Genius Ventures is a platform that offers distributed computing power solutions that are fueled by cryptocurrency. Genius Ventures will leverage idle processing cycles on PCs, mobile devices, and IoT devices and assign them to users who require them based on the quantity of tokens they have bought. But that’s not all; Genius Ventures also has the following features :
THE GENIUS ECOSYSTEM SOLUTION AND THE GENIUS TOKEN (GNUS)
Genius Ventures is a company that is developing a decentralized platform that will deploy AI/ML and leveraging on the Blockchain Technology to solve myriads of problems associated with the digital world. The problem of scalability, security, privacy and data integrity, and so on, will be things of the past with the emergence of Genius platform.
How does the Genius Ecosystem work?
In the Genius ecosystem, we have the customers who are users that will require the services offer by the Genius system, the app publishers that publishes their games and apps in the Genius system and the nodes which provide the computing power to support the AI/ML. This solves the problem of scalability as data is decentralized, that is, processed by thousands of nodes (individual devices who rent out their devices for AI/ML computing in exchange for a reward).
At the core of the Genius platform is the Genius Token (GNUS) that is built on the Etherium blockchain, and which will serve as fuel that powers the Genius Ecosystem. In other words, users who wishes to utilize the services offered by Genius system such as renting processing power, purchasing dataset, will make payments which will be converted to GNUS. Below is a pictorial view of the Genius ecosystem:
Genius Ventures’ code and SDK are compatible with platforms such as Windows, OSX, iOS, Android, Linux, Windows Mobile, XBOX, Playstation, Nintendo, and IoT Devices.
- Availability at all times: Genius Ventures’ processing capacity can run stand-alone programs, embedded systems, or games 24 hours a day.
- Customizable: Using the supplied site, users may select A.I. or Machine learning methods based on their needs.
- Organic: Users will be compensated based on their contributions. Furthermore, user acquisition will be free of charge, and users will be compensated for data processing.
- Fast: The hybrid Cryptotoken system employs blockchain-based internal Directed Acyclic Graph technology that can perform transactions in milliseconds or less.
- Mobile-first: SDK development will emphasize mobile devices above computer machines from any system.
GENIUS SYSTEM UNIQUE?
Genius system is unique because it offers a win-win for all users. How? Let me explain. When a customer requires one of the services offered in the Genius system, he will make payments which will be converted into Genius Token and held in escrow. Genius system will deploy AI or ML, which the customer have the option of choosing during service request, to process the data. Upon completion of the computing operation, Genius smart contract will validate and return processed data to the customer thereafter, distribute 70% of the fund to the individual node wallets involved in the computation, 20% of the fund to the publisher of the services rendered (such as app or games) while Genius Venture will receive 10% of the fund. Interestingly, the recipients of the Genius Token have the option of converting their token to other currency or use them for other services rendered on the platform.
SOME FEATURES OF THE GENIUS SYSTEM.
The Genius system contains but not limited to a payment system , proof of work , decentralised file System ,data delivery/storage systems, software development kit and cryptocurrency wallet whose picture is shown below
TEAM
ROADMAP
Conclude
Today’s businesses, particularly large businesses, require high-performance computer systems to handle all of their transactions and company data more rapidly. However, not many businesses, particularly small businesses with limited resources, can afford to purchase this equipment. And Genius Ventures is here to help as a platform that will offer more inexpensive distributed computing options to project developers in need. Genius Ventures offers a service that allows project creators to purchase computer power for their projects using the GNUS token, Genius Ventures’ native token. Later project developers can tailor the resources they require for their projects based on their skills. As a result, all project creators will be able to obtain more cheap processing power for their initiatives. Genius Ventures’ goal is to give consumers with a platform that enables them to obtain computer power more simply and inexpensively.
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
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