It is pronounced “gee-nie” (as in a genie that grants wishes).

Machine learning is a type of artificial intelligence that enables self-learning from data and then applies that learning without the need for human intervention.

GNY focuses on the unique opportunities for utility at the intersection of machine learning and blockchain. We build useful predictive machine learning tools for the crypto trading community. GNY’s products and services then drive our token utility.

Yes, GNY’s machine learning platform is capable of recording, maintaining and processing consistent data securely without leaving the blockchain. GNY’s ML “brain” responds to millions of independent variable features while using hundreds of machine learning algorithms in parallel, to offer predictions that are self-learning, and personalized for your customers. The team has successfully developed a working model of its technology, and filed a US patent to protect it.

We believe that data is going to become decentralised no matter what. GNY is the solution to harness the advantages of decentralized data and protect against the risks. Blockchain is the best technology to securely record and maintain consistent data which is essential for powerful ML. By introducing permissioned contracts different groups can collaborate without needing to transfer data to each other to facilitate the collaboration.

We are building GNY for everyone. GNY has a suite of technological assets that it can deploy for individuals wanting to launch a simple DApp, to an enterprise wanting a full integrated blockchain with on-chain ML processing.  

Businesses will need to evolve their data practices to stay competitive in the coming years and we foresee adoption of machine learning services by every type of business. The ubiquitous utility of ML in all data structures will only grow. 

Enterprises employing the GNY machine learning system to decentralise, share & process datasets safely & securely, can do so with or without permissions. The choice will be up to the user.

• Read our Technical Whitepaper.
• Read our Usecase Whitepaper.

• GNY Range Report produces a 7-day market forecast for Bitcoin, Ethereum and other top tokens.
• A private blockchain to run comparative analysis of daily Covid-19 mortalities from individual US cities.
• GNY’s ML engine outperforming the U.S. Energy Information Administration in predicting energy demand for California.
• GNY’s LSTM Neural Network.
• GNY’s Decentralized Word Vector Neural Net.

GNY as a business is based in Jersey, the Channel Islands, and its US affiliate (Grey Jean Technologies LLC) is based in New York. The GNY team is decentralised throughout the US, Europe, and Asia. A selection of our team members profiles are detailed here.

You can view our current objectives on our homepage here.

• The GNY blockchain employs a delegated Proof of Stake (DPoS) consensus algorithm with 101 nodes securing the network. This consensus was selected by the team as it is democratic (token holders vote for those delegates that will secure the network on their behalf), and because it is scalable, being able to process more transactions per second than many other consensus algorithms.
• GNY’s particular DPoS consensus algorithm is boosted by a practical byzantine fault tolerance which is more steady than pure DpoS. In PBFT, the proposed block which is committed to the chain would be the most agreed block by the nodes. Using DPOS + PBFT the GNY network can tolerate up to 33 nodes going offline and the chain would still behave normally. It’s more secure and solid than many other DpoS chains out there.

Yes, after over 10,000 hours of testing and improvement, the GNY mainnet went live on March 10th 2021. You can view our block explorer here.

The minimum hardware specs to allow you run a GNY node are:
CPU: 2c
Memory: 4G
Hard Disk space: 40G

The GNY team has put in place documentation, video tutorials, and a dedicated tech support team to aid interested parties in node establishment on the network. To begin we suggest you join our network discussion telegram channel and express your interest so that a tech support member can begin your introduction to the GNY network.

Yes, The GNY token and its ICO were launched in 2018 under consent from the Jersey Financial Services Commission. Jersey, Channel Islands. This a very stable international financial centre, supported by excellent law firms, accounting firms, administrators and other professional staff. The Carey Olsen legal team advised Philean Trust Company Limited, GNY Limited’s administrator in Jersey, on the utility token generation event and worked with the JFSC to obtain its consent to GNY.io Ltd’s ICO. Coverage here.

• The Token circulating supply is 200 million.
• Total supply is 400 million.
• Total supply is 380 million. All 200 million GNY treasury tokens will be burnt at a rate of 20 million per year for the next 10 years. The first burn took place in August 2023, reducing the treasury tokens to 180 million.

In early 2022 the GNY team released an updated tokenomics vision. You can download it in PDF form via this LINK.

The GNY Token is a cryptographic utility token that enables its holder to gain digital access rights to a decentralised machine learning predictive platform for the blockchain. In addition to this it allows individuals and groups to:

• become delegate node operators
• launch their own cryptographic tokens & sidechains
• access upcoming special features of the GNY Range Report, such as custom notifications, trading signals, and market threshold indicators
• take part in GNY DataPlace – our upcoming decentralized data marketplace facilitating the ability to collaborate on, share and monetize datasets, ML functions, predictions and expertise

Yes, this is correct. You can purchase and trade the GNY token as an ERC20 token. You can convert this token type to the GNY mainnet utility token and back again via GNY’s innovative in-wallet swapgate function. All of this without inflating the overall existing GNY token count. Swaps are 1:1. This allows you access to variety of trading and utility options.

Support queries for the GNY swapgate utility are handled via our Service Desk.

All the current centralised and decentralised trading options are listed here.

The GNY ERC20 token can be stored in any good quality hardware or software wallet that accepts the addition of ERC20 standard tokens via the input of token contract codes. Many within our community are using the Metamask software wallet.

Please double check with your wallet creator to confirm compatibility.

GNY Mainnet tokens can be stored in GNY’s Android & iOS Mobile Wallets, or its Desktop Web Wallet.

GNY Dataplace is a decentralized data marketplace to collaborate, share and monetize datasets, ML functions, predictions and expertise. It will introduce quality-controlled and tested machine learning to the concept of data marketplaces, providing true data value to the network. GNY Dataplace will become the go-to destination for companies that want to trade and monetize their datasets, and for data engineers that wish to monetize predictions with validated datasets.

• You Can’t Spell Blockchain Without AI: AI Will Dominate Crypto Trading | Forbes
• How Decentralization Could Alleviate Data Biases In Artificial Intelligence

You can find highlights of our media coverage here and here.

• Join our Telegram community.
• Engage with us on Twitter.
• Join the GNY network testers.
• Talk to us about our enterprise solutions support@gny.io

The GNY Range Report is our first public-facing tool. It uses specialised neural nets and a custom RSI to generate optimised forecasting for the projected daily ranges of Bitcoin, Ethereum and ten other top tokens. This tool will soon expand to cover twenty five tokens. Exchange insights, custom notifications, additional trading signals, and market threshold indicators will follow.