Generative Data Intelligence

Tag: probability

Teaching models to express their uncertainty in words

We show that a GPT-3 model can learn to express uncertainty about its own answers in natural language—without use of model logits. When given...

Can you Still Make Money Mining Bitcoin in 2023?

<!-- --> Bitcoin mining has had an interesting journey over the past twelve years, going from home computer CPU mining from...

Can you Still Make Money Mining Bitcoin in 2022?

<!-- --> Bitcoin mining has had an interesting journey over the past twelve years, going from home computer CPU mining from...

Core Scientific, Inc. Schedules Full Fiscal Year 2021 Earnings Release and Conference Call

AUSTIN, Texas–(BUSINESS WIRE)–Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it will issue financial results for the Company’s full fiscal year ended December 31, 2021 after the market closes on Tuesday, March 29, 2022. Management will host a conference […]

The post Core Scientific, Inc. Schedules Full Fiscal Year 2021 Earnings Release and Conference Call appeared first on Fintech News.

Macro Guru Raoul Pal Updates Ethereum Outlook, Predicts Top Altcoin Will Outperform Crypto King Bitcoin

A series of technical indicators appear to be flipping bullish for Ethereum (ETH), according to Real Vision CEO and global economic expert Raoul Pal. Pal says he’s identified a chart pattern that suggests ETH is on the cusp of cementing a bottom and beginning a sustainable uptrend. According to Pal, Ethereum is demonstrating an inverted head […]

The post Macro Guru Raoul Pal Updates Ethereum Outlook, Predicts Top Altcoin Will Outperform Crypto King Bitcoin appeared first on The Daily Hodl.

Optimize customer engagement with reinforcement learning

This is a guest post co-authored by Taylor Names, Staff Machine Learning Engineer, Dev Gupta, Machine Learning Manager, and Argie Angeleas, Senior Product Manager at Ibotta. Ibotta is an American technology company that enables users with its desktop and mobile apps to earn cash back on in-store, mobile app, and online purchases with receipt submission, […]

How NFTs are changing the gambling industry: Flamingo Casino Club case



As the global pandemic has forced regular gaming-enthusiasts to move online, new opportunities for the virtual, NFT-powered future have been created. Only recently, the company Evolution Gaming started using CryptoPunks, the famous NFT collection, as slot machine prizes. According to their press release, CryptoPunks will be used for their “NFT Megaways” game.

Now, the newly-created Flamingo gaming project is a good example of how NFTs are set to revolutionize this industry. 

What is the Flamingo NFT Project? 

Flamingo club is an NFT virtual gaming project. The green light was given on January 21, 2022. The company is planning to build gaming facilities in a partnership with one of the oldest industry representatives in Las Vegas. Further, an entertainment center, a sports arena with a hockey team, golf courses, and horse racing in the Sandbox metaverse are also in the works. It is led by experienced industry leaders: David Aaronson, lawyer, and Vice-President of a large financial company and Waldo Lorenzo, a manager.   

Importantly, every Flamingo club NFT holder will get a share of the profits generated in the Flamingo gaming club. 

In terms of the numbers, the Flamingo club is made up of 11111 unique hand-drawn NFTs that are generated from over 300+ traits, increasing their rarity. As a rarity expert explains: “Rarity drives a large part of the economy around collectible NFTs and produces excitement. Rarity helps drive demand in an NFT project and diversifies a project by offering different levels of traits and utility.” All the cards can be purchased on OpenSea.

What are the use cases and benefits?

Examples of games and other entertainment that will be available on Flamingo include, but are not limited to, Blackjack: Of all the table games, there is none more classy than Blackjack, also known as 21, Roulette: The purest game of chance, roulette gives players a chance to test their luck by picking numbers on a wheel, choosing from 1 to 36, with a 0 and 00, or Mini-Baccarat: a casual, fun way to play this sophisticated high-limit classic. Users can bet on the "Player" or the "Banker". Whichever hand comes closest to 9 is the winner.

Apart from the wide collection of games, all Flamingo NFT holders will participate in draws. The prizes are significant, and include 150.000$ for 5 NFT holders, 10.000$ for 20 NFT holders, 10 Tesla's model 3 for 10 NFT holders, and 200 Apple iPhones 13 for 200 NFT holders. The chances of winning are more than just a statistical probability.

