Cortex

CTXC Price

What is Cortex about?

Cortex is built on a new public chain called Cortex, which includes AI algorithms that support smart contracts. This allows anyone to use Cortex to add AI to their smart contracts. The chain also creates an incentive mechanism for collective collaboration, enabling users to submit and optimize models in Cortex, while model contributors can be rewarded. According to the whitepaper, the end result of Cortex is the creation of “artificial general intelligence”, or AGI, on the Cortex platform.

What makes Cortex unique?

Cortex solves the problem of placing artificial intelligence systems on the blockchain by allowing machine learning researchers to upload well-trained data models to the storage layer of the Cortex public chain. Users who need these AI models can make inferences using the models and pay the person who developed them. The Cortex Virtual Machine (CVM) synchronizes the model and data from the storage tier to the local site, making an inference and returning the result to the whole network.

What's the history of Cortex?

Cortex completed a private token sale in February/March 2018 for its CTXC tokens, led by investors such as Bitmain and FBG Capital. The token sale took place from February 7 to March 7, 2018, with tokens sold at a price of 1 ETH = 1500 CTXC. The company reached its target cap of 40,000 ETH for 60 million CTXC, representing 20.01% of the total token distribution.

What's next for Cortex?

Cortex aims to place advanced artificial intelligence systems on the blockchain. Following its private investment round and token sale, the next step is to roll out the Cortex public chain. Key features of the platform include smart AI contracts and the Cortex Virtual Machine, allowing for advanced AI-based smart contract programming.

What can Cortex be used for?

Cortex provides state-of-the-art machine learning models on the blockchain, enabling users to infer using smart contracts. The platform also allows users to post tasks or submit artificial intelligence-based decentralized apps. Each transaction, smart contract, or intelligence inference on the Cortex platform requires a certain number of “Endorphin” tokens.

Where can you buy Cortex?

CTXC tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Cortex is MEXC, where the most active trading pair CTXC/USDT has a trading volume of $55,342.51 in the last 24 hours.

What is the daily trading volume of Cortex (CTXC)?

The trading volume of Cortex (CTXC) is $55,342.51 in the last 24 hours, representing a 1.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Cortex (CTXC)?

Cortex (CTXC) reached an all-time high of $2.39 and an all-time low of $0.0008005. It’s now trading -99.90% below that peak and 77.50% above its lowest price.

What is the market cap of Cortex (CTXC)?

Market capitalization of Cortex (CTXC) is $336,767 and is ranked #4114 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CTXC tokens (240 Million tokens are tradable on the market today).

What is the fully diluted valuation of Cortex (CTXC)?

The fully diluted valuation (FDV) of Cortex (CTXC) is $426,294. This is a statistical representation of the maximum market cap, assuming the maximum number of 300 Million CTXC tokens are in circulation today. Depending on how the emission schedule of CTXC tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Cortex compare against its peers?

With a price increase of 7.50% in the last 7 days, Cortex (CTXC) is outperforming the global cryptocurrency market which is down -1.00%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -3.00%.