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Author Topic: Unlocking Innovation: Exploring PrivateAI's Distinctive Features and token.  (Read 101 times)
PROXYMAXUS1 (OP)
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April 08, 2024, 01:41:50 AM
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PrivateAI specializes in harnessing the capabilities of AI to revolutionize knowledge discovery. With advanced knowledge graphs and neural network-based algorithms, they provide dynamic and interconnected representations of data, enabling intuitive exploration and identification of complex relationships across research domains. The platform should seamlessly integrate diverse databases, facilitating comprehensive cross-database searches and uncovering valuable insights hidden within data silos

The goals seem to be driving groundbreaking discoveries and innovations across various sectors. From medication discovery to genetic research and space exploration, The AI-driven solutions are instrumental in accelerating scientific progress. They empower researchers to decode complex genetic data, simulate space missions, and advance longevity research, fostering breakthroughs that reshape the world.

The platform provides Protection of intellectual property with advanced AI algorithms, they will unlock the full potential of information while safeguarding innovations. The peer-to-peer data sharing environment fosters collaboration, allowing researchers to securely share data, insights, and breakthroughs. The platform streamlines intellectual property management, building robust IP clusters to ensure innovations remain protected and profitable. 

Due to the adaptable structure of the company, PrivateAI seamlessly embraces new insights and innovations in AI without hindrance. Here are some unique features they will implement or have implemented that set them apart from competitors:

-Incentives: To encourage content contribution, users will earn bonus points for each unique article uploaded to the platform. Currenly in test fase but in the future you can exchange them for rewards Another incentive is the Treasury, a special reward pool dedicated to the platform's most active users. This transparent system publicly displays rewards accumulated by active users, aiming to further incentivize engagement and participation.
-Collaboration: The rich data offerings from OpenAI hold immense potential for various industries, including data aggregators, search engines, AI-driven chatbots, article databases, and beyond. This collaborative approach not only fosters cooperation and platform development but also attracts new community members, enhances marketing efforts, and creates monetization opportunities

-Interaction: The likes and dislikes function enables users to rate published articles, empowering the community to identify and flag inappropriate content. Additionally, the yet to be released comment system facilitates discussions among users, allowing them to engage with article authors, question content, and share personal insights.
-Encryption: They will add additional encryption layers and distributed data storage to enhance protection.Users will be incentivized to participate in this process for rewards. Strict access controls limit data access to authorized personnel, following the principle of data minimization for reduced risk. Encryption at rest and in transit ensures data remains unreadable without proper decryption keys, reinforcing our commitment to data security.

-Blockchain elements: A cutting-edge fusion of knowledge graph technology and blockchain integration. The forthcoming system will seamlessly merge the power of a knowledge graph with the security and transparency of blockchain. While specific blockchain functionalities are still being fine-tuned, here are some anticipated features: a proprietary Native PrivateAI token, onchain data possession proofs, community governance directly on the blockchain platform.

-Community interaction: This is integral to the project's progression. PrivateAI will be engaging with the community to collect feedback, gather insights, and integrate diverse perspectives into the solution. To encourage participation, They will introduce a reward system incentivizing users to label and contribute data. High-quality labeled data is vital for training the AI, ensuring the efficacy of the system.

-Decentralized Autonomous Organization: A DAO enable groups to autonomously manage their data. Through decentralization and transparency, DAOs foster collective decision-making while ensuring integrity and security. Leveraging blockchain technology, they streamline operations and facilitate global collaboration.

-Private AI model: Using there gathered datasets, PrivateAI will builds it's own model to tackle specific challenges like FHE compatibility, document-level relation extraction, and domain-specific data processing. This model will learn from data patterns, making accurate predictions and extracting file structures graphically. Throughout implementation, They will refine the model iteratively for better performance, ensuring it meets project goals.

Here are other further project advancements that will help to achieve the main project goals:
-Synthetic data creation: The platform will empower users to generate synthetic datasets tailored to their specific needs. By offering tools for synthetic data creation, OpenAI expands there data marketplace's potential. Users gain access to a diverse array of data options, spanning real-world datasets and synthetics. This not only broadens data availability but also addresses privacy concerns. Synthetic datasets allow for collaboration and data sharing without compromising sensitive information, catering to organizations and individuals navigating privacy regulations.

-Global knowledge integration: They will unify databases from various DAOs and knowledge domains, forming a cohesive global knowledge database. This integration process yields a comprehensive repository teeming with insights and perspectives, enriching decision-making and problem-solving capabilities. Moreover, it fosters holistic solutions and spurs innovation by unveiling connections and novel approaches to complex issues. By facilitating collaboration and cross-pollination of ideas, the platform drives the creation of innovative solutions previously unattainable within individual databases.

-Federated learning: This is a distributed machine learning technique, that enables multiple parties to jointly train a shared model without divulging raw data. This approach addresses privacy concerns by maintaining data locally on each participant's device or server, while only sharing and aggregating model updates. Leveraging federated learning enhances the model's performance while safeguarding data privacy. Each group can contribute encrypted data for training, and the encrypted model updates can be aggregated to refine the global model.

The most important part for this forum is, of course, the Tokenology:

PrivateAI's token issuance, known as PGPT, has an initial issuance of 100,000,000 tokens. The price for the Strategic & KoL Round is set at 0.298 USDT per PGPT, while on Launchpads, the price is 0.333 USDT per PGPT. Additionally, 4,500,000 PGPT will be issued for liquidity upon listing. At launch, the circulating market cap is estimated to be 1,485,000 USDT, with a fully diluted value of 29,800,000 USDT at the Strategic Round and 33,300,000 USDT at launch. It's important to note that the Strategic & KoL Round may or may not occur, or it may only be partially filled.

Sales & Cryptoeconomic Mechanics:

PrivateAI has outlined various sources of revenue, including AIaaS subscriptions, a privacy-focused AI dApp marketplace, custom enterprise solutions, IP/datasets resale, encryption/decryption services, staking PGPT, and potential on-chain private transfer fees (TBC). A portion of revenue from each source will go towards buying back and burning PGPT, contributing to its deflationary mechanism.

Token Allocation:

PrivateAI has allocated tokens to various categories, including Team Pool, Advisory Pool, Community Growth, B2B Sales, Integrations, Liquidity & Listings, Network Bootstrap, Legal, Admin, Charity (AI4good), Strategic&KoL, IDO/Launchpads, and PrivateAI Core Building. Each category has specific sub-categories with their respective unlock schedules, ranging from team and advisory allocations to liquidity provision, network bootstrap, legal expenses, and charitable initiatives. Strategic&KoL tokens have a unique vesting schedule, with a three-month cliff followed by linear vesting over ten months.


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