RIO DE JANEIRO–(BUSINESS WIRE)–SingularityDAO, an organization that creates top-notch trading tools for ordinary people, has just announced the official launch of its crypto trading tool ‘DynaSets’. The launch follows an extremely successful beta period, where their Bitcoin and Ethereum products generated growth in the holdings of the underlying assets by 61% and 111% respectively.
DynaSets are baskets of crypto tokens that are dynamically managed using advanced data science signals, indicators and internal AI, which can monitor market sentiment, economic events, politics and other influencing factors to execute trades.
Marcello Mari, CEO of SingularityDAO, said:
“This is an exciting time for both SingularityDAO and the crypto community. DynBTC and DynETH have gone through several rounds of rigorous testing, and we are confident that they are ready to be used by a wide audience.”
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, and borrow money from the broker to trade with.
Along with the launch of DynaSets, SingularityDAO will launch new branding and an improved user interface.
Mari added:
“The crypto market is volatile and difficult for participants to navigate. They need tools to help their decision-making, but reliable portfolio management tools are only available to the wealthy and institutions. DynBTC and DynETH have proven successful, and our new Leveraged DynaSet is the next step in our mission.”
Users will have a two-week window to contribute to all three DynaSets before they start shopping. The contribution window opened on 11 October at 12.00 UTC and closes on 25 October at 12:00 UTC. A minimum of $500 is required to participate. Those interested can learn more here.
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About SingularityDAO
SingularityDAO brings 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 in their own team of 100+ people includes a number of world-renowned AI researchers, 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 inclusiveness for all on the path to creating a beneficial singularity. For more information visit www.singularitydao.ai.