"Because of how noisy the data are, nobody has been able to deploy a strategy quantitatively," Hu said in an interview. "We've come up with a solution by indexing many information sources and leveraging the AI to understand tweet by tweet terms of sentiment and a semantic understanding of future trends."
"From our perspective, we really want to democratize advanced AI technology and bring it to the hands of average traders," explained Yu Hu, CEO of Kaito.
Woo X plans to invite bets on weekly copy trading competitions between the most copied human traders and George, the AI, trying to predict who will come out on top.
Sentiment analysis of social media platforms has been applied to traditional trading, but the signal in Crypto Twitter is about an order of magnitude noisier, driving a huge amount of retail trading.
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