Flamingo has introduced a brand new partnership with AlphaNet, an AI platform that gives companies for cryptocurrency buying and selling markets. The 2 entities will collaborate on integrating AlphaNet companies into the Flamingo platform, together with offering buying and selling insights and indicators, in addition to AI instruments to raise the person’s buying and selling expertise.
AlphaNet is a part of the AI product suite inside the Phoenix umbrella. Phoenix is a decentralized AI infrastructure supplier that lately partnered with Neo to discover how AI can speed up blockchain expertise and drive mass adoption on Neo X.
AlphaNet gives three product sorts: insights, indicators, and chatbots. Insights makes use of AI fashions to offer indicators concerning market circumstances, traits, and order flows. Indicators supply cues for various methods and timeframes that can be utilized to execute trades primarily based on statistical fashions, which may also be optimized by leveraging Phoenix’s AI companies. Lastly, the chatbot is a Telegram bot designed to supply context in regards to the underlying DeFi platform.
In a dialog with Neo Information At this time, the Flamingo staff famous AlphaNet’s buying and selling indicators and insights are chain agnostic, which signifies that each can supply assist for Neo N3 and X.
Wanting ahead, the primary integration Flamingo customers can count on to see will embody the AlphaNet Telegram bot, which is able to present buying and selling indicators for token pairs supported on the DeFi platform. Later, the Flamingo staff goals to combine assist for AlphaNet’s insights, permitting customers to view AI-created charts straight on the Flamingo dashboard.
The announcement could be discovered on the hyperlink beneath:
https://x.com/FlamingoFinance/standing/1806689051069628624