AI is all everyone is talking about right now and it’s no surprise why. The technology has enormous potential – even more so when it is combined with blockchain tech. 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 sees this potential too as they have contributed greatly to the presale, helping it smash past the $500K milestone. We explain all about the project here.
Investors are Gravitating Towards The yPredict Presale
🔥Join the $YPRED presale NOW for exclusive discounts💎📊
🔓Unlock premium trading tools & secure a 140% return at listing with presale price $0.05!🎉
⏰Time's running out:
✅$464K+ raised
✅<$500K left before price increase
✅Listing price soared to $0.12, almost 3x the… pic.twitter.com/Q5KtyhCYY3— yPredict.ai (@yPredict_ai) May 1, 2023
Very few presales managed to raise funds in a quick manner. The yPredict presale is one of the exceptions, with the presale for the YPRED token managing over $500,000 in a very short span of time.
The presale for yPredict has already commenced and consists of a total of 8 stages, with each stage witnessing a rise in token prices and varying token availability. At present, the token is valued at $0.05, and in the next stage, 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% has been reserved for the presale, with 50% being accessible during the token generation event. A lock-in period of 6 weeks and vesting over a duration of 6 months will also be implemented.
What Exactly is yPredict?
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 leveraging the capabilities of smart contracts, yPredict aspires to present users with an alternative to conventional prediction markets that is decentralized. Participants can create and engage in prediction markets covering diverse fields such as finance, politics, and sports.
Moreover, yPredict offers an exceptional feature called “Social Trading” that enables users to track and duplicate trades performed by highly skilled traders on the platform.
The primary goal of yPredict is to democratize the prediction market sector by providing users with an open and decentralized method of engaging in prediction trading, characterized by transparency and fairness.
The Features on Offer
yPredict has four main products:
- Market predictions
- Analytics dashboard
- Marketplace
- Terminal
yPredict.ai Market Predictions platform is an accessible and inclusive platform that provides complimentary access to coin/securities price predictions. These forecasts are generated through a combination of in-house developed predictive models and selected third-party developer models. The primary objective of providing these free predictions is to showcase the capabilities of AI/ML-driven tools in analyzing price trends on the yPredict platform.
The analytics platform encompasses features such as pattern recognition, sentiment analysis, indicator analysis, and transaction analysis. The yPredict Analytics platform operates on a freemium pricing model, offering three levels of membership: free, active, and pro trader.
The marketplace permits developers to offer their model’s prediction outcomes as a subscription service, known as “Results as a Service.” Investors and traders can then subscribe to these models on a monthly basis, receiving instantaneous results via the yPredict platform.
This strategy enables developers to obtain a passive income stream while concentrating on their core activity of constructing AI/ML models without the requirement to engage in trading operations. Concurrently, traders can select from an extensive range of predictive models and subscribe to those that align with their preferences. Finally, the yPredict Terminal is a sophisticated trading platform tailored towards advanced traders.
Other Things to Look Forward To
yPredict tokens operate on the Polygon blockchain, offering several advantages, 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 renowned for its inclusivity and attractiveness to developers.
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 features its DAO. The listing and delisting of models on the marketplace are determined by a DAO model where YPRED holders can cast their votes to decide the outcome. This democratic approach ensures transparency and equity in the decision-making process.
Furthermore, integrating the DAO Governance mechanism for developer’s model submission enables yPredict to uphold high analytical standards on the platform, enhancing its appeal to traders, investors, and other developers seeking a reliable and trustworthy marketplace.
AI and Blockchain is a Knockout Combo
The future undoubtedly belongs to AI, as evidenced by the massive amounts of investment flowing into this technology. The convergence of AI and decentralized tech holds enormous potential, and the time is ripe for these two domains to collaborate.
yPredict boasts several innovative features and use cases, making it a promising project with a plethora of capabilities. As a dark horse of 2023, the platform has the potential to become a game-changer in the crypto market. The presale, currently in its first stage, presents a valuable opportunity worth exploring.
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 those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
