Gimmer, the innovative automated cryptocurrency trading platform, arrived in Dublin last weekend. Marketing Director, Michel Comini, gave a presentation on the AI bot technology underpinning the Gimmer platform during an event for crypto traders in IIFT, the Institute of Investing and Financial Trading in Dublin.
Comini raised laughter when he quoted Gil Scott-Heron: “The revolution will not be televised.” before adding a question: “Do you think that the very rich put their deposits into banks?” The audience comprised of traders and HNWI concurred and shook their heads in reply.
“The Bitcoin market cap alone is bigger than some of the world’s largest banks such as HSBC and Citigroup.” said Comini.
“Back in 2014, 80% of all trading in Forex markets was done using bots (source) – but the tools used by these traders are expensive and not available to everyone. With Gimmer, we have different types of Bots, and not just ordinary Bots but AI decentralized Bots, to make them available to novice and experienced traders. This is a game changer.”
Comini walked through the roadmap of the Gimmer platform explaining how they launched a beta version of the platform early in 2017 and developed a range of special features for everyone, from experienced traders to complete beginners, making Gimmer uniquely positioned to launch crypto trading into the mass market.
Comini also spoke of the pressures of running an ICO – Gimmer is midway through its token sale which will close at the end of February. Many of the audience were interested in investing in ICOs.
“As investors, when you look at an ICO, first check out the team.” he said. “Make sure they are real. And then look at the product – is it real or blue-sky thinking?”
Gimmer differentiates itself by already having a demo product available that has been downloaded more than 19,000 times and has 97% active users. “We are a strong proposition.” he explained. “We have a proven technology and app. We have a strong community and we have great AI experts available like adviser, Dr Claudio Lima.
“Often the proposal for traders is to buy the rumor and sell the news.” Comini explained. “However, this ‘advice’ does not play well for day-to-day trading. What we are offering with Gimmer is a platform that even a novice trader can use. They can rent a Bot from our Bot Store to guide them through the volatile markets, while experienced traders can use the Bot Store to rent out their high-performing Bots to novice users and earn GMR tokens. It benefits everyone – and delivers the latest technology to assist retail traders. And of course the Bots run 24X7 which solves the biggest headache for anyone trading cryptocurrency.”