The increasing buzz around artificial intelligence (AI) has led to the emergence of numerous crypto projects in this field. The AI popularity has benefited yPredict, a revolutionary AI-powered crypto trading and market intelligence platform that has hit a massive milestone in its fundraising efforts by raising more than $5 million.
The project’s presale has now entered its eighth stage, which sees the $YPRED token price rise from $0.11 to $0.12 per token at the end of the presale.
🚀 Exciting News in the Crypto Space! 🌐 Investors are buzzing around yPredict (YPRED) as its presale approaches the finish line, having raised a staggering $5 million! 📈🚀
🤖 yPredict is set to revolutionize crypto analytics, making advanced insights accessible to all traders… pic.twitter.com/P9nr3OGvmx
— yPredict.ai (@yPredict_ai) November 25, 2023
The institutional-grade AI-powered crypto price prediction system being built by yPredict is being touted as a game-changer for the trading industry. The presale of its native token YPRED is being used to raise money to fund its early development.
yPredict Project – an All-in-one AI-trading Ecosystem
yPredict is a new “cutting-edge crypto research and trading platform that provides traders and investors access to dozens of AI-powered signals, breakouts, pattern recognition, and social/news sentiment features”, according to the project’s Litepaper.
The platform’s technology was designed using state-of-art predictive models and data insights built by top 1% AI developers and quants. It offers a wide-range of trading and analytics tools such as real-time AI trading signals, sentimental analysis on popular coins, AI-powered technical analysis, and AI-detected chart pattern recognition, among others.
In addition, the yPredict.ai marketplace “will enable experts to earn recurring revenue by offering their model predictions or data research as trading signals, which traders and investors can subscribe to”.
According to the project’s whitepaper, yPredict plans to launch the full version of its Analytics, Repository and Marketplace platform by the end of 2023. With this, the platform is designed to hand market participants an unbeatable edge.
What sets yPredict apart from all other “AI” projects is that it allows “developers to sell subscriptions to their AI predictive models that provide trading signals to their users. These predictive models can process much more data than anyone could manually, providing traders with a competitive edge and enabling them to compete with institutional-grade bots.
In addition, the models are tested by the project’s decentralized autonomous organization (DAO) before they are released to the public, ensuring that all the predictive models on the platform are high-quality and profitable.
While there is much more to the platform, that has no been discussed here, it is important to note that the yPredict ecosystem is powered by its native token, $YPRED, which has a number of uses.
$YPRED – The Ultimate AI Utility Token
$YPRED is the network’s native token built on the Polygon blockchain meaning low gas fees and fast transactions. It is the economic backbone of yPredict’s revolutionary AI-powered trading platform.
Its supply is capped at 100 million tokens, and its numerous utilities will generate significant token demand, such as being used for staking and paying for subscriptions.
YPRED tokens are designed to empower, thrive and sustain the growth & economy of yPredict, an ecosystem of developers, quants, analysts and traders offering the following uses:
- Free access to the yPredict analytics platform to analyze coins using data-driven insights & metrics.
- Pay for predictive model subscriptions through the yPredict Marketplace.
- Get incentivized for DAO votes on the marketplace.
- Earn lucrative APYs by participating in staking. Unlike the majority of staking pools, it doesn’t have fixed liquidity from an allocated token supply. The Source of liquidity for these pools is 10% of each new user’s YPRED deposit which keeps APYs consistent.
At its core, it’s serving the needs of two primary participants in the yPredict ecosystem.
- Developers: It is used to incentivize developers to offer their predictive model on the platform. This creates a passive income opportunity for millions of AI/ML developers.
- Traders: Traders can use YPRED to purchase subscriptions to these predictive models listed on the platform and get real-time signals through these models. Additionally, Just buying into the YPRED token gives them free access to the yPredict Analytics platform and high APY staking reward pools.
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🔥 Earn up to 45% quarterly rewards with yPredict’s staking platform.
🛍️ Get discounts on yPredict features and lifetime access to prediction tools.
📊 A one-stop… pic.twitter.com/rrwDnDUw9d
— yPredict.ai (@yPredict_ai) November 9, 2023
80% of the total token supply of 100 million $YPRED tokens has been made available for the public presale. The other 20% of the tokens are allocated to liquidity (10%), treasury (5%) and development (5%).
With yPredict’s platform expected to perform exceedingly well in 2023 and beyond as AI adoption grows and with the crypto markets expected to enter the bull market, investors should move quickly to secure $YPRED tokens while they are still being offered at a discount.
Visit the yPredict project here to get more information on the presale and the project.
