A trading robot with a reputation for outperforming the markets is revealing its latest portfolio allocations as most cryptocurrencies try to recover from a weekend dip.

Each week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments to arrive at a “hive mind” consensus.

The bot’s freshest data finds that traders’ risk appetite has dropped slightly from a week ago, with most market participants voting to overweight their portfolios with 19 altcoins in addition to crypto stalwarts Ethereum (ETH) at 36% and Bitcoin (BTC) at 33%.

Tied for third with a 30% heavyweight allocation were layer-1 smart contract platform Solana (SOL), fellow ETH challenger Cardano (ADA), as well as enterprise-grade interoperability solution provider Quant Network (QNT).

“Latest results of the RealVision Exchange crypto survey. A lot of neutrality, not massive conviction to overweight. QNT makes it into the top #5.

1. Ethereum 36%

2. Bitcoin 33%

3. Solana 30%

4. Cardano 30%

5. Quant Network 30%”

Cross-chain interoperability protocol Polkadot (DOT) took sixth place at 20% overweight followed by decentralized oracle network Chainlink (LINK), layer-2 scaling solution Polygon (MATIC), and decentralized network Algorand (ALGO) all at 15%.

Popular cryptocurrency exchange Binance’s native token BNB rounds out the top 10 with a 10% boosted allocation.

Lending and borrowing protocol Aave (AAVE) and play-to-earn battle game Axie Infinity (AXS) each received an 8% heavier weight, followed by half a dozen altcoins at 7%: dollar-pegged stablecoin US Dollar Coin (USDC), enterprise-grade blockchain platform Elrond (EGLD), FTX cryptocurrency exchange’s FTX Token (FTT), layer-1 smart contract platform Avalanche (AVAX), scalability and interoperability ecosystem Cosmos (ATOM), and decentralized application-creating protocol Hedera Hashgraph (HBAR).

Wrapping up the list of crypto assets with a 5% overweight portion are distributed ledger XRP, enterprise-grade blockchain platform Fantom (FTM), and decentralized payments network Stellar (XLM).

The latest survey-based exchange portfolio allocation is led by Cardano at 18.9%, followed by Quant Network at 17.7%, Bitcoin at 11.8%, FTX Token at 10.1%, and Ethereum at 9.45%. Tied at 8.86% were Solana, Aave, and Elrond, with Polkadot also making the list at a 5.45% allocation.

The bot also compiles a custom portfolio on its own, and Real Vision highlights Cardano and Quant Network as the week’s notable gainers while BTC, SOL and ETH dipped slightly.

“Latest weights of the RealVision Exchange crypto portfolios. Based on more votes to overweight than to underweight, Cardano and QNT take the lead.

Views on Bitcoin, Solana and Ethereum were more mixed and hence those receive lower weights.”

The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.

Real Vision founder and macroeconomic expert Raoul Pal has called the bot’s historic performance “astonishing,” saying it outperforms an aggregated bucket of top 20 crypto assets on the market by more than 20%.

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Featured Image: Shutterstock/vs148/WindAwake/VECTORY_NT/Mingirov Yuriy

Source: Awakening Health

What’s Awakening Health and the Grace humanoid?

Founded in 2020, Awakening Health Limited is a joint venture between Hanson Robotics and SingularityNET, a decentralized marketplace for AI solutions. SingularityNet announced its partnership with Cardano in Jan. 2021, switching from an Ethereum’s blockchain to Cardano’s. So, it made sense for Awakening Health’s Grace robot to use Cardano’s blockchain technology. Since switching to the Cardano blockchain, SingularityNet has become the third-largest project on the Cardano ecosystem.

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Awakening Health looks to improve the biomedical and healthcare spaces with AI and robots. Grace will be the venture’s first AI-powered robot, which is being built for engaging with the elderly. The humanoid has the physical appearance of a healthcare worker, speaks English and Korean, and can execute tasks that nursing assistants typically do.

Grace is also built to detect and express human emotion, which can be great for older adults who are limited to visitations. The robot is very different from the Tesla bot, as Grace is specifically made for the health sector. The Cardano blockchain will improve Grace’s performance, allowing it to process biodata faster.

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How to invest in robotics

While there are limited public companies to invest in that are specifically for robotics, many companies develop technology or own a company that focuses on robotics. Tesla (TSLA), developing its own robot, is one. Those who want to invest in Boston Dynamics can buy shares of Hyundai Motors (HYMTF), its parent company. Although Hanson Robotics and SingularityNET don’t publicly offer stock, you can acquire SingularityNET’s cryptocurrency, AGIX. The AGIX token is available on crypto exchanges such as Binance and KuCoin.

As the first virtual world crypto event, the Cardano Summit, which finished on Sunday, promised much.

The keynote sessions are available for viewing now, with the rest of the content to be uploaded on the IOHK YouTube channel shortly.

Feedback indicated it was a well-organized event, and more importantly, it showcased key innovations and partnerships coming soon to the Cardano chain. Including the most eccentric reveal of all, an AI healthcare robot called Grace.

However, anyone who’s played Detroit: Become Human, or watched the Terminator films, would be forgiven for feeling uneasy about the idea of AI androids. Then again, is this distrust based on warrantless conjecture?

Key reveals at the Cardano Summit

The Cardano Foundation revealed several strategic partnerships to drive adoption and make full use of the chain’s smart contract capabilities. The Foundation’s CEO, Frederik Gregaard, said:

“Our new ecosystem partners cover a range of challenges and opportunities at the forefront of global society today, including climate change, NFTs, decentralized finance (DeFi), and digital identity, and they will play a pivotal role in helping us realize our vision.”

With that, in conjunction with Veritree, the Cardano chain will be used to secure tree planting records with a view to reforestation. Esports fans were pleased to hear about teaming up with Rival to develop an NFT platform. While collaborating with financial services firm UBX will “increase on-chain DeFi activity.”

The Summit also revealed a tie-in with Chainlink for “tamper-proof” smart contract oracle services.

But most intriguing of all was the unveiling of Grace, which will use Cardano as an information network to process cognitive functions.

The coming age of AI

Grace is an AI robot built by Hanson Robotics and SingularityNET. She is designed with healthcare in mind and can speak English and Korean.

“She can also measure people’s responsiveness and mirror their emotions, helping her not just to come up with diagnoses but also to respond empathetically.”

IOHK claims that operating on the Cardano chain provides Grace with the highest level of functionality in terms of processing biodata quicker, more securely, and at a lower cost.

The CEO of SingularityNET, Ben Goertzel, said the importance of physical and mental health was often overlooked pre-pandemic. But this technology can be used to meet such needs as we advance.

“This is why solutions like Grace are so important, to combat loneliness and ease the burden on frontline workers. And with Cardano’s market-leading capabilities, she will be able to scale to meet this global challenge.”

However, Grace is not yet at the stage of replacing human healthcare workers. Goertzel said they will enhance her capabilities in the coming years to serve more critical functions in elderly healthcare and medical settings.

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