Epik Mainnet: Decentralized, Yet Bridled AI Data Storage

Artificial intelligence has been the focal point of development in recent years. And AI relies on data.

Sadly, existing data vendors are either too expensive or polluted to provide the data that artificial intelligence companies can rely on.

It doesn’t end there. Not all parties in artificial intelligence data creation get anything. The benefits never trickle down.

The consensus is that the entire arrangement works like a cabal – only a few parties take the spoils.

Epik Mainnet

With the mainnet finally upon us, the Epik distributed AI data storage kicks off. The main network brings new ways of data labeling, storage, and how such data is used.

Before the Epik main network idea was conceived, the quest for data storage was huge. You couldn’t find storage centers for AI data, and those that had such milked it for all its worth.

Through Epik’s main network, the dawn of decentralized, distributed storage specially built for AI data is here. And everyone gets rewarded for their contribution, unlike what’s currently practiced.

Epik Main Network Data Service

Epik’s decentralized data storage gets all hands on deck. Of course, it’s unavoidable if the current AI data system is to be transformed.

Different entities contribute to the flourishing of the Epik data service. These stakeholders include domain experts, data companies, and bounty hunters.

The gathering of all knowledgeable parties is no surprise. Epik Mainnet brings FIL-inspired decentralized storage, community-based governance, and a tokenized reward system that’s the hallmark of any successful project.

The Epik main network engenders collaboration and mutual benefits, making it appealing to the global audience. More experts are willing to get involved to build decentralized storage for AI data, which is what the protocol hopes to achieve.

Data labeling is one of the necessities for the optimal performance of the Epik Protocol. And the ecosystem takes no prisoners. Its collaboration with experts in the c-side department speaks volumes of the protocol’s intentions. This brings us to the role of the different stakeholders in the operation of Epik Mainnet.

Domain Experts map data based on the relevant domain. The formatting process can be meticulous, which is why Epik is particular about only experts in the particular field handling such a task. For instance, you have to be knowledgeable in finance to be a domain expert in the financial domain.

Those interested in becoming domain experts have to apply for the role. Get nominated by existing domain experts, then the community votes to rectify their position. It’s such a sensitive role, so the rigorous selection process is merited. Domain experts can’t handle it all. This is where bounty hunters come in.

Bounty hunters handle the actual labeling of data based on the work of domain experts. The interesting thing about the bounty hunter role is it’s open to everyone. You don’t need to be a guru in a specific field to get approved for the role. And there’s no rigorous selection process to worry about.

Once data has been labeled by bounty hunters, domain experts take over. Since bounty hunters aren’t exactly pros, domain experts have to work on the data to ensure it meets set standards. Of course, the data optimization process remains an ongoing process since changes are often needed to meeting the demands of a continuously evolving world.

Epik’s data service doesn’t end with the processing of data for AI purposes. There’s the storage side of the story that’s largely untold.

The protocol launched a decentralized, distributed data storage which is FIL-inspired. Processed data have to be stored, so it’s no surprise the Epik protocol found this necessary. Unlike existing data storage, Epik doesn’t depend on a central storage device.

The protocol relies on the devices of willing persons looking to earn by giving up the storage capacity of their gadgets. Participants aren’t forced to donate their devices to the cause; rather they get rewarded with EPK tokens, which is what sets Epik protocol apart.

The absence of the inefficient centralized storage takes the burden of management cost of such facility off the shoulders of the protocol. With a decentralized storage framework, liability lies on all parties. One of the benefits of this decentralized storage is the lower cost of quality AI data. The combination of an incentivized system and a trim management cost makes Epik competitive with giants in the AI data space. The traditional market price of AI data has been confirmed to be on the high side, but Epik will be giving the competition something to worry about.

Besides its affordable AI data, the quality of Epik’s offering is something its competitors can’t contend with. The Epik model, consisting of domain experts and bounty hunters, gives it an edge over others in quality. With domain experts from different fields and locations, all forms of data variants based on AI domains are adequately covered.

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