How to Buy Cogwise ($COGW) Token & Cogwise Presale Review

This how to buy Cogwise guide and presale review will analyze all the features of this AI-driven model. Cogwise will offer blockchain developers premium trading insights and support by leveraging multiple AI concepts, such as machine learning and Natural Language Processing. 

Our guide will also review $COGW, the native token, which is used for staking benefits, yield farming and gives access to the Cogwise AI models. Read more to find out how to buy Cogwise through the ongoing presale. 

Cogwise Crypto: What is It? 

Cogwise is a state-of-the-art artificial intelligence (AI) model that leverages blockchain technology and machine learning tools to offer sophisticated trading insights.

This cryptocurrency platform will give users access to advanced models and services such as smart contract auditors, technical analysis charts, wallet tracking options, and no-code smart contract generators. Cogwise aims to help users identify trends and predict market movements to make profitable trades. 

At the center of the Cogwise ecosystem is $COGW, the native cryptocurrency. With the $COGW token, users can access the premium AI models supported at Cogwise. In the future, Cogwise will be an open-source community where AI developers can share their models. The platform can communicate and understand human inputs by leveraging tools such as Natural Language Processing (NLP). 

The $COGW token will also give token holders access to multiple earning opportunities. Cogwise is working on a gamification and rewards system through which token holders can accumulate tokens over time. This token will also reduce in supply with its burning mechanism – a feature that can help the token soar in price.

On Cogwise, users can leverage features such as the smart contract generator. Through this utility, users with no coding knowledge can create smart contracts by inputting information on the system. The platform supports contract auditors and will also feature news aggregators that constantly analyze important information related to the crypto space. 

 All these features will be leveraged to help users in all facets of the blockchain and crypto space.

 

Cogwise: Key Components

Now, let’s take a look at some of the key components of this cryptocurrency project: 

Natural Language Processing

While AI is developing significant attraction recently, it is important to get it right. Cogwise’s entire AI-based model is based on understanding human inputs. Therefore, this new cryptocurrency leverages Natural Language Processing to analyze and process the human language. 

With NLP, computers can also produce and communicate in a way that is understandable to humans. The Cogwise chatbot will respond to users in a way that is helpful and pertinent to the task at hand. NLP is also leveraged so that the computers offer contextual awareness. The responses will be prompt, and the computer will analyze past conversations to understand the context of the conversation. 

NLP has been used to build the CogwiseAI Core, a conversational AI-powered assistant. The assistant will help with various tasks, including smart contract programming, market analysis, guidance, and trading. 

Cogwise Engine 

The Cogwise engine is another integral component of this cryptocurrency platform. The engine studies various data points to reason and draw out conclusions that can help make trading insights. 

This engine possesses a deterministic nature that can guarantee accurate AI inference results. All these capabilities make Cogwise attractive to developers for building smart contracts and DApps (Decentralized Applications). The engine also helps enhance the platform’s performance and scalability – making it a lucrative solution for businesses delving into the AI and blockchain space. 

This top utility token also supports on-chain solutions, making it a reliable platform. Thus, users can access real-time trading insights through an AI trading assistant, which helps with technical analysis. The assistant analyzes historical prices and detects new chart patterns to help make new trades. 

The capabilities of the engine also include a wallet tracking system. This system tracks large wallet transactions by monitoring the trading activity. 

Is COGW Token a Worthwhile Investment?

While we have analyzed the multiple features of Cogwise, let’s also take a deeper look at the $COGW token. After going through these points, we will determine whether this cryptocurrency is a worthwhile investment option: 

Staking Benefits

As mentioned above, the $COGW token is used to get access to the premium features of the AI model. Cogwise supports a staking mechanism through which token holders can lock up their tokens for a certain amount of time. 

