MindAi Set to Combine AI and Crypto into a New Exchange, Launches $TMC Token Presale
Since many months ago, artificial intelligence (AI) has become one of the most popular terms in the IT industry. It’s interesting to note that it was also a major topic of attention in the financial world, inspiring many people to begin investing in what is today thought to be the hottest industry.
Whereas AI by itself is incredibly promising for investors, MindAI has chosen to take things a step further by fusing it with yet another successful enterprise – a cryptocurrency exchange.
The cryptocurrency market has been exploding for years, as is generally known. The levels of acceptance, development, new innovations, and the like have never stopped rising, despite the fact that it did experience exceptionally bearish periods that are referred to as “crypto winters.” The cryptocurrency industry is taking over the world, and now that the most recent crypto winter has ended, it’s the ideal time for a new exchange to launch.
Why another crypto exchange is needed?
It’s natural to wonder why another exchange is even required in the crypto realm given the abundance of existing ones. Yet, there are a number of reasons why MindAI believes a new exchange is required.
The first one covers the activities in the cryptosphere over the previous calendar year. A fully compliant, transparent, safe, scalable, robust platform with products that share these qualities is essential, as demonstrated by the demise of FTX and related businesses.
This is required to safeguard consumers’ funds, provide the best user experience, and help the bitcoin industry bounce back and expand. Furthermore, because they offer a low-cost method of investing in and transferring digital assets, cryptocurrency exchanges are the quickest way to enter the market.
Additionally, MindAI thinks that a fresh and trustworthy exchange would increase adoption rates, spur the sector’s expansion, and feature more high-caliber initiatives. Together with enhancing security protocols, it will concentrate on creating a safer ecology, achieving greater regulatory compliance, and creating novel features.
Why combine crypto and AI?
The AI market has recently taken off and is already enormous. Its fields and subfields are expanding quickly and have tremendous room for expansion. It’s true that we don’t yet know where all of this progress will lead, and for the time being, human society could be affected positively or negatively by it. Nonetheless, MindAI thinks that combining AI with cryptocurrency has a good effect because both cutting-edge technologies have countless practical applications.
Integrating them might result in fraud detection algorithms driven by AI that track current transactions and signal irregular behaviour. It might offer models designed to offer automatic online assistance or sophisticated image production from text and vocal prompts. Analyzing chain data could provide in-depth information on monthly and annual transaction details. Smart contracts would also receive model results from AI oracles, enhancing their accuracy and utility.
What should you know about MindAI?
A startup named MindAI is dedicated to creating cutting-edge new technology. It places a heavy emphasis on making these systems extremely scalable in the disciplines of AI and cryptography, which will benefit humanity most.
The business is also introducing its own cryptocurrency, the $TMC token, which is being sold in 2023’s largest token presale. The token would assist the business in fusing the blockchain and AI industries and putting them together with actual use cases.
The company has aspirations to develop further blockchain-based goods as well as a top-tier cryptocurrency exchange in the future. All of this would quicken the global shift to digital currency.
What is TMC?
TMC’s position as the ecosystem’s primary utility token with a finite supply is crucial to keep in mind. It will be used in payments for goods and services as well as a variety of other use cases, such as providing fee savings within the project’s cryptocurrency exchange. Additionally, it would provide discounts on ecosystem fees and other costs for AI-trained models.
The token has 240 million units that were produced at the token production event, with a 300 million unit maximum supply. Pre-sales will be held for 50% of the supply, or 150 million units, and 15%, or 45 million units, will be used for R&D and the academy foundation. The remaining 30% (90 million) is set aside for the team’s foundation, while another 5% (15 million) will be secured in the liquidity pools of the exchange for initial listings.
How to participate in the TMC presale and buy the tokens?
There are two ways to acquire the tokens if you choose to take part in MindAI’s presale. One uses USDT, while the other uses ETH.
Install Metamask for your browser or another wallet of your choice before you can buy tokens from your desktop, depending on your preferences. Here, we’ll make advantage of Metamask.
Create your wallet, add ETH or USDT to it, and connect it to the dApp by selecting a provider afterward.
You will see a number of details after that is complete, including the associated wallet address, the quantity you purchased, and buttons to make purchases using ETH or USDT.
Choose your favourite option, input your desired purchase amount, and click Convert. You just need to wait for the transaction to be confirmed after that. Click Proceed after receiving the confirmation, and you’ll be taken back to the Purchase area. As an alternative, you can simply close the modal to see how much you spent.
Make sure you have enough cash if you decide to pay using USDT to prevent transaction issues. Two confirmations of the transaction are required: the first for the allowance and the second for the actual purchase of the tokens.
Alternately, you must pick your preferred wallet and add ETH or USDT if you want to buy tokens using a mobile device. While engaging on mobile devices, it is advised to use the built-in wallet browser because it will provide a better user experience and link the wallet to Walletconnect.
Hire a cryptocurrency development company that has a team of skilled developers, designers, and project managers who work together to build and improve cryptocurrency platforms to make money with Crypto.