About

NFAi is a decentralized hedge fund experiment that represents the largest crypto-focused data science initiative within the cryptocurrency industry. Our team of experts hails from diverse backgrounds in finance, data science, and computer science. Our primary objective is to achieve an unprecedented goal - to establish a decentralized hedge fund that can distribute profits to its holders. We are also building CANIS on the Shibarium ecosystem utilizing non-custodial contract-based mechanisms to provide liquidity safely and effectively. This will provide a mechanism to help the growth of the Defi sector within Shibarium, as various protocols will need lending to provide various services within the blockchain.

Our team is motivated by a desire to democratize access to capabilities typically limited to a small portion of the cryptocurrency market. Specifically, we aim to provide the average cryptocurrency holder with the opportunity to benefit from algorithmic trading strategies traditionally employed in the equity and debt capital market sector. In pursuit of this vision, we remain mindful of the true ethos of DeFi, which seeks to replace traditional financial systems with decentralized alternatives. Since the inception of DeFi, we have observed various developments, but our focus remains on delivering an innovative platform that empowers the broader cryptocurrency community.

NFAi is a group of individuals working to advance the DeFi Hedge Fund Industry. While it is possible that other ‘copycats’ may emerge in the future to compete with NFAi, which we of course encourage, there are several factors that could give NFAi a long-term edge. NFA has already established itself as a leader in the DeFi Hedge Fund AI industry. This network gives NFAi a significant advantage over potential competitors and makes it more likely that new players in the space will choose to join NFAi and help development rather than form their own organization or invest in ‘copycat’ companies. NFA has a team of highly experienced technical, financial & hedge fund experts who are knowledgeable about the latest developments in this industry and are able to provide guidance and support to its community. This technical expertise will be difficult for competitors to replicate, as it takes time to build up the necessary knowledge and experience. Overall, NFAi's reputation, brand recognition, thought leadership, and overall expertise give it a long-term edge over potential competitors. These factors are likely to continue to be valuable assets for NFAi as our industry evolves and grows.

Athena is essentially an AI trading algorithm and is made up of three algorithms. Including Alpha, Beta & Gamma. Athena Alpha consists of a neural with a higher number of output layers. Instead of focusing on just ETH or BTC this will be utilized to make decisions on approximately 29 various tokens to provide a more consistent yield profile and form the basis of our ecosystem flow. Alpha Beta scrapes a few social media sites (including Twitter and Reddit) to determine if people are discussing BTC and ETH in a positive or negative light. Alpha Gamma This is a combination of the above two with differing underlying decision making parameters to serve as a hedge strategy to Alpha and Beta. Additionally, this is the most complex code due to its higher level of input layer nodes.

Athena is designed to work in both the bull and the bear market and using the algorithms based on data both from the previous years of trading, manual input through testing and also NLP (sentiment) and a combination of both. With this information Athena will be able to predict the future movements on the chart to a high percentage of accuracy, leading to the buy and sell actions in both markets.

Athena's trading strategy is based on a multi-faceted approach that incorporates a range of market indicators. While technical indicators play a significant role in Athena's algorithmic trading system, the fund also leverages data from past market trends through established APIs and initial manual input. Additionally, Athena's team of experienced traders takes into account various market indicators, including news, events, and other financial instruments. This comprehensive approach ensures that Athena's trading decisions are informed by a diverse set of factors, helping to identify profitable opportunities in the ever-changing cryptocurrency markets.

Our team is presently focused on developing the Dashboard display, and it is probable that a delay in displaying results will be implemented to preclude the possibility of real-time replication. For liability considerations, we will not endorse copy trading as part of our platform's offerings.

Athena is a Neural Net, AI, meaning technically it will be learning as it progresses. However, maintenance and fine tuning may be required in the initial phase until it is running at full scale when the keys to Athena will be released to the DAO.

Trading pairs are prioritized based on a thorough analysis of their liquidity and market demand. Currently, Athena is focusing primarily on BTC and ETH trading pairs. However, the selection of trading pairs is dynamic and may be subject to changes over time, based on a continuous evaluation of market conditions and opportunities. Our team is always striving to provide the most comprehensive and dynamic trading experience for our users.