Centralization of Power and Resources
* **Dominance of Large Entities**: Major corporations and well-funded entities dominate AI research and development, limiting opportunities for smaller developers and independent researchers. * **Resource Inequality**: Smaller teams often lack access to necessary resources, funding, and infrastructure, creating a significant barrier to entry.Lack of Transparency and Trust
* **Opaque Funding Processes**: Traditional crowdfunding platforms often lack transparency in how funds are allocated and managed, leading to mistrust among backers. * **Risk of Fraud**: The centralized nature of these platforms makes them susceptible to fraudulent activities, with limited mechanisms for accountability and verification.Inequitable Distribution of Benefits
* **Limited Contributor Rewards**: Backers and contributors often receive minimal rewards or recognition for their support, with most benefits accruing to project initiators. * **Ownership Concentration**: Centralized platforms typically concentrate ownership and control, marginalizing the contributions and interests of smaller stakeholders.High Fees and Inefficiencies
* **Platform Fees**: Traditional crowdfunding platforms charge significant fees for their services, reducing the overall funding available for projects. * **Administrative Overheads**: The centralized management of these platforms leads to administrative inefficiencies, delaying project timelines and increasing costs.Inflexible Funding Models
* **All-or-Nothing Campaigns**: Many platforms use rigid funding models where projects only receive funds if they meet their full funding goal, which can be challenging for innovative or niche AI projects. * **Limited Funding Options**: Traditional platforms often provide limited options for backers, such as one-time contributions without the possibility of ongoing support or equity stakes.Barrier to Community Collaboration
* **Isolated Project Development**: Current platforms lack mechanisms to facilitate ongoing collaboration and community involvement in project development. * **Limited Feedback Mechanisms**: There are few opportunities for backers to provide feedback or participate in project governance, leading to a disconnect between project teams and their communities.Regulatory and Compliance Challenges
* **Legal and Regulatory Barriers**: Traditional crowdfunding models must navigate complex legal and regulatory landscapes, which can limit their ability to operate globally and inclusively. * **Lack of Standardization**: The absence of standardized protocols and practices across platforms creates inconsistencies and complicates cross-platform collaboration and integration.Fragmentation and Siloed Development
* **Isolated Efforts**: AI innovators often work in isolation, with limited interaction and collaboration between different teams and individuals. This fragmentation leads to duplicated efforts and missed opportunities for synergies. * **Lack of Standardization**: Different projects use various tools, platforms, and methodologies, making it difficult to share and integrate work across different initiatives.Limited Access to Resources and Knowledge
* **Resource Inequality**: Smaller teams and independent researchers often lack access to the same resources (e.g., data, computational power, funding) as larger organizations. * **Knowledge Gaps**: There is a significant disparity in access to cutting-edge research and developments, limiting the ability of smaller players to innovate and contribute meaningfully.Inefficient Communication and Coordination
* **Communication Barriers**: Effective communication and coordination are challenging due to geographical, organizational, and cultural differences. * **Coordination Overheads**: Managing collaborations often involves significant administrative overheads, reducing the time and resources available for actual development work.Intellectual Property and Contribution Recognition
* **IP Management Issues**: Intellectual property (IP) rights can be challenging to manage in collaborative environments, leading to disputes and mistrust. * **Recognition and Attribution**: Properly attributing contributions and ensuring that all collaborators receive recognition and rewards for their work is often problematic.Security and Trust Concerns
* **Data Security**: Sharing sensitive data and resources across different teams raises concerns about data security and privacy. * **Trust Issues**: Building and maintaining trust between collaborators who may have different priorities and levels of commitment is difficult.Scalability and Integration Challenges
* **Scalability**: As collaborative projects grow in size and complexity, managing and scaling these collaborations becomes increasingly challenging. * **Integration Difficulties**: Integrating contributions from diverse collaborators into a cohesive and functional final product can be technically complex and resource-intensive.Lack of Incentives and Motivation
