What is Heurist?

Preface

In the current technological environment, artificial intelligence (AI) is rapidly becoming an important driving force in various industries. With the popularization of AI technology, the demand for computing resources has also surged. Facing this challenge, Heurist, as a decentralized AI-as-a-Service cloud platform, is committed to providing serverless AI services for developers by aggregating the computing power of individual GPU holders and data centers. This article will delve into the background, operation mechanism, token economics, market potential, and future prospects of Heurist.

Project Introduction

Heurist is a decentralized artificial intelligence as a service (AI-as-a-Service) cloud platform, aimed at providing serverless AI services by aggregating computing resources from individual GPU owners and data centers. Its API-first infrastructure eliminates the need for developers to manage GPU machines, making cost-effective and unreviewed AI integration possible through APIs.

Loan Background

Heurist has completed a $2 million Pre-Seed round of financing, with participation from institutions such as Amber Group, Contango Digital Assets, Manifold, Selini Capital, Sharding Capital, X Ventures, Zephyrus Capital, Mozaik Capital, Steroids Capital, as well as multiple angel investors, to jointly build the infrastructure for the next chapter of artificial intelligence.

Introducing decentralized artificial intelligence cloud

1. True serverless AI: develop and deploy powerful models with minimal code, without the hassle of capacity planning and infrastructure.
2. Dynamic resource allocation: each task is matched with its best hardware, the focus is still on building, not configuration.
3. The infrastructure owned by the community: a network that provides built-in monetized incentives for participation through computing providers, developers, and the community, to coordinate in harmony for collective progress.

Core Innovation

1. Elastic Stretch Protocol

The market can only function at its best when the supply naturally meets the demand. The Heurist network grows with peak usage and scales down during quiet periods. When demand rises, incentive measures automatically attract more GPU computing power. When it decreases, resources are effectively reallocated.

2. Scalable Layer 2 Infrastructure

Heurist is based on ZK Stack and leverages the latest advancements in blockchain scalability.

• Lightning-fast transactions at only a small fraction of the cost of layer 1
• Inherit the security of Ethereum through zero-knowledge proof.
• Seamlessly integrated with the Elastic Chain ecosystem

3. Smart Request Routing

Through analysis and matching, each computational request is matched with its perfect attribution:

• Hardware requirements (VRAM, computational power)
• Performance requirements
• Budget Limit
• Geographical preference

4. Zero Trust Computing

Trust and verification are indispensable. Each task on Heurist is verified by mathematical proofs and achieved uncompromising reliability through encrypted verification.

Heuristic Ecosystem

The core of the Heurist ecosystem is a seamless network connecting three key participants:

1. Developers: Instant access, unlimited scalability through Heurist unified API/SDK leveraging the power of open source AI. Start building in just a few lines of code, then easily scale with usage-based pricing. Serverless AI with no infrastructure burden.

2. GPU owners: It is profitable to participate and turn idle GPUs into a stable income stream, similar to POW mining, but all computations serve real-world needs. Earn computational fees and protocol emissions by contributing resources to the Heurist network.

3. User: Heurist, an AI tool designed for users, explores the potential of decentralized AI through a user-centric front-end package.

• Heurist Imagine: Unlock professional grade image generation
• Pondera: Interacting with advanced artificial intelligence conversation partners
• Heurist Search: Experience the Future of Internet Search

Token Economics

The token name of the Heurist project is HUE. As a utility token, its supply is dynamic and regulated through issuance and burning mechanisms. The maximum supply of HUE tokens is limited to 1 billion.

Token distribution and issuance mechanisms can generally be divided into two types: mining and staking.

• Mining: Users can mine HUE tokens by hosting AI models on their GPUs. Mining nodes require a minimum stake of 10,000 HUE or esHUE tokens to activate and will not receive rewards if the stake is below this value. The rewards for mining are in esHUE tokens, which are automatically compounded into the stake of the mining node. The reward rate depends on the GPU efficiency, normal operating time, the type of AI model being run, and the total stake in the node.
• Staking: Users can stake HUE or esHUE tokens in miner nodes. The staking rewards are distributed in the form of HUE or esHUE tokens, with a higher yield for staking esHUE tokens than HUE tokens. Unlocking staked HUE tokens requires a 30-day lock-up period, while there is no lock-up period for unlocking staked esHUE. The esHUE rewards can be converted to HUE tokens over a linear release period of one year. Users can transfer their staked HUE or esHUE tokens from one miner node to another, promoting flexibility and competition among miners.

The heuristic token distribution embodies the principles of fairness and community ownership, and its native token HEU can be used to pay for developers' computing resource costs, serve as the Gas cost for user transactions, and support staking and governance functions. In terms of allocation, 50% is allocated to computing power providers, and early community distribution (including early miners and NFT holders) accounts for 7%. Heurist's elastic token release rule dynamically adjusts the annual inflation rate between 1.25% and 5%.

Heurist (HEU) Token Distribution

Token burning mechanism

Heurist implements a token burning mechanism, where a portion of HUE payment will be permanently removed from circulation when users pay for AI inference fees. The issuance and destruction of tokens are closely related to network activity. During periods of high usage, the token burn rate may exceed the issuance rate of new tokens, leading to a deflationary phase for the Heurist network. This mechanism helps regulate token supply and maintain token value in line with actual demand within the network.

Summary

Heurist is a decentralized Artificial Intelligence-as-a-Service (AIaaS) cloud platform that is redefining the hosting and inference of AI models through its innovative technical architecture and flexible resource management. By aggregating the computational resources of individual GPU owners and data centers, Heurist not only provides developers with efficient and serverless AI integration solutions, but also creates a stable income stream for GPU owners. Its core mechanisms, such as elastic scaling agreements, scalable layer 2 infrastructure, and zero-trust computing, ensure the security and efficiency of the platform. With the growing demand for AI services in the market, Heurist has a promising future and is expected to bring more value and opportunities to users and developers while driving the decentralized AI ecosystem forward.