Cover AI is a sports betting prediction platform that utilizes artificial intelligence and quantum computing technology to provide betting picks. ^[2]

Overview

Cover AI is a sports prediction platform launched in 2024. The platform uses a proprietary quantum computing framework to process billions of data points, aiming to identify value in sports betting markets with a reported precision rate of around 70%. Its predictive system integrates variables such as odds movement, player performance, weather, injuries, and market sentiment, continuously updating through self-learning mechanisms. Cover AI also includes a token ($COVER) used for platform access, governance, and profit distribution, with tokenomics tied to revenue-based buybacks and staking rewards. ^[1]

COVER

The $COVER token is used to access Cover AI’s proprietary sports betting predictions, which are powered by quantum computing and a self-learning architecture. Token staking is required to view picks, creating a demand-linked access model. The platform allocates 30% of weekly revenue to automatic buybacks and token burns, reducing supply over time. Additionally, 50% of profits are shared with stakers, aligning platform growth with user incentives. Token holders also participate in governance, voting on ecosystem features and strategic decisions. The system is designed to reinforce itself as user growth, revenue, and staking participation increase. ^[12]

Token Utility

• Exclusivity: Staking $COVER tokens grants access to Cover AI’s sports betting predictions, which are generated by proprietary algorithms processing large-scale datasets. This access model ties token demand directly to the platform’s predictive performance, creating a feedback loop where continued accuracy encourages user growth and reinforces token value for holders and stakers. ^[9]
• Buyback and Burn: Cover AI implements a weekly buyback and burn mechanism that permanently removes 30% of the platform revenue’s $COVER tokens from circulation. This deflationary model reduces the token supply proportion to platform growth, aligning increased user activity and revenue with sustained upward pressure on token value. ^[5]
• Revenue Share: Cover AI allocates 50% of its platform profits, after buybacks, to token stakers through automated smart contract distributions. This model ties user rewards directly to platform performance, scaling payouts as adoption and revenue increase. ^[10]
• Governance: Cover AI plans to introduce a governance program for holders over 0.5% of the total $COVER token supply, granting them direct input into platform strategy. This group, called the Whale Club, will participate in monthly strategy sessions with the core development team, influencing roadmap priorities and major decisions. When the group reaches consensus, their proposals trigger a governance process requiring the team to act or provide justification. Members also receive early access to platform data and performance insights. ^[6]

Tokenomics

COVER has a total supply of 1B tokens and has the following distribution:

• Liquidity Pool: 80%
• CEX Listing Reserve: 10%
• Strategic Alliances & Marketing: 10%

COVER has no token allocation reserved for the team. All incentives are tied to platform growth and revenue, aligning the team’s success with the long-term interests of token holders rather than benefiting from early token access or sales. ^[13]

Partnerships

• IBM Quantum
• Paal AI
• Shuffle 
• AWS
• Nvidia