Within just a few decades of Alan Turing proposing the question: “Can machines think?”1 and Joseph Engelberger developing the first robot prototype2 , robotic machines were adopted on a massive scale in the industrial work space. Robotic arms can be found on every assembly line, manufacturing automobiles or preparing meals. The revolution of industrial robots was fueled by advancement in computing power and artificial intelligence. The former allowed robots to be programmed. The latter gave robots complex reasoning ability. Coupled with sensors, robots could interact with the real world to handle a wide range of tasks. Large economic value, captured by specialty machines working around the clock, hastened the use of robotics on all manufacturing lines. Although robots have fully affirmed their place on the industrial floor, they have not yet been adapted to the home. After more than half a century of research, progress has been slow in making affordable robots that can address our everyday needs. Traditional development processes used by robotics companies result in high cost production, effectively isolating the everyday consumer market. Only robots programmed to do very simple household tasks, such as vacuuming or mowing, were able to capitalize on the small profit margin. Highly functional robots, including the Honda Asimo3 that can walk up the stairs and the Toyota’s Human Support Robot4 that can fetch, only exist in research facilities due to their expensive price tags. Neither will be commercially viable in the near future.
Quarter 2, 2018
Attention. There is a risk that unverified members are not actually members of the team
$3 770 005
$33 514 141
$52 500 000
$8 401 157
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:For flipping: BWhile the idea, team, technical and business development progress are all above average, the nature of the project (robotics and AI) is still somewhat niche. The market currently favors blockchain protocol and infrastructure projects, and higher layer projects like Kambria do not generate as much awareness.For long-term holding: AWe are bullish on the long-term prospect of the project. Many companies would like to incorporate robotics in their operations but shy away because of the high initial setup and recruiting costs. With Kambria, any company is able to develop and produce robots with much lower costs.If the team is able to attract developers, manufacturers and companies to generate the network effect and gain traction (which they are already doing a good job on), the potential can be substantial.
● Kambria is a new kind of open source: global scope and scale like Android & Linux, including hardware, software, firmware, artificial intelligence, and manufacturing processes.● The is a benefit in terms of all the stakeholders involved from a symbiosis point of view thus bringing it all under one ecosystem.● April 2018 MVP released with with full launch of product in Q2 2019.
16-July. Kambria is a very cool idea, but the robotics industry is not yet mature. This is an infrastructure project trying to raise 19 million. It would need to score more points for token metrics to be an all-star ICO. Kambria only gets .5 points of 4 for token metrics. There is 5 billion tokens total, and 2.5 billion are being sold during ICO. Link
Kambria is not the first project aiming to create an AI & Robotics development platform on blockchain. Recently, singularity.net and effect.ai, projects working in the same field, conducted ICOs and raised $36M and $13.5M respectively. Singularity.NET has a team of strong AI specialists and already launch Alpha Version of the product. Botchain by Talla is working in the same area and will soon announce Public token sale. The Beta version is not available and will only be released in June - December 2018. The team does not provide a GitHub link to track the progress of development. The team promised to open source and provide complete KDNA for the entire Ohmni robot to jumpstart the development of Kambria. For 9th of May 2018, it has not yet been published. The given roadmap only describes the product development up until Q1 2019 with just 2 milestones.
The stated fee size might be amended at the later stages of the product development. The team will reserve 20% of tokens for itself using vesting scheme. However, this number is comparatively large. The OhmniLabs (which is created by the founders of Kambria) reserves 10% of the tokens, so additional 10% will be held by the core team. The team does not allocate funds for legal issues in its expenses pie chart. The amount of anticipated funds spend on marketing (35%: $4.2M - $12.5M) seems overvalued.
All of the co-founders are still employed at Ohnmi Labs - it might be a risk for scaling Kambria. Some of the team members do not state Kambria as a workplace on LinkedIn
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