Episode Highlights:

• 00:03 – Blockchain And Cryptocurrency Is Getting Interesting
• 01:14 – Knowledge.Io Ico
• 04:06 – Meet The Knw Token
• 05:06 – Consumer Application
• 06:22 – Enterprise Application
• 10:55 – The Knowledge.Io Team
• 11:02 – The Roadmap
• 11:23 – Ico Information
• 11:44 – Whitepaper

Grow your cryptocurrency investments with personal one-on-one coaching from Crypto Camacho. Click HERE

Join Over 10,000 Members >

Transcription:

Hey, what’s up guys? It’s Dan again from cryptocamacho.com

00:03 – BLOCKCHAIN AND CRYPTOCURRENCY IS GETTING INTERESTING

And hey guys, do you ever notice or do you ever realize that the more you get into cryptocurrency and Blockchain the more interesting it becomes, the more interesting you start noticing other projects. And the more interesting just the whole entire you know thing is becoming right. I found this ICO today and I’ve seen it in the past before, but I really started reading about it today, and it’s pretty fascinating. I mean it’s a pretty interesting concept and I mean I really just…I want to make a video about it because this particular ICO it’s like I’ve seen everything. And I mean now you know we’re taking Blockchain to a whole another level of you know just you know keeping track of financial balances on a ledger. We’re actually now talking about taking data or entire data structures and putting them onto the Blockchain to track them, to be able to program against them and to be able to share and distribute that knowledge with anybody in the world and then to create a mechanism where you could actually invest in that particular company. That idea, that vision you know through the Blockchain and through token creation is fascinating. It’s crazy.

01:14 – KNOWLEDGE.IO ICO

And today guys I want to talk about this ICO. It’s called knowledge.io. Knowledge.io it’s fascinating. I mean what these guys are trying to do; they’re trying to make a knowledge economy on the Blockchain itself. So, they’re using the Ethereum Blockchain and basically, when you contribute and participate in this economy this new knowledge economy, you’re going to be rewarded with knowledge tokens, which are convertible back into Ethereum tokens, Bitcoin, and eventually you know fiat currency, if you want to go that route as well. So, basically by participating in this platform and by collaborating in this new ecosystem, you’ll actually be paid. And you know given money in cryptocurrency coins to give your knowledge to this economy right. And so, after you give your knowledge to this economy in the form of the questions right, they’re going to then take this knowledge, take these questions and they’re going to quantify it right. They’re going to quantify not only the questions itself, but they’re going to quantify the engagement of the questions and how the data of that particular question and answer are actually being used. And could be used in applied to other areas, other economies, other markets, other businesses, and things like that right. Very, very fascinating idea and I thought it’d be worthwhile that bring this up and to mention this ICO. Because I think there’s a lot of potential here. Even though it’s not really kind of seen on the surface, I think there’s potential here. Because it’s essentially a new paradigm, a new marketplace, a new kind of economy, or ecosystem that they’re building which can be used in the future for a variety of different things. And one very interesting about knowledge.io that I thought…excuse me was that instead of mining, so with Bitcoin and Ethereum and other cryptocurrencies. Typically the mining is done by solving different types of math equations, different math problems right. That are very, very complex, very complicated math problems that the computers will solve in order to validate and confirm that a block should be added to the Blockchain right. That’s how Bitcoin, how Ethereum, works right. So, with knowledge instead of mining by solving a math problem, they’re mining by asking questions that people can then answer and contribute their knowledge to, which will be stored on the Blockchain right. And which will act as that mechanism to solve an equation, to actually add a block to a Blockchain. So, knowledge.io is going to be doing that with questions, rather than mathematical formulas that need to be solved right. So, let’s check this out. Let’s check this ICO; I think it’s very interesting. It goes until April 21st. I believe it is…yeah token distribution ends April 21st. You can go ahead and sign up if you would like. There have already been many, many coins sold. Over seven million coins sold to date KNW tokens already sold.

04:06 – MEET THE KNW TOKEN

And let’s just kind of go through this meet the KN W token right the knowledge token. Knowledge token is an ERC-20 token, which is basically the Ethereum Blockchain token that will be available through our apps and a variety of other third-party apps that are part of this new knowledge ecosystem right. so, the way it works is that apps…our users can then be rewarded by participating in this ecosystem. They can be rewarded with knowledge tokens and can then use those tokens to buy products or services over their marketplace. And these guys have contracted with other retailers, other merchants. So, they already have a huge database of products that can be purchased through these knowledge tokens right. KNW token owners can buy products from our in-app Marketplace. Advertisers use KNW tokens to advertise through our platform and gain access to our bot free market data right. The knowledge ecosystem utilizes the power of Blockchain to bring zero fraud market data right.

05:06 – CONSUMER APPLICATION

Consumer application; so let’s just read through this a little bit, I want to make sure you understand what it is. Users that interact with the knowledge.io platform are rewarded with knowledge tokens for contributing knowledge right. So, you’re going to be getting these KN W tokens back for answering questions, for giving information about certain topics whatever. you know if you have an expertise in marketing, or video or engineering, or whatever you can answer questions in this knowledge ecosystem and be rewarded with tokens, which are which are essentially convertible back to other currencies that you may want to use like dollars right. Okay in order to…the KNW token is minded not cryptographic hashing, but by solving questions with knowledge scores that can be developed or by usage of websites and apps that have some associated knowledge value. In order to jumpstart the marketplace and ensure users can enjoy knowledge tokens earned, we have established relationships with merchants that will provide a catalogue of 300,000 products. So, these guys are already partnering with merchants and product marketplaces. I’m guessing it’s something like an Amazon, or [inaudible, 06:10] or something like that which provides products that users will then be able to buy through these knowledge tokens, as they acquire them for answering questions. Okay so, that’s on the consumer side right.

