Please describe your proposed solution.
We are continuing the creation of our decentralized protocol for physics simulations and inference used for discovery of therapeutics, drugs, and other industry relevent materials (even Quantum materials) using Machine learning while leveraging Nunet for decentralized computational resources. We aim to make our protocol open ended such that enhanced physics simulations can leverage knowledge from Deep Learning [1], to neuro-symbolic AI [2], quantum chemistry [4], cognitive architectures[5], etc. Additionally, we are building a tokemonics system to incentive computation, data, algorithm development, mining, and community rewards for collaborations and support from individual community members, academics, and even corporations. One of our driving principles is the coupling of advancements in artificial intelligence to advancements in functional near-term technologies.
Our solutions will be useful in markets like Biotechnology, Artificial Intelligence, Chemical Synthesis, and many more. These are quickly growing markets, and would be absolutely amazing for the health of the cardano ecosystem to bridge the market demand home. Take for instance just the Biotechnology market; it is expected to surpass 1.5 Trillion by 2030 and growing at nearly ten percent per year [6].
We're aiming to engineer a substantial shift in the way we compute with Nunet. Essentially, we're building a computational environment designed for smooth integration of multi-scale simulations. This system will use both theoretical and AI-driven algorithms, developed from various data sources. The idea is to improve knowledge extraction and incorporate cognitive principles, establishing a highly interconnected computational network within the physical sciences.
The goal is to match and eventually exceed the capabilities of current High-Performance Computing (HPC) infrastructures. In an ideal scenario, once Nunet is fully developed and backed by a substantial ecosystem, we anticipate the ability to simulate molecular systems faster than most leading supercomputers today.
All of our code will be developed with parallel processing in mind, targeting multi-virtual node CPUs and GPUs. By integrating AI into our approach, we aim to overcome many traditional limitations encountered in high-level computations. Our method promises not only to optimize resource usage, but also to reduce the time required to reach solutions, providing a unique, powerful toolset for innovation in the sciences. We hope these tech-focused details provide a compelling reason to cast your vote in our favor.
Find more information in our LitePaper: https://www.hetzerk.com/litepaper
References:
[1] https://pubs.acs.org/doi/10.1021/acs.accounts.0c00472
[2] https://arxiv.org/abs/2006.11287
[3] https://pubs.acs.org/doi/10.1021/acscentsci.0c01236
[4] http://quantum-machine.org/gdml/
[5] https://arxiv.org/abs/1410.5401
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Our proposed solution aims to directly address key areas of the challenge, specifically focusing on computational services and smart contract automation for industrial and research entities.
From an industrial viewpoint, our computational protocol enables users to exchange tokens for precise computational modeling of specific systems or private/public algorithms curated by a wide variety of entities, which may include individuals, research labs, corporations, or community contributors. For the Cardano community, this proposal envisages a reward system, remunerating contributions in areas such as data provision, computational resources, algorithmic development, mining, and technological innovation.
Rewards are primarily derived from the following processes: physics data (incorporating experimental data, simulation data, and theoretical data), computational resources and storage provision, algorithm advancements (including the creation of new algorithms, neural network training, performance enhancement of existing networks), mining operations, and broader technological development. Mining, in this context, refers to the ultimately automated procedure of executing specific computations proposed by community members or recommended by an AI agent. Anyone can participate in this process through staking or resource allocation. Furthermore, entities that contribute to the protocol's development through any of the aforementioned avenues, including mining, can gain rewards through a prearranged distribution of tokens paid by industrial users using smart contracts.
Our immediate objective within this proposal is to develop a minimum viable product (MVP) on the Cardano platform. This MVP aims to initiate collaborative efforts with the pharmaceutical and biotechnology sectors, with a longer-term ambition to serve as the decentralized cloud solution for AI-driven drug, therapeutic, and materials (batteries, quantum devices, LED, glass…) development.
Benefits to the Cardano Ecosystem:
- User Expansion: The solution attracts an array of users from various backgrounds, thus expanding the user base within the Cardano ecosystem.
- Ecosystem Enrichment: An influx of diverse users and increased transactional activity will reinforce the robustness of the Cardano ecosystem, facilitating the exchange of innovative ideas and novel solutions.
- Resource Utilization: By facilitating users to offer their computational resources and storage, the proposal provides a platform to utilize unused resources effectively and reward their contribution.
- Decentralized Solution: The proposal aids in furthering the cause of decentralized science and research. By providing a platform for a wide range of computational problems, it democratizes access to computational resources and promotes collaboration among researchers.
In terms of quantifying the impact, we anticipate a significant increase in users and transaction volume within a realistic timeframe following project completion. Exact figures will be dependent on various factors such as outreach efforts and adoption rates among potential users. Given the unique value proposition of our platform, we expect a positive response from the scientific and research community.
A handful of markets we may be able to enter, and bring to Cardano, in the coming years are listed below:
Potential Target markets
- Drug Discovery Technologies Market
- 70 B 2020 -> 110 B 2025 @ 10% CAGR
- AI Market
- 90 B 2021 -> 1.8 T 2030 @ 38% CAGR
- Global Simulation Software Market
- 11.5 B 2020 -> 26 B 2027 @ 12.8% CAGR
- Molecular Modeling Market
- 1.6 B 2027 @ 16% CAGR
- Global Computational Biology
- 2.7 B 2018 -> 12.4 B by 2027 @ 20.6% CAGR
- Global Computational Fluid dynamics market
- 2.1 M 2021 -> 3.4 M by 2027 @ 8% CAGR
- Global Semiconductor Modeling
- 342 M2021 -> 615 M by 2028 @ 8.7% CAGR
- Distributed Cloud Market
- 3.9 B by 2025 @ 24.1% CAGR
References:
- <https://www.marketsandmarkets.com/Market-Reports/simulation-software-market-263646018.html>
- <https://www.prnewswire.com/news-releases/computational-biology-market-size-worth–12-45-billion-globally-by-2028-at-20-64-cagr-verified-market-research-301502624.html#:~:text=According%20to%20Verified%20Market%20Research,20.64%20%25%20from%202019%20to%202026>.
