With the advent of Blockchain Technology, many applications are coming into existence everyday which can help us in real life problems and providing us a meaningful and affordable solutions for them. Nowadays, there is a blockchain application for everything. Right from trading, social media platform to storing cryptocurrencies and making payments. But there is a domain which has high potential and demand for an efficient platform and can be highly profitable.
That domain is Prediction & Forecasting Market where people monetize their knowledge and experiences by predicting future outcomes related to a specific function. Prediction markets expands to many domains life sports, betting, financial markets, weather forecasting, survey market and even in demographics settings.
MAGOS , a Blockchain application has come into existence which has it's own integrated A.I. and using that to analyze big data centres and complex calculations, MAGOS can forecast highly accurate future outcomes.
MAGOS Plot & Framework
MAGOS is a complex forecasting model integrated a neural network which is actually a true A.I. using data centres and performing calculations in order to forecast future outcomes with high accuracy and low cost.
MAGOS's neural network is a computer simulation of human brain and works exactly like a biological mind in order to understand things, analyze and then forecasting the outcomes.
MAGOS's Neural Network has 5 divisions which holds a specific individual function.
MAGOS Fund
MAGOS architecture serves as core for a fund, that operates on an Ethereum Blockchain. It applies the forecasting model to multiple platforms like as I have said earlier, sports, financial markets, exchanges, betting and many more. Then all the profit will be assimilated into the MAGOS fund and from there it'll be transferred to MAGOS token holders as follows:
- 85% Profit will be sent to MAGOS token holders.
- 10% Profit will be sent back to MAGOS fund.
- 5% Profit will be used for operating expenses.
MAGOS Results
The open test of MAGOS started on February, 2017 and lasted 4 months. A third-party site with the open tracking of stats was used. The forecasting of e-sports – one of the largest growing betting markets – was chosen as a testing method.
The results have shown that MAGOS is able to hold a significant edge over the competition, gaining net positive returns after each month of testing, with the overall ROI (Return on Investment) of 28% .
MAGOS (MAG) Tokens
MAGOS (MAG) Tokens are the in-bulit currency which operates within MAGOS funds. MAG tokens are the ERC-20 Ethereum based tokens which can be used in two effective ways:
- Receive Dividend for holding MAG Tokens in your wallet.
- Voting rights as to the distribution of Profits, Network resources usage, Module releases.
MAG Tokens has a maximum supply of 50,123,377. Not more than these tokens will ever be created by MAGOS Platform.
MAGOS ICO Crowdsale
MAGOS ICO sale is running right now and getting great response from all the investors. All the deposits will be made in ETH or BTC and all the tokens which be received by an Investor can be stored in Ether wallet until it becomes tradable after the conclusion of Token sale.
1 BTC = 27738 MAG
1 ETH = 1995 MAG
MAGOS Platform provides unlimited applications into the near future and belongs to a domain which is high in demand and profitability. So, join MAGOS ICO sale and become an early adopter of this extra-ordinary platform.
Check Our Offical Website. : https://magos.io/
Join Magos On Slack : https://magos-invite.herokuapp.com/
Follow us on Twitter : https://mobile.twitter.com/MagosNetwork
Follow Magos On Facebook. : https://m.facebook.com/MAGOS.io/
Join our Telegram Account. : https://t.me/MAGOS_network
Follow Magos On Medium : https://medium.com/@MAGOS?source=linkShare-627c111c8d20-1504935500
Check Our Latest Talk on Bitcointalk : https://bitcointalk.org/index.php?topic=2087842 Information Source
Read Further Posts on MAGOS :
https://steemit.com/cryptocurrency/@hulkred/magos-the-world-s-first-blockchain-based-decentralized-fund-implementing-a-i-to-generate-predictions-in-multiple-domains