As our world grows, so does data and the need for efficient data management systems. The processing, storage and retrieval of large amounts of data requires advanced computer tools; Artificial intelligence (AI) and machine learning (ML) are therefore likely to provide the solution we need, as their efficient computing power has been proven in various areas of life. With that in mind, big companies like Amazon, Google, and Microsoft have invested billions of dollars in cloud-based computing. However, these are centralized systems, so there is an added problem of scalability. Then how do we solve the problem of scalability?
THE GENIUS ECOSYSTEM SOLUTION AND THE GENIUS TOKEN (GNUS)
Genius Ventures is a company developing a decentralized platform that employs AI / ML and uses blockchain technology to solve myriad problems related to the digital world. The problem of scalability, security, privacy and data integrity etc. will be a thing of the past with the advent of the Genius platform. How does the Genius ecosystem work?
In the Genius ecosystem, we have the customers who are users who need the services offered by the Genius system, the app publishers who publish their games and apps in the Genius system, and the nodes who have the computing power to support the AI Deploy / ML. This solves the problem of scalability, as the data is decentralized, i.e. processed by thousands of nodes (individual devices that rent their devices for AI / ML computing in exchange for a reward).
The heart of the Genius platform is the Genius Token (GNUS), which is based on the Etherium blockchain and will serve as fuel for the Genius ecosystem. In other words, users who want to take advantage of the services offered by the Genius system, such as renting computing power or buying records, make payments that are converted to GNUS. Below is a pictorial view of the Genius ecosystem:
WHAT MAKES THE GENIUS SYSTEM UNIQUE?
The Genius system is unique in that it offers a win-win situation for all users. As? Let me explain. If a customer needs one of the services offered in the Genius system, he makes payments, which are converted into Genius tokens and held in trust. The Genius system uses AI or ML, which the customer can select during the service request to process the data. After completing the calculation, Genius Smart Contract validates the processed data and then returns it to the customer, distributes 70% of the money to the individual node wallets involved in the calculation, 20% of the money to the publisher of the services provided (apps or games ), while Genius Venture receives 10% of the fund. Interesting,
SOME FEATURES OF THE GENIUS SYSTEM.
The Genius system includes, but is not limited to, a payment system, proof of work, decentralized file system, data delivery / storage systems, software development kit, and a cryptocurrency wallet, the picture of which is shown below
GENIUS TOKENOMICS
Below is the Genius token allocation:
• 59% for the public during the Initial Token Offering
• 15% for the Genius Ventures project team
• 5% for the bounty and overheads
• 3% for partners and consultants
• 18 % for Reserves
Above token allocations show transparency on the team side as they do not hold the bulk of the token but the public. Therefore, the likelihood of dumping the token below the public sale price is minimal. This is exhilarating for GNUS and offers a great opportunity for investors.
In addition to token allocation, GNUS has a wonderful use case that I believe will increase in demand once the platform is fully deployed.
GENIUS TOKEN SALE
The token sale is live and you can be one of the early investors. To buy the token, please go to Uniswap or visit the website
More Information:
Website: https://www.gnus.ai/
Whitepaper: https://www.gnus.ai/wp-content/uploads/2021/08/Genius-Tokens-Whitepaper-1.0_Final.pdf
Telegramm: https:// t.me/geniustokenschat
Twitter: https://twitter.com/VenturesGenius
Facebook: https://www.facebook.com/geniusventures.io/
AUTHOR:
Username : Antonigrock
My Profile Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3136765
ERC20 ADDRESS : 0x38B476EC05E1e228611E5b76569D71A47fc7d6b7
Telegram User Name : @Sessiaw