There is a vivid distinction between trading an asset versus investing in one. Trading is the continuous process of leveraging the volatility of a base asset and taking chances. It is in some way, an intellectual’s gamble. On the other hand, investing in the process of evaluating a variety of assets, making calculated decisions to eventually settle on an asset or a basket of assets in the hope of expecting periodical returns.
In this age of continuous and constant change, it is considerably tough to ascertain what and how to trade or invest in. Investors are puzzled about what asset or investment will be profitable in the long run to give them returns, while the traders are puzzled at the random and unpredictable volatility. There is an obvious need for a new methodology of investing , as traditional means do not seem to fit into the current economic landscape.
“We’re building PYNK to be the world’s most inclusive Investment Platform. Regardless of your wealth, race or religion – PYNK is financially inclusive and is the platform where socially conscious investors can help shape a better future for all, whilst enjoying superior returns.”
Perpetual Yields from Networked Knowledge or PYNK is the brainchild of a group of investors and developers lead by CEO Seth Ward, who strongly believe in the collective, more specifically, they believe in the wisdom of the collective. This “ people-powered ” application fundamentally runs on the principles of ‘The Wisdom of the Crowd’.
Wisdom of the Crowd is an old idea according to which, even though one man may not be able to correctly ascertain a particular solution, a group of people have a greater chance to find it. It is generally seen that Crowds are better at predicting, solving, decision-making and innovating and in some way, it can be argued that this small idea was the driving force and cornerstone behind humanity’s entrance into the Information Age.
Pynk.io is the world’s first People Powered Investment Platform that leverages data collected from its users and integrates that data with ROSE , their home-grown AI to help make investment strategies. Pynk understands that the more users they have, the higher the predicting capability of the platform. Using the Crowd, Rose – the AI and a panel of experts who analyse the suggestions, Pynk has been able to develop a fool proof, highly reliable mechanism to automate investment.
With Pynk, you can choose any of the two options in investing. One is the Everyday Investor option that allows you to make use of Pynk’s investing strategies chosen by the experts to make profitable returns. It is a lucrative option for individuals who are not able to give as much time to background research as they would like to. The other option is to join in on the Crowd Investment Platform, where the investor is asked to make their predictions about assets and instruments such as Bitcoin , NASDAQ, Gold and a variety of other assets. Pynk then uses these predictions, aggregates them with the library of prediction from all of its users and finally runs it through Rose . Investors who make the closest predictions are allocated with ‘Wisdom Points’ (WPs).
Let us discuss in detail about the capabilities of PYNK:
The Team has allocated three broad categories for the crowd to segregate and predict.
With the Beta version of the platform already up and running, there are already about 6000 PYNKsters across more than 50 countries worldwide. A cap of $100,000 is limited to each investor, to save the platform from monopoly.
There are several reasons why the Pynk platform could be an attractive investment for any investor in the cryptocurrency space. For starters, the Pynk Native token is advertised as a Security Token, meaning that it is asset backed by the Assets under Management (AUM), it’s registered with Regulators and requires full KYC from all its investors, keeping a close check-on with the regulatory requirements. To make the investment more lucrative, Pynk has also managed to bring in institutional investors and growth partners to back their platform, including and not exclusive to the NatWest group, the Royal Bank of Scotland, 360Labs and Founder Institute.
Keeping in mind that the Pynk Team is hell-bent on making a platform that is decentralized in multiple ways, both from management point of view and information-wise, any investor will be enticed to join hands with them once they realize the future of Crowd-investing. The team is always on the lookout for improving the platform, by searching for better algorithms, better asset classes, and better experts to keep the platform in check.
Pynk is a platform to look out for in the future, because… as they actually say it themselves ‘none of us are as smart as all of us’.
For further information on the Pynk project, use the following links:
Website | Twitter | Telegram | Pynk Paper | Medium | Beta Platform
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