Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, May 21 2021 - 11:30
AsiaNet
Breaking Big Tech's A.I. monopoly with the Multiverse(TM) Developer Ecosystem
SINGAPORE, May 21, 2021 /PRNewswire-AsiaNet/ --

The Multiverse(TM) is a machine-learning platform that empowers more people to 
easily build and deploy decentralized A.I. applications with their own custom 
tokens and decentralized economic systems.

"Machine learning artificial intelligence (A.I./ML) will become the most 
important technological force in society. It's critical that it is 
decentralized to allow more people to participate, but no one has succeeded 
until now," said Cliff Szu, Co-founder of Multiverse Labs, the Silicon Valley 
and Singapore-based team which developed the Multiverse.

"A.I./ML is dominated by just a few companies and elite institutions. Our tech 
team has held senior positions at companies like Google and have first-hand 
knowledge of how rapidly this technological gap is growing. A.I. needs to be 
more decentralized and available to more people."

"99.9% of people can't write A.I./ML code. Many people have great ideas on how 
A.I. could help their communities in a bias-free manner, but technical hurdles 
and a lack of capital prevent them from realizing their goals. That's why we 
built the Multiverse, which lets people start projects without needing to write 
code or raise large amounts of capital."

"Each project has its own product, tokens, decentralized exchange (DEX), 
economy, and governance model, initially determined by founders without using 
code."

"We call these projects 'planets' due to their autonomous, self-contained 
design and governance. We don't set the rules, worker rights, or economics on a 
planet project: the project's founders initially do, and these rules are 
transparent to everyone."

"Each project's decentralized exchange lets the community stake Multiverse 
coins and obtain a corresponding amount of the project's tokens. As a staker, 
you're not an investor or shareholder. Project founders can't spend your coins. 
However, when you stake in, it changes the project's exchange rate 
automatically. If you change your mind, you can always unstake and get a 
proportion of your coins back, determined by the current DEX exchange rate. 
Founders have extremely strict controls on their unstaking, spending, and 
vesting: everything is transparent and hardcoded into the project's smart 
contract so you can make informed decisions. We're lowering the barriers for 
entry and raising the bar for project quality."

"Staking is just one way to participate; you can also offer advice and feedback 
to founders, volunteer on charitable projects, or start your own project." 

Projects are modular, and this allows founders to utilize other Multiverse 
projects (such as distributed storage, A.I. model training, and data source 
projects) and build a top-flight AI/ML application with minimal reinvention and 
waste. Unlike existing platforms, the Multiverse's network effects and open 
platform incentivize collaboration and accelerate development and project 
symbiosis.

Multiverse projects have already landed customers from some of the world's most 
respected companies and with researchers at Stanford University and The Johns 
Hopkins University. Built on our high-performance and environmentally-efficient 
Proof-of-Stake parallel-blockchain technology, Multiverse allows people of all 
stripes to build or support A.I. projects. Multiverse has received support from 
Matrix Partners, Huobi Ventures, KuCoin, Arrington XRP, and Fenbushi Capital.

About Multiverse(TM)

Multiverse(TM) decentralized A.I. ecosystem enables the community to easily 
fund, train, and deploy machine-learning applications (planets) with their own 
custom tokens and decentralized economic systems. 

To find out more about Multiverse, visit https://multiverselabs.com/. 

SOURCE  The Multiverse Labs

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