Mudrex, a Bengaluru and San Francisco-based Y Combinator-backed global crypto investing platform AI chatbot SatoshiGPT.
A company statement reveals that the bot is designed to provide comprehensive cryptocurrency education. It is a free learning tool that aims to educate individuals about the crypto ecosystem and enable them to make informed decisions in their crypto investments.
At present, the platform is accessible in English and Hindi, with plans to expand to include additional regional languages in the near future.
The company has claimed that individuals face barriers to understand the complex world of cryptocurrency. A knowledge gap in analysing technology and tokens prevent them from investing. SatoshiGPT will play a pivotal role in resolving these problems, the company believes.
In addition to its educational features, Mudrex is also planning to launch an AI portfolio analyzer. This tool evaluates users' crypto portfolios and provides personalized recommendations to optimize their investment strategies. By identifying potential weaknesses or areas for improvement, users can make informed decisions to enhance their portfolio's performance and mitigate risks effectively.
"We believe that education is the key to empowering individuals to make informed decisions in the crypto ecosystem," said Edul Patel, CEO and Co-founder at Mudrex.
"With the launch of SatoshiGPT, we are excited to offer a free and accessible learning tool that will expand knowledge, demystify crypto concepts, and ultimately foster confidence among users," he added.
Shashank Sahu, Head of New Initiatives at Mudrex noted, “AI is reshaping the way we engage with products. Our objective is to leverage AI in simplifying information accessibility, safeguarding users from scams, and empowering them to make smart investment decisions. To accomplish this mission, we are proactively exploring inventive concepts to support users in their cryptocurrency investment endeavors."