Hero.io Joins Forces with Cambridge Startup Apta to Create Cutting-Edge AI Tools for Web3 and DeFi

Hero.io, an innovative AI-powered platform, has launched a joint venture with Apta, a Cambridge startup renowned for its unique contextual intelligence technologies.

AI platform Hero.io has joined forces with Cambridge startup Apta to create advanced AI tools for Web3 and DeFi.

Hero.io provides crypto enthusiasts, investors, and traders with real-time, accurate information. Meanwhile, Apta specializes in AI, utilizing logic-based large language models to deliver precise insights. Together, they aim to set new standards in digital finance.

This collaboration will enhance Hero.io's platform with Apta's advanced logic-based AI technology, capable of analyzing large amounts of data quickly and providing accurate insights in real-time. The features will include on-chain data analysis, live market updates, fraud prediction, influencer ratings, coin sentiment analysis, automated trading, and more.

“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.”

This partnership is especially relevant in light of the cryptocurrency market being plagued by scams and misinformation.

“Hero.io aims to bring much-needed transparency and trust to the Web3 community. Our mission is to offer users clear, actionable answers, enabling them to navigate complex data with confidence and add genuine value to the market,” stated Tadas Maurukas, who steers Hero.io's strategic direction.

Recent reports indicate a substantial increase in crypto scams. In 2023, Americans lost over $1.56 billion to crypto-related fraud. Additionally, phishing scams targeted more than 324,000 users, leading to losses of approximately $295 million. These scams often involve fake websites and advertisements that trick 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.

Hero.io is also planning to launch an ecosystem token later this year. This token will serve as a medium of exchange within the Hero.io ecosystem, covering payment services, a DeFi wallet, and an ad network, expanding 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.

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