- <https://www.imarcgroup.com/computational-fluid-dynamics-market>
- <https://www.globenewswire.com/en/news-release/2021/08/11/2279088/0/en/Molecular-Modeling-Market-Worth-USD-1-617-80-Million-by-2027-at-15-93-CAGR-Report-by-Market-Research-Future-MRFR.html>
- <https://www.marketwatch.com/press-release/semiconductor-modeling-market-size-share-global-industry-current-trends-top-companies-application-growth-factors-development-and-forecast-to-2028-research-report-2022-05-18-3197059#:~:text=The%20global%20Semiconductor%20Modeling%20market,8.7%25%20during%202022%2D2028>.
- <https://www.industryarc.com/Report/19198/distributed-cloud-market.html>
- https://www.bccresearch.com/market-research/biotechnology/drug-discovery-technologies-report.html
How do you intend to measure the success of your project?
Our project aims to build a robust computational infrastructure on the Cardano network, in partnership with Nunet and SingularityNet. Our ultimate objective is to establish a productive cycle of development, deployment, rewards, and continuous enhancement in efficiency, thereby creating a platform for simulation-based solutions relevant to both academia and industry. These solutions could span from AI-assisted drug discovery to quantum mechanical simulations of biomolecules. Therefore, the success of our project will be measured based on a multi-faceted framework:
- Collaboration Metrics: We aim to establish a myriad of academic and industrial partnerships, the number of which will serve as a primary measure of success. This will involve tracking the number of collaborations, ranging from simple integrations to more complex partnerships, within the platform's ecosystem.
- Decentralized Network Contribution: A significant marker for success would be evaluating how much decentralized networks contribute to the creation of enhanced materials discovery platforms. This can be quantified by assessing the increase in performance or efficiency due to the incorporation of decentralized computation.
- User Engagement: Monitoring the volume of unique users utilizing our platform for their research or industrial needs. A steady increase in user count will indicate that our solutions are resonating with the target audience and meeting their requirements.
- Transaction Volume: Tracking the total number of transactions on the platform will be a clear indicator of platform usage and the practical value our solution brings to its users.
- Research Impact: The quality and quantity of research outcomes achieved using the platform will also be a critical measure. This could include the number of research papers published, the scope of the research's impact, and the innovations derived from the platform.
In terms of benefits to the Cardano ecosystem:
- Cardano as Settlement Layer: By successfully executing this project, Cardano stands to be the foundation layer for decentralized open-source computing frameworks used for training AI/ML models.
- Expandable Infrastructure: The framework we are building is designed to be extendable, allowing for a variety of solutions and business models to be built atop our base infrastructure.
- User Onboarding: Our platform intends to facilitate the transition of Web2 users to the decentralized world. By providing a seamless interface and smooth onramp/offramp solutions, users can utilize computational power without fully realizing the underlying Web3 infrastructure.
In both short and long-term perspectives, these metrics offer a comprehensive measure of our project's impact on Cardano's productivity and growth. Moreover, gathering user opinions and feedback would supplement these metrics, offering qualitative insight into our project's efficacy and areas of potential improvement.
Please describe your plans to share the outputs and results of your project?
Our dissemination strategy will be multi-pronged, ensuring maximum exposure for our project's results and outputs across different channels and stakeholders. This comprehensive plan includes the following components:
- Academic Publications: Results from our project will be shared through academic papers submitted to leading industry conferences and journals. This will enable our findings to reach a broad audience of researchers and professionals in the field.
- Community Engagement: We intend to actively engage with the Cardano community and other blockchain communities, sharing regular updates about our project’s progress, outputs, and impacts. This could include AMAs (Ask Me Anything sessions), webinars, blog posts, and active participation in community forums.
- Collaborative Platforms: By leveraging the Nunet and SingularityNet platforms, we plan to share our outputs with a wide array of developers, researchers, and organizations who are already part of these communities.
- Industrial Partnerships: To ensure the real-world applicability of our findings, we will actively pursue partnerships with industry stakeholders, including but not limited to pharmaceutical and biotech companies.
Regarding the utilization of project results in further research and development activities, we envision a broad range of possibilities that extend beyond the immediate scope of the project:
- Tokenization Events: The data and insights gained from the project could pave the way for tokenization events, offering a new means to incentivize and fund future development. For instance, we might establish a token that represents computational resources within the platform, enabling stakeholders to participate directly in the growth and success of the ecosystem.
- Venture Capital Funding: The success of the project could attract interest from venture capital firms, providing a significant source of funding for further research and development. VC funding could enable the acceleration of platform improvements, the expansion into new market segments, or the exploration of novel use cases.
- Partnerships with Other Projects or Platforms: The project results could lead to synergistic partnerships with other initiatives or platforms within the Cardano ecosystem and beyond. These collaborations could bring additional resources and expertise, enhancing our ability to drive innovation and expand our platform's reach.
- Licensing of Technology or Algorithms: If the project results in unique technology or algorithms, these could potentially be licensed to other entities for use in their own projects, providing a source of revenue to fund further research and development.
These potential avenues exemplify how the outcomes of our project could create a foundation for future growth and innovation, driving long-term value within the Cardano ecosystem and the broader blockchain industry.