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RE: Magos Artificial Intelligence ICO (Whitepaper Summary)
This is a fantastic post. Followed! Thank you for this clear and concise write up. The project looks very interesting.
Magos' method is effectively the same as 'burning' unsold tokens. Therefore, investors don't have to worry about a potential price crash when the currency reaches exchanges.
This is good. I was looking to see the number of tokens per ETH, but maybe I missed it when I was reading through the article.
The way it works is that the AI is, in theory, able to make profit from the markets I've talked about above.
This would be great. Here is the ANN on bitcointalk, for anyone interested:
https://bitcointalk.org/index.php?topic=2087842
I also sent a request to join your fb group. I like what I see so far!
Thanks for the response mate... it's good to know some people read the whole article!
In terms of Ether per token, I am not sure but this doesn't really matter anyway because you can't tell whether a Crypto is cheap or not based on token price; it's all about the starting market cap hence I went through that instead!
The potential is definitely there for the project, now we just have to see a greater number of samples from their test to see if it is profitable in the long-term ;)