AUTONIO Business Model & Features
The efficacy of AI has already been proven. We now have AI being used in a range of supportive
technologies from security to medical research, natural disaster prediction and agriculture. Deep
learning models are utilized to predict consumer behavior, traffic flow in urban centers, and
Google’s AI AlphaGo bested World Go champion Lee Sedol in four out of five matches last
year, a feat that until very recently was considered impossible.
AUTONIO is the first decentralized AI-powered trading robots that deploys years of knowledge
gained from Wall Street’s automated high frequency trading (HFT) industry making use of
market indicators to analyze cryptocurrency trends in order to generate buy/sell signals and
execute trades. Mimicking strategies honed by some of the biggest players on Wall Street,
AUTONIO believes cryptocurrencies are a new class of assets ripe for conquering with
intelligent machine learning algorithms and neural networks.
Trading bots or algorithmic trading is a technique that uses pre-programmed software that
analyzes market actions, such
as time, price, orders, and
volume.
Within the cryptocurrencytrading
arena, AI trading is
still in its infancy. It either
requires expensive
membership and/or additional
coding experience. Autonio is
distinctly different from the
existing trading tools like
Btcrobot, Cryptotrader,
Haasonline, Cryptoping,
Gekko, Zenbot, Tradewave.
http://www.btcrobot.com is a
Clickbank sales
product, https://cryptoping.te
ch did an ICO and raised $2.5
million for providing
trading signals as SMS, and
all others are old products
with paid subscription model,
which charges 200 to 500
USD a month per user.
Tokens & Coin Distribution
Our tokens will be of a standardized ERC20 form, so they can easily be integrated or displayable
for any other party who wishes to do so. All of this code will be publicly available in our
repositories and can be audited by anyone who wishes to do so.
When the NIO Token sale completes successfully, the NIO Tokens will be enabled for transfer
among the members instantly. Tokens can be pre-purchased through the ICO site, or earned
through a series of bonus / bounty / referral programs or via the AUTONIO platform. The funds
become available to AUTONIO under the milestones described under 'Project Funds Release'.
To promote trust in the AUTONIO project and to execute a successful Token sale we have
established an escrow arrangement using Ethereum Multisig wallet. NIO tokens will be
eventually listed on several of the cyptocurrency exchanges for trading.
Ether Multisig Wallet: We will be using standard Ethereum Multisig wallet contract created
through the Ethereum/Mist Wallet. We’ll use a trusted escrow servic
Use of Funds:
The proceeds of the funds raised will be used to deliver on our goal of making cryptocurrency
trading exciting and profitable to users of any level of experience from novices to experts, by
using advance AI algorithms, and eventually move crypto trading towards the path of a
decentralized and autonomous system that becomes a truly “fire-and-forget” system. This will
entail allocating funds in the following 3 major categories:
1. Human resources: Our existing team needs to be expanded to deliver on our development
roadmap. This will consume 60-65% of the budget.
2. Marketing Resources: 20-25% of the budget will go towards creation of marketing resources
that include content creation and manpower to drive AUTONIO user base and boost brand
awareness via appropriate channels.
3. Administrative Overheads: 15-20% of the budget will cover administration, legal and other
operating expenses.
Token Sale Period: September 22nd
, 2017 at 00:00 CST – 22ndOctober at 00:00 CST
Ticker: NIO
Total Supply: 256,000,000 NIO
Platform: Ethereum
Hard Cap: $10,000,000
Crowd-Sale: 179,200,000 NIO
Founding Team: 38,400,000 NIO
Partners: 25,600,000 NIO
Bounty Program: 12,800,000 NIO
Conclusion
There are 1025 different coins listed on different cryptocurrency exchanges. Coins that are
backed by some unique concepts with significant future earning potential are few and far
between. The efficiency of Autonio and the disruptive platform it creates making buying, selling
or leasing of trading strategies possible in exchange for NIO tokens all but ensures its position in
the market. The interdependence of the token and the tech adds huge value to NIO. Although
there’s no way to assess or make future predictions on how a cryptocurrency trades in future, it’s
underlying business model, and the importance to it could be a good way to make a fair
evaluation.
Cryptocurrency trading involves many risks, one of which is making the wrong decision. Wrong
decisions are mostly coming out of human emotions. An AI trading robot, built on machine
learning algorithm, is devoid of those human weaknesses, such as, impatience, fear, greed, and
latency. The ability to execute millions of trades per day based on the machine-learned
intelligence of the cryptocurrency market, without the hindrances of human emotions, boosts the
ability of the robot to quickly turn around profits from each trade. Although, such high-frequency
trading (HFT) makes tiny bit of profit on each individual trade, but done thousands of times a
day it accumulates above average return to the investor. AUTONIO’s algorithm also tracks
market bugs and system inefficiencies with speeds that beat other trading bots. Further we will
hire quants to program advanced AI trading strategies for our users.
Currently there is nothing that can rival Autonio with the function and its ease in question. It
doesn’t require expensive monthly payments unlike the inefficient and inconsistent options. It
works even when you sleep constantly doing its best to generate revenues.
In addition to our executive team, we expect to further increase our team by cooperating with the
best external experts and consultants on the market for legal compliance (blockchain & financial
market), crowdfunding procedure, general business development, and digital marketing
Find more about Autonio here:
Website - www.auton.io
Discord - discord.gg/qk9VgU6
Telegram – t.me/Autonio
Bitcoin talk - https://bitcointalk.org/index.php?topic=2138049.0
Twitter - https://mobile.twitter.com/AI_Autonio
Facebook - https://www.facebook.com/AIAutonio/
Steemit - https://steemit.com/@rahemanali
youtube – https://www.youtube.com/channel/UC_kNKpf_OzZE16G7qhSHExg/featured
Website - www.auton.io
Discord - discord.gg/qk9VgU6
Telegram – t.me/Autonio
Bitcoin talk - https://bitcointalk.org/index.php?topic=2138049.0
Twitter - https://mobile.twitter.com/AI_Autonio
Facebook - https://www.facebook.com/AIAutonio/
Steemit - https://steemit.com/@rahemanali
youtube – https://www.youtube.com/channel/UC_kNKpf_OzZE16G7qhSHExg/featured
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