Nebula AI — March 2021 AMA Monthly Report

Nebula-AI
Nebula-AI
Published in
4 min readApr 10, 2021

Nebula AI hosted the AMA session with the community on April 2nd, 2021. Charles Cao gave the community progress updates and the future plans. Charles presented the AMA in both English and Chinese. This is the summary of the meeting.

Development Progress

  1. Swan payment function will be online in two weeks; it will support NBAI and FileCoin Payment.
Filswan Payment

2.We are continuing to improve our Reputation Ranking System to provide a ranking for all active miner across the world.

3. Filswan Python Package install support will be available, it will improve our user experience.

4.All Miner using our Fileswan platform will get a 10 fold FileCoin computing power, on average each order would save our clients around 1 to 2 FileCoins

2. Business Progress

1.Work with FileCoin with their Version 1.6 release. NBAI Wallet 1.1 version has been online too.

2.Contract negotiation with Toronto AI Company in place, they had initial plan of purchasing our AI computing instruments.

3.NBFS Pool has already given out rewards for our VIP clients in March. All clients would receive rewards before April 15th in the form of FileCoin.

4.Toronto office would be opening soon, it would cover the ground of all major English-speaking cities in Canada. US branch in development as well.

5. Filswan has already handled more than 10000 orders of FileCoin data total size over 100 TB.

6.Received funding from Investment Quebec.

7.Partnered with Athensoft Informatique. We will provide them data storage service in education related business.

8.Participated in an AI project lead by Chinese ministry of Science and Technology and Quebec ministry of Technology using the algorithm developed by McGill University to predict cancer. NBAI would provide a platform for Chinese and Canada to safely exchange data.

NBAI Coin will be delisted from Coinbene on April 26th. We are planning be listed on other big exchanges in the second quarter of this year. For all the affected client, you could follow the steps below, to transfer your fund from Coinbene to your NBAI wallet.

We will provide a video tutorial on our social media (Wechat, Twitter etc.) for our clients before April 15th.

Future Plans

Marketing Plan

We will hire 2 marketing manager, one in Canada and one in China. They will manage social media community and PR with Filecoin team, as well as responsible to the weekly post and update all the projects’ progress.

Listing Plan

We will start the listing application before end of April: We are targeting on big exchanges, our goal is to redefine the value of NBAI coin.

Bounty plan

10 Million NBAI token will be allocated for bounties in Q2. Bounty plan is designed for the following category

  • Content Creation
  • PR in community
  • Tools development

Growing NBFS Pool

Our Raw Byte Power will increase up to 1.5 PB in Q2; As the only commercial institution in North America, we have already closed the deal with several Exchanges for purchasing of our computing power. We are confident that we could have a dominant role in the NA market.

Q&A

Mr. Cao showed how to download the NBAI Wallet and answered all the questions from the community.

Q: Why do we need to be listed? Why not use the resources to improve the true value of NBAI Coin?

A: Personally I agree with you. But at the same time there are a lot of voices in the community that would like NBAI Coin to be listed. I feel the need and pressure from the community. The company have a healthy cash flow at the moment for completing the application of listing, NBAI will choose the proper time for listing. I agree that the listing action itself would not generate real value for NBAI Coin, but I respect the need of the community. When the usage of NBAI coin goes up, the market value would go up with it. Our goal is to increase the value of NBAI coin by our work and make our client to own and trade our token more easily.

Q: How can we seek help if we ran into trouble when moving our fund from Coinbene to NBAI Wallet?

A: We will post a detailed video tutorial on our social media platforms before April 15th. Unfortunately, we could not personally support each client that runs into problems, but as I have mentioned before, we have bounty program in place. If you run into problem you could get help from our community, and we could give out bounties to the user that actively helped others in our community.

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Nebula-AI
Nebula-AI

Nebula AI is a Montreal based decentralized blockchain platform integrated with Artificial intelligence and sharing economics.