Definitely, cryptocurrency market opened new opportunities for traders, and even more, this the only opportunity for many of them since unlike the traditional markets, it's comletely borderless mainly due to its decentralization.
For me, it seems awesome to have a completely unregulated market, which is open to everyone around the world and works 24h a day. But we should also admit that the risks here are incomparably high, mainly due to human factors. It's much harder to preserve emotional stability in this kind of volatile market and it's completely clear that no one is able to monitor it round the clock.
That's why the necessity in automation here is much higher than on a traditional assets market. And that's why I've decided to tell about an awesome project called Signals today.
Signals Platform
The main goal of the project is to provide a way for everyone to create, use and share their own automated trading strategies without writing a single line of code and zero knowledge in machine learning. signals platform will consist of multiple marketplaces where anyone will be able to earn SGN tokens or purchase necessary products for building their own trading strategies.
Data Marketplace
The data is the main required element for creating an automated analytical tool, so here Signals users will be able to sell their trading datasets, which will include historical and current market data, also, data from social networks like Facebook or Twitter and other crypto related media. Also, developers will be able to automatically upload any crawled data using the APIs provided.
Indicators Marketplace
After collecting the necessary data, we'll be able to process it using the indicators provided by the indicators marketplace. If you're a developer you may develop your own indicators and place it on the marketplace.
Strategies Marketplace
After picking up the right data sets and indicators, you'll be able to create your own trading strategies and start to make money. But that's not all since SIgnals Strategies Marketplace will also give you an opportunity to share your strategies for copy-trading and receive rewards in form of SGN token.
This is only a brief view of the main Signals.Network features, to find out more please visit their official website, check out the whitepaper and the alpha marketplace.
ICO & SGN Token
Currently, Signals team are running an ICO of SGN token and they have reached the soft cap a couple of days ago. Considering the current market dip, it may be hard for this guys to reach the hard cup, but anyway, I hope they will do good. Also, I think it won't be superfluous to mention that the token price was planned to be $0.31 at the beginning, but since the Ether price was locked to $1000, now it worth much cheaper and investors who will get in now may get a good advantage.
That's all for today, I won't go into too many details, just hope I was able to raise enough interest for you to check out the rest by yourself.
Thanks for reading, upvoting and following, don't forget to leave a reply and share your opinion about this project :)