Consensus (SEN) Review & Analysis – Consensus ICO Review

Consensus

Decentralized AI For Collective Governance

ERC20 Token

Consensus is the open-sourced, decentralized artificial intelligence platform, powered by native cryptocurrency and built with the vision to improve the governance mechanisms at all levels of organizational structures. Once fully realized, it will be able to offer automated, data-driven solutions to the most complex problems of our collective co-existence.

Once fully realized, Consensus AI will be able to offer automated, data-driven solutions to the most complex problems of our collective co-existence by modelling the potential outcomes of proposed changes. Consensus will help govern communities, societies and countries in a more cost efficient, transparent and progressive manner.

A Decentralized App Layer Which Enables things like A Public Tender System — a marketplace for projects and public works, where contractors can be selected using voting, execution can be monitored and feedback given
A Research Platform Layer which enables things like a Data collection and fusion system — data import from various sources and transformation to structured data objects, association with real objects and events
A Sentient Network Layer – Decentralized computer with machine learning on chain and trusted nodes, verified with electronic national IDs

“The mission of Consensus is to achieve collective governance based on interdependence using advanced technologies”

Exchanges

Tidex
IDEX

Positives

The Advisory Board Here Is Extremely Well Suited to the Project. They’ve Got James Stewart (Co-founder of the UK Government Digital Service) and April Rinne (Local & National Governments Consultant) to Name Two of the Six. If Anybody Knows How to Communicate the Potential Use Cases of a Project with Government Entities, It’s This Advisory Board. One of the Strongest Points for Consensus.
Beautiful Website (Albeit a Bit Bare). Great Research for Investors Who Are Willing to Dive into the Extensive Documentation Including a Full Whitepaper And an Overview Document For Investors Who Are Time Poor. Great Graphics.
The Team Is Experienced in a Wide Range of Fields Dealing with Large Scale Project Implementation and Artificial Intelligence Development. The Team Features the CEO and the Former Director of Engineering at 500px, One of the Worlds Most Popular Photo Distribution Platforms. The Team Checks All the Boxes Here. Consensus Is in Good Hands.
The Roadmap Here Extends All the Way into 2023. The Milestones Described Are Completely Reliant on the Technology Being Adopted by Government Entities, but If That All Falls into Place, the Team Seem Very Focused on the Future. Investors Do Need to Understand That Consensus Is a Very Long Term Hold, If Consensus Is Successful in It’s Roadmap Goals, Investors Will Be Heavily Rewarded.
Competitors Are Going to Find It Hard to Compete Quickly. Consensus Is Creating a Platform That Is Not Easily Copied Due to the Extent of the Features They Are Developing. If Consensus Can Pull off What They Are Attempting to Do, It’s Game over for the Competition.

Concerns

The Consensus Project Is Extremely Ambitious but If the Team Can Pull It off and Gain the Adoption They Are Aiming for, It’s a Game Changer for so Many Aspects of Governance. With the Target Audience Including Huge Parties Such as Government, Consensus Really Needs to Build a Product That Governments Will Want to Invest Resources Into.
The Marketing for Consensus Hasn’t Been Very Visible. It’s Still Early Days for Consensus but for a Project with Such Ambitious Goals, Communicating with the Community Is Absolutely Essential to Build Trust and Confidence. We Could Not Find an Official Reddit. Their Twitter Account Has over 30k Followers, Tweets Are Often Full of Substance but Infrequent. We Just Don’t “Feel” The Community Presence Here.
The Consensus Website Currently (May 7th, 2018) Doesn’t Have a Lot of Information about the Project on the Homepage. If You Are Looking for Research, Head Straight for the Overview Document. It’d Be Great to See Some of the Great Diagrams/Visuals Included in the Overview Document Brought over to the Website Homepage.