I just finished an exclusive interview with the CEO and CTO of SingularityDAO, and they gave these press release alerts to share directly with YOU.
You’re hearing about it first, and tomorrow, I’ll have the interview to share with you.
Press Release #1
SOFTSERVE AND SINGULARITY DAO PARTNER TO BUILD SOFTWARE SOLUTIONS FOR CRYPTO ASSETS
Companies will bring enterprise-grade computing solutions to Blockchain and Decentralized Finance
AUSTIN, Texas-December 14, 2021- SoftServe, a leading digital authority and consulting company, has partnered with Singularity DAO to bring enterprise-grade computing solutions to Blockchain and Decentralized Finance. Singularity DAO brings AI-powered portfolio management to the crypto space akin to that of hedge funds in traditional finance yet without the barriers that prevent main street investors from participating.
“This alliance brings unprecedented innovation and software best practice to crypto,” said Chris Poulin, CTO at Singularity DAO. “SoftServe will provide cutting-edge IT services and advisory in data engineering infrastructure, system and network-level security, and best practices in software development life cycle. Singularity DAO will be sharing expertise in the cryptocurrency market data, and DeFi best practice, positioning SoftServe to capture more of the IT provision market in the emerging cryptocurrency category.”
“I believe that we are nearing a tectonic shift in the world due to crypto,” said Alex Chubay, CTO at SoftServe. “Projects in crypto and Web 3 space deserve our special attention due to their high rate of innovation and potential to create a huge impact on the fabric of our societies. This partnership will enable us to strengthen our position in building new decentralized financial instruments, and in applying our AI expertise towards Blockchain, De-Fi, and crypto, ultimately bringing SoftServe at the forefront of this space.”
With the digitization of the global financial system, the adoption of decentralized financial technologies by the enterprise is rapidly growing, fueling the demand for emerging tech. Leveraging hands-on experience in AI, ML, Blockchain, and others, SoftServe and Singularity DAO will transform this demand into real-life use-cases in the DeFi/crypto space.
“Singularity DAO’s mission of democratizing hedge fund quality tools is not an easy one,” said Marcello Mari, CEO of Singularity DAO. “It requires the expertise of some of the world’s top players in data science, engineering, and infrastructure building. From our first meeting, it was immediately clear that SoftServe is exactly the top player we’ve been looking for. I believe that it’s a rare occurrence to have such an alignment of intents and views with such a large enterprise. Together we’ll build the backend data infrastructure for the crypto world’s analytics.”
Singularity DAO is building an advanced set of tools for crypto and DeFi market analytics which will be used to judge market conditions and make informed decisions using AI. SoftServe will work to ensure that the AI employed by Singularity DAO receives clean and reliable data in a fast and coherent manner. SoftServe will also focus on security best practices to help protect multi-million-dollar transaction assets handled by Singularity DAO, making sure the transactions meet the highest security standards.
SoftServe is a digital authority that advises and provides at the cutting-edge of technology. We reveal, transform, accelerate, and optimize the way enterprises and software companies do business. With expertise across healthcare, retail, energy, financial services, software, and more, we implement end-to-end solutions to deliver the innovation, quality, and speed that our clients’ users expect.
SoftServe delivers open innovation-from generating compelling new ideas, to developing and implementing transformational products and services. Our work and client experience are built on a foundation of empathetic, human-focused experience design that ensures continuity from concept to release. We empower enterprises and software companies to (re)identify differentiation, accelerate solution development, and vigorously compete in today’s digital economy. No matter where you are in your journey.
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Senior Manager, Analyst and Public Relations
Analyst and Public Relations Lead
Press Release #2
SingularityDAO launches revolutionary AI-enhanced crypto investment product
- Today marks the Beta launch of DynaSets, hedge fund-like AI-powered dynamic token sets
- SingularityDAO is building sophisticated machine learning algorithms to predict market movements
- SingularityDAO’s DeFi protocol handles portfolio management on behalf of users, generating Alpha in both Bull and Bear markets
SingularityDAO, December 22, 2021 – SingularityDAO, the first project to spin off from SingularityNET, is today announcing the Beta launch of its DynaSets. As SingularityDAO’s industry-leading AI crypto portfolio manager, DynaSets are diversified baskets of cryptocurrency assets dynamically managed by a combination of professional Hedge Fund traders and AI, and curated by the protocol.
For this Beta launch, Hedge Fund traders will play a major role in all aspects of decision making, aided by ‘in training’ AIs. As the platform is developed, more and more control will be passed from Humans to AI until, eventually, the majority of decision making will be handled by AIs overseen by Humans.
Marcello Mari, CEO of SingularityDAO, said: “Until today, hedge fund quality trading tools were only accessible to those with enough network and liquidity. With our DynaSets we plan to democratize access to sophisticated trading tools powered by Artificial Intelligence. Anybody can add liquidity to our DynaSets and let our expert trading desk do the job while remaining in total control of their crypto.”
Influencers, Investors and the SingularityDAO community have all been invited to take part in the Beta launch. During the contribution phase, participants had a 5-day window from December 15th to submit their funds, after which all submitted tokens were “forged” together into the correctly weighted assets and the DynaSet can begin trading.
Today, those contributions will be forged into three DynaSets: dynBTC, consisting of Bitcoin and Stablecoins; dynETH, made up of Ethereum and Stablecoins; and dynSing, including all currently launched SingularityNET Ecosystem tokens (SDAO, AGIX, NTX and Stablecoins). In total, almost 3 million dollars worth of tokens were contributed. These three DynaSets will now run for two months, after which point the Beta test will conclude, any upgrades and changes will be made, and DynaSets will be opened to the general public for participation.
DynaSets leverage multi-layered smart contracts interacting with the 1inch Network to optimize trade efficiency on decentralized exchanges. With the ability to react to signals immediately and execute multiple trades across multiple liquidity pools simultaneously, limit slippage, increase efficiency and minimize fees, DynaSets have the capacity to optimize a portfolio’s Alpha generation. No centralized exchanges, sign-ups or accounts are required.
Much like Hedge Funds in traditional finance, DynaSets are dynamically managed collections of utility tokens. However, the DynaSet Asset Manager (DAM) can either be human, AI, or a combination of the two. SingularityDAO’s DynaSets are designed to handle many billions of dollars, and execute trades worth multi-millions of dollars in a single transaction.
“Our new Beta version represents our first successful attempt to advance the innovation in the DeFi space,” said CTO of Singularity DAO, Chris Poulin. “In this initial version, we have a combination of quantitative algorithms running, with human traders making the decisions. Meanwhile, in the upcoming 1.0 version, we will have finalized the synergy between man and machine. With both the crypto portfolio making passive yield 24×7, and our experts making the big alpha plays, this represents a true human-in-the-loop AI offering, and a revolution for DeFi.”
SingularityDAO is bringing AI-powered portfolio management to the crypto space, fulfilling a similar role as hedge funds in traditional finance, but without the barriers that prevent the masses from participating. SingularityDAO also has access to the full breadth of knowledge and experience offered by SingularityNET, which within their own team of 100+ people includes numerous world famous AI scientists, including their CEO Ben Goertzel. SingularityDAO has all the pieces in place to change the face of DeFi and Cryptocurrency forever and an ethos that guides them towards inclusion for all on their road to creating a beneficial singularity. For more information visit www.singularitydao.ai
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December 22 2021