CORE MAGAZINE April 2016 | Page 13

CryptoAI ICO Successfully Sells Out

CryptoAI is an intelligent trading hedge fund which aims to take "advantage of short­term market inefficiencies across a

multitude of cryptocurrencies". The asset comprises of a team of four men, two model architects, a trading systems architect and a networker / marketer. Two of the people from the team have revealed their identity so far. NXTInspect states that the ID information of these individuals remain consistent.

David Hancock

Dave Seyb

On March 13th, the ICO offically began and within a couple of days all assets were completely sold out. It must be mentioned that two of the largest purchases were made by members of CryptiAI. Nevertheless, the selling out of assets does illustrate the power of the NXT Asset Exchange to fund projects.

As stated above, CryptiAI uses Artificial Intelligence to determine it's trades. The methods mentioned are:

In sequential phases we will be implementing models based on:

- NLP (natural language processing) - analysing the semantics of social media, detecting influential posters, monitoring post frequency, finding influential terms

- Deep learning - advanced market prediction algorithm with deep representations

- GP ICM - predicting coin release time pumps and dumps and selling at the peaks, buying at the troughs.

CryptoAI ID: 3740008085952605235

www.cryptoai.io