DeepBrainChain x IM community AMA RECAP

15 min readNov 20, 2021

TELEGRAM AMA: Im Community & DeepBrainChain 🐋
⏰ AMA Timing : 19 November 2021 l 02:00 PM UTC l 21:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | : Welcome @Lee_DBC from DeepBrainChain

Bà Tân | : Welcome everyone. Today Im Community will host AMA with DeepBrainChain.

Bà Tân | : Today our guest is: @Lee_DBC from DeepBrainChain.

Bà Tân | : Please introduce yourself a bit @Lee_DBC ��

Lee_DBC : Hello everyone, I am Lee, the co-founder of DeepBrain Chain

Bà Tân | : Thanks for the introduction.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team DeepBrainChain

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1460995788243234823).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

��Im Community (https://t.me/imcommunityitw)

��DeepBrainChain (https://t.me/deepbrainchainglobal)

��Twitter DeepBrainChain (https://twitter.com/DeepBrainChain)

��More information about DeepBrainChain :

��Website (https://deepbrainchain.org/)

��Medium (https://medium.com/@DeepBrainChainGlobal)

��Reddit (https://www.reddit.com/user/DeepBrainChainGlobal)

��Mainnet (https://www.dbcwallet.io/)

��Block browser (https://dbc.subscan.io/)

��Video intro (https://www.youtube.com/watch?v=V6k8ggbBkSk)

��White paper (https://www.deepbrainchain.org/assets/pdf/DeepBrainChainWhitepaper_en.pdf)

Bà Tân | : Start session 1 AMA

Bà Tân | : Q1. Can you briefly describe what is DeepBrainChain ? We would like to know more about it and how it works.

Lee_DBC : The vision of DeepBrain Chain is to build an infinitely scalable distributed high-performance computing network and become the most important computing infrastructure in the era of AI+ metaverse. DeepBrain Chain contains three important parts: high-performance computing network, blockchain mainnet and GPU computing mainnet. The high-performance computing network was officially launched at the end of 2018, blockchain mainnet was launched on May 20th, 2021, and after nearly 4 months of public testing, GPU computing mainnet will be officially launched on November 22nd，which means DeepBrain Chain has become a truly decentralized project.

The mainnet of DeepBrain Chain is developed based on PolkaSubstrate, and DeepBrain Chain is also one of the very few high-performance computing projects in the blockchain industry that have achieved large-scale implementation. It has been widely used in various scenarios such as artificial intelligence, driverless vehicles, cloud games, visual rendering, biopharmaceuticals, etc. It has provided high-performance GPU computing power for many enterprises, and cumulatively more than 50 vendors worldwide have deployed high-performance GPU cloud platforms based on DeepBrain Chain network, serving hundreds of enterprises and tens of thousands of AI developer groups. For example, China’s cloud game vendor NetEase Cloud Game uses GPU resources from DeepBrain Chain, China’s leading driverless company AutoX is testing GPU resources from DeepBrain Chain, China’s leading cloud game solution provider TingYu Technology is cooperating with us, Beijing University, Tsinghua University and Harvard University have students and teachers using DeepBrain Chain’s GPUs for AI training.

done

There was a problem with the network just now, so sorry

Bà Tân | : No problem, sir. ��

Bà Tân | : Q2. What are the unique features DeepBrainChain provides as compared to other projects?

The high performance computing power space is a huge market worth hundreds of billions of dollars and may reach trillions of dollars in the future, and DeepBrain Chain is expected to get a share of it. All the revenue will be used for DBC repurchase and destruction (once the GPU network has more than 5,000 GPU), and DBC is the only payment credential of DeepBrain Chain network, and customers need to use DBC to rent GPUs/add GPUs to the computing pool, which is the basis of DBC value.

done

Bà Tân | : Q3.What are the economic benefits of the $DBC token? What are the benefits of long-term holding?

