Cryptics Releases MVP
Cryptics, the world's first public crypto analytics based on AI has released its MVP, solidifying its offering as a functional product on the crypto market.
Well on the way to becoming the first and most backed project that seeks to offer the necessary instruments for alleviating the situation with uncertainty, Cryptics maintains the concept behind of supporting market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The Cryptics MVP demonstrates a fully functional dashboard for users and already highlights the main advantages of the system and its main competitive factors.
The first advantage of the system consists of its high frequency trading forecast, which updates data every 3 minutes. This unprecedented rate comes hand in hand with the second major factor, which consists of Day2Day forecasts with high accuracy and a P&L calculator. The efficiency of the system is unparalleled in comparison with any analogues as it boasts a 47 of 62 trade with profit. Such data is of critical importance to traders as its allows them to earn additionally on a daily trading basis over 40% per month, as experiment results indicate.
Such results have been achieved through testing by the implementation of the third factor ensuring Cryptics’ advantages. Social Media Analysis for the forecast engine has been integrated into the system, allowing the program to analyze data flows from the internet, pinpointing key terms and evaluating them on a complex scoring model using machine learning and AI. The addition of the analytical part is a key element of the Cryptics system as experience indicates that cryptocurrency prices are largely formed by hype, social behavior and speculative factors that propagate in a viral manner throughout the internet.
Tech Analysis is also integrated into Cryptics’ algorithms as AI forecasts indicators such as RSI, MACD, bollinger bands, Ichimoku, SMA, EMA, all affecting the chosen trading strategy.
The Cryptics MVP dashboard allows for intuitive and user-friendly selection of primary and secondary assets, exchange facilities and allocation of overall trading budgets. After the initial setup, the system allows receiving forecasts graphically and the inbuilt bot conducts trades according to the selected strategy. The statistics calculator allows depicting the number of accurate and inaccurate forecasts in conjunction with the “social” module, which shows influence of social signals on a particular currency and the chosen strategy.
The release of Cryptics’ MVP is a milestone for the project and allows all potential trades and investors the opportunity to evaluate the efficiency and functionality of the fully operational product that does not have any real competitors or analogues of complexity and efficiency on the market.