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How a Distributed and Collective Intelligence is about to disrupt the Hedge fund industry

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How a Distributed and Collective Intelligence is about to disrupt the Hedge fund industry

November 18
04:00 2021

A new blockchain token is hitting the market, promising to change the way Asset Managers make investment decisions on the financial market. 

The token is issued by Rocket Capital Investment, a Singapore-based Financial Institution that is airdropping 1 million “MUSA” tokens to a distributed network of 10,000 selected Data Scientists; these will contribute with their machine learning predictions to improve the Intelligence that powers the Hedge Fund engine in Portfolio Allocation. 

(Request your MUSA tokens here:

Our mission is to design a New Portfolio Paradigm combining internal financial expertise with external machine learning contributions, through a blockchain forecasting competition on the cryptocurrencies market, where the Collective intelligence is built on the Wisdom of several thousand blockchain-registered Data Scientists. 

“The weekly competition is easy to go”- said Giovanni Trombetta, CIO of the company- “Data Scientists only need a wallet, at least 100 MUSA tokens to stake on their models and their machine learning skills on the game”, the rest is in charge of a set of smart contracts coordinating all the competition processes, guaranteeing non-tamperability and privacy of the exchanged files. 

There is also a user-friendly dApp allowing Data Scientists to interact with the contracts, download datasets, and submit predictions in a safe and verifiable way; all the underlaying technicalities like Polygon, IPFS, cryptography, etc. are handled by the application and the smart contracts in a transparent way.  

“At the end of each week, the performance of the submitted predictions can be decrypted from IPFS, classified against the real market data, ranked, and published” – said Roberto Giaccio, CTO of the company.

“Participants could earn 3 types of token rewards: MUSA “staking reward”, granted for the simple action of staking in the Competition; “challenge reward” for the weekly best predictions; and a “competition reward” assigned based on the participant’s historical performance, a sort of career reward.”

“We want to revolutionize the Asset Management field with a decentralized and distributed intelligence – concludes Davide Capoti, CEO of the company – 5,000 hedge fund shut down in the past 5 years, because they have almost identical sylos structure, centralized investment approaches are a legacy of an obsolete past”,  the wisdom of the crowd generated by thousands of machine learning predictors paves the way for a revolution and the blockchain’s technology was the piece of the puzzle missing to certify Data scientist’s contribution and reward.

“We are still in the infancy of a field of research and development but the first results are very interesting, we foresee that the path is now drawn and many hedge funds in the future will follow in our footsteps.”

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