Evai.io - The Leading Decentralized Rating System

The year 2009 marked the beginning of the cryptocurrency era. With the release of Bitcoin, this year opened many new opportunities for traders to test their skills in the new world of cryptocurrency. However, the opportunities were not only open to traders, but also to investors and entrepreneurs who in one way or another started their own businesses related to cryptocurrencies.

With the rise of cryptocurrencies, business opportunities also increased. But in the meantime, scammers were the ones who took advantage of the opportunity and continue to do so from time to time. Unreal trading platforms came to the fore, people who would scam you without hesitation, started creating their platforms that would rip you off. Often, the crypto market is plagued by stories of project scams, fake exchange volumes, and dishonest brokers, making it strangely difficult to classify the good from the bad.

Evai - A decentralized application that works under the terms of a smart contract

Evai is an ERC20 token that runs as a decentralized application (DApp) under the terms of a smart contract. So basically this is a new platform that delivers a rating system that is fit for purpose in an environment of quickly advancing technology. The company was invented in response to the failure of financial ratings in the run-up to and following the 2008 financial crisis.

Evai is a completely unbiased company. There are many other cryptocurrency rating platforms, but what makes the Evai platform different is the fact that it runs in smart contracts. The company aims to combine a self-correcting protocol and a governance mechanism to manage rating modifications and runs completely on smart contracts.

Decentralization improves the problems that the centralized rating system had caused

Their website is very professional, it has a fantastic design, and it is very friendly to use. According to their website, many of the rating issues of the past can be attributed to the centralization rating structures, which inevitably leads to bias. Evai aims to decentralize the rating process by employing a consensus protocol to drive upgrades and modifications to the rating process.

At Evai, they call the crypto rating system “The Bridge”, and it works on six core criteria, that they took into consideration and are underpinned by Artificial Intelligence and Machine Learning to optimize the ratings:

1. Liquidity

2. Momentum

3. Systematic Risk

4. Peak to End Value Demand

5. Profitability

6. Investment

Who founded Evai?

Originating from a broad scholarly foundation, Professor Gregoriou is one of the leading powers behind the Bridge framework at Evai, with a few of his examination papers filling in as the establishment for Evai. With the experience, he has as a professor of finances and the Research Excellence Framework lead for Brighton Business School, Professor Gregoriou remains as a superior position and thought pioneer in conventional money and liquidity.

But, most of the credits have to go to the founder and CEO Matthew Dixon. He is very familiar with finances as a regulated Financial Advisor in the United Kingdom. Furthermore, Dixon is a former consultant to the World Bank. And, earlier he has managed victorious Fintech Investment funds under the regulation of the FCA.

If you want to know more about the platform visit Evai.io