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 where its Bitcoin and Ethereum products drove underlying asset portfolio growth of 61% and 111% respectively.
DynaSets are portfolios of tokens that are dynamically managed through advanced signals powered by data science, indicators and in-house AI to measure market trends, economic events, politics and more influential factors in order to execute 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 into the dYdX market, thereby borrowing funds from the broker 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 struggle to navigate it. Tools are needed to help them make decisions. However, reliable portfolio management tools are only available to wealthy individuals and institutions. DynBTC and DynETH have a proven track record, and our new geared 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 ends on October 25 at 12:00 UTC. A minimum of $500 is required to participate.
SingularityDAO brings first-class DeFi portfolio management tools to the cryptocurrency industry without running into the hurdles that might deter the mainstream. SingularityDAO also has a wealth of knowledge and experience from SingularityNET, which has many world-renowned AI researchers, such as CEO Ben Goertzel, on its 100+ team. The SingularityDAO brings together all the elements necessary to forever change the face of DeFi and cryptocurrencies, and its ethos strives towards the inclusion of everyone on the path to creating a beneficial singularity.