One of the best staking coins, $COGW, can be staked to access premium AI models on Cogwise, such as trading insights, smart contract generation, wallet tracking, and more. The platform states that the AI model can be accessed by staking at least 10,000 $COGW tokens. Since $COGW is currently priced at $0.02 per presale, this amount tallies to a live price of just $200. 

Staking $COGW will also help users receive priority services. The token can be a worthwhile investment to AI developers and traders seeking knowledge and insights into the AI premium models. 

Farming and Liquidity Generation

Through the yield farming feature, $COGW token holders can help provide liquidity to the ecosystem. Token holders can provide liquidity to $COGW on other decentralized exchanges by depositing their tokens in a liquidity pool. 

Notably, depositing your tokens in this pool will help you generate passive income. As your deposited tokens are used to swap with other tokens on decentralized exchanges, you will earn a percentage as profits. The rewards earned are proportional to the number of tokens you have deposited in the liquidity pool. This is a good way to earn free $COGW tokens while contributing to the ecosystem. 

Rewards System 

Cogwise is developing an entire rewards and gamification system to reward long-term token holders and platform users. As users leverage the AI consultant on Cogwise, they will earn $COGW tokens for simply interacting with the system. 

Cogwise will launch an online leaderboard displaying the top members who have earned the most tokens depending on the activities they finish and the tasks they complete. Collecting a certain amount of tokens on the leaderboard will move up different reward tier levels, increasing your earnings. 

For example, users could earn a few tokens on the basic tiers. As you progress higher, you can win large rewards and get access to complex AI features in the ecosystem. The reward system will also start distributing seasonal rewards. This will offer attractive promotions for a short time period – attracting new users to the ecosystem. 

The platform will also include a social sharing feature to reward those who share experiences with Cogwise across social media channels. Feedback reward systems and challenges will also be introduced to attract investors. This system is an exciting proposition since long-term investors can earn free tokens for their time spent on Cogwise. 

$COGW Burning Mechanism 

Another factor that makes $COGW a good investment is its burning mechanism. Some of the best altcoins and meme tokens have an unlimited token supply. This reduces the price growth in the long term, as the supply is higher than the demand. 

$COGW has a maximum supply of only 1 billion tokens. However, the project will start burning tokens to make $COGW a more profitable investment in the future. 35% of all the profits and revenues generated on the Cogwise will be burned. This cut will be applicable for any sort of revenue generated with the use of the $COGW token. 

Thus, if the popularity of the token increases, the low supply can help push the token price upwards. 

 

What makes Cogwise Unique?

While multiple AI platforms exist in the blockchain space, Cogwise is developing an all-around ecosystem that provides a little bit for all its stakeholders. To leverage AI to assist with trading ideas, the platform will use machine learning and NLP to communicate with humans. 

Thus, this simplifies trading for beginner traders with no experience. While features such as smart alerts and real-time trading are suitable for traders, developers can also take advantage of other components of Cogwise, such as smart contract generators, on-chain features, and wallet tracking devices. 

To protect the platform against cyber threats and attacks, Cogwise has implemented multiple security protocols. The platform will use secure cryptographic primitives and encrypted communication to protect the users. Furthermore, private keys will be securely stored on the platform. Cogwise will also be compatible with hardware wallets. 

If all these features were not enough, the $COGW token displays unique and multiple use cases that make it an attractive proposition. As discussed earlier, the token can be used for staking purposes and to earn passive income through the farming mechanism. In the long term, the $COGW token will also decrease in supply through the burning mechanism. 

For all these reasons, Cogwise ($COGW) has the potential to become one of the best cryptocurrency investments in the long term. 

Who is behind Cogwise? 

Unlike most cryptocurrency projects, the Cogwise team has made themselves public. This is a good sign in the cryptocurrency space since it helps garner the public’s trust. 

Delroy Maurie, the CEO and Founder, has a background in computer science and is striving to bring more innovative solutions by leveraging the capabilities of AI technology. Other team members, such as Mathias Niemann (Chief Technology Officer) and Bethel Douglas (Chief Operating Officer), have experience working in the blockchain space. 

