DAIA Welcomes New Partners: Menlo One, PYNK and BitSpace

DAIA
DAIA
Published in
5 min readFeb 13, 2019

We are honored to announce that DAIA, has partnered with Menlo One, PYNK and Bitspace. Their respective missions are to accelerate the growth of a truly decentralized internet, to research blockchain projects to change the world and to expand decentralized AI’s footprint within the Nordic territories.

DAIA believes in democracy and decentralization as mechanisms to create a benevolent and accessible AI. Every single member of DAIA is a critical contributor to this vision. Therefore please welcome the newest collaborators to the forum.

Menlo One

With solutions for enterprise, startups and cryptoprojects, Menlo One makes blockchain work for real-world applications. . They have an open source set of tools and protocols that allow developers to build faster decentralized applications.

Their framework utilizes multiple decentralized technologies like the Ethereum Network, decentralized cloud databases and Proof-of-Reputation incentive systems. These tools enable a new generation of fast marketplaces, social media platforms and other applications.

Matthew Nolan, CEO, and Founder of Menlo One says they are extremely excited to join DAIA:

“Our mission is to accelerate the growth of the decentralized Internet. We do this because the communication technology is too powerful and too important for it to be exclusively controlled by a handful of small players. History has taught us again and again that “absolute power corrupts absolutely”. Given the growing public concern about data privacy, we’re not the only ones concerned about the current state of the Internet.

We’re excited to join the DAIA because they share our values and our vision: a decentralized Internet. Specifically, decentralizing the systems which will power the greatest accomplishment of our species, mechanized artificial intelligence. AI will be even more powerful and even more important to the world than the Internet we know today. It’s of the utmost importance that AI NOT be controlled by a small number of powerful companies, but instead controlled by a large open, decentralized network of passionate individuals.

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Menlo One is proud to join many other great organizations in the DAIA who are working to craft a future which is designed and operated by the people. Our hope is to work with them to provide tools and infrastructure to make decentralized technology easy, accessible, and scalable for Artificial Intelligence which serves humanity. “

PYNK

Building a new model for retail investment, the Pynk crowd is rewarded for researching blockchain projects that have the potential to change the world.

Designed to be the world’s most inclusive fund, they believe that new financial, economic and political models are needed to deliver financial inclusion for all. With a primary focus on the blockchain industry, the PYNK fund will invest initially on its trading fund powered by their proprietary crowd wisdom and Ai before broadening this to start-up projects, STOs, ICOs, mining operations and projects that are connected to or supported by the blockchain industry.

As Mark Little, CMO of PYNK states:

“We’re particularly excited to be joining the DAIA since the mission and values are aligned with everything we do here at PYNK. We are an impact fund first and foremost, with our crowd-data driving investment decisions. Our crowd is incentivized to direct capital into those tech projects that will scale AND do good for society at large. As such, we’re all about using data and AI to help build a more positive future for humanity. We think that’s a pretty exciting model and so do our crowd members!”

And they have much to contribute as he added:

“We’re building a sandbox environment where others members of the DAIA can come and use our data to help develop their own AI. We’re doing this because we believe in the power of machine learning as a positive force and want to support others that are like-minded, as well as explore potential synergies”

BitSpace

BitSpace is an award-winning Norwegian Blockchain technology company specializing in enterprise solutions, application development and community growth.

BitSpace’s management has over 20 years of experience in the blockchain sector. With cross-sector innovations between public and private domains, their competencies encompasses a wide range of deployments such as commissioned systems and in-house architecture.

By combining Blockchain with emerging technologies such as Artificial Intelligence and Digital Assets they build custom solutions for the future.

BitSpace has a lot to contribute to the DAIA, and in the words of Matthew Bryce, their CMO:

“A large part of our network is in the Nordic territories and we are looking forward to including the DAIA in our upcoming network development initiatives. […]. There are a lot of companies out there who have not yet explored or fully understood the benefits of decentralized artificial intelligence and what it can offer or why they should care for it. Everyone in this Alliance has their own objectives but the more we educate others about this, even in casual passing conversation, the better. People from other industries, different countries and all ages.”

He also shares with us some trends he sees within the industry:

“One trend is the combination of decentralized technology with business applications. Despite conflicting opinions, we believe that it is imperative to educate businesses and people outside of the decentralized world about why they should look towards technology built with this type of model. There is a clear lag time between the traditional business world and what is currently developing within our industry and this gap is increasing each year. We hope by joining alliances such as the DAIA, we can help inform businesses about what is to come instead of what has already passed and create solutions for the future.”

How can you get involved?

Our vision is to foster a world where AI technologies and associated data are made open with decentralized, democratic control for the benefit of all sentient beings.

The immense potential of AI means that it can either increase the inequalities of our societies or liberate us from numerous sufferings. We believe the best way forward is to come together and work practically toward creating a better future. We see a massive potential for evolution in the established centralized corporations. We believe tech giants can contribute immensely toward making the DAIA’s vision a reality.

We are welcoming the participation of those corporations that are sincere about their aim and goal of democratizing AI. The open access networks that have come together to form DAIA, such as Menlo One, PYNK and BitSpace are the enabling such a democratization process.

To learn more about us and inquire for memberships, please contact us at team@daia.foundation.

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