Financial trading transformation secured with a $3.275 million investment at Metafide
Metafide, a trailblazing company that merges human intuition with artificial intelligence for financial trading, has announced the successful acquisition of $3.275 million in new funding. The primary aim of this investment is to fuel the growth and market launch of the company's innovative gamified predictive trading platform, SURGE.
The funds will be allocated in several key areas. Firstly, they will support the development and launch of SURGE, a platform designed to leverage collective human expertise and advanced AI neural networks to accurately forecast market movements, even in volatile conditions.
Secondly, the funds will be used to enhance marketing and user engagement. By hosting short-interval predictive trading competitions, SURGE encourages users to compete for tangible rewards, blending AI-driven insights with human strategic skills to improve market prediction accuracy and user engagement.
Thirdly, strategic partnerships will be a significant focus. A strategic partnership with DogeOS, the leading application layer for Dogecoin, has been secured. This partnership is expected to amplify Metafide's reach and align with the company's vision for predictive finance.
Lastly, the funding will contribute to scaling the company's operations, potentially expanding the team to manage the platform's growth and user base, which has already attracted significant interest with over 110,000 users on its waitlist.
Frank Speiser, CEO of Metafide, reiterates the company's commitment to democratizing market forecasting, stating that the goal of SURGE is to make market predictions accessible to a global audience. Notable angel investors also participated in the funding round, demonstrating confidence in Metafide's vision.
The SURGE platform has garnered significant attention, winning the Mantle AI Fest competition. Alex Hoffman, Head of Ecosystem at DogeOS, expresses support for Metafide's approach to predictive finance, stating that DogeOS sees Metafide's infrastructure as fast, intelligent, and built for real participation.
The DogeOS partnership values Metafide's SURGE platform at over $25 billion and is likely to further support the development and launch of Metafide's SURGE platform. Various venture capital and blockchain investors, including Blockchain Founder's Fund (BFF) and Cogitent, also contributed to the funding, underscoring the industry's interest in Metafide's innovative approach.
With the funding secured, Metafide is poised to revolutionize the financial trading landscape by unifying data, intuition, and execution into a functioning system, making market forecasting and predictive trading more accessible than ever before.
The funds obtained through venture capital will primarily be allocated for the development and launch of SURGE, a platform that combines human expertise and artificial intelligence for accurate market forecasting. Additionally, a portion of the funds will be used to invest in marketing strategies, engaging users through competitive predictive trading events.
