SingularityDAO, a company specializing in the development of advanced trading tools for individuals, announces the official launch of DynaSets, its cryptocurrency trading tool. The launch follows a particularly successful beta phase, which saw its Bitcoin and Ethereum products drive underlying asset holding growth of 61% and 111%, respectively.
DynaSets are portfolios of tokens dynamically managed through advanced signals powered by data science, indicators and in-house AI, to measure market trend, economic events, politics and more influencing factors for the purpose of executing transactions.
Marcello Mari, CEO of SingularityDAO, said:
“These are exciting times for both SingularityDAO and the crypto community. DynBTC and DynETH have passed several rounds of rigorous testing and we are now confident that they are ready for widespread use.”
The official launch of DynBTC and DynETH will be accompanied by a new DynaSet which will enter the open-beta testing phase. The “leveraged DynaSet”, dynDYDX, will allow users to deposit their funds on the dYdX market, thus borrowing funds from the broker in order to make trades.
Along with the launch of DynaSets, SingularityDAO will introduce new branding and an improved user interface.
Mr. Mari added:
“The cryptocurrency market is volatile, and players are struggling to navigate it. Tools are needed to help them make decisions. However, reliable portfolio management tools are only accessible to wealthy individuals and institutions. DynBTC and DynETH have a proven track record and our new leveraged DynaSet marks the next step in our mission.”
Users will have the opportunity to contribute to all three DynaSets for two weeks before starting to trade. The contribution window began on October 11 at 12:00 UTC and will end on October 25 at 12:00 UTC. A minimum amount of $500 is required to participate.
SingularityDAO brings top-notch DeFi portfolio management tools to the cryptocurrency industry, without running into the hurdles that might put off the mainstream. SingularityDAO also has a wealth of knowledge and experience offered by SingularityNET, which has many world-renowned AI scientists, such as CEO Ben Goertzel, on its 100+ team. SingularityDAO brings together all the elements necessary to forever change the face of DeFi and cryptocurrencies, and its ethos strives towards the inclusion of all on the path to creating a beneficial singularity.