Metafide's Night Live Appearance: AI's Transformative Role in Cryptocurrency

IconCryptoNewsTerminal Staff12 Jul, 2024

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Metafide's Night Live Appearance: AI's Transformative Role in Cryptocurrency

Metafide's Night Live Appearance Sheds Light on AI's Transformative Role in Cryptocurrency Metafide's CEO, Frank Spieker, recently appeared on Cryptonewsterminal Night Live to discuss the transformative power of AI in the cryptocurrency space. Here are some key takeaways from the interview: Metafide's 'FIDE AI' Project: Bridging Humans and AI FIDE AI serves as a bridge between humans and AI, leveraging human signals to enhance AI neural networks and intelligent products. Its self-learning machine learning and contagion models empower all products. Metafide's AI-Powered Coin Rating Service Metafide's coin rating service relies solely on AI, eliminating subjective assessments. Employing the S-E-I-R contagion model, it analyzes human sentiment. Additionally, it determines periods of stablecoin stability by utilizing the CPI of the USA and EU. AI's Impact on Cryptocurrency Services AI facilitates the integration of human psychological signals into technical models, enabling time-series forecasting of short-term price movements. It also assists in determining optimal entry and exit points based on human signals. Metafide's Analytics: Predicting Cryptocurrency's Future While full prediction remains elusive due to human subjectivity, AI can enhance prediction accuracy. By combining subjective signals from market participants with technical models, Metafide's FIDE AI token aims to provide the most accurate short-term asset price predictions. FIDE AI's Distinction from Other AI Tools Unlike existing tools that rely on moving averages, pattern recognition, and trade recommendations, FIDE AI uniquely combines human-based signals and neural networks to forecast short-term asset prices, effectively "nudging" signals. FIDE Token's Utility The FIDE AI token integrates human signals and AI predictions in fast-paced financial markets. It captures sentiment-based events and signals that mathematical models miss, aiding in market sentiment navigation and risk mitigation. Airdrop Distribution and Future Plans Metafide has allocated 2% of the total token supply for airdrops, with 99% coming from farming and 1% dedicated to the Mantle ecosystem and marketing channels. This year, Metafide plans to launch a public IDO for the token and expand its partnerships, offering value to both institutional and retail investors.