Dbrain

Dbrain is a blockchain platform to turn raw data into AI for business, linking teams of crowdworkers and data scientists to prepare Datasets and to develop and train AI models.

About Dbrain

Dbrain aims to be an open blockchain platform that connects crowdworkers and data scientists so as to enable them to transform data into real-world AI solutions. Crowdworkers do tasks of data labelling and validation, and are paid in cryptocurrency for their work. Data scientists use the resultant datasets to train Neural Networks (NN) and build AI apps. Businesses use existing AI solutions or specify new ones to serve their particular needs. Dbrain aims to automate AI production and data workflow by providing efficient tools to all parties, including a web application, a Telegram bot, and a mobile app.
Competitors: Amazon Mechanical Turk, Yandex.Toloka, Crowdflower, Gems, Kaggle
Uniqueness/Advantages to competition: Lower fees combined with blockchain based technology.

3.9

Curved Score

3.1

Overall Score

Curved ScoreActual Score
Dbrain
15 Apr1 Jul
$5,000,000
$20,000,000
Visit Website
Token Sale Use of Blockchain

Product

2.8
Product
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

3.0
N/A
3 - Interesting.
Target User Base

Is it mass market or niche?

3.0
N/A
3 - Has growth potential.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.

Product

There is currently a publicly accessible and active github repo, as well as an alpha platform and telegram bot available for testing. Complete blockchain development/testing for the platform is planned to occur after the ICO, and the public release is planned to occur in 2018 (see Roadmap).
There is appeal to the DBrain product, given the increasing demand for AI software development. The potential / target user-base will grow with the adoption of AI and cryptocurrency in the general population. There is currently some normal competition in the AI technology sector, and blockchain competition will stiffen over time as adoption continues.
Competitors: Amazon Mechanical Turk, Yandex.Toloka, Crowdflower, Gems, Kaggle

Product Whitepaper

Use of Blockchain

2.8
Use of Blockchain
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

3.0
N/A
3 - Automation; making something easier to do.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

3.0
N/A
3 - Potentially disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

3.0
N/A
3 - Interesting.

Use of Blockchain

The project’s contribution to blockchain development is in creating a blockchain platform that links crowdworkers and data scientists so as to enable them to transform data into real-world AI solutions. There is a disruptive advantage as the platform is aimed at connecting a diverse group of crowdworkers which may produce unforseen results. There is need for a custom token, which allows for pricing and settlements as well as interaction on the platform. The contribution to the blockchain ecosystem is in developing a new platform for the AI tech work economy.

Use of Blockchain Roadmap

Whitepaper

4.0
Whitepaper
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

4.0
N/A
4 - Informative disclosure.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.

Whitepaper

The whitepaper is very well put together, professional and aesthetic, and contains a good mixture of media and textual explanation. The whitepaper is a decent length at 33-pages, and can be easily read and understood due to the amount of presented media and the organization of the text. The whitepaper provides high level information and includes main sections which are each described in detail: Introduction, Challenges, Platform, Use Cases, Revenue Model, Team, and Roadmap. The business and technology plans behind DBrain are concisely explained including detailed textual and graphical explanations.

Whitepaper Compliance

Roadmap

3.2
Roadmap
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

3.0
N/A
3 - A trend with potential.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

3.0
N/A
3 - Getting there.

Roadmap

A milestone roadmap is given on a quartely basis. Obstacles lie ahead as final platform/blockchain development and public platform launch will occur after the ICO. The roadmap is vague and no descriptions are provided of the intermediate steps required to complete each milestone.

Roadmap:
Q3 2017 – Proof of concept and research phase to define the need for a collective AI development tool / Assembling the team
Q4 2017 – Product development and MVP testing on the first business clients / Private seed round for $2.5m
Q1 2018 – Public Alpha version of web application and Telegram bot to label and validate data for crowdworkers (SPOCK) / Coin sale
Q2 2018 – Public Beta for training neural networks on labeled data, mobile app for data labeling / Dbraincoin (DBR) issue
Q3 2018 – Launch of the fully-running blockchain platform for building AI Apps with API integration for businesses / Partnership program for attracting business clients, active sales phase
Q4 2018 – Scaling platform to meet new markets with a focus on ever-growing AI community and client base

