Sense aims to reward human capital to make chatbots and messengers more effective. Find out how Sense works today in our review.
What Is Sensay Sense?
Sense, found online at SenseToken.com, was founded on the idea that every human is valuable. Every human has human intelligence, and that means we can share that intelligence with artificial intelligence systems to make them more effective.
As an example, Sense’s introductory video explains that the average teenager spends 6 hours a day on social media. They send messages to one another and communicate in realistic ways. They communicate like real humans communicate over the internet. That time may be wasted on conventional social media platforms. It goes towards advertising revenue for the social networks. On Sense, all of that interaction goes towards AI platforms, and users are rewarded for their contributions.
The idea of Sense is based on human capital, which is defined as all of the skills, knowledge, and experience that make you uniquely you.
The idea for Sense started two years ago with the launch of Sensay, a cross-platform messaging robot that connected users with one another based on their unique skills and experience. Now, with Sense, the developers plan to create a marketplace where users can share their human capital in a more seamless way.
How Sensay Sense Works
Sense protocol is a platform where users can exchange “human capital”. It’s a decentralized marketplace with no third parties or central platform involved. It’s just a peer-to-peer exchange of human capital.
Users can directly share and transact human capital on a peer-to-peer basis, using SENSE tokens as a medium of exchange.
The protocol features conversation bots within smart contracts. Developers can build on the platform, accessing decentralized applications like these.
Here’s how the official website explains the protocol:
“Sense creates blockchain based smart contracts in chat and rewards humans for the contributions they make to one another conversationally, across Sensay and other messenger applications. Humans can monetize their proof of intelligence in the data used to train A.I. applications and agents. Sensay, the first application, creates a marketplace for peer to peer conversations.”
There are three core parts of the Sense system, including:
- Token: The Sense token is built on the Ethereum blockchain. The token is designed to exchange value frictionlessly within chat and other consumer applications.
- Applications: Sense is designed as a platform for developers. Sensay is the first application. It’s an interoperable messaging platform that relies on Sense’s smart contracts. Sensay is a cross-platform messaging application and bot network that allows users and communities to connect through smart routing.
- Protocol: Sense is the protocol for “proof of intelligence”. Developers can access the Sense protocol to interact with powerful conversational tools while accessing a neural network of human data.
Sensay is obviously a key part of the Sense protocol. Sensay has been available for the last two years. Over those two years, the Sensay community has transacted their human capital – their skills, knowledge, and experience – by having conversations across popular messengers.
The Sensay community has collectively earned over 20 million virtual coins for their contributions. Coins earned on Sensay in peer-to-peer chats are now making Sense.
Basically, Sensay is a peer-to-peer messaging platform where you can interact with experts in a certain field in exchange for tokens. You pay each expert for their time. You can talk to business advisors, medical professionals, or anyone else through Sensay.
Sensay Sense Token Sale
The Sense project was first announced on August 12. The pre-sale took place at the beginning of September, while the public sale is scheduled to start on September 27, closing on October 10.
There will be a $25 million cap on funding, and a total supply of 1 billion tokens. Sense tokens are Ethereum-based ERC20-compliant tokens.
25% of all tokens will be sold in the token sale. 25% will be retained by the company, 35% will be retained for SDN, communities, users, and contributors, and 15% will be reserved for future development.
Sense is accepting Ethereum, EOS, ShapeShift, and bitcoin for its token sale.
Who’s behind Sensay Sense?
Sense is led by co-founders Crystal Rose (CEO) and Ariel Jalali (CSO).
Dr. Gavin Wood (Ethereum, Parity), Nick Sullivan (ChangeCoin, AirBnB), and Galia Benartzi (Bancor Network) are all listed as advisors.
Sensay Sense Conclusion
Sense is based on a unique but straightforward concept: all humans have intrinsic value in the form of their “human capital”. These humans have knowledge, skills, and experience that can be shared in a tangible or intangible way. Until Sense, quantifying human capital – putting a price on skills and experience – has been impossible. Sense is designed to add a quantifiable value to the collective human intelligence, creating a frictionless marketplace where humans can trade their human capital in global communities.
You can learn more about Sense and the Sense protocol online today through SenseToken.com