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Startup IDEA:- INVEST IN AI MODELS by tokenizing it and selling parts

1 points by askmany ↗ HN
Okay so the idea is similar to ICO(initial coin offering) in which different AI models will be tokenized and funds will be raised.

The idea is to create a platform where engineers can raise funds on the models created by them.

please review & suggest!

8 comments

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PaulHoule
Is this like: I buy $500 for a token that entitles me to 5,000,000 API calls?

In the future the retail price of an API call could be ten times that, so even if I don't want to do the API calls I could sell it to someone who would for $5000.

One trouble is I see a lot of variance in terms of how an individual A.I. model will turn out, particularly as judged by a user. Buying into one of these looks like a risky business so if I was going to buy into one I might want to buy into ten.

Whoever is bankrolling the model should have some input into the test data if not the training data.

askmany
yeah something of that sort
orbz
You’re going to have the same problem that ICO’s and existing AI models have: there’s no moat. It’s technically trivial to copy successful AI models/web3 projects.
askmany
umm maybe a its a short-term play
sp332
If you're actually selling a stake like that, it will probably be regulated as a security and you need to keep the SEC happy.
askmany
well its a stake in API calls , thus wont attract SEC
billconan
What is worth investing in are not the models, but the people behind them who can continue to drive improvement.

A model gets surpassed by another pretty quickly now.

Similar to a car engine, which is a consumable item, it's not worth investing in.

askmany
but doesnt the model keeps on improving its own self ? so basically its "investing in the team" & not just the model