DateCoin will find ideally matching partners using artificial intelligence
Do you remember the last time you hook somebody up on the street, in a café or at the restaurant? You probably don’t. What about social networks, dating sites or apps? Nowadays, people are spending a lot of time starring their desktop or smartphone screen and thus online dating has become a popular trend. Moreover, it influences our modern lifestyle significantly being a versatile tool to find a partner, from chat to (don’t cheat yourself!) sexual one; we can even meet potential spouse online.
Online dating is an emerging market with the estimated total market volume of US$5 bln. Moreover, it demonstrates an average annual growth rate up to 9–10%. According to statistics, revenue in the Online Dating segment amounts to US $ 1.389 bln as of September 2017, with an expert annual estimate of more than US $1.5 bln.
The user involvement (the relation of total number of users to the number of active users who generate most of the revenue in online dating industry) has now reached 7.4 % with the user participation constantly increasing.
Online dating in Russia is also an emerging market with the estimated monthly audience size of 11 million users demonstrating an increasing trend. Almost a quarter of Russians (22 %) have at least once used online dating services and 7% deal with it permanently.
Online dating search today
The psychologists agree that there is no evidence of decrease of interest in online dating services today. The logic of life itself encourages people to exploit such an approach in finding a partner. Megalopolises dictate people the specific communication rules. Dealing with so many people the person is often unable to pay enough attention to all of them that prevents him/her from finding a partner for relationship or flirt in everyday life.
When operating in Big City regime, our brain unconsciously activates an overload prevention mechanism. Not surprisingly, with an increased number of contacts we tend to make them more superficial and unwillingly break privacy. Thus, online dating makes things easier, since the user is interested in chatting and finding a partner.
It seems that the recipe of finding a right partner has been revealed, but appears to be fake news. Unfortunately, operating principles of the most online dating services do not meet users expectations. Many of them being free at glance have hidden paid services, that makes finding partner relatively expensive and does not guarantee any matching due to bunch of fake accounts and discrepancy in male and female users expectations. Moreover, various filters do not affect the quality of search, and paid assistants (when used heavily) would rather give negative results.
Those services are likely discredit the whole idea of online dating and reduce it to private adds board where everything is for sale.
Date Coin will do all dirty job for the users
The purpose of dating is to bring matching partners together. This is the milestone for any dating app or site,’ says Nikita Anufriev, DateCoin project CEO. DateCoin is a pioneering project that employs innovative technologies (e.g. artificial intelligence, big data processing) to provide high-quality dating service. This is the artificial intelligence that will do all the dirty job for the users: analyze their preferences, contacts history and other activities; apply optimization algorithms to find the most probably matching partners. As a result, the user can get something more than useless chatting.
‘The project startup funding will be raised via upcoming ICO that will attract investors with token buyback mechanism,’- says Nikita Anufriev. All the details are given in a White Paper published online. In particular, monthly 20 percent of the service total revenue will be spent for token buyback with the smart contract and most of them will be removed from the circulation forever. Thus, the amount of coins in stock will be reduced that will guarantee permanent increase of its price and the users can choose selling price themselves.
The use of blockchain technology for token buyback only implies that the development team estimates adequately both their project and blockchain itself. Unfortunately, there has recently been a boom of projects related with social networks that use blockchain without any reasonable motivation. Those developers primarily intended to simply earn on the popularity of this technology.
Thus, the founders of DateCoin have created a couple of interesting products simultaneously. The first one provides promising investment option with clear and concise investment conditions. The second one is an efficient, ready-to-use online dating service that employs innovative technologies and is capable of finding the best matching partners all over the world.
