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The Crypto Future is AI: Hero.io Joins Forces with Cambridge Startup Apta

Hero.io, an innovative AI-powered platform, has partnered with Apta, a Cambridge startup renowned for its contextual intelligence technologies. Together, they are creating cutting-edge AI tools for Web3 and DeFi, making crypto decisions easier, faster, and safer.

Hero.io empowers crypto enthusiasts, investors, and traders with real-time, accurate information. Apta, developed by top-level Cambridge PhD researchers, equips Hero.io with next-generation LLMs and logic-based AI to deliver precise insights. By merging their expertise, they aim to set new standards in digital finance, enabling users to better understand and navigate the complex crypto world.

Set for release in Q4 2024, Hero.io will employ an intuitive chat interface powered by deep data insights from diverse sources. It will provide users with detailed information on influencer credibility, perform thorough due diligence on projects and teams, and conduct comprehensive sentiment analysis. 

Utilizing advanced AI technology, Hero.io will deliver real-time on-chain data analysis, live market updates, fraud detection, chat-to-trade functionality, and personalized recommendations. The chat-to-trade feature will enable seamless crypto transactions via simple chat commands, ensuring users can make informed and secure decisions in the dynamic cryptocurrency landscape.

This collaboration will benefit not only current crypto users but also newcomers, making the often challenging Web3 community more accessible and understandable for everyone.

"We are excited to work with Hero.io to give users deep insights and easy-to-understand information," said Shirom Chabra, Chief Executive Officer at Apta. "Our partnership will help reduce fraud and make the crypto space clearer."

Making Crypto Decisions Smarter

Hero.io utilizes advanced contextual intelligence, allowing it to understand queries more deeply and respond more accurately than models that only recognize keywords. This is enhanced by bespoke logic models tailored for specific fields like cryptocurrency, providing expert-level insights.

Unlike ChatGPT, which relies on a fixed dataset and might struggle with updates and real-time accuracy, Hero Search integrates Retrieval Augmented Generation (RAG). This feature continuously updates its data sources to provide the most current and relevant responses, particularly useful in fast-changing fields where up-to-date information is crucial.

Its multi-layered approach uses several expert models to analyze and respond to queries, providing a more comprehensive and reliable understanding. This complex system allows Hero.io to tap into proprietary data sources, offering unique insights that are difficult to gather individually. The responses are deep and accurate, making Hero.io the go-to tool for users seeking accurate, actionable insights in real time.

Tackling Market Challenges

With the cryptocurrency market frequently inundated with scams and misinformation, the partnership between Hero.io and Apta is timely.

"Hero.io aims to bring much-needed transparency and trust to the Web3 community. Our mission is to offer users actionable guidance and advanced tools developed by top researchers in the field, adding genuine value to the market," stated Tadas Maurukas, who steers Hero.io's strategic direction.

Recent reports underscore the alarming rise in crypto scams. In 2023, crypto investment scams in the U.S. resulted in $3.94 billion in losses, a 53% increase from 2022, according to the FBI. Additionally, phishing scams targeted more than 324,000 users, leading to losses of approximately $295 million, as reported by Scam Sniffer. These scams often involve fake websites and advertisements that deceive users into revealing their private keys and other sensitive information.

This highlights the urgent need for reliable tools, such as those being developed by Hero.io and Apta, to protect and guide crypto users.

Looking Ahead

Hero.io is also planning to launch an ecosystem token later this year. This token will function as a medium of exchange within the Hero.io ecosystem, encompassing payment services, private browser, a DeFi wallet, and an ad network, broadening the platform's utility and user engagement.

"Our upcoming ecosystem token is designed to streamline transactions within our platform, making it easier for users to engage with our various services and enhance their overall experience," added Tadas Maurukas.

For more information, please visit www.hero.io and www.apta.chat.

Contact Info:
Name: Nadzeya Sankovich
Email: Send Email
Organization: Hero.io
Website: https://hero.io/

Disclaimer:

This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.

You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Release ID: 89135053

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