'The Power of 1,000 Whales in Your Wallet'

A new crypto trading platform is enabling users to emulate key influencers in the marketplace through a service it says is akin to having "The power of 1,000 whales in your wallet."

Spiking describes itself as the "World's first blockchain asset validation and AI-driven crypto trading infrastructure." Through its platform, users can automatically follow the trades of whales who meet their goals, with "Whales" defined as traders who hold large amounts of cryptocurrency - not to mention their ability to influence short-term trends in the market based on whether they buy or sell assets.

New traders who join Spiking's platform benefit from a proprietary artificial intelligence robot called RoboBull - "An intelligent portfolio manager that applies artificial intelligence to create a portfolio of different whales based on the trader's risk/reward ratio."

The company argues that its service is required to fill a void that exists in the marketplace today, as monitoring whale trades provides a "Valuable barometer" of where the economy might be heading.

A whale of a timeSpiking has created a "Follower-whale" model which is designed to be beneficial for all parties - incentivizing larger traders to share their intelligence with fledgling investors.

Through this model, followers use SPIKE tokens in order to copy trades, with the whale receiving a share of any profits they generate as a result.

According to the startup, the benefits of this go beyond financial gain, as whales receive social influence while followers begin to feel more empowered.

As well as day-to-day trading and investing, the company aims to help inexperienced traders learn more about the markets in the hope that they too will become whales one day.

Spiking interestSince Spiking launched as a fintech company in 2016, the startup says it has attracted support from Singapore's National Research Foundation, which is under the prime minister's office.

It follows the successful launch of "Singapore's first" stock tracking app that enables retail investors to track the trades of key shareholders of public companies listed in six stock markets.