Crypto Asset Management Tool Which Beat the Bear Market Launches – Asia Crypto Today

SingularityDAO, an organisation creating top-tier trading tools for everyday people, has officially launched its new crypto trading solution DynaSets. The tool uses advanced data-science-based signals, indicators and in-house artificial intelligence (AI) to monitor market sentiment, economic events, politics and other influencing factors to identify the optimal moment to execute trades. DynaSets are dynamically managed based on these insights, allowing for quick reactions to potential crashes, and ensuring high levels of protection for users funds.

Cryptocurrency investment poses unique challenges which arent faced by traditional finance. Markets are more volatile, open 24 hours, and with over 20,000 different cryptocurrencies to choose from, market participants need to consume a huge amount of data to make effective decisions. This is where DynaSets come in. The tool was designed to give everyday users access to the same tools as large hedge funds, offering them the same passive income opportunities that wealthier, traditional investors have access to.

The beta period for DynaSets was extremely successful, beating returns on Bitcoin and Ethereum by 32% and 45% respectively. The launch marks the culmination of more than a years work with a team of data scientists, developers and quantitative analysts to build a decentralized finance platform, the DynaSets product, sophisticated AI algorithms and advanced, effective trading strategies.

The AI underpinning DynaSets was also developed in conjunction with SingularityDAOs parent company, SingularityNET, working with its industry-leading AI which powers the brain of Sophia, the worlds first robot citizen.

Marcello Mari, CEO of SingularityDAO, said:

The crypto market is volatile and difficult for participants to navigate. They need tools to assist their decision making, but reliable portfolio management tools are only accessible to the wealthy and institutions.

Until today, hedge fund quality trading tools were only accessible to those with enough network and liquidity. This launch marks an important step in democratizing access to sophisticated trading tools anybody can add liquidity to our DynaSets and let our expert trading desk do the job while remaining in total control of their crypto.

The official launch of DynBTC and DynETH will be accompanied by a new DynaSet entering open-beta testing. The Leveraged DynaSet, dynDYDX, will deposit users funds on the dYdX exchange, borrowing money from the broker to trade with.

Mari added:

It has been a year of vigorous testing, working with best-in-class crypto hedge fund traders and some of the worlds most advanced AI to create dynamic trading strategies that we are really proud of, and the results speak for themselves.

Users will have a two week window to contribute to all three DynaSets before they start trading. The contribution window closes on the 25th October at 12pm UTC. To take part, a minimum of $500 is required. Interested parties can learn more here.

About SingularityDAO

SingularityDAO is bringing world leading DeFi portfolio management tools to the crypto space, but without the barriers that prevent the masses from participating. SingularityDAO also has access to the full breadth of knowledge and experience offered by SingularityNET, which within their own team of 100+ people includes numerous world famous AI scientists, including their CEO Ben Goertzel. SingularityDAO has all the pieces in place to change the face of DeFi and Cryptocurrency forever and an ethos that guides them towards inclusion for all on their road to creating a beneficial singularity. For more information visit http://www.singularitydao.ai.

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Crypto Asset Management Tool Which Beat the Bear Market Launches - Asia Crypto Today

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