Thursday March 04, 2021
Bitcoin (BTC) $50,057.00   Ether (ETH) $1,567.74
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Token Offerings/Listings

Synapse AI – Decentralization and the Future of AI

Published by CryptoNinjas.net
02/07/2018
Synapse AI – Decentralization and the Future of AI

Artificial Intelligence (AI) and Machine Learning (ML) are buzzwords that can be found in almost every tech conversation these days, and that is not going to end anytime soon. Synapse AI, led by a supercharged team, is paving the way to bring AI into the mainstream and blockchain technology is helping them bridge the gap.

Dan Gailey, CEO of Synapse AI, is working tirelessly to educate the masses on the power of AI, and he is creating a platform that rewards people and businesses for their valuable data.

Synapse AI is building decentralized marketplaces where participants will be rewarded for contributing data. Synapse AI’s “SYN” utility token facilitates these economies between participants by transferring value to them. This accelerates a system that grows beyond the means of the capacity of any one single company or organization.

By opening this data and using machine learning models through decentralized marketplace formats on the blockchain, and by tokenizing contributors, Synapse AI aims to create syndicates that provide the greatest benefit to users everywhere.

Dan Gailey, CEO of Synapse AI, creates marketplaces that reward people and businesses for their data.

“We’ve gotten so used to giving away our data for free – and regularly,” Synapse AI CEO Dan Gailey said. “We upload and tag photos, we share our location, we provide access to our purchase histories – all for free. But that’s neither fair nor sustainable. The future will be built on a fair and balanced intelligence available to all equally, by utilizing newly created AI economies that any agent can participate in and receive some reward for doing so.”

As we go through our daily routines, interacting with our mobile devices and other computers, we provide valuable data to the corporations and entities running the apps we use. The data they collect from our interactions and activities helps train their “machines” to operate more efficiently and profitably.

In the Synapse AI whitepaper, the team lays out their plan to “create the world’s network of global-scale intelligence gatherers, trainers, processors, and contractors that all other agents can access at any time. This accelerates a system that grows beyond the means of any single company’s capacity.”

The new AI economies will be made up of two groups of players: data sellers – any entity that creates data; and data purchasers – businesses or other organizations that want to use data to grow.

To strengthen and advance the AI community set to build this future, Synapse AI hosted the Decentralized AI Summit 2018 on Feb. 1 in San Francisco. Leaders from Google, IBM Watson, Slack, and other leading companies discussed the path forward on AI economies and how they will improve our lives.

Synapse AI recently announced the details of Tiers II and III of its ongoing token sale. Tier II is now live and runs through March 3. Tier III will open on April 2 and close on May 7.

The soft cap of the token sale is $1.5 million USD, and the hard cap is $ 6 million USD. The total supply of “SYN” tokens will be limited to one billion, with 33 percent of all of the tokens available for purchase during the token sale.

The token sale’s Tier III is scheduled to close on May 7, and the release of the SYN token is expected later in Spring 2018.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockchain Technology

Bitfury Group announces partnership to develop AI healthcare blockchain solutions

08/13/2017
Bitfury launches enterprise Bitcoin-anchored blockchain software framework
Featured

Bitfury launches enterprise Bitcoin-anchored blockchain software framework

07/17/2017
Capital Raising

Blockchain Luxembourg S.A announces record-setting Series B

06/22/2017
Wallets

Buying bitcoin now enabled for Blockchain wallets on iOS

05/11/2017
Vendor Technology

Exscudo set for Q2 launch of blockchain wallet and secure messenger app

03/14/2017
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
CasinoCoin to migrate to XRP Ledger amidst rebranding

CasinoCoin to migrate to XRP Ledger amidst rebranding

03/01/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

03/02/2021
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Crypto exchange BiKi cooperates with Hacken on security test

Crypto exchange BiKi cooperates with Hacken on security test

03/02/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version