In the fast-paced and evolving world of crypto trading, staying ahead of the curve is crucial – yPredict, an innovative crypto-trading research and analysis platform, offers a data-driven edge to traders by leveraging the power of artificial intelligence.
Now in its presale stage, the platform’s utility token, $YPRED, has already hit a significant milestone by raising over $2.5 million.
Moreover, there are 20,000+ on the platform’s waiting list, signalling traders’ growing faith in yPredict.
Harnessing AI for Market Prediction
The idea behind yPredict lies in leveraging artificial intelligence (AI) to facilitate better trading decisions. The platform unites a network of AI and Machine Learning (ML) experts, financial quants, and traders.
It uses Natural Language Processing (NLP), an AI tool that gauges the buying sentiment of various tokens, along with other methods like pattern recognition, sentiment analysis, and various charting patterns.
They offer comprehensive analytical tools that provide insights and analytics for informed trading decisions. Given financial markets’ intricate and rapidly evolving nature, especially the crypto sector, traders are often looking for more statistical edge.
The yPredict whitepaper highlights the platform’s aim to bridge this gap by providing access to data-driven insights and proven analytical metrics.
The platform’s marketplace offers financial data scientists a space to sell their predictive model results through a monthly subscription service, benefitting both the scientists and the traders.
The marketplace, vetted by the yPredict Decentralized Autonomous Organization (DAO), offers analysis by top AI experts and quants on market trends.
The core of yPredict’s ecosystem is the $YPRED token, which serves multiple purposes – to access yPredict’s suite of tools and data insights, users must hold $YPRED tokens.
These tokens are used in a three-tier subscription model that unlocks access to data-driven insights on the crypto market, bespoke trading tools and a model predictions marketplace.
As the platform continues to grow and develop, the potential of $YPRED as a utility token will likely increase, promising an exciting future for yPredict and its growing community of users.
Rewarding Token Holders
Beyond the analytical edge, they offer, $YPRED tokens also have significant potential for income generation.
Token holders get 10% of every new subscription on the platform, fostering a sense of shared growth. In addition, 15% of all swap fees are shared with staked token holders through a staking pool, letting users earn passive income. The potential to generate a healthy APY adds another layer of charm to these tokens.
At press time, buyers can grab $YPRED tokens on presale for $0.09 per token, which will rise by 33.3% to $0.12 in the final round.
With over $2.5 million already raised, the presale shows promising signs of the token’s potential value – 80 million tokens have been allocated for the ongoing presale, with yPredict’s hard cap over $6.5 million.
Creating A Knowledge Base: Learn-2-Earn Ecosystem
In addition to its trading platform, yPredict also features a unique Learn-2-Earn ecosystem.
This feature offers an exciting opportunity for users to build their knowledge base about cryptos while earning rewards. Users can improve their understanding of crypto by accessing various educational materials.
This system stands out because upon successfully passing quizzes and tests after going through the educational materials, users are rewarded with $YPRED tokens, providing a strong incentive for continuous learning.
Play to Earn: Betting on Market Direction
yPredict goes a step further by introducing a play-to-earn feature, where traders can make directional bets on the future of crypto.
It’s a unique aspect of the platform that gamifies the prediction process while also allowing traders to test their market intuition and understanding.
Successful performers are further rewarded with additional $YPRED tokens, offering another way for users to earn on the platform.
yPredict AI-Powered Content Editor
The project is also developing an AI-powered content editor that will grant medium and large businesses the tools to revolutionize and streamline their content production process.
It will have AI tools to help with user management and make task assignment for efficient and a scoring system that allows editors to see, at a glance, whether an article is SEO-friendly and well written.
“Our content solution addresses the needs of content teams by simplifying their workflow, harnessing the power of AI, and delivering valuable insights for creating engaging and optimized content,” said yPredict CEO Raj Sharma.
Mapping yPredict’s Growth Potential
In Q2 2023, it is set to complete the remaining token sale rounds and launch the yPredict Analytics Beta, post which it will be listed on centralized exchanges.
Q3 and Q4 2023 will witness more exchange listings, global marketing campaigns, and the launch of the yPredict Repository Beta.
By the year’s end, yPredict aims to launch its Marketplace and fully release yPredict Analytics, Repository, and Marketplace.
As crypto trading evolves, platforms like yPredict can redefine how traders engage with the market. By providing an ecosystem that combines powerful AI-driven insights, opportunities for learning, and avenues for earning, yPredict is building a multi-faceted platform that meets the needs of traders at every level.
To stay updated with the project and its developments, potential investors can join the yPredict Telegram channel.
Visit yPredict Presale
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
Source: https://beincrypto.com/new-ai-token-ypredict-hits-2-5m-presale-milestone-heres-why-traders-are-bullish-on-it/