SingularityNET

With the release of its CGV coin, <a href="https://bit.ly/423c5rl" rel="noopener noreferrer nofollow">Cogito Protocol</a> is presenting an AI-powered solution in the Crypto space that will change the world. This revolution will begin on SingularityDAO, Seedify, GeniusX, and EnjinStarter on June 2nd 2023.The <a href="https://bit.ly/423c5rl" rel="noopener noreferrer nofollow">Cogito protocol</a> provides a framework that creates &#34;tracercoins&#34;, which are digital assets with low volatility. These tracercoins are an entirely new asset class – AI-powered, Fiat Independent and have the potential to become the dominant form of exchange and value storage mechanism.These digital assets are designed to offer stability without being directly correlated to traditional currencies or commodities. Instead, they are linked to non-financial indices that represent human progress, with an example of a GCOIN being pegged to an environmental Green Index.<h2 id="header-0">The Important Details to Know About CGV</h2>The Cogito Protocol is launching the CGV Token Generation Event (TGE) on June 2nd 2023. Sales will start from 29th May 2023 across the various platforms mentioned below. The Cogito Protocol&#39;s governance and utility token, CGV, will enable the community to directly contribute to the roadmap of the project and influence various parameters of tracercoinThe total supply of CGV will follow a predetermined distribution:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c6d110fe912c490eba30fe93f50210aa.jpg" />More detailed information about the TGE and Cogito Tokenomics can be found <a href="https://bit.ly/3OzuZTF" rel="noopener noreferrer nofollow">here</a>.<h2 id="header-1">Disrupting the Crypto Sector with Tracercoins</h2>Cogito is transforming the crypto sector with its innovative tracercoin concept. Tracercoins are digital assets pegged to non-financial indices and maintain their stability through soft pegging.The system consists of a data layer and an AI tool layer, which generate a Green Index. This index tracks positive progress towards a net-zero economy with roughly 1-2% appreciation.GCOIN is the first tracercoin coming from Cogito, and it traces the Green Index on a 1:1 basis.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3819a89aedb84cf9b414bb785cba753c.jpg" />To maintain the peg, Cogito has implemented a mechanism known as the &#39;Capital Adequacy Ratio&#39; that works as a foundation for a number of underlying functions.Extensive financial modeling ensures that the tracercoins offer users stable deposit rewards and are financially stable over the long term.The <a href="https://bit.ly/3MpVJDn" rel="noopener noreferrer nofollow">team&#39;s paper</a> on Academia.edu provides more information and simulations. Through its tracercoins, Cogito is disrupting the crypto sector and providing a much-needed solution to the challenge of price volatility. <a href="https://bit.ly/43n6KvQ" rel="noopener noreferrer nofollow">Check here</a> for more information on the team behind Cogito Protocol.<h2 id="header-2">About Cogito</h2><a href="https://bit.ly/423c5rl" rel="noopener noreferrer nofollow">Cogito Protocol</a> is a spin-off of <a href="https://singularitynet.io/ecosystem/" rel="noopener noreferrer nofollow">SingularityNET</a>, a renowned AI-oriented company. Cogito offers a framework for creating tracercoins, which are a new class of assets that range from low to medium-volatility growth assets. This approach helps attract a diverse, global investor base with a low to medium risk appetite.Cogito applies the highest standards of risk management schedules for regulatory compliance, asset protection, and market integrity. The roadmap has five phases: ecosystem integration, extended portfolio, risk-weighted reserve, multi-chain presence, and use cases outside crypto.By employing SingularityNET&#39;s AI technology, Cogito offers users unparalleled capital deployment and risk management opportunities. Anyone wishing to discover this upcoming project can visit the <a href="https://bit.ly/423c5rl" rel="noopener noreferrer nofollow">team&#39;s website</a>. The social media pages below are also a more than valid source of information.<a href="https://bit.ly/3WqHuCN" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://bit.ly/45reoXT" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://bit.ly/41WgEDP" rel="noopener noreferrer nofollow">Linkedin</a> | <a href="https://bit.ly/3BS8qlA" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://bit.ly/43nf12S" rel="noopener noreferrer nofollow">Discord</a>Enquiries related to Marketing/ Business/ PR, do contact us <a href="https://bit.ly/43l1h91" rel="noopener noreferrer nofollow">here</a>.Press release: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Cogito announces New Digital Asset Class - Propelling Crypto into a New Era with AI

Table of Contents

Crypto Adventure

Other articles published on May 24, 2023

🗒 Daily Newsletter | Wednesday, May 24, 2023

Introducing FART COIN: The Game Cryptocurrency Designed to Attract Luck!

IOSCO Unveils First Global Approach to Crypto Asset Regulation

Crypto and Tech Professionals Gather for Cyberchain's Port Harcourt Workshop.

How Can Blockchain Help Fitness, Health, and Wellness Enthusiasts?

Analyst Predicts Possibilities of Litecoin Surging by 490% in the Next Bull Run

Join our free newsletter for daily crypto updates!