In today’s new era of artificial intelligence, generative AI is now creating new content such as images, videos and text. With the help of deep learning algorithms like GANs (Generative Adversarial Networks), researchers are developing AI models that can generate realistic and original content. ChatGPT (Generative Pre-train Transformer) has elevated the AI trend and broadened the vision of AI’s potential, now providing conversation as human-like as possible.
For decades, trading has been one of the centerpieces of the financial markets and the broader economy, helping establish the market price of assets, securities and cryptocurrencies. Trading also creates liquidity in the market by providing a mechanism for investors to buy and sell assets quickly and easily, which is why the demand for AI in trading has never been higher. In crypto trading, where everything happens at lightning speed, human ability has been a limiting factor that is now driving the strong reliance and demand on bots. The next technological revolution is AI that’s as smart as a human, but with less emotion and the productivity of a bot.
TradeGDT (Trading Generative Data Transformer) is an upgraded version of a Big Data quantitative trading bot combined with AI. By combining the ChatGPT plug-in, it can communicate with users more intelligently and flexibly. Users can communicate with TradeGDT to execute orders and alert them to price dynamics. Moreover, through AI pattern learning, TradeGDT can analyze and study user data, dynamic trade models, identify the profit model belonging to the trader, and then formulate a set of trading models for automated execution as the trader’s AI trading assistant — a better version of the trader themself.
The TraderDAO team has been implementing AI in crypto trading since the start of 2022, with its TradeGDT proposed to cater to the demand within the crypto trading market. The TraderDAO team has been expanding and gaining its team that has greatly accelerated the development of TradeGDT. With a clear goal and commitment, TraderDAO, in close partnership with Bybit, launched an MVP (minimal viable product) that hit the market with a bang, reaching more than $330 million in trading volume on Bybit within four hours of its launch.
The trading volume was boosted by POT, a trading-fee-sharing token in TraderDAO that acts as the AI’s data training incentive. Via trading alone, traders mint POT and enjoy the fee-sharing premium of the entire platform. The minting of each POT requires a corresponding fee coming from the trading fee rebate. Therefore, minted POT is one-to-one, backed with real yield assets, and the POT treasury will grow bigger in value as the market continues to add in new trades that provide data for AI pattern learning, powering the development of TradeGDT.
POT is the utility token that incentivizes AI training, while the HOT token is the governance token of TraderDAO. HOT is deeply rooted in the heart of TradeGDT utility as the fuel that’s burned off to utilize all the coming functions and features of TradeGDT’s AI. TradeGDT will be traders’ smart trading assistance that revolutionizes trading via improved decision making, increased efficiency, reduced risk, improved portfolio management, and faster and more accurate trade execution. All these are benefited with HOT as the gas fee token, fueling the path to the trading revolution.
As the AI trend continues to make waves in all spaces, ChatGPT is moving to the forefront of the AI movement. TraderDAO’s AI TradeGDT could be the beginning of the AIFi (AI finance) trend, with the past hype brought forth by DeFi and GameFi. AIFi has an even more promising future with limitless potential, as trading is the center to all crypto token value, and with the combination of trading and AI, TradeGDT could be the champion of the AIFi era.
About TradeGDT
TradeGDT is a groundbreaking AI project that is transforming the trading landscape. Its team comprises skilled engineers from renowned institutions like Cambridge and TsingHua, with over five years of experience in quantitative trading. With a diverse management team representing talents from Singapore, Malaysia, Taiwan, Hong Kong, and the United Kingdom, TradeGDT’s team fosters innovation on a global scale.
TradeGDT offers an advanced incubation platform designed to help traders develop their AI trading brain, providing valuable assistance in trading or allowing others to follow their successful strategies. By seamlessly integrating sophisticated Hidden Markov Models with user-fed trading data, TradeGDT evolves and adapts to each trader’s unique trading patterns, precisely identifying the best entry opportunities for them.
The heart of TradeGDT’s ecosystem lies in TraderDAO, a decentralized autonomous organization that continually provides invaluable trading data to TradeGDT. With the input from a community of over 10,000 active traders, the platform generates a more powerful AI trading brain, enabling traders to achieve superior results.