ELANN.AI Launches the First-Ever AI-Powered Crypto Research Assistant
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 wallet that has recently expanded its services globally, offering international users easy access to Korean crypto projects and markets. It supports 31 blockchain 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/
