Eventum Network Alpha Review; Decentralized Real-World Data Feeds

in #cryptocurrency7 years ago

EVENTUM NETWORK

Using wisdom of crowds and blockchain to deliver the right data for the right price

From their website https://eventum.network/

Eventum is the world's first decentralized platform where the truth is sourced from the crowd and then automatically turned into a real-time API. Reporters get paid for what they see and experience, while developers get any data they want more cheaply and reliably.

Now there are a whole lot of interesting project in the cryptoworld.
You know what's the best of all?
The one that give you rewards for participating in the alpha test!
So do yourself a little favor and DYOR about what Eventum Network is and join the fun!


Read the lightpaper here: https://eventum.network/Eventum-lightpaper.pdf

Or the whitepaper here: https://eventum.network/Eventum-whitepaper.pdf


The Alpha Events and The Rewards

7,000,000 EVT and 40 ETH tokens will be distributed among the participants according to this rewards structure. The faster you provide the answer that majority gave, more reward you will receive.

To get a reward you need to report the same data as the majority (you need to be part of the consensus), and you need to report it fast — the faster you are, the bigger the reward. Please read the Whitepaper and Lightpaper to understand how the system works!

Read the complete guide here: https://medium.com/@EventumNetwork/eventum-alpha-the-complete-guide-44fa253261f3

Interested?
Lets take a look at past alpha events and my experience with it so far!


Black Friday Test (Category: Image Recognition)

Total Rewards: 10,000 EVT and 1 ETH

Do a simple math test

Did you get the answer right?

The Stats

Contract0xddc4bd8ee760243dbbf815511ec161d1cd6957d8
Consensus rules
Event startFri Nov 24 2017 20:00:00 GMT+0800
Event endConsensus reached or 10 minutes
Event subject Quick Maths
Consensus value8
Consensus reached in2m2s
Number of data providers19

As you can see,
the consensus value is 8 which reached consensus in 2m2s with a total of 19 votes.
Sounds easy enough? Oh yeah.
Probably gonna took you no more than 5 minutes to participate and earn rewards!


Fake News Detection (Category: News)

Total Rewards: 1,000,000 EVT and 4 ETH

Check the news and decide whether it's fake or not

Can you spot the fake news? (Hint: Google)

The Stats

Contract0x95756328393497a7f17f4cb6ecae6550e4ca197e
Consensus rules
Event startWed Feb 14 2018 20:00:00 GMT+0800
Event endConsensus reached or 5 minutes
Event subject Fake News
Consensus valueReal, Fake, Real
Consensus reached in1m59s
Number of data providers78

This one is pretty obvious, you don't even need to google for it.
The second one was obviously fake.
Consensus reached in 1m59s with total of 78 votes.


Inappropriate Content filtering (Content Moderation)

Total Rewards: 800,000 EVT and 4 ETH

Detect inappropriate content in a series of tweets

Social media tends to bring the worst out of people sometimes.
Which one seems inappropriate?

The Stats

Contract0xe3055f096c55c499bd14861e403b1e92f8a0c156
Consensus rules
Event startThu Feb 22 2018 02:00:00 GMT+0800
Event endConsensus reached or 5 minutes
Event subject Moderate tweets
Consensus valueNot appropriate, Appropriate, Not appropriate, Appropriate
Consensus reached in1m11s
Number of data providers100

That's another consensus reached within 1m11s with a total of 100 votes!


Live Stats From Esport Events (Category: Esports)

Total Rewards: 900,000 EVT and 6 ETH

Report who drew the first blood in the finals of ESL One Katowice 2018 Major

This one is from a live Esport event (DOTA 2),
The ESL One Katowice Grand Final between Virtus.Pro and Vici.Gaming.
If you're not familiar with DOTA 2, you're probably gonna have hard times telling what's what and who's who.
Anyway here's the highlight video, of which you can see the answer in the first 20s of the video.

The Stats

Contract0x9c7609db4ee4bcce256b9ebc3391e05d058e9162
Consensus rules
Event startSun Feb 25 2018 22:00:00 GMT+0800
Event endConsensus reached or 2 hours
Event subject Esports
Consensus value9pasha, LaNm
Consensus reached in51m40s
Number of data providers292

The consensus, the name of the players that involved directly in the first blood.
This one takes pretty long time, since it's a live event.
Consensus reached in 51m40s with a total of 292 votes.


Detecting Suspicious Activity (Category: Real-time Video Analysis)

Total Rewards: 1,000,000 EVT and 8 ETH

Report when any suspicious activity in the video feed STARTS (i.e. anything out of ordinary starts happening).

As of the writing of this post, this is the latest and the first event that I had participated.
It's a video feed of a security camera, with a suspicious activity happened at a certain timeframe.
There are some option that you can choose as the answer.

The Stats

Contract0x5ad0240d360fca783d07df6815d4ae51e5ab2e75
Consensus rules
Event startThu Mar 01 2018 02:00:00 GMT+0800
Event endConsensus reached or 15 minutes
Event subject Video analysis
Consensus value3:00 - 3:30
Consensus reached in5m38s
Number of data providers315

So how did I do?

Part of consensus
Data reported3:00 - 3:30
Data reported at1m7s (117. position)
Reward 0.0254 ETH + 3,180 EVT

That's not bad. Got 0.02ETH and 3180 EVT tokens as the rewards!
The votes that are way faster than mine got a whole lot more than that!


Eventum is the world's first decentralized platform where the truth is sourced from the crowd and then automatically turned into a real-time API. Reporters get paid for what they see and experience, while developers get any data they want more cheaply and reliably.

So that's basically what Eventum Network offer.
DATA PROVIDERS get paid by providing and verifying data, and the DEVELOPERS will get verified and reliable data based on the consensus through real-time API!

Want to join in the alpha?

The next event will be held at Sat Mar 03 2018 02:00:00 GMT+0800.
If you haven't join, you should be or you gonna miss the fun!
Before you do, make sure you go through the articles first!

Eventum Alpha is at the moment deployed on Ropsten Test Network, NOT on the Main Ethereum Network. This enables us to thoroughly test the technology and measure everything before we go live, so your “real” accounts and its ethers on main Ethereum network are ALWAYS SAFE!

We will distribute the same amount of ether that you just received on Ropsten test network, to the wallet you have registered in Eventum, on “real” main Ethereum network after the token sale. Reward in EVT tokens will be also be distributed after the token sale at approximately the same time.

Eventum Alpha Live Demo Event:
https://medium.com/@EventumNetwork/eventum-alpha-live-events-d15d87b75cb3

Eventum Alpha: The Complete Guide:
https://medium.com/@EventumNetwork/eventum-alpha-the-complete-guide-44fa253261f3

Don't forget to read the Whitepaper and Lightpaper too!


Eventum Network Official Links:

Follow me on my twitter @_jzz357!
Thanks for reading!

Sort:  

Congratulations @jzz! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @jzz! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!