LOGICxSONIC Documentation
Welcome to the documentation for LOGIC, an innovative machine-learning-as-a-service (MLaaS) solution that leverages blockchain technology to make machine learning more accessible. This document provides an overview of our solution, features, tokenomics, and our vision for the future.
Table of Contents
- Introduction
- Overview
- Industry Problems
- Our Solution
- $LOGIC Token
- Use Cases
- Go-To-Market Strategy
- Tokenomics
- The Future of ChainLogic
Introduction
LOGIC is a decentralized machine learning solution built on the Sonic blockchain, aiming to democratize access to artificial intelligence. Our codeless platform enables users to create, run, and share machine learning models without the technical barriers typically associated with AI development. By integrating with Sonic's blockchain, LOGIC delivers ML services with reduced costs and increased accessibility.
Overview
The combination of AI and blockchain technology is poised to revolutionize industries by providing unparalleled opportunities for growth and innovation. LOGIC aims to harness this potential by offering a no-code MLaaS solution. Our platform, ChainLogic, runs on Sonic's decentralized infrastructure, providing computing resources for ML tasks while ensuring scalability and efficiency.
- Machine Learning Potential: The AI market is expected to grow to over $528 billion by 2030, with significant opportunities in decentralized solutions.
- Thesis: AI and machine learning are currently inaccessible to many due to the requirement for coding knowledge and costly hardware.
Industry Problems
Despite the immense potential of AI, there are several obstacles to its adoption:
- Lack of all-in-one decentralized solutions for developing and running ML models.
- High barriers to entry, including significant coding expertise and expensive hardware requirements.
- The complexity of the current ML landscape prevents easy access for non-technical users.
Our Solution
LOGIC addresses these issues by offering a streamlined, decentralized platform:
- Codeless ML: A simple interface allowing anyone to create, run, and share machine learning models.
- 1-Click Model Execution: Users can collect data, build a model, and receive results with just one click.
- Community Competition: Incentives for the community to build and share models, driving collaboration and innovation.
- Partnership with Sonic: Leveraging Sonic's low gas fees to reduce the cost of running ML models.
$LOGIC Token
The $LOGIC token is the currency of our MLaaS platform, enabling interactions between users and GPU node providers:
- Payment for Resources: Users pay for ML tasks in $LOGIC, which scales based on the complexity of the task.
- Node Incentives: GPU providers earn $LOGIC for contributing their computing power.
- Burn Mechanism: Weekly burns of $LOGIC tokens to maintain a stable supply and avoid inflation.
Use Cases (Coming Soon)
- Price Prediction: Users can access predictive models for asset pricing, leveraging pre-built datasets or uploading their own.
- Model Marketplace: Successful models can be sold on the marketplace, incentivizing innovation and providing access to high-quality AI models.
- Sports Betting: Probabilistic predictions for sports events with automated contract execution based on predictions.
- Generative AI: Users can generate images and videos with one-click NFT minting.
Go-To-Market Strategy
Our strategy focuses on partnerships and user engagement to drive growth:
- Influencer Partnerships: Collaborating with influencers to boost visibility.
- Token Launch: Initial fundraising through token launch on a decentralized exchange (DEX).
- User Engagement: Community engagement through testnets, leaderboards, and social media rewards.
Tokenomics
The distribution of $LOGIC tokens is designed to reward early adopters and sustain platform growth:
- Founders: 20% - Locked for six months, with limited distributions until 2032.
- GPU Node Incentives: 14% - Rewards for early node providers.
- Ecosystem Rewards: 10% - Airdrops, competition rewards, and community incentives.
- Initial Token Sale: 18% - Used for liquidity, developer funding, and server costs.
- Ecosystem Funding: 28% - Weekly burns, developer funding, and grants for partners.
- Marketing and Advisors: 10% - Supporting strategic marketing initiatives and parternships.
The Future of ChainLogic
Our roadmap includes:
- Testnet Launch: Launch of testnet to demonstrate price prediction and model building.
- Leaderboard Launch: Competition among users to create the best predictive models.
- Mainnet Launch: Full deployment of ChainLogic on the Sonic blockchain.
- Strategic Partnerships: Expansion through collaborations with GPU providers and other blockchain projects.
Thank you for exploring LOGIC. Our mission is to democratize AI, bringing the power of machine learning to everyone.