[AIC Exchange] Register IDAX

Recently, AI Crypto is talking with great exchanges for listing and there are 2 fixed exchanges(as of July 16 2018).

One is new exchange NEXYBIT and the other is IDAX.

IDAX will open the deposit and withdrawal of AIC on August 29.

On August 30, AIC/ETH transactions will be opened.

This posting is guidance for investors who want to transact AIC on IDAX.

 

Step1. Enter IDAX https://www.idax.mn/#/

The exchange where AIC will be listed is IDAX no idex. Please check the site name.

Click ‘Register’ on the right side.

Step2. Write E-mail and click ‘Get Code’ below E-mail box.

Login the registered E-mail and check the code. Copy the code and paste it.

Write your password and tick off the agreement box and register.

(You don’t need to get Invite Code)

Step3. Verify your ID

Click your E-mail address on the main, you can enter User Center.

In the User Center, please click ID Verification tap.

Check ‘Other countries and regions’, choose your country and fill in the blanks

You can use Passport, Driver’s license and National ID Card but I used passport as an example.

After putting your information, please upload a photo of your passport.

Upload another picture with your face, passport and note which is written ‘IDAX, register year-month-date (ex. 2017,07.16)’.

Then you are ready to transact AIC.

However, you need to check ‘Security Info’ to protect your investment.

I will introduce how to use Google OTP.

Step4. Using Google OTP

Click ‘Enable’ of Google Authentication in Account Settings tap.

 

Download Google OTP on your mobile.

Install the app and add the account.

You can add your account by scanning barcode or put the provided key on IDAX homepage.

Then the code will be generated like this.

You need to put the 6-digit code in Google Authentication, IDAX password in Login password and Submit.

This is register guidance for IDAX.

Recently AI Crypto is talking with top 10 exchanges and we will notice when listing is confirmed. Thank you.

 

Official Homepage : https://aicrypto.ai/

WhitePaper : https://aicrypto.ai/AIC_WhitePaper_Eng.pdf

Telegram : https://t.me/aicryptoai

AI Crypto FAQ

  1.     AI Crypto

1) What platform is AI Crypto?

2) Is there a planning step to implement the platform?

3) When can the participants register their computer and share computing power?

4) What can the participants do using AI Crypto’s resources?

5) Who will use AI Crypto?

6) Is AI Crypto competitive when large companies around the world offer AI APIs?

7) Is it better to provide computing power for AI development than for mining?

8) How can the participants get AIC on the AI Crypto platform? Do I mine?

9) What is PoV?

  1.     ICO

1)  When is the main sale?

2)  How much AIC is issued by ICO

3)  How many of AIC are for sale?

4)  I want to know AIC platform.

5)  What is public price of AIC?

6)  What is the minimum of ICO participation?

7)  How do I participate ICO?

8)  What is softcap?

9)  What is hardcap?

10)  Will unsold coin of the 3 billion AIC for sale be burnt?

11)  How does the additional issue proceed?

12)  When do I get the Bounty?

13)  How do I get the airdrop?

14)  When will I get the AIC I bought?

15)  When will AIC be listed on the exchange?

16)  Is there lock-up?

17)  I want to know custom token address.

 

  1.     AI Crypto

1) What platform is AI Crypto?

AI Crypto is a blockchain platform, providing Resources for development and being rewarded fairly. For AI development, there needs to be computing power, a machine learning program and data but these resources are expensive. Therefore, big companies that can afford to pay the expense have a monopoly on the resources. Every participant who take part in AI Crypto’s ecosystem provides their own resources and uses the resources on our platform. AIC is the rewarding method in our ecosystem. In AI Crypto’s platform, who provided what resources and how much and how did you get paid for it are recorded on blockchain when the participants develop AI. These record make the resources to be distributed fairly and to provide high quality resources.

2) Is there a planning step to implement the platform?

