Dopamine – DOPA ICO Global Platform For Decentralized Data & AI?
Dopamine is a decentralized collaborative processing network for data and AI providers. Find out how it works today in our review.
What is Dopamine?
Dopamine is a decentralized platform where data and AI providers and processors can monetize their intellectual property.
The goal is to build the future of the data and AI industry by offering a global, cooperative, and decentralized ecosystem. Dopamine wants to be the pipeline for rewarding various players in the AI economy, gradually creating a new type of data processing economy.
You can learn more about the platform by visiting online today at Dopamine.ai.
What Problems Does Dopamine Seek to Solve?
Dopamine is one of several platforms seeking to solve major issues in the AI ecosystem using blockchain technology. Like other platforms, Dopamine recognizes a central problem in the AI industry: most data and AI intellectual property is owned by deep pocket firms. This leaves smaller enterprises with highly expensive end to end services, which means independent developers and small IP-related firms struggle to stay competitive.
This is forcing AI technology into the hands of an exclusive few corporations. The barriers to entry are too large, which means smaller providers cannot compete.
Dopamine wants to democratize the AI and data ecosystem by creating a marketplace where each provider is rewarded granularly according to its data or service demand. This creates a more equal marketplace where IP can be shared among the community at a competitive price.
The unique thing about Dopamine’s ecosystem is that companies can make their IP available for collaboration without actually revealing their original IP.
How Does Dopamine Work?
The core function of Dopamine is to create a marketplace where AI and data market participants can share IP and collaborate without actually revealing their IP. These market participants receive payment in exchange for use of their IP, but they don’t have to give up control of their IP to gain a reward.
As more and more data and AI providers offer their services on the Dopamine network in exchange for rewards, the Dopamine network will allow consumers to create a pipeline to solve new challenges.
Key functions of the Dopamine marketplace include:
- No need to pay a giant firm or deep pocket corporation to solve your AI issues
- No fees
- Maximum collaboration
- Maximum competition
- Never sacrifice your IP
Dopamine emphasizes all of the following features:
Data is obviously a valuable commodity for training AI systems. The Dopamine ecosystem rewards different data providers for training the same system.
AI systems that have been trained on a certain task can be reused for another task. When one group reuses another entity’s AI system, the Dopamine ecosystem will reward that collaboration – all without the need to reveal the original entity’s IP.
The Dopamine system enables different AI-based entities to collaborate and find unique solutions to complex challenges. This means contributing entities reap rewards while still retaining their intellectual property.
Dopamine’s ecosystem will reward data and AI providers and processors based on their tool’s successful ability to solve specific problems. This incentivizes different entities for reaching shared goals.
How Do DOPA Tokens Work?
Dopamine tokens, or DOPA, will be the only supported cryptocurrency on the Dopamine network. The DOPA token acts as a reward for collaboration and problem solving over the network.
The website and whitepaper mention no information about a DOPA token sale or ICO. However, the tokens will likely be released through a token sale in the future.
Who’s Behind Dopamine?
Dopamine was created by Uri Yerushalmi, PhD (Managing Founder), Xiuyuan Zheng, PhD (Algorithm Architect), Tal Heletz (AI Developer), and Avraham Mahfuda (Full Stack Developer).
The Dopamine Network aims to be the first ecosystem for decentralized collaborative processing networks (DCPN). It protects each participant’s IP while providing an incentive structure that encourages collaboration and problem solving in the AI community.
The goal of Dopamine is to democratize the AI and data industry, which has become increasingly dominated by deep pocket corporations. Smaller providers struggle to compete, and the industry is quickly becoming a monopoly.
To learn more about Dopamine, visit the dev team’s official website today at Dopamine.ai. A token sale has not yet been scheduled, although we expect an ICO for DOPA tokens to take place sometime in the future.