A statement has been issued.
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the spreadsheets link is updated in white paper.SNS tokenomics tool - EMC - Google Sheets
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EMC is an AI+Web3 projects with 3 layers:
a. Decentralized GPU computing network (Edge Matrix Dashboard)
b. Computing power marketplacea and AI model marketplace (EMC Hub: EMCHub)
c. Computing power Real World Assets (RWA for short) and protocols as its core offering -
GitHub: EMCProtocol-dev · GitHub
EMC has developed a lot of projects like POC, AI (Stable Diffusion) sdks, EMC Hub, etc. -
Team: https://edgematrix.pro/team
You can listen to the EMC team’s weekly AMA on Twitter Space to check about the real team and partners in AI and Web3 area.
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@Arthur AI developers and AI model trainer are the primary user/market for EMCHub.ai, which can deploy model inference or fine-tune model directly on EMC GPU network. As comparable Web2 model - Civitai.com already has 4.5m MAU. EMC provide SDK for developer to build AI DApp which can provide service to End-user. Github repository EMCProtocol-dev · GitHub. Team Internet Computer Loading
@Arthur I have provide verifiable data on your question. Do let me know if you need further information and clarification.
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@anon98653474 EMC presales was targeted for investor to invest in EMC and staking into EMC testnet validator node and routing node. We have over 7.4M EMC staking on testnet Internet Computer Loading. Investor has start to earn testnet staking reward for their investment in EMC. Presales token is for testnet, it was planned for testnet token (DIP20) swap with ICRC-1 (SNS token) after the SNS. The final ratio of swap can only be defined after the ICP/EMC swap ratio is finalised. Current proposal is to enable the SWAP of testnet token (as it original presale swap of 1 ICP:110 EMC) to calculate the final SWAP ratio to ICRC-1 token, and this will also include all the reward token that investor received + 10% more to presales investment.
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You have some old java code, that looks like a proof of concept and no functional Motoko code. Again what exactly are you decentralizing, what does the community have control of when you are not a functional dApp?
Pardon me, I wrote that very quickly because I saw the proposal appear and didn’t like the way it was presented. Given we only have a short time to respond to proposals that was very spontaneous.
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I was looking at the white paper before. I see the team page now.
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When I wrote that the github was empty it was the lack of activity I noticed I see there is code there.
So all readers should disregard the above perspective.
However, I would like to see more work on the size of market and ideally indication of some market feedback to the product before investing
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https://dashboard.edgematrix.pro/#/home
Is all our code invisible?
We have 9 libraries, code for java, go, motoko, and we have open sourced the node code for EMC network, and ETH isn’t a functional dapp, doesn’t it make sense?
EMC is supposed to be infra, EMC hub is an application based market, every E value displayed on a dashboard requires hardware input from GPU, is it hasty to say that before you understand it clearly, is the purpose of decentralization to be able to make irresponsible and arbitrary conclusions?
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This is certainly the most exciting product on ICP that was announced this year and one that could seriously boost the ecosystem as a whole to the next level. I’m not sure where the uncertainty is coming from since there’s enough transparency here to make the validity of this dapp clear if we’re using prior successful SNS sales as a metric. I do maintain some doubts about the numbers that the developers are claiming they can reach (in the time period they’re claiming), but it’s not enough to deter me from approving this sale.
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Thanks for your appreciation! And we would like to express our gratitude to the early supporters of EMC!
EMC has 13 repositories now, including Java, Motoko, JS, Vue, and Go. It comprises computing protocols, SDK, and model platforms. The registered computing nodes have exceeded 18,000, with over 2,000 active nodes.
EMC Hub already hosts dozens of AI models (checkpoints, Lora), and we are integrating FIL’s Titan storage. Due to EMC’s AI partners and community preparing to upload thousands of models on the EMC Hub, a significant amount of storage is required. The goal is to become the largest decentralized hugging face and civitai.
Nothing can stop an excellent project from marching towards a valuable and promising direction. 
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I strongly encourage anyone with inquiries to join today’s Twitter space.
