Blog_2Blog_2Blog_2Blog_2
  • MARKET BUZZ
    • Daily Crypto News
    • Weekly Wrap Up
  • TOPICS
    • Crypto Basics
    • Defi
    • Metaverse
    • NFT
    • Blockchain
  • CRYPTO VERSE
    • Investing
    • Cryptocurrency
    • Price Predictions
    • Crypto Technical Analysis
    • Crypto Ama
    • Investment Research
  • PRODUCT
    • Tutorials
    • Product Features
    • Security Compliance
  • COINDCX
    • Announcement
    • Community
    • Crypto Competition
    • Listings
    • Opinion
    • Stories
Visit CoinDCX
✕
            No results See all results

            What is Cortex (CTCX)? How To Buy CTCX Token In India?

            February 22, 2023
            What is Cortex (CTCX)? How To Buy CTCX Token In India?

            Table of Contents

            • What is Cortex (CTCX)?
            • WHO ARE THE FOUNDERS OF CORTEX (CTCX)?
            • HOW DOES CORTEX (CTCX) WORK?
            • WHAT MAKES CORTEX (CTCX) UNIQUE USE CASES?
            • HOW TO BUY CORTEX (CTCX) TOKEN IN INDIA?

            What is Cortex (CTCX)?

            Cortex is one of the few platforms that have successfully integrated Artificial Intelligence into decentralized applications on blockchain technology. Ethereum virtual machines have been less receptive towards AI owing to compatibility challenges. However Cortex aims to solve the challenges of AI and smart contract compatibility. Cortex developed the Cortex Virtual Machine (it utilizes the GPU rather than the CPU). Cortex blockchain has developed an infrastructure to allow machine learning models to interact with the blockchain. According to the whitepaper of Cortex the aim of the native token CTCX is to become more receptive towards integrating better AI models into its framework.   

            Launch Date March, 2018
            Founder  Ziqi Chen and Jia Tian
            Blockchain Protocol Ethereum blockchain
            Native Token  CTCX
            Market Cap ₹4,810,008,198
            Token Type Native 
            Circulating Supply 208,504,514 CTXC
            Max Supply  299,792,458
            Consensus Method  Proof of Stake 

            WHO ARE THE FOUNDERS OF CORTEX (CTCX)?

            The Cortex blockchain was founded by Ziqi Chen and Jia Tian. Ziqi Chen is the co-founder of a mobile crypto mining firm called waterhole.io. Chen has experience in mining, computing and digital wallets and a deep understanding of mining devices, consensus algorithms and public blockchain ecosystem. Weiyang Wang on the other hand has a plethora of experience in game theory and statistical machine learning. He is a National Mathematics Contest winner and Kaggle Contest silver medalist. He is also a certified FRM and CFA Level II candidate and has won the 2017 Dorahack Hacking Marathon. He  led a team in creating the ABS (Asset-Backed Securities) system prototype, based on the IBM Hyperledger blockchain. 

            HOW DOES CORTEX (CTCX) WORK?

            As a standalone public blockchain built on Ethereum, Cortex allows developers to run existing smart contracts as well as contracts bundled with AI. The blockchain also allows developers to write machine learning programs that can interact with blockchain. The framework allows development of an AI Smart Contract. The native token CTCX is used to pay transaction fee on the Cortex blockchain. This fee is called Endorphins which is usually equivalent to Ethereum gas fee.  

            WHAT MAKES CORTEX (CTCX) UNIQUE USE CASES?

            Now that we have taken a walk down the workings of the Cortex blockchain, here are some of the use cases:

            Cortex Virtual Machine: The Cortex Virtual Machine (CVM) allows developers to write machine learning algorithms and AI models that are compatible with Ethereum Virtual Machine. 

            Incentive Mechanism: Developers across the globe can upload their AI model and mechanism on Cortex for others. These AI contributors receive incentives whenever other developers in the ecosystem use their AI framework and code. 

            CORTEX (CTCX)  PRICE ANALYSIS

            Cortex (CTCX) was trading at ₹22.96 at the time of writing. The 24 hour volume of CTCX clocked at ₹1,653,453,796. The RSI of Cortex is below 50 indicating an underbought signal and the 200 day MA stood at 0.27478 with a strong buy pressure.

            Source: TradingView 

            Cortex (CTCX)  Price Today ₹23.21
            Price Change <Yearly> NA
            Market Dominance 0.01%
            Market Rank (as per CMC) 392
            Market Cap ₹4,839,268,303
            Fully Diluted Market Cap ₹6,959,237,892
            ATH ₹199.85
            ATL ₹2.83

            HOW TO BUY CORTEX (CTCX) TOKEN IN INDIA?

            If you are looking to buy a crypto asset that includes AI into its realm, Cortex (CTCX) could be a good fit. You can invest in CTCX through CoinDCX – India’s leading crypto exchange. To begin with, all you have to do is,

            • Download the CoinDCX App on your smartphone
            • Enter the details required for registration 
            • Complete KYC 
            • Once your profile is verified, fund your CoinDCX wallet and buy Cortex (CTCX) 

            Read more: Latest Crypto News

            Share
            0
            CoinDCX
            CoinDCX

            Related posts

            March 24, 2023

            What is Arbitrum Token? How To Buy ARB Token In India?


            Read more
            March 23, 2023

            What is Badger DAO Token? How To Buy BADGER Token In India?


            Read more
            What is Illuvium Token? How To Buy ILV Token In India?
            March 22, 2023

            What is Illuvium Token? How To Buy ILV Token In India?


            Read more

            Recent Posts

            • 0
              Crypto Market turns bullish as the US Bank turmoil intensifies, Surge in Bitcoin & Ethereum Prices
              March 24, 2023
            • 0
              Badger DAO Price Prediction 2023: Will BADGER Price Hit $10 in 2023?
              March 24, 2023
            • 0
              What is Arbitrum Token? How To Buy ARB Token In India?
              March 24, 2023
            • 0
              Why did Litecoin Price surged over 12% in the past week?
              March 23, 2023
            • 0
              Arbitrum launches DAO, offering ARB airdrop to early adopters
              March 23, 2023

            Categories


            • BTC to INR


            • ETH to INR


            • USDT to INR


            • USDC to INR


            • BNB to INR


            • BUSD to INR


            • XRP to INR


            • ADA to INR


            • SOL to INR


            • DOGE to INR


            • SHIB to INR


            • MATIC to INR


            • TRX to INR

            Invest in Bitcoin, Ethereum, & other 200+ crypto assets.
            Download the app now, register & start with as low as Rs.100
            ios download link
            android download link
            qr code for download

            COMPANY

            Security
            Blog
            About
            Careers
            Referral Program

            PRODUCT

            Margin
            Trade
            Futures
            Insta
            Convert
            Lend
            Markets
            API Documentation

            SUPPORT

            Contact Support
            Frequently Asked Questions (FAQ)
            Contact Us

            • Customer Support: [email protected]
            • Team: [email protected]
            • Press: [email protected]

            SOCIAL LINKS

            Icon of FacebookFacebook
            Icon of FacebookTwitter
            Icon of InstagramInstagram
            Icon of TelegramTelegram
            Icon of LinkedInLinkedIn
            Icon of RedditReddit

            Logo of CoinDcx Download our Android/iOS App: CoinDCX Ⓒ All rights reserved by Primestack Pte. Ltd.

            DISCLAIMER

            The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

              Visit CoinDCX
                        No results See all results
                          Go to mobile version