Nebula AI — APRIL 2021 AMA Monthly Report
On May 4th CEO, Charles Cao hosted our AMA Session for April. These are the highlights of our progress and future plans from the meeting.
Development Progress
1) NBFS Pool Development Lots of Development in April
- Support NBAI Deposit and Buy hash product .Entire team is busy working on this
- Billing of Space Race :The Filecoin hash product sale happened last year. token distribution was done early this month. The distribution of the yearly mining reward will be done in May.
- Users will be able to purchase Chia in May. the development of this project will be completed in 2 weeks.
- We have established that 540 days or 360 days will be the same frames for our product contracts.
- NBFS Pool now support three different forms of payment: USDT, Filcoin, and NBAI.
- User can use a NBAI gift card to add funds to your NBFS Pool account. The gift card can be purchased with Filecoin and USDT. After you purchase the gift card, you will enter the code into your NBFS account to redeem the funds. Target delivery date Q3
2) Filswan Development
- Reputation System Re-factory is now in accordance with the requirements set out by the Filecoin team.
- We are working with Fil+ to become the designated platform for distributing data deals. Further development on this project is expected to take place in the next few months.
- We have started S3 and Orion Integration with the Filswan system. You will soon be able to run machine learning programs on Filswan. Filsawn has the same payment methods as NBFS Pool, which includes NBAI payment and Filecoin payment.
3) Chia Mining Development
- We have set up hundreds of servers to support Chia Mining. We have already mined 6 coins and planning on mining more. There is a delay in the delivery of the servers from the US and Canada due to COVID-19 and the supply chain.
Business Progress
- We have work with Filecoin to upgrade all of the nodes to 1.8.0.
- The NBFS POOL has more than 15K Filecoins.
- NBFS is registered as an entity in Toronto. Our Toronto office has officially start operation.
- The 2nd DC Contract was signed in Montreal. Operation will start before the end of May 1st.
- The Shanghai office registration in progress. Registration should be completed by the end of May.
- We have sold 8PB Chia mining Power.
- Two PR managers:
Annie Duan and Lauren Perozek, have been hired. They are in charge of generating content for the following projects: NBAI blockchain, Bounty Development, and Filswan. They are also managing our wechat group and telegram community.
Future Plans
1) Marketing Plan
- We will continue to manage social media and PR with Filecoin team. Charles has been appointed as an ambassador for the Filecoin Foundation. He will be participating in building the Filecoin community.
- More content about our products and ourselves will be posted on Facebook, Twitter and other channels. This is to be expected to start the second week of May.
2) Listing Plan
- We will start our listing application before the end of May. We plan to target the big exchanges and redefine the value of the NBAI coin.
3) Bounty Plan
- Designing the Bounty plan will start the 2nd week of May.
- 10 million NBAI token will be allocated for bounties in Q2
4) Growing NBAI Pool
- Our target is to growing up the pool size to 1.5 PB in Q2. We have already built a 1 PB size Pool
- Software and hardware will be added for Chia mining support.
5) Hiring
- Our current team is composed of 13 developers. We are hoping to add 2 more to our team by the end of May.
Q&A
Q: When listing?
A: Although the listing application will start before the end of May, it will take 2- 3 months to be listed. There are fees associated and other work that will need to be addressed before being listed.
Q: How is the Progress of Filcoin Development?
A: Development of Filecoin has been going well. We have remained in close communication with Filcoin’s PR team. Given the large scale of this ecosystem project, we are working on it collaboratively.
Q: Reference from Doge experience?
A: We did not receive a reference from Elon Mush nor Bill Gates.
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