AI in cryptocurrency? Check out Deep Brain Chain

in cryptocurrency •  7 years ago 

Deep Brain Chain

This token a bit different from others. It focuses on utilizing AI on blockchain technology. Essentially it is a neural network, and it distrubutes the computer requirements to reduce cost and increase speed. This is a pretty complicated token, it's more thought out and very different from other tokens i've seen. According to the whitepaper, this token is decentralized and aims to reduce of the cost of AI by 70%. I find this token to be unique because it brings a new industry into crypto. And there are over 5,000 new companies related to AI in just 2016 alone. So this token is built off of a new, growing industry.

According to oxfordcrypto, this token has three major clients: Samsung, Microsoft, and Siemens. So it's definitly a token worth considering.

So lets take at look at the momentum:

Source

Today alone, the coin has grown about 50%. And has a market cap of 544 million, and the price stands at $0.6. From the market cap, I feel like it has some room to grow. And if the momentum keeps catching on, it's possible to imagine this token having exponential growth in the near future.

I'm open to any feedback or suggestions related to this coin. And feel free to leave a comment, and I will answer it to the best of my knowlege.

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This post has received gratitude of 0.33 % from @appreciator thanks to: @johngentryjr.

Looking at the chart it looks like , its akways goin up ..not a pump and dump coin

It looks like there is some steady growth. I'm very happy with my investment so far.

Hello , I like it . Upvote and Follow you . .. Please if you do it , I'm so happy. Thank you .
@johngentryjr

Great information, thanks.

No problem!

Thanks for the information @johngentryjr.

No problem! Happy to help

This post has received a 1.92 % upvote from @booster thanks to: @johngentryjr.

"Samsung, Microsoft, and Siemens" as clients got my attention. The DeepBrain Chain whitepaper in the link is very interesting and adds to my understanding of where the future of AI and blockchain technology is heading. Thanks for sharing!

Do you think it will continue to climb?

Yes, definitly.

I really like reading your post it gives more information to all the readers. Keep it up you are helping us a lot. :)

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Interesting crypto I have not heard about, if it has a purpose, it normally is worth investing into @johngentryjr

I want to know if anybody has any insight on DBC when it comes to regards of their global neural network. It has been proven that splitting the computation of a neural network more than 16 times is no longer increasing efficiency so are there other selling points of this project or do people not know enough about machine learning to notice this?

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