Till date, masses have given their data away to companies in order to exchange for centralized access to services and applications. Some common examples are, tracking and sharing of location and accessibility to shopping history and uploading and tagging of photos. But the current system fails to provide equality in just and balanced intelligence. Here comes into play, SYNAPSE AI. They create AI economies that any agent can participate in and receive some reward for doing so.
The platform, Synapse AI resolves such issues simply by tokenizing an agent's work on the Synapse AI market. For this purpose they use SYN utility tokens, thus enhancing the economy between participants and transferring value given to those participants. This speeds up a system that nourishes beyond the means of capacity of any one single company or organization. By tokenizing contributors and by launching these data and utility machine learning models with the help of decentralized marketplace formats on the blockchain, they have created syndicates that bestow the greatest benefits to users round the globe.
SYNAPSE AI:
Synapse al is Data decentralization and machine learning marketplace for exchange. It enables everyone and anyone to use machine learning models and contribute data in many forms. It is, in other words an intelligence data and protocols for the next distributed stack layer. Particularly, their work facilitates on token exchange and value around:
- Agents using models for training and confirming.
- Agents getting in touch with each other on their own, in a self driven manner.
- Agents requesting, collecting and contributing data.
How does it work?
The synapse al market works in a very systematic and planned manner.
- Firstly, the agents plan to meet the demands of intelligent contract and ad-hoc data.
- Then a vivid and informative data pool is developed and expanded as per the demands.
- Thirdly, the machine learning models are created and trained using this data pool.
- Lastly, these models are offered back to the agency through micro transactions.
- Synapse then launches a new bounty campaign, which continues for almost 6 weeks.
- According to the company’s data, 0.2% of all synapon tokens are available for this campaign. There are 2,222,222 tokens available for this gift, equal to $ 100,000.
- ICO will showcase sales of the ERC Token-20 constructed from smart ethereum contracts.
- Details of token distribution:
Token sales 33%
33% Developer Fund
33% Company
01% Token Sale Fee
Token disbursement will occur 60 days after public auction.
Token: SYN
Total Supply: 1,000,000,000
Why SYNAPSE AI?
1.The super utility token
SYN token is readily available to trade for a number of major exchanges. They give the users the power to trade it for their currency of their preference, including many currencies like Bitcoin, Ethereum, NEO or USD.
2.Training machine models and their use
Use the Synapse AI marketplace to instantly avail data pools and machine learning models for user’s project, business or organization.
3.Monetary perks in exchange of your data
Since, a long time, there hasn’t been any platform which pays in the exchange of data. But this platform lets the users earn rewards by contributing data in the form of SYN tokens. These tokens can be easily which may be redeemed for services on the Synapse network or traded on most major exchanges worldwide.
SYNAPSE AI has a very distinguishing work model and it aims at benefitting the users. The company has a very talented set of people working for the success, day and night. The value of data has belonged to those who collect it. We believe in a future that allows those who contribute data to be compensated. Synapse is building that future, today.
For more information visit:
Website: https://synapse.ai/
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2198553
Bitcointalk Bounty thread: https://bitcointalk.org/index.php?topic=2198555
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