DeepBrain Chain Announced The Commencement of its AIM Stations Pre-Sale
By: DeepBrain Chain
DeepBrain Chain AI Mining (AIM) Machines are fully functional AI servers, as well as unique AI cryptocurrency mining platforms. They are optimized for both AI computing and DBC mining. While the participation in the DBC network enables them to mine as a reward, the DBC token economy also enables the novel business model which reduces the overall cost structure of all parties involved as they leverage available computing or storage resources over the distributed network.
This product solves two issues：
• Mainstream cryptocurrencies that use PoW consensus mechanism consume massive energy to mine while producing no additional value beyond the mining. DeepBrain Chain's AIM machines target the untapped computing resources to reduce the cost of increasing demand of AI deep learning & machine learning needs, meanwhile both incorporating and addressing those resources for deep learning workloads.
• With blockchain technology, a miner receives incentive via token rewards for participation in the community. In addition, they benefit from allocating their AI computing resource for partners to train AI models.
Miners will be responsible for the operation and maintenance of these machines. They will mine in exchange for rewards in the form of DBC. Partners with AI needs can also offer their idle AI machines to mine and receive DBC rewards, or buy computing power on DeepBrain Chain's platform at a significantly discounted rate. Ultimately, we envision that lower AI computing power and overall development costs will enable customers to deliver AI applications and products much cheaper and faster.
How does DeepBrain Chain mining work?
DeepBrain Chain has allocated 5 billion DBCs in total for mining reward, according to the DBC whitepaper. In the first 5 years, we will release 500 million DBC tokens yearly (then the amount will be cut in half every five years). These tokens will be distributed to three categories, namely 350 million DBC tokens for computing power rewards, 100 million for storage rewards, and 50 million for consensus nodes rewards.
DeepBrain Chain integrates blockchain technology in conjunction with parallel computing resources seeded globally. Based on AI computing demand, DeepBrain Chain will offer customized, distributed, and dynamic computing services. Upon completing the deep learning or machine learning training requests by petitioners, miners will profit from DBC (DeepBrain Chain token) as a reward. Meanwhile, blockchain computing mining will operate in the backgrounds with low overhead.
The pre-sale of DeepBrain Chain's AI miners is the first strategic milestone in the journey of building a revolutionary AI global platform and ecosystem based on blockchain. This gateway engenders a solid foundation for DBC's future distributed data marketplace, AI model marketplace and AI application marketplace that will be released in coordinated cadence following the MainNet go-live in Q4. Eventually, DBC will realize the goal of partnering enterprises with AI requirements or any company with AI needs to efficiently and securely share computing power, data, and models. In turn, we will induce cost reduction in the marketplace and enable faster time-to-market for distributed AI applications.
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