What is Algomint
Algomint launched on mainnet on 22nd November 2021 by a team of entrepreneurs, technologists, and business developers based in Australia, Canada, India, and Europe. It is currently a centralised bridge storing BTC and ETH in custody Copper.co, while minting synthetic assets on Algorand. The team has launched its governance token goMINT on 30 Mar 2022 on 3 Algorand DEXes, including Tinyman, PACT, AlgoFi. Next on the roadmap include USD and gold tokens, stable coin baskets, aggregation and arbitrage capabilities, essentially building the bridge into a multi-chain liquidity network.
Algomint vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, GOMINT would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of GOMINT might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including GOMINT.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.