Cryptonaire Weekly Magazine Edition 148

Page 29

CRYPTONAIRE

WEEKLY CRYPTO investment journal

CRYPTO INVESTMENT RATINGS – HOW EVAI DECENTRALIZED RATINGS WILL NAVIGATE THE HYPE AND BIAS

The accelerated growth and Bullish trends in Crypto along with the introduction of Defi protocols, has highlighted an urgent need for investors to seek out reliable ratings of the securities they are investing in. Savvy crypto traders and investors recognise their success in financial markets is highly dependent on accurate sources of information that remain impartial to hype and detached from inherent bias. Since the 2008 Great Recession which was caused by a failure of financial ratings, the system has been held to account and forced to evolve. As Bitcoin and 6,000+ cryptocurrencies continue to evolve at speed a decentralized and unbiased ratings system is needed to help cryptocurrency investors reliably navigate the $300+ billion market. This is where UK based company Evai.io has identified an opportunity to ensure the crypto market avoids the same trap as the traditional financial sector.

Cryptonaire Weekly | September 15th 2020

29

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