The Magnus Collective is First Robotics in the World and A.I. Automation of Tokens for the future

What is Magnus ?

Magnus has been created to define the universe of Robotics and A.I. automation for organizations. Magnus is also the first truly decentralized network of intelligent A.I. agents, Robots, Sensors, hardware and humans  creating a global market for knowledge, skills and processing power.

Total of $1.2M raised in Pre-ICO

We have a working deployment of the Magnus Blockchain network which you can use to purchase A.I. and IOT services using the Magnus Tokens. Participants who have acquired the Magnus Tokens can now start using this to access our services.

The current production version of the Magnus Collective BlockChain is undergoing maintenance and we expect the latest version to be back on the Ethereum Network around middle of March 2018. We would be posting details on this shortly. Request your patience till then.

Why should you get the Magnus Token ?

Usability

1. MGS could be used to lease any Robotic platforms on the collective and used for buying and deploying skills on the collective;
2. MGS is used to contribute to Crypto currency’s ecosystem;

Process

1. Attractive Bonuses up to 60% during ICO;

2. Staking – Use your tokens for staking to receive transaction fees from the Collective;
3. The remaining unsold Magnus from the Token pool will be burnt.

Industry

1. MGS could be always convertible to lease of physical robotic platforms at anytime commitments from partner companies already underway;
2. Existing business and Experienced team with widespread industry coverage, partnership, press and media coverage;

Vision

Magnus will be able to negotiate and transact with other block chain or non-block chain based network that will come in the future using gateways called Portals. Portals will ensure that even if Magnus does not obtain leadership in terms of the network Magnus will never become obsolete or outdated . Portals will translate the negotiation and requests between different networks and open up Magnus to all the external networks that are being created.

Magnus Growth Drivers

The current technology and business landscape is ripe for a network like Magnus because of the 5 growth drivers which has been on steroids for the last decade.

1. AI Growth

Within the next decade global artificial intelligence market is expected to be worth more than $3 trillion. And according to PWC, AI will contribute as much as $15.7 trillion to the world economy in the next decade.

To give some context thats more than the current output of some of the worlds largest economies. AI is forecasted to disrupt and uproot existing ways of doing business, transportation and definition of work as well. A report from Harvard Business Review found out that even though AI has been used sporadically in different sectors, the game changing opportunities are yet to happen.

The biggest opportunities will only be tapped when AIs can work together, leveraging each other’s strengths across different geographies, verticals, and use-cases.

2. AI-Human Collaboration

AI innovation has accelerated in the last few years, - the main growth drivers being cheap computation and access to large data pools.

Artificial intelligence, signal processing and machine learning are already driving many of the common tech that is being run today, from search engines , voice enabled assistants and even advertisement targeting online. Creating a combined cognitive platform is already happening this is not a research project in a college lab and it is accelerating faster in the last decade.

Till now the smart people were those that received the highest scores by making the least number of mistakes. AI will change that fundamental logic because there is no way any human can outsmart, for example Google’s new AI engine or the IBM Watson platform.

So we are looking at an era of augmentation where humans will have to work with AI’s to produce tangible results.

Smart machines can process, store, and recall information faster and better than we humans. Additionally, AI can pattern-match faster and produce a wider array of alternatives than we can. AI can even learn faster. In an age of smart machines, our old definition of what makes a person smart doesn’t make sense.

3. IOT and Sensors Growth

The rapid advances in adoption of IoT-driven devices is expected to reach a total cap exceeding $195 billion in 2023, according to analysts.

Currently at a market of $16 billion in 2016, this growth is mainly driven by the increasing popularity of smarter in-home, mobile, and transportation devices and the need to capture that data and enhance communication infrastructure.

Gartner reports that close to 6 billion devices where connected in the last year alone with this number set to exponentially grow over the next decade.

These are significant numbers and with a potential for a lot of information to be exchanged between the various interested parties.

4. The Rise of Robotics

Robotics is at inflection point like the industrial revolution in the early 1900’s. After growing at a compound rate of 17 per cent a year, IDC forecasts the robot market to be worth at least $130 bn by 2020. The Asian markets including Japan and China is driving up this boom as they retool their existing manufacturing capabilities. The market for industrial and consumer Robots is set to explode in the next 5 years bringing new use cases to the forefront.

Techniques like collaborative Robots, Consumer Robotics are all fueling this growth.

5. The Rise of cloud computing and distributed hardwares

Cloud computing has been a hot topic for years, but most companies are still in the early stages of adoption. As IT workloads shift to the public cloud over the next several years, opportunity abounds for infrastructure and platform-as-a-service vendors, or IaaS and PaaS, respectively.

Market needs and industry pain points

Magnus creates significant network benefits. Participants of our platform gain five major competitive advantages :

- Access - AI Agents can work with Human actors , leverage distributed file systems and collaborate with other Actors for unprecedented access.

