🪶Litepaper
Solex.ai is a global platform that taps into the insights of thousands of Internet users to create real-time financial market forecasts. Through our unique algorithms, we transform many market predictions into reliable forecasts of future price movements. Using crowd data and modern data science, Solex.ai offers affordable and trustworthy insights for both traditional assets and crypto-assets.
At the heart of Solex.ai's approach is the understanding that predicting market trends is tough in uncertain times. Motivation and skill are key factors, and motivation often plays a bigger role. Our platform lets a diverse group of individuals analyze and share forecasts for each market we cover. By constantly combining this collective wisdom, our algorithms create easy-to-access, budget-friendly short- to medium-term market forecasts that help make better investment decisions.
Solex.ai introduces the native utility token XELO, acting as the dynamic link that connects our rewarded forecasters with Solex.ai product buyers. XELO tokens find their origin primarily in the Awards Pool, which is distributed among the top accurate forecasters. These tokens can be withdrawn or utilized for purchasing data products. Serving as the primary payment method for our products, the value of XELO is determined by the balance of demand and supply. Governed by our XELO Tokenomics, the token's supply is predetermined, and the value depends on the demand for our products. In the end, XELO is positioned to establish itself as the primary mechanism for value exchange within the Solex.ai ecosystem.
Solex.ai has meticulously designed XELO's Tokenomics and use cases to foster a productive ecosystem involving tokenholders, forecasters, and data customers. 45% of XELO supply will be distributed as awards to forecasters within four years, 12% will be sold in three token offering stages, and 28% is allocated for development and marketing. Funds from the token sales will drive platform enhancement, data product launches for financial institutions, and the advancement of AI-enhanced prediction models, aligning with Solex.ai's mission of improving financial forecasting through hybrid intelligence.
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