• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Sponsored

Cryptics: Introducing the Crypto-Market to AI-Based Trading Solutions

Guest Author by Guest Author
3 years ago
in Sponsored
Reading Time: 3min read
Advertisement
Listen to Article

In two years, the crypto-market has experienced astronomical growth not just in numbers but also market valuation. The sudden increase in value and adoption has opened several opportunities for anyone willing to ride the bandwagon.

Cryptocurrencies are moving beyond reliable and independent ecosystems of money transfer to form efficient and creative token economies. For instance, the cryptocurrency version of crowdfunding, Initial Coin Offerings (ICOs) are quickly turning breakthrough ideas into real-world businesses. In comparison with 2016, the number of ICOs increased three-fold during the first three quarters of 2017 along with the volume of investments, which grew 20 times to cross $2 billion.

Advancing Forecasting Algorithms Which Can Be Further Used for Trading Crypto-Assets

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

However, even with such impressive terms of growth, the crypto-market is still not as efficient as desired. The evaluation of the market shows significant volatility, which can be attributed to the lack of knowledge and methods for the correct estimation of value. One way to tackle this problem of market efficiency is to provide support for those market participants who take the risk of drastic changes in the market, liquidity for exchange and a safety cushion for the retail investor.

In the spirit of diversification and healthy competition, Cryptics plans to solve the aforementioned problem by advancing forecasting algorithms which can be further used for trading crypto-assets.

How exactly will Cryptics achieve this? Efficient and stable markets are profitable to everyone for sure. Cryptics is going to increase the safety and reliability of crypto-market by providing transparency and understanding of inner mechanics to traders and investors, as well as a platform that connects all of them to each other and to the scientific community. As a result, miners will be able to get more leverage by providing their services to the Cryptics community and investors will get effective tools for short-term and mid-term investment opportunities.

The Decentralized Creation of Private Funds

Cryptics platform combines four modules in such a way that all facets of the issues described above are tackled in an integrated manner. This includes; forecasting engine, auto-trading engine, fund infrastructure, integration with research and academic community.

Cryptics will first introduce an algorithm focusing on predicting changes in the valuation of crypto-assets around the world, both in respect to fiat currencies and cryptocurrencies. These predictions will be made available to any user of the Cryptics platform either for private purposes or for building a trading strategy and create a fund on the Cryptics platform. The auto-trading module then enables the user to execute the forecasts on crypto-asset exchanges of their choice immediately. This module will have an embedded application that acts as a constructor of trading strategies, which will enable new Cryptics users to get acquainted with the services offered by the platform and gain information that will help them combine these services into profitable trading strategies.

Cryptics will also provide traders with an opportunity to run strategies on the platform which will be connected via API to various crypto-exchanges. With time, the platform will continue investing in robust and stable infrastructure systems to ensure fast and stable connectivity to the market anytime. This will facilitate the creation of an ecosystem where a platform user buys a forecast and follows a diversified strategy developed by a trader, who will hence build his own private fund, and act as a fund and portfolio manager. The trader’s profitability and risk profile will be outlined to each user to support decision making.

The team of developers at Cryptics will maintain mutually beneficial cooperation with the scientific community to help foster quick implementation of breakthrough developments in order to improve their services. Cryptics is also considering the creation of a non-profit platform for the academic community to share knowledge and experience through free webinars, courses, etc.

Financial Structure and Token Details.

The Cryptics utility token will be ERC20 compliant. It can be purchased against either ETH or BTC during the token sale. The token will be used for internal transactions between all parties within the Cryptics platform. For instance, a token owner can exchange CRYPTICS token for market forecasting subscription. The tokens will also be used by the traders to operate their private funds on the platform. Such relationships between traders and investors will be transferred to blockchain and regulated by Ethereum smart contracts, without any need for a third party. Since the platform’s profit will depend on the user profits, Cryptics will remain committed to providing access to reliable predictions and the best possible environment for its users.

The token sale is intended to provide funds which will be used for the platform development and to attract the best talent to make the product as reliable as possible. The ITO will start during the second quarter of 2018. A total of 66,000,000 CRYPTICS tokens will be on sale, with each token priced at 0.001 ETH.

More information about the Cryptics platform and its upcoming token sale is available at  https://cryptics.tech/

TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

coinmetro

After an Impressive Performance in 2020, the New Year Starts with a Huge Bang for CoinMetro

15 hours ago
Bitcoin of America

Bitcoin of America is on the Rise: Expands to 600 plus ATMs

3 days ago
Metaverse: The Bridge Over NFT To Integration

Metaverse: The Bridge Over NFT To Integration

5 days ago
FBC14

FBC Fund Has Tripled Investors’ Earnings Thanks to FBC14 Algorithm

6 days ago
bitcoin of america

How Bitcoin of America’s ATM Host Program has Helped Hundreds of Local Businesses

1 week ago
Folgory

A Debit Card for Your Coin with Folgory

1 week ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

There’s a New Bitcoin Wallet on the Line – Cryonik.io

January 25, 2021

Join PEAKDEFI – a Safer Way to Grow your Wealth

January 25, 2021

Cryptowisser Releases Report on Exchanges With Lowest Fees

January 22, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.