AICOIN is a passive investment vehicle that uses a strategy combining the pinpoint accuracy of Artificial Intelligence trading models with the “Wisdom of the Crowd” to generate a profit for coin holder / investors.
The first part of the strategy uses AI models and First Global Credit’s proprietary technology to actively trade the top cryptocurrency markets. The models take advantage of market inefficiencies by automatically executing trades 24 hours a day, 7 days a week.
The ongoing profits generated from the AI directed trading are then fed into an Investment Pool that is used to finance positions in early stage companies focused on AI and public blockchain technology.
Unlike traditional VC’s and seed funds the AICoin Investment Pool is directed by AICoin token holders. The power of the blockchain as a voting mechanism enables the collective to aggregate the combined knowledge and expertise from all of the token holders in a completely secure and transparent way to profit from the “Wisdom of the Crowd” to make investment decisions that benefit both the AICoin token holders and the cryptocurrency ecosystem as a whole.
This dual approach provides a steady flow of Investment Capital into the AICoin Investment Pool to both spread the risk and ensure that capital is always available when the next big opportunity arrives.
For the pre-subscription investors there is a bonus coin incentive of up to 20% for a 10 or more BTC investment. .01 to 2 BTC is a 5% bonus, 2 to 10 a 15% bonus, greater than 10 BTC provides a 20% bonus. The pre-subscription period ends on July 17, 2017.
July 18th the ICO is officially launched and is available for one month, or until the ~ 10,000,000 USD equivalent hard cap is attained. The relatively small initial hard cap is beneficial for two reasons. First, it provides the AI models to trade without undo impact on the liquidity of the cryptocurrency markets. second it allows the models to engage in a deep learning to increase trade size as markets mature.
The second investment tier of this ICO is what makes it unique and especially attractive to Venture Capital. Since AICOIN is structured as a collective the company is wholly owned by the coin holders. Coin holders are able to use the voting process to vote on investing seed capital into AI/Blockchain startups. Five companies are presented quarterly to the holders as well as a sixth which is the option to invest in none in which case the funds are put directly back into the AI trading pool. These five opportunities are fully vetted by the investment board, consisting of two appointed seats and a seat elected by the coin holders, all of whom have years of experience in the financial markets and are leaders in their industries. Since the ICO is structured as a collective it is open to US citizens and institutions.
AICON is a disruptive ICO even to it’s industry category. It is structured so anyone is able to hold tokens. The tokens may be used as collateral to trade stocks, futures and commodities on the FirstGlobalCredit platform. The founders have long track records and are in for the long haul.
The coin is expected to trade at a premium to book value. For instance the current premium to book value for the S&P 500 is currently 3.15 (source). First Global Credit stands ready to buy back coins at 5% under the coins book value if needed to provide liquidity. (source) under the Whitepaper download and the legal terms). It is worth keeping in mind since this ICO is one of a kind in an industry that is still in it’s infancy the premium may be much higher. For a track record to date and commentary please see ouraibot.org. To date the AI models are at a 129% return rate after 4 months.
The combination of the two tiered investment strategy makes this one of a kind ICO worthy of careful consideration and certainly interesting to watch the results. To buy or learn more please see http://bit.ly/AICOIN. Give the whitepaper a read as well as the terms and conditions. Again, the Pre-subscription period ends July 17, 2017. After, the official launch of the ICO begins July 18th.
About the Author:
Lawrence Schnellmann has been a cryptocurrency enthusiast since 2013. His career has spanned 23 years of proprietary equity trading at several leading Investment Banks. An avid follower of new and existing ICO’s and alternative cryptocurrencies, he spends time studying these new and exciting technologies and markets. “Blockchain technology is one of the most important innovations of our time“
Disclaimer: This is a sponsored post and does not necessarily reflect the opinions of any The Merkle employees. This is not investment or trading advice, always do your own independent research.