Cryptocurrencies are a rapidly expanding market and for that reason, prices can be extremely volatile which can be off-putting for some people. Alphacat realized this and in response, is paving the way for both large and small investors to make profits, whether the market is up or down.
Alphacat will be the world’s first robot adviser marketplace that is focused on cryptocurrencies. The Alphacat platform will consist of robots that utilize both artificial intelligence (AI) and ‘big data’ to predict the future price of specific cryptocurrencies.
The goal is to make it easier for the average person to invest in the cryptocurrency market by offering them an advisory service with unrivalled levels of accuracy.
The technology has already proven to be extremely successful in the stock market, and after long internal trials and testing in the much more volatile crypto market, Alphacat has been able to replicate those successes.
Alphacat’s AI robots use big data to calculate the likelihood that a particular market will increase, and to date, its price prediction for Bitcoin has an accuracy of 60%. There is no other prediction platform on the market with this level of accuracy. The platform is set to go live in Q3 of this year.
By following the AI robot’s advice an investor will be able to gain an edge in any market, whether it was going up, down or sideways!
To date, Alphacat has been used primarily for Bitcoin, but this technology can be applied to any cryptocurrency on the market and in the near future, it will have prediction platforms for other popular coins, such as Ethereum, EOS and NEO.
One of the main factors that makes Alphacat stand out from the crowd is the incredibly strong team that they have built.
The founder and CEO, Dr. Bin Li, is the former VP of wealth management behemoth Merrill Lynch and the former Executive Director of Swiss global financial services company UBS.
His all-star team consists of over 30 experts in the fields of AI, machine learning, finance technology, big data, and blockchain technology.
On top of that, Alphacat has already attracted more than 20 institutional investors and well-known individuals within the investment community, with the likes of Bo Shen (Founder of FenBuShi Venture Capital) and Richard Wang (Partner of DFJ Dragon Fund) getting onboard.
Alphacat is still in its early stages and, due to the fact that it is a Chinese project, has largely flown under the radar with regards to western investors.
That is all set to change as 2018 unfolds, and with the token price currently sitting under one cent (at time of writing), there is incredible potential for growth. This really is an opportune time to get in before things really take off.
At present, the Alphacat token (ACAT) can be traded on Kucoin but it will soon be listed on another major exchange Hitbtc, and when that happens, they will hold a large giveaway for ACAT token holders.
Albert Einstein famously said, “In the middle of difficulty lies opportunity” and this is, most definitely, true with regards to cryptocurrencies. Alphacat has emerged at the perfect time to take advantage of this volatile market and help amateur investors to make hay, whether the sun shines or not.
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This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.