Neuromation will incentive resources for machine learning using blockchain proof of work

Neuromation is creating a distributed platform to service all aspects of future synthetic data ecosystem. The platform will allow users to create dataset generators, generate massive datasets, train deep learning models. Users will also be able to trade datasets and models in the platform marketplace.

They plan to take advantage of the latest trends in blockchain cryptocurrency. All transactions in the Neuromation will be done using their Ethereum extended ECR-20 compliant token. They will engage crypto-currency miners in computationally intensive tasks of data generation and model training. They will be mining our Tokens by performing these tasks instead of mining cryptocurrency.

The enormous computing capacity that will become available on the platform will be game-changing for wide AI adoption by the Enterprise.

Deep learning and knowledge mining employ artificial neural networks of extremely large capacitance and require highly accurate labeling. Collecting large datasets of images, text and sound is easy, but describing and annotating data to make it usable has traditionally been challenging and costly.

David Orban said

I was impressed by the Neuromation team and offered to become an advisor to the project. There is currently no general tool set available that can help use synthetic data at scale. Neuromation is making a revolution by building a critical component of the budding AI eco-system and plan to capitalize on the first-mover advantage: The Neuromation Platform provides an exchange and an ecosystem where participants can either contribute or purchase the components of an AI model. I hope that together we can make a significant contribution to the growth of the deep learning industry and synergy of Blockchain community.

Neuromation sells synthetic datasets for AI training. They create a sandbox environment that will generate virtually unlimited set of well-labeled examples for you.

They charge per image / data point.

Neuromation will announce the pre-sale of its own token on October, 15th.