Cen

Regulation Crowdfunding offering on StartEngine

$137,124

of $1.07M goal

12.8% funded

About the offering

AIs are becoming the new media. As artificial intelligence celebrities such as Siri, Alexa, and Sophia emerge, they are becoming a primary media in themselves. We are gradually moving from reading text and watching videos to having conversations with AI agents to gain our knowledge of the world. Despite their popularity, we believe the way AIs are built today is wrong. Because they lack human understanding, AIs often fail to communicate with people smoothly and efficiently. Ask your favorite AI a question outside of its core knowledge and see what happens. We need to source knowledge from the crowd. But there is a problem for people giving their knowledge. Because AIs act as ‘blackboxes’, it is hard to reward the original human authors. Large corporations solve this by taking full ownership of the knowledge base but this is not a democratic way to solve the problem. And, it's not just factual knowledge we need to be concerned with. Corporations will have large quantities of personal data saved in siloed AI systems. Our solution at Cen is the Basic Intelligence Token (BIT) network, an AI system that uses blockchain to run an efficient collaboration between machine and human experts while distributing fair rewards to knowledge givers. The system works by sending questions that are difficult for an AI to human experts, “Minders”, around the world. As these experts interact with the users and answer questions, knowledge is added to a distributed, blockchain-powered knowledge base. User's knowledge is kept with the user in a secure personal store that makes it available to answer questions in the future. Basic Intelligence Tokens (BIT’s) are awarded to those who provide information to our knowledge base. The value of their rewards is judged by the relative value of the knowledge they provide. Our users and partnering businesses will spend the tokens to access either the general knowledge base and can pay extra to talk to human experts for more professional information.

FAQ

How much has Cen raised?

Cen has raised $137,124 of a $1.07M goal.

Where is Cen's campaign listed?

The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.

What are the terms of Cen's raise?

Common Stock & SAFT, $36.5M cap, $4.00/share.

When does Cen's offering close?

The stated close date is Feb 26, 2019.