Topic: [ANN] [ICO] [NMS] [byteball] {Crypto Intelligence as-a-service} - page 3. (Read 3331 times)

How will the user be alerted and can they pre-set the triggers for an alert?

It's a good idea . I think it would be a very good investment . But only if you guys get it on a good exchange like bittrex!

Thank you for answering my questions. Sounds like a really awesome project, certainly one that will bring value to our crypto community.
See you on telegram.

Q. Why we need a token rather than GBYTE ?
A. #. The one of the reason is, about funding. We can use GBYTE, when we have the platform ready. In that situation, it would be easy to accept GBYTE in fees. Which will take some time. We consider the token, "as trust" among the devs and the community members. With Initial Coin Offering, we are trying to say, "hey, please buy Nemesis tokens, thus help us out in building a great product". People, who think we are competent enough to create such product, will contribute. We can not use GBYTE, to raise funds, at this point of time.
     #. The circulation of the Nemesis tokens is governed by the Byteball network. If a user wants to use the bots/platform, s/he needs to get the tokens, for that s/he must setup a local Byteball wallet. For example: Even if the user is not aware of the Byteball platform. But because s/he is a crypto trader, so s/he adopts Nemesis Personal Bot. Because of that, they will come to know about the NMS tokens and hence about the Byteball. Therefore, if we succeed in our vision, we think that we might do some value addition to the Byteball adoption. It will try to get a different set of users to the Byteball platform. So, we can consider "Nemesis" name is another additional value associated with Byteball platform. This additional value will be, the value of our product. If we fail, we will be adding almost zero value to the Byteball platform.

Q. Will there be a signal bot on the Byteball wallet as well ?
A.  #. Yes, our plan is not to stick with the telegram platform only. We have slack bot, already in the roadmap. And we are now considering the bot for Byteball wallet as well (will be adding to the roadmap soon). We value the community inputs, hence every month we will release some features on community's demand.

We are completely open to discussion/change. You are welcome to join our community, on telegram :
t.me/joinchat/AbX3K0MOee_YoDf2pwUwLQ

I'm happy to learn that your project is using Byteball as your platform. Is there a reason why you need a token rather then GBYTE? Also, will there be a signal bot on the Byteball wallet as well or will notifications be exclusive to Telegram?
Thanks you!!

We do not have any slack channel yet. But you can join our community on telegram: t.me/joinchat/AbX3K0MOee_YoDf2pwUwLQ
We do not have any bounty champaign, apologies for that.

#. We are dealing only in crypto currency market.
#. We are relying on the machine intelligence only.
#. We have currently telegram bot only. Slack bot, web platform and mobile application are on the roadmap.
#. We are covering all the coins and derivatives listed on Bittrex exchange. More exchanges to come.
#. News/announcement from the official twitter accounts, of the top 300 market cap crypto currency, covered.
#. We have a crypto only product. We do not have any plans to enter other markets.
#. We provide the numbers in real-time (volume change, ask/bid/last price etc.).

#. Cindicator is having a great product. They have the public intelligence as well. They are dealing into stocks, commodities, currencies, etc. But we think, our vision and product are completely different from theirs. And if we look at the size of crypto market (which is increasing every day), we have equal opportunity to make a great crypto only product.

Where can i follow this project through slack and is there a bounty champaign program for this project ,,,?

Can you tell me what the difference between NMS and Cindicator ? I think you two are the same style project.

NEW UPDATE:

After long discussions, we have made some major changes to our offerings. Here are the
"Benefits​ ​ of​ ​ holding​ ​ Nemesis​ ​ (NMS)​ ​ tokens" (taken from the whitepaper):

