yPredict (AI)

(Source)

This is a quick look at yPredict, one of the ICOs that is ongoing in the cryptoverse. Do note that none of these are financial or investment advice. (For infotainment only.)

What is yPredict?

yPredict.ai is an AI-powered trading research and analysis platform that provides data-driven insights for better trading decisions.

It is an ecosystem of [Artificial Intelligence (AI)]( and Machine Learning experts, financial quants and traders that offers to provide a range of products including analytical tools and platforms that are designed to provide insights and analytics through state-of-the-art financial prediction methods and metrics built with alternate data to make wise trading decisions.

yPredict allows Artificial Intelligence (AI) developers to sell subscriptions to their AI predictive models that provide trading signals, providing traders with a competitive edge and enabling them to compete with institutional-grade bots.

(Sources: Bitcoinist, yPedict, Cryptototem, yPredict, Gagarin)

Simply put (per their tagline), yPredict is a token empowering world’s first“All-in-One” AI Ecosystem specifically Built for Developers, Traders, Quants and Analysts. It is said to be the next-gen trading research & analysis platform to get data-driven insights for better trading decisions.

YPRED & its Tokenomics

This is the yPredict coin and it is designed to power the yPredict ecosystem. It is a Polygon Matic chain-based token with powerful utilities and staking opportunities in a staking pool of no fixed liquidity as each new platform subscription adds to this pool, Keeping APY% consistent and lucrative. (Source)

It is currently on its stage 6 of presale which provides users or investors a discounted opportunity (USD0.09 Presale price) to participate in the project. It has raised over USD2.2 million at the time of this writing. The Presale started on the 24th of April 2023 and will end on the 30th September 2023. One can buy into it using any of these various methods of payments - ETH, MATIC, BNB, USDT or credit card. The listing price as indicated on the presale information will be USD 0.12

Additional info from their Presale website shows that the audit and Know Your Customer (KYC) were conducted by Consult and here's the result.

Token Details

• Name: yPredict Token
• Symbol: YPRED
• Chain: Polygon network
• Supply: 100 Million
• Decimal: 18
• Contract: 0xdFaF2680239d678d9551669727b93b62Ad0D18Cc
• Polygon Scan: https://polygonscan.com/address/0xdFaF2680239d678d9551669727b93b62Ad0D18Cc

Tokenomics

YPRED tokens are designed to empower, grow and sustain the yPredict economy. It serves (or are useful to) two primary participants, re: the AI and Machine Learning developers and traders. The token is used to incentevized them.

Token Utilities

Within the yPredict ecosystem, YPRED holders can do the following with their tokens:

• Will have free access to yPredict analytics platform to analyze coins using data-driven insights & metrics for their trading needs.

• Pay for predictive model subscriptions through yPredict Marketplace. Subscriptions may come monthly.

• Will be incentivized for votes on the marketplace (regarding listing and delisting).

• 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 the APYs consistent.
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Token Allocation & Distribution

Decentralized Autonomous Organization (DAO)

The yPredict marketplace model submission is powered by the DAO model where votes of YPRED holders decide the fate of each model (with regards to listing and delisting).

Additionally, by implementing the DAO Governance mechanism for developer’s model submission, yPredict maintains high standards of analytical offerings on the platform. This in turn will attract more traders, investors and other developers.
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Smart Contracts

Token: 0xdFaF2680239d678d9551669727b93b62Ad0D18Cc

Advisor Vesting : 0x49666Dd1E5Fed61Da8BA89532FE22E33bE556313

Development Vesting : 0x312919210199B7042342aa68C832A3dceBC68d86

Influencer Vesting : 0xc8Aa384352fb60E03199671C5Cd39E0363541d19

Liquidity Vesting : 0x8C92b07c5624B44edD7c4418aE047257C7162028

Marketing Vesting : 0x6a30D83d39B42a57a009e34F382D5a86312b8600

Staking Vesting : 0x92690B4cAa4d5790F17B35A6c7f72B33A88e45dF

Team Vesting : 0xf5A814aBC507faDAd2A0b2EA332b54c9D979C1f0

Treasury Vesting : 0xCc32481E00191BE2DA453b5CA047040541B21448

Private Sale Vesting : 0xd81ec0830bf449469D33a97d398FAe34FB9b5db1

Presale Vesting : 0xBfCD083B9fd818A563E489d28eDfBeA3bb2dF68C

(Info Source)

Earning opportunities through YPRED

Developers are incentivized through the YPRED token for listing their model results as a monthly subscription product. 70% of the subscription payment are allocated to its developer/contributor. These YPRED tokens are then locked for 30 days to maintain price stability.

