SUPERSET - SYSTEM THAT ALLOWS ANYONE TO CREATE SMART CONTRACTS USING PLAIN ENGLISH.

INTRODUCTION

Today, Investing in decentralized networks is increasingly taking place through crowdfunding and cryptocurrency ICOs. Yet, it is not easy for the average person or company to create a smart contract or raise funds from the cryptocurrency market. There are a couple of reasons for this. One of the most prominent reasons is the highly technical nature of cryptocurrencies and initial coin offerings.

In the present state of the cryptocurrency market, if you want to create a smart contract or ICO (initial coin offering), you have to know how to write software, audit your code, deploy it on to a test network, and then run it on the live network, which is not possible for everyone. Otherwise, you have to pay someone who knows the programming language of the smart contract to translate your ideas in to a smart contract, test it, and then deploy it on the blockchain (and hope that they have done it correctly and are trustworthy). This constrains the entire cryptocurrency market by preventing or reducing what people can build and bring to market.

Let me introduce SUPERSET, The Programmable money using plain English.

On this occasion, I will discuss the Superset platform, how it works, how Superset creates value for smart contractors, users, intermediaries, and developers in cryptocurrency and how the Superset model offers a distinct advantage in almost every other cryptocurrency product.

SUPERSET [ABOUT]

Superset is a system that allows anyone to create smart contracts using plain English. Multiple software systems running in the cloud make up the Superset system. Superset can work with smart contracts on any blockchain to store a critical part of the smart contract (like the smart contract’s text) on the blockchain. Superset can then read the data it needs from the blockchain to run the smart contract.

Superset runs its own smart contracts off the blockchain, and interacts with smart contracts on the blockchain while it’s running. The diagram below shows a high level view of the architecture of the Superset system.

Other languages will be supported in the future (Arabic, Spanish, Mandarin, Hindi). Users can create a smart contract by describing what occurs in the smart contract. Smart contracts can be publicly or privately published for other users of Superset to interact with.

Users can make their smart contracts free for all to use or set a licensing fee for using their smart contract. Private smart contracts can only be accessed by users that the publisher has invited to view the smart contract. Public smart contracts can be accessed by every user on the Superset system. By publishing a smart contract, other users can join the smart contract and interact with it.

Superset smart contracts can be self-terminating (“This contract expires on December 23, 2018 at 5:35pm GMT” or run forever. Users can interact with Superset smart contracts by sending files or crypto currencies to the smart contracts (which are converted to Superset tokens) on the Superset website or via the mobile app.

Superset will have another smart contract that runs a digital anonymous court system. Initially, the court system smart contract will just pick random jurors from the entire pool of Superset users that have a reputation score above a certain threshold , to arbitrate any smart contract disputes.

The court system smart contract will also debit the costs to compensate (and incentivize) the digital jury from the money sent to the smart contract.

Superset Flow

Here is a simplified flow of how Superset is used from the perspective of someone creating a smart contract:

A user wants to create a smart contract that does something (on the Superset website)
The user can select from a list of existing smart contracts already created or create a new one.
The user finalizes their smart contract and saves it.
The user can switch the unpublished smart contract to “Test” mode. The user can then simulate the actions (sending a cryptocurrency or file) that should occur when the contract is published and running live.
When the user is satisfied that smart contract works as they have envisioned it, they can switch off “Test” mode.
The user publishes the Superset smart contract to be publicly or privately visible to other Superset users.
The new smart contract is listed on the newsfeed of the Superset website. The newsfeed shows the most recent smart contracts that have been published (and not marked private) so that other users can participate in the smart contracts. The newsfeed will use a hot ranking algorithm like Reddit.com to choose the top items to display on the newsfeed.
Any other users that see a smart contract they are interested in on the newsfeed canclick the smart contract to start the process of joining it.
9 Any user on Superset can “like” or “dislike” a smart contract posted on the newsfeed. The highest voted Superset smart contracts (within some time period) on the newsfeed canbe viewed as well.
A user can send a cryptocurrency (Bitcoin, Ethereum, etc.) or file to the smart contract to join the smart contract. Any cryptocurrency received by Superset is converted to a SUPER token automatically. What’s sent to the smart contract depends on what the smart contract requires to initiate a user into the smart contract (some may require a file or cryptocurrency).
After the required currency or files are sent, and the smart contract’s terms are completed, the contract is finished and deactivated.

