Overview

Nebula AI Chain is a decentralized blockchain integrated with Artificial intelligence and sharing economics.

Project stage

Beta version

Detailed description

The blockchain technology provides a digital trust mechanism for human beings which enhances the efficiency of value exchange and reduces costs, the genuinely credible and efficient Internet of Value is approaching. 

In recent years, many breakthroughs have been made in the field of artificial intelligence, and artificial intelligence has now penetrated every corner of human society and will become an essential cornerstone of change in human society. Nebula AI is committed to building a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.

Nebula AI also allows the GPU miners to contribute their GPU hash power to the AI computing which bring extra social benefits to society. This invention allows Nebula AI compete with the pricing of Amazon and Google cloud computing services.

Problem

Highly Centralized
Google and Amazon have started to provide cloud services of artificial intelligence computing. However, as single-commerce companies, they could stop providing the service at any time, given special circumstances, which are based on their own interests and the pressure of, for instance, governments and other organizations. For example, Google was banned by the Chinese government, leaving Chinese users unable to utilize their services.

Data Privacy Security
Although centralized companies have various security agreements, it is still difficult for companies to ensure data privacy when faced with internal leaks. Also, when the government requests for data, the centralized company is limited to geographical restrictions of the host country, leaving the only option to cooperate with the government and transfer ownership of the data. As a result, users’ data security cannot be 100% guaranteed.

Maintenance Costs
The maintenance of a centralized computing center will cost heavily on the workforce. Thus, the use of blockchain micropayments makes it easier to pay for maintenance and allows anyone to lend their computing power. The shared economy model dramatically reduces maintenance workforce costs as well as computing costs.

Hash Calculation Efficiency
Currently Ethereum, Zcash and other GPU PoW consume a lot of power and hash computing. The computing power of these GPUs can be used for AI calculations, rather than simply being used as PoW.

Solution

In order to improve the status quo of the current centralized cloud computing ecosystem, Nebula intends to utilize the decentralization of blockchain technology to rent and distribute the computing power of artificial intelligence machines globally. Blockchain encryption technology efficiently avoids the problem of internal leakage and the maintenance of distributed AI calculation units is handed over to the owners of various AI calculation units, which considerably reduces the workload of maintenance. Overall goal was splited into the following sub-goals:

Shared AI Computing Platform
The shared AI computing device platform will address the unbalanced demand between consumers and suppliers of AI devices. Suppliers of AI computing devices are unable to use 100% of their computing power, which leads to some computing resources being idle.

AI Physical Computing Units 

A large number of GPU computing mining machines can be converted into AI computing units, from simple hash calculations into more meaningful AI task calculations.

Decentralized AI Applications
Decentralized AI Applications system requires a corresponding interface for DAI App programmers to invoke conveniently and use the platform’s computing power. It includes the payment API, computing capacity estimation API and work estimation API, etc., in order to speed up the development of AI applications.

Integrated IPFS Distributed Storage
Decentralized applications require distributed file storage systems to store data. An option is the IPFS (Inter-Planetary File System) storage system to replace the traditional centralized cloud storage or local file storage, in order to achieve better distributed storage.

AI Engineer Training Center 

Nebula AI will establish a systematic artificial intelligence training center to provide practical knowledge in the field of artificial intelligence. Engineers gradually create and train artificial intelligence models in product design through system learning and project operations.

Features

Shared AI Computing Platform
The shared AI computing device platform will address the unbalanced demand between consumers and suppliers of AI devices. Suppliers of AI computing devices are unable to use 100% of their computing power, which leads to some computing resources being idle. On the other hand, a large number of users who require the computing power of AI cannot obtain economical and efficient AI computing resources. Peer-to-peer payment in blockchain technology, as well as blockchain ledger technology, enable shared AI computing to be paid and shared in the most convenient way. 

AI Physical Computing Units
A large number of GPU computing mining machines can be converted into AI computing units, from simple hash calculations into more meaningful AI task calculations. Due to the particularity of AI calculations, it is necessary to pre-install the specified system and regularly update the client, including the ledger system, in order to play hardware performance better and share AI computing power. 

Decentralized AI Applications
Decentralized AI Applications system requires a corresponding interface for DAI App programmers to invoke conveniently and use the platform’s computing power. It includes the payment API, computing capacity estimation API and work estimation API, etc., in order to speed up the development of AI applications. 