Regular users (traders) are incentivized to vote on the marketplace, join loyalty programs and generate passive income through revenue-sharing staking pools. Unlike the majority of liquidity pools, it doesn’t have fixed liquidity from an allocated token supply. The Source of liquidity for these pools is 10% of platform deposit which keeps its returns on a consistent growth trajectory.

Not just free access to its platform but also being able to stake and get rewarded with lucrative Annual Percentage Yield percentage (APY%) on yPredict's staking pools.

Roadmap

Here's the project roadmap obtained from their documentation.

(Source)

Build Phase

The yPredict project is currently in development stage where the team is dedicated to have initial beta ready by the second quarter of 2023. Including yPredict Predictions, yPredict Analytics, yPredict Terminal. This phase also includes token development & sales, listing, promotions among others.

Grow Phase

Growth phase will focus mainly on stabilizing the core offerings and organically growing the community and reaching a 100m market capitalization for the YPRED tokens.

Engage & Scale Stage

Accordingly, by this phase the team expect that the yPredict ecosystem would have been fully developed and will already have stable products and growing community. This phase will focus on large scale marketing campaigns to reach over one million active users on all their platforms combined.
(Obtained from source)

Project Team

Project's CEO is Raj Sharma, the founder of Renske Technologies Inc.

The Chief of Technology is Chirag Purohit, who has more than 12 years of experience in the software industry.

Sirojiddin Nuriev heads the AI department, Hashim is in charge of UI/UX and Haidar Ali leads the blockchain development team.

The team has a well-defined roadmap that can demonstrate the project's future plans, including the yPredict app B2C beta, YPRED token listing, yPredict app B2C stable release, charting library development and major feature release.

Apparently, the team has years of experience in artificial intellignece (AI) and machine learning.

Marketplace Application or Platform

yPredict.ai Market Predictions platform is an open platform to check coins or securities price predictions at no cost. These predictions are generated through our in-house developed predictive models and selected marketplace developer's model. These free predictions aim to showcase endless possibilities for analyzing price trends through AI/ML-driven tools on yPredict platforms.

Mockup look of the app

Features of the Prediction Marketplace:

• Open (no login required) and free-forever platform.

• Publicly available price predictions for thousands of coins.

• Predictions generated through state-of-art financial prediction methods.

The Market Predictions applicstion aims to target crypto traders looking for predictions. This platform will serve as a source of inbound traffic for yPredict ecosystem. Providing visitors with free predictions as a preview of yPredict platform core offerings such as Analytics and Marketplace.

(Source)

yPredict Analytics Platform

The features of the analytics platform include the following:

Pattern Recognition

Auto detection of 100+ chart patterns. Every time a new chart pattern is detected, this tool would give an alert with the pattern name and its confidence score. This score is computed based on pattern performance in recent data.

Sentiment Analysis

Provide an overall sentiment of the news and social media content if it mentions the asset name or symbol, currently being analyzed.

Indicator Analysis

Automatically test hundreds of technical indicators on each asset (symbol) and filter out ineffective indicators and list only the ones which have performed in tests on recent market data.

Transaction Analysis

Analyze transactional/tick data for each asset and develop metrics to provide data-driven useful insights.

(Quoted from Source)

Why buy YPRED?

The project indicated some reasons on their presale website why participating in the presale is a "no-brainer" and I quote:

10-100x Potential

Similar projects with far inferior offerings share a token mc of 50-100m at bare minimum, where YPREDS are designed with only 6.5m MC at listing.

Lucrative Staking Rewards

Token holders may receive up to 45% quarterly staking rewards from the 10% of tokens paid for each new subscription on the platform. The industry average for staking returns is 5-10% APY, but we have decided to share a portion of subscription with our token holders through this pool, which has the potential to offer returns of up to 45% every quarter.

Lifetime Free Predictions

Access to yPredict Analytics base models, which were built by top 1% AI developers. These predictive models are able to forecast the prices of popular coins such as Bitcoin, Ethereum and Shiba Inu with extreme precision, unlike any other publicly available predictive models. Condition for this: Minimum buy of USD500

Huge Discounts

Access to platforms in yPredict ecosystem, ranging from data repositories, predictions platforms, analytical tools, marketplace state of art trading terminals at a discounted price.
(Quoted from source)

To join the waiting list of people to have early access on the platform or application, there is a whitelist survey that one needs to complete. (I have yet to check it so I have no clue as to what the survey is about).

Other Useful Links Related to the project

• Holders App
• (App Beta Access
• Whitepaper
• Telegram Channel
• yPredict Announcement TG
• Twitter

_{For infotainment only. This is neither an endorsement or a financial advice. Do your own due diligence. DyOR. 10062023/09:30ph}

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