Wisdom of the crowd for all
SnapBots develop a community of buy or build financial Bots and humans that seeks to maintain a self-sustaining Bot economy. SnapBots can leverage from the human community to crowdsourcing their knowledge for certain situations. The crowdsourcing activities help the Bots to learn extremely fast, optimize conditions and generate solutions.
SnapBots represents a community of artificial intelligence powered financial Bots designed to help everyone work better in financial industry.
SnapBots are created on Snap Protocol. These Bots can build AI with shared resources. Existing Bots can help our community in various financial activities including Trading, Wealth Robo Advisor, Trading Chart patterns, Market Sentiments and many more.
With more Bots developed, there will be numerous opportunities to develop financial projects and use cases for our community.
Snap Reserves - Crypto Pool Reserves
Snap Reserves is the cryptocurrency reserves of our eco-system. They are formed by a basket of cryptocurrencies such as BTC, ETH, LTC and USDT. These reserves are used to grow the community and support Bots development. The crypto currency in the reserves will be shared equally amongst all the SNAP (Snapbots token) if Snapbots project stops one day.
Snap Reserves is self-sustaining as it is supported by its own economy. It will keep each SNAP (Snapbots Token) increasingly valuable through their crypto accumulation and decreasing supply of SNAP (Snap Token).
When SnapBots to generate profitable strategies for Snap Reserves, the overall value of the crypto reserves will be increased over time while SNAP (Snap Token) will be decreased (Burned) through the usage. The token holders can earn by holding more valuable SNAP (Snap Token).
Managed by Snap Innovations
Snap Innovations is an AI research firm based in Singapore with 9 regional offices (China, India, Vietnam, Malaysia, Dubai, Thailand, Indonesia, Australia, United States) that aims to develop bleeding edge AI. More specifically, we are driven by our focus on fields of machine learning and deep learning. We are on a mission to discover novelty in doing things. Our long-term vision constitutes an overarching goal devising AI solution for multiple fields with the incorporation of big data.
Additionally, we are willing to listen and contribute to projects related to Quantum Computing and Blockchain. These are areas that are deeply related to how we would like world and bring about a better future.
Our Research Team
Constant Appreciating Reserves
SnapBots will seek to increase the reserves in Snap Reserves with its Bots engaging in activities through their AI capabilities.
Some of the Bots will burn SNAP through usage. For example, we can charge a certain number of SNAP for usage of chart pattern or Wealth Advisory Bots. This will reduce the total number of Tokens in distribution.
Our crypto trading Bots will earn rewards while performing their tasks, if they detect any opportunities. These rewards will contribute to the pool backing Snap Reserves
Crypto Value growth
Value of Token = Total Reserves / Total # of Tokens
SNAP holders can gain in 3 ways over time:
- Increase in Crypto Value of the tokens
- With increased usages of tokens
- Increase people will want to buy & hold it