ELANN.
AI Launches the First-Ever
AI-Powered Crypto Research
Assistant
ELANN.AI Launches the First-Ever AI-Powered Crypto Research Assistant
Zug, Switzerland, 4th October 2024, Chainwire
By Chainwire
Oct 4, 2024 Oct 4, 2024
5 min read
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Zug, Switzerland, October 4th, 2024, Chainwire
Switzerland-based Smart Valor and GriffinAI announced its new product release
with the new quantitative market data and analysis function of its AI-powered
app ELANN.AI , available via the Apple and Android stores. Within the new
product release the price data and real-time technical analyses for 1,000+
tokens become available for users in several languages including German,
Korean and Indonesian. This technical analysis is divided into short, mid, and
long-term timeframes. This matters especially in markets where timely insights
for mid and small-cap tokens are hard to reliably come by.
Strategically, ELANN.AI is building an AI agent to substitute the human
research analyst. This 100% AI-driven solution creates serious competition for
existing platforms like CoinMarketCap and CoinGecko. It stands out in several
ways, including LLM-based news analyses, podcast and YouTube screening,
text-to-speech capabilities, multi-language real-time market information, and
more.
The rollout of the new quantitative market data and analysis feature coincides
with impressive user growth, with ELANN.AI achieving over 100,000 downloads of
its standalone app. At the same time, it has seen impressive traction via B2B
partnerships. After announcing the partnership with the leading Korean crypto
wallet, Burrito Wallet earlier this year, the AI-driven news analysis of
ELANN.AI has now gone live as an integral part of the wallet. Burrito Wallet
is a non–custodial wallet, former subsidiary of the second-largest Korean
crypto exchange, Bithumb. ELANN.AI’s integration is now providing 400,000
users with instant access to its powerful news function in their local
language.
In addition to the new quantitative market data and analysis feature released
this week, ELANN.AI offers a range of functions designed to substitute the
research analyst workflow in every key area, from analyzing news, podcasts,
YouTube to compiling in real time professional asset and investment
theme-specific research reports.
Here are several tasks which the agent, as project developers call it, is
seemingly becoming quite sophisticated at performing:
Advanced AI news analysis
While traditional platforms provide basic price information and aggregate
news, ELANN.AI takes it further by deploying advanced Large Language Models
(LLMs) that meticulously analyze news sources based on 6,000 quality and
reliability criteria.
Analysis of multimedia data sources
It doesn’t stop at the news—ELANN.AI’s research agent searches for relevant
podcasts and YouTube videos, selects the best content, structures it and
delivers concise summaries directly to the user .
Text-to-speech function for multilingual audio
ELANN.AI’s text-to-speech capability and multilingual support are huge
breakthroughs, enabling real-time translation of content into the user’s
native language. Now a crypto trader in Korea can bypass a lengthy one-hour
podcast, receiving a two-minute summary in Korean that highlights only the
most valuable information .
Whether it’s insights from CoinBureau, or leading channel “Ivan on Tech”,
ELANN.AI extracts and translates the key details, delivering them audibly in
the user’s language, as he or she relaxes at the coffee shop. This feature
shatters language barriers, allowing users around the world—regardless of
their English proficiency—to access critical trading information in real time.
The days when non-English-speaking market participants were at a disadvantage
are coming to an end.
What’s next for non-human research analysts?
Looking forward, Smart Valor & Griffin teams are planning to move ELANN.AI
closer to its human competitor, the research analyst, especially enabling
two-way conversations with the agent. Imagine an Indonesian user asking
ELANN.AI, “What did “Ivan on Tech” say this week about Token X?” and receiving
an immediate, tailored response—summarized, translated, and delivered in
seconds.
In the overall market context this seems to be quite a remarkable development.
At least for now, traditional market intelligence providers, like
CoinMarketCap remain relatively inactive in the face of AI advancements, while
new pure play AI challengers like ELANN.AI are moving forward rapidly. If this
pace continues, it’s easy to envision a future where interacting with your AI
research agent becomes the standard, dethroning traditional platforms and
entirely changing the way we analyze markets and make investment decisions.
It is in this context that the partnership between Smart Valor, GriffinAI and
Burrito Wallet may just be showing the way forward in how AI revolutionizes
the web3 landscape, positioning such early movers as leaders in the field,
with good chances of success in the upcoming bull market cycle.
About ELANN.AI
ELANN.AI is provided by SMART VALOR in collaboration with GriffinAI. It is an
AI-powered app built to substitute the work of research analyst. ELANN.AI uses
its leading proprietary machine learning technology to craft tailored analysis
based on in-depth market research, providing all users with access to the very
best in crypto investment intelligence. For more details, please visit
ELANN.AI .
About Burrito Wallet
Burrito Wallet is a leading Korean cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта wallet that has recently
expanded its services globally, offering international users easy access to
Korean crypto projects and markets. It supports 31 blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн networks and
over 1,500 types of crypto assets, including NFTs, making it a versatile
platform for digital asset management. The wallet stands out with its social
features, such as in-app community building, P2P trading within chat rooms,
and integration of decentralized applications (dApps) across multiple
networks.
Source: https://blog.elann.ai/
Contact
Olga Feldmeier
olga.feldmeier@smartvalor.com
Disclaimer: Press release sponsored by our commercial partners.
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