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Author Topic: [ANN] Finnoq - decentralized protocol for crowdsourced advice  (Read 351 times)
Sukrim
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May 30, 2018, 01:09:47 PM
 #1



PIONEERING CROWDSOURCED ADVICE ON FINANCIAL PRODUCTS,
INSTRUMENTS AND SERVICES

In an industry of increasingly-complex and decreasingly-transparent market makers and talking head “opinion leaders”, Finnoq stands at the crossroads between technological innovation and analytic query. The team at Finnoq thought long and hard about how to create a platform for well-intentioned investors in financial markets. By applying game theory, swarm intelligence, and psychological precepts, Finnoq will disrupt the way financial markets operate through its unique protocol.



FINANCIAL DISSERVICES


Undoubtedly, there are huge players such as financial institutions, rating agencies, and opinion drivers in the financial industry. When powerful, centralized actors attest to the confidence of their evaluations of financial products, they have the ability to control and manipulate the behaviour within the entire market. Incentive models (driven by profits, viewership and the appearance of seemingly healthy markets) for diffusing subjective opinions have little to do with real value provided to the average investor. Since opinion-making comes from a place of personal or organizational subjectivity and interest, blindly trusting any opinion on appearance is dangerous. Time and time again, opinions have led to systemic failure in financial markets. Now, Finnoq proposes a new, unbiased model.



UNBIASED, DECENTRALIZED, AND FORGERY-PROOF OPINIONS

The Finnoq team is creating a decentralized protocol for crowdsourced advice on financial products, instruments and services. This protocol centered on game theory concepts and techniques allows for sharing collective, anonymous opinions from an engaged global community. By using swarm intelligence (each actor answering a question without knowing the responses of others), our protocol ensures that a decentralized community will make better choices than centralized individual actors.


How can we bolster such a notion? By creating a network of trusted FNQ holders through the process of “Whitelisting”, each Token holder is authorized to act as an Advisor on the protocol and participate in platform questions regarding financial products or services on the blockchain. Further, we at Finnoq do not believe in a plutocracy; thus, the amount of Tokens one has will not dictate voting power when financial questions are asked. By building upon the Ethereum protocol and staking FNQ Tokens into a smart contract about questions pertinent to finance, Token holders receive rewards by answering in the majority without knowing how other participants voted. Inherent to our protocol design, developers can create modules and templates for the service layer, receiving rewards for usage of each module on the FNQ-CORE. These actions represent the FNQ-CORE and Service layer, as seen below.





USE CASES AND POSSIBILITIES ON THE PROTOCOL


Beyond providing sound, impartial advice about tokenized assets, the Finnoq protocol can be used as a solid foundation upon which to build additional ledger-based applications. The possibilities are endless, and here are just some to spark your interest:


    Crowd-based financial consultation
    Crowd-sourced trading algorithms
    Ratings and assessment of financial products and new ICOs
    and much more...


HOW TO GET INVOLVED IN THE FINNOQ CORE AND FNQ TOKEN


While you finish reading this, we are currently working on our product. Interested in finding out more and becoming a FNQ Token holder in the future? Sign up for the Finnoq Newsletter at www.finnoq.com and you’ll get all the latest updates and info along the way.
We are curious about your opinion of the Finnoq protocol. Venture with the Finnoq community and join today!


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baccar
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May 30, 2018, 01:21:10 PM
 #2

If Arabic translation is needed, pm me
I am a professional English to Arabic ICOs translator

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phil-finnoq
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May 30, 2018, 01:33:45 PM
 #3

Hi baccar,

translations are not available.
Our bounty program will be announced in a few weeks. We will keep you informed in this post!

Finnoq - decentralized protocol for advice!
Daniel.b76
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June 05, 2018, 11:16:51 AM
 #4

Your rating was updated https://icoholder.com/en/finnoq-22094

phil-finnoq
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June 05, 2018, 03:31:30 PM
 #5

Thanks for you rating!  Cool

We are constantly working on new, important content for you guys.
To get the best experience and a step by step introduction of the Finnoq protocol, sign up for our newsletter on www.finnoq.com –> "Join the conversation".

