[ICO Review] Mind AI (OMAI)
Disclaimer: This is not in any way professional advice, and is solely based on the author’s own opinion. This is not in any way an advice to invest, or not invest in the network.
Mind AI was created to offer an entirely new approach to artificial general intelligence. Rather than building an architecture that requires parallel processing, supercomputers, and large amounts of data, it plans to build its core symbolic reasoning engine based on an internationally patented, completely new data structure called a ‘canonical’.
Mind learns how to perform certain verity checks on its own, or which techniques it can apply at a future time when faced with similar challenges. The core concepts within its upper ontology (if not also other, perhaps mid-level ontologies) need the ability to critique information being input.
Mind neural networks are made to resemble the operation of neurons and the neural circuitry in the human brain.
The context of any data Mind work with is intrinsic in the fundamental definition of information Mind have outlined.
Mind holds the profile and history of the user’s specifics, and is used to help contextualize information as it pertains to that user.
ICO
According to Mind AI’ blog post, a private sale was being held at Bitsonic, which is a South Korean cryptocurrency exchange in 12th November.
Private sale details
Token price: 1 OMAI = 0.00005 ETH.
Private sale period: 2018–12–10 ~ 2018–12–19
Technology base: erc20
Soft cap: 40,000 ETH
Hard cap: 80,000 ETH
Bonus: Participants in this private sale will receive a bonus token award starting at 50%. A purchase of 5,000 OMAI, at a cost of 0.25 ETH, will receive a bonus award of 2,500 OMAI. Bonus amount will decrease periodically over time.
Lock up: 150 days after the date the tokens are listed on Bitsonic. The listing date will be announced after the private sale closes.
Based on Mind AI’s blog, the public sale is still TBA.
Hype
With so many inconsistent data regarding this token on several ICO rating websites, it does not stop investors from being interested with OMAI. With more than 60k members on their telegram community actively participating, and a community manager to answer every member’s concern, OMAI definitely seems legit.
Furthermore, OMAI was featured in several articles such as Cryptovest.com and DcoinNews.net, a Korean media outlet.
If you are interested, definitely check their website out!
J.D.
