The Good Tech Companies - Meet ALAI Network

Episode Date: September 25, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/meet-alai-network. ALAI Network is introducing new approaches to AI-powered trading, offerin...g innovative strategies in the cryptocurrency market. Check more stories related to machine-learning at: https://hackernoon.com/c/machine-learning. You can also check exclusive content about #ai-trading, #multi-pair-trading, #tokenomics, #ai-powered-trading, #volatile-trading-market, #web3-trends, #trading-strategies, #good-company, and more. This story was written by: @zexprwire. Learn more about this writer by checking @zexprwire's about page, and for more stories, please visit hackernoon.com. ALAI Network is introducing new approaches to AI-powered trading, offering innovative strategies in the cryptocurrency market.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Meet Align Network, by ZEX Media. Align Network is introducing new approaches to high-powered trading, offering innovative strategies in the cryptocurrency market. The platform employs advanced technologies to implement two key trading strategies, designed to maximize results while minimizing risks. This press release provides an in-depth look at the two core strategies used by Ally Network. Strategy 1. AI Zoo with a 58.8% win rate At the heart of ALAI's trading infrastructure is the system commonly referred to as the
Starting point is 00:00:37 AI Zoo. This ensemble consists of over 120 independent machine learning models, each analyzing different aspects of the cryptocurrency market to provide a comprehensive overview of market trends and signals. Over nearly two years of development, this strategy has achieved a 58.8% win rate on the crypto market. The AI Zoo stands apart from traditional algorithmic trading by using multiple models, each specialized in analyzing different data types, from price action to volatility. By combining the results from multiple algorithms, the system generates one consensus decision, minimizing trading risks.
Starting point is 00:01:15 Strategy 2. Multi-Pair Trading, 40% Monthly Growth. Another key strategy of Ally is multi-pair trading. This strategy focuses on trading multiple asset pairs simultaneously, delivering 40% monthly returns, and is still in early battle testing phase. The multi-pair strategy capitalizes on short-term fluctuations across several markets at once, identifying entry and exit points based on real-time data. Trades are performed on a 4-minute trading graph and utilizes up to 32 trading pairs. The strategy reduces risk while increasing potential returns by diversifying assets. This structure allows Ally to effectively use market volatility, regardless of broader
Starting point is 00:01:56 market trends. Asterisk real-time adaptation and continuous learning. One of the key features of the Ally system is its ability to continuously learn from real-time data. Unlike many algorithmic trading systems that rely heavily on historical data, Ally is always, in the moment, adapting to current conditions. This prevents the system from being stuck on outdated data or trends, ensuring responsiveness to sudden market changes. Ally network does not store its entire trading history and continuous liar trains itself on the most recent data to avoid over-reliance on historical data. This approach enables the system to remain efficient in dynamic market environments. An example of this adaptability is August 2024, a month of significant market volatility and
Starting point is 00:02:41 downfall. Despite the fluctuations, our models were able to deliver solid 10.6% profit and profiting from volatility. Not Trends Another core feature of ALAI's system is its focus on volatility rather than global market trends. The system performs effectively by reacting to price changes, regardless of the market's direction. This enables a lie to remain profitable in any market condition, whether the market is rising, falling, or moving sideways. Risk Management – Minimal Drawdowns Ally places a strong emphasis on risk management. Despite employing aggressive trading strategies, the system maintains a maximum drawdown of 8-9%
Starting point is 00:03:21 per trading pair. Since at least 10 plus trading pairs are active simultaneously, even in the case of a drawdown, the overall portfolio loss is limited to just 1%. Additionally, Ally operates without leverage, ensuring the system's stability even during periods of high volatility. This conservative approach to risk allows the system to withstand market fluctuations while maintaining consistent performance. The token as an entry point to the system. The $ALY token serves as the key to accessing ALY network's trading system. IT operates under a deflationary model, setting it apart from many other projects that rely heavily on token price speculation. The $ALY token is not tied to market fluctuations, its primary value lies in the
Starting point is 00:04:05 utility it provides by giving access to the platform's features. The token acts as the entry point to the system and determines the user's participation in dividend payouts. This mechanism resembles traditional financial institutions, where dividends depend on the number of assets held. Payout system and classic financial principles. The Ally payout system is based on the number of tokens held, directly impacting dividend distribution. This approach draws from traditional financial models, where the more assets an investor holds, the greater their participation in profit distribution. It also supports the platform's deflationary model, incentivizing long-term token holders to increase their stakes.
Starting point is 00:04:46 Conclusion Ally Network implements innovative AI-powered trading strategies, combining the AI Zoo with multi-pair trading to achieve stable results. Thanks to real-time adaptation, risk management, and a transparent dividend system, Ally offers a unique opportunity for those looking to participate in the modern cryptocurrency market, providing long-term value and stability in volatile conditions. Info This article is published under Hacker Noon Business Blogging Program. Do your own research before making any financial decisions. N. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:05:22 Visit HackerNoon.com to read, write, learn and publish.

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