AI-based blockchain platform yPredict smashes past $500,000 milestone
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AI is all the buzz right now, and it’s no surprise why. The technology has enormous potential – even more so when combined with blockchain technology. The combination of these two has the potential to truly revolutionize the world.
The team behind the yPredict project knows this and they have built one of the most compelling blockchain platforms on the market. The crypto community also sees this potential as they contributed heavily to the pre-sale, helping it smash the $500,000 milestone. We explain all about the project here.
Investors gravitate towards yPredict Presale
🔥 Join us $YPRED presale NOW for exclusive discounts💎📊
🔓Unlock premium trading tools and secure 140% return when listing with pre-sale price $0.05!🎉
⏰Time is running out:
✅$464K+ raised
✅<$500K left before price increase
✅The listing price rose to $0.12, almost 3 times as much as… pic.twitter.com/Q5KtyhCYY3— yPredict.ai (@yPredict_ai) 1 May 2023
Very few presales were able to raise funds quickly. The yPredict presale is one of the exceptions, with the YPRED token presale managing over $500,000 in a very short time.
The pre-sale for yPredict has already started and consists of a total of 8 stages, with each stage witnessing an increase in token prices and varying token availability. Currently the token is valued at $0.05 and in the next step the price will increase to $0.07. Ultimately, the token will be listed at a value of $0.12.
Of the total token supply, 80% is reserved for the presale, and 50% is available during the token generation event. A commitment period of 6 weeks and accrual over a duration of 6 months will also be implemented.
What exactly is yPredict?
By utilizing the potential of blockchain technology, yPredict is a decentralized platform that ensures a transparent and secure prediction market. The platform is constructed on top of the Ethereum blockchain and operates on the YPRED token.
By exploiting the possibilities of smart contracts, yPredict wants to present users with an alternative to conventional prediction markets that are decentralized. Participants can create and engage in prediction markets covering various fields such as finance, politics and sports.
Moreover, yPredict offers an exceptional feature called “Social Trading” which enables users to track and duplicate trades executed by highly skilled traders on the platform.
The main goal of yPredict is to democratize the prediction market sector by providing users with an open and decentralized method to participate in prediction trading, characterized by transparency and fairness.
The features offered
yPredict has four main products:
- Market predictions
- Analytics dashboard
- Marketplace
- Terminal
The yPredict.ai Market Predictions platform is an accessible and inclusive platform that provides free access to coin/security price predictions. These forecasts are generated through a combination of in-house developed predictive models and selected third-party developer models. The main objective of offering these free predictions is to showcase the capabilities of AI/ML powered tools to analyze price trends on the yPredict platform.
The analysis platform includes functions such as pattern recognition, sentiment analysis, indicator analysis and transaction analysis. The yPredict Analytics platform operates on a freemium pricing model, offering three membership levels: free, active and pro trader.
The marketplace allows developers to offer the model’s prediction results as a subscription service, known as “Results as a Service.” Investors and traders can then subscribe to these models on a monthly basis, and receive instant results via the yPredict platform.
This strategy enables developers to achieve a passive income stream while concentrating on their core business of constructing AI/ML models without the requirement to engage in trading operations. At the same time, traders can choose from a wide range of predictive models and subscribe to those that match their preferences. Finally, yPredict Terminal is a sophisticated trading platform tailored for advanced traders.
Other things to look forward to
Operating on the Polygon blockchain, yPredict tokens offer several benefits, such as compatibility with Ethereum, scalability, security, and an overall positive experience for developers. While other blockchain alternatives may also present some or all of these benefits, the Polygon community is known for its inclusiveness and attractiveness to developers.
In order to maintain a reasonable value for each token over time, given the growing number of holders, the YPRED tokens are limited to a supply of 100 million.
The project also has its DAO. The listing and removal of models on the marketplace is determined by a DAO model where YPRED holders can cast their votes to determine the outcome. This democratic approach ensures transparency and fairness in the decision-making process.
Furthermore, integrating the DAO governance mechanism for developers’ model submission enables yPredict to maintain high analytical standards on the platform, increasing its appeal to traders, investors and other developers seeking a reliable and trustworthy marketplace.
AI and Blockchain are a knockout combination
The future undoubtedly belongs to AI, as evidenced by the huge investments pouring into this technology. The convergence of AI and decentralized technology has enormous potential, and the time is ripe for these two domains to collaborate.
yPredict has several innovative features and use cases, making it a promising project with a wealth of possibilities. As a dark horse in 2023, the platform has the potential to become a game-changer in the crypto market. The pre-sale, which is currently in its first phase, presents a valuable opportunity worth exploring.
Check out yPredict
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
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