What does the company/project do?
The Kambria platform is directed at building innovation in the robotics industry. The platform is managed by KI which stands for Kambria International. The objective of the team is to decrease costs and to accelerate innovation in the robotics industry by leveraging rewards for cooperation among developers.
The platform counts with two principal stakeholders. On one hand the developers are supposed to contribute to the Kambria ecosystem. On the other companies can use the platform to develop robotic solutions and provide their products to end users. Eventually the Kambria platform may be used for technology innovation that goes beyond robotics.
What are the tokens used for and how can the token value appreciate?
The Kambria token will be called KAT and will be used for interactions on the Kambria platform. KAT is a native ERC20 utility token that is issued by KI. Companies that submit bounties on the Kambria marketplace will stake KAT in a smart contract which later on will be rewarded to the developers once the task is completed. KAT will also be used for access and payments on the Manufacturing Alliance. Furthermore whenever value is captured in the Kambria ecosystem payments are supposed to occur in KAT and thereafter distributed to contributors via smart contracts. Contributors who hold a minimum amount of KAT tokens will receive various perks and benefits from the Kambria ecosystem.
How advanced is the project?
The founders of Kambria are also the co-founders of the robotics start up OhmniLabs, which develops a bunch of robots that among other things enable seniors to connect to their families. The project got featured in international mainstream media such as the New York Times or CNBC. Additionally it received broad coverage in a number of tech news. The founders of OhmniLabs are granting KI a royalty-free license of critical components of their Ohmni robot.
Kambria has around 12,000 followers on Twitter and runs a regular blog on Medium. Among the investors of Kambria are Dragon Capital, Bitzantin and #Hashed. The beta release of the Kambria platform is planned for the third quarter of 2018. The full launch is expected to occur in the second quarter of 2019.
Thuc Vu is the founder and CEO of Kambria. He previously co-founded the robotics start up OhmniLabs with which he is still active. Additionally he worked as a research scientist and Assistant Professor at Vietnam National University. He already sold one of his previous startups to Google, where he kept working for several years as an engineer. He holds a PhD in Computer Science from Stanford University.
Jared Go is the co-founder of Kambria and co-founded OhmniLabs together with Thuc Vu. He previously worked as a software engineer at Microsoft and a CTO at Hobnob. He holds a PhD in Computer Science.
Tingxi Tan is the third co-founder of Kambria and also a co-founder at OhmniLabs. He holds a Master of Science from the University of Calgary and previously worked as a Research Associate.
The founding team is supported by a leadership team consisting of six people in the fields AI & Robotics, Marketing, Finance, Research and Partnerships. The advisory board of Kambria consists of nine advisors: Simon Seojoon Kim, from the VC firm Hashed, Loi Luu from Kyber Network, Roger Lim from Neo Global Capital, George Li from Wetrust, Long Vuong from Tomochain, Lily Sarafan from Home Care Assistance, Michelle Tsing from Robotics for Good, Daryl Burton from the healthcare sector, and Kenzi Wang from AU21.
The Kambria platform will provide a marketplace where companies may submit bounties for the development of robotic solutions. Companies may form part of the Manufacturing Alliance where manufacturers can share knowledge and resources. The Manufacturing Alliance will be initially led by OhmniLabs, the previous robotics start up of the Kambria founders. The Kambria platform is based on a modular architecture for building robots. A module is represented by a Git repository.
4. Strength and Opportunities
Among the investors of Kambria is the exchange KuCoin, which is one of the largest exchanges in Asia. This makes it likely that the Kambria token will be listed on KuCoin quickly which will provide a huge liquidity pool for the token.
The founding team has a solid previous track record in technology entrepreneurship and proven technical skills from world leading universities. Their previous product, the Ohmni robot, performed very successful in the consumer market. Furthermore, the founders won several internationally recognized awards and managed to attract broad media interest. The founders also have worked for the world’s leading software companies. Overall the founders seem capable of executing and implementing ground breaking technology in innovative industries.
5. Weaknesses and Threats
Given the concept and underlying idea of the project it may be possible to implement a similar approach without using blockchain technology. The founders may need to justify why they decided to create their own token and opted for leveraging blockchain technology for their innovation platform.
The OhmniLabs founders are making a bold move with Kambria platform. They want to take their already successful product one step further and put it into the center of their new distributed ledger based robotics innovation platform. Their previous experience and track record as well as their prominent supporters and investors provide a solid chance that their project will be groundbreaking.
* The information contained in this article is for education purpose only and not financial advice. Do your own research before making any investment decisions.