MAGOS ICO (MAG) CROWDSALE IS LIVE NOW:
ICO STARTS : August 16,2017
ICO ENDS : September 30,2017
Magos Platform Overview
Magos is a complex forecasting model based on a system of neural networks. There are several network where each of them is performing a specific task and their collaboration produces a forecast with a high a high degree of accuracy. Magos helps users to develop and implement individual forecasting modules, target various kinds of forecasting domains which are in a huge range of business and finance to sports and politics.
Vision Of Magos (MAG)
The vision of MAGOS platform is very beneficial for users of magos where they will earn a good profit. Magos will be generating profits by applying forecasting to various domains on multiple platforms. Profit of Magos will be transferred into ETH smart contact which you can see below how the distribution will flow :
- 85% will be distributed to the token holders.
- 10% of total tokens will be re-invested back into the MAGOS fund.
- 5% will be used for handling all other expenses for rhe platform development.
The new token functionality in the Magos Platform (MAG)
Token holders will be allowed to vote on profit distribution changes at release. It is a great and a positive side of Magos Platform.
Sportsbooks and coventional prediction markets will be operated on Magos Platform (MAG). This will going to be happen at initial stage of this platform.
In early 2018, MAGOS will expand to Decentralized Ethereum-based prediction markets like Gnosis, Augur, and Stox which will take this platform a way ahead and investors as well as users on this platform will get huge benefits.
Melonpart which is going to be released in the second half of Magos platform in the year 2018. A innovative and new decentralized version of MAGOS fund will be deployed on the Ethereum blockchain. By using Melon protocol, we will be able to setup a fully auditable and transparent fund, with the open performance tracking. This type of a fund would allow to translate the accuracy of MAGOS forecasts into the reputation growth of the fund in the prediction market and asset management space.
The main aim and vision of Magos if to release Oraculum portal in 2019. The main purpose of Oraculum is to allow to purchase limited usage rights to MAGOS and apply it’s forecasting power to the events of their choice. The payment which is going to be collected by Magos Platform will go into the profit smart contract and distributed respectively.
Magos Use Cases
Magos will present infinite in coming days. So far Magos platform will be focusing on Prediction market like sportsbook, betting, forecasting and finance.
Betting
Betting is a great source of earning money and it is all official played now. If we look at the graph more than 40% of world's population are interested in betting. Favourite sport or eSports can lead investors to a next beneficial level.
MAGOS with it's integrated A.I. can provide efficient prediction solution to the company or users implementing it within their data centres.
Sports
Nowadays people are having interests in sports and activities like football, hockey, polo, basketball, swimming, cricket, and many more other which leads to growth in prediction market and forecasting. This will help predictors to earn huge money by predicting on their favourite sport.
Financial Market
MAGOS is having high accuracy with risk correction which helps in analyzing the financial data and it help users to provide perfect and accurate prediction in financial markets to cooperates as well as individuals. Basically, it forecasts the future price prediction of a certain stock or commodity as per the requests of a user or company alike.
MAG Token Crowdsales
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The ICO crowdsales is live from August 16,2017 to 30 September 2017 where investors can easliy purchase Magos (MAG) tokens from their official website by paying them in ethereum and bitcoin.
MAG is ERC- 20 token on ethereum blockchain.
1 BTC = 27738 MAG
1 ETH = 1995 MAG
The total number of tokens to be sold during the launch is 77% with a hard cap of 22,640 ETH. Everybody is invited to purchase MAG token and look at Magos innovative patform where you can make your future profitable.