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Note: Youtube thumbnail image above
Lampix is building the first blockchain based image mining network for augmented reality or any other computer vision systems, such as the Lampix device. We are creating a new blockchain that will hold {image, description} datasets of real world objects. This data is a vital prerequisite for augmented reality systems ranging from smartphones, wearable glasses, or our own Lampix device.
Lampix Device
Lampix is a hardware and software solution that transforms any flat surface into a smart, augmented reality surface, freeing human-computer interaction from digital screens. With an open source API, integrating both computer vision and artificial intelligence, developers can create applications and content that can interact with real world objects, movement, and even hands.
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Lampix Use-Cases
The restaurant use-case below is one of many possible applications for Lampix. To see more examples, visit our Youtube Page. Why would you want a Lampix?
The user can be free from digital screens, and use applications that could make their life easier and more enjoyable. For instance, imagine placing a few ingredients on your kitchen table and having a list of recipes pop-up, giving you recommendations you might have not thought of, and then providing step-by-step instructions for making a selected recipe. Even if you have dirty or wet hands, you can still use Lampix, without error. The applications for the lampix are only limited by imagination and data available. This is why we are creating the largest computer vision machine learning database for the advancement of augmented reality and artificial intelligence.
Lampix Database
The database is a tool every augmented and virtual reality developer can tap into for their own applications. Computer vision and machine learning are dependent on the availability of data that is curated and described. We want to meet this demand for data with the largest database composed of pictures with descriptions.
Lampix introduces picture mining
If you are a miner and would like to be rewarded for your contribution to a data ecosystem, then picture mining may be your next venture. With the use of a Lampix device or any other device with a camera, miners can take pictures of objects, write a description, and submit it to be verified. Once approved by multi-voter consensus, the dataset is then submitted to the database.
The cost of electricity is minimal
Most miners must worry about the variable cost of electricity, which is usually the biggest hurdle to obtaining an acceptable ROI. However, with picture mining, there is no proof-of-work mining needed to be done to reap rewards, instead the miner only needs to submit datasets.
Don't have a Lampix or a device with a camera? No problem, become a voter!
Another way to contribute to the data ecosystem is by voting on datasets. Voters can review pending datasets to make sure the description matches the picture. Once the dataset is approved by the network, voters aligned with the consensus of each dataset will be compensated.
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Read the Lampix Whitepaper with detailed description of the Lampix device, database, financials, and other essential information:
Do you have further questions? Read the Lampix FAQ sheet detailed with the Crowdsale & Token, database platform, Lampix device, financial model, and more:
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Lampix Design
Hardware:- Specifically placed LEDs
- Projector
- HD Camera
- Raspberry Pi 3 (for cloud computing)
Software:- Android-based software platform with APIs
- Ready-made apps
- Training app to streamline new object class learning
- Lampix "App Store"
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Database and Image Mining
To grow a database with over one billion datasets, we determined that the most effective approach is to use PIX tokens as a form of compensation for contribution. PIX tokens will be used to pay miners and voters for their contributions.
There are many modules used in the architecture of the Lampix device and database ecosystem. A few include the data storage database, gateway and data submission, and smart contract for voting module. A simplified version of how the modules interact within the ecosystem is displayed below.
Read the Lampix Whitepaper to get a more detailed explanation of the hardware, software, and Lampix ecosystem.
George Popescu
CEO at Lampix
George is an MIT alumni based in New York and has 3 Masters degrees in Computer Science and Electrical Engineer, 3D Printing, and Nanoscience. He was the founder of Boston Technologies (BT), the #1 fastest growing company in Boston in 2011. BT was also on the Inc 500/5000 list for 4 years in a row. He bootstrapped Boston Technologies up to $20 million in revenue and sold it in 2014. George has built and sold multiple companies.
