MINDSYNC - Project Review

Hello everyone, have a nice day. The hope of joining the “ MINDSYNC “ project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in investing.

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.

MindSync is a platform and a global community of AI/ML experts so that businesses of all kinds and sizes may benefit from world class talent on a single platform. Customers can order customized AI solutions through ML/DS challenges or choose from a wide collection of ready solutions.

Mindsync is a decentralized and community-based AI platform where everyone can participate in a growing market of artificial intelligence as customers, experts, developers or suppliers to order or create AI services as value. Mindsync is a platform to help complete customer tasks through AI / ML / DS competition and markets for this solution and training series.

Our mission is to bring together the best artificial intelligence and hackers, data scientists, machine learning developers, big data and computing power providers, investors, volunteers in one place to make better AI solutions more accessible, cheaper and easier for a variety of customers, accelerating their development and creating a global market for AI solutions.

How This Product Works

On the MindSync platform, customers can request the creation of specific solutions to their business problems, by creating challenges. This challenge will be seen by all community members. Experts interested in the platform will register their participation in the challenge after accepting the terms and conditions that govern it. Experts (individuals or teams) who succeed in creating their solutions for reviewing customers and other experts in the community. After a successful review, customer purchases can easily be integrated into their business processes.MindSync will also be a storage place for AI readymade solutions and training data sets that can be searched by customers.

MindSync will allow ready-made solutions on the platform and make requests through the API without implementing them on an external server, which is on your side. This makes it possible to make applications use AI for any device that is connected to the Internet.

Interaction Platform

Members — MindSync provides free registration to anyone via the web or mobile application by creating a MindSync account. Providing a benefit platform can only be accessed through a MindSync account. Members can be Experts / Developers or Customers or both. Experts define the problems given by customers. They help formulate and adjust problems. They collect rankings and values ​​by participating in competitions and projects.Each platform member has a track record and verified rating that allows to evaluate contributions to the platform.There is also an optional ability to pass KYC verification. Personal information provided hashed.

Hash is saved by the blockchain platform. Regarding this personal data, interactions between experts and customers are more reliable and transparent. For example. NDA singing while members get to know each other makes more sense. This platform allows customers to place tasks by competing. The competition format provides the most efficient way of solving problems.

Organizations / Groups — Members can create organizations. This brings together memebers into the group and provides a more comfortable way to collaborate. Organizations can also be customers who start a competition.Organizations provide privacy and restrictions on access to datasets.

Community — Basically, all members and organizations are community platforms. Knowledge that was successfully shared among the Community. Community is a collection of experts who can participate in completing and defining tasks. One of the main projects of MindSync’s goal is the creation and elaboration of the DS / ML community which consists of highly skilled experts and developers.

Platform — The role of the platform is technical support from ecosystem projects . This attracts members and describes the community. The platform is involved in maintaining project economics, market models and in development instruments for the community. The role of the platform is assumed by the MindSync team before the development of the DAO.

Dataset — A set of data sets in the MindSync system, available to process through executable code. Data sets can be private and public, accessible to all communities or in individuals (s)

Competition

Competition is a way to get strong solutions to problems in a relatively short time. The advantage of the competition is that a large number of people who are competent at work, who successfully test a large number of hypotheses. As a result, customers receive a working algorithm and, often more important, the knowledge that the results obtained cannot be increased at a low cost.

In other words, the decisions obtained as a result of the contest are estimates for the upper limit of the possible quality of the ML model.

This situation makes competition very effective in applications where even a relatively small increase in the quality of the forecast is in demand by businesses. To understand, to get results similar to competition, and to examine a number of comparable hypotheses, you need several (tens) years of work.

Platform

Benefits of using the MindSync platform:

• For participants — experience, knowledge, contributions to community, gifts, rankings.
• For customers — solutions to their problems, insights about their specific data.
• For platforms — community development, increased involvement, developing market models.

interaction

Token Flow

The platform

Mindsync offers a single platform handling of real-world problems that are applied, paid for or free. The solution made by the AI ​​/ DS / ML community: customers place orders for solutions containing AI technology; members of our community began to develop it and that was finished tested and launched on our platform. It is also possible to integrate solutions into existing businesses or platforms.

Customized or Reused Orders

Customers can order truly new AI solutions or use one of the ready-enterprise solutions from our repository that has been assessed by Mindsync community experts leading to time savings. To order new solutions, customers can create competitions or challenges where developers in the community will participate. Developers who succeed in creating solutions are rewarded and customers can use that solution.

API

The AIaaS Mindsync platform (AI as a Service) makes it possible to run production-ready solutions internally and make requests for it to use the API without implementing it on an external server, namely on the customer side. This makes it possible to create scalable applications using AI with unlimited theoretical computing power for any device.

Token

MindSync token is designed to 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: 1,000,000,000
• Symbol: MAI
• The total token is distributed to the public: 500,000,000
• Type: ERC20
• Purchase method: ETH, BTC, LTC

Team tokens are locked in order to ensure our contributors that we have the best intention and maintain a long-term vision for the project. These tokens are secured via smart contract and will be paid out to MindSync team quarterly (July 2019, October 2019, January 2020, April 2020).

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Conclusion

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.

FOR MORE INFORMATION YOU CAN VISIT LINK BELOW :

website : https://mindsync.ai/
OnePager : https://mindsync.ai/docs/onepager.pdf
Telegram : http://t.me/mindsync_ai
Facebook : https://fb.me/mindsync .ai.official
Twitter : https://twitter.com/mind_sync

Author : Letty sits

Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247