BNB

Project Insight: AlphaGPT - Innovation and New Influence of Artificial Intelligence in the Field of Crypto

by BSC News

August 16, 2023

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Currently in the final stage of closed mainnet, AlphaGPT is building a blockchain-based machine learning network for a decentralized AI marketplace.

AlphaGPT is committed to the AI-enhanced data iterative model project, aiming to provide a disruptive AI2Learn data solution that extends data to the AI engine, which will collect, encrypt and transmit the data required for business applications, to automatically optimize performance and security while reducing costs. It is building a blockchain-based machine learning network that will power a decentralized marketplace for artificial intelligence.

Founded by Godric Gumbs and Dr. Ronald on February 17, 2021, AlphaGPT is a BEP-20 smart contract running on the BNB chain. The project began an intensive development phase, culminating in the creation of two important decentralized applications: the AlphaGPT Quantitative Mining Application and the AlphaGPT Network. With the active efforts of the team, AlphaGPT is currently listed in many web3 browsers and DAPP stores such as Bitkeep, Mises, Carbon Browser, and Power Browser, and has gained more than one million users in the three-year development. Impressive progress has been made towards its goals.

By introducing innovative applications such as AlphaGPT Quantification DAPP and Yield Farm, the project has demonstrated its ability to adapt to the fast-paced market and stand out from the crowd.

AlphaGPT develops strategy consulting, trade execution, risk control services, and portfolio management solutions, including asset allocation, risk management, and performance evaluation for many large institutions and large clients. Relying on Alpha technology and GPT algorithm to provide clients with stable and advanced quantitative strategies, it has achieved great success in quantitative transactions and established a good reputation in the industry.

It aims to provide the safest and most regulated cryptocurrency incremental environment for global buyers and institutional clients. It is the platform of choice for first-time cryptocurrency arbitrage buyers and professional traders. It aims to use advanced artificial intelligence technology to automate transactions, promote the development of artificial intelligence and data mining to build a huge data center.

AlphaGPT DAPP, as a closed-loop project prototype before the mainnet launch, provides participants with application scenarios using AlphaGPT quantification technology and token mining procedures, which is the most important landing ecology of the network in the current closed mainnet development.

AlphaGPT Bot operating principle

  1. Data collection: AlphaGPT robots base their decisions on a large amount of data mined every day, including market prices, transaction volume, various news and social sentiment. AlphaGPT robots will obtain and access these data through open AI.
  2. Data processing: After the robot obtains the data, AlphaGPT will clean and convert the data for further analysis. This step includes denoising, data padding and data normalization.
  3. Strategy formulation: Quantitative orders are generated based on the processed data, and the AlphaGPT robot will formulate various trading strategies to execute the orders. This requires a large number of statistical and machine learning techniques, such as regression analysis, classification algorithms, cluster analysis, time series analysis, etc.
  4. Transaction execution: When the conditions of a certain strategy are met, the AlphaGPT robot will automatically execute transactions, including buying and selling.
  5. Risk management: AlphaGPT robot will carry out risk management, such as stop loss, stop profit, position management, etc.

Technical features of AlpahGPT Bot:

  1. The traditional manual transaction is replaced by the automatically completed programmatic transaction
  2. Trading volume is significantly higher than traditional trading strategies
  3. The time for trading positions is very short and the frequency is very high
  4. The yield of each transaction order is relatively low, but the income is very stable and the overall income is high

AGPT serves as the equity currency of the AlpahGPT project and DAPP. Based in the UK, AlphaGPT operates with a strong emphasis on safety and is licensed by the UK FAC to undertake numerous real-world projects in line with its goals. The network runs on the BEP20 network, providing users with smart transactions and mobile mining opportunities.

Token Information

Name: AlphaGPT

Symbol: AGPT

Decimal: 18

Max Supply: 2,100,000,000

$AGPT is the equity token of the AlphaGPT platform, with a total circulation of 2.1 billion. There is no IDO, no ICO, and no IEO. All $AGPT is produced by AlphaGPT’s user value behavior and mining. And with the subsequent mainnet development and launch, it will continue to be repurchased and destroyed until it is finally reduced to 210 million.

The economic model of $AGPT is based on five different models:

  1. Simple – create an intuitive and transparent economic model.
  2. Fair distribution – Different from traditional mining and pre-sale, any user participating in DAPP can use and trade $AGPT.
  3. Scarcity – create scarcity to maintain its price.
  4. Elite Mining – Reward users for their contributions to the AlphaGPT network through brokers and Bot work.
  5. Liquidity self-growth - the part of the quantitative robot's profit will form a liquidity risk reserve pool. The more people involved in the quantification, the higher the value of the $AGPT token.

AGPT can be easily added to active cold wallets or exchange wallets that support the BEP20 network after the mainnet launch. Popular wallets such as Trust Wallet and Metamask can safely store AGPT.

AlphaGPT Token Burn Plan

AlphaGPT repurchases and burns AGPT tokens through token Flash exchange within DAPP.

AlphaGPT DAPP

AlphaGPT provides a series of ecological DAPPs based on smart contracts, including AlphaGPT robots for quantification, Yield Farm for staking mining, and AlphaGPT airdrops for earning airdrop rewards through tasks.

AlphaGPT Team

The AlphaGPT team is committed to transparency and accountability. They actively develop projects, implement marketing strategies, and secure exchange agreements to ensure a vibrant and open market for AlphaGPT. Representatives from various countries assist the community and promote the development of AlphaGPT.

AlphaGPT has many partners to empower and improve the encrypted ecosystem, such as Mises, Carbon Browser, Star Protocol, UQUID, etc., and its ecological application system is currently listed in many DAPP stores. AlphaGPT's commitment to real-world utility and institutionalism is evident in its partnerships with real brands and institutions. These in-depth partners will also provide strong support and assistance for AlphaGPT to seamlessly use, integrate, and expand to web3 ecological applications in the future.

According to reliable sources, the network is currently in the final stage of closed mainnet construction. The focus of this stage of development is to achieve large-scale KYC and empower the intelligent construction of global data centers. Its mainnet will also be synchronized and officially launched in the near future.

After the AlphaGPT mainnet is launched, it will enter the next stage of ecological development, and will develop a complete ecology with Metaverse, GameFi, etc. around the $AGPT token. Users can participate in games, social networking, and life.

And earn $AGPT after participating in the contribution in the ecology built by AlphaGPT, and then cash out and shop, relying on its existing partners to form further in-depth cooperation. The integration of virtual reality through AI technology allows you to use $AGPT to buy cars and auctioned land in the virtual world to be traded in real life.

With the development of the main network construction, more infrastructure and ecology of AlphaGPT will be built. To create a more complete blockchain underlying facility, all developers can develop ecological applications on this network and upload them to the AlphaGPT network to enrich the applications of AlphaGPT, and need to pay $AGPT as the fuel fee of the system, thereby further promoting the value of $AGPT.

As AlphaGPT continues to break through the boundaries of innovation and build it into a trustworthy ecosystem, investors and users can look forward to exciting developments and opportunities in the future, which will also provide a continuous source of power for the ecological construction of the BNB chain.

Stay up-to-date with the latest news from the AlphaGPT network via the following links:

Website | Twitter | Telegram | Doc

Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $900. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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