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Hi there,
I'm sure most of you are using cloud storage to keep your documents and/or photos secure and backed-up. Websites and companies are also using cloud storages and also "processing powers" for websites, applications etc. because It is more secure and cheaper. In the future, we probably will not have hardware on our side, we will just stream things which has been done in a server. When we need processing power, we will rent it. But, is it going to be centralized or decentralized?
DeepCloud AI brings cloud to decentralized world and makes it "AI-driven decentralized cloud for running dApps for IoT and Web 3.0".
IoT devices will rule the world in 2020s that is for sure. Almost every new device connects to internet, even toasters! I live in an old building, still I have wifi light bulbs, power sockets etc. Think about the new buildings and what can be done.
Also industry is moving towards cloud computing. Let's check how cloud service revenues grew throughout years:
Cloud Application Services (SaaS) and Cloud System Infrastructure Services (IaaS) grow nicely and they need a solid ground to grow. This can be **DeepCloud AI.**
[DeepCloud AI Whitepaper](https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version1_01_ENG.pdf)
### What is DeepCloud AI
Like I said before, it is basically an AI-driven decentralized cloud computing. DeepCloud AI requires Network Resource Providers (IaaS) and Application Marketplace providers to work.
**Artificial Intelligence will be used for matching the right resources to right projects / dapps. Smart economy.**
DeepCloud AI focuses the needs of Enterprises and Governments, mostly.
Here are some examples that can be done on DeepCloud AI:
* Smart Cities
Governments can use DeepCloud AI's IoT and Artificial Intelligence infrastructure to run their dapps and IoT devices and keep their cities smart, energy efficient and so on. However they need it. Brilliant.
* Supply Chain
Companies can track their inventory, shipments and all transactions with full audit trail, secure and tamper-proof.
### Competition
There are other cloud projects as well, but let's see how they are different.
Golem is aiming to be the world's Decentralized Super computer.
iExec is aiming to create a cloud marketplace for users and dApps.
SONM is aiming to be an alternative work provider through running services in the marketplace. It is basically a renting service for processing power.
There are some cloud storage projects as well but they are just storage, nothing more. They cannot be compared with all these and DeepCloud AI.
However DeepCloud AI brings AI on the table, which will be the future. For example Nvidia saw this and added AI chip to their newest graphic cards like RTX 2080 etc. DeepCloud AI will operate all these hardware and will provide a ground for projects.
DeepCloud AI uses cloud for several purposes, such as running AI codes, running dApps, sharing storage, data streaming and so on.
### ICO and the DEEP TOKEN
Deep token will be ERC20 in the beginning, but mainnet will be ready later on.
Token Sale will be done in three sessions:
• Private Sale (with a bonus of up to 25%)
• Pre-Sale
• Public Sale
**Token Sale Information:**
• 1 DEEP = $0.25
• Hard Cap = $15 million
• Total Supply: 200,000,000 DEEP
• Unsold tokens will be burned after the ICO
• Also they will burn the tokens in the same ratio for all other segments of the pie chart
The fact that they are going to burn unsold tokens is pretty good, great for coin value. Furthermore, they will not only burn crowdsale reserve, but also burn same ratio of tokens from other reserves as well. Seems greatly fair. Here you can check the allocation:
| Allocation | Funds will be used for |
|-------------------------|--------------------------------------|
| 40% - Crowdsale | 55% - Research & Product Development |
| 20% - Reserves | 10% - Contingency |
| 15% - Dev Team | 10% - Operations |
| 5% - Marketing Expenses | 10% - Indirect Expenses |
| 5% - Advisors | 12% - Marketing Communications |
| | 3% - Contractors |
### ROADMAP
In Q1 2019, they have DeepChain Testnet MVP. So We will be able to see the product.
In Q2 2019, dApps marketplace and DeepProperty will be released.
Q4 2019: DeepChain Mainnet Developer Community, Ecosystem.
I believe we can expect to see how the project goes in this step.
Q1 2020: Foundation Formation, DeepChain Developer Tools.
In this step, I think DeepCloud AI will be public enough for developers to notice and make dapps on it. We will see.
### In Conclusion
Future is AI, and future will be on the cloud :) DeepCloud AI combines all these together, so I think It might have a future with a solid marketplace and usability. If you want to join their crowdsale, you can check [their website](https://www.deepcloudai.com/) for more information.
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DeepCloud AI links:
[Telegram](https://t.me/deepcloud_ai)
[Twitter](https://twitter.com/DeepCloud_AI)
[Medium](https://medium.com/@DeepCloud_AI)
[Youtube](https://www.youtube.com/channel/UCsFttSUlJuYbDvAiED_MlRg)
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My bitcointalk name: renemagritte
profile: https://bitcointalk.org/index.php?action=profile;u=1394165
eth wallet: 0xC6c55aD4ca903A3aC2c59C5CF2a6D6D37CfC2e26