* **Inadequate Incentives**: The lack of clear and meaningful incentives for collaboration discourages potential contributors from participating. * **Motivation Challenges**: Maintaining motivation and engagement over long-term projects is difficult, especially when contributors do not see immediate benefits or recognitionComplex Ownership Structures
* **Ambiguous Ownership Rights**: Determining and documenting ownership rights for AI projects can be complex, especially when multiple contributors are involved. This ambiguity can lead to disputes and legal challenges. * **Centralized Control**: Often, centralized entities retain significant control over AI projects, limiting the influence and benefits for smaller contributors and collaborators.Inequitable Distribution of Profits
* **Profit Concentration**: Profits from AI projects are often concentrated among a few stakeholders, typically those who provide the initial funding or control the platform. This inequity can discourage broader participation and innovation. * **Lack of Revenue Sharing Mechanisms**: Traditional models lack efficient mechanisms for revenue sharing, making it difficult to fairly distribute profits among all contributors.Difficulty in Monetizing Contributions
* **Valuation Challenges**: Accurately valuing individual contributions, whether in terms of code, data, or intellectual property, is challenging, leading to potential undervaluation and under-compensation. * **Limited Monetization Options**: Contributors often have limited options for monetizing their work, relying primarily on one-time payments or royalties that may not reflect the true value of their contributions.Transparency and Trust Issues
* **Opaque Processes**: The processes for determining ownership stakes and distributing profits are often opaque, leading to mistrust among collaborators. * **Trust Deficits**: Without transparent and reliable systems, collaborators may be reluctant to fully commit their resources and efforts to a project.Administrative and Legal Complexities
* **Legal Barriers**: Navigating the legal landscape to establish and manage co-ownership agreements can be complex and costly. * **Administrative Overheads**: Managing co-ownership structures and profit-sharing arrangements involves significant administrative overhead, detracting from the focus on actual project development.Inadequate Incentive Structures
* **Weak Incentives for Collaboration**: Current systems often lack robust incentives for collaborative contributions, resulting in fewer collaborations and less innovative outcomes. * **Short-term Focus**: The focus on short-term gains rather than long-term co-ownership and profit-sharing can limit the sustained commitment and engagement needed for successful AI projects.Scalability Issues
* **Scalability Constraints**: As the number of contributors grows, managing co-ownership and profit distribution becomes increasingly complex, making it difficult to scale collaborative AI projects effectively. * **Integration Challenges**: Integrating the contributions of numerous stakeholders into a cohesive monetization strategy poses significant technical and organizational challenges.# Asset {% hint style="danger" %} This page is being updated and content might change. The content below is not in its final form. {% endhint %} Asset is the core component of Desights Protocol. If we were to choose one biggest value proposition of Desights, it would be Asset. Desights Protocol exists to facilitate the creation of Assets. Each Asset is a DAO and comes with its own governance. Governance token of Asset is represented by symbol $asset within Desights. $asset is an ERC20 token and also represents the Ownership rights of that particular Asset. Meaning that if you are holding $asset token of a given asset, you are co-owner of that asset and can take part in the governance of that Asset based on your Ownership percentage (i.e.) the amount of $asset held by your wallet compared with total supply of that $asset. \
## Lifecycle of an Asset ### 1. Created Asset is always created within a Challenge. It cannot exist outside the Challenge. It makes logical sense, because Asset is typically created to solve the Challenge. When Asset is created, it assumes the initial blueprint of Ownership Split defined within a Challenge. ### 2. Delisted When an Asset is created it is delisted by default. Meaning that this asset is not available to be consumed by subscription, purchase or any other monetisation model. Reason for delisting Asset as a default is because when it is created Asset might be in its raw form and doesn't provide any value add. (e.g.) when an AI model is created in its raw form (without any training on data), they are just algorithms and don't have much value to itself. ### 3. Listed Initially when Asset is created, it is unlisted meaning that it cannot be subscribed or purchased. Listing/Delisting is handled by toggling `isListed` flag on Asset to `true` or `false`. When Asset is listed, it is said to be generating revenue. This revenue is then passed down to the co-owners as royalties based on their Ownership percentage. # Challenge {% hint style="danger" %} This page is being updated and content might change. The content below is not in its final form. {% endhint %}
Challenge DAO Architecture diagram
