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Thank you for stepping in and asking these interesting questions. Below the answers for each.
So this is still a work in progress
Yes this is a work in progress and we are at the final stage right now.
Does this "top of the line industry experts with decades of experience" has a name?
Yes of course, most of the team are persons with high tech profiles who are still working for big companies and at this stage they cannot reveal their identities because that would put them in trouble, but once we raise sufficient funds from the private investors to support them they will be able to resign and go public (of course that will be before the ICO)
Why do investors need to sign NDA? I have been hearing as of late projects requiring NDA now, it's this becoming the norm?
Only private investors will have to sign NDA because they will have the privilege of a full demonstration and of course they may ask some questions related to some confidential information (such as algorithms, data collection, the team ...) and in this case we cannot rely on ethical duty of confidentiality.
What differentiate you from all other AI bots specially for arbitrage?
Very interesting question and the long answer is included in the whitepaper but since its not public yet i will try to make a short answer for that.
First arbitrage is only one of the bots that we have. Most if not all of the solutions that we have seen in the cryptocurrency market are limited to the deterministic arbitrage which occurs when you simultaneously buy and sell a crypto asset to benefit from an existing price difference on cryptocurrency exchanges. In addition to just usual arbitrage (which is doomed to die out as the crypto market becomes more and more crowded), Our arbitrage bot takes advantage of newer and more advanced arbitrage techniques to profit in a populated market. One such method is statistical arbitrage, in which ARB AI sifts through data in order to spot opportunities among correlated cryptocurrencies. With computation power increasing rapidly, more futuristic techniques such as Hashing Arbitrage are soon to be integrated as well. Not to mention the fact that all the components of our platform has been written to allow for very low latency and high speed which is not something we have seen so far.
We appreciate your positive feedback, we will be more than happy to answer any other questions that you may have.
Thank you.
I guess I needed to research more about ARB or Hashing Arbitrage you mentioned. Traders are still on the traditional way of arbitrage trading, but I'm not really sure if it will be saturated, although it's good to hear other strategies as well to maximize every trader's profit in the cryptoverse.
I understand that developers need not to disclose their identity as this point, but I'm sure the once your product goes live, that is the question that you will hear a lot specially coming from this community.
I totally agree with you traders are still on the traditional way of arbitrage trading, this is exactly the reason why we are stepping in. Let me just remind you that arbitrage existed and still exists on the stock, bond and foreign exchange markets. However, the development of quantitative systems by institutions designed to spot price differences and execute trades across separate markets has put arbitrage trading out of reach of most retail traders in these markets, and this is going to happen also in the cryptocurrency market, we are one of the first to do that
Of course we understand that at some point our team will have to go public and this is already planned i promise you that.
If you are interested in our demo/ or if you want to get more information about our project we will be more than happy to do it for you.
Thanks again for your questions don't hesitate if you have any left. you can also PM me for more private info.
Best Regards
Well that sounds interesting, iam a little bit skeptic when it comes to passive income projects as most of them turns out to be scam, but looking at the screenshots above i think it is worth checking this out, i will follow this project for sure to see how it turns out. i wish you the best of luck and i hope that you will go live soon.
I have read a little bit about the arbitrage techniques that you mentioned above it defiantly looks interesting.
