(Last update: October 2021)
Hi and welcome to this short writeup where I'll share with you 10 reasons why I believe Autonio AI ($NIOX) is worth paying attention to right now. Autonio AI team has been at work developing their products since 2018 and now they are starting to get ready to show the world what they've built.
To be fair and transparent, I'm a $NIOX token holder as I like the project a lot. I'm also a member of $NIOX DAO so I get to interact with team members and I'm getting really good vibes seeing these guys working and progressing on their goals and promises.
1As mentioned, Autonio AI is no newbie to the market. They have succeeded where many other projects failed — they survived the longest crypto winter 2018–2019 and delivered a working product (An achievement many projects that raised tens of millions dollars cannot claim) despite raising only around $55k (!!!) in 2018 when crypto market was crashing. This alone I find very impressive and can't think of any other example. How did they do it? “Sheer passion!”, says Ali Raheman.
2 Autonio AI mission is to enhance arguably the most important attribute of any financial market — Liquidity. Their solution is called NIOX Suite.
Part of the NIOX Suite is a Market Maker Module that allows anyone to become a market maker on popular exchanges such as Binance, Kucoin or Crypto.com but also on a popular Ethereum layer 2 DEX — Loopring.
Market Maker is a great tool to earn passive income by trading or from liquidity mining campaigns that are often held by CEXs or DEXs. The only condition is that your orders have to be within a certain spread from the spot price and NIOX Market Maker is perfect for this. Many other CEXs also offer trading competitions where the taker bot can be used for additional volume.
3 With the right settings, NIOX Market Maker can beat simple “hodling”.
The bot puts every X seconds both buy and sell orders within a spread of your choice into order book for a period of time. If both orders are filled, the spread is your profit.
If you're reding this, chances are that you know very well how volatile cryptocurrencies are. NIOX Market Maker is a great and yet very simple and intuitive tool to further diversify any crypto portfolio or even make it grow by using NIOX bot.
4 One of the core NIOX Suite products will be a Liquidity Mining Protocol and the needed infrastructure for Crowdsourced Intelligent Market Making. The name of this tool is NIOX Swarm. It will allow anyone to sponsor liquidity mining campaigns and maybe even more importantly, it will allow anyone to participate in these campaigns. All that in a trustless and decentralized way.
NIOX Swarm will challenge Automated Market Makers and their major disadvantages such as impermanent loss.
This new protocol is being built on Matic blockchain and in a close relationship with Singularity NET to get the best possible performance.
It’s no secret that listings at popular centralised exchanges aren't cheap and neither are market making services. Thanks to NIOX Swarm any project will be able get market making services in a decentralized manner, and instead of giving a ton of tokens to a single entity, tokens will be proportionally distributed among many individuals who participate in market making, leaving less room for price manipulations.
5 Another product that will be part of the NIOX Suit is NIOX Trading Terminal, which will work as a Decentralized Algorithmic Trading Bot Marketplace, where anyone can create, test and deploy their own trading bot strategies based on multiple indicators.
Furthermore, and I think this is very exciting, skilled traders will be able to sell their profitable trading bots to less experienced users on this marketplace. What a great usecase for NFTs that is, right? NFT tokens containing encrypted trading strategies that can be bought, sold or rented on a decentralized marketplace. All without revealing their setting and thus protecting intellectural property of their creator.
6 Autonio AI built their own NIOX Smart DEX on Matic blockchain. The exchange will of course have all NIOX tools integrated and will also have high throughput and 0% cancellation fee, which will make it a perfect place for NIOX trading tools to get into action.
The exchange will be sharing orderbooks across all 0x compatible exchanges and all fees collected from this exchange will be proportionally distributed to DAO members. Furthermore, it will work not only with it's own liquidity, it will work as a multichain aggregator of popular exchanges from chains such as ETH, Polygon, BSC or Cardano.
7 Autonio AI tools are free to try at the moment, but very soon a tiered „hold to access“ subscription model will be implemented, where a certain number of NIOX tokens will be needed to access more advanced trading tools and features. The more you hold, the more possible settings and powerful tools you can access. You can take a closer look at staking tiers here.
8The two highest tiers (150 000+ NIOX) grant you access into Autonio AI Decentralized Autonomous Organization. Here you get into direct contact with Autonio AI team and other DAO members (82 at the time of writing). Together we discuss project related matters and vote on important decisions of the orgnaization. Furthermore, as a DAO member you will become eligible to attractive staking rewards (currently around 20% APY) and also receive a portion of fees generated by NIOX SmartDEX. If you stake 300 000 NIOX or more, you're eligible to participate in pre-sales into promising projects. Our first one was SingularityDAO that yielded amazing returns and more projects are coming soon.
9 Autonio AI team has been working hard and delivering on their promises and that didn't stay unnoticed by multiple popular blockchains. Autonio has partnerships with Cardano, Loopring, Elrond, Matic, Crypto.com, Tomochain and many more. All projects are integrating NIOX trading tools into exchanges running on their blockchains and Autonio AI is quickly becoming a multichain project.
Another very interesting and long term partner is SingularityNET AI. SingularityNET is helping Autonio to deploy AI agents into Market Maker to further improve performance of their bots.
It's also definitely worth mentioning that Luke Wageman (a former core team member at CoinMarketcap) joined Autonio as an investor and strategic advisor. Another advisors worth noting are surely Stan Larimer — the Godfather of BitShares, and Ben Goertzel — one of the brightest minds in AI industry globally. Autonio also introduced Dr. Anton Kolonin to further boost their AI related development
10 While a lot has been already achieved, there's even more to look forward to.
Autonio has multiple working products already and v2 for all of them are under way and all will bring major improvements. SmartDEX for example is expected to launch beta in late Q3 or early Q4 2021. Market Maker 2.0, that will offer its users new features such as 5 premium trading strategies or an option to run in a cloud will go live in Q4 2021. Multiple interesting pre-sales are lined up for coming weeks and months. AI agents to be implemented after new year etc. Furthermore, as v2 are being released, NIOX token primary usecase (subscription model) will be rolled out. This means that anyone who'll want to use these tools that the team has been working on for 3 years will have to stake NIOX in order to get access to more advanced features and functions.
It is getting more and more clear with time that Autonio is getting recognition and attention they deserve for their vision and products that can benefit literally any project in the industry. The team claims to be in touch with multiple projects who are interested to use NIOX products.
Tokenomics at the moment / at the time of initial release
NIOX price: $0,085 / $0,009
Market capitalization: $8 000 000 / $300 000
Total Supply: 315 000 000 NIOX
If NIOX got your attention and you'd like to learn more about it, here are some useful links to start your research.
Autonio Trading Tools dedicated Telegram
IMPORTANT! Please keep in mind the article is just a summary of information and not a financial advice. I encourage you to invest your time into research. You'll see you’ll be very pleased with what you find about this project that’s flying under radar of most people.