# Funders {% hint style="info" %} Content Coming Soon {% endhint %} # Ownership Split {% hint style="info" %} Content Coming Soon {% endhint %} # Funding Pool {% hint style="info" %} Content Coming Soon {% endhint %} # Solvers {% hint style="info" %} Content Coming Soon {% endhint %} # Teams
Team and Asset Ownership and Monetisation
Current Architecture of Desights (LIVE)
New Protocol Architecture
### Team Profile Just like User Profile, there is Team Profile. Key difference between User Profile and Team Profile is, Team Profile is co-owned and managed by multiple User Profiles. Although the underlying structure remains same, Team Profiles are much more powerful. They allow multiple owners and manages their [Ownership structure](/core-components/ownership-split) within a [Team](/core-components/teams). All [Assets](/core-components/asset) created by this Team shares the same Ownership Structure as defined within Team Profile. Team Profile establishes the [Collaborative](/concepts/collaborate) aspect of Desights Protocol. ### Registry Registry component is better explained [here](/core-components/registry) ### Challenge Challenge is better explained [here](/core-components/challenge) ### Asset Assets are better explained [here](/core-components/asset) # Smart Contracts This page content will evolve in coming weeks {% hint style="danger" %} Desights Protocol Smart Contracts are underdevelopment and are scheduled to be launched in Q3 2024.\ \ Please note that this page is being updated and its content might change. The content below is not in its final form. {% endhint %} Below are contracts used within Desights Protocol :point\_down: * Registry * ChallengeBase * Funding Pool * Asset * ProfileBase * User Profile * Team Profile # Creating Desights Profile Step-by-step tutorial on how to create your Desights Profile {% hint style="info" %} Desights Profile is a Smart Contract Account based on ERC725 standard. Each User can have only one Desights Profile. If you have already created your Profile, you won't be able to create a duplicate profile. {% endhint %} ### Step 1 In order to create your Desights Profile, you must join our discord server - [https://discord.gg/uBhKRmQ5H6](https://discord.com/invite/uBhKRmQ5H6)
{% hint style="info" %} **Note** - Asset file only allows to upload one file. So, If you have more than one files to Submit, make a Zip folder and upload the zip folder. {% endhint %} {% hint style="danger" %} **Important** - Currently, Desights funds your Submission uploads to Arweave to improve your user experience. Hence, to avoid miss use of funds, Desights limits the Submission file size to 10 megabytes (MB). This size limit has been carefully chosen after carefully studying median size of past submissions. So, if your submission is above this size, kindly compress the submission file before uploading. {% endhint %} #### Proposal Details: Use this section as your chance to provide more details about your submission. For (e.g.) you can mention about - * Your assumptions * Your Source of Data * How should Judges use your submitted datasets or algorithms? * Maybe some guide or tutorial etc.. ### Step 4 Click on **Submit** button once all sections are filled out correctly. {% hint style="danger" %} **Please Note** - You can only Submit once to the challenge and cannot edit/update your submission. So make sure you get it right the first time. {% endhint %}
**What is Payment Wallet Address?** Payment Wallet Address is the public address of any ethereum based account (starts with 0x... and 32 bytes in size) that you would like to receive your winning rewards on. \ \ \ **Here are some Do's and Don'ts for choosing your payment wallet address** :white\_check\_mark: Wallet address needs to be Ethereum based address (here's more info on [Ethereum Addresses](https://info.etherscan.com/what-is-an-ethereum-address/) :white\_check\_mark: If your Payment Wallet is an EOA (Externally Owned Address), make sure you control the Private Key of that Wallet. :white\_check\_mark: If your Payment Wallet Address is a Smart contract address, make sure you have the ability and access to move funds from that smart contract. :white\_check\_mark: Ideally use any popular Wallets like Metamask or Rabby to create your Payment Wallet address. This will make it easy for you to move your funds later. :white\_check\_mark: You can use your Desights Profile Controller wallet (not Desights Profile Id) that you use to Log into Desights Platform. :x: Do not use your Desights Profile Id as your Payment Address because currently your Profile contract doesn't allow to move funds. And hence your funds will get stuck. :x: Do not share Private Key with anyone else they might get access to your funds on that Wallet. # Roadmap This is a living document that can change frequently. Consider this document as a window of what's coming in Desights rather than source of truth. {% tabs %} {% tab title="2023" %}
