TaaS Partners with Neuromation, The Universal Marketplace Of Neural Network Development
October 26, 2017 – Kyiv, Ukraine – Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund, has sealed a major partnership coup, linking up with Neuromation, a platform of distributed computing for retail and data-miners.
It’s a significant win for both the Neuromation team and TaaS investors, allowing token-owners to capitalize on the rise of blockchain markets without engaging in the inherent risks and technical barriers associated with owning, transferring and trading cryptoassets.
This partnership will see Neuromation gaining advanced access to crypto-markets, giving the Neuromation team a significant edge over their competition. It will also challenge TaaS and Neuromation to explore new ways to enhance and strengthen synergy in the blockchain space.
Neuromation CEO, Maxim Prasolov, said, “ We are delighted to announce this deal in partnership with the TaaS fund. Combining the new digital frontiers of Blockchain and AI we are spreading the technological synergy to industrial and trade processes. Today AI development is costly, therefore its wide usage and implementation are slow. Neuromation offers a revolutionary solution to unite distributed computing power with the needs of thousands of deep learning projects and b2b clients all over the world. As a producer of synthetic data and trainer of neural networks, Neuromation is the first client of its own platform. Using this complex solution we have already achieved significant progress in our Retail Lab, providing image recognition services to major retail brands. We believe in the fast-growing economy of tokenization and our platform will be an integral part.”
This strategic agreement also comes at a perfect time for Neuromation, with its Neurotoken Pre-sale launched on October 25, 2017, right after the announcement of the partnership with Hacken, aimed at auditing and improving the security of its code and cloud infrastructure. Tokens issued during the Pre-sale phase are offered with a 25 percent bonus in Neurotokens for the investors through the whitelist.
The Token sale will be held on November 28, 2017 – January 1, 2018. The total amount of placement is 60,000,000 Neurotokens, with a capital target of around $17 million. No additional tokens will be issued afterwards, and all unsold tokens will be burned.
Ruslan Gavrilyuk, President and CEO of TaaS said, “Neuromation is focused on developing AI and deep learning. From this perspective, deployment of the Neuromation platform on blockchain technology is essential. TaaS sees it to become the keystone of the future success of the project. This partnership and further cooperation would become an area of great promise potential for both parties,” .