CoinAnalyst and Yieldster have entered into a strategic partnership, combining CoinAnalyst industry leading crypto products with Yieldster world class Vaults designed for institutional investors and family offices.
CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), a company that provides an artificial intelligence-based big data analytics platform (the "Platform") that enables investors in the digital asset sector and other industries to access a custom dashboard, today announced it has entered into a strategic partnership with Yieldster.io (Yieldster).
"We told our shareholders to stay tuned as we come out of the gate with a bang! We couldn't be more excited to announce this partnership as our first public market announcement. CoinAnalyst intends to implement our successful Copy Trading strategies on the Yieldster DeFi platform, providing their users to set up AI data driven Vaults for their investor powered by CoinAnalyst," said Pascal Lauria, CEO and Co-Founder of CoinAnalyst.
A vault contains crypto assets that are tied to a smart contract that defines the terms under which the assets are traded, so every trade is logged on the blockchain and is transparent.
Amin El Gazar, CEO and Co-Founder of Yieldster stated: "We welcome CoinAnalyst as one of the first companies to add their strategies to our Vaults, but the partnership goes much deeper than this. We are also working together to integrate their Insights platform, monthly newsletters, and institutional level research within our infrastructure. We feel a well-rounded offering adds immense benefit to our institutional investors and family offices alike."
CoinAnalyst provides an artificial intelligence-based big data analytics Platform that enables investors in the digital asset sector and other industries to access a custom dashboard. The dashboard monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings). The software monitors news sources, tracks influencers, scans online social media, and provides sentiment analysis, forecast and trade signals on the top 300 digital assets (more are added regularly). Additionally, the software system provides news, price quotes and allows for messaging. A mobile version and professional terminal are in development with expected availability in Q1, 2022. The Platform is accessed through a monthly subscription model, which ranges in price depending on the plan. The plans include basic, professional, and corporate. The Platform is sold through business-to-consumer (B2C) and through business-to-business-to-consumer (B2C2C).
Yieldster DAO is a leading technology company developing the innovative Yieldster DeFi platform that gives investors the ability to run an investment strategy on DeFi including portfolio allocation, arbitrage, and liquidation. Unlike other companies in this space, who create walled gardens for their protocols, Yieldster created a compliance overlay that covers its own protocols as well as others. Yieldster was founded in March 2020 by a team of experienced fintech technologist and entrepreneurs whose goal it is to remove the complexity and bring credibility in investing in DeFi.
Learn more about Yieldster - https://yieldster.io
For more information, please contact:
Chief Operating Officer and Director
Phone: + 49 69 2648485 - 20
This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations, the Company being able to successfully execute its business strategy, statements regarding the development of a mobile version of the Platform and professional terminal, the continued availability of capital and financing, and general economic market or business conditions. The forward-looking statements and information are based on certain key expectations and assumptions made by management.
Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, general economic conditions, the state of the regulatory environment in which the Company operates, competition, loss of markets, inability to access sufficient capital from internal and external sources, currency and interest rate fluctuations, and other risks. Please refer to the Listing Statement for more details on the risks faced by the Company. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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