Peculium aims to allow savers to use the power of its proprietary artificially intelligent (AI) and machine learning software, AIEVE (Artificial Intelligence, Ethics, Values, and Equilibrium), to build their wealth. Peculium builds on decades of research into artificial intelligence and machine learning, and aims to combine these developments with blockchain technology.
The Peculium savings platform will use smart contracts on top of the Ethereum blockchain for wealth management and allocation. The advantage of blockchain technology over centralized investment platforms is that transactions on the blockchain are transparent and immutable, giving investors additional confidence and peace of mind regarding. The trustless nature of blockchain technology that removes traditional financial institutions and unnecessary third parties will also translate into less transaction costs and more savings for investors in the long run.
Amont the services offered to investors is Solidus, aimed at businesses and institutions. The time period of the Solidus contract can vary from one week to six months or more. Solidus uses over 137 algorithms to manage savings and predict market trends. Solidus uses AIEVE to manage savings.
Alterus is a product offered by Peculium to fit the needs of large businesses and financial institutions. It allows for more control over savings parameters and the delegation to brokers of savings management. Clients using Alterus can decide the degree to which AIEVE will manage their savings, and this product can be combined with Solidus.
The most basic product offered by the platform is Singulus, meant for individuals and groups of individuals. Premium features can be added to Singulus through subscription, such as adding AIEVE. This product allows for calling brokers for financial management.
The Peculium token, PCL (Pecul), will be the currency of the platform. For the platform’s first three years, investors and PCL token holders will be entitled to 20 percent of the platform’s profits derives from fees, commissions, and subscriptions to AIEVE. Because the value of PCL will rise or fall in tandem with the performance of AIEVE, the team behind Peculium is confident that the value of PCL will rise significantly over time.
According to the whitepaper, the Peculium ICO that began on December 17, 2017 will last until January 24, 2018. Following the ICO, Peculium will hold a CCO, or continued coin offering, until the end of July 2018 to attract large investors and financial institutions. The soft cap for the project is seven million euros and the hard cap is 200 million euros. The crowdsale will be regarded as a complete success if 50 million euros or more is raised. No more than 20 billion PCL will be minted, and the nominal value of each PCL during the crowdsale will be .01 euros.
*I am receiving Peculium tokens for the growth of the community.