Lee_DBC : In the long run, whether a project can last or not depends on what problems it solves and what core values it has. The vision of DeepBrain Chain is to build an infinitely scalable distributed high-performance computing network and become the most important computing infrastructure in the era of AI+ metaverse. It is no exaggeration to say that the DeepBrain Chain is currently in the global leading position in this field, and has been industrialized to serve many scenarios such as artificial intelligence, meta-universe, visual rendering, autonomous driving, biopharmaceuticals, etc. The overall GPU rental rate of the DBC network is above 97%, and the demand exceeds the supply, which means that the GPU servers inside the DBC network are not used for mining, but really serve AI, meta-universe and other industries, which have bright futures, this is the ultimate and continuous value of DeepBrain Chain.

done

Bà Tân | : Q4.What are the achievements that the DeepBrainChain team has achieved?

Lee_DBC : We have made great progress through hard work over the past four years.

Jul.2017

The DeepBrain Chain was established, defining the objectives and vision as well as the technical architecture.

Dec. 2017

Fund-raising completed.

Jan.2018

DBC launched on Huobi.pro.

Aug.2018

DBC computing power network goes live and the code is open sourced on GitHub. (https://github.com/DeepBrainChain)

Nov.2019

DBChain, the first cloud platform based on DeepBrain Chain, goes live. (https://www.dbchain.ai)

Jul.2020

The first DeepBrain Chain-based enterprise cloud platform, Congtu Cloud, goes live. (https://www.congtu.cloud)

Dec.2020DBChain global AI developer users exceed 10,000, serving more than 500 AI-related universities and labs worldwide.

May 2021

DeepBrain Chain node mainnet officially launched. (https://www.dbcwallet.io)

Jun.2021

DeepBrain Chain mainnet browser goes online. (https://dbc.subscan.io)

Jun.2021

The number of GPU cloud platforms based on DeepBrain Chain exceeds 50.

Jul.2021

DeepBrain Chain GPU computing power mainnet starts public testing.

Aug.2021

Congtu Cloud enterprise customers exceed 100%

Oct.2021

Total number of GPU computing power in the public test exceeds 1200 cards, and the rental rate is over 98%. (https://galaxyrace.deepbrainchain.org)

Nov.2021

DBC GPU mainnet will launch officially on November 22nd

done

Bà Tân | : Q5. What innovative features is DeepBrain Chain bringing to topple its competitors with similar offerings in the crypto and computing sector?

Lee_DBC : We believe that the profundity of the team’s knowledge of what they are doing largely determines the success or failure of things. We have nearly 10 years of AI experience and naturally have a profound understanding of AI computing, as well as more than 5 years experience of blockchain technology; it is impossible to do this well by only knowing blockchain or only understanding AI. After the past four years , we have completed all the development goals on the white paper and commercialized many scenarios in metaverse, autonomous driving, AI, visual rendering, blockchain, etc.

done

Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1460995788243234823).

Bà Tân | : Question1. What is the difference between DeepBrain Chain and traditional cloud computing enterprises?

Lee_DBC : DeepBrain Chain uses blockchain technology to build a new production relationship and innovatively solve the problem of computing power supply; by reconstructing the cloud computing industry chain, it turns a closed system dominated by giants like cloud computing into an open system where everyone can participate in common construction and share benefits, and jointly build the infrastructure in the era of meta-universe +AI.

Advantages of DBC: Due to the development of meta-universe +AI technology and the rise of edge computing, the demand for edge-side computing (high performance, high density, low latency, low cost and full coverage) is getting stronger and stronger, and the traditional mega data centers can no longer meet the demand of business development, and it is necessary to schedule and manage data centers of different levels (cloud nodes, metropolitan nodes and edge nodes), so it is urgent that we create an unified distributed computing network to better meet the business demand and at the same time improve the efficiency of computing resources utilization, which is where the advantages of blockchain technology.

done

Bà Tân | : Question2. What is the development roadmap of the DeepBrainChai project at present and in the future?

Lee_DBC : DBC GPU mainnet will launch officially on November 22nd，which means DeepBrain Chain has become a truly decentralized project. In other words, after four years of hard work，DeepBrain Chain realizes decentralized governance from the supply side and demand side of computing power, supernode election and block-producing, and community governance of the Council.

DeepBrain Chain’s vision is to build an infinitely scalable high-performance distributed computing power network, and become the most important computing infrastructure in the AI+MetaVerse era.

