Cindicator combines the intelligence of millions of financial analysts with the power of artificial intelligence.
It’s creating an open ecosystem that combines the two and bills it as hybrid intelligence for effective asset management.
According to Cindicator its ecosystem is a more efficient approach to valuable predictive analytics. Plus, those that forecast on the platform can monetize their intelligence.
Predictive analytics is big business with an estimated $4 billion or more spent on it every year.
Right now Cindicator focuses on the financial and crypto markets but sees many more use cases for its product like in science, venture capital, and politics.
Collective intelligence is a powerful force. Co-founder and CEO Mike Brusov illustrated its power with an experiment. He posted a picture of a packet of nuts of Facebook and had 100 people give him a forecast of how many nuts were in the picture. While the forecasts ranged from 50 to 600, the average came to 321. There were 329 nuts in the packet. That’s just a hundred people. Cindicator plans on having millions. From here.
You can start using Cindicator today, just download the app for Android or iOS. Right now forecasts are available for various financial market and crypto market events.
Ecosystems like Cindicator are likely to be the trading systems of the future. They did a contest in partnership with the Moscow Exchange where 863 non-professional used Cindicator and a robot trader completed the trades based on the forecasts. It was able to increase the portfolio 2.8% during the forecast, which worked out to a 47% annual return. Not bad.
Cindicator completed a token sale in October and is already trading. It’s an ERC20 token and you can buy it on HitBTC. When it’s implemented into the system the CND token will be used for access to Cindicator products. The team is using the funds raised to develop the Hybrid Intelligence platform.
As mentioned before you can make forecasts on the app and earn rewards if you’re one of the most accurate. Rewards are paid out in BTC and ETH.
This is one to keep an eye. Keep in mind it has competition in Numerai, which I have yet to check out.
I don’t plan on buying the token. But am going to make forecasts on the app. Let’s see how accurate I can be!
What do you think of Cindicator?
Hey I am relatively new to the crypto space, and very new to Steemit. I just wanted to say thanks for putting in the effort to share your insights. Enjoyed the blog, easy to follow and I will now add you to my Follow list. I will check out your other blog posts but I am curious to know if you have used the prediction ap / interface and how you found it. Thanks again. J
Thanks! Found CND doing research. I just activated the bot... haven't done any trades though yet.
it's really interesting coin
i love AI
Looks like a really interesting concept; if I understand it, it effectively is a predictive market powered by blockchain for the rewards. Fascinating!
Plus AI trading bots. Cool!
excelente articulo sobre cindicator
Cheers!
really nice blog..
Really nice & smart post....!!...I like it.👌
cheers!
Very nice @g-dubs ...bless
Thanks!
That's a great content @g-dubs I appreciate it 👍👍
Thank you!
You all time most welcome @g-dubs
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@alchemage has voted on behalf of @minnowpond.
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To receive an BiggerUpvote send 0.5 SBD to @minnowpond with your posts url as the memo To receive an BiggerUpvote and a reSteem send 1.25SBD to @minnowpond with your posts url as the memo To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memoThank you... very interesting, I'll check it out.