The popularity of cryptocurrency is increasing every day. As more people seek to benefit in the long run from virtual currency, they look more and more towards investing. However, because of the unpredictability and volatility of the crypto market, this may be seen as a risky move.
Also, because cryptocurrency investing is still a novel idea to some people, would-be investors are often too overly concerned and worried about this seemingly risky business. That’s where FOS AI hopes to help.
Fund OS (FOS) is a smart contract- and blockchain-based cryptocurrency platform aimed at investors. The platform uses algorithms powered by AI to allow investors make the best investment decisions at the best times. Because of this, FOS has been designed not only for digital currency investors but for hedge fund managers and investment strategists as well. Their aim is to drastically increase the development of blockchain-based digital asset investments.
One of the great advantages of this platform is that it connects both seasoned- and first-time investors to interact without any third-party involvement, which may drastically reduce counterparty risk. In addition, transactions can be made 24 hours a day, seven days a week. Transaction times can also be reduced to mere minutes, as opposed to more traditional means of investing.
The AI algorithms also add a security factor to all investments. The platform is able to quickly analyze large quantities of data, and also combat fraud by monitoring the behavioral patterns of its users. Additional security comes in the form of transparent and immutable, or unchangeable, transactions. Also, because it’s a decentralized platform, it is able to efficiently withstand any malicious attacks.
Because FOS has also incorporated Global Eye onto its platform, users will be able to track the real-time trading data of 56 digital currencies all over the world. This, coupled with the AI algorithms, will ensure that users can make reduced-risk investments quickly and safely.
FOS AI’s pre-sale reservation period is currently underway, starting on the 14th of September and ending on the 8th of October. Their presale will begin on the 9th of October and will last until the 30th of October. Their goal for the presale is set at 5,000 ETH with a hard cap of 20,000 ETH. The site will be accepting both BTC and ETH.
The platform also aims to have their online FOS wallet available early next year.