Genius Tokens Cryptotoken A.I. Process

qikiye (25)in #genius • 3 years ago

At a glance Genius Ventures Abstract

As our world grows, so does data and the need for efficient data management systems. Large data processing, storage and retrieval requires advance computing tools; hence, Artificial intelligence (AI) and Machine Learning (ML) are projected to proffer the solution we need as their efficient computing power have been demonstrated in various fields of life. Understanding this, big companies such as Amazon, Google and Microsoft have invested billions of dollars into cloud-based computing. However, these are centralized system hence, the problem of scalability comes in. How then do we solve the problem of scalability?

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.

Purpose of Genius Ventures:

Genius Ventures seeks to deploy a scalable, high-performance, secure and manageable infrastructure side chain that promotes a new form of distributed management, encompassing key leaders in the compute, big data, and cloud industries.

Genius Ventures aims to provide systems and methods for distributed general purpose computing with crypto token payment systems. This payment system integrates a slow blockchain crypto token with a fast DAG based crypto token. This technology is based on Ethereum’s “Genius Token” smart contract and enables the creation of a virtual cloud infrastructure that provides high-performance computing services on demand.

Features of Genius Ventures:

Works anywhere: Code and SDK (Software Development Kit) works on all devices, including Windows, OSX, iOS, Android, Linux, Windows Mobile, XBOX, Playstation, Nintendo, and IoT Devices.

Customizable: AI or Machine learning algorithm can be selected by customer via customer portal and data can be uploaded or on customer secure server

Fast: The hybrid Cryptotoken system uses a fast internal Directed Acyclic Graph (DAG) based blockchain that executes transactions in microseconds.

Always available: stand-alone applications, embedded systems, or games with integrated SDKs can perform processing.

Organic: Growth is organic in two ways. User Acquisition Fees are almost zero and Users are paid to process the data, thus attracting them to use your game or app more often.

Mobile-first: Development SDKs (Software Development Kits) are targeted at Mobile devices first and use computing devices on any system.

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Tokenomics and token sale:

Genius Ventures has a native token launched under the name GNUS. The GNUS token is launched on the Ethereum platform with the ERC-20 protocol and will serve as the main payment on the platform, this means that the GNUS token will be prioritized for transactions on the platform, such as purchasing computing power or other transactions. And to accommodate all user assets, Genius Ventures launched a digital wallet that will securely store all user assets. To be able to get GNUS tokens, users can buy GNUS tokens on pre-ico and ico events that will be held by Genius Ventures.