SINGAPORE - Media
OutReach - 11 November 2021 - On the evening of November 3, a
private research and analysis meeting on "Crypto Asset Allocation"
hosted by BAF Capita. This private meeting brought together a number of
industry elites, who focused on the current crypto industry and discussed in
depth how to better manage crypto assets. Aaron, the founder of Meteorite
Quantitative, was invited to this conference as a key guest and brought a
wonderful exchange.
According to Aaron, quantitative trading using computer technology to select a
variety of "high probability" events that can bring excess returns
from huge historical data to formulate strategies by writing software programs,
monitoring market transactions in real time, and setting some conditions. When
the market transactions meet these conditions, some operations are executed
automatically, such as buying, selling, etc. This can greatly reduce the impact
of investor sentiment fluctuations and avoid making irrational investment
decisions when the market is extremely fanatic or pessimistic.
Blockchain has developed rapidly in the last two years, and countless legends
have been born. In this mysterious world where new paths are constantly being
broken, a brand new force is gradually being accepted and recognized by people.
This is quantitative trading.
Nika, the CIO of Meteorite, said: "Meteorite is a decentralized
quantitative platform that supports a variety of quantitative strategies for
digital assets, simplifying the threshold for users to participate in
quantitative investment. Meteorite combines traditional CeFi and innovative
DeFi mechanisms, uses GameFi, NFT and token ecology to bring together quantitative
blockchain strategists and strategic users, and executes decentralized
governance in the form of DAO."
"For quantitative trading, high-quality strategies are a top priority.
However, along with the chaos on the platform, there is also the problem of
strategists. " Nika added.
Although some strategies offered by so-called strategists in the market promise
high returns and low risks, they have some credit problems. For example,
strategists and propagandists exaggerate or even falsify the effect of the
strategy, and some strategies use future factors that are over-adjusted and do
not match the real data. If there is a lack of long-term real data, the
strategy may only fit the market in the short term. Before using the strategy,
it is extremely difficult for users to perform risk assessment and risk
control.
According to the whitepaper, the Meteorite platform pre-screens all strategies
provided by strategists to verify the reliability of the strategy. Strategists
must provide at least 18 months of historical data on the exchange. If the
pre-screening is passed, a proposed listing strategy can be put to a vote.
Meteorite relies on solid strategic data and will build the first Big Data
platform in quantitative trading in the future, contributing to the long-term
development of the entire quantitative trading industry and promoting the
industry. This is the mission of Meteorite.
At present, Meteorite platform has completed the institutional funding round,
and the development of the global community such as Malaysia has begun to show
a spark. Quantitative trading must be the most suitable way to manage encrypted
assets in the future, and Meteorite Platform has taken on the important task of
this era, trying to make quantitative trading accessible to more people in
need.
The issuer is solely responsible for the content of this announcement.