A cryptocurrency asset management tool which claims to have ‘beaten the bear market’ has fully launched.
SingularityDAO’s DynaSets tool uses data-science based signals, indicators and in-house artificial intelligence 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 reaction to potential crashes.
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 beat returns on Bitcoin and Ethereum by 32% and 45% respectively.
The AI underpinning DynaSets was also developed in conjunction with SingularityDAO’s parent company, SingularityNET, working with its industry-leading AI which powers the brain of Sophia, the world’s first robot citizen.
“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,” said Marcello Mari, CEO of SingularityDAO.
“Until today, hedge fund quality trading tools were only accessible to those with enough network and liquidity. This launch marks an important step in democratising 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.”