Kepler Technologies – Paving the Way for Artificial Intelligence and Robotics Innovation on the Blockchain

Brian Yim · February 20, 2018 · 5:30 pm

Robotics, Artificial Intelligence, and cryptocurrencies are some of the most exciting technologies of our lifetime. Could Kepler produce something even more incredible by combining these innovations?

Kepler – Decentralized AI and Robotics

From vacuum cleaner robots to autonomous drones, robotics is becoming increasingly important in our society. Despite this, Robotics is still a relatively small $80 billion industry, with projections indicating that it will triple in size over the next few years. Many think that the emergence of robotics technology could have the same effect on the world the internet did – it could potentially revolutionize our daily lives.

Kepler Technologies is developing the world’s first decentralized ecosystem for Artificial Intelligence and Robotics development. The platform will be completely decentralized and will rely solely on meritocracy and public opinion. By connecting talented developers in both of these fields with investors, the barriers to enter these markets will decrease drastically. This will be highly beneficial for investors that lack knowledge, and for small companies hoping to enter the robotics and artificial intelligence market.

Project Kepler aims to build a state-of-the-art production facility right at the heart of Georgia, a historically well-connected location for trade. Its proximity to China allows for reduced labor costs, and the government of Georgia is currently offering incentives for new startups and companies in the country. This includes land at extremely reduced costs and tax exemptions for multiple years. The factory will be used to produce robotic parts and components, and other smart devices that the company is currently developing with other pioneering companies and universities, including the University of San Diego.

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Kepler Projects

The Kepler Projects currently has several plans on the horizon to revolutionize the industry and monetize it, the least ambitious being the Kepler Universe Platform.

The Kepler Universe Platform is a platform that aims to provide a convenient way for inventors, developers and innovators all around the world to upload high-tech projects and proposals to seek for funding and investment. It will provide an opportunity for experienced professional developers and investors to connect – developers will be able to share their insight and skills with other projects. The platform will be backed by smart contracts on the Ethereum blockchain. By ensuring all transactions occur on the blockchain, refunds can be guaranteed in the event that a project fails to reach its funding goal.

Apart from the Kepler Universe Platform and the aforementioned Kepler Factory, the company is also planning to build a laboratory. This laboratory will be integral to Kepler’s vision that they should possess their own products, and thus, they are planning to establish a laboratory to develop other high-tech products to fund their other projects.

The most ambitious Kepler project would be Kepler City. Once the laboratory and factory have been established in Georgia, Kepler aims to eventually transform the area into Kepler City; an area full of exciting cutting-edge technologies. The Kepler City Hotel and Restaurant will be the first autonomous and automated hotel network in the world where all employees will be robots – this project has already attracted the interest of several investment parties.

Kepler ICO

The company is currently holding its Initial Coin Offering (ICO) at a rate of $1.25 USD per KEP token, with a hard cap of $250 million. The value of KEP will be boosted by the value of the Kepler company itself, but it will also be based on the company’s assets, which includes:

Land Greater than 550 000 square meters with a network of buildings, including its laboratory and factory.
A technological university and its campus.
Technical know-how and proprietary patents developed by Kepler.
The value of high-tech products developed by Kepler.

The KEP token pre-sale is currently ongoing and will continue to run until May 10th. During this stage, participants will enjoy a 30% bonus on purchased tokens. The first stage of the initial coin offering will commence on March 1st, where the bonus will be reduced to 15%, which will then go down to 10%, 5% and 0% for the successive stages. Participants will be able to purchase KEP tokens using bitcoin (BTC) and Ethereum (ETH).

For more information about Kepler Technologies, please visit keplertek.org.

What are your thoughts on Kepler Technologies? How will they impact the robotics and AI industries? Let us know in the comments below.

Images courtesy of Kepler Technologies

Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Published at Tue, 20 Feb 2018 22:30:03 +0000

Blockchain Technology

June 6, 2017

Independent Film’s ICO says Goodbye to Hollywood

Independent feature film Braid will set a new precedent for independent film finance by using an ICO funding model. By leveraging the accounting and documenting elements of the Ethereum blockchain this new way of funding promises to disrupt traditional film financing models.

The Evolution of Crowdfunding

Independent film producers have been attracting financial support for their projects through crowdfunding websites like Indiegogo and Kickstarter for years. Funding through these types of websites is usually incentive-based, with backers receiving merchandise, dinners with cast and crew, copies of the film, etc… in exchange for contributions.

This type of traditional crowdfunding has limited potential, however, since it typically doesn’t offer equity participation. With no return on investment, backers tend to be fans rather than serious investors and contributions tend to be modest.

With the advent of blockchain technology, a new crowdfunding model has emerged that allows fans and investors alike to contribute to a film’s funding in exchange for equity participation. This type of crowdfunding is called an ICO or Initial Coin Offering. Ben Arnon of The Huffington Post describes the ICO funding model as “the next frontier of film finance via crowdfunding.”

From the Blockchain to the Silver Screen

The blockchain provides a self-regulating record of smart contracts. This ledger of transactions would represent a very powerful disruption of established film finance models. Film projects which traditionally required expensive accountants, financial managers, and legal teams to maintain these records, are now accessible to everyone. The blockchain mitigates those roles by administrating them all and providing a record.

#blockchain ICOs – the first time that innovators don't need $ or permission to build. they can bootstrap social and tech networks.

— Meltem Demirors (@Melt_Dem) June 5, 2017

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The possibilities really stretch out from there. In the case of film, after the initial coin offering film financiers can resell or hold their positions as they see fit, this could be at any stage of production. As to how much control over the end product this affords will remain to be seen, as the producers and the financial side, at least traditionally, do typical hold some sway over the creative process.

Braid + ICO = A Film Financing Revolution

The first film to use this method will be Braid, which is currently being marketed as a psychological thriller and horror story. Described as “A female version of A Clockwork Orange, Mulholland Drive meets Heavenly Creatures meets Funny Games, with The Others twist at the end,” the film’s producers are using WeiFund’s Ethereum blockchain based crowdfunding platform to raise $1.4 million.

The terms of the crowdfunding ICO are very clearly spelled out on the film’s campaign website, with the use of proceeds outlined as follows:

Unlike traditional crowdfunding, Braid’s ICO promises to pay out 100% of the film’s revenues to token holders until they recover their investment plus an additional 15%. After that, ICO investors will continue to receive 30% of the film’s profits.

With typical Hollywood features accruing hundreds of millions of dollars in investments, and independent features now regularly costing over a million dollars, it does put the amounts raised by other ICOs into perspective. Last month, Gnosis’ ICO raised over $12.5 million – a valuation of $300,000,000 – in less than 15 minutes so precedents have already been set for large figure investments. Watch out Hollywood.

Watch Braid’s official trailer below. Warning: NSFW

[vimeo 137379995 w=500 h=211]

Will the ICO funding model allow enough input and control for investors? Let us know what you think in the comments below.

Images and video courtesy of BraidTheMovie, Twitter, Pixabay

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