yPredict is a crypto research platform that harnesses the power of artificial intelligence to provide users with data-driven insights and analytical metrics, empowering them to make more informed trading decisions. By providing access to comprehensive market analytics, market research, and price prediction tools, yPredict aims to revolutionize the way crypto traders approach the market.
At the heart of the yPredict ecosystem is the YPRED utility token, with a total supply of 100 million tokens, of which 80% are allocated to the presale.
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yPredict is presented as a next-gen trading research and analysis platform that uses artificial intelligence to generate data-driven insights for both new and experienced crypto traders. It scans and trains on a massive set of data points, including ghost patterns, sentiment analysis, technical analysis, blockchain transactions, and alternative data, to generate trading signals.
According to the project's documentation, yPredict's mission is to build a platform that uses AI to predict crypto prices and provide analytics.
The $YPRED token is the core of the yPredict system, which aims to develop cutting-edge AI tools for a variety of industries.
As stated in the project's whitepaper, $YPRED token holders can:
Other products under development, including Predictions, Analytics, Repository, Terminal, and Marketplace, are scheduled to launch in 2023-24.
While yPredict presents itself as an innovative platform with promising potential, it is crucial to acknowledge certain red flags spotted by our team that warrant further scrutiny:
Unusual Taxation Model: The proposed taxation model for buy and sell transactions imposes unusually high fees on any token fluctuation, potentially discouraging participation in the token sale event.
The yPredict airdrop provides a guaranteed reward of 111 $YPRED (~ $5) for completing predefined tasks and an additional 22 $YPRED (~ $1) for each successful referral. This airdrop is designed to reward early adopters and those who actively promote the project.
Guaranteed 4000 winners:
If a participant's entry is accepted, the rewards will be directly allocated to their wallet address on December 20th, 2022. These rewards will be unlocked at the time of the TGE, allowing participants to claim them through the yPredict DApp.
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