NEVIS / ACCESSWIRE / January 17, 2019 / Algowave and EndorScience recently collaborated to provide users with powerful coin predictions within the Algowave app. Algowave reports that the partnership generated cryptocurrency coin predictions at a success rate of over 80% through the Social Physics theory invented at MIT. Owing to this success rate, both the companies have decided to extend their partnership for 24 months.
Specifically, it predicts the performance metrics of a particular coin in in the next 1-2 weeks, will go up or down by 20% in volume. The company continues to grow and gather larger funds to leverage. The Algowave app can be downloaded at http://bit.ly/2BJeXzg.
The EndorScience predictive engine is powered by MIT “social physics” luminaries. Endor has its own dedicated coin on Bittrex, with ticker EDR. Endor Software Ltd was co-founded by Social Physics MIT professor, Alex Pentland.
Professor Pentland's achievements:
● Member of the U.S. National Academy of Engineering
● Leader at the World Economic Forum
● Director of the MIT Media Lab Entrepreneurship Program
● Winner of the DARPA Network Challenge
● A founding member of advisory boards for Google, AT&T, Nissan, and the UN Secretary-General
● Publisher of books “Social Physics” and “Honest Signals”
EndorScience also has some notable achievers on its advisory panel including :
● Cryptographer Stuart Haber, who had reportedly invented the first blockchain in 1995; which was 13 years before the invention of Bitcoin.
● Professor Alexander Liptop who is a member at MIT. He is also a partner at Numerai and has headed quantitative departments in Bank of America and Merill Lynch. Moreover, his work has been published in the Scientific American.
Viewing the success of this collaboration, crypto-trading enterprises worldwide are looking to integrate Algowave and EndorScience into their platform. CoTrader is a blockchain-based platform that features proof-of-performance of investment funds, and is planning to host Algowave-powered funds on their Ethereum powered mainnet.cotrader.com.
CoTrader enables fund managers to trade on behalf of investors, who could have their funds managed while still maintaining control of the assets. Fund managers could use the Algowave prediction app daily for optimal performance, and investors could simply choose the best manager with whom to invest. The platform is the world's first live blockchain-powered investment fund marketplace that offers investors proof of past ROIs, easy deposit and withdrawal of assets from funds, and transparent fee structures, enforced by blockchain smart-contract technology. The CoTrader team is planning to issue its tokens (COT) on exchanges in January.
The integration of Algowave and EndorScience helps CoTrader move towards its eventual goal of democratizing the global fund industry that currently values at USD $85 trillion and is reported to exceed USD $145 trillion by 2025.
The Algowave app is already working and available here.
Media Contact :
Gary Bernstein
cotrader.com
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SOURCE: Cotrader