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SingularityDAO’s AI-powered tokens are outperforming crypto markets

By Edlyn Cardoza

February 11, 2022

  • Bitcoin
  • DynaSets
  • Ethereum

SingularityDAO, DeFi, Launchpad, SingularityNET, USASingularityDAO, an AI-powered system for building curated baskets of crypto investments, recently announced initial performance metrics following the beta launch of DynaSets on 20th December 2021

DynaSets are tokens representing diverse baskets of cryptocurrency assets and are actively managed by a combination of professional Hedge Fund traders and AI algorithms.   

While the market has seen a steady decline across almost all cryptocurrencies since the start of 2022, the trading strategies underpinning DynaSets have been significantly outperforming the market. SingularityDAO has been able to collect performance data showing the following: 

  • Bitcoin DynaSet shows 10.3% better performance vs than just holding Bitcoin (BTC is down 9.5%, while DynBTC is up 1.8%)
  • Ethereum DynaSet shows 12.59% better performance vs just holding Ethereum (ETH is down 18.94%, while DynETH is only down 6.35%)

Capable of analysing the crypto market, current affairs, and many more factors in real-time, DynaSets are equipped to make well-informed trading decisions that can beat the market and generate a profit. They can react to signals immediately, limit slippage, and simultaneously execute multiple trades across multiple liquidity pools. 

SingularityDAO – originated from SingularityNET – aims to remove the stress caused by the issues currently associated with DeFi and crypto investing, especially its volatile nature.

“I’m impressed by the preliminary results from the beta version of our DynaSets. Over the next month we’ll be further empowering our traders with more tools including the ability to short the market and execute trades with leverage. We’ll also be launching real machine learning tools that have never been used in the crypto market before.” Marcello Mari, CEO.

The SingularityDAO community, investors, and influencers joined the limited beta entry for their first three DynaSets, reaching the cap instantly and raising over 2.5 million dollars. 

SingularityDAO’s AI algorithms and Hedge Fund traders identified potential trigger points for the crypto decline, such as the Fed’s hawkish policy shift, electricity price rise, and political instability of the world’s second-largest producer bitcoin, Kazakhstan.

As we move closer to our 1.0 product offering, we will further improve on the performance we demonstrated with our Beta. That is, deliver further and further automation with a constant focus on crypto asset protection and AI safety.” Chris Poulin, CTO

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