The blockchain technology is revolutionizing the world with its new uses. Many companies are using new blockchain solutions for old problems and one of these projects is called Consensus. Today we are going to review this company. Will Genesis be a good investment for you?
What Is Consensus?
Consensus AI is a new project launched that has many people excited. The main objective of this new project is the creation of a decentralized artificial intelligence (AI) to be used in collective governance. This means that the company is creating a software to help democracy become democratized and participative on the internet.
As the world gets more and more complex, our systems of governance are falling apart (or at least that is what Consensus states). The company believes that governments and economic sectors will start to use more decentralized mechanisms to solve the problems that the current mechanisms cannot solve alone.
Because of this, the company that founded this project decided to create a solution for this emergent problem. By using blockchain technology and artificial intelligence, Consensus plans to solve these issues with the construction of systems that gather feedback about policies and solve social issues.
How Consensus AI Data Driven Collective Governance Solution Works
Consensus is an open source and decentralized artificial intelligence project which has been launching a platform. The platform will use SEN tokens as a cryptocurrency and base of the system.
The central idea is that, in its final stages, Consensus will be able to produce democratic solutions by consensus using data. This is a very complex objective (and a very difficult one to actually manage to do), so the company has already developed a roadmap to explain the development to possible investors.
Consensus is based on three main components: the Sentient blockchain technology (which is Ethereum-based and it will enable decentralized machine learning), a research platform and the Consensus AI Advisor, which will be an AI that will run on the blockchain network to decide and understand the data and be able to take the necessary decisions.
Within the next months, the company plans to release Genesis, a platform which will use the Sentient blockchain to connect known eID providers and release its decentralized AI. This will be the beginning of the project.
The Awakening platform will be released in 1-2 years and it will act as a research platform and an AI advisor to Consensus. During the following 4 years, the company will develop its software and finally release the final version of Consensus sometime in the far future, or at least that is its plan.
How To Invest In Consensus SEN ICO?
At the exact moment of this report, you are still unable to invest in Consensus. This company has not divulged an exact date for its Initial Coin Offering (ICO). If we actually know of some new information about Consensus like the possibility that this company might be releasing an ICO for investors at a certain date, we will update you, so follow our blog to be sure of that.
What we can tell right now is that the company is making free airdrops of its tokens. You have to register in Consensus’ site and you will receive 400 tokens (plus 200 if you follow the company on Twitter). This is probably a stunt to get attention and announce the ICO soon.
Is Consensus an interesting platform? We can surely say that it is. This platform, if it really works, can change the future of the world. Will it, though? That is surely a lot harder to actually be able to say. While the company’s plans look great, its final goal is really ambitious and it can be really hard to complete, so it is impossible to be completely sure right now.
The founder of Consensus, Oleg Gutsol, does seem to have experience and a great plan, but does he have the necessary technology? That’s impossible to say. In any case, the company is distributing tokens right now, so you’ll lose nothing from actually taking them.
Did you like Consensus? If so, we would say for you to keep an eye on this company because it might be an excellent company to invest in. While it might not reach its most ambitious goal, it might still be valuable in any case.