Genius Token Pre-Sale Goes Live

One of the more interesting new crypto projects – Genius Token – has gone live with its presale.

For those that have not yet heard of Genius Token $GNUS, it is about time you did.

Genius Ventures, the group behind the Genius Tokens have built an ecosystem that aims to provide a system for distributed general-purpose computing with crypto token payment options.

Central to Genius Tokens’s core is artificial Intelligence and Machine Learning processing which includes training and inference at prices that blow the competition away. By utilizing unused cycles of Compute Devices on computers, mobile devices and IoT devices, integrating easily into computers, and mobile games and apps, the system processes AI data on an end-user device. The end-user can get paid in the native Genius tokens #GNUS which can then be reused for In-App purchases or converted into other currencies.

What makes the Genius ventures project stand out is the fact that they the first company to offer a blockchain-based platform for AI leveraging Computers, Mobile Devices and IoT Devices. Artificial intelligence and machine learning are being used more and more in everyday life. According to statistics, last year, the global artificial intelligence market size was valued at $62.35 billion. It is expected to grow at a compound annual growth rate (CAGR) of 40.2% from 2021 to 2028.

Genius Ventures implement a scalable, high-performance, secure, and a manageable infrastructure side chain that promotes a new form of distributed management within the key growth areas of computing, large data, and cloud industries.

This payment system integrates a slow blockchain crypto token with a fast DAG-based crypto-token built on Ethereum’s smart contract technology.

Importantly, because the Genius Ventures ecosystem is decentralized, meaning there’s no central point of control you’ll never have to worry about your data being used in ways you do not want, Your data belongs only to you and you alone.

How It Works

1. Transaction – Users request processing of AI data, paying into an account that converts the currency into Genius Tokens. The customer then uploads or references data to be processed.
2. Data Transfer – The data is uploaded to a encrypted area in a distributed file systems.
3. AI Processing – The transaction is communicated to participants that have games and or apps installed that can process the A.I. Data. The workload is divided and distributed to indivdual nodes for processing either in a standalone app or while running a game.
4. Validate and Add – Once processed all nodes report back results to a fast blockchain that aggregates the results data and verifies that nodes aren’t cheating the system. The data is verified with a parity verification node and encryption verification. The data is then stored in the distributed files system or returned to the customers data storage area.
5. Complete – Once the data has been validated, a transaction complete is sent to the main blockchain. The blockchain moves the payment in Genius tokens out of escrow ready to be distributed to the individual nodes that processed the data.
6. Payments – After the process is finished the blockchain contract then distributes 70% of the Genius tokens to all the individual nodes wallets. The publisher will then receive 20% with Genius Ventures receiving 10% The users can then convert the tokens to other currencies or use for in-app purchases.

One to Watch in 2021

With a clear and defined roadmap supported by an experienced and verifiable team, the Genius Ventures project based out of Wyoming, US is one to watch out for in 2021 and beyond. AI and ML are encroaching more and more into all aspects of our lives, most of which unbeknown to us. Along with data storage and cloud services, Genius ventures taps into some of the biggest growth areas of now and in the future and makes them accessible and affordable to everyone.

Learn more about the Genius Blockchain! https://www.geniusventures.io

You can read their whitepaper here