Category: Blog

For the past few months, we’ve had a lot of questions from our community, potential investors, media and partners. We were trying to give as straight and as frequent answers as possible, but sometimes there were just not enough light hours to cover everything.

So, we had a chance to take a little breath, gather our thoughts, drink some cappuccino together with our CEO Alex Bondarenko and provide answers to the most frequent questions and inquiries. Let’s start, shall we?

Q: What is going on with Discoperi’s ICO and when will the public sale start?

A: Currently, we’ve decided to stay in private pre-sale round till the end of this year. The decision was hard to accept, but totally driven by a realistic picture of our development as well as industry-wise status quo. We have the best development team in place, working 24/7, we have massive interest from the investors (institutional funds interested in the blockchain, AI and mobility), and support from drivers’ as well as crypto communities. One thing that we are missing now is a ready-to-be-used product. Merely saying, AI (artificial intelligence) takes more time for the education.

Talking about the ICO dates we expect it to happen end of Q1 — beginning of Q2 2019. We have already done most of the steps (built investors’ dashboard, issued DISC tokens and made all the necessary arrangements required to launch a public sale). Once the full product or at least its ready-to-be-used part is there, we will proceed with the ICO. We want people to see what we can deliver and share our vision of a better future.

Q: When will System ‘EYE’ be available to the public and how people will be able to obtain the device?

A: First of all, let me tell you a bit about our AI development. Since May 2016, we massively proceeded in the visual recognition. What was as an idea, in the beginning, today seems to be a successfully done job. We can identify vehicles (type, brand, color, plate numbers, etc.), road signs, lanes and distance among different objects. This is a quite sophisticated level of AI advancement. However, it’s still not 100% of our final product. I would say that we need to spend another quarter or two on the building the algorithms and finalization of the full functionality of System ‘EYE’.

Talking about the timing, the first devices you would be able to find on our roads in Q2-Q3 2019. Starting from Spain, the US, Germany, France, Italy, the Netherlands, UK, Poland, etc. We would need to conduct trials and testings. Thus an individual may expect to buy it in Q3-Q4 2019. It’s also important to mention that we already have a pre-orders on 3.5 million of devices, coming mainly from Europe: Belgium, Germany, France, Spain, Russia, Poland, Ukraine, Georgia, Belorussia, etc. Thus if you would like to buy one, it’s better to sign up on our website as soon as possible.

By the way, we will sell the very first devices to our supporters and community members, in particular to those, who contributed during the ICO. In a way that any contributor may exchange his DISC tokens for System ‘EYE’ device. All the rules and conditions aren’t finalized yet but will be provided you with more details. Regarding where future buyers may purchase devices, we will partner with multiple partners, however no information here as well for now.

Q: You’ve announced that Discoperi will have its blockchain. Are there any specifics?

A: Indeed we partner with UNSW on the blockchain development as well as leverage expertise of Vareger — another partner of ours, which gained substantial expertise in blockchain building, auditing, etc. We work together with both partners to come up with the solution that may revolutionize blockchain industry for data transactions and IoT devices. Once it’s ready, you will see the use case for a blockchain in an entirely new way. And the core part will be our System ‘EYE’. We expect to demonstrate a beta-version of Discoperi Blockchain Protocol by Q3 2019.

Q: Will System ‘EYE’ be the only product provided by Discoperi?

A: Well, System ‘EYE’ for us is the main product as it allows us to achieve our main mission, which is to make roads safer by preventing road accidents and enabling drivers to control and monetize their automotive data. In the same time, during the development process, we discovered many new features, which are parts of System ‘EYE’ today. The coolest thing is that each feature of System ‘EYE’ can be brought independently on the market, yet still maintaining its meaning for the whole puzzle. It can serve a specific need of our users and take one or few of the problems down while keeping the track on what we do and where we go.

We’ve already started preparation of a couple of such “features” that will be available for anyone soon. We expect that at least one of them will be ready by the end of the year, yet not sure about the launch time. Probably, right after the preparation. Once it’s ready and tested, we will share the news with exact names, details, etc.

Q: What are the plans for the future and what should the community expect from Discoperi?

