The Ingenesist Project II - Quant Pre-sale

in #beyondbitcoin8 years ago (edited)

Q1

Engineers across the globe perform such an essential function that without them, civilization as we know it, would not be possible. The food that we eat, the energy that powers us, the transportation systems that move us, and even the currency that we trade are all underwritten by the productivity of people sustained by physical infrastructure and devices created by engineers. As such, the storage of value in the works of engineering is a logical proposition and ideal candidate for Blockchain technology.

Today we introduce Quant, a digital token that represents the ingenuity of engineers across the globe. Quant facilitates and accelerates collaboration among all types of engineers as a currency of trust within the worldwide profession. If you want to be an engineer who makes an impact on the world, you want to be certified in Quant.

Global Engineer: a person who applies the natural physical laws toward the advancement of all humanity.

Whether validating data to a distributed ledger, supporting a node in supply chain management, or acting first responder in a disaster, globalization needs a language of engineering trust and due diligence with peer validation and fault tolerant networks. The Quant stores intrinsic value of all engineering infrastructure within the global network of engineers who create it. The only intrinsic cryptocurrency ever offered, quant will be a popular choice for the storage of value across disciplines.

This objective of this token pre-sale is to raise money for the creation of a tokenized ecosystem that represents the creativity, intellect, and resourcefulness of global engineers. This will be accomplished by the following method.

  1. A system called Curiosumé is devised to convert the engineering resumé/CV to private cryptographic keys that can match, open, and close smart contracts on a Blockchain when indexed to a public decentralized ontology.
  2. A Steemit-like platform for engineers. Engineers will convert their CV to Curiosumé persona(s) to receive Quant. Other engineers verify personas to also receive Quant. Quant awards proportional to quality of content and reputation in the community.
  3. Engineers upload CV’s, abstracts, case studies, designs, and design hashes to the engineering blockchain and receive Quant. Other engineers verify contributions and receive Quant proportional to their reputation in the community.
  4. Reputation is earned by receiving peer verifications. Proportionality is derived by public algorithm. Total Quant awarded is a measure of reputation.
  5. Personas and projects will be classified and matched by the same Curiosumé protocol and decentralized ontology format.
  6. Engineers will exchange Quant among other engineers for interdisciplinary collaboration and verifications.
  7. Part 2: Develop smart contract suite for build environment with integration with predominant Engineering Information Modeling Systems (i.e., BIMS, IoT, AI, Autonomous vehicles, etc.)

Other than the initial presale, the only way to bring Quant into existence is through the process of bringing more engineers into the ecosystem and uploading more engineering works to populate the ecosystem via the Curiosumé protocol (Ref: Wikipedia, GitHub, etc). Each content addition or resource verifies blocks that propagates the Blockchain by a proof of stake algorithm. A small residual is subtracted from each transaction to be used for continued development of the project.

Quant may be purchased and sold outside the ecosystem as a medium of exchange and storage of value intrinsic to infrastructure and works of engineering. Construction enterprise, Corporations, Banks, and Insurance companies will hold a Quant portfolio as a means of securing decentralized engineering knowledge assets and resources.

The word engineer (from the Latin ingeniator) is derived from the Latin words ingeniare ("to contrive, devise") and ingenium ("cleverness").

Proceeds from the pre-sale will go towards:

  1. Formation of Blockchain Entity
  2. Design, development and testing enterprise grade data systems with Curiosumé functionality and Wikipedia-type/Github-type Curation on a decentralized public ledger.
  3. Design and implementation of Steemit-like functionality for accepting inputs, verifying blocks, and awarding Quant to the respective personas.
  4. Develop smart contract suite for build environment with integration with predominant Engineering Information Modeling Systems.

Technology Stack

• This project seeks to commit entirely to Graphene based Proof-of-Stake Blockchain ecosystem.
• Open Ledger Wallet
• Monax (Eris Industries) interoperable Smart Contract Suite

Quant:

(X) Quant can ultimately be brought into existence. The pre-sale will award (Y) quant to the market for one time only outside of the designed “mining” process. (Z1) quant will be awarded to founders and advisors and (Z2) Quant will be awarded to pre-sale participants, (Z3) will be held in reserve for future development.

Constraint: After the pre-sale, the only way to bring new quant into existence is through “mining” performed by engineers (or sensors) populating a global knowledge inventory.

(crypto-economics, jurisdiction, and technology stack still under discussion)*

Target investors:

The most important investor will be the practicing engineers who will invest time and effort to populate a decentralized knowledge inventory, tag their selves to the data, and collaborate with each other in exchange for Quant. All Quant purchases (for fiat, bitcoin, altcoin, etc.) outside of this pre-sale will be made directly with those engineers who may choose to convert Quant to the offered currency.

Target Pre-sale investors include participating public and private entities who depend upon engineering as well as corporations, construction companies, insurance, and financial institutions who would have interest in accessing the global engineering knowledge inventory in the near or distant future.

Conclusion:

This project is nothing short of creating a new economy comprised of a new form of supply and demand, new factors of production, and intention to meet the needs of all people on our planet regardless of nationality, race, religion of political beliefs.

The sustainability and resilience of human interface with our planet is an engineering problem, not a political problem. TIP2 fully understands that this may be the most ambitious Blockchain application every put forth. We fully understand that the product that we specify will be extremely difficult to build and execute. We do not claim to have this problem solved and many details will need to be worked out.

“Everything not invented by God, was invented by an engineer” – Prince Philip of England.

About The Ingenesist Project 1:

The Ingenesist Project (TIP) has been developing systems and methods to advance the engineering profession for almost 23 years. We were involved in the NAFTA Mutual Recognition of engineers and developed innovations such as The Value Game, WikID Tools Algorithm, and Curiosumé. Many of our programs were developed within the entertainment industry, the aerospace Industry, and the construction industry. The Ingenesist Project was instrumental in launching or supporting companies such as Social Flights, Quiddity Systems, Coengineers, PLLC, and The Insurance-Engineering Blockchain Consortium, among others.

The word “Ingenesist” is derived from the Latin words ingeniare and ingenium as one who practices creativity and cleverness.

Issuing Organization

The Ingenesist Project II (TIP2) is a reorganization and re-launch of TIP adding co-founders, new advisors, and reflecting a renewed mission to safeguard the health and welfare of people and property through collaboration with all the Ingenesists of the world.

(

Sort:  

Is this the video you were talking about in the Beyond Bitcoin Hangout #192?

Yes it is - you can also find it at The Ingenesist Project Website in the sidebar http://ingenesist.com