KuCoin Official Arabic Telegram Group Ask-Me-Anything (AMA) [ 3 March]
Did you miss the Q&A session held between Kucoin official Arabic Telegram Community and The Matrix on March 3, 2023? Check out the full transcript below!
A transcript of the Q&A with Amber, Telegram Community Manager at Kucoin Arabic, and Sercan, Matrix AI Network Head of Community..
Amber: Let us welcome Sercan from Matrix Team
We will start Today's AMA hope you enjoy the event and learn more about the project
Please let us know more about you and introduce yourself
Sercan : Hi everyone, thank you for hosting me! I'm Sercan, Head of Community at Matrix AI Network.
First of all, I would like to thank Kucoin and the entire Arab community here for making the AMA possible.
I am very passionate about the blockchain and artificial intelligence space, and I have a lot of experience in community building and workforce management. In fact, I've worked in these areas in the past, and my interest in blockchain and artificial intelligence led me to become a member of the Matrix AI community.
Over time, I became more and more involved in the community, and eventually, I became the Head of Community . I've been serving in this role for two years now, and it's been an incredible experience. I've learned so much about what it takes to build a thriving community, and I'm constantly amazed by the passion and dedication of the Matrix AI community members.
Overall, I'm really excited about the future of blockchain and artificial intelligence, and I feel lucky to be a part of a community that's at the forefront of these technologies. I can't wait to see what the future holds!"
Amber: Thanks !
Can you please tell us about the project main points?
Sercan : Of course ,
The team was founded in 2016 by a group of young professionals who strive to design and build a functional and reliable blockchain platform with the help of AI technology.
The Matrix 1.0 blockchain platform is the first AI-optimized blockchain platform, which addresses four key concerns in blockchain technology: low transaction speeds, lack of security, complexity of usage, and squandered resources.
The Matrix 2.0 blockchain-based AI economy is designed to be self-evolving with aggregated computing processing power, safe data management, transparent data sharing, and access to an ever-growing set of on-chain AI data, models, and applications.
The Matrix 3.0 project is a rare combination of neuroscience, AI, and blockchain technology, where EEG or brain signal is used for Avatar Intelligence (AvI). The ultimate goal is to create a digital avatar of each user on the Internet, which can be used for various tasks in the Metaverse under user authorization. The project covers four phases, and the team is currently working on the first phase.
Matrix AI Network is an innovative project that combines blockchain, artificial intelligence, and neuroscience to create a self-evolving platform with endless possibilities. From the AI-optimized Matrix 1.0 platform to the Avatar Intelligence (AvI) of the upcoming Matrix 3.0, the team is pushing the boundaries of what is possible with technology. With this groundbreaking project, the potential for a new era of innovation and growth in the world of technology is truly limitless. Join us on this exciting journey into the Matrix!
Amber: Really impressive !
Please tell us about the team members and their roles and how you were gathered?
Sercan : At Matrix AI Network, we take great pride in the team we have assembled. Our CEO is Owen Tao, our Chief Scientist is Professor Steve Deng, our CMTO is Eric Choy and other team members working in each department. Our talented professionals come from diverse backgrounds and possess a wide range of skills and expertise. We believe that collaboration and teamwork are essential to the success of our project, and we recognize the crucial role that each team member plays in achieving our goals.
Our team includes experts in blockchain technology, artificial intelligence, software engineering, marketing, and community management. We selected our team members through a rigorous process that considered their experience, skills, and passion for the project. Many of our team members were already involved in the blockchain and AI communities, and they were drawn to Matrix AI Network because of our innovative approach to technology and our visionary outlook.
Matrix was founded in 2016 by a team of young professionals who dared to think big and refused to be discouraged by failures. We are not perfect, but we are constantly striving to improve and refine our processes. We believe in rolling up our sleeves and getting to work, designing and building with persistence and determination. Our team members are not just dreamers, but doers who are committed to achieving our goals and making a real impact in the world of technology.
You can review our website to get more detailed information about our team.
Amber: Great! We will move to twitter questions.
