Fees on Faceter Fog & first FACE burn

From the very beginning of our project, we envisioned Faceter Fog not only as an approachable, modern and affordable extension to video surveillance systems but also as a platform that allows equipment owners to earn money by providing facial recognition analytics of video streams for our customers. Faceter connects facial recognition consumers and specialized equipment owners who want to contribute their computing power to the global video analytics network.

At the end of 2019, we released CTP (Community Technology Preview) version of the Faceter Fog, where miners are able to connect their GPU servers in order to test the overall flow and get rewarded with FACE tokens.

Last three months we have been busy fixing a number of minor bugs in Fog Agent, improving the interface for camera owners, implementing browser push notifications, transaction details and more.

There is another major feature that was recently implemented on the platform — fees. These fees are taken and burned from payments between consumers and miners. The feature was rolled out two weeks ago and is being tested. During this time we had few active consumers onboard with the 12,000.00 FACE paid in total as fees which were successfully burned. This is a big milestone for Faceter Fog and we are really happy to share this news with you.

We make every effort to make sure that our project finds success. And right now it is very important for us to get feedback from as many testers as possible. These are our testers who are the pioneers laying the foundation for the development network of our project and launching the global burn of tokens. We know there is still plenty of work to do. That’s why your support is even more appreciated.

If you own equipment with these specifications*:

• RAM: at least 16 GB;
• CPU: Core i5–8xxx / equivalent or higher;
• Nvidia video card: GTX 1060 6Gb / equivalent or higher;
• Disk space: 200 GB + archive storage (depending on the camera bitrate and archive depth),

then download Faceter Fog Client, test it and earn FACE tokens today.

If you are an active video surveillance user, who wants to purchase face recognition services at affordable prices, download our application to your smartphone and register on our platform (for camera owners).

If you have any questions, you can always send us a message to support@faceter.io.

* the following minimum configurations are required for face recognition for 2 cameras