Mindsync is a platform to solve customer's tasks with AI technologies competitions as well as a marketplace for these solutions and training datasets.
Our mission is to bring together the best artificial intelligence experts and hackers, data scientists, machine learning developers, big data and computing power suppliers, investors, volunteers in one place to make better AI solutions more available, cheaper, simpler for a wide range of customers, accelerate its development and create a world’s marketplace for AI solutions.
MindSync is an AI-as-a-Service and Expert-as-aService platform. We seek to help solve business problems of customers through AI-based solutions that are created through rewarding competitions within the community or through choosing from a wide range of production-ready solutions in our repository.
Introduction
The age of AI technologies is well and truly upon us. While movies like The Matrix have shown us the cataclysmic effects of intelligent machines, we cannot ignore the vast benefits that AI technologies bring to businesses today. The use of AI technologies can help reduce operational costs, increase efficiency, grow revenue and vastly improve the customer experience. And unbeknownst to us, we are surrounded by intelligent devices that are making our lives easy.
The Future of AI is Bright
Businesses around the world are realizing the awesome powers and capabilities AI technologies can bring to their processes. And it has been estimated that global spending on cognitive and AI systems will surpass $19 billion in 2018, an increase of more than 50% over the amount spent last year. This shows the tremendous interest of global businesses to secure a competitive advantage by using AI technologies. However, like any growing market, the AI market also suffers from certain pain points, which, if not addressed, may prove to hinder the effective utilization of this truly transformative technology.
Pain Points of the AI Market
The major pain points in the path to utilization of AI tech include,
1. Lack of enough experts. 2. High demand of computing power, and eventually, costs. 3. Complexity in integration and adaptation. 4. Security issues.
MindSync has the Solution
To address these issues, MindSync is creating a unified platform to establish an active community of experts in the field of AI technologies like machine learning (ML), computer vision (CV), deep learning (DL), natural language processing (NLP) and data science. This community will be a source of contact for customers of all sizes to access state-of-the-art AI-based solutions for their businesses.
How does MindSync work?
On the MindSync platform, customers can ask for the creation of a customized AI-based solution to their business problems, by creating a challenge/competition. This challenge will be visible to all the community members. Interested experts on the platform will register their participation in the challenge after understanding the terms and conditions governing it. The expert (individual or team) that successfully creates the solution will submit their entry for the review of the customer as well as other experts in the community. Once the review is successful, the customer buys the solution that can be easily integrated into their business processes. MindSync will also be a repository for readymade AI-based solutions and training datasets that a customer can look for.
Apart from these, the MindSync platform will also look to strategically partner with crypto mining farms and make use of some of the computing power that can be used amongst some community members. This will help reduce the high costs for availing computing capabilities.
MindSync is on a mission to provide better and cheaper AI solutions for a wide range of businesses through a readily available community of experts. While customers will be spoilt for choice at the talent on the platform, the community members also get a platform to earn rewards and exchange experience and interact with like-minded individuals for personal and professional growth. The paramount objective of MindSync is to eventually create a DAO that will be self-sustainable.
Blockchain & Token
Mindsync will use a blockchain to keep hashes of the ML solutions, datasets, ratings, and other platform metadata in order to protect against any modification and to decentralize the platform. Smart contracts serve for automation and as the guarantee to the platform users. Each participant uses the tokens as mediator in all interactions.
Mindsync will progressively implements DAO ("decentralized autonomous organization") as its business model.
Parting Thoughts
With the world poised to embrace AI technologies fully, the time is ripe for disruption in the market. MindSync is at the forefront of creating this disruption in the status quo with its intuitive and robust platform that brings the best talent in the field within a single ecosystem. By assuring low costs and enhanced security, it seeks to be the go-to platform for all things AI.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Feb 15, 2019 Modified on Feb 20, 2019
5
5
5
6%
1. Financial
Soft cap 30,000,000
Hard cap 500,000,000
Raising US$30 million?
2. Milestones
Sequence of activities is plotted wrongly?
3. Team
Please mobilize your team to check the description of this project at ICObench. Each one can play a crucial role in improving the story telling.
4. Description
"Our mission is to bring together the best artificial intelligence experts and hackers, data scientists, machine learning developers, big data and computing power suppliers, investors, volunteers in one place to make better AI solutions more available, cheaper, simpler for a wide range of customers, accelerate its development and create a world’s marketplace for AI solutions."
Is this project attempting to be like Kaggle?
All the best!
~~~~~~~~~
Konstantin Bogolepov
ICO team member replied on 20 Feb 2019
Thank you for your review!
1.Soft cap 30,000,000
Hard cap 500,000,000
ICObench does not show currency if the soft/hard cap is specified in project tokens. We have changed it to USD to avoid such misunderstandings.
