Overview

DeepCloud is building an AI-driven decentralized cloud computing platform for running decentralized applications - IoT and Web 3.0 DApps.

Project stage

Prototype

Detailed description

DeepCloud is building an AI-driven decentralized cloud computing platform for running decentralized applications - IoT and Web 3.0 DApps.

It is providing a spot market for computing and storage resources for enterprise-level users and individuals, for the purpose of sharing their excess capacity on our decentralized cloud, and with our AI matching engine. Applications execute in a secure sandbox on the peer-to-peer resources, and all transactions are managed on the blockchain via smart contracts.

It also offers an DApps marketplace for developers with pre-validated applications to speed up the development of their end to end solutions.

Main goal is to democratize cloud computing and level the playing field for resource providers and application developers.

Problem

While the cloud industry is already very mature with large players like AWS, Google Cloud and Azure, their cloud infrastructure is geared towards centralized applications where key resources are running in large centralized data centers.

These solutions are not suitable for building decentralized peer-to-peer and IoT applications which have the requirement for computation resources running close to the edge devices for processing the growing volume of data generated at the edge, or a cost-effective, solutions for payment flow for micro-transactions executed automatically by the p2p IoT devices as they interact with each other and automate common tasks.

Similar problems exist for solutions involving complex multi-party integration across organizations for example in supply chains, government institutions, financial institutions.

Current systems rely heavily on high cost intermediaries and proprietary interfaces which are very costly to build and maintain making it difficult for smaller players and companies to enter into market.

Solution

DeepCloud AI will democratize the playing field for cloud infrastructure and open-up the market for resource provides and application developers to run and deploy their decentralized applications in a cost-effective manner. Like Golem, SONM, iExec, we are building a decentralized cloud platform, and betting on blockchain based cloud solution as the future for decentralized applications.

Core differentiator is the use of AI for doing the resource matching between the network resource providers and application developers. Further, with the extensive industry knowledge and expertise of building Enterprise solutions, our core team, brings to the table deep insights and know-how for Enterprise customers.

Features

Artificial Intelligence driven
Integrates blockchain technology to provide unique identities for each node.

Blockchain based
Every node has its own token. You can earn tokens by doing work.

Security from ground up
Security system to address issues around blockchain ecosystem and more.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : DEEP
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 15,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :8,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :200,000,000 DEEP
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :80,000,000 DEEP
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    Unsold tokens will be burned after the ICO.

      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Active
      10 Sep 07:00 UTC
      0.25 USD 25% - Uncapped Uncapped
      • Team

        • Max Rye photo
          Max Rye
          Chief Executive Officer
        • Geeta Chauhan photo
          Geeta Chauhan
          Chief Technology Officer
        • Joseph Vargas photo
          Joseph Vargas
          Principal AI/Cloud Architect
        • Miroslav Sala photo
          Miroslav Sala
          Chief Marketing Officer
        • Felix Castro Rodriguez photo
          Felix Castro Rodriguez
          Head of Development Team South America Region
        • Benson Leung photo
          Benson Leung
          Project Management Director
        • Darryl Lo photo
          Darryl Lo
          Business Development Manager
        • Derin Karim photo
          Derin Karim
          Head of Community Management
        • Maged Eljazzar photo
          Maged Eljazzar
          Head of AI/ML Engineering
        • David Mendieta photo
          David Mendieta
          Full Stack developer
        • Yurii Oleksyshyn photo
          Yurii Oleksyshyn
          Senior Blockchain developer
      • Advisors

        • Hitters Xu
          Blockchain Advisor, Founder & CEO of Nebulas
        • Vishwas Manral
          Security Advisor, Founder & CEO Nano Sec
        • Ahmed Sayed
          AI/ Cloud Computing and Networking Advisor
        • Hengky Susanto
          Cloud Computing and Network Advisor

      Roadmap

      • Jul 2017

        Founders started scratching initial idea, formulating how AI and Blockchain can realize the decentralized cloud.

      • Nov 2017

        DeepCloud AI was founded.

      • Apr 2018

        First Whitepaper Published.

      • May 2018
        • Platform design and architecture in works. Whitepaper refined based on detail platform designs
        • MVP design and development started for DeepCloud AI fabric.
      • Q3 2018
        • Platform design is final and Teams are assembled for support full scale development / test rollout.
        • Agile development best practices implemented like continuous integration and testing, Chaos Monkey for break testing.
        • Strategic Global development team placement to ensure around the clock development / testing / support cycles.
      • Q4 2018

        DeepCloud AI fabric support for web applications running effectively.

      • Q2 2019

        Global partnership to demonstrate dApps working global locations. Application marketplace launch.

      • Q3 2019

        DeepCloud AI expands system resiliency to support enterprise customers. Test applications will be developed and showcased for Enterprises customers for IoT space to demonstrate the capabilities of DeepCloud AI.

      • Q4 2019 and Beyond
        • DeepCloud AI will start investing in research and development of developer community and ecosystem where DAP developers will be encouraged to design and build decentralized applications.
        • Foundation formation to support / encourage new enthusiast participants. Given back to the community concept will be chartered to make sure the sustainability of DeepCloud AI is ensured.

      Activity