Artificial Intelligence (also known as AI) is one of the hypest technologies of nowadays. It is widely used (or tried to be used) in all field of industry and all sides of human life. From the chatbots, created for fun, to a complex systems, that are developed and supported by large teams of professionals, and being used for specific tasks. Mirocana definitely refers to the second type.
What is Mirocana?
Mirocana is a complex, self-learning system based on neural networks deep training and other modern models of machine learning, which predicts the stock market, currency and cryptocurrency pairs. Mirocana is a decentralized AI-based investment platform powered by the platform’s cryptocurrency, MIRO tokens. Mirocana, which is also a predictions marketplace and a crowd-based investment information platform, promises to help investors make money by using the best trading strategies available to them.
Mirocana can be described as a framework that helps the team to create new, highly-efficient trading strategies based on chart patterns of the market.
Mirocana's actions are based on the strategies. It expends the strategies' database constantly because the more strategies system has, the more accurate the market predictions of the platform. It can be described as a constantly learning brain. Mirocana does not directly deposit customers funds into their own accounts. Mirocana connects to an existing broker or exchange account using an access key, and manages funds of customers over there; the company does not have any rights at all to withdraw your money.
In addition to that, Mirocana has a tiered-access system which depends on the number of MIRO tokens you hold. By holding certain numbers of MIRO tokens, you’ll gain access to Mirocana’s three market-specific investment products. Each product uses Mirocana’s AI-powered predictive engine to help grow your portfolio and bring profits to you.
Mirocana's team is developing the line of products. Let's learn more about them.
The Mirocana Stock Market
The Mirocana stock market system is able to predict over 400 stocks on the NYSE and NASDAQ exchanges as well as interact with most online brokers. The platform is then able to connect their system to clients broker account and start managing your funds on your behalf. The rate of return that system will generate highly depends on the accuracy of the system’s predictions. You do, however, have the option to control your risks and set a target return of 5%-100% annually. This product will only be available to the top 200 MIRO token holders after the end of the token sale. To gain access to this product after the token sale, users will need to have at least $5 million in their interactive brokers account to use it.
The Mirocana Currency Market
The Mirocana currency market system supports 125 currency pairs and is supported by OANDA, a forex broker. You’ll need to have at least 10,000 MIRO tokens after the token sale to access this service. For users who want to use this market after the token sale, they’ll need to have at least 30,000 MIRO tokens before getting access.
The Mirocana Cryptocurrency Market
This Mirocana's system works with 90 cryptocurrency pairs listed on the popular exchanges Poloniex and Bittrex. It buys and sells coins on your behalf based on Mirocana’s predictions. For the cryptocurrency market, you’ll need a minimum of 5,000 MIRO tokens to access this product. Mirocana will use Bitcoin as a benchmark and hedging asset for the crypto market.
Background-wise, Mirocana is a Russian-based Fintech platform developed by Mirocana Research Group, a well-known community of more than 70 experienced data scientists, mathematicians, and quantitative analysts which shows the strength of the team behind this project.
Additional Mirocana products
In addition to the three investment products listed above, Mirocana also has three separate products and platforms available, including:
- Mirocana Alpha
- Mirocana Alpha is a web platform where anyone with basic data coding skills will be able to create, test and evaluate their own strategy in the platform and get paid in MIRO tokens.
- Mirocana Sigma
- Sigma is a web platform where data scientists or investment advisors can create and validate their own prediction models. The company plans to hold tournaments and reward the top performers of Sigma.
- Mirocana Target
- Target is a web platform where Mirocana uses neural nets and AI to predict the success of future ICOs based on data from past projects as well as user forecasts.
- It also an advanced ICO analytics platform powered by artificial intelligence and hundreds of experts and analysts where users can check the ratings of each ICO to determine if they want to invest or not.
Token Sale information
The Mirocana ICO had already started. At the moment of press, 1846 ETH was raised for only three days.
- Token name: MIRO
- Token base: Ethereum (ERC-20 compliant)
- Token supply: 200,000,000
- Token sale duration: 19th of November, 2017 to the 19th of December, 2017
- Token sale target: 130,000 ETH
- Token exchange rate: 1 MIRO = 0.001 ETH
- Mirocana’s Website
- Mirocana’s whitepaper