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6 Reasons to support this proposal:
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Granting ICP with AI capabilities is a crucial opportunity for the future development of InternetComputer. This aspect is of utmost importance, without a doubt. As mentioned in a recent tweet by Dom, the “AI Compute unit” specifically refers to EMC
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The core members of EMC team are experienced industry professionals, and most importantly, they are resilient individuals with ambitious goals. In the past month, their diligent and fruitful work in engineering implementation showcases their strong capabilities and dedication
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EMC serving as ICP’s Layer2 and comprising both SW/HW elements. Its complexity and difficulty are unmatched by other SNS projects. In the current testnet, over 18,000 nodes and a total compute power of 2803E, demonstrating significant scale and decentralization achieved.
4.EMC’s primary codes have already been open-sourced, including POC, AI, and EMC hub. Although these codes have not undergone auditing, it’s worth noting that other SNS projects haven’t undergone audits either (please correct me if I’m wrong).
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Regarding the economic model, EMC team’s token allocation of 15% falls within a reasonable range, and the voting weight is only 0.5. This ensures that after SNS sales, the community’s voting power exceeds 50%, reaching 54.5%.
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The EMC token price during the SNS round is significantly lower than the presale round, indicating that the project team has made significant concessions for the smooth sale of SNS. Moreover, they have implemented a reasonable token compensation policy to compensate presale round participants, highlighting EMC’s commitment to its early supporters.
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From the team structure and brand-new technical solutions, it is a very good project. You can learn more about his white paper.
Join EMC Twitter Space today!
Big thanks to those who tuned into the EMC Twitter Space today!
Tonight’s AMA is very exciting. Alex and Zed discussed the following topics:
- whether the EMC-DAO proposal meets the standard with SNS
- how DIP20 token can be exchanged for main network token ICRC-1
- EMC business model and market expansion
- EMC technical architecture (computing power, model, data fully onchain, and RWA and computing power financial derivatives), this section is very excellent, don’t miss it
So ICPeople who did not listen to the AMA, you can use the following link to listen (Twitter Space has technical problem today, the second part only has mobile phone recording)
Part One: https://twitter.com/emcprotocol/status/1686344521494536192?s=46&t=eNSjVbvf3cD7EybOsRJacw
Part Two: https://twitter.com/emcprotocol/status/1686350531797929984?s=46&t=eNSjVbvf3cD7EybOsRJacw [Recording: EMC SNS-DAO AMA - Google Drive]
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Honest question for the EMC team. @EMCprotocol @zed.emc @ninadou
Which projects (by name) are using the EMC protocol? 3-part question, please see below.
a. Which ICP projects are using the EMC protocol right now?
b. Which blockchain projects on other chains (not ICP) are using the EMC protocol right now?
c. Which non-blockchain projects are using EMC?
My question refers to apps that have live integrations with code running integrated with EMC right now, not those with plans or in the process of doing so.
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EMC team, I love everything that you say, however, I would like to bring to your attention that your profile seems to convey a different message. I couldn’t help but notice that your Twitter spaces had impressive participation of 10.9K individuals. That is correct 10,900 users tuned in.
While Dfinity only had 200 users. This is quite noteworthy. There are only two reason
- You are buying users just like everything else
- Dfinity’s marketing sucks and they need to hire yours.
Which is correct?
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You are all wrong, please go to Twitter and look at the previous AMA, there are dfinity members participating, there are project parties participating on ICP, as long as twitter space is not malfunctioning (thanks Musk), many of them are more than 1W audience, ICP Chinese community complains all day long that EMC doesn’t know how to market, and European and American community says EMC only knows how to market! When did people start jumping to negative conclusions about things that are beyond their cognitive boundaries?EMC went live from 5.10 and now has over 18,000+ nodes and 2,000+ POC nodes in only 3 months, are they also purchasing users? And spread across 20+ countries, this marketing expense has probably exceeded the amount of money raised for SNS, so the EMC team are fools for going to such lengths that telegram, discord, twitter have so many users.
And I think you’re focusing on the wrong direction, instead of questioning that it’s a marketing ploy, why don’t you reflect on why Dfinity doesn’t spend more time on running the users, there are only a few of us on the EMC operations team, yet all of us are there whenever there’s a problem in the community.
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