Computer Vision within a Superset Smart Contract

Superset includes the ability to leverage computer vision directly within a smart contract. This means that Superset is able to recognize people, places, objects, etc. within any files included or sent to a Superset smart contract.

Intra-Contract Computer Vision

Superset can be used to recognize objects within images or video while the Superset smart contract is still live and running. Imagine you want to create an image catalog of various types of trees sourced from Superset users. You could specify within the smart contract that the image must contain a tree.

Here is an example of how you could use this functionality. You could write a Superset smart contract that contains this text:

The publisher sends money to this contract.
A client sends an image file to this contract.
The image file has something with leaves, branches and roots.
When the publisher approves the image, the money is transferred to the client.

Now when the contract is active, you can send your money to the contract. If someone sends an image to the Superset smart contract, then Superset will automatically try to find a tree within the image. If it does find a tree in the image, then it notifies the publisher to acquire the publisher’s approval. Once the publisher approves, the client that sent the image is paid with SUPER tokens and the publisher will be able to access the image file within the Superset smart contract’s file repository.

Searching Over All Files Within a Contract

Imagine that you are researching all 435 members of the United States House of Representatives and need video and images of each member. You create a Superset smart contract that specifies that you will pay $1 for each video or image that contains a representative. After participants to the smart contract have sent all of the images and video to your Superset smart contract, the contract is closed. If you wanted to find all thei mages that contain representatives near a beach, you could search within the smart contract for “Show me any images or video with sand and water” to find all the relevant images/video they want.

Natural Language Processing within a Superset Smart Contract

Superset includes the ability to leverage natural language processing, directly within a smart contract. A Superset smart contract can refer to itself (self-referential search) within the smart contract.

A user could use Superset to recognize a document sent to smart contract that contains text about a man from Barcelona, Spain who traveled to Sydney, Australia to compete in the Olympics.

A publisher sends money to this contract.
A client sends an PDF file to this contract.
The PDF file mentions a man from Europe that flew to Australia for a sports competition.
When the publisher approves the image, the money is transferred to the client.

In the text of the Superset smart contract above, the publisher of the smart contract sends money to the contract. After that, a Superset user (client) can send a PDF file to the smart contract. The PDF file is only accepted if it has text within it that talks about John Smith from Barcelona, Spain who traveled to Sydney, Australia to compete in the Olympics.

Access Instagram, QuickBooks, Salesforce, etc. within a Superset Smart Contract

Superset has the ability to access external services like Instagram, QuickBooks, Google Drive, Google Docs/Sheets, Salesforce, Stripe, Gmail, Dropbox, etc. directly within a smart contract.

One example of how to utilize these services, is if you wanted to create a Superset smart contract that manages a quarterly sales campaign of your business. Assume you wanted to have new salesmen drive new customers to your website and for new customers to be entered in to your customer relationship management (CRM) system like Salesforce.

The user could create a smart contract for the quarterly sales campaign that has the following text:

A publisher transfers money to escrow.
A client sends the recipient an URL or a PDF file.
If the publisher approves the client, the client will be known as a salesman.
If a new client is added on Stripe, copy the customer information to SalesForce.
On the 1st of every month, pay each salesman $2500.
Terminate the contract after September 30, 2019.

In the text of the Superset smart contract above, the contract terms specify that the publisher of the contract should send money to the contract to be held in escrow. After that, if someone (a client) sends a URL or a PDF file to the smart contract then the publisher can approve the person. If the publisher’s Stripe.com account has a new customer added to it, then Superset can add the new customer to Salesforce. Each salesman is paid $2500 on the first day of each month.

As another example, imagine that an influencer wanted to leverage their Instagram feed by writing a Superset smart contract that details how they want to be paid and approve of the images used.

The user could create a smart contract that has the following text:

A publisher transfers money to escrow.
The client sends the recipient an image.
I f the publisher approves the image, the image is posted to the client’s Instagram and the escrow is transferred to the client
Terminate the contract after August 23, 2019

The publisher of the Superset smart contract will need to connect to each external service (Dropbox, etc.) referenced in the smart contract and authorize Superset to access them before publishing the smart contract.

Superset currently works with:

Superset Tokens

Superset will introduce a token (called the SUPER token) which will be used to run the entire superset system. Superset smart contracts will accept other cryptocurrencies but they will all be converted to SUPER tokens before the Superset smart contract uses the cryptocurrency. The SUPER tokens are held in an escrow account for the smart contract until the Superset smart contract transfers the tokens to one of the smart contract’s participants.