Mihai Dumitrescu
CTO at Lampix
Mihai is the Founder and CTO of Rosoftlab, a research and development firm in computer vision, augmented reality and related mobile and web apps working for international customers, and the founder of VanillaNAV, an AR-based indoor navigation system. George and Mihai met as speakers in the backstage of TEDx Bucharest in 2013.
Joe Zhou
CEO & Co-Founder at Firstblood
Mentor at Babson GEIR
Mike Mazier
Crypto Developer, Serial Entrepreneur
Merrill Lynch, Columbia University -
Columbia Business School
Catherine Barba
Serial Entrepreneur with multiple
exits focused on retail technology
Lior Zysman
Legal Advisor ZAG-S&W /Blockchain Projects
Tel Aviv University
Rich Alterman
EVP Business Development at GDS Link, LLC
35 Years of Corporate Finance Experience
Boston University Questrom School of Business
Gilad Woltsovitch
Serial Entrepreneur
Founder of Israeli Ethereum Group
Daniel Temkin
Co-Founder at FirstBlood Technologies, Inc.
Boston University School of Law, Concentration
in Intellectual Property Law with Honors
Simon Leger
Professional Crypto-trader and Market Maker
Previously at BNP Paribas, Forex Division
M.S. Financial Mathematics, M.S. Applied Mathematics
from NYU and ENSAE in France Respectively
Pavel Kapelnikov
Serial Entrepreneur and Angel Investor
Lenny Valdberg
President and Co-Founder of Vigo Industries,
Serial Entrepreneur
Brooklyn College, B.S. Computer Science
Igor Kapelnikov
CTO at CTC Transportation Insurance Services
CEO at Global Forwarding Enterprises, LLC
B.S. in Economics, Rutgers University
The Crowdsale Token, ‘PIX’, is a key component to fulfilling our vision of freeing the human-computer interaction from the digital screen and building the largest computer vision machine learning database for augmented reality and artificial intelligence.
Pix Token Usage
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Crowdsale Token Launch
PIX will be issued on the Ethereum blockchain and distributed via a smart contract. Participants interested in the crowdsale will have to send Ether to a specified Ethereum smart contract address, which will create PIX tokens at the current PIX/ETH exchange rate.
Funds Allocation:Total: 1,100,000,000 PIX tokens will be created
Issued: 550,000,000 PIX tokens (50%) will be issued and the coins not sold will be burned
Company/Team: 220,000,000 PIX tokens (20%) will be allocated to the team
The tokens set aside for the team will be released at the end of each period:
- 25% will be available at the same time as the public, roughly 1 month after the crowdsale
- 25% will be locked for 12 months
- 25% will be locked for 24 months
- 25% will be locked for 36 months
Reserved: 330,000,000 PIX tokens (30%)
The tokens set in reserve (20% total) will be released at the end of each period:
- 25% will be available at the same time as the public, roughly 1 month after the crowdsale
- 25% will be locked for 12 months
- 25% will be locked for 24 months
- 25% will be locked for 36 months
At each release of tokens:
- 30% will be used for data acquisition costs, development, marketing, and other corporate needs
- 50% will be allocated to acquire other companies, patent and IP needs
- 10% will be allocated to external partners if needed
- 10% will be distributed to all PIX token holders (air drop) proportionally to their holdings at the time of the event in PIX tokens
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Crowdsale Token Launch Breakdown
We are selling 550,000,000 PIX tokens over a 10 day period with a price of $0.12 per a PIX token during the crowdsale.
Launch Date
We plan to have the Crowdsale Token Launch begin on August 9, 2017 through August 18, 2017.
More Information
You can read more about the Lampix Crowdsale Token Launch details and financials starting on page 45 to 52 in the
Whitepaper.
Escrow?
The distribution of tokens will be handled by a smart contract. The smart contract will be audited beforehand to make sure the distribution process is smooth.
Further Questions?
If you have any further questions, please feel free to ask us directly at our Lampix Project Slack Team. Click Here for an invite. Quoting for the team. I'll be managing a small signature campaign soon for them as well. Funds already confirmed
