Posts

Pynk, are you okay?

avatar of @ifarmgirl
25
@ifarmgirl
·
·
0 views
·
2 min read

What is Pynk?

Pynk was launched in 2018 by Seth War, Rupert Barksfield and Mark Little.

It is powered by AI and Wisdom in Crowds, Pynk aggregates and harnesses the stock prediction and forecast data of people around the world in order to create a more equitable investment model for everyone.

The company is headquartered in London and has grown to a decentralised team of 15 working across 5 countries. Pynk has won a number of industry awards including Best AI Startup and AIBC Blockchain Summit and the Great Pitch battle at Wolves Summit. - Quoted from Source

In layman's terms, Pynk is a platform where one can make predictions on different assets like Gold (XAU), FTSE100, Nasdaq, EUR-USD and Bitcoin (BTC) and while doing so, one earns Crowd Points and Wisdom Points which are then exchangeable to USDC or Litecoin.

And a 5 USDC is rewarded to the best predictor of the day amongst all those who made predictions in the price of the different assets, which means there are 5 winners each day (1 for each asset) from Mondays through Fridays and just 1 winner each on Saturdays and on Sundays for the best predictor of BTC price only since there is no trading in the stocks market on weekends.

There is another feature also where one can "buy and sell" assets through a $10k Fantasy Fund (imaginary $10k cash) and practice or learn investing strategies on real Equity, Indices, Commodity and Digital assets.

Through this feature, one can see how it is like in the real investing world by playing with a "10k trial fund" and see profits and losses too.

From time to time, there are survey questions that one can answer and earn additional points which are also exchangeable for prizes (USDC or Litecoin).

I certainly had fun doing forecasts and predictions over the past years and months and have received rewards in Litecoin for doing so based on our accumulated points and had also been a recipient to several USDC rewards for being the best predictor several times. Ironically, in the past 2-3 weeks where I did only a few price forecasts, I found out that I won twice, lol!

However, rewards have been pending since April and there seems to be no update from the company. I can only guess they have been hit hard too by the market downturn. Just thankful that I have not invested any real money on this.

I wonder... Pynk, are you okay?

LeoFinance divider and Logo from LF interface. Pynk logos and screen captures were from Pynk.io website. No copyright infringement intended. 190622/11:30ph

Posted Using LeoFinance Beta