Artificial Intelligence (AI) has been the subject of countless discussions in recent months. This comes as no surprise, considering the rapid development of the technology and its immense potential across various fields. It’s hard to find companies that haven’t considered incorporating AI in some capacity.
Now, decentralized technology has the potential to combine with AI, presenting unique and powerful use cases. This is precisely what yPredict aims to achieve, offering a range of features through its platform.
In the following paragraphs, we will delve into what yPredict is, highlight the features it provides, and provide details about its presale.
yPredict Brings AI to Crypto
yPredict is a blockchain-based platform that harnesses the potential of decentralized technology to offer a prediction market that is transparent and secure. Built on the Ethereum blockchain, the platform operates using the YPRED token as its native currency.
The primary objective of yPredict is to provide users with a decentralized alternative to traditional prediction markets by leveraging the capabilities of smart contracts. Users have the ability to create and participate in prediction markets covering a wide range of topics, spanning finance, politics, and sports.
Additionally, the platform introduces a distinctive feature known as “Social Trading,” enabling users to track and replicate the trades of the most successful traders on the platform.
Overall, yPredict strives to democratize the prediction market industry, granting users a transparent and decentralized means to engage in prediction trading.
The Main Features of yPredict
The yPredict.ai Market Predictions platform offers an open and accessible platform that provides free access to coin/securities price predictions. These predictions are generated using a combination of in-house developed predictive models and selected models from marketplace developers. The purpose of these free predictions is to showcase the diverse range of possibilities in analyzing price trends through AI/ML-driven tools on the yPredict platform.
The analytics platform incorporates various tools such as pattern recognition, sentiment analysis, indicator analysis, and transaction analysis. The yPredict Analytics platform follows a freemium pricing model, offering three membership levels: free, active, and pro trader.
Within the marketplace, developers have the opportunity to list the prediction results of their models as a subscription service, known as “Results as a Service.” Traders and investors can then subscribe to these models on a monthly basis, receiving real-time results through the yPredict platform.
This approach provides developers with a passive income stream, enabling them to focus on their passion for building AI/ML models without the need for active trading. Simultaneously, traders benefit from a wide selection of predictive models and have the flexibility to subscribe to those that align with their preferences.
Lastly, the yPredict Terminal serves as an advanced trading platform designed for sophisticated traders.
yPredict Also Has a DAO
The yPredict tokens are built on the Polygon blockchain, which offers a range of advantages including compatibility with Ethereum, scalability, security, and a positive developer experience. While other blockchain options may also offer similar features, the Polygon community has gained a reputation for being particularly inclusive and appealing to developers.
To maintain the value of each token as the community of holders expands, the YPRED tokens have a limited supply of 100 million.
The project also incorporates its own DAO (Decentralized Autonomous Organization). The listing and delisting of models on the marketplace are determined through a DAO model, where YPRED holders participate in voting to make decisions. This democratic approach ensures transparency and fairness in the decision-making process.
Furthermore, the implementation of the DAO Governance mechanism for developer’s model submissions helps yPredict uphold high analytical standards on the platform. This further enhances the platform’s attractiveness to traders, investors, and other developers who are seeking a reliable and trustworthy marketplace.
Check Out The yPredict Presale
🚀 Exciting news! 📈 yPredict ($YPRED) soars higher, raising nearly $2 million. 🙌
Amidst Bitcoin and Ethereum’s price movements, investors are turning to yPredict on Polygon for risk hedging. 📊yPredict is the world’s first all-in-one AI-powered analytics platform for… pic.twitter.com/CHgD7rH4oj
— yPredict.ai (@yPredict_ai) June 2, 2023
The yPredict presale is currently going on. In the current stage, the token is available at a price of $0.09. Subsequently, the token will be listed at a price of $0.12. It has already managed to raise nearly $2 million.
Out of the total token supply, 80% has been allocated to the presale, with 50% of those tokens becoming accessible during the token generation event. These tokens will be subject to a 6-week lock-in period and a 6-month vesting period.
Conclusion
Artificial Intelligence (AI) undoubtedly holds the key to the future, with massive investments pouring into this transformative technology. The convergence of AI and decentralized technology presents an immensely powerful combination, capitalizing on the opportune moment for their mutual support.
yPredict introduces a plethora of innovative features and use cases, positioning itself as one of the dark horses of 2023. This project has the potential to be a game-changer in the crypto market, offering a range of enticing features. It is highly recommended to take a close look at the presale, particularly as it is currently in its first stage.
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