Bitcoin Forum
August 14, 2020, 12:27:37 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 »  All
  Print  
Author Topic: [ANN][ICO] Gems Protocol - Decentralized Mechanical Turk  (Read 2847 times)
Granturismo777
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
January 06, 2018, 07:37:18 PM
 #1


WEBSITE - BLOG - TELEGRAM - TWITTER - FAQ - WHITEPAPER

GEMS PROTOCOL
Decentralized Mechanical Turk

                                      

INTRODUCTION
Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers.

Micro tasks are small tasks that require human judgment, can be completed independently over the internet, and are part of a larger unified project. Micro tasks aid organizations that need humans to complete tasks computers otherwise cannot. Micro tasks are used in a wide range of large scale distributions, whether by machine learning researchers to gather structured labeled data for training purposes, or by large companies, such as Facebook, Google, Twitter, Ebay, and Linkedin, to refine their production ready solutions and provide further model training. Billions of micro tasks are completed each year. The Chinese government alone uses 2 million micro task workers to aid in censoring the internet.

Unfortunately, the current centralized marketplaces are wrought with problems. Amazon charges requesters a minimum 20% fee on any amount paid out to workers and an additional 5% for requesting workers that have a good track record. Furthermore, tasks with 10 or more assignments are charged an additional 20% fee, totaling upwards of 40% in total fees. With over half of MTurkers reportedly earning less than $5 an hour, MTurk has been describe as the sweatshop of online crowdsourced labor. To use Crowdflower, on the mos basic plan requesters must pay a $3000 USD onboarding fee and $1500/month continuation
fee with an annual contract. This does not include payment to workers, which is paid separately. Furthermore, there is an additional 15% fee on any payments given to workers. Additionally, manually verifying the accuracy of results from workers is difficult. To ensure quality results, requesters currently rely on redundancy, oftentimes having 5-15 workers perform the same task to form a consensus. This is undoubtedly wasteful. Requesters pay 5-15x as much per project, and workers lose out on a potential increase in payment. Non-managed platforms do not supply interfaces needed to accomplish specific tasks. Currently,
requesters will either build their own tools or pay large fees to startups looking to tackle the enterprise market, wasting millions of dollars. Micro task workers also have issues with the system. The entirety of the labor pool does not have access to current micro task marketplaces. A staggering 38% of the world’s population does not have a bank account, hurting their ability to work in and contribute in current 4 systems.

Lastly, the signup and approval process for workers is nebulous and privacy invasive, leaving many wondering if they will even be able to contribute to this marketplace. The unofficial subreddit for workers on MTurk is riddled with users asking when they will be approved and many others offering condolences saying it may take months if ever.

The solution is Gems. In this paper we introduce Gems, a decentralized, open-sourced, human task crowdsourcing protocol built on top of the Ethereum blockchain. Using the Gems Protocol, anyone can tap into the power of scalable micro task workers without needing to worry about task verification, trust, or payments. Gems is designed to disincentivize malicious actors and reward fair players. The Gems Protocol is comprised of a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. The GEM token, a multi-utility token, fuels the Gems Protocol. Gems uses its token mechanism to enforce the behavior of all participants, instead of being regulated by a single operator. We further introduce the first application using the Gems Protocol, aptly named the Gems Platform. The Gems Platform connects those who want work done (henceforth known as “requesters”) and human workers (henceforth known as “miners”). By using the Gems Protocol, the Gems Platform removes socioeconomic barriers that exist in centralized alternatives (e.g. large fees, market inefficiencies, need for bank accountants, etc.). Anyone can build on top of the Gems Platform, creating “modules” that are interfaces for particular human tasks. The first module the Gems team will build focuses on labeling data for AI. In this paper, we describe the Gems Protocol, the GEM token mechanism, the current problem with existing platforms, the Gems Platform, and the reasons we initially focus on AI tasks. The Gems Protocol, Gems Platforms, and modules built on top of it are collectively known as the Gems Network.

In summary, the Gems Network addresses the following:
1. Removing the middleman taking a large fee
2. Verifying accuracy of results from crowdsourced tasks
3. Supplying and building reusable interfaces
4. Removing the need for existing banking infrastructure
5. Properly incentivizing and disincentivizing miners and requesters


TEAM
1597364857
Hero Member
*
Offline Offline

Posts: 1597364857

View Profile Personal Message (Offline)

Ignore
1597364857
Reply with quote  #2

1597364857
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1597364857
Hero Member
*
Offline Offline

Posts: 1597364857

View Profile Personal Message (Offline)

Ignore
1597364857
Reply with quote  #2

1597364857
Report to moderator
1597364857
Hero Member
*
Offline Offline

Posts: 1597364857

View Profile Personal Message (Offline)