If the body of text of the Superset smart contract is not over a certain length of characters, then the text can be stored with a smart contract created on the blockchain. If the text of the Superset smart contract is over a certain amount, Superset can generate a SHA-256 hash code of the smart contract text and store the hash on the blockchain. A hashcode is a unique fingerprint of some data that changes if anything is changed within the text.

Superset can create and replace single use ICO platforms

Superset can completely replicate other ICO products within Superset. Superset is so powerful, it can be used to create single use ICOs, automated companies, and even build next generation versions of existing products that have already launched with ICOs raising millions of dollars (e.g.:www. SmartBillions.com, www.ConnectJob.io, www.Gems.org , www.Gitz.io, Verify.as, Variabl.io, BeeToken, www.Krios.io,etc. ).

A user could easily create a product like SmartBillions (a crypto lottery) by simply describing a smart contract that comprises a lottery and what percent of the funds are used for dividends and a jackpot.

The user could create a smart contract that has the following text:

All clients are known as the lottery players
A publisher transfers money to an escrow account named the lottery fund
Each client is assigned a unique identifier
14 days after the contract is created, do not accept any new clients
15 days after the contract is created, randomly select one lottery player and transfer 90% of the escrow to the lottery player.
Divvy up 10% of the escrow to all lottery players.

With just 6 lines of plain English, Superset can create a crypto lottery ICO similar to those that have raised millions of dollars. Superset can provide even more value to users, because they can customize crypto lotteries for schools, businesses, and cities that need more structure and variable allocations. All of this can be done with just a few more lines of plain English.

Crypto Court System

Superset will have the first community governed crypto court system that acts as the arbiters for smart contract disputes, an online decentralized court system that isn’t bound by traditional artificial barriers such as national jurisdictions or the borders of a single country.

In the event of a dispute for a particular Superset smart contract, either party can request arbitration through the Superset decentralized court system. Anyone can solve disputes between two parties by using the decentralized court system, a digital jurisdiction that operates only online and utilizes anonymous Superset users (acting as jurors) to resolve smart contract issues.

The arbitration process will work in a predictable manner. First, a pool of decentralized jurors will be randomly selected (users with a higher reputation score will only be selected). Once all jurors have confirmed their availability, all participants can submit any evidence and arguments they have. The jurors will review the evidence and each can vote on the outcome of the smart contract. Jurors will be given a small amount of compensation (taken from the smart contract money in escrow). If there is not enough money in escrow, both parties to the smart contract will have to send in enough money to start arbitration. 30 days before the Q1-Q2 release, more details on the digital court system will be posted.

Crypto Insurance

Because Superset can be used to write derivatives (across multiple crypto currencies), Superset can also be used to create insurance contracts.

An entire ecosystem can be constructed around some of Superset’s core smart contracts. If you imagine someone who creates a Superset smart contract to effectively raise money for a project, clients who contribute their money could also write a Superset smart contract to insure the project in case it failed. The possibilities of how someone could mix and modify everything Superset provides is endless.

In the future, a user could write a Superset smart contract to replicate a company like GEICO, or State Farm Insurance.

Ambiguity In Superset Smart Contracts

Language in general can be ambiguous at times as people decide to use very broad or narrow words to express themselves. Superset handles this in a number of ways:

The initial version of Superset will contain a number of pre-created Superset smart contracts. Users will be able to see how the smart contract terms are worded, and the overall structure of the contract terms so they become more familiar with how they work.
When the version of Superset is released allowing an user to write their own smart contract in plain english, the vocabulary of possible words anyone can use will be restricted initially.
Subsequent versions of Superset will automatically detect ambiguous language and notify the user or prevent the contract from being published until the identified ambiguity is resolved.

Team

The Superset team is composed of former engineers and product managers from Yahoo, Apple, Google and other startups. We bring years of experience in software engineering, entrepreneurship, and business development across many industries.

Token Sale

Total supply: 240,000,000 tokens

The public sale portion will be used to fund operations for Superset.

The Superset team will be on a 4-year vesting schedule. The Superset team will receive ¼ of their allocation 4 months after the end of the Public Sale. Every year thereafter, the team will receive 1/4 of their allocation until the 4-year vesting schedule is finished.

No one involved with Superset is exempt from this vesting schedule including founders and advisors.

Use of Funds

More than 95 percent of collected funds will be spent on engineering/development , marketing/business development, equipment, and bandwidth. The remaining amount will be allocated for offices, wages and legal services.

The image below shows a breakdown of the use of funds after the token sale.