● For Nemesis, exclusiveness, is the key to success. We want less number of users, in order to avoid becoming a variable in the market equation. This exclusiveness comes, in the​ ​ form​ ​ of​ ​ NMS​ ​ tokens.​ ​ If​ ​ you​ ​ hold​ ​ the​ ​ NMS,​ ​ you​ ​ will​ ​ get​ ​ profit​ ​ from​ ​ it.
● All the signals and other filtered data available on the platform, can be subscribed by paying NMS tokens. Users are free to choose the specific services, for specified time duration.​ ​ For​ ​ example,​ ​ any​ ​ user​ ​ can​ ​ subscribe​ ​ to​ ​ twitter​ ​ feeds​ ​ only​ ​ for​ ​ one​ ​ week.
● The uses can either choose to use the NMS tokens for subscribing our services or they have choice to hold the NMS tokens and get their reward every month. Users, who do not want to use the signals and the bots, have the choice of keeping their NMS tokens in their​ ​ wallet.
● Nemesis bots will start trading, on or before January 1st, 2018, with at least 10% of the amount raised in the ICO. The value generated by the bots will be distributed equally among all NMS holders. These trades will be completely automated and will include multiple major crypto exchanges. For example: if we raised 50 BTC equivalent value, in
ICO, we will start with 5 BTC for the first month. Each month, we will increase the investment, from the profit we have generated. Value/profit generated by the Nemesis bot​ ​ will​ ​ be​ ​ divided​ ​ into​ ​ 3 ​ ​ parts:
○ 20%​ ​ profit​ ​ goes​ ​ to​ ​ run​ ​ the​ ​ Nemesis​ ​ infrastructure​ ​ on​ ​ the​ ​ cloud.
○ 10%​ ​ profit​ ​ goes​ ​ to​ ​ next​ ​ month’s​ ​ investment.
○ 70%​ ​ will​ ​ be​ ​ distributed​ ​ among​ ​ all​ ​ the​ ​ NMS​ ​ token​ ​ holders.
● If our bot makes 20% profit on 5 BTC, that means we will buy the GBYTE with 1 BTC and distribute. At current rate, we will get 12 GBYTE with 1 BTC. Hence, in this situation, 2.4 GBYTE goes to the Nemesis infrastructure, 1.2 goes for the next month’s investment (which​ ​ will​ ​ become​ ​ 5.1​ ​ BTC)​ ​ and​ ​ rest​ ​ 8.4​ ​ GBYTE​ ​ will​ ​ be​ ​ distributed​ ​ among​ ​ the​ ​ users.
● Every month, we will take the snapshot of the Byteball DAG. Whoever is holding the NMS tokens will receive, some extra value by the airdrop. This value will be sent each month, in terms of GBYTE. In order to be eligible for airdrop, the users must keep at least​ ​ 1000​ ​ NMS​ ​ tokens​ ​ in​ ​ their​ ​ wallet.
● Some selected services, will always be available for free to use. Except these free of cost services, we will stop sending signals on the day ICO ends. The newly developed services will be available to only those, who are holding the NMS tokens (users, who participated​ ​ in​ ​ ICO).

#. Introduction
Blockchain technology and crypto-currency market is in it's very early state. Because of this (very early) nature of the market, comes the extreme volatility. It's really hard to find the relevant and accurate information. We need to comb through huge amount of data from different exchanges and social media, every day. It is a really painful process, especially for those, who are new to the market. It takes time, a lot it, in order to understand the market dynamics. Lack of the accurate information, we often lose huge benefits. There are several exchanges, with hundreds of crypto coins listed on them. The combination of these two, results in creating thousands of options for the trading community to keep track of.

We are here to solve this problem, by creating intelligent platform to analyse the data and bots to reach the masses, with more accurate information. More the information, we get, more the volatility of the market decreases for us. It is profitable for the new traders, as well as old ones. We are trying to reach the masses with the technology, which will eventually contribute to the crypto world in a long run. Easier to adopt tools are going to generate more value (in terms of social and economical) in the crypto market.  We are trying to change the world-view of crypto from mathematical perspective, by analysing the data in real-time and notifying the users with real numbers. We are trying to increase the efficiency of our users involved in crypto market, in order to help them making more informed decisions. We will monitor, all the exchanges, news and social media for you, round the clock.

#. Current Development { released version }

• Real-time updates.
• Get notifications on sudden change (increase or decrease) in volume and detect buy/sell walls. It is an interactive bot, where user can set the thresholds, for volume.
• Highly intelligent feed from the official twitter handles of the top 300 market cap coins. So that you do not miss the new releases/news/breakouts. Our algorithm will cut the noise for you.
• Get the direct link to that coin, with current bid, ask and last price.
• Covers, all the crypto coins and corresponding derivatives listed on Bittrex exchange.
• Supports Telegram platform for notifications.
• Three months of free to all subscription for the bots and upcoming platform.
• Scrapping the bids, asks order-books and market history, monitor the rate of change in volume, in real time. Just for day traders.
• Find out the volume current and previous volume skewness in bids/asks.

