neutaro
White Paper

Frequently asked questions

Reclaim the worlds information. Ignite your power.

Big Tech owns 95% of the search market. They control it all. The information we consume, the tools that shape societies’ beliefs, and the persuasion that benefits their bottom line. You are their product. They monetize your data and personal information. Timpi puts people back in charge by democratizing information. 

Timpi is the world’s first completely decentralized search engine and web index. Your data and privacy are protected and can’t be accessed without your approval. Our platform delivers freedom and unbiased access to information. We’re powered and governed by you, for you.  

Access to unbiased information on the web, reclaiming Privacy rights, Community governance, and integrating Web3.0 and decentralized systems into the traditional business models. 

  • We believe that people should have access to unbiased information without having to sacrifice personal data. The data we are shown should be based on actual website content. 
  • We also believe that community participation is the key to success.  

There are 3 core components to the Timpi infrastructure:  

  • Collectors: The decentralized “workers” are run by the community and crawl the internet discovering publicly available webpages.  The Collector works on any system, does not need a static IP address or any open ports. It is completely invisible and segregated from the frontend search service via the GeoCore. That way, Timpi can ensure that the Collector’s security is not compromised by running our software. A user can also control how much of their system resources are used.  
  • Guardians: Guardians are our distributed storage hubs run by the community. These are required to store the vast amount of data collected from the approx. 1.7 billion websites. This is increasing at a rate of 250,000 new sites a day.   
  • GeoCore: The GeoCore Node fulfills three primary roles. 
    1. First, it separates the Timpi network from the search users, meaning at no point is it possible for an attacker to compromise a Collector or Guardian Node.  
    2. The second role is handling and coordinating search requests from the web server. The GeoCore determines whether the request can be served from the local cache or sent to the Information Broker, which coordinates the Guardian connections.  
    3. The third role is the request analysis in terms of the search term, spelling, word vector analysis, historical behavior synonym analysis, and lexical synonym analysis.  
    4. GeoCore Nodes are spread worldwide to ensure all requests are served fast and accurately.
  • Reviewers : Timpi holders who also hold a reviewer NFT will be rewarded in the Timpi token for their honest reviews. A Percentage of revenue will be allocated for review rewards and paid out based on the number of valid reviews. The  
  • Collectors : Collectors will be rewarded in Timpi tokens based on the number of websites they crawl. A percentage of revenue will be allocated and distributed to all collectors for that period.  
  • Guardians : Guardians will be rewarded in Timpi tokens based on the amount of database space they allocate. A Percentage of revenue will be allocated and distributed to all Guardians for that period.  
  • The software itself is independent of the blockchain and can run on nearly any system making user adoption as easy as possible.   
  • Timpi is not just about developing a search engine, we are on a mission to bring unbiased data to the world and there are many forms this can come through.  Google has a search engine, but also e-mail, YouTube, and many other services – all are based on how we receive information and each are plagued with either big tech bias or serious privacy challenges.  
  • We want to be able to build an ecosystem to support our overarching missing and we can’t do this alone, there is strength in the community but there is also strength in building partnerships with projects providing alternatives to YouTube, Gmail, and google doc, who have a similar philosophy. Imagine an ecosystem of projects all passionate about reclaiming big tech bias and making a dent in their monopoly   
  • Having our own layer 1 enables us to provide this launchpad. 
  • Cost of transaction. There will be zero cost for Timpi to complete the transactions, other than the cost of operations. This will significantly reduce the overall cost to Timpi and improve the bottom line, ultimately resulting in more tokens that we can reward our network with. 
  • Cost of minting. Timpi will be utilizing NFT’s throughout its ecosystem and there will be huge volumes of NFTs being minted. Having our own network will mean that we will not have the the cost of minting these NFT’s.  
  • Cross chain gas fees. We will use some of the savings we make from transaction fees to run gas stations on the Kadena Network.  
  •  

