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Basis Neuro on a Mission to Bring Transformation
ICO, Interview

Basis Neuro on a Mission to Bring Transformation

(Last Updated On: July 23, 2018)

Basis Neuro is committed to bring transformation in healthcare, sports, education and training, gaming and VR through creating a ecosystem of neural technolgies’ applications. This ecosystem will be based on an open technology platform (hardware and software) and b2b and b2c marketplaces. B2b marketplace will allow scientists, developers and technology entrepreneurs to exchange software, hardware and datasets to create, test and prepare for the market their own solutions much quicker and more cost-effectively than they can do independently. The B2C part will be an e-store where end-users can acquire devices, applications, training programs etc. for their personal use.

Nik Sviridov , CEO Basis Neuro in ‘TechTalks” with MarketMongers revealed much about Basis Neuro.

Rama: How Basis Neuro is neurofuture for all ?

Nik Sviridov: High technology does not come into the world by chance – their emergence is dictated by the natural development of man. Since the launch of the mass production of the first portable phone has passed a little more than 30 years and the device, that it is now, we could imagine only in our wildest fantasies.

The first computers were bought to impress the guests. Whether it is necessary to comment on their role in our lives today?

The neuro-interface has entered our world through medicine. The device “Cochlear Implant” was created in 1972 and is still relevant for people with poor hearing. Since then, technology has penetrated the game industry, control of objects and even in meditation. In China, neuro-assistants are actively used in large enterprises as an indicator of normal work capacity of employees. Meanwhile, medicine is still on the first place in terms of demanding opportunities and new technologies.

Rama: Who will be the Basis Neuro users and how will they gain benefit ?

Nik Sviridov: The main vector for us now is the game industry. In this we see a high potential for design, “fast” electronics, minimizing devices and achieving comfortable imperceptible user-device interaction.

First and foremost, these are cyber-athletes. With the help of “….” (gaming neuro-assistant from Basis Neuro), they will be able to constantly improve their skills, train their brains and reactions.

A device for neural monitoring is also ready – an indispensable assistant to professionals whose activities are associated with a high risk for other people, for example, air and railway dispatchers, etc.

And of course, we have a wheelchair with multifunctional mental control.

Rama – Kindly explain application of neuro interfaces.

Nik Sviridov – The first neuro interface is Stimoceiver, an electrode device that can be controlled wirelessly via FM radio. In the 1950s, Jose Delgado, a neurosurgeon at Yale University, tested it in the brain of a bull, and for the first time he changed the direction of the animal’s movement with the help of the NCI (neuro-computer interface).

In 1998, Philip Kennedy implemented the first neuro-interface to the person being inspected. It was the artist and musician Johnny Ray. Thinking or imagining the movements of the hands, Rei moved the cursor on the computer screen. In 1999, Jan Deng’s group at the University of California deciphered signals from the cat’s visual system and reproduced images perceived by her brain. By 2000, the Nicolelis group had created an NCI that reproduced the movement of a monkey during manipulation with the joystick. And in June 2004, the first “human-cyborg” Matthew Nagle received a full-featured neuro implant with a neuro interface from Cyberkinetics Inc.

But already now, the neuro-interfaces occupy niches in many scopes. And the first area is medicine. Neuro interfaces are used in neurological diagnostics. In addition, there are already devices NCI -neurofeedback, which contribute to the recovery of brain functions – the patient learns to control his mood on the basis of such feedback.

Another promising direction is neuro-prosthetics. When it is impossible to repair the damaged conductive nerves (проводящие нервы), for example, in a paralyzed limb, they can be replaced by electrodes that serve to carry signals to the muscles. Now, in addition to cochlear implants, there are already neuronal retinal implants that help to restore vision. In the future, such systems can be used to manipulate robots-“avatars”.

Games and devices of virtual reality are the second after the medical field of scopes of NCI. And here virtual robots-“avatars”, controlled by NCI, exist now.

In the technology of neuro-interfaces for a long time, there was a problem that was one of the main obstacles to full implementation in the market – it is the damage to the nerve tissue by the electrode. Nerves in the place of contact simply die over time. With the advent of non-invasive solutions, this problem simply ceased to exist – the necessary impulses are easily read from the surface of the head and transferred to the device in any convenient way.

Rama: How will the users gain access to basis neuro platform ?

Nik Sviridov: Access will be through the web interface on our website

Rama: How does the token function within the platform ?

Nik Sviridov : THE MOST IMPORTANT! Token owners will be able to exchange tokens for shares of the company in the future for profit and dividends.

Purchasers are users of devices, neural Basis Neuro platform developers, company partners (including the developers who have formulated their solutions for the market);
Users can purchase ready-made solutions and services of the neural Basis Neuro platform;
Developers can purchase SDK and White Label;
Partners can carry out mutual settlements with BNST tokens (as internal currency which can be purchased or earned with deals);
These transactions cover the full cost of goods and services and give a discount on their purchase, depending on the conditions of interaction;
Users get rewards in tokens for provision of their data when using ready-made solutions.

Rama: What makes team basis neuro unique ?

Nik Sviridov: The Basis Neuro Research Laboratory is a pioneer in the development of non-invasive neurotechnologies and neural interfaces. We have science experience in 10 years of experimental and theoretical work have resulted in dozens of publications, numerous software patents and, most importantly, working prototypes of devices on neuro-control. In our team is 8 persons who are care about sciencepart, developing platform, blockchain integration, finance and marketing.​​​​​​​

Rama: What is your roadmap post ICO ?

Nik Sviridov: The development of the multifunctional platform “Basis Neuro Platform”. Creating package solutions for B2B integration, including enterprises with dangerous professions. Integration with individual IoT devices. In the future, we plan to obtain a medical license for the use of neuro-interfaces in the treatment and rehabilitation of disorders of the brain and nervous system.

Rama:  With the increasing numbers of ICO scams, how can an ICO win trust of investors ?

Nik Sviridov:  First of all, those projects should be credible. who worked long before the ICO. This is an indicator that the company was not created to raise money from crypto investors, but to work.

For more than 10 years, our company has been working on a unique technology. The first mention in the media about us can be seen beginning in 2016. In addition, major partners such as Nvidia and the largest cyberstadion in Russia make it clear that they trust us because they checked and made sure of our potential.

Rama:  At last any significant advice you would like to give to  people who are planning their ICOs in near future ?

Nik Sviridov:  First you need to make a product, get major partners who will trust you, and then start an ICO. People should see that you are ready to go forward and achieve success.