Magos and Magos Token Sale
![](https://steemitimages.com/0x0/https://www.coinist.io/wp-content/uploads/2017/08/Magos-1.jpg)
- MAGOS -
"Collaboration of Neural Networks.
Tuned for predicting future events with high accuracy"
Technology is improving day by day and with it, our lives are becoming more easier. Day by day latest innovation are happening and each innovations bring something important for us. With the advent of Blockchain technology, many application are coming into existence which are highly secured and transparent.
The latest and most ambitious development in technology is the inception of Artificial Intelligence (A.I.). It holds the key to the future technology. Leading tech companies are developing many A.I.'s for different domains. Like we have recently heard about Tesla. They have come up with their Self-driving cars using A.I. technology. In the same way, Facebook, the leading Social Media Giant, also working on developing it’s own A.I. for improving social media experience.
Now, it can be said that A.I. is the future. If we talk about Blockchain technology, then it is being widely used in many applications currently, especially providing a base for cryptocurrencies to make them more secure and transparent. But now, A.I. has come in Blockchain technology to provide a platform or an architecture to forecast the predictions in multiple real life domains like Sports, Weather, Business, Stocks, Trading and many more.
This architecture name is MAGOS
MAGOS Overview
![](https://steemitimages.com/0x0/http://ico.newsbtc.com/wp-content/uploads/job-manager-uploads/featured_image/2017/08/f-image-2.png)
MAGOS is a complex architecture which works on Neural Network to learn about the a specific field where it is implemented and make meaningful predictions about it. MAGOS is basically a forecasting model which uses it’s own Neural Network, a basic A.I. which understands a particular data and learn to excel that data, then make meaningful forecasting about future outcomes related to that field.
For Example: If MAGOS architecture is implemented in Stock or Crypto currency trading, then using it’s neural network which actually works like a human brain, it’ll understand the trading data it has been provided and learn to excel in it. After that, MAGOS can make reasonable future predictions and forecast about the Trading market.
MAGOS promises the high accuracy, more than individuals or complex systems. It runs on it’s own A.I. protocols and can expand it’s reach to every prediction market. MAGOS created a fund on Ethereum Blockchain and all the profits gets distributed to MAGOS token holders as per their vesting interest.
How MAGOS Makes Profits ?
MAGOS generate profits by applying forecasting and predictions to various domains and multiple online platforms. After doing so, all the profits generated will be transferred to MAGOS fund, which is created by this Architecture and from there it will be distributed as follows:
- 85% percent to the MAGOS token holders.
- 10% Re-invested back into the MAGOS fund.
- 5% will be used to meet operating expenses.
MAGOS tokens also provides the right to it’s holders to vote on the profit distribution percentage. Also it bears the right to profit sharing as I have mentioned above.
MAGOS Near Future Implementation
MAGOS will work initially on the sportsbook and conventional prediction markets. But soon in early 2018, MAGOS will expand to Decentralized Ethereum based prediction markets like Gnosis, Augur and STOX platforms. Future prediction market has a bright future and huge potential to gain profit and help people to monetize their prediction knowledge or experience.
As we already know about Betting which is a core factor of many decentralized applications right now, growing rapidly and people are making demands for the applications which can deal with prediction market. MAGOS will be a leading architecture on which majority of other Platforms will be based in the near future because of it’s Neural Network model which actually can be considered as true Artificial Intelligence.
MAGOS (MAG) Tokens
![](https://steemitimages.com/0x0/https://magos.io/wp-content/uploads/2017/05/tokens.png)
MAG tokens can be obtained through the pre - ICO or Main ICO sale of MAGOS. MAG tokens provides 2 unique rights to their users.
- The Voting Right
- The Profit Distribution right within the MAGOS fund.
MAG tokens are ERC-20 on Ethereum Blockchain. The total supply of MAG tokens are 50,123,377 and no other tokens will ever be created after it’s main ICO crowdsale.
MAGOS ICO Crowd Sale
![](https://steemitimages.com/DQmbgNNkqTttYtrUFUSrKorBqowBn7Lkcp4651fF437rtfr/magossoso.png)
MAGOS ICO sale is live right now and getting huge response from all the investors. All the deposits will be made in ETH or BTC and all the tokens which be received by an Investor can be stored in Ether wallet until it becomes tradable after the conclusion of Token sale.
1 BTC = 27738 MAG
1 ETH = 1995 MAG
Let's open your browser and join the biggest crowdsale.
Check Our Offical Website. :
Join Magos On Slack :
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Follow Magos On Facebook. : https://m.facebook.com/MAGOS.io/
Join our Telegram Account. : https://t.me/MAGOS_network
Follow Magos On Medium : https://medium.com/@MAGOS?source=linkShare-627c111c8d20-1504935500
![Magos](https://magos.io/wp-content/uploads/2017/06/MAGOS_Logo.png)
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