Endor is a blockchain-based artificial intelligence (AI)-focused prediction platform created by long-time MIT professor Alex “Sandy” Pentland, who was selected as one of “The World’s 7 Most Powerful Data Scientists” by Forbes.
Dr. Yaniv Altshuler, co-founder & CEO of Endor, stated that the Endor blockchain platform aims to evolve into the “Google for predictive analytics” by using the immutability and incentive system of a blockchain-based platform and leveraging an AI-based machine learning system to offer accurate predictions.
The core business model of Endor is divided into two: a prediction platform for individuals and a large-scale high performance platform for businesses. On the Endor platform, individual cryptocurrency investors can ask questions such as “which tokens are likely to have the highest volatility next week?” and receive answers provided by the prediction engine of Endor.
In essence, the prediction engine of Endor is a big data technology-based application that garners data from a wide range of sources, such as Reddit, Twitter, companies, and more. Each prediction is made through an automated selection of the most relevant behavioral clusters.
Large-scale conglomerates and Fortune 500 companies can also outsource data analysis through the Endor blockchain platform, rather than having data scientists in house, which can lead to a significant decrease in operating costs and expenses.
“Endor’s Social Physics will be the first AI engine to run on Endor.coin protocol, allowing anyone to enjoy top notch predictions at a fraction of the price without worrying about the data/AI infrastructure and data scientist that tailor models according to individual needs,” explained the Endor team.
The Social Physics engine of Endor is powered by MIT’s novel Social Physics technology. Through the utilization of the Social Physics engine, companies at all sizes can gain access to predictive analysis without concerns over scalability and internal expenses. Large-scale conglomerates can also receive automated accurate predictions, without internal data scientists.
“Endor.coin team has a successful track record of delivering high quality products. Our product proposition is the future of predictive analytics for blockchain based products and crypto currency.The EDR token has various use cases within the Endor.coin ecosystem which gives it a significant value for data/algorithm creators and prediction consumers,” added the Endor team.
Endor was named technology pioneer by the World Economic Forum in 2017, and a Cool Vendor by Gartner, an organization known for its ratings of emerging technologies and businesses.
Due to the lack of commercial success and real world use cases of initial coin offering (ICO) and blockchain projects, it is crucial for any blockchain project to be used by large-scale conglomerates and influential companies on a regular basis, to justify its market valuation. Endor is being used by $187 billion Coca Cola, freelance service platform Fiverr, $186 billion Mastercard, and $275 billion Walmart.
Several leading financial companies such as Leumi Card revealed that the usage of Endor has led to increase in sales, through accurate predictions and data analysis.
“Endor more than tripled our sales in our main campaign. Also, it enables trial & error by delivering predictions in one day, no data science required. This saves us lots of time and money,” said the Leumi Card team.