Re: [ANN][ICO] FACETER – computer vision surveillance technology

The idea of the project is useful, but what will the developers of the project earn from? What will they profit from? This priority issue needs to be clarified first of all for investors

Hello! This is one of the easiest questions for the team, our earning prospective is very transparent: we are going to charge for the use of our service with surveillance cameras. Prices for corporate segment are calculated individually and depend on the number of cameras used and the workload (the number of recognized faces per unit of time).
Faceter solution for mass consumers, small businesses and ordinary people in particular, is going to be available at the 4th quater of 2018. The price will be affordable, so that everyone can use Faceter and payment will be the same as for any subscription (person selects tariff and the number of cameras and pays for it).

But you aren't allowed to install those cameras wherever you want right? You are going to sell those cameras equipped with your technology to whoever wants them, is that the business model?

This is the topic I am confused because. As the companies said they owned the surveillance system? So they are the one who will put the cameras or surveillance and also they will manage all the work.

They are not selling any hardware, Faceter transforms ordinary cameras into advanced security systems that understand whats going on with fast, accurate, and efficient facial detection and recognition. In other words, you will use only your ordinary camera and connect it to their surveillance system which will allow it to analyze your videos content in real time.