AMA RECAP : Crypto Infinity & Deep Brain Chain.
🗓 AMA Date: 29th November 2021
⏰ Time AMA: 2 PM UTC
🏚Venue For AMA: @CryptoInfinity_Community_VN
INTRODUCTION
Joker | BCTV:
Before starting Part 1 of the AMA, can you tell the community a little bit about yourself and the DeepBrainChain project? @deepbrainfeng
feng he:
I am Feng He , the founder of DeepBrain Chain. DeepBrain Chain was founded in 2017 with the vision of building an infinitely scalable distributed high-performance computing network based on blockchain technology, in order to become the most important computing infrastructure in the era of AI+metaverse. DeepBrain Chain contains three important parts: high-performance computing network, blockchain mainnet and GPU computing mainnet. High-performance computing network officially launched at the end of 2018, blockchain mainnet on May 20th, 2021, after nearly 4 months of public testing, GPU computing mainnet was officially launched today.
The mainnet of DeepBrain Chain is developed based on Polka Substrate, and DeepBrain Chain is also one of the very few high-performance computing projects in the blockchain industry that have achieved large-scale implementation. It has been widely used in various scenarios such as artificial intelligence, driverless vehicles, cloud games, visual rendering, biopharmaceuticals, etc. It has provided high-performance GPU computing power for many enterprises, and cumulatively more than 50 vendors worldwide have deployed high-performance GPU cloud platforms based on DeepBrain Chain network, serving hundreds of enterprises and tens of thousands of AI developer groups. For example, China’s cloud game vendor NetEase Cloud Game uses GPU resources from DeepBrain Chain, China’s leading driverless company AutoX is testing GPU resources from DeepBrain Chain, China’s leading cloud game solution provider TingYu Technology is cooperating with us, Beijing University, Tsinghua University and Harvard University have students and teachers using DeepBrain Chain’s GPUs for AI training.
Joker | BCTV:
Q1: May I know how best to participate in the project?
feng he:
As long as you are willing to participate in the project, it is fine, whether it is investment or staking, or providing computing power, participating in super nodes, all kinds of methods are available, and everyone can participate in their own comfortable way.
Joker | BCTV:
Q2: present in the market while growing cannot escape having competitors how do you outperform those competitors?
feng he:
Competition is inevitable and a good thing. We believe that the profundity of the team’s knowledge of what they are doing largely determines the success or failure of things. We have nearly 10 years of AI experience and naturally have a profound understanding of AI computing, as well as more than 5 years of experience in blockchain technology; it is impossible to do this well by only knowing blockchain or only understanding AI. After the past four years, we have completed all the development goals on the white paper and commercialized many scenarios in the metaverse, autonomous driving, AI, visual rendering, blockchain, etc.
Joker | BCTV:
Q3: How many partners has the DeepBrainChain Project got so far and what benefits do partners bring to you?
feng he:
DBC has served in various scenarios such as artificial intelligence, driverless vehicles, cloud games, visual rendering, biopharmaceuticals, etc. It has provided high-performance GPU computing power for many enterprises, and cumulatively more than 50 vendors worldwide have deployed high-performance GPU cloud platforms based on DeepBrain Chain network, serving hundreds of enterprises and tens of thousands of AI developer groups. For example, China’s cloud game vendor NetEase Cloud Game uses GPU resources from DeepBrain Chain, China’s leading driverless company AutoX is testing GPU resources from DeepBrain Chain, China’s leading cloud game solution provider TingYu Technology is cooperating with us, Peking University, Tsinghua University and Harvard University have students and teachers using DeepBrain Chain’s GPUs for AI training. DBC can provide partners with sufficient and affordable GPU computing resources.
Joker | BCTV:
Q4: What conditions make you have a thought and idea to create the DeepBrainChain project?
feng he:
We have been focusing on AI projects since 2011, including voice assistants, smart speakers, and other products. We realized the importance of GPU early, but GPU resources are very expensive and many startups can’t afford it. Blockchain technology can help achieve this goal.
TWITTER QUESTIONS
Joker | BCTV:
Q1. from @crypto_odeb
It sounds like Deepbrainchain will have a great competitive edge in the traditional landscape as well as in the blockchain world. However in order to grow and attract a strong user base, it’s important to have good strategic partnerships, who are you currently working with?
feng he:
DBC has served in various scenarios such as artificial intelligence, driverless vehicles, cloud games, visual rendering, biopharmaceuticals, etc. It has provided high-performance GPU computing power for many enterprises, and cumulatively more than 50 vendors worldwide have deployed high-performance GPU cloud platforms based on DeepBrain Chain network, serving hundreds of enterprises and tens of thousands of AI developer groups. For example, China’s cloud game vendor NetEase Cloud Game uses GPU resources from DeepBrain Chain, China’s leading driverless company AutoX is testing GPU resources from DeepBrain Chain, China’s leading cloud game solution provider TingYu Technology is cooperating with us, Peking University, Tsinghua University and Harvard University have students and teachers using DeepBrain Chain’s GPUs for AI training. DBC can provide partners with sufficient and affordable GPU computing resources. At present, the GPU server in the DeepBrain Chain network has a rental rate of over 95%.
Joker | BCTV:
Q2. from @Iec_Ghram
Working without clear goals can lead to the adoption of various strategies that aren’t working efficiently,that’s why a marketing department needs to have a well laid-out plan that outlines its short- and long-term goals,so,what are DeepBrainChain Marketing Department objectives?
feng he:
This is a very good question.DeepBrain Chain’s vision is to build an infinitely scalable high-performance distributed computing power network, and become the most important computing infrastructure in the AI+MetaVerse era.At present, DeepBrain Chain is in a leading position in this field. What we have to do is to continuously expand the network GPU scale , And ensure that the GPUs in the network are leased out, and all the income obtained will be used for the repurchase and destruction of DBC (above 5000 cards). All our marketing is to serve this goal.