- Efficiency - Actors can form Sub-Collectives which can lead to substantial increases in efficiency .

- Transparency - The combination of AI tools will result in emergent intelligence and capabilities that no other platform can provide in a transparent manner to all actors

- Collaboration - Information can be processed materially faster than the competition by actors working together for a common objective.

- Innovation - All the actors can innovate within the collective as the Collective incentives innovation.

Network Dynamics

The Magnus Collective revolves around five different type of Actors :

1. Robotic Systems : These may involve either individual Robotic systems working in isolation or a swarm of Robotics with a common goal ( A sub-collective ).

2. IOT Hubs : IOT hubs include Sensor arrays or other IOT devices that can communicate with the Magnus Collective.

3. AI Collectives : AI collectives involve either a standalone AI agent or a sub-collective of AI actors working towards a common goal

4. Human Actors : Human Actors play a central role in the Magnus collective - They can either work in groups or as individuals.

5. Distributed File Systems : Distributed file systems are how information is stored on the Magnus collective. AI and Machine Learning involves large data sets and efficiency of use, access speed and redundancy is key here.

Why Blockchain ?

Blockchain, which gained prominence with Bitcoin, has proven that by combining peer-to-peer networks with cryptographic algorithms a group of agents can reach an agreement on a particular state of affairs and record that agreement without the need for a controlling authority.

Combining blockchain with other systems, such as robotic swarm systems or AI collectives, enables the group to be autonomous, flexible, more secure and also collaborate without any friction.

Long Term Vision for the Economic Logic

The Collective has four long term goals :

1. The first goal is to create a highly useful hub of Robotics, AI, IOT, Humans and cloud systems.
2. The second goal is to accelerate the development and use of Robotics, leading to service economy where individuals and organizations can lease robotic services using the Magnus Token.
3. The third goal is to create and bridge an open exchange between different entities that are developing at a rapid pace in the last decade in BlockChain, Ai, Robotics and cloud computing. Currently most of the new players are operating in silos or islands - And Magnus is attempting to change this.
4. The fourth is to create a network effect of good will and innocation within the collective which will lead to accelerated technological progress and economic development.

Why do we need the Magnus Token ?

To maximize success, the Magnus Collective economic logic must enable buying and selling of all services, while making the discovery process as useful as possible - And ensure that all actors have easy and frictionless access to the collective.

So the economic logic is tuned for the following objectives :

• Open, global, and permission-less access to the various actors.
• Services verification and discovery.
• Good will generation.
• Innovation in Robotics.
• Bridging and going across different networks ( and Blockchains )

Token Sale Economics and Token Allocation

- Token Price : 1 Magnus = US $ 0.66
- ICO Soft Cap = 1000 Ether
- Main-ICO Hard Cap = 30000 Ether

*The unsold tokens will be burnt after the ICO*

- Main-ICO starts Apr 17 th 2018

Crowdsale

PRE-ICO

- Pre-ICO start date: 04.02.2018
- Pre-ICO end date: 14.02.2018

ICO

- ICO start date : 14.02.2018
- ICO end date : 15.03.2018
- ICO Token Supply :118.200.000
- Soft cap size : 1.000 ETH
- Soft cap : 660 USD
- Hard cap size : 30.000 ETH
- Hard cap :19.800 USD

Token Details :

- Ticker : MGS
- Type : Utility-token
- Token Standard : ERC-20
- Additional Token Emission : No
- Token price in USD : 1 Token = 0.660000 USD
- Accepted Currencies : ETH

Bonus Program :

- Pre-ICO : Phase with 60% Bonus. 2 Weeks.
- Main-ICO 0 : Phase with 40% bonus. 48 Hours.
- Main-ICO 1 : Phase with 30% bonus. 1 Week.
- Main-ICO 2 : Phase with 20% bonus. 1 Week.
- Main-ICO 3 : Phase with 10% bonus. 1 Week.
- Main-ICO 4 : Phase with 5% bonus. 1 Week.

Token distribution :

- 85% - ICO & Pre-ICO
- 15% - Magnus Internal Team

Funds allocation:

- 15% - Magnus Angel Investors
- 30% - Magnus Support program
- 15% - Magnus Community Fund
- 10% - Magnus Innovation Accelerator
- 8% - Magnus Development Fund
- 5% - Magnus Bounty Program
- 17% - Magnus Market Making Reserve

Token Sale Economics and Distribution

Raised Funds Allocation - Pre-ICO, Main ICO (Soft Cap) and Main ICO (Hard Cap)

Raised Funds Allocation - Pre-ICO

Raised Funds Allocation - ICO Soft Cap

Raised Funds Allocation - ICO Hard Cap

Roadmap to a fully Autonomous Syntagma

The following is the timeline for the Syntagma evolution :

1. Years 2017-2019 :

Magnus Vulcan, Romulus , Klingon, and, Talaxian

The first two years preceding the token sale, primary and secondary amendments are to be determined by Magnus Collective Leadership, in accordance with the by-laws of the Collective installed at time of network inception.

