RE: RE: [ ANN ] AI and the Blockchain: help with an ICO proof-of-concept for new startup
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RE: [ ANN ] AI and the Blockchain: help with an ICO proof-of-concept for new startup

RE: [ ANN ] AI and the Blockchain: help with an ICO proof-of-concept for new startup

Interesting technology and best of luck.

A lot of noise has been made in the ETH ICO space with some great possibilities, but also a few shady ones.

What makes what you guys are creating different than all of the commercial software and programs executed by large scale consulting companies, other than being run on a blockchain?

The large tech companies already have their own software and proprietary technology that does all of these things (without blockchain technology). For people who do not understand the benefits of the blockchain, how would this blockchain help companies like Facebook and Twitter combat the issues you mentioned in para 1?

IBM has a hyper ledger blockchain that does not require any coins or mining to gain the benefits of the blockchain technology. Accenture has also developed their own blockchain that has similar capabilities. More mainstream companies in Europe and the U.S. that are already established are creating their own blockchain with no coin required.

My main issue with ICO coins is when the coin offers no value or use to any space to be implemented by society and is just simply to gain a lot of money to get an idea going. At some point ICOs will be harder to come by because of the companies that had great plans but no infrastructure or true roadmap for development. With all the coins we have right now we are looking in the low trillions of market cap which could be reachable since it's a global audience, but seems far away.

Your project sounds fantastic in theory, and I hope in application you guys do well. AI is the future of managing and providing efficiencies on the blockchain.

As far as where to launch, ETH has a proven track record over the last month for this movement.

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