In the same field of AI, CHAT GPT is a hot topic at the moment, but are you currently considering any projects with MAN x CHAT GPT?
Sercan : "Our project, Morpheus, is an Alpha initiative similar to ChatGPT, which showcases the remarkable infrastructure of the MANTA platform for large-scale language model training. Morpheus aims to provide robust support for high-capacity training and computing, pushing the boundaries of what's possible with AI and creating exciting new opportunities in the field.
However, as an Alpha project, there are many areas for improvement, including training models, resources, data sets, user experience, and more. Responses may be inadequate or incorrect at times, but this is expected, and we are working to address these issues.
ChatGPT hot topic in the field of AI at the moment but Morpheus was not created to directly compete with ChatGPT but to demonstrate the MATRIX infrastructure's capabilities for training complex systems and its ecosystem. This is the project's most crucial aspect.
The time it took from conceptualization to internal testing of Morpheus is a testament to our team's vision and technical capabilities in building a challenging platform. Our goal is to push the boundaries of what's possible with AI and continue to create exciting new opportunities in the field.
We remain open to potential collaborations with other players in the AI field to drive innovation and progress in the industry.
Amber: Great project, very impressed!🔥
It is possible for artificial intelligence to exceed our capabilities, but is there any technology to control it?
Sercan : Thank you for your kind words. We are glad to hear that you are impressed with the Matrix AI Network project. As for your question, while it is true that AI has the potential to exceed human capabilities, we have built and developed a robust infrastructure in Matrix 1.0 that ensures efficient and reliable functioning of the AI technology. Additionally, our platform is designed to ensure safe data management, transparent data sharing, and access to an ever-growing set of on-chain AI data, models, and applications. As for controlling AI, there are ongoing debates and discussions on how to ensure the ethical use and development of AI. However, the Matrix AI Network team is committed to designing and building decentralized AI systems that are both beneficial and safe for humanity.
Currently, there are many similar projects, and other projects will appear in the future. The competition will be strong, and survival for the best and most successful project in marketing
The question is, what is your plan for marketing, especially in the Arab countries that are moving towards artificial intelligence (the UAE has established a ministry for artificial intelligence)
Do you have plans for marketing and presenting your program to those interested?
Sercan : As a representative of Matrix, we acknowledge that there are many projects similar to ours in the AI and blockchain industry, and that the market is still young and presents a huge opportunity for growth.
To take advantage of this opportunity, we have a comprehensive marketing plan that includes targeted access to individuals and organizations in Arab countries moving towards AI. Specifically, we plan to participate in industry conferences and events, collaborate with local AI and blockchain organizations, and use social media and digital marketing channels to reach our target audience.
In addition, we have a dedicated team to create educational content and resources that will help potential users and investors better understand the benefits of our integrated AI and blockchain platform. We are committed to providing exceptional customer service and support to ensure that users have a positive experience with our platform.
We believe that our fully decentralized network, support for computing power and data, and NFT protection for intellectual property are unique features that will set us apart from other projects in the industry.
And recently, we enter Matrix 3.0 blending neuroscience with our previous work to realize the vision of the Matrix films. The Matrix 3.0 project is a rare combination of neuroscience, AI, and blockchain technology, where EEG or brain signal is used for Avatar Intelligence (AvI). The ultimate goal is to create a digital avatar of each user on the Internet, which can be used for various tasks in the Metaverse under user authorization. The project covers four phases, and the team is currently working on the first phase.
By effectively marketing our platform and building strong relationships with AI and blockchain communities in Arab countries, we are confident that we will successfully reach our target audience and achieve our goals."
And we welcome you valuable community to our telegram group.
What is your strategy for the long-term health of this project? What can we expect from Matrix Al Network (MAN) in the next 1-3 years? What is your plan for investor security?
How are they going to engage the community further to take this to the next level?
Sercan : Long-term strategy for the Matrix AI Network is to integrate neuroscience, artificial intelligence, and blockchain technology to create a self-evolving AI platform with Avatar Intelligence (AvI). We believe that this unique approach will set us apart from other blockchain projects and position us for success in the growing AI market.
