Vectorspace AI VXV Price $ 0.744

Vectorspace AI is a data-focused cryptocurrency. The project was founded by long-time AI industry members as a way to incorporate AI into the blockchain sector. It has a key focus on providing dataset services to reach groups, in particular, working towards hidden relationship detection in data related to space biosciences. The platform leverages experimental and formal language models in order to power its approaches to Artificial Intelligence (AI) and Machine Learning (ML).

The Vectorspace platform is looking to develop research into how machines can trade information between each other, exchange and transact data with minimal losses. Its overall objective is to enable research groups to analyze data and reach breakthroughs with minimal time loss. This is achieved through enabling hypotheses or experiments to be conducted with high throughputs with the help of Vectorspace’s technology.

VXV is the platform’s native currency and functions as a utility token.

What are Vectorspace AI’s key features and how does it work?

Vectorspace AI Datasets are a core component of the network. The project provides data augmentation services to its clients in the form of static and real-time context-controlled, correlation matrix datasets. The datasets are based on NLP (Natural Language Processing) and NLU (Natural Language Understanding). Information is processed by modeling it with these language models developed by vector space methods and produced into datasets. Datasets are available via an API.

Datasets can be used across a range of industries in order to create interpretations, hypotheses, and discoveries. Vectorspace’s API can be used to access the platform’s datasets, the API updates up to as quickly as once per minute.

The platform features a VXV wallet-enabled API key. This means that any company can subscribe to its API services and stream its datasets on-demand. Additionally, Vectorspace offers tiered subscription levels allowing businesses to access the specific requirements, or high-value datasets, for their research needs. Each tier requires a different amount of VXV.

What can VXV be used for?

As well as being useful for research groups to leverage datasets and increase their rate of research discovery, Vectorspace AI technology can be used be by retail traders and investors to trade in new ways. For example, traders can leverage the technology’s ability to create “Thematic Baskets”, these are asset groups such as cryptocurrencies or equities that share a specific, hidden relationship with one another. The relationship could be a global event, theme, or topic. This can create unique trading opportunities related to information arbitrage.

Some of the project’s partners include:

• Morningstar
• Microsoft
• S&P Global
• CERN

Where can you buy VXV?

VXV is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are KuCoin, Uniswap, Probit. The price of VXV will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for VXV market price, please view the price charts on this page.