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- ‘DynaSets’, SingularityDAO’s world leading crypto investment tool, has beaten returns on Bitcoin and Ethereum by 32% and 45% respectively
- DynaSets could remove fears of crypto winter and present new investors with a safe route into the market
SingularityDAO, an organisation using a unique combination of AI and best-in-class hedge fund traders to create tools for everyday investors in crypto, has just announced market-beating performance results of its crypto trading solution, ‘DynaSets’, during its beta period, beating returns on Bitcoin and Ethereum by 32% and 45%, respectively. This means that in 76 days SingularityDAO turned 10 Ethereum into 22 Ethereum, and one Bitcoin into 1.6 Bitcoin.
DynaSets are baskets of cryptocurrency tokens dynamically managed by professional hedge fund traders and AI developed by the SingularityDAO team. The AI powering DynaSets monitors and analyses market sentiment, economic events, politics and other influencing factors to identify the optimal moment to execute trades. DynaSets can quickly react to potential crashes, ensuring high levels of protection for investors' funds.
Marcello Mari, CEO of SingularityDAO said:
“The crypto market has been experiencing unprecedented levels of volatility recently. The TerraLUNA crash, Coinbase hiring freeze and Celsius filing for bankruptcy have all taken a heavy toll on the market and left many in the space fearing that crypto winter is here. Throughout these events, DynaSets has been a salvation for investors, protecting their funds from the volatility.”
With the beta period now concluded, DynaSets will be officially launching later this month. The launch will see a new DynaSet join dynBTC and dynETH, dYdX - a derivatives based DynaSet with the ability to both short the market and apply leverage to trades.
Mari added:
“While there are a number of crypto hedge funds promising strong returns for investors, most require high ticket entry and are difficult to access. SingularityDAO created DynaSets to democratise access to professional investing tools and the open beta period has proven that it can be done.”
“The open beta period of DynaSets has proven to be a huge success for SingularityDAO and leads on to the official launch, which is soon to take place.”
SingularityDAO was created to democratise access to sophisticated trading tools. It is part of the SingularityNET ecosystem, a leading AI company led by Ben Goertzel, who created Sophia the AI Robot, the world's first robot citizen, in partnership with Hanson Robotics.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.