MAGNUS COLLECTIVE - the World's first Dual Token Robotics and A.I. ICO built on two platforms

MAGNUS COLLECTIVE - the World's first Dual Token Robotics and A.I. ICO built on two platforms - Ethereum and NEO

Agustus 07, 2018

Magnus has been created to define the universe of Robotics and A.I. automation for organizations. It is also the World's first Dual Token Robotics and A.I. ICO built on two platforms - Ethereum and NEO. Magnus is the first truly decentralized network of intelligent A.I. agents, Robots, Sensors, hardware and humans creating a global market for knowledge, skills and processing power.

Magnus is the first truly decentralized network of intelligent AI agents, Robots, Sensors, hardware and humans creating a global market for knowledge, skills and processing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Magnus altogether changes the way Intelligent agents, human agents are organized and executed. By powering decentralized microservices and asynchronous task execution, Magnus is set to become a key building block for future web of IOT-Devices, AI-Agents, Human Programmers and Hardware. And, by substantially lowering the price of computations, complex applications such as object recognition path planning , and machine learning based skills become more accessible to everyone on the Magnus network.

Magnus connects agents( AI programs, Humans, Hardware and Sensors) in a peer-to-peer network, enabling both application owners and individual users (“requestors”) to rent resources of other users’ (“providers”). These resources can be thought of a Sensors-As-A-Service, AI-Processing-As-A-Service, Information-As-A-Service and Skills-As-A-Service .

WHY BLOCKCHAIN

Blockchain, which gained prominence with Bitcoin, has proven that by combining peer-to-peer networks with cryptographic algorithms a group of agents can reach an agreement on a particular state of affairs and record that agreement without the need for a controlling authority. Combining blockchain with other systems, such as robotic swarm systems or AI collectives, enables the group to be autonomous, flexible, more secure and also collaborate without any friction.Blockchain technology demonstrates that by combining peer-to-peer networks with cryptographic algorithms, a group of agents can reach an agreement on a particular state of affairs and record that agreement in a secure, verifiable manner without a central authority.

WHAT IS THE UTILITY OF THE TOKEN

We have a fulling working unit of the Magnus Blockchain network which you can use to purchase A.I. and IOT services using the Magnus Tokens. Participants who have acquired the Magnus Tokens can now start using this to access our services.

LONG TERM VISION FOR THE ECONOMIC LOGIC

The Collective has four long term goals.

The first goal is to create a highly useful hub of Robotics, AI, IOT, Humans and cloud systems.
The second goal is to accelerate the development and use of Robotics, leading to service economy where individuals and organizations can lease robotic services using the Magnus Token.
The third goal is to create and bridge an open exchange between different entities that are developing at a rapid pace in the last decade in BlockChain, Ai, Robotics and cloud computing. Currently most of the new players are operating in silos or islands - And Magnus is attempting to change this.
The fourth is to create a network effect of good will and innocation within the collective which will lead to accelerated technological progress and economic developmen

Magnus Collectiveis a decentralized, open network. One of the core founding principles of Magnus is that - it welcomes any entity on the collective irrespective of location or size of the Actors entities.Anyone will be able to use or provide collectiveservices on the network. It is a free-to-use, and, permission-less market. So this in effect will enhance and increase the acceleration of adoption in the Robotics innovation - including opening up new entrants from the international community irrespective of location or other constraints.

TOKEN SALE ECONOMICS AND DISTRIBUTION