Winds of change: How AI can redefine access to the crypto market making
Crypto projects grapple with the challenges of accessing affordable market-making services and navigating the complexities of implementing effective trading strategies in the volatile crypto market.
VoluMint addresses market-making challenges with a decentralized, AI-powered service, enhancing liquidity with reduced fees and a unique trading bot.
In crypto, small and medium-sized projects often find themselves at a crossroads, grappling with the high costs of market-making services crucial for sustaining liquidity and trading volume. Limited access to market-making services puts projects at risk of delisting and undermines investor confidence, potentially stalling growth.
The complexity of adopting effective market-making strategies also poses a significant barrier. Sophisticated algorithms and the need for robust infrastructure make it challenging for projects to compete on an even playing field, exacerbating the difficulties of navigating the crypto market’s volatile waters.
Overcoming market-making challenges in crypto
VoluMint offers a solution with its decentralized, AI-powered market-making service designed to enhance liquidity and trading activities across digital asset exchanges. VoluMint has recently launched MintSwap, a dedicated decentralized exchange (DEX) offering a more cost-effective trading platform with lower fees.
Our #AI automated market making services are 5 times cheaper than traditional market makers!
Here’s to more volume 🥂$vMINT #volumint #marketmaking #defi pic.twitter.com/2pxYF8JvoI
— VoluMint. (@VoluMint) March 11, 2024
The core of VoluMint’s innovation lies in its market-making bot, which simulates human-like trading behaviors. The offset feature creates a more dynamic and organic trading environment on exchanges.
VoluMint’s approach to creating decentralized and unpredictable trading patterns adds a layer of randomness that makes it more difficult for the service to be detected or manipulated, which is critical for maintaining the integrity of trading activities and protecting against market manipulation.
Democratizing market-making for projects of all sizes
The service democratizes market-making by providing a subscription-based model accessible to projects of various sizes. VoluMint encourages trading activity and liquidity, generates automated volume to mirror organic trading across different pairs and minimizes the risk of delisting due to inactivity.
VoluMint is integrated with major crypto exchanges, including OKX, Binance, Bybit, MEXC, Bitget, Bitmart, KuCoin, Gate.io and all Ethereum Virtual Machine (EVM) chains. Projects can manage their market-making activities via a B2B dashboard, offering both autonomy and affordability through a monthly subscription model.
VoluMint’s AI-powered market-making service generated nearly $4 million for its customers. Source: VoluMint
In addition to its technical offerings, VoluMint is committed to empowering its community through an affiliate program, revenue sharing and governance mechanisms. Through the affiliate program, users can earn commissions by referring new projects, while the revenue-sharing model distributes a portion of the profits to those staking their tokens.
Governance features of VoluMint enable tokenholders to vote on critical decisions, ensuring a fair and balanced approach to the platform’s development.
VoluMint also emphasizes seamless integration with centralized and decentralized exchanges, customizable trading parameters for tailored strategies and transparent analytics for real-time performance monitoring. These features collectively ensure that projects maximize their market presence while maintaining complete control over their funds and trading strategies.
Paving the way for equitable crypto trading
The project aims to transform market-making in the blockchain era and unleash the full potential of every crypto project through cost-effective, AI-enhanced decentralized market-making services. The VoluMint team commented on the project’s vision, stating:
“We envision a Web3 ecosystem where every project, big or small, has equitable access to advanced market-making tools, ensuring liquidity and growth. We’re dedicated to breaking down the barriers to entry, changing the future of crypto trading and fostering innovation across the blockchain landscape.”
VoluMint’s roadmap begins with the launch of a business-to-business dashboard and the initiation of an ambassador program. Q2 2024 will see the launch of MintSwap, a decentralized trading platform that seeks to offer cheaper fees, along with new tools and rewards based on VMINT, VoluMint’s native token. The team aims to introduce a range of benefits for VMINT stakers throughout the rest of the year.
VoluMint aims to disrupt the crypto trading landscape by offering accessible, innovative market-making solutions that level the playing field for projects of all sizes. Enhancing access to better solutions democratizes digital finance, enabling smaller projects to flourish and diversify the digital asset ecosystem.
Responses