Acquainting With Epik Pritocol

in epk •  3 years ago 

Human knowledge started through trial and error and with time, this knowledge was transferred via word of mouth, carvings on walls and songs. Knowledge passed from generation to generation ensured that learning via trial and error was greatly reduced leading to more concrete information and intelligence.

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As time progressed, humans devised better structural ways to store and transfer knowledge from one party to another and from one generation to another and instead of relying heavily on what came before us, we devised observation and research strategies. Laws were established, hypotheses were structured for further study, theorems were built, hereby starting a pivotal point in human history.

With this knowledge also came a change in beliefs, people stopped believing the earth was flat, scientists landed on the moon, the cure for malaria was discovered, proper vaccination, milestones in engineering, physics, and even social sciences like sociology and psychology.

However, one would agree that without proper storage and dissemination of the knowledge humans have acquired, all these would not have been possible, humans would have learnt to forget.

Fast forward to decades later and Google has made it even easier to store, access and share great banks of information and knowledge. But even with all these, there is a limit to what humans can do with that knowledge at a given point in time. By employing the use of knowledge graph technology, Google broadened the use of machine cognition, the ability for machines to process, read, analyse, understand and make use of human knowledge in complex ways humans can only dream of.

This is what we now call artificial intelligence. By employing machine learning at speeds never thought possible, humans inch closer to discoveries and projects that before now were only dreams and wishes.

But where does the Epik protocol come in? The Epik protocol is committed to the construction of a decentralized ultra-large scale knowledge graph through decentralized storage technology(IPFS), decentralized autonomous organization(DAO) and token economy model.

In simple terms, the EPIK Protocol aims to take it one step further and build upon what google has done by combining the power of decentralized crypto blockchain, artificial machine intelligence and a reward system for users of its platform.

Think of it as artificial intelligence on steroids. EPIK aims to inspire its global community members to organize human knowledge in various fields into knowledge graphs that are jointly built, shared and continuously updated.

Instead of keeping these knowledge graphs under a centralized control, it makes use of a democratic model. A decentralized trusted knowledge graph collaboration platform of the people, by the people and for the people.

Through the combination of IPFS, a token incentive mechanism and a DAO governance model, EPIK creates a global open autonomous community with four core capabilities of users, trusted storage, sure incentives, and a transparent governance system. This ensures that a cohesive community of global users is built with an incentive to work together at an extremely low management cost, and continuously produce high quality AI data that is easily shared and built upon.

This is the era of artificial intelligence, and EPIK wants to be at the forefront of this movement by simply becoming the first AI data and decentralized storage solution in the world.

THE EPIK PROTOCOL MAINNET COUNT DOWN

The EPIK protocol mainnet countdown currently sits at 8days, 20 hours and 36 minutes as at the time of writing this article.

There are three ways you can participate,

JOIN AS AN EPK BOUNTY HUNTER:

Function: Labelling AI Data.

As an EPK bounty hunter, you participate in labeling data in different AI domains. The more tasks you complete, the higher the EPK rewards you get. EPK are EPIK tokens, and the way they reward users on their blockchain. You also have the opportunity to win knowledge badges in the form of non fungible tokens(NFTs). You can then use acquired NFTs to get EPK airdrops in the future. There is also a referral program for when you invite friends to join as bounty hunters with rewards systems at two levels. Commission at the first level is 30% while commission at the second level is 15%.

JOIN AS AN EPK KNOWLEDGE NODE

Function: Storing AI Data

In this category, participants can use their idle storage devices to store valuable AI data in a decentralized manner. The more data you store, the higher EPK you earn. But storing data is not the only way to earn rewards. You also get rewards if you give the public the opportunity to access AI data by offering data download services. As the EPIC Mainnet is 8 days from now, now is the time to make your storage devices ready and join in the early launch. There are early bird rewards for early users.

JOIN AS AN EPK DOMAIN EXPERT

Function: Formatting AI data

This would not be launched with the Mainnet launch date. It would become available a month after the launch date. However, applications are currently ongoing if you want to participate in formatting AI data.

HOW DATA WOULD BE TRANSFERRED UNDER THE EPIK MAINNET

Data from different data sources are labelled by the AI data labelling system in conjunction with users called bounty hunters.

The accepted labelled data are then stored in an efficient AI decentralized storage system. Users can use their devices for storage and data download services. When the application needs to access data, it pledges EPK ensuring there is a continuous flow of data and rewards. The EPK obtained for the contribution of data is actually the value of the data. In other words, the value of data is in a direct relationship with EPIK’s token. As demand for data increases, the higher the demand for EPK. And as EPK increases in demand, its value also increases.

All these make EPIK one of the most important decentralized innovations in modern history. It stands to correct the current skewed nature of AI growth and development, bringing it into the hands of active and enthusiastic participants who are not only just contributing but earning in the process. No wonder it is named EPIC.

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