2. Thank you. We fixed it.
3. Done.
4. We love Kaggle. This is a great company. But we believe that uberization, decentralization and blockchain will raise the service of developing AI solutions to a new level of evolution.
Mindsync is designed to give the community and business more opportunities and freedom. For example: more computing power, flexible conditions for the distribution of the prize fund among the participants, the opportunity to consider Mindsync as a source of regular income for developers, the selection of experts for the competition design, cheap AutoML and much more. Our team has Kaggle grandmasters, including Gilberto Titericz (one of the world's best experts in machine learning and data science, #1 for two years at Kaggle). We are confident that our team can provide the best platform for problem solving and developing solutions using AI tech.
Best regards,
Konstantin Bogolepov
~~~~~~~~~
Dear Konstantin
Congratulations for having #1 data scientist: Gilberto Titericz!
Blockchain Enthusiast Rated on Aug 31, 2019 Modified on Dec 29, 2019
2
2
1
6%
After thorough review of their website, github and whitepaper (and some other sources) I still don’t see real working product or minimum viable product (MVP). Github is not convincing at all, it is empty in fact as consists of some irrelevant links and smart contracts examples only. The demo link provided there is not the MVP. The tokenomics is outdated and is just an example of how ordinary projects did that in 2017. The info about the funds raised is not transparent. Could you provide the link to your fundraising wallets to make sure you really raised that much? 1 year long ICO and I don’t see any valuable progress
Entrepreneur, Author, Journalist, Trainer, Influencer, Crypto Expert, Twitch Streamer and Marketing Specialist. Rated on Jul 31, 2019 Modified on Jul 31, 2019
5
5
5
5%
This project is backed by a solid team who has also passed KYC, which proves their authenticity. Their commitment to the project is proved by the fact that they already have a working MVP. They are planning to build a community driven AI platform, and considering that AI is the future, this is a project with wide future perspectives.
Investor | Consultant | Blockchain Advisor | NFT Advisor | DeFi | Initial Dex Offering | Play2Earn Games | Metaverse| European Commission Expert Rated on Mar 27, 2019
5
4
4
5%
Their team is very talented and experienced, and includes some advisors with a good track record as well. The product idea is is solid and the white paper is well put together too
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker Rated on Sep 8, 2019
5
5
5
5%
Team is good and very experienced. KYC is done. Advisors complacent perfectly with the team. It is all big technology AI, Blockchain coming togather to increase adoption and innovation. Whitepaper is detailed with good financial, technical and business information. Best of luck team.
Disclaimer: This is an independent review on the ICO and does not lead to investment advice. ICOs are risky, kindly do your own research before investment.
Founder-Promethean Dynamics |Certified Blockchain Solutions Architect|Blockchain Advisory Council |Alliance of Blockchain Professionals | Rated on Sep 7, 2019 Modified on Sep 8, 2019
5
5
5
5%
This is an interesting project with a unique approach to helping AI gain mass adoption by making it more accessible to a wider audience. They have a strong team and are backed by an experienced advisory board, some of them I have worked with before.
As always this is not investment advice and is merely my personal opinion. It's up to each investor to conduct their own due diligence.
I think that AI and block chains will have a positive impact on each other.
This project is working to improve the possibilities of AI and ERC with each other. I think that this is a wonderful vision that supports the global development of the block chain industry. The team's experience and achievements are also sufficient. The financial plan is also consistent.
International Public Keynote Speaker, Blockchainer, Adviser, ICO Supervisor, Investment Relations and International Community Relations Manager Rated on Jul 31, 2019
5
5
5
5%
My truly respect to the team - great view and understanding where all the world going and looking for - Artificial Intelligence is the main and most progressive technology which going to change our lives at all and in completely for humanity advanced way. Smart developers and people who clearly understand how to programming AI - going to be changers of current situation worldwide. Good luck guys - you’re doing great job!
CEO Markchain | PR and Marketing for Blockchain Projects Rated on Feb 19, 2019
5
4
4
4%
Interesting project although far from unique.
Good features of the platform that could bring together the expertise of several experts. Let's see how MindSync will attract them and keep them interested in the platform.
Experienced team and good advisors with complementary skills. Good community on social networks although not very committed.
I look forward to the MVP.
Founder and CEO of SCX Holdings Rated on Sep 7, 2019 Modified on Sep 8, 2019
5
5
5
4%
I strongly believe that blockchain is clearly the stepping stone for ML and AI interfaces.
The business model evolving around a marketplace, I can understand, but there are a lot of friction points and moving parts that need to be addressed like:
Criteria of sign-up, Expert Vetting, Regulations, Jurisdictions and so on...
