The INSPEM service was introduced in 2015; it allows users to find other people that they have randomly encountered on the subway, in the parks or any other locations. We assumed that such kind of service would predominantly be used by the male audience. However, as the statistical data shows, females made 40% of all announcements. Ladies have been simply taking pictures of the guys they liked on the streets from the afar, uploading those pictures to our service and waiting for some acquaintance to recognize that guy and share his social network profile.
This is exactly what the first version of the product was a few years ago. At the time of foundation of the service we wanted to become some sort of an analogue of «Wait for me» TV show, but as an online service.
For your information: «Wait for me» is a Russian TV show that helped to find more than 200 000 of people since it first aired in 1999. A new request to find people from all corners of the Earth is received every 10 minutes. More than 3 million of lost people are in the show’s database. There are only two countries, in which «Wait for me» does not search for people yet, and those are Antigua and Barbuda and Cape Verde.
By 2016 already, we decided to change direction. Our desire to reach the multibillion market and become a more technologically advanced company, which employs artificial intelligence and is able to apply video analytics based on learning neural networks for face recognition – these have formed a new vision of the INSPEM platform.
Employment of Big Data and advanced video analytics allow us not only to satisfy the requests of private individual to solve everyday tasks, but also to use our resource to solve more noble and important tasks. These tasks include the city safety provision, direct involvement in criminals search, saving people’s lives on the streets, becoming a more effective way of missing people search. In collaboration with the world’s IT giants we would be able to establish «smart cities».
The INP token essence
INP – is an Ethereum based token, which supports the ERC-20 standard.The INP token is a utility-token, since it is only appropriate for usage of theINSPEM platform’s internal features. The token holders do not received dividendsand do not participate in company managements. Therefor INP is not a securitytokenand is not affected by the financial regulators.
Token name: INPPlatform: EthereumToken standard: ERC 20Base price of a single token: 1 ETH = 5000 INPMinimal transaction: 0.1 ETHEmission and the IPN token distribution
The IPN tokens would be released once during the ICO. The further emission oftokens is not intended. The Ethereum smart-contact was created for the fundraising during Pre-Sale and ICO, it’s published on the open GitHub repository:https://github.com/CROMLEHG/INSPEM
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INSPEM is a block chain based artificial intelligence platform that is able to recognize faces and objects using phones and static cameras.
The of the platform as a result of artificial intellect and numerous face recognition system enables faster and easy ways of curbing insecurities in the cities and reduces the processing time. I would therefore invest in this project.