The Smart Contracts revolution has been talked about by the entire Blockchain industry for quite some time now, but it still has yet to emerge into mainstream with real-world use cases. One major reason for this is probably the very technical nature of smart contracts and the fact that one would need to be a coder with knowledge of the relevant programming language to create one.
Therefore, Superset present to solve that problem.
WHAT IS SUPERSET?
Superset is a system that allows anyone to create smart contracts in plain English from a web browser or mobile phone and have it deployed automatically on the Superset network. You can create a Superset smart contract that pays your friend a specific amount every month, or create a Superset smart contract that pays 500 people for research that you need done on thousands of historical monuments from the 18th century. Superset can be used to completely replicate products that have already raised millions via ICOs.
Superset will be able to run an entire company (using a plain English (language) smart contract), a city or country, with the efficiency of a machine and zero waste. The possibilities are limitless. Superset smart contracts are powered by an ERC-20 utility token called the SUPER token.
Superset can operate over any blockchain (Ethereum, Neo, etc) that has smart contracts. In this way, Superset is a layer on top of all cryptocurrencies and the blockchain.
Superset is a global peer to peer exchange that allows individuals to create immutable smart contracts, facilitate payments over multiple blockchains, and arbitrate disputes.
" IN MATHEMATICS, A SUPERSET IS A SET THAT INCLUDES ANOTHER SET OR SETS "
Through the Superset platform, users also have the opportunity to replicate other successful ICO’s that have already been launched, or create anything else that smart contracts allow for, such as automated companies.
Another option would be to take an existing ICO product and create and improved “next generation” version of it. As the team points out in the white paper, a Superset user could for example easily replicate a product like the crypto lottery known as SmartBillions by describing it in plain English in a smart contract.
SUPERSET FEATURES:
• Global peer to peer exchange
• Computer Vision within a Superset Smart Contract
• Natural Language Processing within a Superset Smart Contract
• Access Instagram, Dropbox, QuickBooks, Salesforce, etc. within a Superset Smart Contract
• Superset can create and replace single use ICO platforms
• The smart contracts can be used to run your own freelancing service, or a crypto lottery, or recurring payments, etc.
HOW DOES SUPERSET WORK?
Superset uses natural language processing (NLP) engine that runs simple English sentences though its NLP/ML program to develop smart contracts that have traditionally costs upwards of 100K. The NLP engine was created by Dan Clark circa 2007 and utilizes proprietary neural network models to make this possible.
WHAT PROBLEM DOES SUPERSET SOLVE?
If you want to create a smart contract right now, you have to know how to program (in Solidity, etc), deploy it to the blockchain, etc. With Superset, you can create a smart contract just like you would compose an email, and have it up and running in less than one minute. Lets say you wanted to create a smart contract to pay someone in Bitcoin when they sent you some software you need. The process to do this without Superset would require days/weeks of programming to setup the contract, website, etc. With Superset, you'd just fill out a few fields, send money to the contract would be done in minutes.
SUPERSET TOKEN
Superset will introduce a token (called the SUPER token) which will be used to run the entire superset system. Superset smart contracts will accept other cryptocurrencies but they will all be converted to SUPER tokens before the Superset smart contract uses the cryptocurrency. The SUPER tokens are held in an escrow account for the smart contract until the Superset smart contract transfers the tokens to one of the smart contract’s participants.
If the body of text of the Superset smart contract is not over a certain length of characters, then the text can be stored with a smart contract created on the blockchain. If the text of the Superset smart contract is over a certain amount, Superset can generate a SHA-256 hash code of the smart contract text and store the hash on the blockchain. A hashcode is a unique fingerprint of some data that changes if anything is changed within the text.
The SUPER token is intended to be used as currency within the Superset system, with a total supply of 240 million tokens. 40 million tokens will be released during the pre-sale, and the remaining 200 million tokens will be distributed during the main ICO.
The tokens reserved for the Superset team will be locked up and released ¼ at a time, once per year, effectively putting the entire team on a 4-year vesting schedule. This is a positive step by the team that shows a certain level of long-term dedication to the project.
The token distribution will be as follows:
TOKEN SALE
Token Type: Utility
Platform: Ethereum ERC20
Symbol: SUPER
Pre-ICO: May 1 to May 31, 2018
Public ICO: June 1 to September 30, 2018
Token Supply: 240 million
Tokens Available for Sale: 72,000,000
Hard Cap: $64,000,000
Price: 1 SUPER = $0.80
Minimum investment: $500
Payments Accepted: ETH
SUPERSET TEAM
The CEO & Founder of the company is Dan Clark, a software engineer with experience from creating automated trading systems for stock and cryptocurrency markets.
The Chief Information Officer of the company is Alysson Do, an advisor and investor at venture capital firm Jam Ventures.
The Head of Product is Michael Frye. According to his LinkedIn profile, Mr. Frye is also a software engineer who currently works as CTO and Co-Founder for a Washington DC-based tech company.
The Technical Product Manager is Tyler Kling, an experienced trader and financial analyst based in Austin, Texas. His current job is listed on LinkedIn as Co-Founder of an Austin-based macro and investment research firm.
For more information, Please visit link below:
WEBSITE: https://www.superset.ai
TWITTER: https://twitter.com/SupersetICO
LINKEDIN: https://www.linkedin.com/company/18457035
FACEBOOK: https://www.facebook.com/SupersetAI
GITHUB: https://github.com/superset-ai/Superset_ICO
TELEGRAM: https://t.me/SupersetICO
My BCT
Username: bajigur894784
Profile link: https://bitcointalk.org/index.php?action=profile;u=1238604;sa=summary
ETH address: 0xeF7154A48A81434bf700f4E889672bE84B9eF436
