Cutting-edge British FinTech company Evai have launched their native EVAI token with BitMart, marking their second centralised exchange listing in as many months. Founded in the UK, Evai use Nobel Prize-winning academic research and economically modelled AI and machine learning technology to provide unbiased crypto asset ratings through their free-to-use platform evai.io. Built on the research of Professor Andros Gregoriou, advisor to the Bank of England, the platform scrutinizes crypto asset data against several key economic factors, which the AI and machine learning perform before awarding each asset one of eleven possible ratings, from A1 to U.
On 2 September the EVAI token went live on the BitMart centralized exchange, one of the largest crypto exchanges in the world with a daily trading volume of over $1.3 billion, with the token previously only available on two of the world’s largest DEX’s, Uniswap and PancakeSwap. During its time on the DeFi platforms, EVAI showed its resilience to market sway, going up over 13 percent as the rest of the market plunged over 15 percent. EVAI recently hit an all-time high of $0.64 which is set to increase with recent CEX listings and the advent of EvaiFund.
EvaiFund to revolutionize crypto investment through AI
Over the coming weeks, Evai will launch EvaiFund – an investment portfolio that will be governed by AI. Evai’s unique unbiased ratings, coupled with their AI and machine learning algorithmic trading experience, can be used to autonomously optimize the fund’s holdings while dynamically rebalancing asset allocations in real-time. “For example, the fund may hold assets rated A1, A2, A3, B1 and potentially B2,” explained Evai Chief Operating Officer, Simon Reid. “When an asset is downgraded to B3 or below, AI based algo trading would close the position and remove the asset from the fund. Likewise, it will open new positions for upgraded assets which fit the criteria or parameters set, further diversifying the fund.” Users will be able to stake EVAI into the fund, giving investors the ability to maximize profits while reducing risk. Evai CEO Matt Dixon told Bloomberg, “Evai ratings draw from an infinite number of market factors to determine the most statistically significant in identifying risk and capturing long term asset value. The factors are continually evaluated and balanced using world-leading AI and machine learning to produce the most reliable ratings, free from human intervention or bias.”
Earlier this year Evai were made global platinum partner of Swiss Crypto Valley ecosystem company CV Labs. The firm supports over 960 blockchain projects within Crypto Valley alone, and the company saw something unique in Evai. Ralf Glabischnig, founder of CV Labs, said: “The convergence of innovation, regulation and education is at the heart of CV Labs and the global partnership with Evai was a natural first step. Evai has developed a platform that will help to democratise the financial ratings sector.”
Invitations for both CEO Matt Dixon and CRO Professor Andros to speak at the recent Global Ritossa Family Office Investment Summit and CC Forum events in Monaco have led to the British crypto company signing key strategic partnership agreements with HIRH Prince Sandor Habsburg-Lothringen, Archduke of Austria and Prince of Tuscany, in addition to recently signed agreements with Mohamed Al Ali, Senior Financial Advisor to Sheikh Ahmed Al Maktoum International Investments Enterprise and prominent blockchain entrepreneur Velimir Rasovic.
Evai HQ located within new Dubai Crypto Centre
Founded and developed in the UK, with offices in London, Singapore and Dubai, Evai has set up their global HQ in Dubai’s CV Lab ecosystem offices within the brand new DMCC Crypto Centre, located on the 48th floor of the iconic Almas Tower. The DMCC Crypto Centre opened its doors in May this year and is set to be a hub for the development and application of crypto and blockchain technologies. It offers a home to all types and sizes of crypto businesses, from companies developing blockchain-enabled trading platforms to firms offering, issuing, listing, and trading crypto assets.
Investors can access the Evai platform for free by signing up at www.evai.io. The EVAI token is available now on PancakeSwap, Uniswap, Bittrex and BitMart. Follow the Evai evolution and get the latest crypto news updates and debate by joining the official Telegram group: https://t.me/EVAIofficial.