Minggu, 05 September 2021

Genius | Fast DAG based crypto token.

 Genius | Fast DAG based crypto token.


Introduction:

Every day, more advanced technologies emerge across the business landscape. They bring innovation and disruption that continue to drive growth. Over the past few years, cloud service providers have helped businesses transform their extensive processes. Cloud solutions are a powerful industry that is rapidly maturing and becoming mainstream. But over time technology advances and developers need better tools and methods to handle the additional processing required for high volume data processing, which has increased the need for advanced computing and performance. Although cloud computing resources can support global applications, the centralized architecture introduces scalability problems.

Distributed computing solves the problem of scalability by spreading the demand for compute processes across multiple high-powered machines. To solve this problem, Genius Ventures is here.


What is Genius Ventures?

The Genius Ventures system infrastructure functions as a distributed multipurpose service with a cryptographic payment system that allocates computing resources and integrates them into real-world projects.

Genius Ventures leverages the unused Computing Device cycle on computers, mobile devices and IoT devices, the system processes Artificial Intelligence and Machine Learning data on end-user devices. End users are then paid in Genius Crytpotokens which can be reused for In-App purchases or converted back to another currency. In addition, the entire system is easily integrated into Computer and mobile games and applications.

Purpose of Genius Ventures:

Genius Ventures seeks to deploy a scalable, high-performance, secure and manageable infrastructure side chain that promotes a new form of distributed management, encompassing key leaders in the compute, big data, and cloud industries.

Genius Ventures aims to provide systems and methods for distributed general purpose computing with crypto token payment systems. This payment system integrates a slow blockchain crypto token with a fast DAG based crypto token. This technology is based on Ethereum’s “Genius Token” smart contract and enables the creation of a virtual cloud infrastructure that provides high-performance computing services on demand.

What are the features offered by Genius:

Works anywhere: Code and SDK (Software Development Kit) works on all devices, including Windows, OSX, iOS, Android, Linux, Windows Mobile, XBOX, Playstation, Nintendo, and IoT Devices

Customizable: AI or Machine learning algorithm can be selected by customer via customer portal and data can be uploaded or on customer secure server

Fast: The hybrid Cryptotoken system uses a fast internal Directed Acyclic Graph (DAG) based blockchain that executes transactions in microseconds.

Always available: stand-alone applications, embedded systems, or games with integrated SDKs can perform processing.

Organic: Growth is organic in two ways. User Acquisition Fees are almost zero and Users are paid to process the data, thus attracting them to use your game or app more often.

Mobile-first: Development SDKs (Software Development Kits) are targeted at Mobile devices first and use computing devices on any system.


How Does Genius Ventures Work?

Transaction: Customer requests data processing for Artificial Intelligence or Machine Learning and pays to an account that converts currency into Genius Tokens. The customer then uploads or references the data for processing.

Data Transfer: The data to be processed is uploaded to an encrypted area in a distributed file system. As part of the transaction, a storage fee is charged to the deposit. If the customer has storage for their own data then the system data via SSL secure transactions with the customer’s SSL public key

AI Processing: Using a distributed network system, transactions are communicated to participants who install games and or applications that can process AI Data. Workloads are divided and distributed to individual nodes for processing either in standalone applications or while running games.

Validate and Add: After processing, all nodes report back results to a fast blockchain which aggregates the result data and verifies that the nodes are not cheating the system. Data is verified by node parity verification and encryption verification. The data is then stored in a distributed file system or returned to the customer data storage area.

Complete: Once the data is validated, the completed transaction is sent to the main blockchain. Blockchain moves payments in Genius tokens from an escrow that is ready to be distributed to each node that processes data

Payment: After the process is complete, the blockchain contract then distributes 70% of Genius tokens to all wallets of each node. App or game publishers will then receive 20% with Genius Ventures receiving 10%. Users can convert tokens to regular currency or use them for in-app purchases.

What is Token Genius (GNUS)?

The Genius Token is at the Heart of the Genius Ecosystem. Genius Token (GNUS) is an Ethereum-based cryptocurrency

To use the AI/ML services offered by Genius Ventures, you need to make a payment via GNUS token. Payments for services are converted into Genius Tokens. These tokens during the data processing below are distributed as follows:

70% of GNUS will be distributed to people who play the game and give their computing power to help data processing.

20% will be given to the publisher who launched the game or application that was played during data processing.

Genius Ventures receives the last 10%.

Players who earn Genius Tokens can convert them to other cryptocurrencies or use them to make in-app purchases.

Token Sale:


GNUS is not listed on major exchanges at the moment, but you can earn tokens on Uniswap

Roadmap:


Conclusion:

Genius features games and apps that can process AI data using blockchain. Each person who installs a game or application is an individual node, which provides computing power to support AI/ML technology. In other words, your data will be processed by AI/ML, supported by thousands of people having fun while playing games. They are developing a strong economy in the field of data processing using AI/ML which will provide income opportunities for ordinary users by leveraging their Mobile, PC, Play Station and IoT devices.

For more information, Please visit the link below:

Website: https://www.gnus.ai/

Linkedin: https://www.linkedin.com/company/geniusventuresio

facebook: https://www.facebook.com/geniusventures.io/

Telegram: https://t.me/geniustokenschat

Twitter: https://twitter.com/VenturesGenius

Author:

Bitcointalk Username:Gambangcity

Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1855982

Telegram Username:@Gambangcity

ETH Wallet Address: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072

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