24-5-2023 The demand for artificial intelligence (AI) in trading has never been higher, especially in the fast-paced world of crypto trading. The implementation of AI in trading could revolutionize the industry, offering traders improved decision-making, increased efficiency, reduced risk, improved portfolio management, and faster and more accurate trade execution. TradeGDT (Trading Generative Data Transformer), an upgraded version of a big data quantitative trading bot combined with AI, could be the champion of the AI Finance (AIFI) era.
TradeGDT is a combination of the ChatGPT plug-in and a big data quantitative trading bot. This allows TradeGDT to communicate with users more intelligently and flexibly, and users can communicate with TradeGDT to execute orders. Through AI pattern learning, TradeGDT can analyze and study user data and the dynamic trade model, identify the profit model belonging to the trader, and then formulate a set of trading models for automation execution. This makes TradeGDT the trader’s AI smart trading assistant, a better version of the trader itself.
TraderDAO has been engaging in implementing AI in crypto trading since the start of 2022. The TraderDAO team has been expanding, and since gaining its team component, it has greatly accelerated the development of TradeGDT. The MVP (Minimum Viable Product) of TradeGDT has been launched to the market in close partnership with Bybit. Within four hours of its launch, it hit the market with a bang, representing more than 10% ($330mil) of Bybit’s 24-hour Trading Volume. This trading volume was inspired by $POT, a trading fee-sharing token in TraderDAO that acts as the AI data training incentive. Traders can perform trading to mint $POT and enjoy the fee-sharing premium of the entire platform. The minting of each $POT requires a corresponding fee coming from a trading fee rebate.
$POT is a utility token that incentivizes AI training, while $HOT is the governance token of TraderDAO. $HOT is deeply rooted in the heart of TradeGDT’s utility, serving as the fuel that is burned off to use or operate all the upcoming functions and features of TradeGDT AI.
TradeGDT’s potential and the $POT token’s value are limitless, as the market continues to add new trades in, providing data for AI pattern learning, powering the development of TradeGDT. As the AI trend continues to make waves around all spaces, ChatGPT is at the forefront of the AI movement, elevating the AI trend and broadening people’s vision towards AI. TraderDAO AI TradeGDT could be the beginning of the AIFI trend, with limitless potential.
