FOS.ai – FundOS ICO Cryptocurrency Asset Investment Blockchain?
FundOS describes itself as “the most powerful infrastructure for crypto investment based on blockchain”. Find out what that means today in our review.
What Is FundOS?
FundOS, found online at fos.ai, is a cryptocurrency platform built on blockchain technology. That platform features an automated transaction interface for crypto asset investors, algorithms powered by artificial intelligence, and other features for investors.
Any investor can use FundOS to setup their own digital hedge funds. They can use FundOS’s AI to make the best investment decisions at the most profitable times.
The platform is catered towards digital currency investors, hedge fund managers, and investment strategists.
Overall, FundOS wants to establish an operating system for intelligent investment contracting. This platform is built with the goal of connecting ordinary investors with professional investors, thereby increasing the development of digital asset investments and blockchain investing.
How Does FundOS Work?
The core function of FundOS is to provide a unified quantitative trading interface. The operating system is based on “intelligent investment contracting”, which helps professional investors “better development investment strategies to achieve profits”, explains the whitepaper.
At the same time, professional investors can use FundOS to better develop investment contracts based on blockchains, which is equivalent to the creation of their own investment platforms. Ordinary investors will make an investment based on the past performances of these different indicators. Meanwhile, intelligent investment contracting protects both parties’ benefits to the fullest extent.
FundOS uses a blockchain-based “intelligent contract” (i.e. a smart contract) to manage all currency raised by the platform in a decentralized, automatic way. That smart contract also calculates the profits gained by both the investor and the initiator.
The end result is a smart investment contract operating system based on blockchain, with the goal of establishing standards and foundations for blockchain digital currency investment platforms.
Users will be able to access the platform through a mobile app (for investors) and a PC client (for smart contract creators.
The FOS Mobile App
The mobile app will give users an easy way to interact with their investments. The FundOS whitepaper calls this a mobile app. However, it’s an app for iOS, Android, Windows, Mac OS, and all major web browsers – so it’s a comprehensive multi-platform app.
Investors can use the app to invest in a smart investment contract at any time. The app will also consist of an FOS token wallet. Investors can view current investment manager rankings, current smart investment contracts, and their recent rates of return through the mobile app. They can also use the mobile app to complete FOS transactions, like sending or receiving FOS tokens.
The PC Client
FundOS’s PC client is designed for smart contract creators. The full-featured PC client app allows smart contract initiators to write smart investment contracts on the PC client, using tools provided by the FundOS platform for modeling, data back testing, and a series of other operations.
How Does The FundOS Token Work?
The FundOS token, or FOS, is a native digital currency issued through the FundOS platform. FOS does not represent any real-world assets or rights (including company equity, or voting rights).
The FundOS whitepaper describes FOS as “the oil that keeps the entire blockchain investment management platform system running.”
Some of the core features of the token include:
- Balances and shows all actions on FundOS
- Serves as the medium of value, and the primary currency used, over the FundOS platform
- Can be used to complete FundOS investments, complete transactions, pay fees, and pay user fees
You can use FOS tokens to build smart investment contracts, for example. You can also use them to manage smart investment contracts, to publish transaction strategies, or to purchase transaction strategies.
Overall, FOS is the only recognized digital currency on the FundOS platform. You’ll need FOS tokens to interact with the platform, to purchase investments, to pay fees, and complete other transactions.
FundOS advertises the following core features:
- Crypto asset transactions via smart contracts
- Artificial intelligence for automated investment strategies
- Refined and transparent funds trading
- 24/7 monitoring of the global marketplace
- High level security and secured funds
The FOS Token Sale
There’s a total supply of 1 billion FOS tokens. 15% will be sold during the pre-sale, 45% will be sold during the general crowdsale, 30% will be retained by FundOS, and 10% will be distributed to the FOS community.
The pre-sale is taking place throughout October 2017with the main sale taking place in December 2017.
By December 2017, FundOS aims to have a “minimum feasible test environment” completed. By February 2018, they aim to have the FOS wallet online. The other parts of the FundOS platform, including the digital currency management modules and smart fund contract trading system, will launch throughout the remainder of 2018.
Who’s Behind FundOS?
FundOS is led by Jerry Young (Co-Founder and CEO), Daniel Fu (Co-Founder and CTO), and Richard Loo (Co-Founder and COO).
Jerry Young is a blockchain entrepreneur with 8+ years of team management experience, an MSc in computer science, and a specialization in data mining.
FundOS is a cryptocurrency investment platform that aims to make digital asset investing more accessible to the world. Anyone can use FundOS to launch their own fund. All transactions on the platform are performed with FOS tokens.
To learn more about FundOS and the ongoing crowdsale, visit online today at FOS.ai.