Finnoq is reshaping the future of advisory by providing a protocol for decentralized, crowdsourced advice on financial products and services.

kriptojon (7)in #bitcoin • 6 years ago (edited)

The Finnoq Protocol
Wisdom of the crowd.
The Finnoq protocol relies on the wisdom of the crowd, a collective opinion statement where each individual is uninfluenced by the others. The average collective response of a diverse group of people is higher than the smartest members within that group, ensuring a better basis for all decision makers. We employ truth-telling algorithms to increase the accuracy of collective wisdom results when a lack of knowledge or small group exists.

Collective Statements.
With the Finnoq protocol, everyone can be sure that generated collective statements are not influenced by the opinions and interests of big, centralized, and influential actors. The formation of collective opinion statement results deriving from the Finnoq protocol are bolstered by truth-telling incentives.

Blockchain Agnostic.
The Finnoq protocol is built on top of the Ethereum Blockchain, the most reliable and tested blockchain for smart contracts to date. The protocol is agnostically constructed, allowing it to be seamlessly placed onto other Smart Contract platforms in the future.

                  The protocol is a digital infrastructure of three layers

Finnoq Core Layer.
This layer is for community members, identified as “Advisors”. Advisors are stakeholders who give an opinion and demonstrate their knowledge. Advisors are approved through the “Whitelisting” process to avoid Sybil attacks. Every Advisor stakes FNQ Tokens into a Smart Contract for a free, defined time period and participates in the opinion formation process. As the opinion formation process finishes, Advisors receive rewards dependent on knowledge and honesty. Forming a collective statement from Advisors, the wisdom of the crowd combined with truth-telling incentivization produces the best possible result.
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Service Layer.
Welcome to the algorithmic playground. This layer represents a collection of different Modules. They represent all possibilities for developer integration and interaction with the Finnoq Core Layer. Modules are the bridge between the Finnoq Core Layer and its Applications, representing different kinds of voting parameters. Templates are generated as pre-defined groups of Modules, proven to execute an Application. All Modules can be integrated into an Application with a standardized API. Outside developers can interact with the Service Layer to construct new Modules and Templates, receiving rewards for usage of their Module by an Application.
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Application Layer.
Every developer can build applications on top of the Finnoq Core Layer to create “opinion markets”. The developer picks and chooses existing Modules and use the standardized API from the Service Layer. The applications interface directly the App-using “Market Creators”. This is where the opinion formation process begins.
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Official resource : https://www.finnoq.com

How to join?

Register to Finnoq Airdrop platform. https://www.finnoq.com/en/referrals/2NgCfwztV7WibNEdc6NTd9vY250faFiWES789YHO/
Verify your email and setup a password
Join their Telegram group. (+ 100 FNQ shares)
Follow them on Twitter. (+ 100 FNQ shares)
Follow them on Facebook. (+ 100 FNQ shares)
Subscribe to their Reddit page. (+ 100 FNQ shares)
Submit your details to your dashboard. You will receive up to 400 FNQ shares. Also earn more FNQ shares for inviting your friends.

Good luck and big profit!

P.S.
If you want Join to my telegram chanel- https://t.me/joinchat/AAAAAEX8LDCN-_rLgwQleQ . This channel will have periodic links to airdrops. I post links in which I myself participate.