DeepWater Treasure Recovery

A new project employing artificial intelligence for underwater pattern recognition

We are launching DeepWater, a new project, which employs artificial intelligence for underwater pattern recognition. We plan to gather information about shipwrecks and underwater mineral resources in the Caribbean Sea and along the historical trade routes in the Atlantic and the Pacific Oceans.

CS Score

4.2

Outlook:

Negative

DeepWater Treasure Recovery – by ,
4.2/ 10stars

Ended

2018/05/08 - 2018/05/30
ICO
DeepWater Treasure Recovery
Token
DWT
Price
1 DWT = 0.0005 ETH
Platform
Ethereum
Accepting
BTC, ETH
Bounties
Available
Bonus
Not Available
Country
Ecuador

CS Score :

4.2

Outlook :

Negative

Idea 50%
Idea 2.0
Competitiveness 3.2
ICO 5.6
Team 5.6
Community 3.8
Marketing 3.7
Documentation 7.7
Financials 6.0
Reliability 4.1
Feasibility 3.5

DeepWater Treasure Recovery would like to cause disruptive changes in the deep-water exploration industry with the application of blockchain technology. However, our team is not convinced that they have made good use of blockchain technology, which causes a major concern for investors. Whether the company will have enough capital to be listed on exchanges and continue their development is also questionable. Besides, our team could not identify their edges over current deep sea mining or exploration companies. All in all, we believe it will be difficult for DeepWater Treasure Recovery to successfully carry out the project as planned.

Idea
The idea of undergoing deep-sea mining or discovery is hardly innovative, since most companies have more than five years of experience in this field. DeepWater Treasure Recovery also fails to sp…

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Investors have long been interested in two main aspects of deep-water exploration. First, shipwrecks and sunken treasures. In the Atlantic Ocean alone, according to some estimates, over 100,000 ships were lost, with cargo worth trillions of dollars. Second, deep-sea mining. According to the reports of the British Geological Society, ocean resources of some precious metals, including cobalt, nickel, and gold, are thousand times larger than the existing continental reserves. Oceans and seas have an unmatched investment potential. However, current archaic fragmented methods of deep-water exploration pose serious obstacles to business development in these areas. In the vast high seas, the key to success has always been quality data on where to search. Exploratory expeditions often rely on incomplete historical records, approximate calculations, theories, intuition, and luck. Needless to say, many return on shore empty handed.

And now imagine that it is possible to eliminate uncertainty and errors. It is possible to know for sure the exact coordinates of a shipwreck with valuable cargo or the location of a rich mineral deposit. Anyone, from amateur treasure hunters to large corporations interested in deep water mining would be able to buy access to data about millions of square kilometers of seabed. Tens of thousands of deep-water explorers would get a chance to buy information about promising coordinates with discovered shipwrecks, mineral resources, and anomalies.

DeepWater team will collect, analyze, and present these data on the DeepWater Market.©, platform. For three years, our team has been developing DeepWater Syst.©, a unique large-scale information and measurement system to collect and interpret data patterns from the seabed. We built on existing underwater scanning technology but enriched it with Artificial Intelligence (AI) and adapted it to create specialized gliders to collect data about sunken objects, natural formations, and other features of the seabed. Gliders conduct underwater scanning and supply information to the DeepWater Neural Network, which learns to recognize underwater patterns. Each new expedition of the fleet of gliders would add more datasets to enhance the system’s Deep Learning process and increase the rate of recognition up to 98-99%.

We plan to begin a systematic scanning of the seabed along the historical trade routes between the New and the Old World in the Caribbean Sea, in the Atlantic and Pacific Oceans. Based on the information collected by DeepWater gliders, we will form a centralized database of underwater shipwrecks and mineral resources. This information will be available for sale on an online auction platform DeepWater Market.© to any interested registered user. At this stage, we will use blockchain technology to securely store the data and ensure its integrity. Only the buyer will have access to the coordinates of the sold lot. Blockchain would guarantee that neither DeepWater team, nor anyone else can alter the data or re-sell it after the purchase is made. To increase profits, DeepWater team would reserve 20% of all the promising lots for recovery by its own means or jointly with partners. Every year we plan to recover 1-2 ships with valuable cargo.

Our highly skilled team of robotics experts, systems engineers and developers has already created a unique new generation technology, which sets us three years ahead of any possible competitors. To truly benefit from the potential of Deepwater Syst. ©, we need to build the largest fleet of autonomous gliders in the world. To start a glider assembly line, we are crowdfunding resources by means of token sale on the Ethereum platform. Deepwater Syst. © is a disruptive innovation on the market, which will profoundly change the business of treasure recovery and deep-sea mining. The world is on the verge of a major technological breakthrough in deep-water exploration, which will bring along incrediblediscoveries and multi-billion profits already in the next few years.

Team Members

Alej­andro Gavri­lyuk
CEO, Founder

Manuel Merino
Software Engineer

Fernando Moreira
Software Engineer

Eduardo Perez
System Engineer

Julio Cruz
Software Engineer

Alfredo Casero
System Engineer

Pedro Vela
Software Engineer

Rodrigo Intriago
System Engineer

Carlos Alvarado
System Engineer

Jose Saltos
Marine Surveyor

Alej­andro Gavri­lyuk
CEO, Founder

Manuel Merino
Software Engineer

Fernando Moreira
Software Engineer

Eduardo Perez
System Engineer

Julio Cruz
Software Engineer

Alfredo Casero
System Engineer

Pedro Vela
Software Engineer

Rodrigo Intriago
System Engineer

Carlos Alvarado
System Engineer

Jose Saltos
Marine Surveyor

Advisors

February 2, 2014

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February 2, 2014
May 10, 2015

The birth of mankind

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May 10, 2015
June 21, 2016

The birth of mankind

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June 21, 2016
2015
-Glider Prototype Development
2015
2016
– Testing the Concept
– Glider Prototype Launch in Ecuador Closed Waters
– Initial data collection
– Neural Network Development
-Glider Prototype Launch in Ecuador Inshore Waters
-Initial Neural Network training based on the acquired data
2016
2017
-Neural Network testing in a Virtual Underwater Simulator (UWSims)
– Glider prototype launch in offshore
– Additional data accumulation for Deep Learning
– System debugging
– Logistics network optimisation
– “glider-to-glider” and “glider-to-ship” communication system debugging
2017
2018
-“DWT” Token pre-sale/sale
-Distribution of Tokens “DWT”
-Listing “DWT” on Cryptocurrency Exchanges
– Filing paperwork to purchase land and to start the construction of an assembly line
– Hiring assembly line personnel
– Setting up an international logistics network and signing contracts with the suppliers of parts
– Launch of the glider assembly line
– Start of the development of the Deepwater Market platform
– Hiring marketing and PR personnel
2018
2019
– Launch of the first exploratory expedition by the fleet of gliders
– DeepWater Market.© platform launch and blockchain integration
– Start of a large-scale advertising campaign for DeepWater Market.©
– Loyalty program execution: start of DWT buy-back
2019
2020
– Increasing the number of lots on DeepWater Market.©, start of the recovery of some discovered shipwrecks
2020