Enigma Catalyst (ENG) is an investment platform that enables developers to build and execute micro crypto-funds. By using the Catalyst platform, which is an algorithmic trading library for crypto-assets written in Python, developers and traders can develop and back-test trading alternatives based upon sophisticated programmatic strategies. It allows trading strategies to be easily expressed and backtested against historical data (with daily and minute resolution), providing analytics and insights regarding a particular strategy’s performance. Catalyst also supports live-trading of crypto-assets starting with three exchanges (Bitfinex, Bittrex, and Poloniex) with more being added over time. Catalyst empowers users to share and curate data and build profitable, data-driven investment strategies.
Enigma token sale was a highly anticipated event with investors generally bullish on the long-term potential of the project. Enigma was one of the most anticipated ICO’s during the summer of 2017. It was viewed as a winning project with a team out of Massachusetts Institute of Technology. The idea was to create a prediction market for Crypto investors similar to a Bloomberg terminal and driven by artificial intelligence.