We recently hosted an AMA in the Crypto Wizards community, on October 11th at 1 PM UTC. Check out what Saravanan, our Chief Data Scientist, had to say!
Answer: We are a Blockchain Analytics firm, providing AI-enabled securing services to bolster the NFT Ecosystem.
We make sure NFTs are safe and secure
Our products include :
Liquify — Quickly assess the fair price for NFT’s
Crunch DaVinCi — Verify whether an NFT Digital Asset is forged or not.
Scour — Confront the wash trades within the marketplaces.
NFT MarketCap — Real-time NFT analytics for marketplaces and portfolio tracker
Answer: Key Features :
We are a Cross-functional team with more than 25+ years of experience in Data Analytics & Artificial Intelligence and Blockchain.
– NFT Market Cap and Liquify
– Scour application to Production release
– Token Generation Event
– Liquify beta release
Notable : We have closed deals with big players like Rarible, Polygon & Covalent.
Answer: We are offering our services in a SaaS (Software as a Service) manner!
Customers can stake our native tokens (BCUT) to avail our services.
More on our Tokenomics will be released in the coming months.
Answer: $BCUT is the native digital utility token, it provides access to bitsCrunch services and the bitsCrunch network.
It is designed to play a vital role in the functioning of the bitsCrunch ecosystem and is intended to be solely used as the primary utility token on the network.
BCUT token will have additional utility when we go into decentralization of bitsCrunch network and services. More details on this will be available in Q1–2022 with our white paper.
Answer: We have built the knowledge graph of all the NFT transactions, Our algorithms are capable of sensing the malicious transactions and prevents the wash traders from obtaining undeserving rewards.
We use AI to determine the Fair price of NFTs — that could give NFT enthusiasts a picture on their investment.
Answer: We have built a model to identify the impersonation of artworks, thereby preventing the Provenance of the artist and the artwork. We are offering our services in a SaaS manner, wherein the customers can stake a certain amount of our native tokens to avail our services.
Answer: As of now, the projects are handled by the bitsCrunch team (Centralised), going forward, we will be a DAO in the future, and open our products to the community and members can contribute from thereon.
Answer: We are working on the NFT Market Cap product alongside Covalent, so NFT Market Cap and Liquify will be the top priorities for us in 2021.
We will also release our lite paper in the next few weeks.
We will begin the next year with the TGE.
Answer: Obviously Global. We are focusing on the NFT marketplaces across different blockchains like Ethereum, Polygon, Avalanche.
Yes, we are constantly working on marketing for acquiring and onboarding the new business partners and customers.
Answer: Only if customers stake our native tokens they could use our products to secure their marketplaces
Answer: SaaS model. We are generating some revenue already 🙂
Answer: bitsCrunch Utility tokens (BCUT) has not been launched yet. You can expect the TGE early next year.
Answer: We are not pointing at anyone here! We are proud that we support the Black Community! XX1Off is the community and we are working alongside them for tracking the individual artists portfolio.
Answer: Yes, you will get an announcement this week
Answer: I would like to spread the message to the community that WE (bitsCrunch) are working on securing services using AI for safe guarding the NFT ecosystem ! Thank you everyone !
bitsCrunch is the Guardian of the NFT ecosystem. We are one of the top 4 AI companies in Munich, Germany that excels in Blockchain technology. We believe that blending a proven technology like Artificial Intelligence with Blockchain technology can do wonders and make the ecosystem much more safer and reliable ! Our mission is to create impactful insights from intricate data sources, by harnessing predictive analytical systems which are empowering organizations with actionable intelligence.