Robo-advisor dedicated to cryptocurrencies and digital assets RoboAdvisorCoin has launched its ICO.
The ICO is set to begin on 24th November and has a hard cap of 100,000 ETH and a minimum cap of 3,000 ETH. If the soft cap is not met across the 30 days the sale is active, then all subscribed ETH will be returned to each contributor.
RoboAdvisorCoin helps to create real-time forecasts and statistical analyses for the cryptocurrency and digital asset markets. The AI solution RAC is based on has produced daily reports and forecasts for more than 1,200 cryptos and tokens, to generate an automated original source of information.
The solution is able to create a personalised portfolio of preferred cryptocurrencies and digital assets, as well as utilise machine learning algorithms to build reliable, personalised predictions and performance measures of tokens.
Following the close of the RAC token holders will be able to access the platforms services in exchange for the coins. Forecasting solutions are only available through the use of RAC tokens.
The company is currently in the process of a ‘bounty program’, which allows users to earn RAC tokens by participating in a range of activities. The campaign is set on four separate websites, Bitcointalk, Twitter, Blog and YouTube, with each consisting of different tasks.
This week has seen a variety of different cryptocurrency companies raise capital. Earlier today, Indonesia-based cryptocurrency exchange Bitcoin.co.id has closed an investment from East Ventures. Germany-based social trading app SwipeStox launched its own ICO pre-sale, and London-based cryptocurrency debit card and wallet provider Bonpay has currently raised up to $6m in it ICO.
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