Introduction

In the exciting and ever-changing world of trade, information is the name of the game. For centuries, the most successful traders have always been the ones with the most accurate and timely information at their fingertips. Over time, the methods and means of obtaining this vital information have evolved, with the advent of advanced mathematical models paving the way for dramatic changes in the global financial markets.

Enter algorithmic trading, a cutting-edge system that harnesses the power of analytical prowess and data-driven insights to make critical transactional decisions in the financial markets. Yet, while adopting these “algos” has led to countless success stories, it has also left many traders wary of committing to this new approach. In the past, the consequences of an incorrect prediction could result in irreversible losses.

Thankfully, yPredict.ai is here to bridge the gap, offering a streamlined and reliable approach to accessing data-driven insights, proven analytical metrics, and a unique prediction marketplace. This new platform empowers financial data scientists to offer their predictive models as a monthly subscription service, providing a game-changing solution that the trading world has eagerly awaited for years. In this article, we dive deeper into this innovative solution and the unique features of yPredict.ai.

What is yPredict.ai (YPRED)?

Source: yPredict.ai

yPredict.ai is a polygon blockchain-based ecosystem of artificial intelligence (AI) and machine learning (ML) experts, financial quants, and traders. Led by a team of experienced personnel in trading, software development, and machine learning, it offers a range of products designed to provide insights through state-of-the-art financial prediction methods and metrics built with alternate data to make wise trading decisions.

Source: yPredict.ai

It’s not just a trading platform, but also provides traders and investors access to dozens of AI-powered signals, breakouts, pattern recognition, and social/news sentiment features. Thus, expanding its scope beyond trading, it has developed two content creation tools, a Backlink Calculator and a Writing Assistant. Additionally, yPredict.ai has been audited & verified by CoinSult.

Brief History

Initially founded as Alpha Trades in 2022. It was rebranded as yPredict in the first quarter of 2023. Shortly after, it rolled out its initial three presale rounds and, by the third quarter of 2023, it introduced its first analytic tool, the Backlink Calculator. Following successful rounds of token presale, the presale program will end on October 1, 2023. yPredict is working on further product developments and is expected to launch by the first quarter of 2024.

Source: yPredict.ai

Founders

The founders of yPredict are a team of top-notch developers, boasting an impressive portfolio, which includes three individuals with PhDs.

Headed by Raj Sharma, the founder of Renske Technologies Inc. Raj has created and distributed robust software solutions, catering to a large consumer base.

Source: yPredict.ai

Chirag Purohit is the Chief of Technology, a software developer with 12 years of experience in the tech industry, Sirojiddin Nuriev spearheads the AI division with a background in machine learning and deep learning. Others include Haidar Ali, an experienced blockchain developer, and Muhammad Hashim heading the UI/UX department.

How Does yPredict.ai Work?

Source: yPredict.ai

yPredict operates as a decentralized marketplace for price prediction and analytic tools created by data analysts, and AI/ML engineers and offered to traders as a subscription. Each new model will be verified by DAO members before it is offered on the platform for a subscription. This trial-based model of vetting new models prevents the sale of poor-quality models.

Led by a team of top data scientists, pro traders, and financial analysts, it is committed to developing analytical tools in-house. However, yPredict doesn’t limit itself, recognizing the vast talent pool in the tech world, it actively encourages developers and data scientists to contribute by selling their predictive models on the platform. This not only broadens the scope of available tools but also creates a dynamic and ever-evolving repository of predictive models.

Understanding that one size doesn’t fit all, yPredict employs a tier-based business model. This means that tools and services are offered at different levels, each with its own pricing and set of features. This approach allows for inclusivity, catering to both high-end traders and those just starting.

yPredict.ai Ecosystem

yPredict.ai DAO

The process of model listing and delisting on the marketplace is governed by the yPredict.ai decentralized autonomous organization (DAO), where YPRED token holders cast their votes, determining the future of each model. By incorporating the DAO governance mechanism for model submissions, yPredict ensures top-grade analytical services on its platforms which can draw in more traders, investors, and fellow developers.

Earn

Developers are rewarded with YPRED tokens for listing their model results as a monthly subscription product. 70% of the subscription payment goes to the developer behind the model. To ensure price stability, these YPRED tokens are then held for a 30-day lock-in period.

On the other hand, regular users (traders) are incentivized to participate actively on the platform. They’re encouraged to cast votes in the marketplace, join loyalty initiatives, and partake in revenue-sharing staking pools for passive income generation. Unlike many staking pools, yPredict’s pool doesn’t draw from a set token supply. Instead, its liquidity is sourced from 10% of the platform’s deposits, which keeps its returns on a consistent growth trajectory.

Market Prediction Platform

Source: yPredict.ai

yPredict.ai Market Predictions platform is a free platform to check coins/securities price predictions at no cost. These forecasts are generated by in-house prediction algorithms and chosen developer models from the marketplace. yPredict aims to highlight the vast potential of AI and ML tools for price trend analysis, setting itself apart from many financial services that provide predictions without transparency about their sources, methods, or authenticity.