06:22 – ENTERPRISE APPLICATION

On the enterprise side let’s take a look all right; so, on the enterprise side. Data miners, marketplaces, enterprises, advertisers and third parties can use their knowledge Scores as actionable intelligence to target and incentivize both digital and brick-and-mortar campaigns. Through integration with the knowledge platform, educators, employers, advocates, and others can value and exchange knowledge through voluntary or gamified interactions. The data is generated in conjunction with knowledge Scores will tell stories and identify opportunities in a way that has never been possible before. So, this is where the platform gets very, very interesting. So, picture that it’s a picture that millions of people are now contributing to this knowledge economy. They’re answering questions in this ecosystem about any type of topic right. Any topic you could think of, think of Google where people go and they ask questions. Think of Google that where you could not only ask questions, but you could answer questions and then get paid to actually answer those questions right. Well, what would Google do with data like that? So, this data will be the data that’s the questions and the answers to those questions will be stored on this knowledge economy Blockchain right. they’ll be stored in this ecosystem, in this Blockchain, and after the knowledge is stored there, you’re not only going to have the knowledge stored in the Blockchain, the question, the answers that come from the question, you’re also going to have the people that answered the questions themselves stored against that data. And they’ll have an Associated Score, associated with that as well. So, an associated kind of intelligence or knowledge Score which will give them an opportunity to do business with other people in other companies, in other environments right. And so, knowledge.io can then start to match the people up there. They can start to match the people that are answering these questions and have this expertise or knowledge. They can then start matching them up with other companies that may need help or consulting services or knowledge in a particular area right. So, if I’m a marketer and I go to knowledge.io and I start answering all these questions about marketing right. Well, I’m not only going to get paid, for those answers from knowledge, and from those knowledge tokens, but I’m also going to be presented with opportunities to other companies that may need marketing advice, that may need marketing help or consulting work or whatever right. They’re going to be offering my services to those companies if I allow them to if I want them to right. so, they’re going to open up the gate for this kind of new type of interactions between many different things. And it says right here between educators, employers, advocates you know and others that can value the exchange knowledge through voluntary or game of fighting interactions. So, they can create all different types of games. They can create all different types of employment services; they could create all types of educational opportunities and services through this application. This is really where this platform gets extremely interesting. If it actually you know gets taken to another level. Now imagine okay like imagine Yahoo Answers or Google Answers, or there’s been a lot of companies that have tried to create kind of this answer, question-answer type of ecosystem. If you look at the early days of the Internet, this is actually a pretty big thing that people were trying to start and solve. And I actually myself back in the day; this was like 15 years ago; with a developer at the time, we were kind of Co collaborating on creating this new answer marketplace. And then we just realized at the time that there just wasn’t enough technology available to do what we wanted to do, and knowledge.io is actually creating this ecosystem which was never before possible in the past, which is traditional HTTP, WWW internet type of protocol right. Now that we have Blockchain, now that we have cryptocurrency and Blockchain type of protocols; this is possible because all of that information can not only be stored in a database. It’s a distributed database right. And not only can it be stored in the Blockchain, but it can be stored at a level that was never possible before and it cannot be hacked. So, you can do some very interesting things by coordinating all of these answers, and questions, and people into this massive ecosystem, into this massive database. You could then start utilizing that data in a variety of ways that we never thought possible. So, guys, that’s why I’m bullish on knowledge.io; I think it’s fascinating concept, it’s a fascinating idea. And I think it’s actually very, very smart idea. Even for creating games, like games and entertainment itself right. And they said their partnerships are growing and they’ve currently partnered with Gaming Grids, Coinomi, Tivo. They’re partnering with the right players to take this platform to the next level right. So, this will be very interesting to see how this turns out.

10:55 – THE KNOWLEDGE.IO TEAM

The team is solid. I’m not going to go through the whole team right here, but the team is very solid. It’s a big team, a lot of advisors on the team.

11:02 – THE ROADMAP

The roadmap I’m very curious. So, the marketplace is going to be launched with the Dropshipper integration. In Q2-Q3 of 2018, let’s see knowledge they’ll probably have some sort of ranking system right.  So, here’s the ICO right. I said IPO who… it’s the ICO.

11:23 – ICO INFORMATION

Okay so, here’s the ICO information right. So, the crowd ICO cap is 19 million, the minimum is $200 right. The total supply of tokens, that’s what I’m looking at here. Total supply…I’m not seeing the total supply of tokens, but I will look at that and for in just a second here okay. So, that is knowledge.io,

11:44 – WHITEPAPER

Check out their white paper. I’m not going to go through their white paper right now, but it is a well-written white paper. I’ve glanced at it a bit. I’ve read a little bit of it. I haven’t gone completely through it, but um check it out. It gives a lot more information to the things I’m referring to. It gives more information in terms of how they’re going to build out their platform, how they’re going to scale this business and I think it’s going to be a fun ride to see how this turns out. I’ve already invested a couple hundred; about $400- $500 into this particular ICO, back maybe I don’t know a couple weeks back, but now I’m making a video because I’ve revisited it and I think it’s just a really, really great idea. Others are bullish on this; I think John McAfee I think may have said something about this. But anyway take a look let me know what you think. I’d love to know. I’m Dan from cryptoCamacho.com hopefully you found this useful? If you have not subscribed to my YouTube channel, please do by clicking on that huge red button right below that says subscribe with 10,000. I’d like that to say 15,000. So, give that a little click and next time you want to watch my videos, they’ll just come right to you right to you. You’ll get a notification. It’ll come right to you. You could watch it and you won’t even have to search. All right guys, I’m Dan from cryptoCamacho, go to cryptocamacho.com for more information and I like to see you guys.