DML Algo Marketplace Beta Preview Demo and TGE will end at 16:00 UTC+0 on 22 Apr

Decentralized Machine Learning

Published in

Decentralized Machine Learning

3 min readApr 21, 2018

Dear DML Community,

DML Algo Marketplace Beta Preview Demo

Today, we have Jacky (our Co-Founder, Blockchain and Software Developer) to give us a preview of the upcoming DML Algo Marketplace Beta which will be launched upon the completion of TGE on 22 Apr.

DML Algo Marketplace Beta Preview by Jacky

One of the important features for DML Algo Marketplace Beta is to issue different bounties (jobs) to crowdsource machine learning algorithms. Jacky has demonstrated how it works from a customer perspective, of which the customer will submit a request and specify the bounty amount (in DML token) in the marketplace interface. Smart contract will be implemented at the backend to escrow and distribute the bounty when the developers complete the request by submitting machine learning algorithms.

With the aid of smart-contract based DML Algo Marketplace, any developers can submit their machine learning algorithms to the marketplace for sale in a trustless environment, of which innovations and creativities are unlocked.

Our DML Algo Marketplace beta is expected to be online on schedule i.e. upon the completion of TGE.

During July to August 2018, we expect to launch our DML Protocol Gen 1 Beta (on-device private data decentralized machine learning).

If you would like to understand more about DML, please refer to DML Official Channels with numerous materials available including our whitepaper, video explainers, articles and keynote explanation deck.

TGE will end at 16:00 UTC on 22 Apr

Our TGE will end on 22 April 2018, 16:00 UTC +0. As per our smart contract setting, unsold tokens will not be generated, and TGE will end exactly on the stated end date and without any delay.

TGE-Ecosystem-Bonus

To recap, we have already reserved 6% token (of 330,000,000 DML Tokens) for our TGE-Ecosystem-Bonus distribution exclusively for token sale participants. These are being reserved for token sale contributors to claim their bonus by downloading and running our DML App (DML Protocol Gen 1) to build up the network effect.

In addition, any remaining TGE-Ecosystem-Bonus tokens (“TGE-Ecosystem-Bonus Pool”) will be reserved and distributed proportionately (to the base price, 3,780 DML/ETH) to eligible contributors who download and run our DML App. Currently, the additional bonus in our TGE-Ecosystem-Bonus pool to all token sale participants is expected to be around 30%.

Thanks once again for your support. We have already secure enough resources to kick start DML. For any extra resources we secure, we will stay focus with the aim to make our DML protocol better, as well as to enhance marketing engagement and publicity work of the project.

Our token sale will be closing in around 20 hours. The token sale is only opened to whitelisted participants.

Cheers,

DML Team