MAGOS : EDGE - SEEKING ORACLE
With the development of technology more and more fasiitas easiness obtained for all purposes of course in accordance with the needs to be achieved to realize various kinds of desire. One of the developments in analyzing the market more and more variety. And this time a site offers a sharp market analysis to capital market players or trade through cyberspace by selling token based on Cryptocurrency.
The following is a platform that may be a reference in conducting transactions with crypto.
What is Magos?
MAGOS is a complex forecasting model based on a system of five Neural Networks. Each network has its own purpose and its powers combined with the ability to predict outcomes of events with high accuracy, outperforming the crowd. The backbone of MAGOS is modular architecture that supports upgrades and development of new features.
What is a Neural Network?
A Neural Network can be described as a software simulation of a biological brain, with a purpose to learn to recognize patterns in big data. Once the network has been trained on data samples, it can make predictions by detecting similar patterns in future data. Because of it's ability to learn, Neural Network can be called true Artificial Intelligence, or AI.
Our vision
MAGOS will be generating profits by applying forecasting to various domains on multiple platforms. All the profits will be transferred into the Ethereum smart contract with the following distribution:
85% to the token holders
10% re-invested back into the MAGOS fund
5% used for the operating expenses
The new token functionality in the MAGOS: Initiate release will allow token holders to vote on profit distribution changes.
At the beginning stages, the MAGOS will operate on sportsbooks and conventional prediction markets.
In early 2018, MAGOS will expand to Decentralized Ethereum-based prediction markets, like Gnosis, Augur, and Stox.
Going into the second half of 2018, and the release of a Melonport, a new decentralized version of MAGOS fund will be deployed on the Ethereum blockchain. By using Melon protocol, we will be able to setup a fully auditable and transparent fund, with the open performance tracking. MAGOS forecasts into the growth of the predominance of the market in the prediction market and asset management space.
Our main focus in 2019 will be the release of Oraculum portal. It will allow everyone to purchase MAGOS, and apply it's forecasting power to the events of their choice. All payments will go into the smart contract and distributed accordingly.
Tokens
What are MAG token and what's their purpose?
MAG is ERC-20 token on Ethereum blockchain. It can be used in both active and passive way. Token holders will receive dividends from all the fund operations, and can use the token voting mechanism to change various parameters within MAGOS, including profit distribution.
A little overview of this article about projects that are being run by companies that have long been competent in their fields and are now making new breakthroughs to facilitate market participants in analyzing trade transactions.
And it can all be a clue when performing analysis to achieve the expected profit so as to avoid the big losses because all will be exposed clearly when we follow the program that will be developed by MAGOS.
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