Endor.coin, better known as Endor, is a behavioral analysis protocol for businesses as well as individual users. The team called the Google Prognostic Analysis Project.
So far, the high costs have stopped all, except for large organizations, from access to artificial intelligence and predictive analyzes. The most predictable questions require data research, weekly iterations, and constant updating of the data in order to obtain a fairly accurate forecast. Using block technology and automation, Endor provides this data, making it accessible to everyone.
Social Physics
Endor expands to a new science based on MIT, social physics. This science states that each set of event data, such as credit card purchases, contains certain patterns of human activity within the data. If you are able to find these models, you can create more accurate predictive analyzes than normal machine learning.
Automatic business forecasts
Endor's first focus is on an automated "Data as a Service" platform for corporate customers. Thanks to this service, businesses can upload a set of behavioral data, and after a brief integration, they will be able to ask questions about the future behaviors of the entities in the dataset. The team has already used this platform to explore the effectiveness of Coca-Cola's marketing campaign.
After Endor's successful introduction to business, the team plans to use the protocol to improve behavioral forecasts. Through the decentralized nature of block technology, Endor connects users with data providers in a cost-effective and reliable way, ensuring that the forecasts they receive are as accurate and accessible as possible.
Token
The Endor team develops the protocol in a way that connects to the existing block as well as a set of data outside of it. EDR tokens are based on Ether. As a user, you need to pay EDR tokens to make a prediction request. The bigger and more complex your request, the more EDR you have to pay. Two potentially separate entities receive this payment. The first is the analytical data provider that provides reliable data for analysis. The other is the one who performs the intense calculations of this dataset.
Team
Most of Endor's team are Ph.D. students, data analysts, and experts. Dr. Janev Alzouler, co-founder, and CEO is an MIT researcher and recently published "Swarms and Network Intelligence in Search", a suitable book for the Endor protocol. Another co-founder of MIT, Professor Alex Pentland, is a member of advisory boards for many well-known organizations like Google and others.
Endor is already working with some big "players" in the product and service industry. The list of partners includes MasterCard, Coca-Cola, Walmart and Travelers Insurance. On the block side, the team made strategic partnerships with Bancor and Enigma.
Token and distribution
The team has not yet published information on the number of tokens or how they will be distributed. However, they state in their White Paper that most of the funds collected by ICO will be used for research. The team will use up to 10% of revenue to conclude a partnership with a leading global research institute. In addition, up to 30% of the funds will be used to buy their own technology.
Endor uses social physics to provide better analyzes for both businesses and individuals. The company's record has already been successfully tested and used by numerous companies. Although the data on spreading tokens has not yet been published, the team and the partnerships are in themselves good indicators that this project would be a valuable opportunity.
Unfortunately, Endor's team has not yet published information about its ICO. If the team is behind its decentralization mission, this project has the potential to become one of the most interesting ICO projects of the year.
source - profit.bg image source - pixabay.com