Cryptocurrency combines with forex trading technology in Compcoin ICO

Compcoin is described as “the first proprietary investment blockchain utilizing artificial intelligence for…money management” and is currently running an ICO sale of its tokens.

Participants in the this crowdsale are able to purchase Compcoins as a passive investment, or to gain access to the algorithmic trading technology developed by Fintech Investment Group, the company behind Compcoin.

Unlike many other cryptocurrencies Compcoin is not really designed to be used as a general purpose currency, although they do have all the same peer-to-peer transfer and payment capabilities. Instead they are essentially a software access token which grants their owner the right to benefit from automated saving and investment opportunities.

ART: A proprietary trading algorithm utilizing artificial intelligence

The main function of Compcoins is to grant their owners access to ‘ART’, an automated algorithmic foreign currency (forex) trading platform.

The purpose of ‘ART’, which gains its name from its use of artificial intelligence to analyse markets, is to offer ordinary retail investors access to the same kind of high-speed automated trading technology used by large institutions and wealthy investors.

The algorithm uses access to ‘Big Data’, along with sophisticated machine learning, predictive analytics algorithms and Bayesian logic to make accurate predictions on global currency markets. In particular, it focuses on the US Dollar to Euro (USD/EUR) exchange pair. Over eight years of controlled lab testing, these techniques have yielded an average 10% quarterly return on investment (ROI). That is much higher returns than most individual investors can hope to achieve, and is on a par with the top hedge funds which often make use of similar technology.

Users can activate ART by sending Compcoins purchased during the ICO, or afterwards from other users, to the designated address. After doing this, you are eligible to link your own forex brokerage accounts to the trading platform, authorizing it to make trades on your behalf.

Because ART executes trades within your own account, you do not need to entrust your funds to anybody else. They stay in your own account at the brokerage of your choice (the system works with a long list of brokers, including the most popular service providers in the industry).

At the end of each quarter previously used Compcoins are returned to client’s wallets, with only a small transaction fee deducted.

The Coin

In addition to the earning potential from the ‘ART’ algorithm, coin holders may benefit from an increase in the value of the coins themselves if the platform is successful and continues to deliver the same ROI shown in historic tests due to increased demand from investors.

Compcoins are the only payment method accepted for access to ART, and the number of coins is limited to 10 million or however many have been minted by January 2020, whichever comes first.

You can get more information about Compcoin and participate in the ongoing ICO by visiting the Compcoin website.