The most important thing in the future is to further expand the DBC ecosystem.On the supply side, the goal of DeepBrain Chain ecosystem in the next 2 years is to add 100 computing pools worldwide to join the DBC network, providing a continuous source of computing power for the computing network; at the same time, on the demand side, the goal of DeepBrain Chain ecosystem in the next 2 years is to add 50–100 AI cloud platforms globally, the value of these cloud platforms is so that the network can sell the computing power to them, and the income is used for the destruction of DBC, thus forming a closed business loop.

done

Bà Tân | : Question3. Could you introduce briefly about $DBC (https://twitter.com/search?q=%24DBC&src=cashtag_click) tokenomics? And tell us more about Total supply and Starting price per token? How many tokens will be minted in future and how many tokens will be locked by the team/Investors?

Lee_DBC : DBC has 10 billion DBC tokens in total, 40% of which will be distributed as online rewards to the computing power providers, 10% will be rewarded to the early computing power providers that provided computing power on DBC network before the mainnet went online, that is to say, 50% of the tokens are allocated to computing power providers. The team has 1 billion DBCs, which will be unlocked in ten years on average, and the Council has a total of 2.5 billion, which will be unlocked in nineteen years, so the reason for doing this is to have enough patience for DBC. At present the total circulation of DBC is more than 4 billion.

DBC computing power provider’s rewards consist of two parts: supernodes block producing rewards and computing power provider online rewards, the first three years are 100 million and 400 million DBC respectively, from the third year on the amount is halved, after that the amount is halved again every five years.

Supernode pledge: currently there are 31 supernodes, tentatively 10 nodes will be added each quarter.

Each node first need to pledges DBC tokens to participate in the supernode election;

Any DBC holder can pledge DBC to vote for the node, and rewards are also given to voters;

The top 31 nodes voters can become supernodes, the election is held every 24 hours.

GPU power provider pledge rules:

From 0 to 10,000 GPUs, 100,000 DBCs are pledged per GPU.

Starting from 10,001 GPU, the formula for the total number of DBC that needs to be pledged is:

1 billion + 100,000 x (10000/10001 + 10000/10002 + ∙∙∙∙∙∙∙∙∙∙ + 10000/(10000+n)).

If the above formula is accounted for and a single GPU is pledged at 1,500 USD 50,000 RMB, then the pledge is calculated at 1500 USD 50,000 RMB.

Example of the number of single GPU pledges:

Assuming that n0000 shows the first 1000 GPUs after 10,000, then the number of pledges for the 11000th GPU is: 100,000 x 10000/11000.

DBCs pledged by each graphics card need to be pledged for at least 365 days; when the machine is online for more than 365 days and no user uses it for more than 10 days, you can exit the pledged, take the machine offline and release the pledged DBC within 3 days, and the previously obtained rewards will continue to be released linearly.

There is also the deflationary model, which is the DBC burning rule.

When the DBC network reaches 5,000 GPUs across the network, 100% of the rents paid by users after activation are destroyed, which means DBC will enter a deflationary state. So reaching 5,000 GPUs in the DBC network will be an important milestone!

done

Bà Tân | : Question4.Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Lee_DBC : The high performance computing power space is a huge market worth hundreds of billions of dollars and may reach trillions of dollars in the future, and DeepBrain Chain is expected to get a share of it. All the revenue will be used for DBC repurchase and destruction (once the GPU network has more than 5,000 GPU), and DBC is the only payment credential of DeepBrain Chain network, and customers need to use DBC to rent GPUs/add GPUs to the computing pool, which is the basis of DBC value.

The pledge and destruction of a large number of DBC will drive the increase in the value of DBC

done

Bà Tân | : Question5.What is the most ambitious goal of your DeepBrainChain project?What is the ultimate vision that your DeepBrainChain project is trying to achieve in the cryptocurrency market? Explai

Lee_DBC : The vision of DeepBrain Chain is to build an infinitely scalable distributed high-performance computing network and become the most important computing infrastructure in the AI+ meta-universe era. DeepBrain Chain contains three important parts: High Performance Computing Network, Blockchain MainNet, and GPU Computing MainNet; High Performance Computing Network was officially launched at the end of 2018, Blockchain MainNet was launched on May 20th, 2021, and GPU Computing MainNet will be officially launched on November 22nd after nearly 4 months of public testing.

