Cryptocurrency

Superalgos Launches a Decentralized and Open Trading Intelligence Network By CoinQuora – Investing.com



Superalgos Launches a Decentralized and Open Trading Intelligence Network
  • Superalgos launched its free platform for designing, testing, and deploying crypto trading bots.
  • Superalgos also listed its native token $SA on PancakeSwap.

Superalgos, a trading intelligence network, launched its free platform for designing, testing, and deploying 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.

As an open-source community-owned entity, Superalgos platform offers the tools to produce advanced trading intelligence. As per the team, the platform features a visual strategy designer and debugger, multi-exchange, integrated data-mining, and charting system, multi-machine execution, AI model optimization, TradingView integration, and much more.

Not to mention that the Superalgos blockchain platform provides scalable services starting from a single Raspberry Pi deployment to industrial-grade trading farms.

The Superalgos team further states that the community can use the token to contribute and add value to the common good, including strategies, code, AI models, processed data, and business and project development activities. As a result of their engagement, contributors get token rewards. This aligns community engagements towards a common mission of growing the network.

Julian Molina, Marketing Lead and co-founder of Superalgos also expresses his thoughts about his project. Molina says,

We’re building a whaler fleet to hunt whales in crypto markets. The project is like a naval academy with its own shipyard! The community builds the tools and puts top crews together to go out hunting. 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! Instead, you collaborate to work the markets together, armed to the teeth!

Based on the 2022 roadmap, there is a new dimension to the project. The team stated that crypto users could copy the trades of top teams in the community using free social trading apps and leveraging free trading signals distributed over a censorship-resistant permissionless peer-to-peer network. To elaborate more, Luis Molina says,

It’ll be like a decentralized WallStreetBets. It took several weeks for a Reddit crowd to coordinate to take a position in GameStop (NYSE:). […] In a matter of minutes, millions of crypto users could coordinate to take positions, with no mediators, pseudonymously, over a P2P network with no plugs to pull! Superalgos will disrupt trading as we know it.

Continue reading on CoinQuora

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