Integrated IPFS Distributed Storage
Decentralized applications require distributed file storage systems to store data. An option is the IPFS (Inter-Planetary File System) storage system to replace the traditional centralized cloud storage or local file storage, in order to achieve better distributed storage. IPFS is a protocol and eponymous network designed to create a content-addressable, peer-topeer method of storing and sharing hypermedia in a distributed file system. The nodes in the IPFS network will form a distributed file system. Most of the future IPFS will use cross-chain service. Please read the section of Cross-chain Service Usage to learn more about cross-chain technology. 

AI Engineer Training Center
Nebula AI will establish a systematic artificial intelligence training center to provide practical knowledge in the field of artificial intelligence. Engineers gradually create and train artificial intelligence models in product design through system learning and project operations. We are dedicated to disseminating the latest applications and knowledge in the AI industry and developing and delivering outstanding AI talents. 

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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. : NBAI
    • 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. : 30,000 ETH
    • 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. :5,000 ETH
    • 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. :6,700,000,000 NBAI
    • 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. :3,015,000,000 NBAI
    • 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 Closed
    • 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

    Apr 28, 2018

    Unsold tokens

    Will be completely destroyed.

      • Token Distribution

          Vesting notes

          • Foundation: Will be frozen after crowdfunding ends and are released in 18 stages (across a time period of approximately 3 years), every 60 days for a cycle, and 1/18 of the foundation holdings will be released each time.

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public sale — Ended
    01 Apr 00:00 UTC
    21 Apr 04:59 UTC
    0.00001 ETH No 0.1 ETH - 50 ETH 5,000 ETH 12,000 ETH
    Private sale — Ended
    22 Jan 00:00 UTC
    30 Mar 00:00 UTC
    0.00001 ETH 30% 0.1 ETH - 50 ETH Uncapped 18,000 ETH
    • Team

      • Charles Cao photo
        Charles Cao
        Co-founder
      • Qinhui Lin photo
        Qinhui Lin
        CTO
      • Tengke Xiong photo
        Tengke Xiong
        AI Architect
      • Yanyan Li photo
        Yanyan Li
        CFO
      • Yanping Lu photo
        Yanping Lu
        AI Architect
      • Tony Pang photo
        Tony Pang
        Blockchain Developer
      • Ming Yue photo
        Ming Yue
        AI Developer
      • Richard Yan photo
        Richard Yan
        Senior Full Stack Developer
      • Alberto Lacerda photo
        Alberto Lacerda
        Front-End Developer
      • Chi Zhang photo
        Chi Zhang
        Blockchain Developer
      • Yue li photo
        Yue li
        Blockchain Developer
      • Hong Pang photo
        Hong Pang
        Python Developer
      • (Kris) Yi Cao photo
        (Kris) Yi Cao
        AI Developer
      • Xiao Jun Wen photo
        Xiao Jun Wen
        Front-End Developer
      • Sidi Shen photo
        Sidi Shen
        UI Designer
      • Ivan Nonveiller photo
        Ivan Nonveiller
        Marketing Analyst
      • Alecsa Tabisaura photo
        Alecsa Tabisaura
        UI Designer
      • Ke (Coco) Ma photo
        Ke (Coco) Ma
        Marketing Specialist
      • Bin Zhu photo
        Bin Zhu
        Big Data Advisor
    • Advisors

      • Louis Cleroux
        Blockchain Expert
      • Zhenhua Lin
        AI Advisor
      • Liu Yan
        Cloud Computing and Distributed Prof.
      • Xun Shi
        Blockchain Advisor
      • Yu Guan
        Blockchain Advisor
      • Douglas Leahey
        Business Development Consultant
      • Jake Barralet
        Advisor of Internship MITAC
      • Thomas Fevens
        Medical Imaging and Computer Vision Advisor
      • Alan (Xunhao) Li
        Blockchain Developer

    Roadmap

    • Q1 2017
      • Introducing the concept of hyperledger 
      • 1st Developers meet-up
    • Q3 2017
      • Development of AI project - DAI 
      • APP (Decentalized AI Application)
    • Q1 2018
      • ICO
      • Pre-releasing of Helix testnet<
    • Q3 2018
      • Releasing on Helix public chain
      • Introducing the first DAI APP
      • Introducing the Orion prototype chain
      • Development of Orion
    • Q1 2019

      Pre-releasing of Orion Testnet

    • Q3 2019

      Deployment of 10 DAI APP on Orion

    • Q1 2020

      Deployment of 50 DAI APP on Orion

    • Q3 2020

      Deployment of 500 DAI APP on Orion

    Activity