What is Mindsync (MAI) | What is MAI token | Mindsync (MAI) ICO

What is Mindsync?

Mindsync is a decentralized AIaaS and ExaaS* community-driven platform to solve customer’s tasks with AI technologies as well as a marketplace for AI solutions and training datasets. Customers can request creation of unique AI-based solutions by holding a challenge/competition among service providers in the Mindsync community, or use a ready-made enterprise-level solution that is already present in the Mindsync repository, fully vetted by our experts.

AIaaS and ExaaS – Artificial Intelligence-as-a-Service and Expert-as-a-Service

Our mission

Mindsync is a platform to help solve customers’ tasks through AI (Machine Learning/Data Science) competitions as well as a marketplace for these solutions and training datasets.

Our mission is to bring together the best artificial intelligence experts and hackers, data scientists, machine learning developers, big data and computing power suppliers, investors, volunteers in one place to make better AI solutions more accessible, cheaper and easy for a wide range of customers, accelerate its development and create a global marketplace for AI solutions.

How it Works

The age of AI technologies is well and truly upon us. While movies like The Matrix have shown us the cataclysmic effects of intelligent machines, we cannot ignore the vast benefits that AI technologies bring to businesses today. The use of AI technologies can help reduce operational costs, increase efficiency, grow revenue and vastly improve the customer experience. And unbeknownst to us, we are surrounded by intelligent devices that are making our lives easy.

The Future of AI is Bright

Businesses around the world are realizing the awesome powers and capabilities AI technologies can bring to their processes. And it has been estimated that global spending on cognitive and AI systems will surpass $19 billion in 2018, an increase of more than 50% over the amount spent last year. This shows the tremendous interest of global businesses to secure a competitive advantage by using AI technologies. However, like any growing market, the AI market also suffers from certain pain points, which, if not addressed, may prove to hinder the effective utilization of this truly transformative technology.

Pain Points of the AI Market

The major pain points in the path to utilization of AI tech include,

1. Lack of enough experts.
2. High demand of computing power, and eventually, costs.
3. Complexity in integration and adaptation.
4. Security issues.

MindSync has the Solution

To address these issues, MindSync is creating a unified platform to establish an active community of experts in the field of AI technologies like machine learning (ML), computer vision (CV), deep learning (DL), natural language processing (NLP) and data science. This community will be a source of contact for customers of all sizes to access state-of-the-art AI-based solutions for their businesses.

How does MindSync work?

On the MindSync platform, customers can ask for the creation of a customized AI-based solution to their business problems, by creating a challenge/competition. This challenge will be visible to all the community members. Interested experts on the platform will register their participation in the challenge after understanding the terms and conditions governing it. The expert (individual or team) that successfully creates the solution will submit their entry for the review of the customer as well as other experts in the community. Once the review is successful, the customer buys the solution that can be easily integrated into their business processes. MindSync will also be a repository for readymade AI-based solutions and training datasets that a customer can look for.

Apart from these, the MindSync platform will also look to strategically partner with crypto mining farms and make use of some of the computing power that can be used amongst some community members. This will help reduce the high costs for availing computing capabilities.

The deployment of blockchain will ensure that data integrity is protected and security of the highest level is assured at every stage.

MindSync is an AIaaS (AI as a Service) and ExaaS (Expert as a Service) platform. It seeks to help solve business problems of customers through AI-based solutions that are created through rewarding competitions within the community or through choosing from a wide range of production-ready solutions in our repository.

MindSync is on a mission to provide better and cheaper AI solutions for a wide range of businesses through a readily available community of experts. While customers will be spoilt for choice at the talent on the platform, the community members also get a platform to earn rewards and exchange experience and interact with like-minded individuals for personal and professional growth. The paramount objective of MindSync is to eventually create a DAO that will be self-sustainable.

Parting Thoughts

With the world poised to embrace AI technologies fully, the time is ripe for disruption in the market. MindSync is at the forefront of creating this disruption in the status quo with its intuitive and robust platform that brings the best talent in the field within a single ecosystem. By assuring low costs and enhanced security, it seeks to be the go-to platform for all things AI.

Platform

Features

• The platform

Mindsync offers a single platform handling of applied real-world problems, paid or for free. A solution is made by the AI/DS/ML community: customer places an order for a solution containing an AI tech; the members of our community start developing it and the completed one is tested and launched on our platform. It is also possible to integrate the solution into an existing business or platform.

• Order Customized or Reuse

Customers are able to order an absolutely new AI solution or use one of the enterprise-ready solutions from our repository that has been rated by the Mindsync community’s experts leading to time saving. To order a new solution, a customer can create a competition or challenge where developers in the community will participate. The developer who successfully creates the solution gets rewarded and the customer gets to use that solution.

• API

Mindsync AIaaS (AI as a Service) platform allows to run production-ready solutions internally and make requests to it using API without deploying it on external servers, i.e. on the customer side. This makes possible to create scalable applications using AI with theoretically unlimited computing power for any device.

Token

Mindsync token is designed to make investments on the platform, access AI solutions and to reward participants such as machine learning developers, experts, volunteers and researchers, computing power and big data providers. Mindsync token is a ERC-20 utility token. The number of tokens is limited. Mindsync token is set to run on decentralized blockchain technology, ensuring transparency and security of all financial transactions.

• Name: Mindsync
• Price: $0.14
• Blockchain: Ethereum
• Total possible tokens: 150,000,000
• Symbol: MAI
• Total tokens available for public sale: 75,000,000
• Type: ERC-20
• Purchase methods: ETH, USD, BTC, LTC and 120+ altcoins
• Smart contract address:
• 0x75387e1287Dd85482aB66102DA9f6577E027f609
• Softcap: 30,000,000 MAI
• REACHED
• Hardcap: 75,000,000 MAI

ICO Time:

01 Mar 2019 - 01 Feb 2021

The top exchange for trading in MAI token is currently Bithumb Global

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