An Artificial Intelligence (AI) maschine has for the first time attempted to come up with its own white paper for an ICO. To help the AI, the company behind the project, Blockspace Media, has initially fed the computer with 100 existing ICO white papers.
And the experiment has yielded results, as the AI produced its own version of the white paper which is a key document for any ICO project, aimed at attracting funds during the sale of tokens. According to the paper, AI’s company will seek to attract $20 million in 25 days with a minimum boundary set at $40 trillion. And it’s worth noting that the system had no previous knowledge of cryptocurrencies and ICO’s preloaded ahead of the experiment.
All the required components of the document seemed to be in place and in order, appart form one of the last points where the AI may have bragged a little too much:
“Our team is big and has over 40 years of blockchain experience. Vitalik Buterin was critical in creating Ethereum Classic and is advising our ICO.”
Blockspace Media’s founder Clay Space was still pleased with the outcome of the experiment. “I introduce you to the new KYC White Paper. Not sure when the ICO is, but I’m sure it will be highly anticipated, especially considering how much they need to raise. Some human editing was required for clarity.”