Here is the translated version of the most recent ama
Topic: Blockchain + AI is sparking, how Multiverse will break the monopoly of technology giants on AI
Time: 2021/06/24 (Thu) 20:00-21:00
Location:
https://t.me/BlockchainintwGuest: Su Wanwei – Head of Marketing Strategy
Host: Penny
Today’s event will be divided into 3 stages
Q&A: Guests answer questions collected in advance
Asking questions: free to ask questions from community friends
Responding: Friends from the community rushed to answer questions related to this event
The first stage: Q&A
Multiverse guest background history
Hello everyone! I am Su Wanwei from Singapore and I am the head of marketing strategy at Multiverse.
Let me briefly introduce my background. I entered the field of emerging technologies and startup companies in 2014. Since then, I have made my own small contributions to the blockchain field as a lecturer, judge, hackathon organizer and marketer.
I joined Multiverse nearly two months ago because I found Multiverse's vision compelling and I want to contribute in my own way. I am very happy to be here today to communicate with members of the grenade community!
Q1. What is the vision and mission of Multiverse? Why did you want to integrate with blockchain technology in the first place?Multiverse is a decentralized artificial intelligence ecosystem that enables the community to easily fund, train, and deploy machine learning applications (planetary) through its own customized tokens and decentralized economic system. This is done in a low-code environment, with the lowest technical barriers to entry.
Multiverse’s vision and mission is to enable promising individuals and groups to become leaders and build planets so that they can influence local or global communities. This has nothing to do with location, race, education, coding skills or bank status. Consistent with our vision, we chose the word "Multiverse" because it is a name that stimulates imagination. In addition, it is also easy to remember.
As we develop and continue to provide good services to our users, we believe that there will be an entire practical planetary economy that can contribute to making human life better, both inside and outside the multiverse.
The reason we want to integrate with blockchain technology is because each planetary project has its own characteristics, which are initially determined without code, and then automatically converted into Multiverse smart contract code. There is no need for initial coding, and it also eliminates engineering and code audit related costs. Therefore, the combination of AI and blockchain technology is very important.
These economies are powered by our low-cost DEX. The main token of Multiverse is AI token (symbol: AI)
Q2. How does Multiverse actually work? You have a very special concept of "planet", can you explain it more for us?Multiverse AI projects implemented by third-party developers are called "planets". Each planetary project has its own token, product, DEX, economy, governance, leadership, and inflation/deflation rate.
Within two months of launching the Multiverse platform, we have received proposals from more than 50 planets. These proposals range from food exchanges in local communities and gambling forecasts to insurance risk forecasts, touching all aspects of our lives.
With the development of Multiverse, more people will become planet founders and build meaningful and prosperous planets; more people around the world can make a living by doing planetary work. This is especially important because sometimes local jobs are limited in certain areas.
Q3. Multiverse uses a unique algorithm Quokka. What is its main concept?Quokka is our proof-of-stake blockchain, designed from the ground up to support high transaction load and anti-censorship.
Quokka's cryptographically secure verifiable ledger is our high-throughput blockchain. It is optimized for machine learning artificial intelligence and is immutable, decentralized, transparent and environmentally friendly.
Quokka uses parachains to achieve high transaction rates and fast final results, which are required for high transaction rates, censorship resistance and a high level of decentralization, exceeding the limits of ordinary BFT validators.
Q4. May I ask how the AI coin and the total amount of tokens of each planet are distributed, and what are the main functions of the tokens? ?The code name of our token is AI. Here are the details about the composition of our tokens:
50% | Assigned to mining, node and on-chain network rewards
25% | Assigned to team members and developer community
12.5% | allocated to private placement
12.5% | allocated to the foundation to promote activities in the multiverse ecosystem
Multiverse users (currently we have 335,000 registered users) can use AI tokens to invest in planets, purchase planetary services, or just hold AI tokens for a long time.
Q5. If I want to subordinate AI in Multiverse today, what actions do I need to do?To subordinate AI in Multiverse, you must first make a planetary proposal. You can submit a short proposal, including the following
Planet project name : Remember that your AI planet project will have its own tokens, economy, governance, workers and citizens
(you can vote to decide governance) so remember to choose a good name!
A brief description of the project : including what the planet’s goal is and who the target market is.
You want to be the name of the user associated with the project as the founder : currently, you do not need to bet any AI tokens on the planet proposal. Multiverse accelerator and our supporters will invest in your project in the early stages.
Basic token statistics : number of tokens, inflation rate/deflation rate, and token name/symbol (can be changed later). Regarding the token economic rules of the respective planet, this can be just a rough number, and you can adjust it later.
After completing items 1-4 above, you can send your proposal to us,
[email protected] . In the near future, we will provide a form on the website so that the submission process can be smoother.
Q6. What development plans will Multiverse have in the second half of the year?Wow, for this question, I can only give you a rough idea! The blockchain field is changing really fast. For us, we have to make adjustments whenever we need it.
From a technical point of view, in the remaining six months of this year, we plan to launch our tracking function, Quokka blockchain open source validator instructions and client, and at the same time release the Ai30 token standard for Multiverse project tokens.
Regarding the marketing plan to expand the user base and gain more adoption, we have a great community plan whose members have been following us since 2017.
In addition, we plan to do localized publicity and provide education on emerging technologies for our planet workers. This is how we improve and attract cryptocurrency participants to understand the multiverse project.
We look forward to your continued support!
Phase 2: Asking questions
Q1: So far, what is the difference between the so-called "AI Planet" and the issuance of a new token project? Are there any unique advantages?The difference and competitive advantage of the "Planet Project" in Multiverse is that the planet project can use our Multiverse Fund or our low-code platform, which means that if you want to do an emerging technology project, such as artificial intelligence and With blockchain, you don't have to worry about complicated code at all.
I want to take Taiwan as an example. The innovation of Taiwanese is something that every Singaporean knows and yearns for.
Even if you are a poor student, you only need a good idea and you can start an amazing new technology company ("Planet Project") on Multiverse. Our goal is to break the traditional technical barriers, such as the need for a lot of funds and a good social network, so that everyone can build a planetary project
Q2: Multiverse feels quite complicated. Can you briefly describe your ultimate vision?So Multiverse's final vision is a relatively equal world, because everyone is doing emerging technologies and technologies, and the threshold is very high, so what we have to do is to lower the threshold so that people from all over the world can participate. In our new world, everyone knows that the world is changing all the time, and I think the world we are going to step into in the past five or ten years depends on ideas, and we can move forward together with good innovation. So in simple terms, this This is the ultimate vision of Multiverse.
Q3: Are AI tokens traded on Quokka's blockchain? How do we participate in mining?Currently our AI token is ERC-20, which is on the Ethereum blockchain.
Our Quokka blockchain smart contract has been audited by a Tianwan company. It is a very fast and secure agreement. Quokka's primary purpose is fast, safe and low handling fees.
Q4: I want to know how tokens and artificial intelligence are combinedWhen the planet and the planet need to work together, the currency of transaction payment needs to use AI tokens
There are many smart contracts on Multiverse, and smart contracts all use AI tokens for transactions
When a planet has its own project, it needs to use AI tokens first, and then exchange for the planet’s own tokens
Q5: Is there a burning mechanism for AI tokens?We don't have a destruction mechanism because we are a decentralized concept. We have noticed that the destruction mechanism is usually provided by more centralized blockchains and projects, so we don't have this mechanism.