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Alchemy

Alchemy ACOIN Price N/A

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ACOIN Price

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General Info

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Tags (Sub-Categories):

#Inactive

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Description

Utility token of Alchemy ecosystem, participating in the governance in different capacities in the stages.

Alchemy (ACOIN) Chart

The Alchemy to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

Total Supply

ACOIN 99,695,908

Listing Date

24 Apr 2020

All Time High

$ 5.22

26 Apr 2020


All Time Low

$ 0.00246

22 Sep 2023

What is Alchemy (ACOIN)?

Utility token of Alchemy ecosystem, participating in the governance in different capacities in the stages.

Stage 1- Training period: ACOIN will be used as the beacon of model building and training, and it is the key of model training after data extraction and structure. The number of ACOIN is the result representation of a certain process index. At the same time, the node that transmits the transaction decision data for model correction in this process will receive the corresponding Token reward. The platform will train the model according to the number of ACOIN as beacons and combined with the Gini coefficient and information gain of the transaction training set. Some of the over-fitted training sets are pruned.

Stage 2- Application period: After the training of the model is completed and the over-fitting is pruned, the improved model is given to the users of the external system, and the users obtain the right to use Alchemy by paying ACOIN; the ecosystem node can mortgage the data model based on the transaction training set of each verification node, and determine the income of the verification node and the voting income of the ecosystem node according to the performance of the quarterly trading strategy of the fitting data model.

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