GNY.io $GNY Report
Token Symbol: GNY Website: WWW.GNY.IO
GNY started in New York in 2016 with a mission to unlock the hidden value in data. We built a machine learning platform that takes multiple data sources, organizes them, in order to find hidden “fingerpints” that predict future behavior. We decentralized our process on the blockchain in order to democratize access to ML functions and tools, and transform the ML data services market through GNYDataplace. GNY provides access to state-of-the-art ML tools through our Mainnet which also provides developers all the tools to build their DPOS applications. This one pager will bring you through our proprietary technologies, unique services, market perspective, and all the useful links needed to learn more.
Our proprietary technologies include a state-of-the-art ML engine, that users have access through both on-chain plug-n-play tools and server based analysis. GNY is the first company to bring ML functionalities fully-on chain for the most secure way to process data and utilize predictions. We currently have a handful of ML plug-n-play algorithms decentralized for on-chain deployment, and we will grow that list based on community suggestions.
Our Mainnet launches this Winter and users will be able to launch their own tokens, create a webpage interface with our blockchain backend, and integrate plug-n-play and custom ML integrations. Later in 2021 our Mainnet will also support crosschain interoperability, and we will decentralize the entire GNY server ML engine onto our mainchain. More on our technical timeline here: https://www.gny.io/technical
In Spring 2021 GNY is going to launch our Dataplace – a decentralized data marketplace to monetize datasets, ML functions, predictions and ML expertise. Dataplace provides a community driven environment to invest in ML creation, driving both powerful results and revenue from successful Projects. More on the Dataplace here: https://www.gny.io/post/introducing-gny-dataplace.
GNY tokens are now available to trade via the Uniswap decentralised exchange.
Then simply add the following GNY token contract and you are ready to trade: 0xb1f871ae9462f1b2c6826e88a7827e76f86751d4
You can easily check out the GNY token position on Uniswap with the dextools explorer: https://www.dextools.io/app/uniswap/pair-explorer/0x8da66b6e90cac30db0dce239086cfdb2dbf66a30
Please favorite GNY on it.
GNY can be found on coinmarketcap and Coingeko under these links:
GNY’s Token contract can be found on Etherscan here:
GNY’s Github can be found here:
Further explore your GNY token purchase & trading options on other exchanges by visiting:
The GNY Token Is A Utility Token.
It essentially powers all the actions within our secure and scalable platform.
These utility tokens in the required quantities allow their holders the right to:
- Access the tools and services of the GNY network. Accessing the GNY network covers everything from launching your own cryptographic tokens, decentralized applications (DApps), and sidechain projects, to utilising our commercial grade machine learning directly on chain to unlock new patterns in your data.
- Fund the data projects from our data producers within the GNY DATAplace. Future sales of the Data Producer’s raw data and predictions creates a revenue stream of GNY tokens for the Data Producer and the Data Funders of the initial venture pool. The Data Producer and Provider will receive 45% of future revenue, the original group of funders will receive 50% to be paid out according to their investment percentage, and GNY will take a 5% fee.
- To obtain the advantage of voting for the node operators that secure the GNY network. Node operators will often incentivise voters by sharing a portion of their forging rewards with their voters.
- Become a delegate who stands for election as a node operator. All transaction fees on the network will return to the operators of the nodes securing the network. Plus all machine learning functionality token cost required to operate the ML system will return to the node operators.
The GNY blockchain runs on a delegated Proof of Stake (DPoS) consensus algorithm. This consensus method was selected by the GNY project team as it is democratic (token holders vote for up to 101 delegates that will secure the network on their behalf), and because it is scalable, being able to process more transactions per second than many other consensus algorithms.
GNY token holders who are prospective node operators will be required to signal ownership of 187500 GNY tokens. They will be required to signal ownership of the tokens in their wallet and on confirmation of making voting position the tokens will lock. Delegates can unlock tokens at any time instantly removing themselves from delegate position.