The prediction contest “Predict2Win: SUI Season” organized by AlphaX attracted over 86,000 participants and generated 732,000 on-chain transactions in two weeks.
AlphaX is an AI-based cryptocurrency price prediction platform, with an accuracy of up to 72.3%, providing signals for BTC, ETH, and SUI tokens. The DeAgentAI project stands behind it with a mission to enhance AI intelligence across multiple blockchain chains.
MAIN CONTENT
The prediction contest on Sui Chain attracted 86,000 participants and increased on-chain transaction volume by 232%.
AlphaX uses AI to accurately predict the prices of Bitcoin, Ethereum, and SUI up to 72.3%.
DeAgentAI is a multi-chain AI platform that supports over 190 million on-chain interactions, maintaining the contest until August 31 with a prize of $100,000.
What are the highlights of the prediction contest “Predict2Win: SUI Season”?
The prediction contest organized by AlphaX attracted over 86,000 users with 732,000 on-chain transactions, an increase of 232% in volume compared to before.
The contest ranks 16th on the Suiscan platform project leaderboard, confirming its prominent position and appeal within the Sui ecosystem. This event not only increases on-chain interaction but also expands the AI user community in cryptocurrency.
What is AlphaX and how does it operate in cryptocurrency price prediction?
AlphaX is an AI-based cryptocurrency price prediction platform that provides signals for major coins like BTC, ETH, and SUI with an accuracy of up to 72.3%.
With AI algorithms analyzing market data, AlphaX assists users in making more accurate trading decisions. Additionally, participants receive reward points and free tokens through an airdrop mechanism when interacting on-chain.
'We aim to build an increasingly intelligent and useful AI ecosystem for cryptocurrency investors.'
CEO of DeAgentAI, July 2024
What role does DeAgentAI play in this ecosystem and contest?
DeAgentAI is a multi-chain AI network infrastructure project, supporting platforms like Sui, BSC, and BTC with the vision of 'Make AI Smarter.'
The project has supported over 190 million on-chain interactions, playing a key role in developing AI applications integrated with Blockchain, including the prediction contest on Sui Chain with a prize of $100,000 until the end of August 2024.
'The application of AI in on-chain interactions is an important stepping stone to enhance trading efficiency and user experience.'
Blockchain research expert, Q2/2024 report
How long can the prediction contest on Sui Chain last and what are the prizes?
The prediction contest on the Sui Chain platform will end on August 31, 2024, with a total prize value of $100,000.
The extended duration ensures widespread participation and provides sufficient data to enhance the accuracy of AI price prediction models. This is also one of the largest events in the AI Infra field within the Sui ecosystem this year.
Comparison of prediction effectiveness between AlphaX and other platforms
Platform Prediction Accuracy Token Type Supported Related Transaction Volume AlphaX 72.3% BTC, ETH, SUI 732,000 on-chain transactions Platform A 65% BTC, ETH 500,000 on-chain transactions Platform B 68% BTC, ETH, BNB 600,000 on-chain transactions
Frequently asked questions
How accurate is AlphaX in predicting cryptocurrency prices?
AlphaX has an accuracy rate of 72.3% thanks to advanced AI algorithms, helping users make more effective trading decisions.
How long will the prediction contest “Predict2Win: SUI Season” last?
The contest runs until August 31, 2024, with a total prize of $100,000 to encourage participation and on-chain interaction.
Who is behind the AlphaX and DeAgentAI project?
DeAgentAI is the main development team, with a strong vision for multi-chain AI, enhancing trading and cryptocurrency interaction experiences.
How to earn rewards when participating in predictions on AlphaX?
Users earn reward points and token airdrops when they make correct predictions and complete on-chain interactions as per contest rules.
How many on-chain transactions has DeAgentAI supported so far?
By mid-2024, the project had supported over 190 million on-chain interactions across multiple blockchain platforms.
Source: https://tintucbitcoin.com/alphax-on-sui-attracting-86k-users/
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