Ignore
1597364857
Reply with quote  #2

1597364857
Report to moderator
1597364857
Hero Member
*
Offline Offline

Posts: 1597364857

View Profile Personal Message (Offline)

Ignore
1597364857
Reply with quote  #2

1597364857
Report to moderator
Shurlz
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
January 07, 2018, 03:20:10 AM
 #2

Love this project, Hope to get into the whitelist. Will get even more attention once more details arise.
SeveralQ
Member
**
Offline Offline

Activity: 182
Merit: 11


View Profile
January 07, 2018, 03:28:15 AM
 #3

Hi everyone! Just added Gems ICO to my website https://concourseq.io/Q/Gems. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
krypt0n1
Full Member
***
Offline Offline

Activity: 238
Merit: 100


🔵 Brickblock.io - Future of Stock Trading


View Profile
January 07, 2018, 09:58:31 PM
 #4

Very excited for the road map. The team seems to developing/expanding at a very impressive pace!

Here is the first Q1 roadmap: https://blog.gems.org/gems-quarter-1-roadmap-bb35bb49fbe9

ChaosGen
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
January 08, 2018, 12:36:55 AM
 #5

Could someone please explain me the following?

I've read the whitepaper and everywhere throughout it there is a talk about removing the redundancy that exists in current centralized solutions.  And that the work of a worker will be verified only with some probability.

But as far as I understand, the redundancy plays important role in establishing the solution's accuracy which is close to 100% in redundant case.

I mean, if the work is performed by a single worker then the human factor plays a big role. Even the big specialist will make mistakes time after time. A mediocre specialist might make mistakes say 3-5% of the time. And given that the verification of their work is probabilistic, most of the unintented mistakes will be presented to requester as a proper answer (which is not).

On the other hand, the redundant systems don't have such a problem.

Am I getting something wrong?

ChaosGen
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
January 08, 2018, 01:10:16 AM
 #6

Another question that is not clear.

Here's the image from the whitepaper:
https://gyazo.com/843418524494e99ae38c6c91776de773

So the whitepaper's writer claims that is is impossible to sign up as a worker @ CrowdFlower. Where did this claim come from?

I was able to register as a worker in 10 minutes. And in another 20 minutes I've made my first 0.04$.
officebuilding
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
January 08, 2018, 01:23:50 AM
 #7

I joined the mailing list; the pre-alpha demo looks interesting, looking forward to a live demo and updates!
Continentaller
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
January 08, 2018, 04:13:00 AM
 #8

Nice project, think its next top10 coin, its really useful.
seneinbee
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
January 08, 2018, 05:14:47 AM
 #9

Nice project, I just submitted the form for the Gems Community Program. I look forward for some news.
maxinamum
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
January 08, 2018, 07:18:39 AM
 #10

to submit the whitelist you need to join gems telegram group here: https://t.me/gemsorg and open the form on the pinned message. Get on the train before it's too late. Today is the last day of the whitelist.
khoa2271995
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
January 08, 2018, 07:40:44 AM
 #11

This is potential ICO in 2018. I try to not miss it  Smiley
DikkieD
Member
**
Offline Offline

Activity: 476
Merit: 22


View Profile
January 08, 2018, 09:25:52 AM
 #12

I am anxious to find out how big this will be. It definitely caught my attention.

neff310
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
January 08, 2018, 10:34:24 AM
 #13

Just read the whitepaper and definitely interested. Seems promising.
TerrorFromTheDeep
Full Member
***
Offline Offline

Activity: 326
Merit: 100



View Profile
January 08, 2018, 10:41:27 AM
 #14

Only two brothers in the team? Will be it  enough for realisation of such project? Background of founders looks very promising for me, but I not able to buy this tokens.

Do you have bounty programm?
badgalmae
Full Member
***
Offline Offline

Activity: 168
Merit: 100



View Profile
January 08, 2018, 10:44:12 AM
 #15

Hm, sounds promising. can't wait to hear more. Smiley
neff310
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
January 08, 2018, 11:04:22 AM
 #16

Is there a bounty program? I can do translations if needed. I'm fluent in Spanish, Italian, Serbo-Croatian, Swedish, and Portuguese.
stasik201330
Member
**
Offline Offline

Activity: 476
Merit: 10


View Profile
January 08, 2018, 11:09:11 AM
 #17

This project has been great from day one. The most organised and focused upcoming project. Goodluck team, i Join community and wait sale
BitcoreWhy
Member
**
Offline Offline

Activity: 77
Merit: 10


View Profile
January 08, 2018, 04:02:21 PM
 #18

When will start pre-sale ?
buiduydat
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 08, 2018, 09:04:56 PM
 #19

Hope this is a successful project. Kiss
crypt0heaven
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
January 08, 2018, 10:38:23 PM
 #20

Is there a bounty program for this project?
Pages: [1] 2 3 4 5 6 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!