Finnoq - decentralized protocol for advice!
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June 13, 2018, 08:43:30 AM
 #6

This is very interesting platform do you have any promotions to help with yoir community ?




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June 13, 2018, 08:48:16 AM
 #7

The current low volume on crypto markets are attributed to banks and Visa/Mastercard as well as other payment gateways  boycotting crypto. Our researchers are currently compiling a list of crypto-friendly banks worldwide. Can you give us a few pointers or experience reports? Thanks, riat

phil-finnoq
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June 13, 2018, 02:55:19 PM
 #8

This is very interesting platform do you have any promotions to help with yoir community ?


Thanks @Braydean!  Smiley
We are doing some final tests before announcing our Bounty program. Of course, we will inform you as soon as possible.

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Xalia
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June 13, 2018, 03:07:38 PM
 #9

It is a good and interesting project that you have done, I want to participate in your project and I hope that your project will be successful!
Eloncity

ELONCITY    ❱ ❱ ❱ ❱    Power The world for FREE!
Public Sale Coming Soon  │  https://eloncity.io/
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June 13, 2018, 03:33:05 PM
 #10

It is a good and interesting project that you have done, I want to participate in your project and I hope that your project will be successful!
Eloncity

Thank you Xalia!

We are happy to hear you guys are interested in our project.
If you want to participate in our private sale (discount is amazing! Wink ), you are highly welcome to contact us and fill out this form (the application is not binding!).

Finnoq - decentralized protocol for advice!
dzkrb
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June 13, 2018, 08:27:34 PM
 #11

You write that "The Finnoq team creates a decentralized protocol for crowdsourcing consultations on financial products, tools and services." I would like you to briefly explain the features, advantages of your protocol.

alexberezov
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June 14, 2018, 11:37:48 AM
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You write that "The Finnoq team creates a decentralized protocol for crowdsourcing consultations on financial products, tools and services." I would like you to briefly explain the features, advantages of your protocol.
It is very good that Finnoq Core has the expanded functionality as Modules and they can be easily used through the application programming interface, API.

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phil-finnoq
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June 14, 2018, 02:47:36 PM
 #13

You write that "The Finnoq team creates a decentralized protocol for crowdsourcing consultations on financial products, tools and services." I would like you to briefly explain the features, advantages of your protocol.

@dzkrb, the advantages of the finnoq protocol are, that we are building the infrastructure and developers who want to build an application for ICO ratings, can use the protocol as basis, for example.
In this example all ratings are taken by the crowd and the developer can build his application on top of a working infrastructure with an existing community. We think the main advantage is, that we can democratize the financial industry with the Finnoq protocol and give the power back to the community!

Finnoq - decentralized protocol for advice!
phil-finnoq
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June 28, 2018, 04:21:56 PM
 #14

The Finnoq Bounty & Referral Campaign is ONLINE!  Cool

Check this for more details:
https://bitcointalk.org/index.php?topic=4559822

Finnoq - decentralized protocol for advice!
luffy.2
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June 28, 2018, 04:29:00 PM
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 Everybody should get known about this project, good luck!
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June 28, 2018, 04:42:15 PM
 #16

It feels good to be part of this project. Based on my research, i have no doubt about this project.. Guys do well to support this project. Cheers to the Dev team.

ELONCITY    ❱ ❱ ❱ ❱    Power The world for FREE!
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June 29, 2018, 06:05:55 AM
 #17

Thanks a lot for your support @luffy.2 @erzascalet

We are really excited in our team to create this completely new way of opinion making!
This project will roil the whole advising industry  Smiley

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phil-finnoq
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July 17, 2018, 08:17:11 AM
 #18

First part of Finnoq´s interview series is online!  Cool

In this interview with Blockchain Influencer "CryptoRobby" we discuss about, what can blockchain do for the society and possible uses cases.

Check it out: https://youtu.be/v-T89ImIvpo.

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larykouch
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July 20, 2018, 03:55:04 PM
 #19

I do not regret that I participate and all my friends will be advised to participate

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July 23, 2018, 10:02:36 AM
 #20

nice project
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