Becoming the most important computing infrastructure in the AI+ meta-universe era is the most ambitious goal of DeepBrain Chain

Bà Tân | : @Lee_DBC Please say “Done” when you have finished the question, thank you.

Lee_DBC : done

Lee_DBC : sorry

Bà Tân | : Question6. Where can I buy #DeepBrainChain (https://twitter.com/hashtag/DeepBrainChain?src=hashtag_click) tokens now. What is #DeepBrainChain (https://twitter.com/hashtag/DeepBrainChain?src=hashtag_click) current contract, and how can I buy it and what are the benefits?

Lee_DBC : DBC has been listed on Huobi/Gate/Lbank Exchange.

Blockchain MainNet was launched on May 20th, 2021：https://dbcwallet.io/

done

Bà Tân | : Question7. DeepBrain Chain’s vision is to become the largest computer network in the world. So, would you like to tell us a little about how your community has worked on the project to make DeepBrain Chain the most important computer network in the world?

Lee_DBC : The vision of DeepBrain Chain is to build an infinitely scalable distributed high-performance computing network and become the most important computing infrastructure in the AI+ meta-universe era. DeepBrain Chain contains three important parts: High Performance Computing Network, Blockchain MainNet, and GPU Computing MainNet; High Performance Computing Network was officially launched at the end of 2018, Blockchain MainNet was launched on May 20th, 2021, and GPU Computing MainNet will be officially launched on November 22nd after nearly 4 months of public testing.

Specifically, it is to continuously expand the scale of DBC network computing power, and at the same time rent out the computing power, and the generated rent will be used for DBC repurchase and destruction. GPU has been widely used in various scenarios such as artificial intelligence, driverless vehicles, cloud games, visual rendering, biopharmaceuticals, etc. It has provided high-performance GPU computing power for many enterprises, and cumulatively more than 50 vendors worldwide have deployed high-performance GPU cloud platforms based on DeepBrain Chain network, serving hundreds of enterprises and tens of thousands of AI developer groups.

done

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Lee_DBC ��

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

��Jőhn L�� : go go

Bà Tân | : Don’t forget to join the group https://t.me/deepbrainchainglobal

Bà Tân | : Group will unmute now so everyone can ask questions.

Bà Tân | : Now let’s give our dear guest @Lee_DBC some time to go through them.

Bà Tân | : @Lee_DBC Please choose the best 5 questions and answer it for session 3, thank you.

Q1. There are three core issues prevalent in crypto and blockchain technology, which is security, interoperability and scalability, how does this project rise above these plagues?

Lee_DBC : This problem is very good. Security is always our top priority. We optimize from two aspects: 1. Every code upgrade needs to go online after a strict security audit. 2. DeepBrain Chain itself is a supercomputer network. Possess a large number of computing resources and nodes. The cost of hacking can be very high.

Q2. How will you continue to promote DeepBrainChain product in the future? Do you already have plans for other interfaces with other companies ?

Lee_DBC : What we will continue to do next is to let more GPU servers join the DeepBrain Chain network to ensure a rental rate of more than 90%. In this way, a continuous flow of funds enters the DeepBrain Chain system for the destruction of DBC (more than 5000 cards), and the rent within 5000 cards belongs to the miners.

Q3. Blockchain doesn’t mean decentralization yet. What is the level of decentralization in DeepBrainChain and where is user funds stored?

Lee_DBC : This is a very good question and one that is of great concern to all community investors. We believe that the best way to deal with various contingencies and crises is to achieve complete decentralization of the project and true community autonomy, and we have been working towards this direction for the past four years and have basically achieved decentralization.

The vision of DeepBrain Chain is to build an infinitely scalable distributed high-performance computing network and become the most important computing infrastructure in the era of AI+ metaverse. DeepBrain Chain contains three important parts: high-performance computing network, blockchain mainnet and GPU computing mainnet. The high-performance computing network was officially launched at the end of 2018, blockchain mainnet was launched on May 20th, 2021, and after nearly 4 months of public testing, GPU computing mainnet will be officially launched on November 22nd, which means DeepBrain Chain has become a truly decentralized project, and at the same time in terms of community autonomy, community investors can participate in community governance through the DeepBrain Chain Council, and they can run for council members, submit proposals and vote, etc. All results are available on the chain.

