In last few months, I read a really big number of whitepapers, but this one is really special. Even if you are not interested in crypto and blockchain it would be an interesting read it and see a glimpse of the potential trading future.
Before going into details about Athena project I have to tell you one secret. I have one (Crazy) theory about this project. Have you watched movie Terminator with Arnold Schwarzenegger? Of course, you did! Well, that killing machines realized that they cannot destroy human race while Arnie is still strong and alive so they decided to be wiser and thought of a new plan. They sent us Athena team and their project to conquer the human race. With Athena, we are all going to become cold-blooded trading machines making millions of Dollars daily unaffected by emotions.
So let me tell you how Athena project plans to do this:
The main goal of Athena Project is a development of a unique strategy that attempts to control human emotions. A human brain is still the most powerful computer in the world and this makes humans better traders than any computer. But there is one problem. Together with our supercomputer brain we also got emotions. Emotions are making us humans and fulfilling our life's, but when it comes to trading or making any other important decisions fast and under pressure, emotions are our enemy. They are the reason we make mistakes and when trading, these mistakes can be big, really big. In most cases, we don't even realize that we are making some decisions under influence of emotions, so we make even more mistakes this way. The Athena project aims to get your emotions under control in order to help you reduce the risks of bad decisions and become more efficient.
Whole Athena idea has its roots in neural networks and deep learning processes. From the beginning of computer evolution, people are trying to find the way for the computer to learn from gathered data. Neural networks are maybe the most popular way of doing this. But just in last few years with a big expansion in computers power, we developed possibilities for machine learning to begin using neural networks. This new method in this is called Deep learning. Today deep learning is used for image recognition, voice analysis, text analysis, voice synthesis, and language translation and so on.
Athena team is looking in the future with an idea of machines guiding people in their decisions so people can make better ones and profit from them. The way to do this is by helping people become aware of their strengths and weaknesses so they will know is it the right moment to trust their decisions or not. All this can be achieved today with the use of knowledge of neural networks and behavioral economics.
The first task is to get data about the influence of emotions on the performance of a big number of people, but also personal data from every individual. To do this we need to use several devices: High-resolution camera, Thermal camera, heart rate bracelet, glasses micro camera and MEG, that will show us all physiological changes such as heartbeat, breathing and motor symptoms in the form of gestures and mimics. Al data collected through this devices then need to be linked with trade performance. At the end of the process, Athena will analyze historical stock exchange and calculate how good performance was in every specific trade and are there any mistakes that could be evaded in the future.
The main usage of Athena will be in the financial markets and trading but it can be also implemented in aviation, automotive, military and more other industries. All collected data needs to be stored and kept safe but also accessible when needed and the best option for doing this is blockchain technology because it gives all this private data safe place to be stored and privately used.
On Athena roadmap, you can see that this project will be developed through 2018. so Beta version will be released in July and final version of Athena should be ready by October 2018. Athena team already filled their patent named “Method of predicting a subject's failure, devices for performing this method and their use” in Czech Republic and are in process of filling this patent in the U.S. In the future there is a plan for two more patents that they are currently working on and collecting data for them.
There will be several ways for Athena team to make a profit.
- Licensing to use the patents
- Athena monitoring platform
- Athena broker xApollo
- Athena team of traders using platform
- Selling monitoring equipment designed for xAthena
- Renting unused assets for commercial purposes (e.g. the MEG can be used for medical diagnoses on weekends and nights, but ONLY while we are not using it)
Crowdsale:
Time: October 12. 2017. to November 29. 2017.
Price: 1 ETH for 800 Athena tokens.
Number of tokens: 200,000,000.
All unsold coins will be burned on November 30, 2017.
There are few potential bonuses so please check https://www.athenacoin.io/ for more details.
ONE MORE BIG PLUS FOR ALL INVESTORS IN THIS COIN:The Athena lab s.r.o. declares that, if not prohibited by applicable laws, it shall use 35% of its net profit for the previous quarterly to buy Athena tokens (for the spot price on the markets) and burn such purchased Athena tokens starting from Q1, 2018.
What do you think about this futuristic idea and this ICO? Can this team from the Czech Republic change the way we trade and switch our emotions off so we can become super traders? Tell me your opinion in the comments below and follow me for more info about crypto and ICOs.
More info:
Website: https://www.athenacoin.io
Whitepaper: https://www.athenacoin.io/download/athena_whitepaper.pdf
Slack: https://xathena.slack.com
invitation to our Slack: https://xathena.herokuapp.com
KriptoNoob - No BS, just real INFO!