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What is Bottos(BTO)?
BOTTOS is a decentralized data sharing network protocol based on the Blockchain technology. It is also a consensus-based one-stop platform to implement the registration, distribution, and transformation of the data among different participants within our broad-based AI ecosystem. Using the BOTTOS platform AI product or service providers can obtain specific training data in a more reliable and economical way, whereas the data contributors can declare ownership of the data as a personal asset and capitalize this asset via the token reward system as well as can have the better control of the data privacy through BOTTOS’ protection mechanism.
The Use of BTO Token
BOTTOS will issue a token called “BTO” to reward the participants in the network. The AI product developers can purchase BTO and use it to reward the data contributors later if they have the need for data acquisition or other services such as data cleaning. The AI project team can also leverage BOTTOS to issue their own token to fund their development. The data contributors can provide the original data, validate the data, or transform the data to meet the specific requirements and get compensated with BTO or project specific tokens. As the demand for AI data and models increases the value of the tokens also appreciates. With the success of the AI project, their own tokens issued in BOTTOS will be also worth more. So early-stage adopters and data contributors can realize their profits by selling the tokens to others later whereas the AI product providers can acquire the data, fund their projects, and gain the market valuation of their products effectively through BOTTOS, which will boost the value of their company and liquidity by connecting with the market directly.
BTO Distribution
12% - The founding team
37% - Foundation/Community
51% -Crowdsale & Private placement
For more details please refer to Bottos Official Website
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