Introduction
The following review, is a detailed summary and analysis about the Nebula AI project. This will be helpful for everyone who wants to learn more and get an objective view about the Nebula AI Project.
Most of us already do know that blockchain mining consumes lots of electricity and computing power, Bitcoin mining energy consumption is set to exceed private consumption, an energy expert told the BBC. And according to the Bitcoin Energy Consumption Index, global energy usage of all bitcoin mining already is equivalent to the power uptake of the country of the Czech Republic, with a population of 10.6 million, and will eventually approach Bangladesh, a country of 163 million people. This is argurably a huge amount of electricity being consumed here, Imagine the cost ? you wonder at the end of it all, if the profit margin will be tangible considering the huge consumption of energy.
Furthermore, when it comes to centralization, especially in the area of using Artificial Intelligence the big players in the industries, the Facebook, Google,Amazon have huge power in this directive. They are well set up because of there huge financial advantage and offer hosting rights to smaller companies thereby having authority and control over them, because of all these, there is greater concern how private Data is transmitted, Are they secured? Since AI development is linked to cloud services the data is completely centralized. Giving too much of your Data to one single company can lead to great problems, when this data is exploited hence; Cambridge Analytica has used the data it obtained from Facebook to influence the outcome of the US elections. This incident gives great insight into how broad the consequences of Big Data misuse can be.
To solve all these above problems, a project called Nebula AI came up with the idea of using Artificial intelligence with Blockchain technology. In particular, Nebula AI is building a decentralized Artificial intelligence computing Blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.
NBAI work so effectively to solve all these accumulated problems, It will curb issues of Centralization and ensure no one company have full access to all your data without your Authority. This will be done perfectly by combined usage of IPFS, multiple private keys for access control and data verification which makes sure Data cannot be tampered with. This way you can be sure that your Data won’t be misused or even accessed by who shouldn’t have access to it.
High energy cost and consumption will be eradicated, Nebula AI will lease the GPU power from users by creating a generic connection pool, A distributed computing network with way less computing power. Programmers don't have to buy entire systems, rather they could share computing power on a huge network. Programmers will have the ability to progress Artificial intelligence and this allows the production of better Technology that everyone can use.
Nebula AI also allows the GPU miners to contribute their GPU hash power to the AI computing which bring extra social benefits to society. This invention allows Nebula AI compete with the pricing of Amazon and Google cloud computing services.
For the future NBAI stands out as the next generation Blockchain, NBAI has established an AI training center in Montreal where people with a background in Mathematics or programming can learn fundamentals about artificial neural networks and how they’re being used for machine learning, as applied to speech and object recognition, image segmentation, modeling language .
Also, I give utmost credit to the Team in Nebula AI for the availability of the detailed Risk statement it provided , Its such a huge credit on there part and a bonus, it demonstrates responsibility on the team’s part. You should never trust a project that claims your investment will be 100% safe and guarantees returns.
Nebula AI have ambitious goals which will enable them to set new standards for the cryptocurrency market. To achieve these goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Most of the team members on Nebula AI have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are.
Token Details
Detail token
Ticker: NBAI
Token type: ERC20
ICO Token Price: 1 NBAI = 0.0051 USD (0.00001 ETH)
Fundraising Goal: 15,400,000 USD (30,000 ETH)
Total Token: 6.700.000.000
Available for Token Sale: 45%
Whitelist: Yes
KYC: Yes
Bonus for the first: 30% on Pre-sale
Min/Max personal cap: 0.1 ETH/50 ETH
Accepts: ETH
Team
Advisors
Conclusion
Its an exciting project with lots of potential, It breaks the monopoly of the big player, Google and Amazon, It does this perfectly. I believe the team will deliver even with so much competition in the market with similar project.
Nebula AI is here to stay THANK YOU.
Follow Links For More Information
WEBSITE: https://www.nebula-ai.com
WHITEPAPER - https://www.nebula-ai.com/whitepaper/NBAI_whitepaper_EN.pdf
TWITTER: https://twitter.com/nebula_ai
TELEGRAM: https://t.me/NebulaAICommunity
ANN: https://bitcointalk.org/index.php?topic=2928531.0
Github: https://github.com/nebulaai
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