Roadmap Company and Team

Compliance

3.2
Compliance
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

4.0
N/A
4 - Specific, detailed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.

Compliance

The DBR-tokens have intrinsic value through their planned usage on the DBrain platform, allowing users to earn and pay for AI development. The token’s main utility is as a tradable financial instrument, as it is used specifically as a means to pay and settle transactions, but also allows interaction on the platform itself.
The token smart-contract infrastructure will be completed after the ICO, however there is an active github repo available for public review.
Compliance is addressed with direct statements of AML & KYC Due Diligence, and this is enforced with a manual screening process via whitelisting. The legal disclaimer states that the tokens are intended for use as functional utility tokens and are not viewed as securities. The terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Compliance Token Sale

Company and Team

3.6
Company and Team
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

3.0
N/A
3 - Minimally sufficient.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

4.0
N/A
4 - Well suited to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

4.0
N/A
4 - Good, sufficient for each aspect.

Company and Team

Cardstack has an established team with 24 employees, 9 advisors, and 3 partnerships.
The core team has experience in entrepreneurship, AI platform development, mobile app develoment, R&D, data science, programming, back-end and front-end development, IT, product design, social media, communications, and product management.
The partners are very reputable and include Nvidia, Chronobank, and Microsoft.
The advisors to the project have experience in law, marketing, capital mangement, venture capital, cryptocurrency/blockchain/smartcontracts, tech, AI, and solidity programming.
Most team members have verifiable work experience credentials via LinkedIn profiles, however some profiles provide little information. Many members of the team appear to be dedicated to other projects outside of DBrain. Some of the core team members and advisors have previous experience with blockchain, cryptocurrency, or smart-contract projects, investing, and ICO consultation/launch, and two members are titled as blockchain developers.
Positives: The core team is well rounded and has previous experience in the field of blockchain, cryptocurrency, or smart contracts.
Negatives: Not all members are fully dedicated to the project.

Company and Team Product

Token Sale

2.4
Token Sale
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

3.0
N/A
3 - Justifiable.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

1.0
N/A
1 - Not clear how funds will be used.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

2.0
N/A
2 - Unclear or suspicious.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

4.0
N/A
4 - Solid exposure and interest, good impression.

Token Sale

DBrain Token (DBR)
(Unofficial data; No ICO data provided on website or whitepaper)
Hard Cap: $20 mil
Soft Cap: $5 mil
1 DBR = 2 USD

Social Media Presence & Following
There is solid community engagment and reception.

Product

There is currently a publicly accessible and active github repo, as well as an alpha platform and telegram bot available for testing. Complete blockchain development/testing for the platform is planned to occur after the ICO, and the public release is planned to occur in 2018 (see Roadmap).
There is appeal to the DBrain product, given the increasing demand for AI software development. The potential / target user-base will grow with the adoption of AI and cryptocurrency in the general population. There is currently some normal competition in the AI technology sector, and blockchain competition will stiffen over time as adoption continues.
Competitors: Amazon Mechanical Turk, Yandex.Toloka, Crowdflower, Gems, Kaggle

Category Breakdown
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

3.0
N/A
3 - Interesting.
Target User Base

Is it mass market or niche?

3.0
N/A
3 - Has growth potential.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

3.0
N/A
3 - Some normal competition.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.
Product Score:
2.8

Use of Blockchain

The project’s contribution to blockchain development is in creating a blockchain platform that links crowdworkers and data scientists so as to enable them to transform data into real-world AI solutions. There is a disruptive advantage as the platform is aimed at connecting a diverse group of crowdworkers which may produce unforseen results. There is need for a custom token, which allows for pricing and settlements as well as interaction on the platform. The contribution to the blockchain ecosystem is in developing a new platform for the AI tech work economy.

Category Breakdown
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

3.0
N/A
3 - Automation; making something easier to do.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

3.0
N/A
3 - Potentially disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

3.0
N/A
3 - Interesting.
Use of Blockchain Score:
2.8

Whitepaper

The whitepaper is very well put together, professional and aesthetic, and contains a good mixture of media and textual explanation. The whitepaper is a decent length at 33-pages, and can be easily read and understood due to the amount of presented media and the organization of the text. The whitepaper provides high level information and includes main sections which are each described in detail: Introduction, Challenges, Platform, Use Cases, Revenue Model, Team, and Roadmap. The business and technology plans behind DBrain are concisely explained including detailed textual and graphical explanations.

