Endor Token Distribution

MAKE ARTIFICIAL INTELLIGENCE PREDICTIONS ACCESSIBLE TO ALL

Introduction

Today, the power of predicting the future is exclusive to tech-giants who invest millions of dollars in building strong internal data science teams, as well as acquiring proprietary data sources.

After years or research at MIT, Endor invented the “Google for predictive analytics”, providing automated AI predictions for companies. Endor enables business users to ask predictive questions, and get automated accurate predictions. No data science expertise is required.

Now, powered by Blockchain and MIT’s novel Social Physics technology, Endor introduces Endor.coin to further democratize access to Artificial Intelligence and predictive analytics. Endor.coin is the world’s first predictions protocol, enabling an ecosystem that provides automated, accurate, affordable and censorship resistance AI predictions for Individuals and the long tail of Businesses.

Endor.coin Decentralized Protocol

Endor is a decentralized protocol, just like Ethereum is. To better grasp this notion you can look at is this way:

• Just like TCP/IP is the protocol for the Internet of information — enabling peer to peer exchange of data-packets, and Blockchain is the protocol for the Internet of transactions — enabling the peer to peer exchange of assets, Endor is the protocol for the Internet of predictions — enabling anyone to improve it, by plugging in new prediction engines!
• Furthermore, this will be actively encouraged through financial support provided by the tokens reserved for this point.
• This is made possible due to the open source nature of our protocol which invites the community of experts and entrepreneurs to continuously improve it (=new prediction engines) and build new businesses on top of it (=catalysts).
• Just like one can build new applications on Ethereum, anyone can use Endor to create new businesses. However the Endor protocol goes even further — to be a truly open source protocol which anyone can enhance with new algorithms — this for Ethereum can be done only by the inner circle of leading developer aristocrats… In Endor, anyone can do it, by plugging their engines to the protocol, and having the protocol’s open source code form a meritocracy of technologies.

To achieve this vision, the Endor team have employed a token model that incentivizes with 80% of the coins (EDR) those who contribute the most to grow the technology and business, as follows:

• 15% of those coins will be used to incentivize researchers and scientists to create better algorithms that will be added to the Endor library. For this, we are now negotiating a strong long-term alliance with a leading academic institute, aiming for securing ongoing improvement in the quality of predictions, prediction types, and data types supported
• 25% of the coins will be used to incentivize entrepreneurs to build new applications that will benefit from our prediction engine, such as new blockchain enabled insurance models, predictive eHealth and personal medicine, optimized services for small business seeking to better use existing advertisement service, innovative marketing models on blockchain, and so on.
• 20% of those coins will be used to form strategic partnership models that will ensure that the value of our product increases — through making it the de-facto prediction standard on blockchain. These may include for example establishments of Bancor Relays (providing liquidity), ORBS Nodes (onboarding data to Endor.coin Protocol, and providing access to prediction for the ORBS Federation), and so on. In all of these examples EDR tokens will NOT be liquidated, but rather would act as a security for the overlaying services.
• 20% marked as “team and advisors”: 10% of the tokens are being allocated to the company’s team and advisors, while additional 10% is kept in reserve to continuously attract the very best.

Today, Endor already supports banks and retailers based on THEIR data, THEIR predictive questions, and Endor Social Physics Technology, through an expensive yearly license (see https://www.endor.com/#Partners). Going on Blockchain will enable to further democratize predictive science through SHARED data, SHARED predictive questions, ADDITIONAL predictive engines using the Decentralized Social Physics protocol, and proactively incentivizing an eco system of top notch researches, academia scientists, entrepreneurs, and partners to build THE first ever platform for predictive science.

​Thank you for sharing our vision and joining us in this amazing endeavor!

Sincerely,

Dr. Yaniv Altshuler