A: Our plans are very ambitious. Beyond finishing the System ‘EYE’, launching ICO with DISC tokens, Discoperi Blockchain Protocol and Discoperi Ecosystem (please find more details in Discoperi’s white paper), we plan to deploy our products globally. We clearly understand our role as inventors and executors simultaneously. If we work well, we will save many millions of lives. If we do our things with a great passion, commitment, and perseverance, we will turn the numbers of road accidents down to zero right before self-driving cars are everywhere.

From another side, we will also continue working on eliminating automotive industry inefficiencies, in particular, in data transparency, privacy, and monetization. We expect that by 2021 we will enable transactions of more than 10 billion data points. In every transaction, the individual driver will benefit at first, and he/she will be running the party. In the same time, we expect a huge mutual value for insurance companies, fleets, governments, etc. We clearly see Discoperi to be among the top-10 largest companies in the world. But we can achieve this position only by bringing to this world unique technologies and products, which will innocently serve people and making our world a better place for generations.

In early September Discoperi established a mutually beneficial partnership with Vareger, an international company, specialized in blockchain, web, mobile development and backend integration.

Vareger develops investors’ dashboard for Discoperi token sale event (DISC token sale). All processes will be accompanied by smart contracts, which confirms the subsequent accurate transactions in tokens and absolute security.

“We believe that a secure smart contract is an absolute must to have for our partners and contributors, thus we chose a very strong and reputable partner”, Alex Bondarenko, Founder & CEO of Discoperi. ”Also, there was a great amount of work done in developing DISC token usability and its implementation into Discoperi Ecosystem, Vareger also helped to strengthen our position in the crypto community. We are very glad to work with such a strong strategic partner, expand our community and contribute to the automotive revolution”.

About DISC token

DISC token is a ERC-20 utility token, issued by Discoperi during its Token sale. The token allows its owner to exchange it to a certain amount of products, services, and data within Discoperi ecosystem. Many products and services in the Discoperi Ecosystem will be exclusively sold with DISCs tokens, while others will maintain significant discounts. For example, DISC token is the only acceptable currency by Discoperi Ecosystem in the process of selling automotive data. Once 3rd party companies and organizations will be verified for Discoperi Ecosystem, you will also be able to purchase their products with tokens.

The problem of accidents related to road transport in the last decade has become particularly acute due to the incompatibility of road and transport infrastructure with the needs of society and the state in safe traffic. Discoperi project involves the development of a model device + software, which mixes advanced technologies such as Blockchain, IoT, Big Data and AI.

Protect yourself, family and friends

Receive notifications when any risk is detected. System ‘Eye’ is installed on the windshield of a car, truck, motorcycle, etc. More than “just a camera”, it is a smart IoT device that is able to identify and parse data such as road situations, weather factors, vehicles characteristics and status, driving behavior. Upon capture, System ‘Eye’ transfers it to the cloud, adding new elements to the collective intelligence of the local community.

The device has such properties as a Full HD, a high-speed connection, (10+ Mbps), 3G/4G/5G and more. All these features allow it to get a full picture of what happens on the road and exact behavior of its participants.

Secure all important information with the blockchain. Data reliability is a crucial factor at every stage for System ‘Eye’. Data capturing, analyzing, sharing, alarming, storing and monetizing shall be sustainable and resilient from any internal and external vulnerabilities. A fast, secure and reliable blockchain is a must.

How System ‘Eye’ gets the data and monetizes it? Once the data is received by the cloud, there is a strong need to validate it. For example, to check if there are recent updates on stolen cars, etc. In case the system identifies the data from a vehicle as such that it has important insights, the cloud automatically requests from the vehicle additional information: photos and videos on the captured data. This data is then encrypted and sent to the cloud where it is stored. Later, this data may be used as a proof in a court and validation of exact records.

Improve your driving experience by sharing your driving performance to get better insurance premiums and cool promotions from the road services and partners. Another good thing about it is that you can get paid for the data supplied! Use your reward to buy products from our partners and services or exchange it into fiat currency.

For Driving Schools

The Discoperi project can also be useful for driving schools. Being a driving teacher, you can ramp up your students’ learning curve. Uncover hidden driving practices and traffic secrets for your students with a new AI-based analytical tool. Additionally, you can provide a remote support to your students. Be there when it’s needed!

