The project was created in 2018. The team of creators includes Ziqi Chen, Weiyang Wang, and other research specialists in the field of artificial intelligence. The company is headquartered in Singapore.
Cortex is a decentralized artificial intelligence blockchain platform (official site cortexlabs-ai).
The developers’ task is to provide users with an advanced machine learning model using smart contracts and blockchain.
The platform creates a mechanism that encourages collaboration. Each user can be rewarded for optimizing project models and actively collaborating. The advanced AI system itself is considered a fairly complex process and requires maximum effort from the creators. That is why the platform managers suggest experienced developers upload their works within Cortex. If the verification is successful and the work is evaluated, the author gets a good profit.
CTXC allows developers to create and sell their products using AI.
To implement these ideas, the team has developed an entire ecosystem consisting of a consensus-building function for withdrawal, a project for learning contracts outside the system, and a unique CVM virtual machine compatible with the Ethereum virtual machine.
CTXC is an internal token that acts as a means of payment. Traditional mining is not provided.