- Calyx’s concept of a simple and seamless participation is advanced by the introduction of ConsumerFi, which builds on the success of the Intellex sale that was oversubscribed.
- On November 13th, the public sale of $CFI will commence on Calyx.
The multichain token launchpad Calyx, which was developed by Aurora and powered by NEAR Intents, is officially commencing its second token sale in collaboration with ConsumerFi. Individuals are able to monetize their digital activities while still keeping their privacy thanks to this next-generation consumer finance protocol, which bridges the gap between decentralized finance and artificial intelligence and data from the real world.
Calyx’s concept of a simple and seamless participation is advanced by the introduction of ConsumerFi, which builds on the success of the Intellex sale that was oversubscribed which took place the previous month. It does this by using NEAR Intents, which is the cross-chain interoperability layer that is expanding at the quickest rate. It is witnessing tremendous development with a total swap volume of more over $4 billion.
In order to transform fragmented consumer data into private, user-owned insights, ConsumerFi is in the process of developing the personal intelligence layer for decentralized applications and artificial intelligence agents. Built using NEAR AI and NEAR Intents, it gives customers the ability to govern their data, get tailored financial insights, and receive incentives from their online activities, all while maintaining the confidentiality of their information.
Users may harness artificial intelligence to convert ordinary encounters into opportunities to earn, save, and value without ever disclosing their personal data while using the ConsumerGraph, which is at the foundation of the system. The ConsumerGraph is an encrypted and portable data memory. This information is processed in a confidential manner by NEAR AI, which generates individualized insights without disclosing any personal information. After that, NEAR Intents has the ability to carry out any activity, from earning to investing, with a single touch, across various chains, and without the need for custody. After then, a portion of the income is collected whenever the data or action in question generates value.
“Our goal is simple: to build the bridge between your real-world reputation and onchain opportunity – creating credit that rewards who you actually are, not just your transaction history.” said Jon Hook, Core Contributor at ConsumerFi.
A Multichain Token Sale
On November 13th, the public sale of $CFI will commence on Calyx. It will give 25 million tokens, which is 2.5% of its entire supply of 1 billion tokens, to participants across Ethereum, BNB Chain, Base, Solana, Polygon, Bitcoin, and many other cryptocurrencies. All of these tokens will be distributed without bridges or swaps. Given that ConsumerFi is currently up and operating at scale via existing SDK integrations, reporting more than 900,000 of monthly active users across a portfolio of applications with over 170 million downloads, it is anticipated that this accessibility will draw a large amount of attention. The users in question have, up to this point, produced more than 32 billion data points, which have provided a consistent flow of highly tailored insights to enable data-driven investments in decentralized finance.
The launch of ConsumerFi’s sale on Calyx lays the path for significantly increased involvement in terms of sales. In order to facilitate token launches across different blockchain networks, Calyx provides investors with the ability to commit money on their native chain without the need for bridging, therefore lowering both costs and complexity.
In order to make use of the assets they currently own, individuals only link their wallet to any applicable network. It is possible for them to take part in the sale with only one transaction. The users have the ability to claim what is accessible, retain it on Calyx, or withdraw it to any chain that is supported, according on the vesting schedule.
An important thesis that is supported by key investors such as Animoca Brands, Morningstar Ventures, Cypher Capital, Shima Capital, and NEAR Foundation is that the ConsumerFi token sale symbolizes the confluence of artificial intelligence, DeFi, and user-owned data.
“ConsumerFi perfectly embodies what Calyx was built for – real adoption, real users, and technology that makes Web3 invisible to the end user. Leveraging NEAR Intents, token launches no longer belong to one chain. They belong to everyone,” said Alex Shevchenko, CEO of Aurora Labs.
Designed to minimize the friction that is associated with public token sales, Calyx is a cross-chain token launchpad that was developed by Aurora and is driven by the NEAR Intents framework. Calyx makes it possible for investors to participate from the network of their choosing without the need for complicated cross-chain swaps. This is accomplished by enabling projects to concurrently issue tokens across seventeen different blockchains.
A decentralized information protocol ConsumerFi is responsible for transforming fragmented application data into intelligence that is owned by the target user. Users have the ability to own and monetize their digital DNA via the usage of the ConsumerGraph, while applications and protocols are able to tap into hyper-personalized data in order to promote adoption, retention, and revenue development.
ConsumerFi currently maintains one of the biggest distribution and data networks in the cryptocurrency industry, with over 150 million downloads and 900k monthly active users (MAUs) thanks to existing SDK integrations.