Koios AI (KOI) ICO Review & Analysis - Koios AI ICO Review - Pick A Crypto
In today’s technology landscape Artificial Intelligence (AI) and Machine Learning (ML) technologies have long been the realm of only the largest companies around the world. Due to the inherent complexity and significant cost of AI & ML, these paradigm shifting technologies have yet to be commoditized for general consumption. Koios AI aims to change this.
The Koios Project is building an AI development, marketplace and crowd computing ecosystem that will connect AI developers to everyday consumers. It provides a medium for the beginner to expert consumer to purchase sophisticated and reliable AI content in a simple and easy to implement manner.
- The AI Lab: The “AI Lab” is an AI development platform providing developers with access to a library of complimentary tools, algorithms and data sets created and maintained by the Koios Team.
- The Titan Protocol: The “Titan Protocol” enables any user with the Koios desktop and mobile apps to participate in AI development by “renting” their CPU power to the Koios Platform.
- The Neural Net: The “Neural Net” component of the Koios Platform is a simple, intuitive marketplace containing a library of AI and ML content.
“The potential for Machine Learning spans every industry and new use cases and algorithms are developed on a daily basis by large corporates and small developers alike. The intersection of Blockchain technology and Artificial Intelligence is inevitable; however the feasibility of certain use cases must be considered when you consider the fundamentals of each technology in its own right. With all this in mind, Koios has set out a pragmatic roadmap of deliverables to create a platform on which the AI developer community can build, innovate and monetize their AI constructs”
Positives -
- Koios AI’ business model is pretty simple considering the currently complex technology that is Artificial Intelligence. At the end of the day, Koios AI is looking to knock down the access barriers that Artificial Intelligence poses for small developers looking to utilize the tech. Big companies like Amazon and Google have huge amounts of money to research and develop Artificial Intelligence while the small developer is left to scrounge around for whatever resources they can find, often having to work with commercial hardware that just isn’t powerful enough. Koios AI is creating an “App Store” for developers or in other words, a library to collaborate and share resources. A much needed innovation in this space.
- Great looking team here. Experienced in their fields. Marcus Bowles has extensive experience with infrastructure and systems engineering. He’s also served as a Cloud Engineer at Google Australia. There is an immense amount of experience from the Founding Members which shows a great foundation. It’s always great to see founders experienced in the field they are looking to disrupt, instead of hiring the talent.
Concerns -
- We can’t seem to find any resources listing investors or partnerships with Koios AI. While this business model doesn’t necessarily need partnerships to thrive, it’d be good to see who’s supporting the Koios AI project. The team is very impressive and shouldn’t have any issues developing the platform so this isn’t a big concern, just an observation.
- Artificial Intelligence and robotics is still a “pipe dream” in society in the way that people don’t understand exactly what artificial intelligence and robotics actually relates to. Most people are still thinking about the Terminator series and evil robots when the topic is brought up. The industry is progressing but the societal view on it is largely the same as it was years ago, add blockchain technology to this and it becomes even more confusing for regular folk. Not a direct concern for Koios AI but more for the industry itself. Developers working with artificial intelligence won’t be concerned.
Token Sale Details -
Whitelist: Yes
KYC: Yes
ICO Token Price: 1 KOI = 0.0375 USD
Excluded Countries: USA, China
Bonuses: Pre-Sale Bonuses
Tokens For Sale: 40%
Min/Max Cap: 0.1 / 5 ETH
Accepts: ETH
ICO Period: Starts June 15th
Official Koios AI Links -