Cogwise Presale 

To leverage all the capabilities and use cases of the $COGW token, interested investors can buy this cryptocurrency through the ongoing presale. As mentioned above, $COGW has a total supply of 1 billion. 

The ongoing token presale has allocated 40% of the token supply – 400 million tokens. Currently, $COGW is priced at just $0.02 per token. Since the presale started, Cogwise has already sold 15.8 million tokens – raising more than $167K. By purchasing $COGW at the current price, investors can get a hold of the tokens before the price increases. 

The $COGW listing price is set at $0.065 per token – a 225% price increase from current levels. By the end of the presale, Cogwise aims to raise $15.35 million. After the end of the presale, the Cogwise whitepaper states that 12% of the token supply will be reserved for future CEX (Centralized Exchange) and DEX (Decentralized Exchange) listings. 

Therefore, investors can buy the token at the early levels before the initial exchange offering takes place. 

 

How to Buy COGW Tokens

So far, our how to buy Cogwise guide has explained all the features of the platform and the native token. Readers can review the guide and decide whether to invest in the $COGW tokens. 

Should you choose to make an investment, follow the steps below to buy the token on presale: 

Step 1: Get a Cryptocurrency Wallet 

Before making a purchase, investors must set up a compatible cryptocurrency wallet. The Cogwise presale can be accessed with several popular crypto wallets, such as MetaMask, Wallet Connect, OKX Wallet, and Exodus. 

If you do not hold one of the compatible wallets, download the wallet from an app or add the extension to your web browser. 

Step 2: Buy ETH/USDT Tokens

An ERC-20 token, $COGW can be swapped with other compatible tokens, such as Ethereum (ETH) or Tether (USDT). If you do not hold these tokens, purchase them from a suitable cryptocurrency exchange and transfer them to your wallet. 

Step 3: Connect the Wallet to the Presale 

Visit the Cogwise presale website and click ‘Connect Wallet’ on the order box at the top of the page. You will see a number of crypto wallet options appear on a pop-up box. Pick the crypto wallet you hold, and follow the instructions on-screen to connect your wallet with the presale. 

Step 4: Buy $COGW Tokens 

You can now start filling in the transaction details in the order box. Firstly, choose the tokens you want to swap $COGW with – Ethereum or Tether. Then, enter the number of tokens you want to spend. 

For example, 500 $USDT tokens will give you 5,000 $COGW tokens. Click on the ‘Buy Now’ button to complete the purchase. You can claim your tokens after the presale ends. Join the Cogwise Telegram channel to stay updated with the presale developments. 

Conclusion

Our how to buy Cogwise guide has taken an in-depth look at this AI cryptocurrency and its use cases. $COGW can be staked to get access to all features of the premium AI models – including smart contract generators, trading insights, and wallet tracking features. 

$COGW is priced at $0.02 on presale and will increase by 225% upon listing. The Cogwise presale has raised over $167K since launch. To enter the presale, investors can connect a compatible crypto wallet and buy $COGW with either Ethereum or Tether tokens. 

 

FAQs

What is Cogwise? 

Cogwise is an AI model that uses complex features such as NLP and Machine Learning to help users get faster and more accurate trading insights. The platform also helps developers with smart contract generation, wallet tracking, and offers an AI trading assistant. 

What is the price of Cogwise token? 

Currently, $COGW, the native cryptocurrency, is priced at $0.02 on presale. However, the price will surge by 225% to $0.065 by the time it is listed on exchanges. 

How to Buy Cogwise on presale? 

Investors will need to get a cryptocurrency wallet, such as MetaMask, which is compatible with the Cogwise presale. Load the wallet with tokens such as Ethereum or USDT, and then visit the Cogwise website to connect the wallet. Enter the purchase amount and click ‘Buy Now’ to confirm the transaction.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.