Do you also find the world of cryptocurrency complicated? What is striking when one arrives on this market is the diversity of projects more interesting than the others. Then we dig and we realize that most ... are filled with emptiness! Are you tired of wasting time looking for info in every way? Let us introduce you to this new project "made in France": Daneel, the intelligent assistant to guide you in the cryptocurrency jungle.
Daneel wants to end the asymmetry of information
Any newcomer on the cryptocurrency market will be able to observe a strong information asymmetry. To be properly informed about projects, you will have to register with dozens of Telegram groups, newsletters and other RSS feeds.
And again, this is not enough, since it is often the official communication channels for projects. We must therefore confront this information, by joining other groups of interested, on Slack, Facebook & cie.
And again, this is still not enough since the opinion of each person will be biased by his own opinions, emotions, and the size of his "bag" of the cryptocurrency on which we seek information. And even if the information collected would be accurate, it would be perfectly English-speaking, economist, have a technical background, financial .. to analyze properly.
In short, find out about the world of cryptocurrency, it's complicated.
Daneel & Watson to serve you
To fully understand how Daneel is considering solving this problem, let's look at Daneel's name: Daneel. The name "Daneel" comes straight from Isaac Asimov's famous science fiction novel "Foundation". Daneel is a human-looking robot that is not endowed with emotions, but has a great analytical capacity. It is he who will push one of the characters to develop psychohistory. If you do not know psychohistory, here is a summary proposed by Wikipedia that will allow you to better understand:
"[Psychohistory aims to] predict History from knowledge of human psychology and social phenomena by applying a statistical analysis to the image of statistical physics"
If you know how to read between the lines, you have understood that Daneel will not be an additional chatbot, which will save you time via simple shortcuts like / price BTC. Daneel will rely on Watson, an artificial intelligence from IBM's research work. Watson has made history by allowing IBM to win $ 1 million, after winning the Jeopardy game show! in 2011, the Question for a champion "made in USA". Drawing on Watson's artificial intelligence engine, Daneel plans to aggregate, analyze and easily render all cryptocurrency data available.
Daneel's partners
Daneel entered into a partnership with IBM in November 2017. By integrating the "PartnerWorld" program, Daneel accesses the entire IBM ecosystem: the other program participants, IBM experts, and our dear Watson, one of the most powerful deep learning solutions in the world. Christophe Guittet - I.A Manager and Cognitive Solutions at IBM - has also joined the team as an Advisor. As a reminder, IBM is already at the origin of DeepBlue, the algorithm that defeated Kasparov in chess.
Daneel is also partnering with Crypto-Valley and Bitcoin Association Switzerland. The Crypto Valley is located in the famous Zug region, known for hosting a whole ecosystem of cryptocurrency startups. The Bitcoin Association Switzerland is a think-tank that brings together crypto enthusiasts, professors and industry professionals.
Daneel business model & token operation
In particular, Daneel distinguishes itself from most ICOs by using a clear token that also helps to understand the business model of the company.
The platform will be made available to users via a subscription that can be paid monthly, annually, etc. This subscription will be paid in DAN, the token of Daneel. The DAN will be a token utility. Important information, the price of the subscription will be set in FIAT value. Thus, the higher the price of the token, the less it will take to spend a subscription. This is the first incentive mechanism that will result in creating a demand that is not, contrary to pure speculation, not artificial. If Daneel manages to convince its users, then there will be a very real demand vis-à-vis the token, precisely to be able to afford the services of the platform.
And there, a question emerges in the head of every conscientious investor: but what does Daneel do with the token received in exchange for his services? Daneel uses a system called erosion. Each time a user invests in a Daneel service, 6% of the received tokens will be destroyed. So concretely:
1. A user buys 1000 DAN on the market he transfers to Daneel in exchange for a service;
2. Daneel receives 1000 tokens. 940 are resold on the market and 60 are destroyed.
The tokens are partly returned to the market, the loop is complete, the price of the token can go up!
JDC asks Daneel a question
In doing some research on Daneel's competitors, we came across Network Token (SAN), whose capitalization reached a peak of almost $ 500 million. So we asked Daneel to tell us about their competitor, and they agreed to answer publicly.
"Our fundamental difference is that Santiment does not have an AI: they only probe the market through voluntary contributions from members of their community. Currently, if you download their application, you will see that the number of participants is very limited - from 1 to 12 people per vote per parity - because it is long and difficult to conquer a large community. Daneel, meanwhile, gets these answers easily, quickly and in real time thanks to his AI and IBM Watson, which scans the web and social media, analyzing the opinions of millions of people. Our partnership with IBM will save us time and precision.
Daneel goes further than analyzing the emotions of the market: at the request of the user, he searches, makes reliable, analyzes and restores the information requested in a simple way.
Another major difference is the user experience: while Santiment offers information in push or classic mode, Daneel offers a conversational mode. Daneel is a real assistant (a feature more and more requested by the general public - our target audience).
Concerning the pedagogical aspect proposed by the 2 tools: Santiment proposes a kind of "social trading" where the user has to draw his information in threads of discussion. Daneel offers to learn in conversational mode and adapts to the profile of each user, whether beginner, advanced or expert.
From the 20th of January we take out our "showcase" (see video above), you can get an idea of
the difference between Santiment (more than a year) and Daneel (only the beginning) .... ! "
Participate in the ICO of Daneel
To participate in the Daneel ICO, we invite you to follow this affiliate link and register to the whitelist. 🙂
The price given is indicative, and in reality your token will be sold cheaper because of the bonus system set up by Daneel. You will need to invest at least $ 100 to participate in the ICO. You can participate using a wide choice of cryptocurrency: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Monero (XMR), Dash (Dash), Decred (DCR), Ether Classic (ETC), Lisk ( LSK), NAVCoin (NAV), Stratis (STRAT), Waves (WAVES), Zcash (ZEC), Ripple (XRP). You can also invest directly in fiat currency via paypal. The conversion rate will be determined at the time of payment by coinpayment.
To each his means of payment to invest in the ICO of Daneel!
Unsold tokens will be destroyed. The soft cap of the ICO is at 2,000,000 DAN and the hard cap at 60,000,000 DAN.
Bonus distribution for the Daneel ICO
If you want to participate, do not forget to subscribe to the whitelist to pre-register your data for KYC and enjoy the 20% bonus. Registrations will end on Monday! The tokens will be distributed 3 weeks after the end of the ICO.
Attention: We promote this ICO because we find the project interesting. However, you must do your own research before investing and take full responsibility for your decisions. Scams are numerous and we strongly advise you to conduct a survey on the team and the feasibility of the project. This article is a presentation and can in no way be considered as investment advice.
Excellent read! Daneel displays a trust rating for each cryptocurrency so its good thing to know when to trust Daneel at face value – and when to research a topic more deeply
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit