UK crypto rating firm AI Evai announces staking fund

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London, UK – The UK company behind the innovative and unbiased crypto rating platform, www.evai.io, today launched its proprietary EvaiStableFund. The fund gives investors the option to stake the native EVAI token into the fund, generating a fixed Annual Percentage Return (APY) of 15% with an additional bonus of 10% per annum. Unlike many staking options in the crypto market, EvaiStableFund does not block investors for a minimum amount of time and does not charge any management fees.

The new fund avoids the usual volatility associated with the crypto space and offers investors a way to gain exposure to the market with minimal risk. Interest is compounded daily and with the additional annual bonus, investors will earn a 26.5% return on each participation held for a total period of 365 days with no limit to the number of participations investors can consecutively execute. To open a new participation, users must register on evai.io, have a balance of 500 EVAI or more in their Trust Wallet or MetaMask and connect to the Evai staking platform via WalletConnect.

Earlier this year, Evai launched evai.io, a crypto rating platform through which live crypto asset data is assessed daily against several key economic factors through AI and machine learning, before assigning each asset one of the eleven possible grades from A1 to U. Professor Andros Gregoriou of the University of Brighton, co-founder and director of research at Evai, explains how the rating platform works evai.io: ​​evaluation protocol, removing human prejudices. Evai continuously learns, maintains and remains decentralized to produce unbiased reviews.

The British financial technology firm now has offices in London and Singapore, with its main headquarters now located in CV Labs’ state-of-the-art office within DMCC Crypto Center Dubai, located on the 48th floor of the iconic Almas Tower. Swiss Crypto Valley ecosystem company CV Labs supports over 960 blockchain projects in Crypto Valley alone and saw something unique in Evai, making UK tech company Global Platinum Partners earlier this year. Ralf Glabischnig, Founder of CV Labs, said of the partnership: “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 democratize the financial rating industry.

Peer-reviewed academic research is at the heart of the Evai philosophy and as such the company has partnered with both Peking University and Brighton University, the former having recently obtained its first doctorate. student dedicated to the development and research of the Evai scoring platform while supporting the wider Evai research team.

The innovative crypto valuation platform is free to all and can be viewed at www.evai.io. The company describes the platform as a democratization of the crypto market with more than 1,000 assets listed and rated, with thousands more to be added in the coming months. Evai co-founder and CEO Matthew Dixon told Cointelegraph: “Evai was designed in the aftermath of the 2008 financial crash. The global financial system nearly collapsed due to the greed of rating agencies biased, causing massive misallocation of assets. The crisis hurt ordinary people, but the real culprits got away unscathed. Bias in large institutions is more prevalent than ever and Evai’s mission is to decentralize, democratize and remove any potential bias from financial ratings.

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SOURCE: Evai.io

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