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Mindsync - ML/DS competitions to help solve business tasks and a marketplace for AI

Mindsync - ML/DS competitions to help solve business tasks and a marketplace for AI
Tuesday 2 April 2019

What Is Mindsync?

MindSync is blockchain-based and community driven AI platform where customers, experts, developers and suppliers can be part of the artificial intelligence market and benefit from it. Additionally, the MindSync platform will form partnerships with decentralized supercomputer projects and mining farms in order to make computing power easily accessible by customers or members of the community.
MindSync aims at utilizing AI-based solutions to solve some of the problems businesses face such as lack of enough experts, high costs of computing power, complexity in the adoption, and integration of AI and security issues. The solutions presented by MindSync are either from the competitions held within the community or from the production-ready solutions found in MindSync’s database.
Furthermore, MindSync will ensure that the solutions it provides to businesses are less costly and of high quality since it will use the community of experts that are readily available to provide assistance. Community members will also have the opportunity to receive personal and professional growth since they can earn rewards from the platform, exchange experiences with other professionals or even network with like-minded members.

How MindSync Works

Customers seeking customized AI-based solutions for their businesses can do so by creating challenges that all the community members can participate in. Experts can also participate in the challenge by simply completing the registration process and accepting the terms and conditions that govern the challenge. The expert will then be required to send in their codes or predictions.
Community members that create the solutions can submit their entry for review by the customer and the experts. The winner of the challenge will be the one to design the solution that the customer chooses.
After the review, the customer will select the solution that they can integrate into their business process. Alternatively, the customer can choose a solution from the readymade solutions and training datasets available in MindSync’s repository.
In order to participate in the MindSyncecosystem, developers, experts, computing power and big data providers, volunteers and researchers are required to have the MindSync Coins tokens. The tokens will also be used to rewards participants on the ecosystem.

Mindsync Advantages

All-In-One Platform

MindSync enables businesses to access AI solutions to real world business and integrate the solution into their businesses using a single platform. Once the customer makes an order for a solution, the community member develops it, tests it, and finally the platform launches it.

Time Saving

Instead of ordering for a new AI solution, customers have the ability the select their preferred solution from the available repository containing readymade solutions that have been rated by the experts on the platform which will result in time saving for the businesses.

Reduced Computation Cost

MindSync will use crypto mining farms and enable community members to exchange computing power during the development of solutions. Compared to using cloud computing, this method reduces computation costs and subsequently reduces the prices that businesses have to pay for solutions.

Mindsync MAI Token ICO Details

Parameters Of The ICO

  • Token: MindSync Coin (MAI)
  • Token protocol: ERC20
  • Total token supply: 1,000,000,000
  • Token supply during ICO: 500,000,000
  • Token price: $0.14
  • ICO date: March 01, 2019
  • Accepted currencies: ETH, USD, BTC, LTC and 120+ altcoins
  • Soft Cap: 30,000,000 MAI
  • Hard Cap: 500,000,000 MAI

News

Official resources of the MINDSYNC project:

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