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Botto (BOTTO) Market Value and News

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What is Botto (BOTTO)?

Botto (BOTTO) is a blockchain-based project that aims to create a decentralized ecosystem for the development of artificial intelligence (AI) chatbots. The project is built on the Ethereum blockchain, and its native token is BOTTO. The team behind Botto aims to revolutionize the way businesses and consumers interact with AI chatbots by providing a secure and transparent platform for the development and deployment of chatbots.

Historical Background

Botto was founded in 2018 by a team of blockchain and AI experts based in South Korea. The team was inspired by the potential of AI chatbots to transform the way businesses and consumers interact with each other. They believed that the existing chatbot ecosystem was fragmented, with a lack of standardization, security, and transparency, which could be addressed by using blockchain technology.

Technology

Botto uses blockchain technology to provide a secure and transparent platform for the development and deployment of AI chatbots. The platform is built on the Ethereum blockchain, which provides a decentralized and immutable ledger for recording transactions. The team behind Botto has also developed their own consensus mechanism called Proof of Chat, which rewards users for engaging with chatbots on the platform.

The platform allows developers to create and deploy AI chatbots for businesses across different industries, including healthcare, finance, and e-commerce. The chatbots can be customized to meet the specific needs of businesses and consumers and can be integrated with existing platforms such as Facebook Messenger and Telegram.

Market Value and Price

As of September 2021, the price of BOTTO was $0.00003112 with a market capitalization of around $4.6 million. The total supply of BOTTO tokens is 1 billion, with around 146 million tokens in circulation. The token is listed on several exchanges, including Bitforex, Uniswap, and Bilaxy.

News

In recent news, Botto announced a partnership with AI startup Saora Industries to develop AI-powered chatbots for healthcare. The partnership aims to provide patients with personalized healthcare solutions and improve communication between healthcare providers and patients.

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Additionally, Botto has launched several initiatives to encourage the development of AI chatbots on its platform, including a chatbot development contest and a rewards program for developers.

Pros and Cons

Pros:

  • Botto provides a secure and transparent platform for the development and deployment of AI chatbots.
  • The use of blockchain technology provides a decentralized and immutable ledger for recording transactions.
  • The platform allows developers to create customized chatbots for businesses across different industries.
  • The team behind Botto has developed their own consensus mechanism called Proof of Chat, which rewards users for engaging with chatbots on the platform.

Cons:

  • The adoption of AI chatbots is still in its early stages, which could limit the potential market for Botto.
  • The competition in the chatbot ecosystem is increasing, with several established players already dominating the market.
  • The success of Botto is dependent on the adoption of blockchain technology, which is still in the early stages of mainstream adoption.

Conclusion

Botto is a blockchain-based project that aims to revolutionize the way businesses and consumers interact with AI chatbots. The platform provides a secure and transparent ecosystem for the development and deployment of customized chatbots for businesses across different industries. While the adoption of AI chatbots and blockchain technology is still in its early stages, Botto has the potential to disrupt the existing chatbot ecosystem and become a major player in the AI industry.

How To Buy Botto (BOTTO)?

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About Botto (BOTTO)

Contract
0x9dfad1b7102d46b1b197b90095b5c4e9f5845bba
Websitehttps://www.botto.com/
ExplorersEtherscan,ethplorer
CommunityTwitter Facebook
API iddbotto

1 Botto (BOTTO) USDC (1 BOTTO) to USD//Coin) Exchange Calculator

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