On March 14th the team developing the AI models (which we dubbed Wintermute) set them to learn and trade seven separate cryptocurrencies. They extended it across the 7 cryptocurrencies with the highest market capitalisation to take advantage of the opportunities there.

Originally, the development team put together $23,938 dollars to seed the trading pool. They adjusted the amount of capital across each coin based approximately on the market capitalisation of the total coin market. While this does skew the early results to be dominated by the largest market, bitcoin, they believed this would be offset over time by the increased volatility of the smaller capitalised coins.

Review the performance of the models on the developer’s blog. Trading reports of the actual trades will be available after this website launches in the beginning of June.