Topic: [ANN][ICO] | LANGNET | Strategic partner of Oracle APAC (Read 608 times)

Check out the new blog post to find out the value of LANG + why we "mine" voice data

Hi cattano :-)
Yes, in the future, we hope to also provide services of NLP model marketplace and voice-id authentication which are crucial parts of AI virtual assistant.

Thank you for the support!

Hey disbil :-) Thanks for the question.

The focus of our project is to help those developers and startups build high quality voice recognition app that integrates AI by crowdsourcing audio/voice data that they can use to train their AI models. Simply put, we are aiming to be a  language data resource network (check out our blog post to understand what resource network is!)

Hi josephmarks!

Yes, we currently have bounties going on!

1. LangNet Telegram Bot

Check it out: https://buff.ly/2JcCoDx

Check out this video that shows how to use LangNet Telegram bot: https://www.youtube.com/watch?v=GbZTTMvjWFc&feature=youtu.be

Contribute your voice and earn LANG tokens with LangNet telegram bot

2. translation bounty: For more detail check out our bounty page



In the upcoming weeks, we plan to have the following bounties:

- Referral Bounty Campaign
- Translation Bounty - Phase 2
- “I Am A Movie Star” - Bounty Campaign

Make sure you follow our social media channels to be updated on the bounties

no worries! Please feel free to ask us any question! we love your input!

1. LangNet at Consensus 2018 in NYC
2. Token dashboard LIVE & hits 13K+ total recordings
3. LangNet to deliver speech recognition course for professionals

Thanks Nagasaki for the support!

Our developers are indeed very qualified and they are working very hard to make it all happen :-)

hi murphysProphet!

To address the issues of mirco-transactions for both mining voice data as well as payouts from the Reword Pool, we propose to use an ethereum-based sidechain called the LangNet chain. Data contribution and reward pool payouts are executed on the LangNet chain while consumer token lockups are executed on the public ethereum blockchain.

We provide one on one convertibility via Atomic Swaps between LANG and the LangNet Chain's xLang for value preservation and state verification between the two blockchains. The LangNet chain uses a Proof of Authority(PoA) consensus algorithm which allows new nodes to sync their state and send transactions.

Hope this answers your question :-)

Thanks dienvuong920 for the interest

Feel free to ask us any questions and stay updated on our progress!

Hi LaScuderia. Thanks for the interest. You ask an excellent question!

First of all, it is hard to manage fees for small transactions. Therefore, in the case of micro-transactions, we are using a Ethereum-based sidechain called the LangNet chain(PoA), which does not generate transaction fees.

Please let us know if you have additional questions!

"No, we’re not a decentralized AI marketplace"

Check out this blog post by our CEO Rob Lyu about Who LangNet is and What we do

thanks fionoa for the interest!

Thanks Namyri

Hi Ilyli!

We are aiming for an ICO at June.

Check our whitepaper for more detailed roadmap: https://docsend.com/view/yhgsjhn

Or you can also check our Product Roadmap: https://trello.com/b/PyS8KViO/langnet-project-roadmap

Hi again, Andeze17!

We have finally released our white paper: https://docsend.com/view/yhgsjhn!

Please take a look

The project really seems interesting and promising. Energy resources that are valued around the world

Hi french_andrey!

Thank you so much for taking interest in our project!

You understood correctly!!! We will pay users for their voice data and companies who need the voice data will buy it from us. 

For starters, we aim to collect the following languages (and will gradually expand into other languages) :
English
Chinese
Spanish
Russian
Japanese
German
French
Arabic
Hindi
Portuguese
Italian
Indonesian / Malay
Korean
Vietnamese
Persian
Turkish
Hebrew

Hopefully you speak one of these languages !

We have a working prototype in a telegram bot format. Try it out: https://t.me/LangNetwork_Bot (it's quite fun in my opinion)


Regarding the valuation of the data:

Users receive tokens for validated audio recordings on a per second basis, and the payout for each language halves whenever a block of 10,000hours is accumulated.

The mining schedule front loads payouts and rewards early adopters with more tokens. As data are accumulated and more use cases covered for that language, the marginal value of additional data decreases, so less tokens are paid out per period. However, accumulation of data increases the value of the network, putting upward pressure on the price of LANG tokens. Moreover, contributing to languages for which data are not being accumulated will become increasingly lucrative as the price of LANG moves up, attracting more contributors to languages that lack data.

DaeWon Baek was a Sales VP at VoiceSignal (acquired by Nuance Communications for $293 million), where he spearheaded efforts to get speech recognition embedded on Samsung, LG and other mobile devices and personally drove $120 million of new revenue

thanks licola.cocacola12

This is kind of interesting, Perhaps in the future it also can be used as some kind of virtual assistance for everyday need.
So i wish you a good luck for the best project.