Ahoolee ICO Report Decentralised Product Search Engine
A newly announced startup is raising funds via an ICO to develop the world’s first decentralized search engine platform for products. Companies today fight to change the existing model of online product search engines we see today by re-using the common models currently used today. If the total contribution amount ends between $3,750,000 and $10,000,000 the token price will be set proportionally to the amount of funds raised. The price per AHT token range in this contribution is $0.15 to $0.40.
You can see how much other people have paid for it, and instantly see how much it costs on various online stores. The original way that a purchaser would search for a product was through search engines like Google and Yandex. The results would be a link to the page where the product could be found. The purchaser would have to view dozens of pages in order to compare prices on their own and determine which offer is best for them. There is no one place to search for an item and find all relevant stores that offer the item that is being looked for and comparing the prices.
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To collect information from stores, we use decentralized parsing based on our own blockchain. https://cryptolisting.org/coin/ahoo/trade’s search engine is based on Elasticsearch, with some heuristic techniques designed to improve the quality of search results. As the userbase grows, Ahoolee plans to rank search results using machine learning methods, including gradient boosting and neural networks. The organization behind Ahoolee have wrought to solve this problem by creating a single one stop product search engine – Ahoolee.
- If the total contribution amount ends between $1,000,000 and $3,750,000, the price per AHT will be set at $0.15.
- The final issue is that not all stores are synched to the marketplaces and therefore the marketplace can not give you a true comparison of prices for the product you are looking for in one place.
- The team will develop and launch an assessor cabinet to teach machine learning matching algorithms.
At this point, Ahoolee will start accepting AHT as a means of payment in any stores available in the Ahoolee search engine. Ahoolee uses a decentralized parsing method based on its own blockchain technology. The blockchain is responsible for key tasks like keeping price information up-to-date and providing the most detailed information about products. Ahoolee will have contextual advertising in place, giving merchants the ability to promote their online stores for various items.
Ahoolee – AHT ICO Search Engine Product Comparison Buying?
Ahoolee has structured its crowdsale in three different rounds, the Pre-Sale, Seed Round and Official ICO. The total number of Ahoolee tokens to be issued is 100 million. 20 million are set in the Reserve Fund for miners and assessors and 10 million will be kept by the company. All prices are recorded in the blockchain, so you can track all price changes across stores from all over the internet.
Ahoolee will make it easier than ever to compare prices – even when comparing prices across retailers. Instead of spending hours searching for the right price on the internet, you can compare all Ahoolee information at a glance. Ahoolee claims to be “the world’s first search engine for products.” Find out what that means today in our Ahoolee review. Ahoolee collects and catalogs SKU’s and price history from stores on their blockchain. This ensures that there are no bad actors controlling what consumers can and cannot see in some marketplace, and eliminates any fees that may be passed on to the consumer.
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Coming to ICO seed-round, it has already started on August 28, 2017, and will run until September 11, 2017. In this round, a total of 25 million AHT are being sold at the rate of $1.66 per AHT. Ahoolee also plans to monetize their platform through traditional advertising techniques and a premium membership option for stores.
We’re happy to announce that Naveen Yannam joined our team as advisor! He has extensive experience in using various frameworks and libraries to implement enterprise class applications. He’s also a keen proponent of Agile methodologies and has successfully exercised agile techniques into the projects which he was involved.
Company profile of Ahoolee
The ecosystem revolves around the Ahoolee cryptocurrency, which can be used to purchase goods. Ahoolee, found online at Ahoolee.io, is a search engine currently preparing for its ICO, scheduled to start on September 11. Cryptocurrency and Machine enabled search engine for consumer goods.
Ahoolee undertakes such issues and gives it a blockchain makeover. At this platform, users will have the ability to compare prices on any store over the web. It will particularly assist those stores which list low products prices, but get unfairly sidelined over paid/sponsored search listings. Ahoolee proposes to collect information from the internet automatically and to put the information in the free system while ensuring constant data indexing. In addition, the platform pays assessors for the manual training of the machine.
Ahoolee ICO Report – Decentralised Product Search Engine
However, there is a solution available now, the Ahoolee project. The launch of the “Assessor’s Area” (users training machine learning algorithms); further marketing of the Ahoolee platform; the launch of contextual advertising for stores using the platform. The Ahoolee tokens (AHT) are issued on the Ahoolee blockchain, which is a fork of the Ethereum blockchain.