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MAGOS to launch fund managed with the aid of AI that can predict future routine with excessive accuracy
artificial Intelligence (AI) is sure to transform the area we are living in, as some believe that sooner or later we gained’t even ought to work anymore, as creation will be at an all-time high because of AI brokers. despite the fact that may also nonetheless be far away, AI has already managed to do some spectacular issues, corresponding to spotting melanoma in tissue slides more suitable than humans, anticipate fraudulent fee assaults before they occur, alternate shares, and even flag mistakes in felony documents.
as an example, OpenAI these days set out to test its AI via creating a Dota 2 bot. Dota 2 is a very advanced online game with thousands of feasible tricks – from faking attacks to force opponents to avert, to predicting the place an enemy can be in the dark. OpenAI’s agent discovered the game from scratch with the aid of self-play, and shortly ample grew to be good. So first rate, he beat the realm’s accurate gurus at 1v1 fits under average match suggestions.
AI’s unbelievable getting to know capabilities can be used within the cryptocurrency area, and that is exactly what MAGOS is doing, in the course of the introduction of a fund that is to be managed with the aid of AI with a highly correct forecasting capacity, and overseen by using its group of specialists.
MAGOS combines AI with blockchain know-how
With the use of blockchain know-how and Neural Networks, which essentially are application that simulates a organic brain with the aim of discovering and recognizing patterns in facts to, sooner or later, use equivalent patterns to foretell the effect of various hobbies, MAGOS is making a fund.
MAGOS is basically a complex, scalable model based on 5 Neural Networks that, working collectively, have the vigour to foretell the outcomes of a variety of pursuits with high accuracy, a whole lot superior than most individuals and techniques.
back in February, MAGOS all started a 4-month lengthy verify. a third-celebration web page that specializes in crowdsourcing sports picks to advance prediction analytics turned into used, and it showed that MAGOS held an side over the competition, with an overall ROI (Return on funding) of about 28%.
The device’s advanced forecasting potential will be applied to a considerable number of domains on dissimilar platforms, with a view to make a profit. it is going to at the start use sportsbooks and traditional prediction markets, but will sooner or later extend to decentralized Ethereum-primarily based prediction markets, integrating with projects like Augur, Gnosis, and Stox.
MAGOS’ token sale
MAGOS lately announced a token sale on the way to start on August 16, through which its magazine tokens will be distributed to buyers. These will serve as possession within the fund, whose dividends will be dispensed with using Ethereum smart contracts, in order that eighty five% go to token holders, 10% are reinvested into the fund, and 5% are used for working expenses.
in addition, token holders might be capable of vote to change numerous parameters in MAGOS, together with how earnings are dispensed. a complete of 38,595,000 tokens will be distributed all through the token sale. Tokens can also be bought with Ethereum and Bitcoin.
legit site : MAGOS.io
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