Insurance companies

Protect your clients, employees, and assets. Discoperi transforms multiple industries which are heavily interlinked with the automotive sector such as Insurance Companies which gives a considerable value from being able to assess driving behaviors, and related discounts and rewards for safe drivers; or Fleet Management Companies — means autonomous fleet management which has the potential to become the biggest revenue pool in urban mobility.

Probably you’ve already read about the advantages of System ‘Eye’ before in our blog. It helps to prevent road accidents by analyzing the surrounding drivers’ behaviour and predicting the potentially hazardous situations on the road.

Sure enough, the benefits are obvious. By itself, System ‘Eye’ will save millions of lives, rebuild the automotive insurance industry, prevent spending billions of dollars on repairs, utilization and production of new cars, which will be beneficial even for the ecology. But what does System ‘Eye’ mean for you as a driver?

It pays you

The majority of System ‘Eye’s functions are built around collecting, processing, storing and accessing very large amounts of data. While some functions are performed inside of the device, lots of them still require some kind of infrastructure to run on. However, System ‘Eye’ is built using blockchain technology and becomes a part of that infrastructure by itself, and pays you for using your device.

All the collected and processed data can be requested by someone for analysis, and you get paid for taking part in it. Say you’ve seen a car accident and shot it on your System ‘Eye’ while driving next to it. The data your device has collected and processed is valuable for police and insurance companies, as it will show lots of details which will lead to understanding the accident, and you get paid for that data in DISC tokens.

That was only one of a hundred possible moments when you are contributing to someone and get paid. Apart from insurance companies and police, infrastructure owners can use System ‘Eye’ for collecting the road data and plan rebuilds and maintenance, local governments can use it while seeking for traffic calming or minimizing measures and so on. You provide all of it and get paid.

After the launch of our own Discoperi Blockchain Protocol, you will also be paid for supporting it with your device: becoming a node, or simply hosting or mining the transactions over it. All of it will be paid out in DISC tokens.

What are DISC tokens?

DISC tokens are the primary payment medium in the Discoperi infrastructure. For every valuable data you provide, smart contracts pay you instantly in DISC tokens.

What a run we have! It’s not the end of the year but we have a lot to sum up and more news to share with our followers.

Discoperi team had a productive summer visiting Dubai International Blockchain Summit, the biggest blockchain event in UAE, and also won the Startup World Cup to compete for a $1,000,000 investment prize in San Francisco next year. That is definitely something we can be proud of.

Other than that, this summer we received the first prototype of System ‘Eye’device. We presented the device publicly for the very first time at TechCrunch Disrupt SF, the most exclusive event in the tech industry, just a week ago. And it gathered crowds.

Recently, we have also attended Coinsbank Blockchain Cruise with over 2500 experts and advisors from the blockchain world and spent 4 fabulous days sharing our vision with the most prominent leaders in the blockchain and crypto world and making new connections with world’s biggest media reporters.

But more to come.

Tomorrow, our CEO Alex Bondarenko will be in Katowice at Impact Mobility rEVolution’18 speaking about road safety, drivers community and how blockchain technology helps us build a decentralized network of connected vehicles. If you want to find us there, visit the Challenger Area or just email us or Alex.

Next week Discoperi team is heading to San Francisco to participate in TechCrunch Disrupt 2018. We are extremely excited and can’t wait to present System ‘Eye’ device for the very first time and show how it works to the tech community.

Our Location: Mobility powered by Here Technologies, Booth C105

Traveling across the world for the last two years and pitching Discoperi and System ‘Eye’, we have learned some valuable lessons and we are glad to share them with our colleagues today.

1. Contact journalists and investors

Once you’ve decided you are coming to TechCrunch Disrupt start your intense ground game immediately and go to everybody you can reach to share that you’ll be at the event. Tell them who you are, what you’re showing and why it’s unique. Make your calendar full of meetings with journalists, investors, and experts who could become your advisors. Disrupt is your best chance to have a real talk with the tech leaders.

