Topic: Would you use an AI (IBM Watson) powered ICO investment advisor? (Read 608 times)
Hey Yuuto, thanks for your reply! Indeed and I actually think that Watson wouldn't be able to measure the quality of a project. Hence we started by actually measuring the hype by analysing news and forums (from pre ICO periods) of top performing ICOs and we compare it with bad ICOs. With a first dataset and very first criteria analysed in 24h, we reach a 54% accuracy of differentiating good from the bad on 40 ICOs. Still a lot of work to do!!
October 24, 2017, 04:19:02 AM
If it can make accurate predictions then definitely.
However I doubt that your AI is going to be able to take in all the variables that are present in ICO mining. The thing about ICOs is that it's not really about whether or not the project has a good idea behind it or not but rather how much hype.
But if it can predict with even 60% accuracy to separate good from the bad, then i'd definitely go for it.
However I doubt that your AI is going to be able to take in all the variables that are present in ICO mining. The thing about ICOs is that it's not really about whether or not the project has a good idea behind it or not but rather how much hype.
But if it can predict with even 60% accuracy to separate good from the bad, then i'd definitely go for it.
October 24, 2017, 04:10:31 AM
Hey SamboNZ, this won't be a coin or token, no ICO planned. It is just a prediction tool to help decide whether an ICO is worth it or not.
October 24, 2017, 03:46:51 AM
amazing 
looking forward to 
I wish U good luck on hackaton
looking forward to I wish U good luck on hackaton October 24, 2017, 03:18:18 AM
At the end of the hackaton, I will share mockups and some test results 
October 24, 2017, 02:49:49 AM
Amazing idea 
, but I think IBM Watson sucks... Anyway I am really excited about the idea, looks amazingly good, we will see results. Is it possible to share more information? PLS keep posting informations, and DO NOT stop after hackaton and keep working. I can't wait to invest my BTC into some good ICOs
, but I think IBM Watson sucks... Anyway I am really excited about the idea, looks amazingly good, we will see results. Is it possible to share more information? PLS keep posting informations, and DO NOT stop after hackaton and keep working. I can't wait to invest my BTC into some good ICOs October 24, 2017, 02:41:11 AM
Sounds interesting, if you have enough large database of all ICOs in detail it could generate some exciting outcomes - perhaps see some helpful paterns. Good luck and keep us posted. Thx.
October 24, 2017, 02:27:38 AM
Hello Everyone
We are at an IBM Hackaton and we have this idea of using IBM Watson to evaluate the potential of upcoming ICOs. We call it Nicola. We are not promoting it but just looking for a community validation
It is super hard for many average investors to just find a way to evaluate any ICO, and those rating websites out there are pretty crap. Decision is then based on: 1/ feelings for small investors that don't spend too much time on analysis or 2/ a very long time consuming analysis of information available which not many (small) investors can afford.
Therefore we want to simplify this process using AI. We source and analyse a wide variety of historic data (news, forums, ico structure, white paper, team relations...) from the pre-ICOs periods of top performing ICOs to date (best ROI a month after being traded on exchange platforms) and we understand what characteristics a successful ICO has to have. Then we do the same analysis with upcoming ICOs to give an evaluation and chance of success compared to these top performing ICOs.
Since the research is only done once for an ICO but the results could be shown to many users (with later on adjusting the results depending on user's investment preferences), a small fee could be charged per request or per subscription to Nicola.
Validation is key in a hackaton and we just would like direct feedback if it would be something you could use if it proves to be working/successful? If it sounds interesting, validation for us is done by gathering emails from the community to show people would be interested in getting updates: https://nicolaai.wixsite.com/nicola Thanks to the community!
We are at an IBM Hackaton and we have this idea of using IBM Watson to evaluate the potential of upcoming ICOs. We call it Nicola. We are not promoting it but just looking for a community validation
It is super hard for many average investors to just find a way to evaluate any ICO, and those rating websites out there are pretty crap. Decision is then based on: 1/ feelings for small investors that don't spend too much time on analysis or 2/ a very long time consuming analysis of information available which not many (small) investors can afford.
Therefore we want to simplify this process using AI. We source and analyse a wide variety of historic data (news, forums, ico structure, white paper, team relations...) from the pre-ICOs periods of top performing ICOs to date (best ROI a month after being traded on exchange platforms) and we understand what characteristics a successful ICO has to have. Then we do the same analysis with upcoming ICOs to give an evaluation and chance of success compared to these top performing ICOs.
Since the research is only done once for an ICO but the results could be shown to many users (with later on adjusting the results depending on user's investment preferences), a small fee could be charged per request or per subscription to Nicola.
Validation is key in a hackaton and we just would like direct feedback if it would be something you could use if it proves to be working/successful? If it sounds interesting, validation for us is done by gathering emails from the community to show people would be interested in getting updates: https://nicolaai.wixsite.com/nicola Thanks to the community!
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