Fandora Network Partners with Beyond Owls

Published on: 26.10.2022
Fandora Network Partners with Beyond Owls

Fandora Network is excited to partners with Beyond Owls, 3000 Utility based NFTs on APTos Block chain. Beyond Owl is magical in beyond owl ecosystem.

The Owl Platform

AI Based Price Prediction Model For Crypto Currency

The current upsurge in the crypto currency industry compelled the owls to develop an AI based price prediction platform for crypto currency, which would allow them to gain a competitive edge over other traders. At the forefront of the “Moon Economy’ is competition and innovation.

A team of owls led the efforts to develop an AI platform for analyzing the cryptocurrency market. The solution combined natural language processing, sentiment analysis, and machine learning algorithms (LSTM) to predict prices for cryptocurrency. It crunches huge amounts of data and tells you which cryptocurrencies to invest in and attempts to maximize your returns.

The product brings value to:

  • Private traders who want to receive hints from the system of artificial intelligence and a forecast on the trend of cryptocurrency prices.
  • Professional companies that need to evaluate a comprehensive forecast for the whole real-time cryptocurrency market, portfolio management, investments, risk management, etc.

Technology

The owls took it upon themselves to create a Cryptocurrency price prediction solution based on LSTM models and sentiment analysis of Crypto forums and channels. The platform provides the prediction of 5 type of time frames: ‘hourly’, ‘daily’, ‘weekly’, ‘monthly’ and ‘yearly’ for every Cryptocurrency individually and displays them in the form of an index.

The processes of price prediction platform are recomputed constantly by AI Engine, which is in a constant and continual update loop. The model works in real time.

Presently, the platform works with a time step of one day and makes

forecasts for the 7 days ahead (the forecast interval is adjustable) however, the solution can be applied to hourly input data and the forecast horizon set in hours.

The solution was deployed in Python, Jupyter Notebook. All documentation and the code remain proprietary.

Results

The owls created a fully ready working solution for Cryptocurrency price prediction.

The main challenges were research and selection of the optimal model architecture for Cryptocurrency price prediction within this solution.

Improving prediction quality, optimizing time and resources for model training and real-time prediction. They observed in the results a variance of between 40% – 73% accuracy of prediction.

Their platform is available for members of our token stakers and NFT holders, demonstrating the capabilities of this solution both to specialists in AI and to investment market traders as well as to those interested in investing in this project.

About Beyond Owls

It has long been suspected that over 500 years ago a group of 30 owls

joined a life altering ritual when they consumed a mystical and magical
mineral. What that mineral was is yet to be known, nevertheless after
each owl consumed the mineral, they couldn’t help but fly higher and
higher until one day they landed on the moon. The owls are said,
according to legend gained levels of intelligence far superior to one could
imagine. Some breeds of owls attained supernatural physical strength
since their journey began.

Almost 500 years later these owls have cultivated and formed habitats
on various lands on the moon. They now call this the “Moon Economy”.
The rate of invention and technological advancements made by the owls
within the moon economy is unmatched by any other current living
society. Central in this moon economy the owl residents and token
holders get paid for their services. As production on the moon has
increased the moon economy is projected to surge tremendously with
early residents gaining the most from inhabiting the territory early. The owls who reside on the lands of the moon are continually working on releasing new exciting products and constantly innovating at an abnormally quick rate. The statement of development issued shows
that the following looks to be the upcoming developmental releases.

WebsiteTwitter

About Fandora Network

Fandora Network is a POS Blockchain designed to build an ecosystem that caters to the community of sports and entertainment fans, providing a special infrastructure that allows developers to grow on-chain Sports and Entertainment products. The project was born to address the inherent issues of community ownership and voting rights, the issue of copyright, the profit-sharing economy, and the connection between the fan community and celebrities.

Their philosophy is based on the four principles of blockchain technology: Security, Integrity, Inclusive, and Decentralization. To build solid foundations, they build the latest ecosystems with the desire to have Fan Community as a strong financial circle, provide value, build the link, and share profits with the most passionate ones in the community.

Their main idea is to distribute Tokenomic with strict financial principles to build a loyal, engaged community by providing members with incentives to interact with Fandora Network. New crypto attendees will also be able to learn about blockchain technology and how to set up, maintain, and grow digital assets by using them to invest in Fandora ecosystem products. At that, members will become part of Fan Network and have the same rights as shareholders when holding FAN tokens. The Validators will help expand the network to attract more products and talented developers, thereby growing the liquidity and forming strong link of the Fandora Network community itself.

Website | Twitter

SOURCE

https://medium.com/@Fandora_Network/fandora-network-stagetic-partnership-with-beyond-owls-35a72ffe5eb2

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