As a crypto investor, you probably have a diverse range of tokens and coins in your portfolio, stored across multiple wallets. But, managing these assets can be a daunting task, especially when the market is volatile and every altcoin seems to be on the rise.
Enter SingularityDAO, a decentralised, blockchain–based organisation that is changing the game with its AI-powered portfolio management tool. In this article, we’ll take a closer look at SingularityDAO and explore how it can help you manage your assets more effectively.
What is SingularityDAO?
SingularityDAO is a DeFi protocol that uses AI to monitor market trends and provide investors with insights on how to manage their assets. At the heart of SingularityDAO’s platform are dynasets, which are managed trading pairs that are dynamically adjusted by the AI algorithm.
Founded in May 2021 by co-founders Marcello Mari and Mario Casiraghi, SingularityDAO has quickly gained traction in the market. The team is transparent about its members, which include an AI scientist, a Marketing Head, and a Product Lead. The platform has also raised $5 million to date and is currently in its open beta stage, meaning that anyone can try it out.
Why SingularityDAO is Different
What sets SingularityDAO apart from other portfolio management tools is its commitment to democratizing access to professional-grade investment tools. The platform is designed to give all investors, regardless of size, access to the same tools that were previously only available to institutional and accredited investors.
At the core of SingularityDAO’s offering are its dynasets. Each dynaset is an AI-powered trading pair that is managed by an algorithm. The current dynaset consists of BTC and USDC, which are both ETH assets wrapped in BTC. The AI algorithm dynamically manages the investment by buying more BTC or selling it to hold USDC, depending on the market conditions.
The Results Speak for Themselves
During the closed beta test, dynasets like dynBTC, dynETH, and dynSING outperformed their underlying assets for a 3-month period. In fact, dynBTC beat just holding BTC, and dynETH beat just holding ETH for the same period. The dynasets also outperformed other professionally managed options, such as Grayscale and Van Eck ETFs.
SingularityDAO is committed to making dynasets accessible to everyone, regardless of their level of experience or the size of their portfolio. With dynasets, investors can enjoy the benefits of AI-powered trading, without having to worry about the complexities of managing their assets.
Join the SingularityDAO Community Today
If you’re looking for a user-friendly, AI-powered portfolio management tool, SingularityDAO is the perfect choice. With its commitment to accessibility and democratizing access to professional-grade investment tools, SingularityDAO is taking the market by storm.
