TranslateMe - a platform that will foster the growth of a community of translators and contributors through the incentive TMN token model.
Contents:
- Description of TranslateMe app dapp
- How does blockchain platform work?
- Additional information about Neo product
Description of TranslateMe app dapp
The first phase of collecting data from the community and putting this valuable data into the TranslateMe database with corrections improves machine understanding. This data helps to distinguish between larger competitors.
Users can also plug in the unused computing power of their phone or laptop to serve translation requests from end users. This will drastically reduce translation costs for the end user. Why can you trust the platform:
| Services | No need for a central server or service provider. |
| Service scope | The distributed network can scale as needed to serve translation requests in real time. |
| Translation | Machine translation can be used limitlessly. |
The platform currently generates US $ 44 billion in revenue per year. Since only 1% of the world's languages are served, there is still plenty of room for growth. The growth potential in this market is limitless when costs come down, quality improves, and the market opens up to unsupported languages.
How does blockchain platform work?
TranslateMe has developed a unique approach to natural language processing. It is the first company to train an algorithm with its own corrections, using raw machine data and comparing it with human corrections. Typical neural networks require a large amount of data to influence the algorithm positively, but the TranslateMe process is about 90% more efficient than correcting the results of the machines. The app reduces translation costs, using blockchain and creates an ecosystem that quickly improves machine understanding of any language. By decentralizing data collection and computing power, all contributions are pooled into one growth point and efforts are not shared, but pooled. The application will become an excellent translation platform and, as a result, will create an increased price for its services. It will be passed directly to the nodes, supporting the system, creating a balance in the transfer of value across the network between both parties.
Additional information about Neo product
Subscribe to channels on social networks and learn about platform updates:
- White paper;
- Facebook;
- Twitter;
- Telegram;
- LinkedIn.
You will find all information about contests and promotions, as well as you can find ou about the project roadmap here.