AMA Summary with Heaven of Crypto

AMA Summary with Heaven of CryptoEdain SoftwareFollow7 min read·Nov 23, 2021 --

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On November 17th, Heaven of Crypto hosted an AMA session with Chris Edwards, Edain’s project manager. The key features and benefits of the Edain ecosystem, the C+8 Technology and its

knowledge measurement unit called EAI Tradable License Key were presented and discussed in detail.

The Heaven of Crypto official Telegram channel represents one of the leading AMA hosts with an audience of over 55.000 members.

CE: My name is Chris Edwards and I am Edain’s Project Manager. I’ve been involved with the project before it was ever a project and so is my colleague online with us this evening, Ms. Sarah.

Q1. Can you briefly describe ‘Edain’? We would like to know more about it and how it works? Could you provide us some details?

CE: Edain is perhaps the most ambitious data science project ever undertaken by a private entity. It’s goal is to build to world’s most complete data repository that can be accessed by

anyone with an internet connection for the purpose of performing real-time research via a ‘query to the system’ approach through software applications that are specific to a particular

interest, such as real estate, or logistics, or travel, entertainment or finance, and many more.

Edain goes out into the DataSphere and captures all of the available data we are able to source, no matter its type or structure. Edain then processes all of that data in a complex and fully

autonomous data analytics engine, whereby this processed data is available to associate all of the data in its data repository through causality and provide knowledge back to the user

against their query.

And although Edain’s ‘query system’ is designed to be n-dimensional (without any borders) and provide the best knowledge for any query no matter the level of complexity, I’ll leave you with

this example:

Imagine how much time it takes, traditionally, to research whether a dam should be constructed on a river. We must consider all of the ‘known’ factors, such as: economic impact,

environmental impact, social impact, physical risks, political risks, geopolitical risks, and so on. This research will take somewhere between a year and four or five years, depending on

size and potential implications and cost anywhere between $100k and $ millions of USD — and whereas Edain will return better research within minutes to a few hours at many tens of thousands

to millions less $.

Q2. What critical problem does Edain solve that existing solutions are not solving and what’s the competitive advantage?

CE: There are a few principle problems that Edain addresses that have prohibited this from happening before. Namely, these long standing barriers have been; the inability to generalize

unstructured data, the inevitability of human bias, and the sheer task of designing a system that allows data to self-organize (autonomously). There are other limiting factors, but

overcoming these allows for major breakthroughs on the scale necessary to do what we are doing with Edain.

Our principle competitive advantage is scale in the n-dimensional context and accuracy of analysis for the elimination of 1) human bias, and 2) you don’t know what you don’t know. There are

a number of transformative features, but these are the central benefits.

Q3 : Can you guys share the tokenomics of Edain and some of the special features?

CE: In very broad terms, the tokenomics for Edain have a fixed hard cap of 470 million tradable license keys (TLK). Half of the keys will be offered through the presale period ending March

29, 2022. Those unsold during this period will be burned and made available in the staking pool. The balance of EAI will be made available on the open market beginning the day we list on

March 30, 2022.

Edain has a 24-month vesting schedule that requires buyers of EAI during the presale period to hold their over a schedule that releases a proportion of their presale acquired license keys

each quarter. That schedule can be found here: https://edain.ai/tokenomics.

Included in the vesting schedule are founder tokens, too. This is meant to prevent speculators from dumping their license keys at the time of listing or over a short period of time

thereafter that could comprise the value and stability of the EAI license keys.

Q4 : Can you share with us the roadmap and what updates are coming in the near future?

CE: As Edain has already developed its C+8 data analytics engine over the last 5.5 years and the Knowledge Vault has also been built, we are beginning to scale during this presale period.

Although this will be an ongoing process much like Google is always improving and scaling its search capabilities, so will Edain always be in the business of improving its analytics

capabilities and scaling as the world produces more and more data for us to consume and more users are logging on for knowledge.

Following the completion of the presale, we will begin releasing the first of our knowledge apps to the general market. And our business model provides that we will be in the business of

building new knowledge apps, while managing 3rd party software developers who can add value as app developers using the C+8 processed data that resides in the Knowledge Vault. In parallel,

we’re continuously improving the capabilities of C+8 and the Knowledge Vault to accommodate more users and incoming data sources. Over time, we envision tens of thousands of knowledge apps

being developed to address nearly every imaginable need for knowledge.

We intend to get to the point that new knowledge apps are being released every day.

All the while, we will always be in the business of enjoining strategic partners that can help with data procurement, marketing and PR and adoption of new businesses using the Knowledge

Vault for more efficient and better decision-making capabilities.

Q5: What is your knowledge in the field and what makes you an ideal team to make this project a success?

CE: It is indeed an absolute truth that every business is as good as its people and we’re happy to talk about our team, as such, at the outset, Edain is a pairing of two really solid

companies; CryptoDATA Tech and Prisma Analytics. The guys at CryptoDATA are skilled software developers and experts in developing blockchain tech. People that buy through Edain’s network

marketing platform at Zixxar receive their in-house developed hardware products and they’re pros in data encryption.

For its part, Prisma Analytics is a big data analytics developer focused on AI based solutions for data management problems. Our data analytics engine inventor is Dr. Hardy Schloer who has a

lifetime history of more than 40 years as an innovator and developer of complex system solutions. Dr. Schloer has quite a number of patents to his credit, including some that are relevant

to the tech we use in the Edain Knowledge Ecosystem. He is also credited with building the first-ever working model of cloud computing back in 1998 and for which Dr. Schloer received a

patent.

All of the people and companies involved in the project are well published and transparently available to be researched online. Frankly, a quick review of both companies and their founders

is a wise use of time and will shed a lot of light on the quality of individuals involved in Edain.

Community questions @Shidad KThe C+8 Technology’s assets are part of the Edain knowledge ecosystem. How much of the C+8 Technology it is necessary for the project’s success and, indirectly,

for achieving greater benefits?

CE: Hi, Shihad! All of C+8 is required for Edain to work and be successful. We see this question alot and its kinda like asking someone how much of the engine in their car is equired for it

to run. Same as the car, all of C+8 is indeed required.

@Captain MarvelStaking program is very important for any project. Can I stake your project? Do you have any plans of starting a staking program?

CE: Sure, Captain!The staking begins on March 30th, so you may look forward to that.

@DorakataYour project has great features. Do you have an audit certificate or are you working to audit your project to make the project more secure and reliable?

CE: Hi, Dorakata!As we have yet to mint the EAI tradable license keys given we’re in our presale phase, there has been no tokens to audit. That said, we will of course perform an audit

immediately following the minting of our EAI. Regular audits will be carried out thereafter for the purpose of our own needs, but also for the purpose of providing the necessary transparency

required to earn our community’s trust over time.

@Only Chil9Do you have a whitepaper? If yes, please share it with us, and secondly, do you have plans for pre-sale? Now where can we join it?

CE: Hi, Only Chil9!

We’re in our presale now and that period ends March 29, 2022. EAI will be minted March 30 and the EAI token will list at that point for $1. We do have a whitepaper. You can find it here:

https://edain.ai/static/media/Edain-whitepaper.370b8df2.pdf

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