#. Vision/Roadmap summary
#. Upcoming version [ 1.0 ] (major) (September 2017)

• Full support for the Poloniex, Cryptopia and Binance exchanges.
• Data from the coinmarketcap, embedded in all alerts.
• Get notified, when exchange adds a new crypto currency.
• Bot for Slack users.  
• Some major performance optimizations.
• Full version of website release.
• Get notified, when there is any breakout.
• More advanced techniques for data collection and processing.
• Get listed on exchanges.

#. Third version [ 2.0 ] (major) (October 2017)

• Following trends on twitter/bitcointalk/telegram/reddit in crypto world and get the personalized recommendations directly into your Telegram and Slack account/channels.
• Additional exchanges: Kraken, GDAX, Yobit, HitBTC, Coinexchange, Liqui.
• The first version of recommendation engine. Which is an intelligent Machine learning implementation for data extraction from the exchange trollboxes, Bitcointalk, Facebook, Twitter and Reddit.
• Web-based dashboards, with custom tuning.
• Neural networks to process the information, for faster and better buy/sell decisions and monitoring the crypto market with more data and more advanced techniques. We are already gathering the data from the exchange and training our current algorithms.
• Develop the algorithms, to calculate the market indicators on the past collected data, for the future long term investment.
• API (for third parties) development.
• Mobile applications development.

#. Initial Coin Offering

Token Name                                           : Nemesis
Token Ticker                                           : NMS
Platform                                                 : Byteball (GBYTE)
Accepted Currency for the ICO                 : GBYTE, BTC, LTC, ETH
Total coins supply                                   : 100 million
Total number of coins for ICO                   : 100 million
Cost per coin                                          : 1 cent
Coins, forcefully captured by devs            : ZERO (In the name of future development)
ICO Date                                                : August 21th, 2017 at 0:00 UTC
ICO Duration                                          : 30 days
ICO Details : ICO Details : nemesis.codes/nemesis_ico_details.pdf

• The exact details of the ICO, like the wallet addresses and methods to contribute will be announced, on the day of ICO starting date. Please join our telegram community, for latest development.
• Why we have chose Byteball as the coin platform, is because its features, no other platforms provides. Many popular platforms are very congested due to ICOs. Byteball is faster, secure, user-friendly and connects the transactions using DAG (directed acyclic graphs). No mining, hence no heavy computation hardware needed.
• We believe that everyone in the market should have a fair chance to invest in, rather than only handful of people getting chance to invest in. Hence, we request the people, not to buy in very huge quantities (like a handful of people, buying the whole ICO). It’s up to one’s ethical and moral values. I think, it’s also not a good idea to limit the per user investment (which is technically, not possible).
• All the funding received in the ICO, will be only used for the future version upgrades and maintenance. It includes, getting some external help for the UI, website, mobile application development and marketing (if needed in future). We think that the product should speak for itself, rather than money speaks for it.

#. Our Philosophy

• The name “Nemesis”, is borrowed from the greek mythology. It stands for “the goddess of retribution”. We also feel the same. The existing system is rotten. It needs new system to replace it. Decentralized crypto-currencies are going to take over. We are really fascinated with the idea. We wanted to contribute, to the revolution. This is our way to retribute. We are underdogs. We learn everyday. Technology is our weapon. The market can be beaten.
• We are a, three computer science engineers' team, who believes that there is a spirit lives in the computer. Computers are not objects, but living beings. We are beginners in the blockchain technology and crypto world. In our opinion Bitcoin and other crypto currencies are trying to make our financial/economical systems more efficient and decentralized (more humane, in other words), with the help of computers. We believe that any entity/process in any system, should be rewarded only if, it makes any existing process (or create a new and better process) more efficient. Because, we humans always try to make more efficient processes for society, that's how we have evolved.
• We also believe, that we should take, only what we deserve. This is the reason, why we have decided not to go for unnecessary huge funding. Also, we are not holding any coins, so that we can not affect the market by suddenly dumping our holdings. We want to grow our product and hence the value associated with it, naturally out in the market. We want to evaluate ourselves first, in front of the community. We believe that our product must die, if it is of no use to the community/society/system.

           Skeptics are welcome. Thank you.

johnwick:
Telegram                : t.me/nemesis_NMS
GitHub                    : github.com/nemesisbot/nemesis
Whitepaper            : nemesis.codes/nemesis.pdf
 Join telegram bot : t.me/nemesis_signals_bot
Website                  : nemesis.codes
The ICO has already started.
ICO Details             : nemesis.codes/nemesis_ico_details.pdf
Twitter                    : twitter.com/bot_NMS
Email                       : [email protected]




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