NAitech - The blockchain financial prediction marketplace based on the wisdom of the crowd

in #crypto6 years ago (edited)

INTRODUCTION
The financial markets are full of wrong predictions, inside information based opinion, front running, improper researches etc. and every now and then, investors lost their hard-earned money and fortunes to the deceit and lies of these market experts. Investors have no way of communicating with each other but depend on a handful of financial institutions for investment decisions. But the good this.... All these could be a thing of the past. Have you ever thought of how would you feel if you have a pretty good idea how your investment would be in 1 year, 5 years or 10 years time? There could only be one simple answer.... And that is you would go to bed happy with your two eyes closed knowing fully well that your investment is going towards the right direction. That's the objective NAitech wishes to accomplish.

The team of experts from 5 top companies across 4 different countries with years of experience in blockchain and technology came together with a game-changing solution to the biggest problem of the financial market that has never been addressed before - a decentralized platform that has the capability to make financial forecasts through "Wisdom of the Crowd" principle.

"MISSION STATEMENT"
"Our mission is to use Artificial Intelligence and Machine Learning to build an approachable prediction market platform which will enable the free flow of useful information and statistical data along with streamlined communication between brokers and investors".

WHAT IS NAitech?

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NAitech is the world's first Artificial Intelligence and blockchain based prediction platform for financial market that covers stocks, commodities, forex, derivatives and crypto assets using wisdom of the crowd approach. No matter the remote part of the world an investor might be located, investors will be able to connect simultaneously on a single platform, interact with each other and exchange predictions from a single stock to index commodity or currency. Individuals with wealth of experience and novices will form part of the community pool where they can create a question about a particular asset and immediately access billion of opinions from all around the world. NAitech Artificial Intelligence capabilities will streamline the question to the most likely scenarios based on multiple attributes collected from Big Data funnel. It keep refining the outputs until the most probable scenario comes up.

HOW DOES NAitech WORKS?

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Before an investor makes an investment in a particular project, he/she will have to simply log on to the platform and create a question or may as well choose to browse through the already created market predictions (not biased research or controlled information but just truth based on the wisdom of the crowd) and follow the consensus before investing. This free flow of prediction analysis will bring about revolution and remove the control of the financial markets from the hands of financial institutions to the general public.

WHAT POTENTIALS DOES THE PROJECT HAS?

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The potentials of NAitech prediction markets is enormous. No more to centralized financial institutions but a decentralized and distributed environment for searches and queries which will create economic opportunities for experts. It will also help in the creation of financial instruments that tracks stock prices or commodity value with greater specificity than what is seen in traditional financial institutions. NAitech prediction market is extraordinarily accurate in evaluating the probability of future events and indicating related risks. It can be used to approximate the probability of insured events and may also serve as an input to or even replace existing models. The market could be of immense importance in the information sector as it can used to get real-time access to all information related to the corporation's value. It could also be deployed in the area of governance.

NAitech TOKEN
NAi is the utility token that will power the NAitech network. It will be used as fees on the platform in order to have access to financial forecasts and predictions.

TOKEN INFORMATION
Token symbol: NAi
ICO token price: 1NAi = $1.30
Specification: NAi(ERC20)
Total supply: 20,000,000
Token for sale: 15,000,000
Hard cap: $10,000,000
Soft cap: $1,000,000
Accepted currency: BTC, ETH, LTC
KYC/AML: yes
Public sale starts: 24 Sep, 2018
Public sale ends: 23 Jan, 2019
Sale Duration: 4 months

THE TEAM
When evaluating any project, ensuring the team has the experience and capability required to carry out the vision they are outlining is crucial. Of course, anybody can write an impressive whitepaper and create a persuasive website; the idea is the easy part, it’s implementing the idea which is difficult. In the case of NAitech, the team is led by the CEO, Dr Atif Farid, a Senior Data Scientist whose knowledge in the financial markets, Artificial Intelligence and blockchain technology is a core requirement for the NAitech project. He is a professor of Blockchain System Architecture at the University of North Carolina, Charlotte and has years of experience working at the Bank of America, American Express and Unisys. The CTO, Malik Mudassir is an IT Tech genius and founder of AppGenii. He has delivered about 500 successful projects to clients in 18 countries. He has left his marks in the IT sector and will bring his wealth of experience to the platform. We also have a team of advisors who has distinguished themselves in their areas of expertise and all will be onboard and rub minds together to make sure the project is a success.

CONCLUSION

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NAitech is clearly one of those rare spectacles only occasionally spotted in the blockchain space, a project which is heavy on genuine innovation yet light on hype. It is an amazing project that will take the financial prediction market to the next level and change the world of investment for ever.

Have any questions relating to NAitech? Join their active community on Telegram where you can discuss anything NAitech related: https://t.me/joinchat/J61oPUhjWBCzZeDWRyVbGQ

To learn more about NAitech, visit the website: https://naitech.io. Read the whitepaper, if you want to dig in deeper: https://www.naitech.io/wp-content/uploads/2018/07/NAi-Paper.pdf

To stay well informed with NAitech latest news, articles and announcements, connect on their social media and other educative platforms:
Twitter: https://twitter.com/NAiTechOfficial
Facebook: https://www.facebook.com/NAiTech.io/
LinkedIn: https://www.linkedin.com/company/naitechnologies/
Reddit: https://www.reddit.com/r/NaiTech/
Bitcointalk: https://bitcointalk.org/index.php?topic=4931472
GitHub site: https://github.com/NAi-Tech
Token Sale Website: https://tokensale.naitech.io

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