Joker | BCTV:
Q3. from @Juliawong48
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold #DBC token in long term?
feng he:
1.Each GPU connected to the DeepBrain Chain network needs to staking a certain amount of DBC, and a single card within 10,000 cards needs to staking 100,000 DBC.
2.When the DBC network reaches 5,000 GPUs across the network, 100% of the rents paid by users after activation are destroyed, which means DBC will enter a deflationary state. So reaching 5,000 GPUs in the DBC network will be an important milestone! The staking and destruction of a large number of DBC will drive the increase in the value of DBC
3.High-performance computing power is a market of hundreds of billions or even trillions of dollars, and it is in the process of rapid growth. You can see that Nvidia’s market value has reached four times that of Intel. DeepBrain Chain’s vision is to build an infinitely scalable high-performance distributed computing power network, and become the most important computing infrastructure in the AI+MetaVerse era.
Joker | BCTV:
Q4. from @Lalpori11Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is #DeepBrainChain project also like this? If not can u tell us, What makes #DeepBrainChain project different from other projects?
feng he:
It’s normal for everyone to have this worry. Action speaks louder than words. Here are some important progress we have made.
Jul.2017
The DeepBrain Chain was established, defining the objectives and vision as well as the technical architecture.
Dec. 2017
Fund-raising completed.
Jan.2018
DBC launched on Huobi.pro.
Aug.2018
DBC computing power network goes live and the code is open sourced on GitHub. (https://github.com/DeepBrainChain)
Nov.2019
DBChain, the first cloud platform based on DeepBrain Chain, goes live. (https://www.dbchain.ai)
Jul.2020
The first DeepBrain Chain-based enterprise cloud platform, Congtu Cloud, goes live. (https://www.congtu.cloud)
Dec.2020
DBChain global AI developer users exceed 10,000, serving more than 500 AI-related universities and labs worldwide.
May 2021
DeepBrain Chain node mainnet officially launched. (https://www.dbcwallet.io)
Jun.2021
DeepBrain Chain mainnet browser goes online. (https://dbc.subscan.io)
Jun.2021
The number of GPU cloud platforms based on DeepBrain Chain exceeds 50.
Jul.2021
DeepBrain Chain GPU computing power mainnet starts public testing.
Oct.2021
Total number of GPU computing power in the public test exceeds 1200 cards, and the rental rate is over 98%. (https://galaxyrace.deepbrainchain.org)
Nov.2021
DBC GPU mainnet have launched officially.
Joker | BCTV:
Q5. from @bijoy_mamud
Since the majority of NFT’s have little or no value, it is difficult to survive liquidity because people do not constantly trade them in pairs, so it is difficult to liquidate NFT. #DeepBrainChain have NFT ecosystem, Can you tell me how you plans to solve this big problem?
feng he:
Your point is right, most NFTs have no value and liquidity. One thing needs to be corrected, DBC did not issue NFT. DBC NFT was cast to commemorate the launch of the mainnet. The NFT medal is a free gift to community members who have contributed to the DBC ecology. It is divided into gold, silver, and bronze. Community members can apply to the board of directors, and they will be issued after the board of directors votes. NFT medals can also be traded on the NFT market. The foundation will repurchase once a year. The repurchase price is as follows: NFT gold medals are equivalent to 1 million DBC, silver medals 100,000 DBC, and bronze medals 10,000 DBC.
LIVE AMA QUESTIONS
Francine Smith:
What gives the value of DeepBrainChain ? What is the role of it in-out your ecosystem? Could you please mention some advantages of holding DeepBrainChain in the long-term? What are the important achievements DeepBrainChain has achieved so far?
feng he:
Each GPU connected to the DeepBrain Chain network needs to staking a certain amount of DBC, and a single card within 10,000 cards needs to staking 100,000 DBC.
When the DBC network reaches 5,000 GPUs across the network, 100% of the rents paid by users after activation are destroyed, which means DBC will enter a deflationary state. So reaching 5,000 GPUs in the DBC network will be an important milestone! The staking and destruction of a large number of DBC will drive the increase in the value of DBC
High-performance computing power is a market of hundreds of billions or even trillions of dollars, and it is in the process of rapid growth. You can see that Nvidia’s market value has reached four times that of Intel. DeepBrain Chain’s vision is to build an infinitely scalable high-performance distributed computing power network, and become the most important computing infrastructure in the AI+MetaVerse era.
Rhonda Miller:
Many blockchain projects are just on paper and have no real meaning. What practical product is DeepBrainChain using? What plans do you have for a better product in the future?
feng he:
https://galaxyrace.deepbrainchain.org/，You can see our products, you can see the on-chain gpu data in the dbc network
Hisin:
According to the project’s roadmap, what are your most important next priorities? Does DeepBrainChain team have enough Funds and Community to achieve those milestones?
feng he:
Our core goal is to increase the number of GPUs in the dbc network, and the foundation’s token will be unlocked for 15 years, so our funds will be sufficient for the next 15 years
Florence Sepe:
I could read that they allocate a large number of tokens for a manual burning and another for an immediate burning, but could you really tell us more about these burning systems? with how many frequencies will it be and with how much%?
feng he:
The dbc rent paid by users for purchasing GPUs will be 100% destroyed. Once the entire network meets 5000 GPUs, this will be automatically executed
CONCLUSION
✅ Follow Twitter DeepBrainChain
✅ Follow channel Crypto Infinity
✅ Join DeepBrainChain
📕 FOLLOW US:
