Edgen released its AI âsuper appâ beta version for crypto traders, giving them AI-driven insights into the markets.
Companies are increasingly exploring AIâs potential to give crypto traders an edge. On Wednesday, May 14, Edgen released the beta version of its AI-powered âsuper appâ to the public. According to the company, the app is an integrated platform for specialized AI agents that tap into social sentiment and on-chain data in real time.
Edgen cofounder Sean Tao emphasizes that while the information traders need is already available, the tools currently available donât deliver data in a format thatâs optimal for decision-making. To address this, Edgen uses AI to simplify and streamline complex market data.
âMarkets today donât reward access to data â they reward the ability to reduce complexity faster than consensus. Thatâs what Edgen unlocks,â Sean Tao, cofounder of Edgen, Sean Tao, cofounder of Edgen stated. He added that âIf Bloomberg Terminal were invented today for a generation raised on Discord, DeFi, and ChatGPT, it would look like Edgen.âÂ
Edgen states that its tool leverages AI to process complex data and deliver actionable insights to traders, benefiting both novices and institutional investors. The company also claims that its AI agents can detect early signals, before they develop into broader trends, giving users a potential advantage.
âWe built Edgen to help traders make smarter decisions, faster. It gathers insights from the entire market and from everyone, learns from them, and gives them an edge. Markets move fast. Edgen helps people move faster and smarter. When information is everywhere, what matters most is how fast you can turn it into conviction. Thatâs what Edgen unlocks,â Sean Tao, Edgen.
Edgen is just one of the companies working on AI agents for crypto trading. On April 29, Oasis Protocol announced a platform where AI trading bots are verified through ZK-proofs, enhancing their security.