Timpi will be working with Kadena for Settlements and Gas Stations 

  • Through our initial assessment of possible networks to partner with, Ethereum 2.0 at the time was the right choice for us, however we also recognized the significant dependency on their 2.0 launch, which had been delayed. In part to mitigate this risk, we decided to move forward with our own layer 1 solution, which would also open up endless opportunities to partner with other likeminded projects.  
  • With the volumes we are now forecasting and the costs of transactions on Ethereum, both Timpi and its community would be negatively impacted by higher operating costs resulting in lower community rewards.  
  • Timpi is also developing a utility around NFT’s and being on Ethereum would have limited our opportunities in this space.   
  • The challenges of a DAO are diverse but so are the benefits. However, with the European MiCAR (Markets in Crypto-assets) Regulation, it is uncertain that a DAO can even pass these regulations. MiCAR provides a sound legal framework for crypto-asset markets to develop within the EU by clearly defining the regulatory treatment of crypto-assets that are not covered by existing financial services legislation.  
  • A DAO is not a legal structure in the view of the European Union and might not be able to enter the EU market (that includes being listed on DEX or CEX). We can’t ignore the EU as it is the 3rd largest economy in the world and very important for Timpi’s success.  
  • Timpi will introduce TAG, the Timpi Autonomous Government  

In essence, TAG has a similar structure to a DAO with the difference that there is a registered business attached to it. The community and Timpi share the governance of Timpi and every Timpi token holder can create proposals to change, add, or remove anything.  

  • Items that would drive the future of Timpi such as products, services and policies.  
  • The TAG would not be used as a mechanism to decide on specific ethical content decisions or how we manage false information. 
  • Our initial approach to decentralization was through the network of local systems and individual computers.  
  • Our entry criteria to participate is very low, you just need your computer and to download our app, this doesn’t change with the introduction of our Layer 1  
  • Big Tech owns 95% of the search market, through Web3 technology there is an opportunity to disrupt the search engine norm.  
  • Innovation and competition in the web3 search engine space is important as we all try to tackle freedom of information, decentralization, privacy and community involvement whilst collectively trying to make a dent in big tech’s dominance. Web3 search engines are pioneers in a developing market whose collective agenda is to chip away and reduce our dependence on traditional big tech dominance. 

It’s great to see advancements in search engine technology; AI certainly has a key role to play in the future of the industry. There are a few things that we should note however when discussing AI in the Search Engine industry:

    • AI will not replace Search Engines; they will accompany a traditional search engine to offer a different way of searching.
    • Timpi already uses AI within its search engine to do things like understanding what the user is looking for.
    • AI is obviously a big topic at the moment with the release of chat GPT, and I can say that Timpi will be using AI to offer the same functionality as chat GPT. We are currently testing this type of functionality. We can’t give dates on when this will be available, but I can say for certain that it will happen.
  • We will be releasing our NFT’s that will give you access to run and receive rewards for the Collector, Guardian, and GeoCore. These will go on sale before August this year.
  • If you want to participate in our beta program, you can download and run our collector node application now. If you are interested, please go onto our Discord where you can find more information on how to do this.

We are still planning to release onto Kadena, but we need to ensure that the IBC bridge is in place before we do this. Unfortunately, this is unlikely to be at TGE. All first-round participants will be able to swap their allocation onto the Timpi Chain at TGE.

 

Yes, we are going to be multi-chain, that has always been the plan and that has not changed. We want to grow an ecosystem that brings together projects from all chains.

The circulating Market Cap (MC) at the start of the ICO will be 4.6m. The MC at the end of the ICO will depend on the demand that we have for each of the rounds. At the start of the ICO, the first allocation will be priced at 12.5c. Once that allocation has been taken, the price will increase for the next allocation by 2% and we will keep on going until we either sell out or we reach the 14th of August.

 

The tokens for the first round (KDA IDO) will be released at TGE and for subsequent rounds there will be vesting periods (counted from TGE).

Yes, the token will be released onto centralized exchanges. We are in ongoing discussions with exchanges and plan to TGE through a centralized exchange in September. I can’t say which centralized exchange it will be, but as soon as we have agreed contracts, we will certainly let the community know.

The first-round participants (KDA round) have an opportunity to purchase more tokens at a reduced price before the public ICO. However, they will need to Whitelist even if they have participated in the first round if they want to participate in this new round. We are going to make this available very soon and we currently have a Whitelist for this. If you’d like to participate, please fill out the Whitelist form below:

https://timpi.io/whitelist-application-form/

Democratizing the worlds information

Join our communities

Discord Twitter Youtube Telegram-plane Linkedin

Copyright © 2023 Timpi Inc. 

All rights reserved.

Our Partners

Latest updates