ConsumerFi Launches on Calyx: A Personal Intelligence Layer for Apps and AI

ConsumerFi Launches on Calyx: A Personal Intelligence Layer for Apps and AI

Calyx introduces ConsumerFi, an innovative personal intelligence layer that enhances engagement in decentralized applications (dApps) and artificial intelligence (AI) solutions. This launch follows the successful oversubscription of the Intellex sale. ConsumerFi leverages NEAR Intents, a rapidly growing cross-chain interoperability layer, enabling users to manage their own data and gain valuable insights while preserving privacy.

Key Takeaways

ConsumerFi Launch: ConsumerFi is introducing a personal intelligence layer for dApps and AI on Calyx following a successful previous sale.
Privacy and Control: Users can independently manage their data and receive tailored financial insights while keeping their information confidential.
Token Sale Details: The public sale of $CFI will start on November 13th, distributing 25 million tokens (2.5% of total supply) across multiple blockchain networks.
Multichain Functionality: Participants can engage in the token sale natively on their preferred chains without complicated bridging processes.
Strong Backing: Significant investors like Animoca Brands and NEAR Foundation support the ConsumerFi vision.

ConsumerFi: Revolutionizing User Data

Calyx enhances its vision of seamless user engagement with ConsumerFi, building upon the success of the Intellex sale held last month, which saw overwhelming interest. ConsumerFi employs NEAR Intents, a leading cross-chain interoperability solution witnessing impressive growth with a swap volume exceeding $4 billion.

This new initiative aims to transform fragmented consumer data into private, user-owned insights for decentralized applications and AI agents. ConsumerFi, built on NEAR AI and NEAR Intents, empowers users to control their data, gain tailored financial insights, and earn rewards from their online activities while ensuring their personal information remains confidential.

By utilizing the ConsumerGraph, which is foundational to this system, users can leverage AI to turn everyday interactions into earning, saving, and value-generating opportunities without exposing their personal data. The ConsumerGraph serves as an encrypted, portable data memory, processed confidentially by NEAR AI to create personalized insights. NEAR Intents can then execute various actions—like earning or investing—with a single click, seamlessly across multiple blockchain networks without the need for custody. Each time data or action generates value, a share of the income is collected.

Upcoming Multichain Token Sale

The public sale of the $CFI token is set to launch on November 13th, with 25 million tokens (2.5% of the total supply of 1 billion) available for purchase across multiple cryptocurrencies, including Ethereum, BNB Chain, Base, Solana, Polygon, and Bitcoin. Notably, these tokens will be distributed without the need for bridges or swaps. With ConsumerFi already operational through existing SDK integrations, boasting over 900,000 monthly active users and 170 million total application downloads, the anticipated accessibility of this sale is expected to attract significant attention. Users have contributed over 32 billion data points, providing a rich source of tailored insights for data-driven investments in decentralized finance (DeFi).

The introduction of ConsumerFi’s token sale on Calyx is anticipated to significantly boost participation levels. Calyx offers a simplified mechanism for token launches across different blockchains, enabling investors to engage from their native chain without bridging, thus minimizing costs and complexity.

Users can easily participate by linking their wallets to applicable networks. They are enabled to join the sale with just one transaction. Participants have the option to claim accessible tokens, keep them on Calyx, or withdraw them to any supported chain according to the vesting schedule.

A compelling thesis that sits at the heart of the ConsumerFi token sale is bolstered by key investors such as Animoca Brands, Morningstar Ventures, Cypher Capital, Shima Capital, and NEAR Foundation. They believe this sale illustrates the merging of AI, DeFi, and user-owned data.

Calyx is crafted to reduce the complications normally associated with public token sales. Built by Aurora and powered by the NEAR Intents framework, this cross-chain launchpad allows investors to participate without the need for cumbersome cross-chain swaps, supporting token issuances across seventeen different blockchains.

Unlocking User Intelligence with ConsumerFi

As a decentralized information protocol, ConsumerFi aims to convert scattered application data into intelligence that users fully own. By utilizing the ConsumerGraph, users can manage and monetize their digital identities. Simultaneously, applications and protocols can access highly personalized data, promoting greater adoption, user retention, and revenue growth.

Thanks to robust SDK integrations, ConsumerFi currently boasts one of the largest distribution and data networks in the cryptocurrency sector, with over 150 million downloads and 900,000 monthly active users.