Kirobo, a decentralized finance application developer, has partnered with Evai, an AI-driven decentralized crypto asset rating platform.
Besides a shared client base and investment opportunity agreement, the partnership includes a series of mutual integrations, bringing the users of Kirobo’s Liquid Vault built-in instant analytics on all supported coins. The feature seeks to improve user experience through smart tools that help investors and traders in their decision-making process.
As the number of cryptocurrencies created soars, so do the number of scams. Kirobo said it brings its users an extra safeguard against scams and deceptive market trends of this kind by integrating Evai’s Power Rating into its Liquid Vault and Safe Transfer interfaces. Evai’s machine learning algorithms use nine key indicators, including liquidity, market sentiment, volatility, utility, and behavioral bias to rate assets on an 11-step alphanumerical scale between A1 and U.
Based on Nobel Prize-winning research, the rating represents an assessment of the asset’s risk level and long-term value. Kirobo will also add support for EVAI, the partner’s native token, to its products, and integrate the company’s future features into its products.
Evai, for its part, will feature Kirobo as a partner on its platform and support its product with a cross-promotion program. It will also integrate Kirobo’s solutions into its future products. On top of that, both companies will share relevant clients, strategic partners, investors, and marketing efforts, and join each other’s advisory boards.
Kirobo’s Liquid Vault is a decentralized application whose features include letting users select a backup wallet, inheritance features to prevent lost crypto in the event of a death, the ability to connect Liquid Vault to any external dApp with Wallet Connect capabilities, and an undo button for crypto transfers (until confirmed by the counterparty).
“Crypto investors must always keep their finger on the pulse,” says Asaf Naim, CEO of Kirobo. “While the task may be too tough for a human, advanced machine learning tools like Evai make it way easier. This collaboration brings a whole new level of utility to our offering, granting our users an all-around network that helps them keep their finger on the pulse and invest with deep, data-driven market insights.”
“We started using Kirobo’s services and were immediately impressed by the quality of its security and user-friendly interface. We provide crypto traders with an unbiased source of information about their tokens, and Kirobo provides the means to safely store and transfer those tokens,” said Matt Dixon, co-founder and CEO of evai.io. “We expect this partnership to propel both companies from strength to strength over the coming years.”
Both Kirobo and Evai.io are active in the thriving crypto ecosystem of the United Arab Emirates, and this partnership will serve to strengthen the position of both companies there, the companies and a key investor believe.
“Our mission is to support the best talent with smart capital and optimized infrastructure,” Crypto Oasis Sentio managing partner Saqr Ereiqat said. “We created an ecosystem of investments where we foster collaboration. Evai and Kirobo are both developing a safer future for cryptocurrency users globally. We are excited to have been able to facilitate this partnership.”
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