Finnoq initial coin offering (ICO)

An Open Source Protocol for Decentralized Opinion Markets



Finnoq is an open source protocol for decentralized opinion markets, based on the wisdom of the crowd to foster better decisions for all. Currently, opinion markets are controlled by centralized actors. The protocol is represented in three layers: the Finnoq Core Layer, Service Layer and Application Layer. On top of the Application layer, a diverse and non exhaustive set of use cases have been identified for future development and partnership. Collective, decentralized opinion formation on the Finnoq protocol creates more robust and intuitive information to make better decisions.

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Starts in 1 second ago
2019-08-26 - 2019-08-26
Token
FNQ
Type
ERC20
Platform
Hard cap
20,000,000, USD
Raised
0
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About Finnoq ICO

Finnoq is an open source protocol for decentralized opinion markets, allowing better decisions for all. Currently, opinion markets are controlled by centralized actors with leveraging instruments intended to augment power. Opinions deriving from such actors are biased and incomplete, and produce clear barriers to objectivity. In response, the Finnoq protocol is the future for collective opinion statements, a digital infrastructure based on the wisdom of the crowd. To ensure the wisdom of the crowd, truth-telling incentives as a subset of game theory are employed.

Psychologists historically thought that crowds suppressed individuality; recently, an alternative conceptualization of crowds emerged where under appropriate conditions, each person brings unique insights and if combined properly, makes the crowd a better decision-maker than most individuals. This phenomenon is known as 1 the wisdom of the crowd, pioneered by James Surowiecki and scientists interested in the matter. Individual answers logically suffer from random error in judgment, where reliance on mathematical combinations of many people’s opinions can produce the best decision. It is already used in prediction polls, prediction markets, internal 2 3 4 company improvement policies and in retail.

On top of this scientific reality, 5 evolving truth-telling algorithms such as the Surprisingly Popular Algorithm and the Bayesian Truth Serum increase the accuracy of collective wisdom results when a lack of knowledge or small group exists. The protocol is represented in three layers and is built on the Ethereum blockchain: the Finnoq Core Layer, Service Layer and Application Layer. The Finnoq Core Layer is the centerpiece of the protocol, used for “Whitelisting” participants, staking FNQ Tokens to create collective statements, evaluating results of opinions based on truth-telling algorithms, and tracking performance over time via the Credibility.

Finnoq reviews

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Rated on Sep 2, 2018
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Finnoq ICO price

Price in ICO

Finnoq (FNQ) crypto

Finnoq coin

Finnoq token
FNQ
Finnoq type
ERC20
Finnoq platform

Finnoq (FNQ) value

Tokens for sale
499019607

Finnoq investment info

Distributed in ICO
21%
Hard cap
20,000,000, USD

Finnoq whitepaper

Finnoq milestones

1
February 2017

WePower idea

2
March 2017

WePower idea

3
May 2017

WePower idea

4
November 2017

WePower idea

5
Q1 2019

WePower idea

6
Q2 2019

WePower idea

7
Q3 2018

WePower idea

8
Q3 2018

WePower idea

9
Q3/Q4 2019

WePower idea

10
Q4 2019

WePower idea

11
September 2017

WePower idea

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