Cogwise (COGW) Token Presale Passes $1.5 Million In Fundraising

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.

AI crypto project Cogwise’s – COGW – has surpassed $1.5 million in fundraising, bringing it closer to completing its second stage.

Cogwise is a blockchain AI project that has continued to attract investors since the commencement of its presale in August 2023. Removal the complexities of trading and smart contract creation through artificial intelligence is the reason behind this project’s success.

Leveraging blockchain and AI, this project uses the latest technologies to also keep users updated about the volatile crypto industry.

Cogwise Combines Brings AI Fundamentals to the Blockchain Space

The official whitepaper of Cogwise describes it as a unqiue AI model that leverages AI to provide users with fast and unique information. With its application of the latest algorithms, it aims to keep users updated on the rapid changes in the volatile crypto industry.

Among the host of tools that Cogwise delivers, the following are the most sought-after. They are likely the reasons crypto enthusiasts are coming in droves to invest in its presale.

Cogwise AI Core

At the heart of Cogwise lies the Cogwise AI core. It is a conversational AI-powered assistant designed to ute s written in natural language. The range of tasks it can perform is wide and includes smart contract generation, analyzing price charts, and guiding investors to trade.

Real-Time Trading

With a real-time trading assistant, Cogwise simplifies investors’ technical analysis experiences. This trading assistant will remove the guesswork from the equation, translating technical indicators precisely as they should be.

Smart Contract Generator

Cogwise’s Smart Contract Generator will allow users to generate smart contracts even without any coding experience. Users only have to input a , highlighting their requirements and features for the mart contract, and Cogwise will create one. Not only the smart contract will consider vulnerabilities, but it will also meet the latest guidelines, and the latest Solidity Pragma versions.

Wallet Tracking

Through its automated trading , Cogwise delivers a unique utility known as wallet tracking. It is used to monitor large wallet transactions and track a pre-determined wallets. For investors who leverage this utility to track their own wallets, this tool trades on their behalf. With its social trading facilities, this tool copies the trades of other successful traders.

Contract Auditor

Cogwise has made analyzing a smart contract easy with this contract auditor. Users only need to paste the source code of the smart contract, and the auditor will highlight its strengths and weaknesses. It is akin to an NLP where writing a “audit this smart contract” will do the job.

Virtual Operating

The development of decentralized applications is made easy with Cogwise’s virtual operating . Offering a unique combination of EVM compatibility and on-chain AI inference, this tool is suitable for blockchain developers of all levels.

News Aggregation

Since community sentiments have a large impact on how a crypto asset moves on the price charts, Cogwise has implemented a news aggregator . It aggregates news related to crypto and other assets from across the internet. Then, it finds the key terms, and uses the information to gauge the community’s sentiment about a particular asset. Based on that information, it predicts an asset’s movements.

Gamification and Reward

A users leverage Cogwise for their trading and information needs, they will accumulate $COGW. With COGW in hand, they can access other services and exclusive content available on Cogwise.

Cogwise’s gamification is split into six parts. Long interaction rewards users with 25 COGW, the same as completing a task. Providing feedback and answering a certain set of questions reward users with 30 COGW, and referring Cogwise to a friend will earn users 35 COGW.

Also, there are seasonal rewards, and tiered levels that gamify the Cogwise eco even further, bolstering the engagement factor.

$COGW – The Native Token of the Project

$COGW powers the Cogwise eco. This token acts as a medium of exchange for utilizing the platform staking and farming opportunities.

With staking, users can compound their $COGW tokens by holding them. Cogwise’s farming mechanics will reward users for providing liquidity to the eco.

The token also has deflationary attributes thanks to its burning mechanisms. 35% of every fee or profit generated in the Cogwise eco is burned to limit the supply. The remaining 65% is directed toward making the project better.

Cogwise Raises $1.5 Million as Future Upsides Bolstering its Adoption Rate

The ious plus points we have listed have contributed to making this project a success on the presale charts.

💥Celebrating Success: Surpassing $1.5 Million in Our Presale!💥

In a resounding testament to the unwavering support of our community and the success of our project, we are thrilled to announce that our presale has exceeded $1.5 million a remarkable milestone! 🍾

Current stage:… pic.twitter.com/nWIj9ka9GQ

— Cogwise (@cogwise) December 3, 2023

As an AI crypto that lets users create their tokens and dApps, Cogwise has upsides that go beyond its value as a presale crypto.

The world’s industries are getting more receptive towards AI and blockchain. Cogwise is a project that puts these concepts together under a comprehensive light. It’s “all-in-one” attitude towards providing AI-driven blockchain solutions don’t make it a “jack-of-all” trades, but a project that encapsulates the best of what AI and blockhain can offer together.

The project’s followers are “super excited” about its progress, stating that the next stage of the presale looks even promising. Many have lauded the project for its transparency.

Those interested in this project can become early moves by going to presale.cogwise.io.