Finblox, a Sequoia Capital and Dragonfly-backed crypto super-app that enables users to earn substantial rewards on their crypto assets, has unveiled FinGPT, an AI-driven financial consultant. As a powerful educational resource and portfolio optimization tool using advanced AI algorithms, FinGPT will be seamlessly integrated into Finblox’s ecosystem products, providing a comprehensive solution for users.
With state-of-the-art AI algorithms, FinGPT offers Finblox users an efficient tool to analyze financial data and discern patterns and trends that might be difficult for humans to detect. This can help users make better-informed decisions, improve risk management, and increase their financial knowledge.
FBX, Finblox’s native token, fuels FinGPT. Token holders will need to burn FBX for processing power, stake FBX to earn rewards, and access exclusive FinGPT features. Additionally, users may need to stake FBX tokens to achieve a specific membership level to gain a certain number of FinGPT requests.
Finblox has announced 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 and accessible on iOS and Android. The token’s presale, restricted to whitelisted users, has already sold out.
Founded by Peter Hoang, Dmitriy Paunin, Dragonfly, and Saison Capital, Finblox counts Hoang, the co-founder of Y Combinator-backed zero-commission stock-trading app Gotrade, and Paunin, the former CTO of Philippines-based cryptocurrency exchange Coins.ph with over 16 million users, among its leadership. The company has previously raised a seed round from top funds such as Sequoia Capital, Dragonfly, Coinfund, Cypher Capital, and MH Ventures, among others.