House Panda www.housepanda.eu is the world’s first tokenized AI supercomputer & the first ICO from a startup incubated by NVIDIA
The planned supercomputer will be the 17th most powerful https://www.top500.org/lists/2017/11/ in the world.
The supercomputer will be able to predict future prices today for cryptocurrencies, real estate, and stocks.
If you look at the Top 500 supercomputer list, they are usually publicly-funded and do not have to worry about not being idle. House Panda will be private and we will try to utilize its processing power fully at all times. In idle time we will use it to mine altcoins and pay a % of mining proceeds to our token holders as a dividend of sorts, monthly, in HPT, at prevailing market exchange rate between the cryptocurrency being mined and HPT.
However, I would like to emphasize that supercomputers are not the most cost-effective way of mining cryptocurrencies. We expect processing time allocated to mining to vary from 15% to 33%.
I must also emphasize that we are not miners by profession. We are computer scientists who set out to build innovative artificial intelligence (AI) services, based on monthly subscription. However most blockchain startups do not have revenue until later on. House Panda will start giving back to its ICO participants, via mining, from the day supercomputer is switched on.
However, once we start offering subscriptions to our AI prediction services we will reduce mining time since it is not our main focus.
Yes, it is possible:https://www.ted.com/talks/didier_sornette_how_we_can_predict_the_next_financial_crisis/discussion?mid=393129833&ml=33069884
You will be able to use HPT tokens to buy monthly subscriptions to the supercomputer. HPT tokens will be issued during an ICO (coming soon).
More information on the project and ICO coming soon.
Please read our Medium www.medium.com/@housepanda for more information.
Project summary in 1 minute: www.housepanda.eu
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