Alphacat has announced the alpha release of its ACAT Store for mobile browsers. Alphacat, claims to be the world’s first robot adviser marketplace powered by artificial intelligence (AI) and big data technologies, focused on cryptocurrencies.
The first component of the ACAT Store to go live is the market forecasting channel. It allows users to obtain robot price forecasts for four popular cryptocurrencies: BTC, ETH, EOS, and NEO. The Alphacat engine uses artificial intelligence and data collection to predict the exchange rates against the U.S. dollar at 15, 30, and 45 minutes after the time of purchase. The algorithms’ best guess is displayed on a price graph alongside upper and lower boundaries, between which the price is expected to lie 60 percent of the time.
The Alphacat store interface is currently tailored to mobile users. Users gain three free forecasts for each of the available cryptocurrencies after registering an account. In the future, users will be able to purchase access with the ACAT token.
Market forecasting will be a core offering of the Alphacat project, but other services such as risk management and technical analysis are planned for addition as well. Alphacat views its short-term forecasts as an important foundation upon which they will build and offer cryptocurrency investment strategies over longer time periods.
More information on the Alphacat project can be found at the below links.
Written by Colin Closser
Colin Closser, M.D., was a speaker at the first NEO DevCon in San Francisco. A devoted contrarian, he has managed the improbable: a peaceful and healthy life, despite holding a medical degree. He aspires towards the wisdom of Michael Lewis and Nassim Nicholas Taleb.