This platform was designed to generate traffic to the broader yPredict ecosystem, giving visitors a preview of the core services yPredict offers, like analytics and marketplace.

yPredict Analytics

Source: yPredict.ai

The yPredict Analytics is a freemium feature operating on a three-tiered membership model: free, active, and pro trader.

yPredict Analytics offers solutions with features like:

• Pattern Recognition: Automatically detects over 100 chart patterns. When a new pattern emerges, the tool sends an alert, identifying the pattern and its confidence score. This score is computed based on pattern performance in recent data.
• Sentiment Analysis: Gauges the overall sentiment from news and social media that mention the asset name or symbol under scrutiny.
• Indicator Analysis: Assess hundreds of technical indicators for each asset and highlight only effective indicators based on recent market data.
• Transaction Analysis: Delves deep into transactional data for every asset, crafting metrics that offer data-driven insights.

yPredict Marketplace

Source: yPredict.ai

yPredict Marketplace bridges the gap between AI/ML developers and traders through the following features:

• Developers can showcase their predictive model results as subscription-based services.
• Traders and investors can subscribe to these models monthly.
• The outcomes from these models are seamlessly delivered in real-time via the yPredict platform.
• This setup provides developers with a chance to earn passively, without having to engage in trading activities.
• For traders, it’s a buffet of predictive models, allowing them to subscribe to ones that align with their interests.

yPredict Marketplace proposes to charge a marketplace fee of 20% on the subscription price. Of the remaining, YPRED token holders receive 10%, and the developer takes home 70% (before taxes).

yPredict Terminal

The yPredict Terminal is driven by the desire to develop an elite trading platform catered to the needs of professional traders. Tailored for quick, streamlined, and advanced trade executions, it recognizes the importance of speed, a variety of order types, and order expiration. The platform is integrated with special charts that are compatible with both yPredict analytics and the marketplace. A standout feature of the Terminal is its capability to place immediate orders upon receiving a trading signal alert. The Terminal aims to generate revenue through swap fees.

yPredict Backlink Calculator

Source: yPredict.ai

yPredict Backlink Calculator was trained on over 100m links to predict the exact backlink profile your URL needs to rank for the desired keyword. It’s a predictive model that analyzes various factors and estimates the optimal number of backlinks required for a URL to achieve the coveted top ranking on Google.

Considering the competitiveness of the desired keyword and the current ranking landscape, it provides valuable insight to help enhance link-building strategies and improve search engine visibility.

yPredict Data Repository

A data repository is a tool that collects, stores, and helps analyze data. yPredict is yet to release details of its data repository.

Is yPredict a Good Investment?

yPredict is developing solutions for traders and developers. Its unique offerings solve real-world issues of unreliable and hard-to-verify analytic tools. yPredict increased its visibility by featuring on top crypto blogs, contributing to its impressive traction at presale rounds. With almost $4 million raised at presale rounds in record time, investors believe in the project, putting their money where it could solve real problems.

However, like any investment, investing in yPredict carries certain risks, including the volatility of the cryptocurrency market and potential regulatory changes. Investors should always do their own research and assess their risk tolerance before investing in any cryptocurrency. It’s important to remember that investing in yPredict or any other crypto project, does not guarantee a profit and could result in a capital loss.

What is yPredict Token (YPRED)?

Source: yPredict.ai

YPRED token is the native utility token of the yPredict ecosystem. The YPRED token incentivizes developers to offer their predictive models on the platform. Traders can use them to purchase subscriptions to these predictive models listed on the platform and get real-time signals through these models.

YPRED tokens also give them free access to the yPredict Analytics platform and promise high APY staking reward pools. Unlike most staking pools, it doesn’t have fixed liquidity from an allocated token supply. The Source of liquidity for these pools is 10% of each new user’s YPRED deposit which keeps APYs relatively stable.

Proposed Tokenomics

Source: yPredict.ai

From a total supply of 100 million tokens, 80% have been offered at eight presale rounds, 10% will be allocated to liquidity provision, with 5% serving locked in treasury and the remaining 5% contributed to the development of the ecosystem.

Highlights

Presale

As of September 19, 2023, the platform’s utility token, $YPRED, has already hit a significant milestone by raising over $3.5 million, with over 20,000+ on the platform’s waiting list, showing traders’ growing faith in yPredict.

yPredict WriteMingle

Source: yPredict.ai

Broadening its scope as an AI toolbox, yPredict presents WriteMingle, a writing assistant, plagiarism checker, and SEO optimization tool. “We are thrilled to get WriteMingle into the hands of beta testers,” said yPredict CEO Raj Sharma. “Our goal with WriteMingle is to allow people to focus on big picture content strategy and creation while letting AI handle the time-consuming busy work like proofreading and SEO optimization.” Currently, the WriteMingle beta version is exclusive to yPredict presale participants for free.