In other words, DeepBrain Chain realizes decentralized governance from the supply side and demand side of computing power, supernode election and block-producing, and community governance of the Council.

Q4. Any plan to build partnership with local developers to make the use of your project more global?

Lee_DBC : Our next most important work is to increase GPU computing resources on a global scale, so that we can serve companies around the world, similar to AWS, and welcome everyone to join the DeepBrain Chain computing power network.

Q5. What is your strongest advantage that you think will make your team leading the market?

Lee_DBC : he uniqueness of DeepBrain Chain lies in its being an artificial intelligence public chain, because all the technology research and development is for this positioning, and the main technical innovations are as follows:

Decentralized AI Cloud OS

The underlying technology platform Decentralized AI Cloud OS has all codes as completely self-developed technology;

Responsible for linking computing and storage resources, realizing communication, scheduling and failure recovery among computing resources.

Supporting seamless migration to lightweight IOT devices such as ARM and future migration of computing power to IOT devices.

Building a decentralized AI cloud computing platform based on top of this technology platform.

Completely decentralized AI computation network. ‘’AI Cloud Computation Network’’

One-stop solution, the most optimized AI software platform, supporting all mainstream deep learning frameworks in the industry: TensorFlow, MXNet, PyTorch, Caffe, CNTK, H2O, etc..

Support for multi-AI tasks with parallel start-up execution capability.

Flexible hourly billing model to achieve true on-demand billing.

Computation Architecture

Open docker computation architecture, second-level deployment and startup, elastic expansion of computing capacity.

The traditional physical GPU server requires a week to install and deploy the application, in the platform it is one-click deployment and one-click to start training, the time is reduced to seconds.

AI docker: Elastic AI Docker computing capabilities, open custom docker image capabilities.

Docker Tech: secure docker enhancement technology.

Network Architecture

Ubiquitous decentralized AI computing network: support highly elastic scaling, support massive network system architecture from 10 nodes to 100 million nodes.

Hybrid Multi-Layer Stack Network: a multi-layer network architecture of unstructured, loose P2P peer-to-peer network + structured hybrid P2P network.

Decentralized Virtual Tunnel Network: construction of virtual Layer 2 switching and Layer 3 switching encrypted tunnel network under decentralized network architecture.

Multi-path message routing mechanism.

Efficient compression + scalable self-encoding protocols.

Millisecond-scale peer-to-peer communication infrastructure.

Network support for IPV6 network evolution.

Geo-aware AI inference-based network architecture for more resilient edge computing.

5.Storage Architecture

Infinitely scalable decentralized storage network.

Geo-awareness-based distributed storage system.

And the team’s more than ten years of experience in the field of artificial intelligence

The team’s perception determines the outcome

Bà Tân | : Congratulations to the winners of session 3

@Devidyu82a

@Vivian_VNPe

@Rollinsta1

@Gziow91aa

@ANIMEariz

Bà Tân | : Thanks for the useful information from @Lee_DBC

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @deepbrainchainglobal for answers.

Lee_DBC : thanks

Bà Tân | : IM Community, if you would like to know more about DeepBrainChain ! here are some useful links for you:

Official Website: https://deepbrainchain.org

Twitter: https://twitter.com/DeepBrainChain

Telegram: https://t.me/deepbrainchainglobal

Medium: https://medium.com/@DeepBrainChainGlobal

Dircord: https://www.reddit.com/user/DeepBrainChainGlobal

Bà Tân | : Allright, I declare the Im Community AMA with DeepBrainChain has ended.

Thanks to @Lee_DBC | DeepBrainChain joined us and provided us with DeepBrainChain information, we hope that this knowledge makes us understand more about https://deepbrainchain.org (https://deepbrainchain.org/)

To the members, thank you for following this event to the end. winners will be announced soon.

DeepBrainChain x IM community AMA RECAP

Written by IM COMMUNITY