Category Breakdown
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

4.0
N/A
4 - Informative disclosure.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.
Whitepaper Score:
4.0

Roadmap

A milestone roadmap is given on a quartely basis. Obstacles lie ahead as final platform/blockchain development and public platform launch will occur after the ICO. The roadmap is vague and no descriptions are provided of the intermediate steps required to complete each milestone.

Roadmap:
Q3 2017 – Proof of concept and research phase to define the need for a collective AI development tool / Assembling the team
Q4 2017 – Product development and MVP testing on the first business clients / Private seed round for $2.5m
Q1 2018 – Public Alpha version of web application and Telegram bot to label and validate data for crowdworkers (SPOCK) / Coin sale
Q2 2018 – Public Beta for training neural networks on labeled data, mobile app for data labeling / Dbraincoin (DBR) issue
Q3 2018 – Launch of the fully-running blockchain platform for building AI Apps with API integration for businesses / Partnership program for attracting business clients, active sales phase
Q4 2018 – Scaling platform to meet new markets with a focus on ever-growing AI community and client base

Category Breakdown
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

3.0
N/A
3 - Optimistic.
Vision

Is there a larger, long-term vision?

3.0
N/A
3 - A trend with potential.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

3.0
N/A
3 - Getting there.
Roadmap Score:
3.2

Compliance

The DBR-tokens have intrinsic value through their planned usage on the DBrain platform, allowing users to earn and pay for AI development. The token’s main utility is as a tradable financial instrument, as it is used specifically as a means to pay and settle transactions, but also allows interaction on the platform itself.
The token smart-contract infrastructure will be completed after the ICO, however there is an active github repo available for public review.
Compliance is addressed with direct statements of AML & KYC Due Diligence, and this is enforced with a manual screening process via whitelisting. The legal disclaimer states that the tokens are intended for use as functional utility tokens and are not viewed as securities. The terms and conditions of the sale aim to absolve the company of any liability regarding the ICO and any problems that may occur, and provide a general statment that the tokens are not to be deemed a security.

Category Breakdown
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

3.0
N/A
3 - Limited or uncertain use cases.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

3.0
N/A
3 - Prototype / MVP / alpha.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

4.0
N/A
4 - Specific, detailed.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.
Compliance Score:
3.2

Company and Team

Cardstack has an established team with 24 employees, 9 advisors, and 3 partnerships.
The core team has experience in entrepreneurship, AI platform development, mobile app develoment, R&D, data science, programming, back-end and front-end development, IT, product design, social media, communications, and product management.
The partners are very reputable and include Nvidia, Chronobank, and Microsoft.
The advisors to the project have experience in law, marketing, capital mangement, venture capital, cryptocurrency/blockchain/smartcontracts, tech, AI, and solidity programming.
Most team members have verifiable work experience credentials via LinkedIn profiles, however some profiles provide little information. Many members of the team appear to be dedicated to other projects outside of DBrain. Some of the core team members and advisors have previous experience with blockchain, cryptocurrency, or smart-contract projects, investing, and ICO consultation/launch, and two members are titled as blockchain developers.
Positives: The core team is well rounded and has previous experience in the field of blockchain, cryptocurrency, or smart contracts.
Negatives: Not all members are fully dedicated to the project.

Category Breakdown
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

3.0
N/A
3 - Minimally sufficient.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

3.0
N/A
3 - Mostly assembled and committed.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

4.0
N/A
4 - Well suited to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

4.0
N/A
4 - Good, sufficient for each aspect.
Company and Team Score:
3.6

Token Sale

DBrain Token (DBR)
(Unofficial data; No ICO data provided on website or whitepaper)
Hard Cap: $20 mil
Soft Cap: $5 mil
1 DBR = 2 USD

Social Media Presence & Following
There is solid community engagment and reception.

Category Breakdown
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

3.0
N/A
3 - Justifiable.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

1.0
N/A
1 - Not clear how funds will be used.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

2.0
N/A
2 - Unclear or suspicious.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

4.0
N/A
4 - Solid exposure and interest, good impression.
Token Sale Score:
2.4
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