TIG (The Innovation Game) is a decentralized science project designed to accelerate algorithmic innovation. It uses a coordination protocol and proof of work to discover the most efficient algorithms for scientific problems. The project originated in 2012 with the goal of addressing the lack of open development and funding for scientific research. TIG aims to bring real utility to the world using blockchain technology and is an outlier in the crypto space. The network consists of supply side actors (benchmarkers and innovators) who submit and improve algorithms, and demand side actors (miners) who use the algorithms to mine and provide market signals. The Innovation Game (TIG) aims to discover the most efficient algorithmic solutions to scientific problems. TIG focuses on solving problems that are hard to solve but easy to verify. The selection of problems is done by a committee of scientists and domain experts. TIG currently has challenges in Boolean Satisfiability, Knapsack Problem, Capacitated Vehicle Routing, and Vector Search. These problems have applications in various industries, including hardware design verification, logistics optimization, and AI. TIG plans to add more challenges and aims to onboard several hundred more challenges over the next three to five years. The network captures the value it creates through IP licensing, using a dual licensing model. TIG offers an open data license for academics and open source enthusiasts and a commercial license for corporations. The commercial license fees are payable in TIG tokens, generating demand for the token. TIG's go-to-market strategy includes targeting universities, crypto and science societies, and leveraging industry connections. The roadmap includes transitioning to a layer one blockchain and adding a deposit requirement for benchmarkers. TIG aims to bring in more innovators, particularly from the academic world, by providing a tangible value that can fund their research.

Dr Fletcher's Twitter/X: https://x.com/dr_johnfletcher


Chapters:

00:00 Introduction to TIG
02:00 Proof of Work in TIG
03:26 Origin of TIG
11:08 TIG as an Outlier in Crypto
15:16 Role of Benchmarkers, Innovators, and Miners
18:07 Rewards for Innovators and Benchmarkers
24:06 Purpose of Proof of Work in TIG
26:03 Using Synthetic Problems in TIG
28:18 Discovering Efficient Algorithmic Solutions
29:39 Hardware and Algorithm Development
31:05 Challenges in Various Industries
34:22 Problem Selection and Importance
41:36 Capturing Value through IP Licensing
46:36 Go-to-Market Strategy and Onboarding Challenges
51:13 Roadmap: Transitioning to a Layer One Blockchain
53:33 Adding Deposit Requirement for Benchmarkers
55:19 Bringing in Innovators from the Academic World




Disclaimer:

This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.