We have roadmap. WHITE PAPER ver1.0 released on March 2018, pre-sale was completed successfully and handed over softcap on May and ICO main-sale is live. On July, our MVP(Minimum Value Product) will be updated on our website-Github link. We will launch ‘Sapiens’ which provides resources and verify the resources on Ethereum platform on December. On June 2019, we will start our own platform ‘Creatura’ that provides advanced machine learning and form AI Society. The last stage is ‘Deus’ that shows crux solved platform. On December 2019, AI Crypto activate AI business and complete AO society.

3) When can the participants register their computer and share computing power?

It’s Creatura planned to be open at June 2019.

4) What can the participants do using AI Crypto’s resources?

AI Crypto provides a platform for user to be easy to make Ai services using complex AI model components without having professional programming knowledge. On AI Crypto, the users can develop various services for example, voice synthesis/recognition, AI Dialogue Analysis, Image Analysis and Autonomous vehicle etc. AI Crypto covers GPU, Data, Model and Trained AI and each resources will be used like these examples.

l  GPU: The idle computing power of the Internet café can be connected to the AI Crypto network and used for AI development.

l  Data: The users can use the SDK provided in the data collection stage to collect data and develop apps. For example, a common step counting app but developer receive an AIC by providing the record data.

l  Development App by using Trained Ai: When the users use Trained AI as an API or plug-in, they pay AIC as a fee. For example, the users develop a regional dialect recognition module, uses it for speech recognition in chat-bot and pays AIC for its usage fee.

5) Who will use AI Crypto?

AI resources have risk to be monopolized by small minority with large capital. If the resources needed for AI development were for large companies only, developing AI for small groups would be difficult. AI Crypto is a platform where start-up, researcher and developer can make AI services with reasonable price.

6) Is AI Crypto competitive when large companies around the world offer AI technology APIs?

It’s great that big companies can release their well-produced AI and make it affordable. There may not be competitive advantage for this universal AI utility. But when the users need to use rare data like regional dialects, we think we have a competitive advantage. AI Crypto is a project that was launched to solve the monopoly of AI technologies by large companies, including Google. We aim to facilitate the sharing of various AI resources within the AI Crypto ecosystem. Many users will use the general AI program made by those big companies but certain domains are our target, such as the untapped minority language and the type of player’s phone use. Later, Google, Amazon, Facebook, China, BAT will monopolize the AI field but it’s our real goa to bring some of that.

7) Is it better to provide computing power for AI development than for mining?

The users will participate in providing computing power when it is more profitable than traditional mining. We will work hard to become AIC of that value.

8) How can the participants get AIC on the AI Crypto platform? Do they mine?

Mining; PoW is a way of compensating coins when multiple nodes create a nonce that creates blocks by competing for calculations. However, in AI Crypto by adopting a proprietary method called PoV, when the users provide valuable resources, they will receive AIC.

9) What is PoV?

PoV is Proof of Value that is our independent blockchain agreement algorithm. It is different for other cryptocurrency algorithm, such as PoW, PoS or PoI, which is the way coins are issued.

l  Compensation Mechanism: In the PoW, the participants are rewarded for creating blocks but in the PoV, the participants are rewarded for providing valuable resources(Data, Dataset, Model, Trained AI, etc.) and taking part in value assessment process.

l  System: AI Crypto ecosystem is a structure that the users must evaluate the value when using the provided resources. Our system evaluates the resources according to the frequency of use and user evaluation. Therefore, resources that are not worth get low rate and can’t be compensated.

l  Generating Block: AI Crypto assigns the work to minimum nodes randomly and the nodes separated two parts. The one provides computing power and the other part generates blocks but the provider can’t know his computer is used for providing computing power or generating blocks. After generating blocks, the node randomly assigns another node as generator. The block generator will not be rewarded additional reward but get same compensation as power generator.

l  PoV AIC for compensation: After incineration, the additionally published AIC and network usage fees are gathered in the PoV pool and automatically distributed.

  1.     ICO

1) When is the main sale?

It’s from June 4 to July 30. ICO was originally scheduled to end on June 30, but it is also holding various activities such as road show to attract investors except for public sale and we are in positive discussions with institutional investors. The process took some more time to complete on June 30, forcing us to extend our sales period.