Above all, NFTs are revolutionizing the way money can be made. Gaming houses usually have the odds stacked in their favor for all games, although the house edge does vary on each one. So the house always wins. With Flamingo club, the user is the house, and is set to make returns on their investment from the share of profits made by the club (80% of the profits will be distributed). It is a safe way to make passive income from different activities without participating in them; without the risk of losing your own assets. It is a different way of doing business and participating in this sector.

The covid-fuelled rise in the industry was just the beginning. Nowadays, NFT projects are targeting this sector specifically, setting the tone for future developments. The growth potential is enormous, and with projects like Flamingo, users can find new ways of making money as passive income with low risk and no strings attached.



DOGE Technical analysis: A Dormant Volcano With The x2 Perspective

DOGE technical analysis

The DOGE cryptocurrency price movement did not change significantly during the trading month. In the previous analysis, we outlined the importance of the $0.1 mark for the medium-term growth wave. Since then, the DOGE price has continued to move within the consolidation wedge and has not fallen below the critical mark. The level of passivity of market participants is outrageous. However, the weakness of the price fall and low volumes during the fall – this is the problem of sellers. No matter how weak or scared the buyers are at the moment, they manage to turn the price in a weekly timeframe. https://www.tradingview.com/x/yhjP15pw/ The main scenario is the $0.26 test remains valid. This mark shows the global trend line of the correctional channel of sellers. In this channel, the DOGE price is traded from June 2021. On the way to the $0.26 mark, buyers will face another problem – the $0.17 mark. At this point, the average trend line of the fall channel. However, a much more important fact is that the range of $0.17 confidently stopped the DOGE price rebound in late November. As we can see in the chart, buyers could not take control of this mark for 5 weeks. Therefore, the probability of a rebound from this mark and a retest of the mark of $0.138 is the main scenario for us. Technical Analysis Of DOGE On The Daily Timeframe https://www.tradingview.com/x/fPReABhr/ Analyzing the movement of the DOGE price on the daily timeframe, we see the beginning of a new growth wave. So far, all this is organized lazily and without confirmed volumes. However, each new wave begins its formation with uncertain movement. To accelerate the potential growth trend, buyers should first go beyond the wedge and break the $ 0.138 mark. Starting from 21 February, sellers took control of this mark. Although at the moment the local low update is rather sluggish, the initiative still belongs to sellers. Breaking and taking control of the $0.138 mark will guarantee buyers a confident continuation of the growth wave. This should be taken into account when planning an investment in the DOGE cryptocurrency. An unsuccessful attempt by buyers to take control of the $ 0.138 mark will increase the risk of the $ 0.113 mark test. However, even such a scenario will be safe for the formation of a new growth trend in the near future. The DOGEBTC Price Is In The Critical Range Of 0.00000290 https://www.tradingview.com/x/iEajwodt/ Hints of positivity can also be found on the DOGBTC global price list. What positive can be find since January 2022? Yes, every next week closes below the opening price. However, pay attention to the local low update from November 2021. In the case of sellers’ strength and the complete disinterest of buyers, the DOGEBTC price had to accelerate its decline. Then we see the price fall stop after updating the low and a signal for reversal. In the weekly timeframe, this means the formation of a medium-term growth wave with the first target of 0.00000350. For a global reversal in the DOGEBTC market, buyers should take control of the 0.00000450 mark.

The post DOGE Technical analysis: A Dormant Volcano With The x2 Perspective appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin Portfolio Insurance: Bond Risks And Contagion

As bond risks grow and contagion appear more likely than ever, every investor needs to consider bitcoin as portfolio insurance.

ICP founder wants to incentivize Russians to end the war

As the conflict in Ukraine takes on new dimensions, Dfinity founder Dominic Williams has suggested a solution to end the conflict.

The post ICP founder wants to incentivize Russians to end the war appeared first on CryptoSlate.

Adshares and cookie3 Announces: First of Its Kind Targeted Advertising in the Metaverse

PRESS RELEASE. Adshares protocol and blockchain analytic platform cookie3 has announced the Strategic Partnership aiming to create convenient marketing tools with accurate targeting and audience segmentation across the metaverse. The integration of cookie3’s analytics platform solutions with the Adshares protocol focuses on providing accurate tools for the marketing purposes of companies that want to reach […]

Today’s Crypto Boost: The FED, Inflation, And Global Adoption

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

Latest Intelligence

spot_img
spot_img
spot_img