Dbrain ICO

Dbrain

Status

Past

Description

Award-winning open blockchain platform to collectively build AI apps that links crowd workers with data scientists to turn raw data into real-world AI solutions for businesses. **UPDATE - Dbrain raised 2.5M USD in their ICO. No info on exchanges.

Starting date

April 15th, 2018

Ending date

June 1st, 2018

Website

View Website

Whitepaper

View Whitepaper

Links
Features

Dbrain is an award-winning open blockchain platform to collectively build AI apps. It links crowdworkers and data scientists to transform raw data into real-world AI solutions for businesses, creating a win-win situation for all participants in the AI market. With Dbrain, anyone with a connected device can do simple tasks of data labelling and get paid instantly in cryptocurrency. Data scientists use the resulting datasets to train neural networks and build AI apps. Businesses use existing AI solutions or specify new ones to serve their particular needs. After securing $2.5M in seed funding, Dbrain has reached a significant milestone by releasing the Alpha version of the platform, including a web app and a Telegram bot, and is the main award winner at the biggest ICO Pitch Competition organized by d10e in Silicon Valley in 2018.

Blockchain technology helps Dbrain meet many of AI’s current challenges. Using the blockchain, it is possible to confidently manage high-quality data labelling, security concerns, intellectual property rights, and international micropayments. Using existing commercial computation infrastructure allows Dbrain to build an affordable, scalable toolkit for developing, integrating, and deploying AI apps.

Dbrain uses blockchain protocols and an in-house cryptocurrency to power the AI production cycle. The SPOCK protocol validates data label quality, ensuring the most accurate datasets possible. The PICARD protocol ensures the security of confidential data and automatically manages relations and fair revenue distribution between stakeholders. Dbraincoin (DBR) is an ERC-20 cryptocurrency to exchange for work, datasets, and AI app usage.

Anyone with a connected device can join Dbrain and get a role in building Industry 4.0. The platform connects exploding demand for hand-labeled AI data with the abundant supply of global crowdworkers. In particular, it reaches 2 billion unbanked people in low-wage countries, offering them cryptocurrency income in exchange for data labeling and validation. Integrating this global workforce into its platform, Dbrain provides a secure, unified infrastructure to supercharge businesses through accessible, high-quality AI products. Right now, AI is off limits to all but the wealthiest and most powerful operations. Dbrain makes AI affordable to more customers, buildable by more developers, and profitable for more workers. Dbrain democratizes AI.

Dbrain charges a 10% commission from every transaction on the platform to compensate costs of running the infrastructure and maintaining a healthy platform. Dbrain’s commission is much lower than those charged by the existing crowdwork platforms. The company believes that zero commissions are unsustainable for a large crowdwork platform, and those who promise to never charge any money for the value they add either aren’t going to build a sustainable business, or aren’t telling the whole story, or don’t add any real value in the long run. At the same time, Dbrain’s AI platform will save clients much more than the commission charged, because they do not have to set up any infrastructure for data labeling, AI development, training, and deployment.

The Dbrain team is made up of industry-renowned professionals and has already launched several AI products that we will be expanding on the Dbrain platform. The team’s background includes development of Icon8, a top-ranked chatbot and e-commerce tool, and Connectome solutions for activity recognition and industrial quality control.

Official Video
Whitelist
Yes
Token Sale Hard Cap
$ 20,000,000
Token Sale Soft Cap
$ 5,000,000
Presale Start Date
December 15th, 2017
Presale End Date
March 31st, 2018
Token Symbol
DBR
Token Type
ERC20, Ethereum
Token Distribution
40% sale, 30% reserve, 20% team, 10% community
Initial Token Price
1 DBR = 2 USD
KYC
Yes
Participation Restrictions
USA (only accredited investors are allowed)
Accepts
BTC, ETH
Core Team

Dmitry Matskevich
Chief Executive Officer

Aleksey Hahunov
Chief Technical Officer

Ivan Gorshunov
Chief Marketing Officer

Dima Dewinn
Chief Design Officer

Advisory Team
Yobie Benjamin
Eleanor ‘Nell’ Watson
Vadim Fedchin
Ed Gurinovich