AICOIN: An ALT coin with immediate value

AICOIN is designed to benefit both token holders and the blockchain business community. It is a tokenized investment pool that delivers revenue from two different but complementary profit streams.

Stage 1: Cryptocurrency trading

First Global has been working with a talented team of artificial intelligence developers to create a cryptocurrency trading strategy based on a series of models that profitably trade the 8 cryptocurrencies with the highest market cap. The live trading results from the development period can be viewed on the developer’s blog site – ouraibot.org. Every week we publish a formal valuation report on the AICoin blog. You can also review a performance chart.

One hundred percent of the close to $3m dollars generated through the ICO (minus $20,000 needed to start the Singapore based asset holding company) are being used to execute a strategy based on the trading decisions of the artificial intelligence models. Then, to insure the best possible entry price for positions, we will use the existing First Global Credit hedging software to distribute orders across a range of exchanges.

Forty percent of the trading profits are allocated back to the trading pool to increase trade volume and profit. But it is the allocation of the other half of the profits that make the AI∙COIN a truly unique enterprise with outstanding growth potential.

Stage 2: Public blockchain and AI start-up investment

Every quarter, 50% of that quarter’s trading profits will be allocated to an investment pool designated to fund an equity stake in an early stage public blockchain or AI start-up. The decision which company to invest in will be made by coin holder vote. This leverages off ‘The Wisdom of the Crowd’ theory that allows us to benefit from the experience, expertise and knowledge of coin holders to make the best choices about which companies to take a position in.

A Singapore based holding company holds all assets for the benefit of The AICOIN Collective. The Collective will also make key decisions to drive the investment pools towards profitabiity.

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