2) How much AIC is issued by ICO?

The initial plan was 10 billion AIC, but the reduction in the hardcap resulted in 8.000,000,000 AIC(8 billion AIC).

3) How many of AIC are for sale?

It was 500,000,000,000 AIC (5 billion AIC) before the hardcap was reduced, but it is 300,000,000 AIC (3 billion AIC) after the hardcap reduction.

4) I want to know AIC platform.

It is ERC20 based on Ethereum.

5) What is public price of AIC?

1ETH = 100,000AIC

6) What is the minimum of ICO participation?

0.1ETH

7) How do I join ICO?

After signing up for our website, please register the address of MyEtherWallet or metamask after passing KYC and send Ethereum to our main-sale address form your own wallet address you’ve registered.

8) What is softcap?

The minimum funding target for starting the development has already been reached with a 3,000 ETH.

9) What is hardcap?

The initial maximum funding target was 50,000, but we adjusted it to 30,000ETH.

10) Will unsold coin of the 3 billion AIC for sale be burnt?

YES.

11) How does the additional issue proceed?

AIC is paid through PoV approach, not PoW. When the AI Crypto platform is launched and the resources are shared, we will only compare the quantity of the released and distributed AIC within the AI ecosystem to compensate for this resource. So far, there are no plans to issue additional publications, and even if they are to be issued, the total volume of issuance will be adjusted within 10 billion AIC.

12) When do I get the Bounty?

The Bounty event was initially carried out and all are closed. The AIC received as a Bounty is transferred to the wallet registered on the website after the ICO shutdown (July 30, 2018). To be eligible for the Bounty, you must go through the KYC by July 30.

13) How do I get the airdrop?

The airdrop is a promotion event for the main sale and it is different from Bounty event. Randomly selected wallet in the whole world with history of transaction got AIC. If you win, you can find AIC in your wallet or on our official website MY AIC.

14) When will I get the AIC I bought?

Investors who participated in by June 29. 23:59 p.m. will receive AIC after June 30 and investors who participated after June 30 will be paid after July 30 (early August).

15) When will AIC be listed on the exchange?

Currently, we have two designated exchanges, IDAX and NEXYBIT, which allow you to list the coins on August 29 and start trading on the 30th. NE XYBIT will be listed after opening.

16) Is there lock-up?

There is no rock-up in the AIC you purchased, and there is a total 6 month rock-up period for bonus, Bounty, Air Drop, and team AIC. After three months, 50% of the locks are turned off, and then over three months, the remaining 50% of the rock-ups are turned off.

17) I want to know custom token address.

* Token Address: 0xa7a5c03399f4739f4afa934bb9053c992b53d7a2

* Token Symbol: AIC

* Decimals of Precision: 18

 

 

 

These are the questions that the official community of AI Crypto frequently asks about. For information not found in this FAQ, please contact us. The FAQ will be constantly updated.

July 5, 2018 updated

 

[Add Custom Token] How to register AIC

Hello! We transferred purchased AIC to your wallet you registered in our homepage on 30th June.

Then, this is how to add AIC in your wallet^^

[MyEtherWallet]

  1.     Login MyEtherWallet

After login, click ‘add custom token’ on the right side.

  1.     Enter AIC information

Token Address: 0xa7a5c03399f4739f4afa934bb9053c992b53d7a2

Token Symbol: AIC

Decimals of Precision: 18

3. Then, you can check added AIC^^

 

[MetaMask]

  1.     Login MetaMask

2.     Click ‘TOKENS’

3.     Click ‘ADD TOKEN’ and enter token information.

Token Address: 0xa7a5c03399f4739f4afa934bb9053c992b53d7a2

Token Symbol: AIC

Decimals of Precision: 18

After filling in the blanks, click ‘Add’

 

Then, you can check added AIC^^

After adding AIC, you can check it in linked accounts like ImToken!

★    You can’t transfer Bounus(pre-sale bonus, referral bonus, DB bonus, bounty, airdrop. Etc.) locked up except for paid AIC. Bonus lock up period is 6 months in total. 50% for 1st and the rest for 2nd will be unlocked.

