5 ms·

Sorry man your site lost me at the token based app store...

JumpCrisscross 8y ago
> lost me at the token based app store Same. Got excited, then saw it's shilling a coin [1]. From a branding perspective, this undoes the goodwill won by the privacy message. [1] https://token.snips.ai https://token.snips.ai
- oh_sigh 8y ago
  Did you take a moment to understand why they are doing this with a coin, or are you just anti-crypto-coins altogether?
  - JumpCrisscross 8y ago
    > Did you take a moment to understand why they are doing this with a coin, or are you just anti-crypto-coins altogether? They're promoting a security [1]. If a company can't bother with the law, I distrust their claims around privacy. Also, if you're doing on-device AI, you have a natural business model: sell the device. (Maybe also subscriptions.) Adding in a token creates conflicts of interests. [1] https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_coinofferings https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_co...
  - QuercusMax 8y ago
    Care to explain it to us? There's nothing obvious I can see as to why they're using coins, and based on the recent stories about the SEC investigating ICOs, skepticism seems warranted.
    - oh_sigh 8y ago
      Oh, I don't know, I have just heard of these coins myself. But based on OPs response it is hard to tell if they just dislike cryptocoins altogether, or if they read about the specifics and disliked the specifics of this one cryptocoin.
      - quickben 8y ago
        You are missing the fact they are taking about privacy.
        oh_sigh 8y ago
        I don't see how privacy and cryptocoins are related. Some cryptocoins can enable privacy, whereas some can make privacy more difficult. My question is if OP has a problem with the specifics of this cryptocoin or if they just dislike all cryptocoins.
- replies_to_all 8y ago
  But, there are over "14,000 developers who are already building apps for Snips"!
- TeMPOraL 8y ago
  Thirded. I know about Snips.ai for some time now, I was planning to play around with it soon, and then I learned about the token thing. I mentally put the project into the trashcan at that very moment, it only got out of there due to being repeatedly mentioned on HN as something legit.
oulipo 8y ago
Hi Brian, I understand your concern, we try to have a global view of what it means to bring a private-by-design product to the market And when we consider all this, we are thinking about: - how can we remunerate people who want to share their data - how can we ensure that people can buy apps without leaking information about who they are and what they do - how can we incentivize the creation of an encryption-based machine-learning network which would allow to do private-by-design model training and the answer to all of these was too build a decentralized AI you can learn more about this on our blog: - https://medium.com/snips-ai/decentralized-machine-learning-using-mpc-and-secret-sharing-9b8e4ca358ba https://medium.com/snips-ai/decentralized-machine-learning-u... - https://medium.com/snips-ai/token-curated-app-stores-dec6a0cbd160 https://medium.com/snips-ai/token-curated-app-stores-dec6a0c...
- StavrosK 8y ago
  You can do all of this with an already-existing cryptocurrency, though. The only reason to create your own is to cash in on the hype.
docmars 8y ago
What is your concern around this? I'm not aware of what this implies as being a negative aspect to using Snips. Please elaborate when you get a moment. :)
deleted 8y ago
[deleted]

> lost me at the token based app store Same. Got excited, then saw it's shilling a coin [1]. From a branding perspective, this undoes the goodwill won by the privacy message. [1] https://token.snips.ai https://token.snips.ai

oh_sigh 8y ago
Did you take a moment to understand why they are doing this with a coin, or are you just anti-crypto-coins altogether?
- JumpCrisscross 8y ago
  > Did you take a moment to understand why they are doing this with a coin, or are you just anti-crypto-coins altogether? They're promoting a security [1]. If a company can't bother with the law, I distrust their claims around privacy. Also, if you're doing on-device AI, you have a natural business model: sell the device. (Maybe also subscriptions.) Adding in a token creates conflicts of interests. [1] https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_coinofferings https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_co...
- QuercusMax 8y ago
  Care to explain it to us? There's nothing obvious I can see as to why they're using coins, and based on the recent stories about the SEC investigating ICOs, skepticism seems warranted.
  - oh_sigh 8y ago
    Oh, I don't know, I have just heard of these coins myself. But based on OPs response it is hard to tell if they just dislike cryptocoins altogether, or if they read about the specifics and disliked the specifics of this one cryptocoin.
    - quickben 8y ago
      You are missing the fact they are taking about privacy.
      - oh_sigh 8y ago
        I don't see how privacy and cryptocoins are related. Some cryptocoins can enable privacy, whereas some can make privacy more difficult. My question is if OP has a problem with the specifics of this cryptocoin or if they just dislike all cryptocoins.
replies_to_all 8y ago
But, there are over "14,000 developers who are already building apps for Snips"!
TeMPOraL 8y ago
Thirded. I know about Snips.ai for some time now, I was planning to play around with it soon, and then I learned about the token thing. I mentally put the project into the trashcan at that very moment, it only got out of there due to being repeatedly mentioned on HN as something legit.

oulipo 8y ago

Hi Brian, I understand your concern, we try to have a global view of what it means to bring a private-by-design product to the market And when we consider all this, we are thinking about: - how can we remunerate people who want to share their data - how can we ensure that people can buy apps without leaking information about who they are and what they do - how can we incentivize the creation of an encryption-based machine-learning network which would allow to do private-by-design model training and the answer to all of these was too build a decentralized AI you can learn more about this on our blog: - https://medium.com/snips-ai/decentralized-machine-learning-using-mpc-and-secret-sharing-9b8e4ca358ba https://medium.com/snips-ai/decentralized-machine-learning-u... - https://medium.com/snips-ai/token-curated-app-stores-dec6a0cbd160 https://medium.com/snips-ai/token-curated-app-stores-dec6a0c...

StavrosK 8y ago
You can do all of this with an already-existing cryptocurrency, though. The only reason to create your own is to cash in on the hype.

docmars 8y ago

What is your concern around this? I'm not aware of what this implies as being a negative aspect to using Snips. Please elaborate when you get a moment. :)

deleted 8y ago

[deleted]