WEB3
by BSCN
May 7, 2023
Powered by Finblox's native token, FinGPT uses advanced AI algorithms to provide users with a tool for analyzing financial data, identifying patterns, and making informed decisions.
Finblox, a crypto super-app backed by Sequoia Capital and Dragonfly enabling users to earn up to 100x in rewards on their crypto assets, has announced the launch of FinGPT, an AI-powered financial consultant. As a powerful educational resource and a tool for optimizing users' crypto portfolios with advanced AI algorithms, FinGPT will be natively integrated into Finblox's ecosystem products, delivering a comprehensive solution to users' needs.
By utilizing advanced AI algorithms, FinGPT provides Finblox users with an efficient and effective tool for analyzing financial data, recognizing patterns and trends that may be challenging for humans to identify. This can assist users in making more informed decisions, improving risk management, and enhancing their financial literacy.
FBX, Finblox's native token, powers FinGPT. The token's holders will need to burn FBX for processing power, stake FBX to earn rewards, and access exclusive FinGPT features. Additionally, users may have to stake FBX tokens to reach a specific level of membership to obtain a set number of FinGPT requests.
Finblox has revealed that its native token FBX will be available for public sale on May 12 through FinLaunch, the world's first mobile-first web3 launchpad integrated into the Finblox platform, accessible on iOS and Android. The token's presale, limited to whitelisted users, has already sold out.
"Through the launch of FinGPT, we aim to empower users with the knowledge and tools to take control of their financial future," states Finblox CEO Peter Hoang. "Our objective is to make financial literacy and inclusion accessible to everyone. With its user-friendly interface and personalized recommendations, we believe FinGPT will represent a significant step forward in creating a more inclusive and engaging financial ecosystem."
The launch of FinGPT is part of Finblox's broader mission to democratize wealth-building for all using blockchain and AI infrastructure, empowering the community to optimize and assess their portfolios.
Finblox was founded by Peter Hoang and Dmitriy Paunin, Dragonfly, and Saison Capital. Hoang had previously co-founded Gotrade, a zero-commission stock-trading app backed by Y Combinator, while Paunin has been CTO at Coins.ph, a Philippines-based cryptocurrency exchange that has amassed over 16 million users. The company has previously raised a seed round from top funds such as Sequoia Capital, Dragonfly, Coinfund, Cypher Capital, MH Ventures, among others.
Learn more about Finblox via the following links:
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