PRESS RELEASE. ROLA, a community-driven platform for the crypto industry, allows users to participate in AI-based predictions on all market aspects while leveraging real-time market insights on top of professional analysts’ knowledge. The ROLA app enables users to consume market insights while improving from the users’ votes. The algorithm thus improves from the signals it receives from the community and, in return, provides accurate predictions. In this way, ROLA is strongly driving a Predict-To-Earn ecosystem.
What ROLA Brings To The Web3 Community
The crypto community has witnessed projects backed by a robust social community, and tokenomics that have survived every market cycle. One such project about to enter the blockchain ecosystem is ROLA.ai.
When ROLA began to develop their Web3 project, the first thing they addressed was to be not only community-driven but also community-centric. Most projects after the successful ICO tend to cater less to the community that largely contributed to the success, but with ROLA, the community is always the priority. Read along about ROLA and how they are changing the dynamics of the Web3 community participation.
Understanding The ROLA Ecosystem
ROLA’s AI-based tools help members make informed decisions and learn how to trade cryptocurrencies while having plenty of fun. The ROLA ecosystem is laden with a plethora of features that users can leverage to their benefit. It offers
ROLA presents users with AI-based signals for up to 120 crypto pairs with more pairs to be added in future. The real-time feed on crypto pairs keeps the ROLA community updated. Users can read the signals and community votes on the crypto pairs and track the price movement of their favorite coin. The reiterative open learning algorithm- ROLA is reiterative in the sense that it continually absorbs the wisdom of the community. The base layer of the Meta AI engines gains knowledge and makes improvements based on market data; The second layer contains user voices and forecasts and derives insights from them.
The AI accumulates and evolves as more predictive inputs are ingested into the ecosystem as ROLA’s social community and network grow, providing better insights to users. By doing this, we set up a feedback loop where the community informs an AI, which then assists the community in return.
Game-fi: Prediction-To-Earn Gaming Ecosystem
ROLA has incorporated an enticing experience in the shape of Predict-To-Earn games to promote user engagement and interactivity. The gameplay allows community members to enjoy and challenge other Rolarians in meme wars and other games.
Predict 2 Earn is based on the concept of the play-to-earn game model, where users are incentivized for their gameplay. Users in the ROLA ecosystem earn $ROLA tokens by making predictions on top crypto assets like Bitcoin and Ethereum. The predictions are categorized into three sessions, each lasting 8 hours (and user predictions are closed 1 hour before the end of that session).
Users need to predict whether the 8-hour session will end in green or red, which symbolizes the trade’s candlestick pattern. The reward is calculated based on the participation rate, the number of users and the number of close predictions of the outcome. A random draw takes place if too many users vote simultaneously to validate the predictions. In addition, all active participants are rewarded with Rolagram NFTs.
Social-fi – The Social Media App
The social-fi media app allows users to browse popular crypto trends. ROLA will introduce a subscription based service through which community members can also get in-depth information from seasoned cryptocurrency analysts and traders.
Users can also join paid Alpha channels (to be introduced post the launch) and get in touch with premium KOLs. Another option is to join public channels where users can discuss new projects and share valuable insights.
NFTs – ROLAGRAM
To reward users for their participation and activity throughout the month, ROLA has developed a unique hologram NFT- ROLAGRAM. This NFT is user-exclusive and is designed based on the activities that a user has performed. The algorithm takes in account details such as inputs from their monthly activities, engagement and voting history to generate Rolagram.
Each user gets one custom-designed NFT at the end of the month, which they can get by cashing in some $ROLA tokens. The company aims to make these NFTs tradeable soon after the launch. This also allows users to get more from the one-of-its-kind metaverse experience.
ROLAVERSE Brings Users True Metaverse Experience
ROLA, the first AI-based crypto community, aims to build a robust social ecosystem that includes all Metaverse features like Game-Fi and NFTs that will connect and empower the community. It transcends the conventional metrics of being limited to profit and strives for social connectivity.
It gives users the authentic decentralized experience of a metaverse where users can connect using Social-fi. They can also play games and earn rewards by staking their $ROLA tokens in the ROLACoaster game. Furthermore, the platform goes one step ahead and allows users to generate a custom NFT.
To Wrap It Up
ROLA is a next-generation social platform that uses Artificial Intelligence to deliver signals about crypto pairs to users and in return enhances its learning from the user feedback and voting. In addition to AI-based recommendations, ROLA offers gamified predictions about future price movements for leading cryptocurrencies.
As Rosalind Lee, the Chief Product Officer of ROLA mentioned “ROLA aims to build a rewarding community that is truly ‘WAGMI’. We are in it together and we all improve together.”
A dynamic and connected community is what the ROLA (Reiterative Open Learning Algorithm) ecosystem tries to establish. With a comprehensive (A.I.) ecosystem, it adapts to the community’s collective wisdom and reciprocates enhanced and tailor-made information to the community to benefit the “Rolarians.” By utilizing the reiterative deep learning model and the web 3.0 framework, ROLA gives you insights and inputs that enhance the intelligence of your ROLA pet. Follow ROLA on Twitter, and Discord to keep up with the latest industry developments.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.