Monaco, 28th Aug 2023, King NewsWire – Aladdin ERC was inspired by BlackRock’s “Aladdin”, a portfolio management software managing ~7% of the world’s assets (2018), an amount equivalent to multiple 10s of trillions of dollars. Aladdin ERC has taken similar Machine Learning (ML) technology, reformulated it and brought it to the low/micro cap cryptocurrency space. Aladdin is the first publicly available AI & ML powered trading assistant specialized in the trading of low and micro cap erc-20 tokens.
How does Aladdin Work?
Aladdin’s AI-powered trading assistant is made up of an ensemble of Machine Learning (ML) models using Mean Absolute Percentage Error (MAPE) and other standard accuracy metrics. It facilitates and improves the trading experience of its users via the use of precise technical analysis strategies, algorithms and probability distributions. Aladdin’s foundation is built upon the interpretation of oscillations, discrepancies and variations between the moving averages of the traded asset’s price movement. By examining and interpreting moving averages such as the Simple Moving Average (SMA), the Exponential Moving Average (EMA), and the Moving Average Convergence Divergence (MACD), Aladdin is able to accurately report the probability of both upwards and downwards price momentum. This accuracy is further improved by the examination and interpretation of other indicators, such as the Relative Strength Index (RSI), the Fibonacci Retracement Levels, the On-Balance Volume, the Volume Profile and the Token Velocity. Aladdin also scrapes token social medias such as telegram and twitter, analyzing certain metrics such as community engagement and post frequency, and correlating these with price growth in order to allow for an even greater prediction accuracy. As a Machine Learning program, Aladdin constantly evolves, learning from its mistakes and creating an ever improving trading experience for its users.
How Can You Benefit From Aladdin’s Technology?
There are two main ways in which you as a low cap trader can benefit from the revolutionary technology being created by Aladdin. The first and most obvious is simply to use Aladdin’s AI powered trading assistant. Simply pay the monthly subscription of 35 USD/month, and benefit from a full portfolio manager which manages your low cap assets for you. The second way to benefit from this new tech is by buying Aladdin’s native ERC-20 token, $ALD. Aladdin shares 100% of the revenue it generates through subscriptions and trading fees with holders of the ALD Token. This means that holding 1% of the token’s total supply in your DeFi wallet makes you eligible to receive 1% of every single subscription and every single fee collected on trades executed.
As a first mover in the space, Aladdin has a considerable advantage. AI is an ever growing industry, as is cryptocurrency. By combining the best aspects of both, Aladdin has truly created a monster of a product which anyone can benefit from.
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