Hey Steemians,
So, I have found a place where you could make use of your (free) BitcoinCash (BCH) :)
Amidst the "haystack" of daily launching ICOs, I have found the "needle" for me - AICOIN :D
The fun part is, I could use BCH to get it. (They are going to start accepting BCH soon as per their blog.)
I feel like AICOIN is targeted for lazy people like me :) It can act as a passive source of income by generating profits using the combination of sophisticated Artificial Intelligence model and the crowd wisdom. I see a pretty good team backing the ICO and they have the support of First Global Credit who seem to provide a framework for the risk control and coin management. The team is being led by Gavin Smith
Now, let's see, how AICOIN will generate money for the token holders:
Using their AI model and the First Global Credit's proprietary technology they automatically trade the cryptocurrency markets 24×7, monitoring a range of the leading cryptocurrencies and automatically executing trades as opportunities present themselves. This will generate a lot of profits as compared to other means to trading or investment.
The profits made from the first strategy above will be put into an investment pool which will be used to make regular investments in artificial intelligence and blockchain start-ups. For selecting the startups or ventures to invest in, the AICOIN will use crowd wisdom, where the investors will be able to vote for their favorite upcoming starup project in the field of AI and blockchain. The more tokens you hold the more weight your vote will have. (Note: They also mentioned the scope of paying some amount of profits made from the first strategy as dividends to the token holders, but that will be decided after the ICO ends and with the consensus of the token holders.)
AICOIN crowdsale will be closed on 28th August 2017 after which it will be available on the exchanges for trading. During the crowdsale period, the price of each AICOIN token (XAI) is 0.01 BTC (or equivalent Litecoin and Ether, they recently announced to accept BitcoinCash too ). AICOIN is going to keep 10% of the profits from the trading, so as to buy back the tokens which will help investors to easily liquidate their tokens when ever they want.
Personally, I am looking at AICOIN as a long term, reliable and profitable investment, and I have already invested in it (my AICOIN user name: naveen4790).
I am not a financial advisor or an expert in trading. I just keep my eyes and brain open :p Please invest after doing your own research. Following are some useful links for you to get more information about the AICOIN ICO. Happy Investing. :) :)
Website: https://aicoin.io
Facebook page: https://www.facebook.com/aicoinfb-1847270038857638/
Twitter handle: https://twitter.com/aicoinico
Youtube Channel: https://www.youtube.com/channel/UC226_O-ZpKEVzXebLrEBteg
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