New AI-based analysis platform yPredict has raised close to $500,000 in its presale, which has now entered its fourth stage out of eight.

This puts the new Polygon-based project well on its way toward meeting its hard cap target of $6,507,511, with its soft cap having already been met.

And with yPredict already having launched its AI-powered trading algorithm in beta, the significant progress it has made in such a short space of time is likely to attract a growing number of new investors.

With its native YPRED token running on layer-two network Polygon, yPredict is an ecosystem centered around the use of artificial intelligence and machine learning for trading more intelligently and successfully.

As noted above, it has already launched its trading algorithm in beta form, yet in the coming months, it will expand to offer a range of AI-based prediction tools, as well as a marketplace through which developers of forecasting and analytical tools can connect with traders.

(by Simon Chandler)