Ancient civilizations relied on oracles to gain insights into the future. Today, the financial sector has its own version of oracles in the form of AI crypto platforms like yPredict. These platforms, powered by sophisticated algorithms and AI models, are reshaping the field of financial predictions. With the proliferation of AI technologies and machine learning, they are becoming valuable tools in the volatile cryptocurrency market.
As the financial sector evolves, there is an increasing demand for accurate and data-driven forecasting tools. yPredict has garnered attention for its unique approach to financial predictions. The platform brings together AI/ML experts, traders, and quants to provide sophisticated and accurate tools for informed trading decisions.
yPredict offers a range of analytical tools and platforms that utilize advanced financial prediction methods. These tools tap into alternate data sources to provide valuable insights and assist in making well-informed trading decisions.
One of yPredict’s primary offerings is the prediction marketplace. Here, financial data scientists can list the outcomes of their predictive models as a monthly subscription service. This democratizes access to data-driven insights and advanced analytical metrics, making them more accessible to traders and investors.
To support its platform, yPredict is raising funds for its native token called $YPRED. The recent presale successfully reached a milestone of $3.6 million, with an average daily fundraising of $18,652. The token is built on the Polygon Matic chain and offers utilities and staking opportunities. Each new platform subscription contributes to a staking pool, creating a consistent and attractive APY%.
yPredict leverages the power of the ARIMA model, a statistical tool from the 1970s, to predict Ethereum prices. The ARIMA model combines autoregressive, moving average, and integration components to analyze past data and make predictions. Additionally, yPredict is developing an AI-powered tool using the LSTM approach. Long Short-Term Memory is designed to identify patterns by analyzing past prices, enabling accurate predictions of future prices.
yPredict has laid out its roadmap for the remainder of 2023. In the third quarter, the platform plans to list exchanges, launch the beta version of yPredict Repository, and initiate a global marketing campaign. The fourth quarter will witness the beta release of yPredict Marketplace, as well as the full versions of yPredict Analytics, Repository, and Marketplace.
Aside from its existing offerings, yPredict is developing a range of products catered to various stakeholders in the financial ecosystem.
Market Predictions
yPredict is working on an open platform that allows users to check asset price predictions. These predictions, generated through advanced predictive models, offer a transparent method for analyzing price trends.
yPredict Analytics
This platform focuses on providing data-driven insights to discern patterns in market behavior. It includes features such as pattern recognition, sentiment analysis, indicator analysis, and transaction analysis. The platform’s freemium pricing model offers membership levels ranging from free to pro trader.
yPredict Marketplace
The marketplace serves as a platform connecting AI/ML developers with traders. Developers can list their model’s prediction results as a subscription service called “Results as a Service.” Traders can subscribe to these models and receive real-time results to aid their decision-making.
yPredict Terminal
Recognizing the importance of trade execution, yPredict is developing a trading platform called yPredict Terminal. This platform aims to offer more than just basic trading features, focusing on speed, a variety of order types, and order expiration. It will also be integrated with special charts compatible with yPredict Analytics and Marketplace modules.
While it is too early to say whether AI will become the oracle of modern finance, platforms like yPredict are bringing sophisticated tools to end-users. By combining time-tested models with contemporary AI crypto strategies, they offer a fresh perspective on financial predictions. Visit yPredict to explore the revolutionary potential of AI-powered financial forecasting.