Brief description about your startup
THEME- INNOVATIVE PRODUCT - AI BASED CARBON SEQUESTRATION DEVICE Problem Statement/ Gap Identified: Rising carbon dioxide levels and global warming. CLIMATE CHANGE/GLOBAL WARMING- It is clear that the world is in a need of large-scale action to be taken against pollution being generated on a daily basis and changing climate because of it leading to global warming, melting of glaciers and what not! :( INDUSTRIAL POLLUTION- CARBON RELEASE-A lot of pollutants- like Particulate matter (PM10 and PM2.5), CO, CO2, SO2 being released into the air from the industries without being filtered OXYGEN SHORTAGE IN PANDEMIC-Many people with COVID-19 have low levels of oxygen in their blood, even when they feel well. Low oxygen levels can be an early warning sign that medical care is needed. FARMERS LOW REVENUE-Despite the potential for productivity in the agricultural sector, low productivity in agriculture contributes to the difficulty and poverty among farmers. ALL THESE PROBLEMS HAVE ONE SOLUTION: We have tried to implement the phenomenon known as carbon sequestration (i.e removing carbon dioxide from the atmosphere )into a practical approach. SOLUTION Our Team Created the AI TREE, a green energy solution that captures and sequesters carbon from the atmosphere using algae. This device uses AI to optimize algae growth, carbon capture and algae output releases oxygen and superfood, produce biofuel, creating a product that is sustainable and efficient. How are WE solving the problem? Business model: Our initiative of this product is very sustainable as it would help every section of the society, from our farmers who would grow algae doubling their profit with respect to any crop they grow, then we will be using that algae in our product AI TREE and then supply this product to the urban areas like IT sectors, offices, hospitals, etc where the trees couldn't be planted or to the red category industries(having Pollution Index score of 60 and above), where we need carbon filtration due to pollutants directly being released and carbon tax which is been levied by the government recently. NOT REPLACING TREES”-The idea of the AI Tree Is not to Replace real trees, but to complement them in areas where Planting a forest would not be viable. Frameworks/Tools/Technologies – AI (Artificial Intelligence) The extent of Scalability/Usability-1 AI TREE = 400 REAL TREES ("AI TREE" is capable of producing oxygen via algae, which is equivalent to 400 real trees) WORKING PROTOTYPE VIDEO- https://drive.google.com/file/d/1ag35ce2S-EAchWtUIfqo_zaR8DbvcwAK/view?usp=sharing Why is it a right Solution? Super-boosted algae are 400 times more effective at capturing carbon than trees in the same unit area. Algae-based biomaterials have the potential to bring about a seismic shift in the way we think about our supply chains. As algae grow, it absorbs CO2 and light and creates biomass. This versatile material can have many uses, including carbon negative or neutral foods, fuels, fertilizers, pharmaceuticals, textiles, as well many more uses we have yet to discover. By using machine intelligence to constantly monitor and manage airflow, amount and type of light, available CO2, temperature, pH, bio density, and harvest cycles, we maintain perfect conditions for maximum carbon sequestration The AI TREE (Bioreactor) measures -1-Meter-by-1-Meter-by-2-Meter and is designed to fit in industrial areas, including offices and homes. Thankfully, Spirulina is great for the keto diet because it is an all-natural, plant-based way to get essential nutrients that can often be forgotten. In just 1 tsp, Californian Spirulina can provide magnesium, calcium, vitamin A (Beta-carotene), manganese, gamma-linolenic acid, chlorophyll, and more. Market Size Total Available Market (TAM)- $ 16.2 Billion Market Overview The global air purifier market was valued at USD 16.2 billion in 2020, and it is expected to reach USD 30 billion by 2027, registering a CAGR of more than 12% during the forecast period of 2022- 2027. Serviceable Available Market (SAM)-$ 12.4 Billion The global ketogenic diet market size was valued at USD 9.57 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027 Serviceable Obtainable Market (SOM)-$ 56 Million METHODOLOGY How does it work? Algae need three key elements to grow: carbon dioxide, light, and water. Algae have the best efficiency and capture capacity when receiving a steady stream of CO2, particularly via industrial heating, ventilation, air conditioning, etc. As algae consume CO2, they produce biomass. This biomass can then be harvested and processed to create fuel, oils, nutrient-rich high-protein food sources, fertilizers, plastics, cosmetics, and more. Few notable PRODUCT FEATURES: Custom CV enabled automated microscope to measure cell health Larger tube diameter for more efficient algae growth Solar power The conveyor pump system eases the strain on algae Full growth and maintenance web dashboard interface Data API for centralized retrieval of AI TREE data The device is based on a closed-system model, with every part of the growth process being tightly controlled and optimized with machine intelligence to maximize CO2 consumption. Progress- Currently we have developed a residential unit and we are in process of developing an industrial unit. Achievements- ● Ranked 1st among 700+ teams Across the World : Build a Better Tomorrow hosted by Hackerearth. ● Ranked 2nd among 5000+ teams Across the World : Rackathon hosted by Rakuten, JAPAN ● Ranked 3rd among 1300+ teams Across the World: Designing a Sustainable Future using ICTs hosted by TDRA Dubai and WSIS Forum 2022. ●Ranked 3rd among 1000+ teams Across the World : Ideathon 2.0 hosted by Kalinga University. ● Ranked among Top 5 teams All over India : Hack Of PI , hosted by PAN IIT Alumni Association among 535+ teams. ● Ranked 3rd among teams Across all IITs: iS3:iDeathon on Sustainable Smart Systems hosted by ACM Student Chapter IIT Jodhpur. Roadmap for next 3 to 6 months -We will basically start developing our industrial unit by identifying the design type and need of our product in industries. We would also need to work on our technical aspect as to how to improve the existing residential unit and improve its AI-based functionality and also include the same in the industrial unit. We would also have to look forward to our target audience especially in the urban areas where planting trees couldn't be possible and increasing our reach through advertising and social media marketing in order to launch our product to the market. CONCLUSION : There are some facts to prove why only algae AND AI TREE and WHAT'S THE DIFFERENCE BETWEEN AI TREE AND REAL TREES? About 28% of the oxygen is generated by the trees in the rainforest while 70% is produced by the Marine plants. Tree of 50 cm diameter and approximate height of 30-40 meters, produces roughly 123 grams or 92 liters of pure oxygen a day, providing the average human with 14% of his or her daily requirement. So in the near future, we would have an extreme oxygen shortage, and in order to cater daily oxygen requirement by humans, it would be very necessary as AI TREE is equivalent to 400 real trees. Societal Impact / Novelty Our product is sustainable at every stage - from growing algae- to engaging 50+ farmers and increasing their profit, since algae(chlorella Vulgaris) is a Marine plant contributing to about 70% of the oxygen on earth, to developing ai tree - meeting with 28% of the oxygen(which was earlier from trees), removing pollutants from the atmosphere and developing smart homes in which all the electricity supply comes from biofuel, our by product - spirulina. FUTURE PROSPECTS: WHAT EXACTLY ARE AI HOMES? Taking our product "AI tree" to a broader perspective, We are trying to develop sustainable homes or NET 0 ENERGY BUILDINGS meaning the total amount of energy used by the building on an annual basis is equal to the amount of renewable energy created on the site itself like electricity production through biofuel fresh clear air Spirulina is a popular dietary supplement and ingredient made from blue-green algae, like it's basically a by-product formed as a result of photosynthesis, which is incredibly healthy
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