First Global Credit Brings AI to Cryptocurrency Trading via AICoin ICO
- “The inefficiencies of the cryptocurrency markets have created a rare and truly unique opportunity."
First Global Credit, a London-based cryptocurrency capital markets company, has announced it entered into a partnership with a team of developers using Artificial Intelligence (AI) trading algorithms to form AICOIN, an ICO that will formally launch on July 17 and is currently in community review mode.
The London Summit 2017 is coming, get involved!
Trying to distinguish the project from the recent wave of ICOs, First Global Credit explains that the AICOIN is a fully functioning investment service (not an idea in development) that leverages off Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technology to deliver revenue from two different but complementary profit streams.
The coin uses the power of artificial intelligence to generate ongoing profit. These profits are then used to finance investment in early stage companies focused on public blockchain or AI technology. The quarterly selection of start-up companies will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term off the collective knowledge and experience of all token holders who vote on which companies will receive investment. Since AICOIN is built on the ethereum blockchain, the functionality of the smart contract is used to provide transparency and supervising control of the voting process.
This structure differs from most current legitimate ICO offerings, that have largely been used as a way to crowdfund a single blockchain focused business idea and/or user community. In the short term, the value of AICOIN will increase based on profits generated from the Artificial Intelligence trading models. The algorithms have been trained to look for inefficiencies in the top seven cryptocurrency markets that it can profit from trading.
Exploiting the inefficiencies of the cryptocurrency market
Gavin Smith
“The profit you can see being generated on the blog, in itself is not that exciting as cryptocurrency is in a bull run right now,” states First Global Credit CEO Gavin Smith, who has driven development of the AICOIN partnership. “But it does form the basis of what might just be a real game changer in the field of early stage venture capital investing and why we have created AICOIN.”
“The inefficiencies of the cryptocurrency markets and relatively small numbers of participants have created a rare and truly unique opportunity for AICOIN’s technology to really benefit token holders,” states Smith. “AICOIN’s AI coupled with First Global Credit’s hedging engine allows us to take cryptocurrency market positions in a very efficient way that will maximize the profit potential of each and every trade. Then we will recommit some of those profits to scaling up trading, some of the profits go back into AI research and the rest of the profits will be committed to find the best and the brightest talent in the two most disruptive technologies the world has seen since the advent of the Internet.”
Marcie Terman
Marcie Terman, the other founding director of First Global Credit, adds: “The efficiency and transparency that ethereum affords us has never existed before. This has made it possible for us to benefit from the collective experience and knowledge of our token holders, what has been called 'The Wisdom of the Crowd.' AICOIN will generate a better result than an angel investor whose decisions are limited by scope of knowledge and personal bias.”
“Every few months we will take a position in a new and exciting venture. Then, when we start looking at exit strategies for the first ventures in a year or two down the road, AICOIN’s value will reflect the fact that we may well be sitting on future market leaders like the world’s next Uber or Amazon,” says Terman.
First Global Credit, a London-based cryptocurrency capital markets company, has announced it entered into a partnership with a team of developers using Artificial Intelligence (AI) trading algorithms to form AICOIN, an ICO that will formally launch on July 17 and is currently in community review mode.
The London Summit 2017 is coming, get involved!
Trying to distinguish the project from the recent wave of ICOs, First Global Credit explains that the AICOIN is a fully functioning investment service (not an idea in development) that leverages off Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technology to deliver revenue from two different but complementary profit streams.
The coin uses the power of artificial intelligence to generate ongoing profit. These profits are then used to finance investment in early stage companies focused on public blockchain or AI technology. The quarterly selection of start-up companies will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term off the collective knowledge and experience of all token holders who vote on which companies will receive investment. Since AICOIN is built on the ethereum blockchain, the functionality of the smart contract is used to provide transparency and supervising control of the voting process.
This structure differs from most current legitimate ICO offerings, that have largely been used as a way to crowdfund a single blockchain focused business idea and/or user community. In the short term, the value of AICOIN will increase based on profits generated from the Artificial Intelligence trading models. The algorithms have been trained to look for inefficiencies in the top seven cryptocurrency markets that it can profit from trading.
Exploiting the inefficiencies of the cryptocurrency market
Gavin Smith
“The profit you can see being generated on the blog, in itself is not that exciting as cryptocurrency is in a bull run right now,” states First Global Credit CEO Gavin Smith, who has driven development of the AICOIN partnership. “But it does form the basis of what might just be a real game changer in the field of early stage venture capital investing and why we have created AICOIN.”
“The inefficiencies of the cryptocurrency markets and relatively small numbers of participants have created a rare and truly unique opportunity for AICOIN’s technology to really benefit token holders,” states Smith. “AICOIN’s AI coupled with First Global Credit’s hedging engine allows us to take cryptocurrency market positions in a very efficient way that will maximize the profit potential of each and every trade. Then we will recommit some of those profits to scaling up trading, some of the profits go back into AI research and the rest of the profits will be committed to find the best and the brightest talent in the two most disruptive technologies the world has seen since the advent of the Internet.”
Marcie Terman
Marcie Terman, the other founding director of First Global Credit, adds: “The efficiency and transparency that ethereum affords us has never existed before. This has made it possible for us to benefit from the collective experience and knowledge of our token holders, what has been called 'The Wisdom of the Crowd.' AICOIN will generate a better result than an angel investor whose decisions are limited by scope of knowledge and personal bias.”
“Every few months we will take a position in a new and exciting venture. Then, when we start looking at exit strategies for the first ventures in a year or two down the road, AICOIN’s value will reflect the fact that we may well be sitting on future market leaders like the world’s next Uber or Amazon,” says Terman.