–       1st Bonus unlock : 2018-10-31 23:59+08:00

–       2nd Bonus unlock : 2019-01-31 23:59+08:00

Bonus AIC will be able to be transferred after 2019-01-31, but

Purchased AIC can be transferred freely!

Transferring makes fee, if you want to transfer AIC before unlock date, check paid AIC volume and transfer AIC except for bonus AIC.

If you have questions, contact us!

 

Official Homepage : https://aicrypto.ai/

WhitePaper : https://aicrypto.ai/AIC_WhitePaper_Eng.pdf

Telegram : https://t.me/aicryptoai

 

[AI Crypto A to Z] AI Crypto’s Outlook

The last topic is Easy Understanding of Whitepaper, ‘AI Crypto’s Outlook’.

I worried about finishing the series but it’s already last!

 

With the 4th Industrial Revolution approaching,

competition in development of technologies related to AI is heating up.

Some countries invest a lot of money to recruit developers.

The entire mankind needs AI. But if AI resources were to be concentrated on some,

the economy would be more polarized than it is .

“AI BlockChain for Decentralized Economy”

AI Crypto is a platform for anyone to access the resources of AI.

It’s a place where anyone can create a variety of services for everyone who needs AI.

 

What can be created using AIC resources

AI Crypto provides a platform to easily create services without having to learn programming language. This platform enables the development of a variety of services for which AI can be applied, including the following examples:

The use cases of the AI Crypto service can also be found at the link below.

https://aicrypto.blog/129/ai-crypto-%EC%84%9C%EB%B9%84%EC%8A%A4-%EB%B0%8F-%ED%99%9C%EC%9A%A9-%EC%82%AC%EB%A1%80

 

Roadmap

2018.3. WHITE PAPER ver1.0 release

2018.5. pre-sale is completed successfully and handed over the cap!

2018.6. ICO main-sale is live

2018.12. Sapiens

             – Resource Provide

             – Resource Verification

             – Skeleton launch on Ethereum network

2019.6. Creatura

             – Advanced Machine Learning

             – Main-net launching or platform change

             – AI Society building

2019.12. Deus

             – Crux solving

             – AI Business invigoration

             – Completion of AI Society

 

Q1 What are the steps for participants to register and use a GPU?

This is the Creatura stage, which is scheduled for June 2019.

Q2 So what is that in December 2018?

Users will be able to use the initial product of the AI Crypto in Ethereum network.

 

The User of AI Crypto

AI resources have risk to be monopolized by small minority with large capital. If the resources needed for development were for large companies only, developing AI for small groups would be difficult. AI Crypto is a platform where start-up, researcher and developer can make AI services with reasonable price.

 

Finally, the series of ‘Brief Intro of AI CRYPTO WhitePaper for Easy Understanding’ is over!

 

The next posting is AI Crypto FAQ. This will be a summary from frequently asking questions.

Today’s ★AI Crypto A to Z★ Topic was ‘AI Crypto’s Outlook’

  1. AI Crypto Analysis
  2. Brief Intro of AI CRYPTO WhitePaper for Easy Understanding

1) How did AI Crypto begin?

2) What is the AI Crypto Platform?

3) AI Crypto Token!

4) AI Crypto’s Outlook

  1.  FAQs

 

 

Official Homepage : https://aicrypto.ai/

WhitePaper : https://aicrypto.ai/AIC_WhitePaper_Eng.pdf

Telegram : https://t.me/aicryptoai

[AI Crypto A to Z] AIC Token!

This posting deals with

how the philosophy of the AI Crypto was reflected in ICO Information, Distribution Mechanism, and Plan on Allocation and Additional AIC Coin Issues.

AI Crypto Philosophy reflected in AIC

As it is mentioned in the 1st posting, AIC is issued by Proof of Value(PoV), not as a form of PoW as a form of mining.

*Proof of Works; Pow: consumes huge amount of electricity and computing power by producing encrypted blocks that contain ledger and receiving coin as compensation.

Not only is the use of resources for mining alone inefficient for the mankind, but the focus of block creation on some participants with enormous power is also decomposing the distributed network.

Can such resources be used in a way that contributes to society?

Why don’t we give greater rewards to valuable resources?

To answer these questions,

–      We have adopted the PoV method for issuance of tokens.

When shared resources are used appropriately, the provider of the resource will be rewarded with AIC.

Contribution to the ecosystem will be measured according to the evaluation done by members in the network, the number of users of the resource. This will result in additional rewards.

–      We have adopted a structure that shares computing power over the network distributed it where necessary.

Q1 What if someone pretends to share his computing power, and use the power for himself to get AIC for his own benefit?

Resource allocation system distributes GPU in unidentifiable state so he cannot share resource himself.

To reflect on our philosophy

Before launching AIC main-net, AIC is designed as ERC20 which will be available on smart contracts.

Meanwhile, the data, dataset, model and trained AI are transacted as ERC721 form.

By following the ERC721 standard, the participants can purchase ownership of the resource or pay to use them.

*ERC20(Ethereum Request for Comment 20): Standard of token issued by blockchain network

*Smart Contracts: a technology that can sign and modify contracts with P2P without a broker and it uses ledger of a blockchain.

*ERC721: with individual ID can’t be replaced and each owner has a unique value.

 

ICO Information

Total Supply : 10,000,000,000AIC[10 billion AIC; 20 billion AIC is burnt up so the initial offering is 8,000,000,000AIC(8 billion AIC)]

Platform : Ethereum

Softcap : 3,000ETH

Hardcap : 50,000ETH → 30,000ETH

For sale : 5,000,000,000AIC → 3,000,000,000AIC(5 billion to 3 billion AIC)

Price: 1ETH =100,000 AIC

Minimum Investment: 0.1 ETH

Schedule

–      1st pre-sale : 2018-05-09 ~ 2018-05-16

–      2nd pre-sale: 2018-05-21 ~ 2018-05-28

–      ICO: 2018-06-04 ~ 2018-07-30

 

Of the amount allocated for sale, the coins that are not sold will be brunt.

 

AIC Distribution Mechanism(based on total supply)

Fundraiser(via ICO/Crowdfunding) 30%

Additional Issues 20%(reduced 2 billion AIC)

Advisors & Partners 10%

Company Reserved 10%

Early Inventor & Team 25%

Operating/marketing 5%

 

Proceeds Allocation (based on hardcap)

Development 42%

Operating Expense 25%

Marketing & Accounting 14%

Business/Strategic Expense 11%

Reserved 8%

 

Plans for Additional AIC Issues

Out of the total issued coin of 10 billion AIC, burnt tokens will be re-issued within the amount of the coin that has not been sold and allocated for compensation purposes for PoV. The issue size follows the Sigmoid function, and the amount of issuance can be adjusted by the degree of ecosystem activation and member agreement.

Q2. Will burnt AIC be issued additionally? Is it no benefit of incineration?

After ICO, further supply of AIC tokens will be 8 billion or less. Unsold AIC out of 3 billion for sale and reduced hardcap difference 2 billion will not be issued immediately. However after the platform launch, additional issuance will be made for participant’s reward and stored on the PoV system as per the formula in the WhitePaper.

Q3. If the total AIC is issued, what do the participants get paid for?

AI Crypto system stores network usage fees in a pool and reward them to contributors.

 

This was the summary of AIC Token!

We believe AI Crypto will achieve its plan and this will result greater future than we imagine..

See you in the next posting!

 

Today’s ★AI Crypto A to Z★ Topic was ‘AI Crypto Token!’

  1. AI Crypto Analysis
  2. Brief Intro of AI CRYPTO WhitePaper for Easy Understanding

1) How did AI Crypto begin?

2) What is the AI Crypto Platform?

3) AI Crypto Token!

4) AI Crypto’s Outlook

  1.  FAQs

 

Official Homepage : https://aicrypto.ai/

WhitePaper : https://aicrypto.ai/AIC_WhitePaper_Eng.pdf

Telegram : https://t.me/aicryptoai