Why Coinhound's Gone Pynk!

By Coinhound | Cryptotalk | 24 Apr 2019


What is it that makes us choose the projects we follow, that we invest our time and, often, our money in?


The prospect of financial returns? being part of a strong community? Ethics? What if i told you that there is one project out there that embodies all of these ambitions? Ladies and gentlemen, without further ado let me introduce you to PYNK.

Pynk is a company that thrives on evening the playing field for the little guy and not only that they do so by investing in, primarily Blockchain based, companies that not only have the team and the ethos behind them to succeed and turn their investors a sound profit but also that promotes#tech4good and sustainability. Pynk will do this by investing in ICOs, projects, mining operations, STOs and other projects that are connected with the blockchain industry.

This all sounds well and good but where Pynk really excels is their offer that it is the first company that allows people to invest their time or their money. This works by logging into their price prediction tool on a daily basis and offering your thoughts on the daily price shifts of Bitcoin, this in turn feeds their algorithm led AI, code-named: Rosie. Which then uses the wisdom of the crowd to make smart decisions on investment. In discussion with their team recently i was assured that, although in the early stages, their AI had been correct in predicting on all but one occasion. With a little fine tuning this could become a great opportunity for ethical investment for people currently excluded from such projects as they simply do not have the funds to invest.

"The Pynk Community is made up of 2 distinct archetypes, which we refer to as the Pynk Crowd and Pynk Investors respectively:

i) Pynk Crowd – community members who are rewarded with Wisdom Points for
researching investment opportunities, making price predictions and for taking in
active part in creating the Pynk eco-system.


ii) Pynk Investors – community members who directly buy into the fund. Primarily
they are motivated by the high financial returns on offer, our diversified
investment strategy and the liquidity that comes with the PYNK security token."
(Quoted from an excerpt from the Pynk whitepaper)

 

In the future Pynk plans to diversify from Bitcoin  into  precious metals and other commodities meaning there will be a broad spectrum of possible ways people who are "time rich but cash poor "can offer their wisdom, make predictions via their app and,in turn, be rewarded with Pynks wisdom points. At some point in the future Pynk promises to offer profit shares through these tokens so they could become very lucrative Indeed.

Finally but also central to their project is the pynk academy which offers financial education and through that the chance to earn more coins. The hope is that as the Pynk crowd member becomes better educated they are able to make more educated financial decisions and in turn strengthen the Wisdom of the crowd algorithm. Financial education is something the industry is truly crying out for I believe. Part of the beauty of crypto is it's ease of access for little or even no initial investment which has meant that it has brought many people from many walks of life but it has also eant that many people do not come from a trading or financial background and a reliable source of educational material can only be a good thing.

I have been personally interested in Pynk and ïnvesting' in it using their alpha price prediction tool for some time and now their beta tool and it is one of the projects I would advise you to watch out for. Pynk offers something truly unique in the blockchain industry and could, genuinely, represent an opportunity to both make some money and do good at the same time and i don't think you can say fairer than that.

 

You can sign up for Pynk Here:

https://giveaway.pynk.io/9677/6915378

 

 

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Coinhound
Coinhound

blogger with an interest in cryptocurrency, investment and discussion


Cryptotalk
Cryptotalk

we look at various projects in the cryptocurrency world and bring you our thoughts on them.

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