BlockBank Just Launched Its DeFi Application, Where Users Can Interact With an AI-Powered “Robo Advisor”

press launch

PRESS RELEASE. BlockBank, the platform disrupting cell banking by mixing it with decentralized finance (DeFi) and Artificial Intelligence (AI) know-how, is formally launching its all-encompassing monetary utility in This autumn of 2021. On a mission to develop worldwide accessibility to DeFi and construct customers’ monetary empowerment, BlockBank’s new cell and on-line app will mix the very best of the normal finance and DeFi worlds in a safe, non-public, and user-friendly area. Two main developments on the BlockBank app are the Robo Advisor, a cutting-edge AI-powered useful resource for people as they enter the crypto market, and a revamped tiered staking rewards system that allows customers to earn as much as 20% APY.

BlockBank goals to make sure that everybody has the instruments and sources to confidently enter the thrilling crypto market with out feeling held again by obstacles like an absence of institutional data or restricted time for analysis. And now, with the launch of its utility, BlockBank’s AI Robo Advisor will function a information for customers of all ranges, from newbie to market skilled, as they embark on their DeFi journeys.

The Robo Advisor’s capabilities and functionalities will develop on a rolling foundation. Starting as an academic useful resource, the advisor unlocks the flexibility for a tailor-made expertise on the BlockBank platform as its know-how learns and grows with every particular person person. Over time, it’s going to study particular person habits and threat profiles, and course of numerous information units into actionable insights.

Notably, the advisor will drastically scale back the period of time customers have to spend on market analysis by offering the information and sources to make selections in a fast and educated method. Looking forward, BlockBank’s AI know-how will fill a fully-fledged advisory function that can enact user-approved automated order administration and execution, portfolio creation and administration, and extra.

But BlockBank didn’t cease there. Its utility will provide a brand new tiered staking rewards system to assist customers profit from their tokens and earn passive revenue. Ranging from Tier 1 to VIP, everybody has the chance to earn excessive APY on staked crypto tokens (like BTC and most ERC 20 tokens) and BlockBank’s natvie utility token, $BBANK:

  • Tier 1 (1+ BBANK staked): 2% APY on staked tokens / 2% APY on staked BBANK tokens
  • Tier 2 (5,000+ BBANK staked): 4% APY on staked tokens / 6% APY on staked BBANK tokens
  • Tier 3 (25,000+ BBANK staked): 6% APY on staked tokens / 9% APY on staked BBANK tokens
  • Tier 4 (100,000+ BBANK staked): 8% APY on staked tokens / 12% APY on staked BBANK tokens
  • VIP Tier (500,000+ BBANK staked): 10% APY on staked tokens / 20% APY on staked BBANK tokens

The utility additionally consists of game-changing options like a various suite of decentralized purposes (dApps) and gold and silver purchases with crypto.

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BlockBank’s utility will probably be obtainable for obtain in each the Apple and Android Play retailer. For extra data, go to https://blockbank.ai/.

 

This is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com just isn’t accountable, immediately or not directly, for any injury or loss triggered or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about within the press launch.

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