Proven Stock Market AI Trading Platform RISE to Focus On Crypto With STO Offering
German AI Platform RISE To Focus On Crypto, Offering STO
RISE, an innovator in the Artificial Intelligence (AI) financial trading technology space, recently announced that it will move into the cryptocurrency market, pivoting the Munich-based firm away from traditional asset trading.
Rise is a software company developing sophisticated algorithmic trading technology using the latest artificial intelligence (AI) and machine learning (ML) systems. Its algorithms have proven to outperform major markets in recent years.
The Germany-based software firm began life in 2012, and its algorithms are already being applied to stock markets, forex, precious metals, and other commodities. Since its launch, Rise says its technology has been “proven to outperform major markets.”
Unlike other platforms which have excluded clients because their investment size is too small, the company says it has taken pride in offering its products to all.
In recent years, Rise’s user base has grown – and according to its white paper, it currently has more than $50 million in committed assets under management. Hedge funds, insurance companies, large conglomerates, and financial institutions are among the big players who have started to use its algorithms.
“The playing field is being leveled for all who join Rise, as well as bolstering the cryptocurrency market itself with data-driven investment strategies that are free of emotional human bias, ignore the hype, and avoid the pump-and-dump marketing or boom-and-bust cycles that inevitably bring unnecessary risk to the market.”
Investors typically excluded from the consistent profits multi-billion-dollar funds made by using algorithmic trading will now be able to access the same cutting-edge technology regardless of their investment level – via the Rise Security Token Offering (STO).
Rise’s Security Token Offering
Rise’s STO will introduce the RISE (RSE) security token, which will provide a long-term passive income stream for token-holders, derived from various revenue sources. Investors will be entitled to a 20% share of all algorithm licensing revenues.
They will also receive regular returns from Rise trading algorithms. A further boost will be seen in the form of profits earned by leveraging RISE tokens with third-party lenders. All holders of RISE (RSE) will receive quarterly dividends from each of these revenue sources, resulting in a well-balanced, long-lasting regular payout via the Ethereum blockchain.
STO capital will finance the improvement of existing trading systems and development of new technologies to address additional market opportunities.
STO funds will also support the public global launch of the Rise trading platform via the Rise mobile app and will help to increase its assets under management (AUM) for the Rise algorithms. It will also be used to finance ongoing R&D and further expansion of Rise into global markets.
A private presale of Rise tokens has been taking place from Sept. 1 to Oct. 31, 2018, with a public sale taking place throughout November in three stages.
Following the end of the security token offering (STO), a full version of the Rise app, complete with all trading features, is set to launch in the first quarter of 2019.