2. Make eye contact

One of the most common mistakes almost everyone makes is standing with your back to the aisle. No one will see you and the worst thing — you will see no one. Remember how disparately you wanted to pitch your startup story to WSJ editor or Business Insider reporter. Now imagine, that most probably they will be at Disrupt and you can actually talk to them and introduce yourself and your company. This is the best way to reach out to journalists and get them interested in your project.

Another great opportunity is to find your next investor. Make eye contact with everybody who comes along and if you see their eyes are intrigued come up to talk with them and invite them to your stand. Be ready to make a conversation either they look interested or bored, prepare to answer questions, make sure you learned your pitch backward and forward.

3. Stand out from the crowd

Disrupt is very noisy. Last year, TechCrunch gathered over 5,000 attendees. Probably, your stand will be next to lots of other prominent startups. If you want to be heard and noticed, you have to rise above the crowd with fewer words, not more.

Putting your startup’s idea or solution in one succinct sentence will show prospective investors the essence of the business and possible opportunities.

4. Make a perfect pitch

We already know that time is everything and you have to put the most distinguishable features of the product in front of your words. As mentioned above, you should know your pitch from A to Z. But what really makes it work for you?

A pitch should always include three major pieces:

• Who you are and what you do (7–10 seconds)
• What differentiates you, your innovation (10–15 sec)
• What is your story, your team or how you implement/monetize, use cases

The audience at Disrupt is interested in working with innovations, funding and acquiring it.

Prove that your solution is revolutionary, has no direct competitors or will outstand with undeniable advantages.

Last week, we have finally received a new prototype device for System ‘Eye’. As we expected, it looks neat and it’s hard to believe that a tiny device like ours can contain a powerful intelligent platform. Nevertheless, as you can see from the photo above, System ‘Eye’ looks just like a driving video recorder, although it’s so much more than that.

Many of our ambassadors and early adopters ask what exactly a smart System ‘Eye’ device will contain. So far, we can disclose only its major components.

System ‘Eye’ includes an 8 MP video camera that records the data while a car is on move and a super high-powered processor that could process, store and transfer the data to the cloud and share it across the ecosystem. instantly.

The device’s camera has a viewing angle of 120° and supports Full HDresolution (1920×1080) and 30 FPS (frame rate per second). To make it possible to store, share, and transfer the data across the community, we use 3G/4G/5G network connection protocols with a lightning speed of 150MB/s.

The processor unit is embedded with a complex end-to-end platform that is based on continuously evolving and self-learning AI algorithms and a big data analytics tool. Also, System ‘Eye’ contains a decentralized network of connected vehicles (DNCV), which means that all cars are connected in a single network and are able to exchange the data points among each-other. Thanks to our a fast short message protocol (FSMP), we can do that in a very organic and low cost way.

Discoperi Blockchain Protocol (DBP), which we build together with a prominent research institution (more details would come soon in our official press release) allows us to add to System ‘Eye’ a new functionality for automotive data monetization. A regular driver will get paid with our native DISC tokens for the important information he supplied to the System.and a blockchain-based network protocol. Thereby, a driver can make his trip safer, positively contribute to the community and make an extra buck.

Why do we combine all these technologies?

While the camera is recording everything that happens on a road, our intelligent system identifies and analyzes all events (speeding, parking) and participants (cars, bicycles, pedestrians). After incoming data is processed, the system predicts future events and alerts drivers. Multiple protocols allow drivers and third-party devices to collect and monetize data within the community. Based on bBlockchain allows our, our solution to eliminates the tiniest possibility of data manipulation, fraud or hiding.

System ‘Eye’ device has 45 mm in height, 55 mm in width and 70 mm in length. It weighs only 245 grams and can fit in a hand.

It will be shipped with a standard guarantee of 1 year, but there are no worries about its quality as we use the best durable materials and monitor manufacturers to keep up with the product requirements.

In the future, and we maintain these discussions already, smartphone manufacturers will supply devices powerful enough to deal with System ‘Eye’ strong requirements. Hence, a buyer will have a choice: to purchase a new device or a new powerful smartphone or both devices to enjoy the full user experience with System ‘Eye’.

No matter how good System ‘Eye’ looks now, we are still working on it and believe that there is always room for perfection. We keep testing and upgrading the system, its algorithms, and the hardware.