AICoin: The Game Changer in Cryptocurrency Trading
First Global Credit (FGC) has made waves in the blockchain market by launching the ICO for AICoin, a token set to transform the cryptocurrency trading landscape. With a vision to utilize cutting-edge artificial intelligence, AICoin is designed specifically for trading other cryptocurrencies, working alongside the top seven assets in the market.
Understanding the ICO Launch
The initial coin offering (ICO) went live on July 17, 2017, and FGC has announced that 100% of the capital raised will be harnessed for trading purposes. But here’s the twist: it won’t be human traders behind the screen making decisions. Instead, decisions will emerge from state-of-the-art AI trading models, aiming to capture market opportunities with minimal human interference.
Funding the Future
AICoin isn’t just a standalone token; it serves a dual purpose. Profits generated from AI-driven trading will flow into an Investment Pool, aimed at regular investments in promising AI and blockchain startups. It’s a win-win: AICoin traders can benefit from crypto trading while simultaneously supporting groundbreaking tech innovations.
Built on the Ethereum Blockchain
In the spirit of industry best practices, AICoin will operate on the Ethereum Blockchain. CEO Gavin Smith highlighted that this choice allows for a streamlined operation of the AICoin Investment Collective, which might have been hampered on other platforms.
As Smith states, “The structure of the AICoin Investment Collective is an entirely new development that would have been cumbersome if not impossible without the benefit of AICoin being built on the Ethereum protocol.”
The Hiccups in the Market
Despite the buzz, all isn’t rosy in Ethereum land. Investors are experiencing concerns about losses due to security breaches affecting wallets and ICO funds. Naturally, such events have sparked a bit of nerves among those interested in AICoin.
Industry Support
With industry heavyweight Jon Matonis backing the AICoin project in his capacity as an FGC executive board member, there’s a layer of credibility to the launch. Matonis optimistically remarked, “The AICoin model leverages off proven artificial intelligence models to direct market investment and coin allocation percentages.” He is particularly excited about how AICoin links its appreciation to further investments in startup companies—a linking never witnessed before in the crypto space.
Timeline for the ICO
The AICoin ICO commenced on a Monday and is slated to end on August 28, or earlier if the necessary trading capital is achieved. So, if you’re keen on participating, now’s the time to strategize your involvement.
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