2. Years 2020-2021 :

Magnus Kazon and Ocampa

1. For primary amendments in the operation of Magnus Collective : Agreement of the Magnus Collective Leadership, plus 51% majority of MGS token holder votes.
2. For secondary amendments in the operation of Magnus Collective: 51% majority of MGS token votes.

3. Years 2022 Onwards :

Magnus Axanar

1. For primary amendments in the operation of Magnus Collective : 71% supermajority of MGS token votes.
2. For minor changes in the operation of Magnus Collective : 51% majority of AGI token votes.

Our Team

Arshad Hisham as Founder / CEO

Hisham is a veteran entrepreneur, engineer and a Tier-1 MBA. He has built and run hardware automation companies, has published research papers on Robotics and held senior roles in the past at IBM, Govt. of Australia, and Toyota. He is a frequent speaker on the Robotics most recently at the annual IEEE Robotics Symposium, Boston Consulting Group’s machine learning event and at the industry-leading Robo-Business.

Eric Egnet as Executive Advisor and Investor

Eric is a seasoned executive, senior technologist, serial entrepreneur, and portfolio investor with 25 years in executive management and senior leadership roles. He currently is a C-level officer and executive of several successful healthcare, blockchain, and life science companies. His last healthcare IT company, which he co-founded and worked with Partners Healthcare, Stanford Medical Center, and Johns Hopkins amongst others, was successfully acquired by SAIC. Prior to that, he served as an executive and CIO and for Cross Country Healthcare where he helped grow, scale, diversify the company, and complete a successful IPO with many key acquisitions.

Mark Koops as Executive Advisor and Investor

Mark has significant international experience, most recently as Regional Vice President at a large international company, responsible for Business Management for one of its 5 regions. He has worked in North America, Europe and Asia in various roles, for companies like AT&T, Oracle and Ericsson. He set up organisations from scratch, had roles such as consulting partner, head of sales, operations and marketing. Mark also worked in Bell Labs, on next generation technologies, and holds various patents.

John Grispon as Director and Investor

John is Highly experienced business growth strategist and entrepreneur with a successful track record who transforms B2B and B2C companies. A successful serial entrepreneur John has spent 12 years at Microsoft and ran BizDev at Corillian - Sold before selling his last company to Zimmer Biomet where he was a CMO and Co Founder. He was also Entrepreneur In Residence at the prestigious Startup Health.

Michael Messele as ICO Advisor

Founder and project manager at pillar project. Pillar project is an open source project whose main aim is to ultimately create a personal data locker through leveraging the cryptography that is the core of the Blockchain technology. Raised $35 Million in a successful ICO.

Madan Kumar as Blockchain and ML Lead

Engineer specialized in embedded systems, blockchain and machine learning for robotics. Expert in Python, Android, Embedded C and Embedded circuits.

Vineeta S as Lead Android and Solidity Developer

Android and Solidity Developer with strong knowledge in Java and C. Key skills include Android Application Development and Gradle.

Aditya B as Lead Solidity and Linux Developer

Computer science engineer experienced in design and automation of projects using SBCs, microcontrollers, sensors & IoT.

Rajeev Krishnan as Investor

Head of Business and hardware enthusiast. Angel investor in multiple startups.

Anant Patil as Investor

A successful commodity trader and general manager including a business with $200M+ in turnover.

Dileep PJ as Robotics Engineer (Embedded/Electronics)

Expert in robotics, sensors, embeded system development, IoT, cyber security and Computer Vison.

Vishwas S as Robotics Engineer and Blockchain Developer

Mechatronics Engineer who specializes in robotics, blockchain and embedded control systems. Prior experience in computer vision and modeling kinematics.

Press Coverage and Industry Recognition

The Magnus ecosystem partners have been recognized by major associations including IEEE, Disney, Boston Consulting Group, and Robo-Business and featured in major global research reports on security and home robotics. Magnus Partners were also featured in Fortune, Forbes, PopSci, IEEE, BCG, Discovery, and, Mashable.

For more information, you can visit our site as follows :

- Website : https://0xmagnus.com/

- Whitepaper :

   http://0xmagnus.com/wp-content/uploads/2018/01/MagnusCollective-1.pdf

- Facebook : https://www.facebook.com/MagnusCollective
- Telegram : https://twitter.com/0xmagnus
- Github : https://github.com/adi1001/MagnusCollective

Posted by Dico88