AI Crypto Signals Platform yPredict Secures $3.6 Million for Newcomer-Friendly Ecosystem – How Does it Work?

cryptonews.com:

In the past, adventurers and opportunists raced to uncharted territories with hopes of striking gold. Their quests, driven by the appeal of riches, shaped the course of history. Today, while there may not be as many literal gold mines to discover, there's an undeniable surge in the quest for technological gold. One modern-day gold rush is centered around the development of advanced financial prediction tools, powered by artificial intelligence.

While it's not the sole player in this contemporary rush for riches, yPredict is making its mark. The platform, with a team comprising AI/ML experts, traders, and quantitative analysts, is working on reshaping financial forecasting by providing trading tools that offer both precision and sophistication.

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The recent securing of $3.6 million for their platform's native token, $YPRED, is proof to the potential stakeholders see in yPredict. The token, which operates on the Polygon chain, not only provides utility but also introduces staking opportunities.

yPredict offers advanced analytical tools that process alternate data to deliver insights, assisting users in making informed trading choices. One standout feature is the prediction marketplace. The marketplace will allow financial data scientists to share the results of their predictive models through a monthly subscription service, democratizing access to data-driven insights.

Interestingly, yPredict doesn't solely rely on cutting-edge AI models. It incorporates the ARIMA model, a statistical tool from the 1970s, to predict Ethereum prices. This model, with its three components – autoregressive, moving average, and integration – has been historically effective in various sectors, including finance and meteorology.

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