It is almost impossible to imagine a functioning world today without computers and robotics. The funny thing is that what we call a machine has been with us only for a few decades. Interestingly, some experts have reasons to believe that artificial intelligence will catch up with human knowledge in the next few decades. But let’s leave the debate whether machines will rise for another day.
Currently, we rely much on robotics and artificial intelligence. They allow us to predict weather, manufacture user friendly devices and take us beyond earth’s atmosphere. It is not that inaccurate to predict even more dependence on automated systems in the future.
One of the inventions that recently took the world by storm is blockchain technology. If you have not heard of it, you may have heard of Bitcoin. Blockchain technology is the skeleton that enables Bitcoin to be.
The Magnus Collective has brought automation and blockchain together. The platform allows for sharing of components of an automated system. To make this possible, the platform is built on NEO and Ethereum. These two are variations of Bitcoin (you can learn more about them online).
How will the Magnus Collective function?
The Magnus Collective is a decentralised system. This means that various components of the collective can interact with each other directly. In short, there is no central controlling figure.
It is for this reason that use of blockchain technology is necessary. With the technology, participants are able to come up with specific rules with which to regulate transactions within the collective. This makes it possible for complex operations to be made securely and smoothly.
For transactions to be completed, a currency must be in use. The Magnus Collective will use a native currency called the Magnus token or MGS. The currency will allow for purchasing of services, products and skills. As demand for the token rises, its value will increase. It is currently value at $0.66.
Tokens will be offered during ICOs. Ones yet to be provided by the end date will be burnt. Within the collective, smart contracts will allow for collection and exchange of the tokens. Intelligentagreements will also fuel the collective’s growth.
How long will it take for the Magnus token to gain value?
As long as a currency is in high demand, its value will continue to rise. Currencies gain value the more they are used for transactions.
It is evident that artificial intelligence and robotics industry will continue to attract trillions in global revenue. This means that more people will be in need of skills, resources and services for their automated systems.
Since the Magnus Collective will be a source of affordable resources, more people will become part of the collective every day. This means that more transactions will be completed on daily basis. More deals means more demand for the MGS, thus increase in value.
It is often advisable to get tokens during ICOs. Afterwards, you can decide whether to convert them to actual currency or pay for services within the platform. One thing that is clear is that MGS will gain value in a very near future. Interested participants are encouraged to log on to https://0xmagnus.io/ for further details.
website: https://0xmagnus.io
Telegram: https://t.me/MagnusCollective
LinkedIn: https://www.linkedin.com/company/magnus-collective?trk=ppro_cprof
Twitter: http://www.twitter.com/0xmagnus
Facebook: https://www.facebook.com/MagnusCollective
Reddit: https://www.reddit.com/r/themagnuscollective
My Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1781890
