Know Your ICO #4 : MAGOS -- BlockChain Based Decentralized Platform...

Technology has been improving day by day and with it humans lives are getting easier. If we talk about last 10 years, then improvement in technology was exponential and still the new innovations in technology are on the rise. The latest and the most ambitious innovation of recent times is Artificial Intelligence (A.I.), a computer based simulation of a human mind, can be implemented in most of the domains and increase the output with less human efforts.

A.I. are still in developing phase but still the basic A.I. has been implemented in many areas of our daily life. Smartphone, Self-driving cars, Surveillance, Video Games are some domains where A.I. are still working effectively. There are unlimited applications of A.I. in current times because of everything is coming online.

Now, Let's talk about a Domain which is highly profitable and needs A.I. for successful outcomes. This domain is Prediction Market. Prediction markets involves predictions, forecasting, betting, stock trading and analyzing. This market is huge and there is an enormous demand for online applications which can analyze big data centres and on the basis of that, provides effective predictions.

There are not many applications are available for that purpose. But now, an online Blockchain based platform has come into existence which deals with future prediction market with high accuracy and low cost. The platform name is MAGOS.

Let's talk about it in Details:

MAGOS Brief Overview

MAGOS is a complex Blockchain based Decentralized forecasting model using Neural Networks technology to process big data centres and provides the future predictions with high accuracy and low cost.

MAGOS architecture works on Neural Network technology which is Actually a true A.I. which acts like a computer simulation of human brain to understand and learn and on the basis of that analyze big data centres providing highly accurate future prediction as the outcomes.

MAGOS has unlimited applications in the future. Currently MAGOS has been implemented in Prediction markets like Sportsbook, Betting, Forecasting, Finance and Business applications.

MAGOS Architecture & How It Works

MAGOS works on Neural Network architecture. It has basically 5 Neural Networks which acts like a human brain and divides a specific activity among themselves each one performing a specific task.

Neural networks are the computer simulation of Human Brain which learns, understand and logically take decision or make predictions like a biological brain with high speed, accuracy, efficiency and low cost.

The 5 Neural networks on the basis of which MAGOS works are as follows:

MAGOS Use Cases

There are unlimited future applications of MAGOS in unlimited domains. But still MAGOS has come pretty high use Cases and applications which are described as follows:

Sports

Sports is a Billion dollar market where the need of forecasting and predictions are exponential. People take high interests in Sports events & Tournaments. Whether it is Cricket, Volleyball, Football, Baseball, Tennis or Basketball, all the tournaments have a huge fan following and a lot of companies sponsors these tournaments to earn profitability. As I have mentioned above, there is a high demand of prediction and forecasting in Sports industry.

An A.I. is needed to analyze a sportsperson movements, his reflexes, the way he takes the shots, speed of his movements and on the basis of that analysis, makes predictions & forecast future events related to that sportsperson or sports in general.

MAGOS can do it will full efficiency an high accuracy with low cost. Its Neural Network based A.I. understands any sportsperson patterns and learn that sport rules and fundamentals, on the basis of that, it makes highly accurate predictions.

Betting

Betting is always a high demand activity in almost every country and region. Based on the sports, people try to monetize their knowledge or predictions by betting on sports. Although, with the beginning of eSports, there has been a steep rise in Betting activities and demand is rising greatly.

MAGOS with it's integrated A.I. can provide efficient prediction solution to the company or users implementing it within their data centres.

Financial Markets

Financial markets are the real value generation market of the World and people highly invest in Financial Markets. Whether it is stocks, forex, derivatives, futures or commodity markets, daily a huge amount of money being exchanged on Financial Markets.

MAGOS has a high accuracy while analyzing the financial data and it can provide the best and highly accurate prediction in financial markets to an individual or a company. Basically, it forecasts the future price prediction of a certain stock or commodity as per the requests of a user or company alike.

MAGOS (MAG) Tokens

MAG tokens are the in-built cryptocurrency of MAGOS and can be used for two basic purposes within the Platform.

Actually MAGOS has created a fund within its architecture and all the profits gets assimilated in that fund. The profit distribution from that fund happens as follows:

85% of Profits goes to MAG token Holders.
10% of Profits gets re-invested back into the MAGOS fund.
5% of Profits gets used for operating expenses.

Now, MAG tokens can be used in two ways within MAGOS architecture:

For Receiving dividend by holding them as long as possible
For Voting as to Profit Distribution, Network resources usage or Module releases.

MAG tokens are ERC-20 based Ethereum Tokens with the maximum supply of 50,123,377 tokens.

MAGOS ICO Main Crowd Sale

MAGOS ICO cwodsale are still in progress and all the investors are welcome to take part in it. Deposits will be received in Ethereum and BTC. There are no restriction as to joining the mailing list first. Entries to ICO are available to everyone.

Current rate:
1 ETH = 1995 MAG
1 BTC = 27922 MAG

So, go and join the ICO crowd sale and become a part of A.I. based prediction platform.

Visit MAGOS Website