TINGYANK NEING YEING: AIGO

AIGO

AIGO is rebuilding the payment space with flexibility and ease of use of credit cards for blockchain technology. We are developing a complete payment system that has needs in the business world. Expand and increase your payment options and start following the cryptocurrency today.

The Aigo project originated many years ago in founder Peter Voss’ realization that even the best software of the day, including his own , was ‘brittle and stupid’, lacking common sense and reasoning. Any situation a programmer does not anticipate produces undesirable responses or crashes the system. After exiting his successful ERP software company, Peter spent five years studying fundamental concepts of intelligence. His journey covered philosophical and epistemological questions such as “what is reality?”, “what is knowledge?”, and “how do we obtain knowledge and certainty?” Peter explored definitions of intelligence; worked on a psychometric project to understand measuring dimensions of intelligence; studied differences between animal and human intelligence; and learned about cognitive development in children. Naturally, he explored software engineering, including knowledge-bases and language development, and the many subfields of artificial intelligence, such as formal logic, rule systems, neural nets, machine learning, and cognitive architecture

Motivation

For now, the dominant payment method for online or offline purchases through payment cards (credit cards, debit cards, prepaid cards etc.). The problem is the payment card developed in 1950, before the existence of personal computers and the internet. They were originally designed for offline transactions, where customers agreed to transactions by signing manual receipts, payment cards were not designed to handle fast-paced modern for our economy in the world.

Their popularity is largely due to the lack of acceptable alternatives to electronic payments. The use of payment cards extends an anachronistic system, which means it suffers heavily from infrastructure inefficiencies.

Blockchain and AigoTokens The AigoToken is Ethereum-based using the ERC223 token standard.

The ERC223 token standard provides numerous benefits to the Aigo Community including:

• Smart contract functionality for secure trade and royalty distribution

• Self-governance and preferable operation, management, and efficiency

• Lower transaction fees compared to existing blockchain options

• Increased data security

• Complex smart contracts for distribution of royalties

• Instant and transparent accounting

• Scalability with transaction volume increases

Token Allocation

AigoTokens will be available for private pre-sale starting 8th May, ending July 2018. Public Crowdsale to be announced later.

• A fixed total of 100 million AigoTokens will be created.

• 70 million (70%) of AigoTokens will be offered during at a nominal cost of US$ 1.00 per token. Unsold AigoTokens from this sale will be burned/ destroyed.

• Early purchasers will receive bonus tokens.

• There will be a hard cap of $40 million.

• Users will be able to purchase AigoTokens with Bitcoin, Ethereum, and several others currencies.

• AigoTokens will be distributed at the end of the sale.

• The remaining 30 million (30%) of AigoTokens will be used for operations, incentives, and development.

Up to 8 million of these will be allocated directly after the sale to key company executives and shareholders, team members, advisors and parties instrumental in the operation of the Crowdsale. The remaining AigoTokens with be allocated over the coming years as needed.