Superalgos Launches a Decentralized and Open Trading Intelligence Network -Breaking
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- Superalgos has launched its platform free for the design, testing and deployment of crypto trading bots.
- Superalgos has also posted its native token $SA to PancakeSwap
Superalgos, an international trading network, has launched its free platform to design, test, and deploy crypto trading bots.
According to the team, the launch comes after 4 years of development with many downloads during the open beta phase as the community builds up liquidity pools for its native Superalgos token — $SA on PancakeSwap.
Superalgos is an open-source platform that allows users to create advanced trading intelligence. The platform includes a visual strategy debugger and designer, as well as integrated data-mining and charting systems, multi-exchange executions, AI model optimization, tradingview integration and many other features.
Superalgos’ blockchain platform offers scalable services, starting with a Raspberry Pi and ending up in industrial-grade trading platforms.
Superalgos also stated that tokens can be used by the community to add value and contribute to the common good. This includes code and strategies as well as processed data and activities related to business and project development. Contributors receive token rewards for their participation. This encourages collaborations between the community and a shared goal to grow the network.
Julian Molina is the Marketing Lead at Superalgos and also co-founder. He shares his thoughts on his project. Molina:
We’re building a whaler fleet to hunt whales in crypto markets. This project can be described as a naval academy, complete with its own shipyard. This community creates the equipment and brings together top hunters to hunt. You can’t expect to be successful when you have to do the work of the captain, the deck officer, the seamen, and be the top-shot harpoon sniper at the same time! You work together to make the most of the market, arming to the teeth.
According to the roadmap for 2022, the project has a new dimension. Team stated that users of crypto could replicate trades made by top community teams using free social trading applications and leverage free trading signals distributed through a permissionless, censorship-resistant peer-to–peer network. To elaborate more, Luis Molina says,
It’ll be like a decentralized WallStreetBets. Reddit took several weeks for the Reddit community to come together to form a group to accept a GameStop (NYSE) position. […]Millions of cryptocurrency users can coordinate in a matter minutes to make positions. There are no intermediaries, and they do so over a P2P network without any plugs. Superalgos are going to disrupt the trading system as it is now.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information, including buy/sell signal data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
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