Place/Date: China - March 29th, 2018 at 6:24 am UTC · 3 min read
To celebrate, Bibox is giving away 16 million Alphacat (ACAT) tokens to people who use the platform to trade ACAT over the next week.
Details for this fantastic giveaway can be found here.
For some, this is a surprising announcement but in reality, it’s a match made in AI heaven: the projects dovetail nicely with each other due to the fact that they are both AI-focused.
Alphacat’s robots utilize AI to make market predictions while Bibox is an AI-enhanced encrypted digital asset exchange.
This is big news for the Alphacat project: Bibox is a top 20 exchange (it’s currently ranked 17th in terms of 24-hour volume) and is growing fast, so being listed with them will result in the ACAT token becoming more readily available to cryptocurrency investors worldwide.
Bibox boasts an all-star team that consists of experts in blockchain, finance and AI. They have also released an easy-to-use app – available on both iOS and Android – that focuses on security, stability, professionalism, and efficiency.
They use state-of-the-art distributed cluster architecture and an incredibly safe microservices splitting design. Add to that, their innovative memory matching system of megabits per second and it’s understandable why Bibox is climbing the ranks of cryptocurrency exchanges so quickly.
A lot of people in the west haven’t heard about Alphacat yet because they are a Chinese project that has largely flown under the radar.
Here is a bit of background information about the project:
Simply put, Alphacat will be the world’s first robot adviser marketplace to focus solely on cryptocurrencies. Their platform consists of robots that utilise both artificial intelligence (AI) and ‘big data’ to predict the future price of specific cryptocurrencies.
The team’s stated goal is to make it easier for anyone to invest in cryptocurrency markets by offering people an easy-to-use advisory service with unrivaled levels of accuracy.
Their AI robots calculate the likelihood that a particular market will increase, and to date, their price prediction for Bitcoin has an accuracy of 60%. At present, there is no other prediction platform on the market with this level of accuracy.
The Alphacat platform will go live in Q3 of this year. To begin with, it will focus solely on Bitcoin but, in time, Alphacat will have price predictions for popular altcoins such as Ethereum, Bitcoin Cash, Litecoin and NEO.
There really is no boundary to the number of markets that this technology can be applied to, however, and the team has stated their plans to add many more altcoins to their platform over time.
This is another step towards Alphacat’s goal to become the dominant force in AI-powered prediction trading. Their incredibly ambitious team will release the potential game-changer prediction platform later this year.
If Alphacat wasn’t on your radar before, this is definitely a project to look out for in 2018.