R0AR has announced the launch of R0ARacle, a new AI agent focused on security and ease of interaction with DeFi and NFTs. This tool offers data management for users and enhances engagement with cryptocurrencies.
AI and Crypto Security Challenges
According to IBM's Cost of a Data Breach Report, the average cost of breaches in 2024 is $4.88 million, highlighting increasing data breach issues and threats to cryptocurrency users, as their addresses, portfolio details, and trading behaviors may fall victim to corporate datasets susceptible to hacking.
R0ARacle User Interface
R0ARacle will be integrated directly into the R0AR Wallet. It aims to eliminate friction associated with crypto tasks by removing the need for third-party services. All data will be processed within R0AR's infrastructure, ensuring security and confidentiality of user information. 'We are not just adding AI features to crypto; we are completely restructuring how humans interact with decentralized systems,' says Dustin Hedrick, Co-Founder & CTO.
Personalization and NFT Access
Access to R0ARacle will be exclusively granted to holders of R0AR ecosystem NFTs, ensuring long-term alignment of functionality with stakeholders. Holders of $1R0AR tokens and ERS NFTs will have access to enhanced features, including early access to token launches, automated reward flows, and AI-generated investment reports.
R0ARacle represents an innovative solution in the DeFi and NFT space, aimed at ensuring security and simplifying interaction with cryptocurrencies. The project emphasizes protecting user data and privacy, which is a pressing topic in the face of modern threats.