I can do a huge list with proven issues by Big Data historical challenges.
Overall, I like the idea and I will encourage it.
Best of luck!
Lawyer & Director at Simon Zenios & Co LLC | Blockchain Legal Advisor | ICO | Law & Security Instructor at SGT Rated on Oct 3, 2019
4
5
4
4%
The project is supported by a strong team which has passed KYC, very important fact. They already have a working MVP which proves their motivation and their dedication to their vision. It seems to be a group of professionals who fully understand how AI works and keep up with the international updates.
Gauthier Bros Rated on Mar 30, 2019 Modified on Mar 30, 2019
4
4
3
4%
Too big hardcap regarding the state of the market
Interesting project although far from unique.
Good features of the platform that could bring together the expertise of several experts. Let's see how MindSync will attract them and keep them interested in the platform.
Experienced team and good advisors with complementary skills. Good community on social networks although not very committed.
I look forward to the MVP.
Entrepreneur, Author and Trainer Rated on Jul 31, 2019
5
5
5
4%
Mindsync has grabbed my attention because they are centered about artificial intelligence, more exactly, a decentralized community driven AI platform. With a working MVP and a commited real team who passed the important KYC verification, this project has all what it takes for me to believe it has a tremendous future potential. AI solutions are a modern approach and I wish the team the best of luck with this project!
Journalist, PR, Business Woman and Crypto Enthusiast Rated on Jul 12, 2019 Modified on Sep 8, 2019
5
5
5
4%
After taking a deeper look into this project, it seems quite promising. The hard cap is ridiculous, and I got a bit scared by this, but it seems that this project has a lot of potential.
Listing tokens to 50+ exchangers, Market Making services, ICO and STO advisory Rated on Sep 14, 2019
5
5
5
4%
Team: I have checked Linkedin profiles of most team members. I was impressed with their relevant experience for this project. Also KYC is done, which brings the transparency that they are real people.
Vision: Though Blockchain and AI are still in reletivelly early days, this project has strong vision to make these technologies more mainstream, and increase the adoption of them.
What worries me the most is the FInancials, and the hardcap seems to be sightly too high.
Account and Investor Relations Manager at Utopian Capital Rated on Feb 14, 2020 Modified on Oct 9, 2020
3
4
4
3%
→ Blockchain Advantage - Good
→ White Paper - Fair
→ Team Composition - Needs Improvement
→ Tokenomics - Needs Improvement
→ Business Model - Fair
→ Social Media Presence - Needs Improvement
→ Collaborations & partnerships - Good
→ Fund Allocation - Good
→ Legal Loopholes - Fair
→ MVP/ DApp/ Working Product - Fair
You can maximize the potential of this product by building an ecosystem for spreading your vision. Mass adoption is the key to success, everything else is preparatory to the work ahead. Best wishes to your token sale.
BLOCKCHAIN EXPERT, ICO and STO Marketing and fundraising consultant Rated on Mar 30, 2019
5
5
5
3%
MindSync is creating a unified platform to establish an active community of experts in the field of AI technologies like machine learning ,deep learning, natural language processing and data science, Project description itself gives explanation of plan.
Team and advisors having good experience, KYC is cleared, prototype available , well formatted WP.
Crypto Expert, Advisor, Business Developer @ Amicaborsa Rated on Sep 8, 2019
5
5
4
3%
I personally love this project. Glad that reached the Soft Cap, and I am willing to see the evolutions.
AI is definitely a great field to build business in, and I think that this experienced team will have great chances to succeed.
Blockchain as a certification of platform ratings and MAI smart contracts functioning are great ideas. I am quite sceptical about the use of the Ethereum blockchain, since it's becoming slower and slower and I would suggest an own blockchain creation, or the switch to faster and still decentralized blockchains.
Smart contracts RD | ICO Advisor Rated on Sep 18, 2019 Modified on Sep 18, 2019
3
4
4
3%
The project looks interesting.
It will not be difficult to implement it.
But rather there will be problems with scalability.
The team is quite experienced.
Blockchain Advisor | Trader | Freelance Writer | Fundamental and Technical Analyst Rated on Feb 22, 2019
5
4
4
2%
A project that seems interesting on the very complex subject of artificial intelligence...
I'm curious to see how the team, which seems experienced, will manage to implement the MVP.
The WP is a little short, especially on the financial side, but the team of advisors looks quite varied and some of them are known to be very efficient.
Interesting project vision is great. I belive AI as a service concept will be very common in far future. Making AI services reachable and easy to use could be key elements of future and this project targets there. Most problematic side of AI services is they are too complicated and needs expert level knowledge to use. If they can provide easy way to use this services they may succeed.
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