why the ICO when all there is for the coin's cause is to predict the market. why does he need to have an ICO for that?
and he needs $100,000 for that? this is a bullshit scam. OP could have been one of the dev that had also scammed people here through ICO.
Are you able to predict markets yourself?
Certainly that we are able to do so, in the end it is only choice of mathematical models and apply them to a scenario.
The responsiveness of the model used compared with the trend determines the accuracy.
We are asking an incentive through crowdfunding because we would like to go further and equip ourselves with the tools (hardware and team) in order to save forecasts provided by users in blockchain and build an index that you can "fix" or supplement pillar.
By the time we would like to set up a machine learning system capable of projecting at least all possible market developments.
It 'clear that in any case the choice of the forecast depends always and only by the trader.
We are not magicians or shamans, we are just a group of people who consider themselves capable of being able to process large amounts of data in an efficient and useful way.
If not, why do you think doing it is such an easy task, so they can implement it without being funded?
This is not actually a "coin", this is a token for using the platform (as far as I understand), and this ICO is actually a platform crowdfunding. The term "ICO" is misleading here.
That's correct its just a way to pay a service actually, but bequote would be another way to use the token as well, it will be the system that allow users to get awarded for their corrected predictions.
Another question is - how elaborate the predictions will be? Will they be precise, or will be just like weather forecast - mostly random. Unfortunately we have no chance to know, and this makes me unsure.
There is another offer of this kind - a token called Santiment. It had Pre-ICO very recently, and reached the maximum target in about 3 hours! But those guys are more known, and they had a more clear concept regarding on what the predictions will be based of.
We had assessed to develop the token with Ethereum, we have a clear vision of santiment and do the best wishes of success to the developers, which, paradoxically, we do not feel as competitors, rather, we are happy to have someone to compare ourselves to improve our analysis.
That said, Ethereum does not convince us, the contracts of Ethereum have given proof of their vulnerability, besides the fact that it is still necessary to give confidence to a third party (oracles).
The concept of smart contracts assumes that those who use them must trust those who wrote the contract, and any third party.
We believe that the blockchain BTC albeit limited, so allowing data historicizing safe (op_return) we present this technology albeit embryonic, good and reliable.
No random data, only seasonal real data aggregated with our models.
You should wait for the "white paper" thing, most of our work will be explained there.