Over the next 1-3 years, our team will continue to focus on developing our platform and working towards our goal of is to create a platform that will empower developers and users to build and explore the Metaverse in new and innovative ways. Our Avatar Intelligence technology will be a key focus area, as we believe that it has the potential to revolutionize the way that users interact with the Metaverse.
Investor security is a top priority for us, and we will take measures such as audits, transparency, and compliance with regulations to protect our investors and ensure the long-term sustainability of the project. We will also engage with the community through events, forums, and social media to build a strong and supportive network of users and developers.
In terms of market value, we are optimistic about the potential of our project.
It is important to note that according to research, the market size for the global digital human avatar is expected to reach 527 billion dollars by 2030, and Matrix AI Network is well-positioned to tap into this potential. As the pioneer in combining artificial intelligence and neuroscience with blockchain technology, Matrix AI Network has a unique value proposition, which is expected to set it apart from other projects in the space. And we are pioneers and it seems we are the only one with BANG.
We believe that we can capture a significant portion of these markets and drive the growth of our platform.Frankly, we aim to get a big share of this big pie. 😎
2023 2.Quarter and 3.What are your goals for the quarter?
Sercan : In the second and third quarters of 2023, our main goal is to complete the Phase 1 Roadmap Milestone 1. This milestone involves upgrading our blockchain platform by obtaining and standardizing division of ordinary blockchain platform contracts, developing a personalized Smart Contract Module, and opening up the computing power authentication, work monitoring, and access and calculation system. We are also setting up the distributed storage structure for brain wave data, developing a minting and authentication system for brain wave data NFTs, and opening ports for uploading brain wave data.
As we move into the third quarter, we will be preparing for the Phase 1 Roadmap Milestone 2, which is due by December 1, 2023. Our goals for this quarter include connecting to third-party semantic recognition module, transitioning phonetic and semantic recognition to standard languages, and testing the open computing power access. We are also developing a cross-chain settlement and access system, creating ports for cross-chain use of computing power, and planning to launch the first application for brain wave data analysis and preliminary modeling.
Overall, we are very excited about the progress we are making towards our goals. We believe that by upgrading our blockchain platform and developing new modules and systems, we can revolutionize the way that brain wave data is stored, analyzed, and utilized. We are also committed to ensuring that our platform is secure, reliable, and accessible to everyone. We look forward to sharing more updates and insights as we continue to work towards these goals!
Amber: Last question thanks for valued time
Do you have experts on your team to accomplish what Matrix 3.0 prescribes? As I understand it, this is a very difficult task. Are you thinking of collaborating with scientists?
Sercan : Certainly. The Matrix 3.0 project is a complex and ambitious undertaking that involves a multidisciplinary team of experts. The team includes AI experts, who will be responsible for developing the algorithms and machine learning models necessary to interpret and process the brain signals captured by the EEG. Additionally, the team will also include experts in neuroscience, who will be responsible for designing and conducting experiments to capture the brain signals and validate the AvI models.
Collaboration with scientists will also be a key part of the project, as it will require a deep understanding of brain function, as well as the development of new technologies for capturing brain signals. Overall, the Matrix 3.0 project is a highly challenging task that requires expertise across multiple fields, but the team behind it is well-equipped to handle the job.
Professor Steve Deng, one of the chief scientists of our project, will work on artificial intelligence models, avatar intelligence and educational structures.
Also, Jackson, a neuroscientist from NeuraMatrix, a high-tech company founded at Tsinghua University. We conducted an AMA with Jackson, an expert on this subject. You can watch the AMA video with Jackson at this link: https://youtu.be/5ywnA-w6OMk.
Amber: We would like to thank you and whole team at the end of this great AMA, now We more about the project main goals and contents thanks to your cooperation
We hope that we will have you again in the near future
Sercan : Thanks to the entire esteemed Kucoin Arab community for giving me this AMA opportunity.