Evai is a decentralised autonomous organisation (DAO) Presenting a world-class decentralised rating system for crypto, DeFi and NFT-based assets that can be used by anyone to evaluate these new asset classes.
Through a combination of peer-reviewed financial research and economic modelling, Evai provides decentralised and impartial ratings based on a multi-factor AI & ML model that removes the need for human intervention.
The EVAI token is an Ethereum-based ERC-20 standard token built upon a turing complete smart contract. By conforming to the ERC20 token standard, EVAI is compatible with existing Ethereum infrastructure, such as wallets and exchanges.
The Ethereum Virtual Machine (EVM) allows the deployment and execution of smart contracts, enabling complex issuance rules for cryptoassets like EVAI.
Evai will build upon this and encourage community engagement through a distributed token-based governance system, allowing EVAI holders to vote and reach consensus on platform upgrades, security protocols and decide which cryptoasset instruments are added next to the ratings platform.
To address potential volatility issues and to satisfy the criteria of certain tier 1 & tier 2 exchanges, Evai has formulated a staking mechanism, mandating both founders and early investors to hold tokens beyond exchange listing until a fixed future date.
This provides additional certainty to all early EVAI adopters in terms of price protection and provides a fixed date when tokens will be able (available) to trade, buy, sell, or swap via an exchange.
All EVAI tokens purchased from day 1 of the project until our initial exchange listing will be staked—with wallets being locked from 1st December 2020 until 1st June 2021. A Staking reward amounting to 10% of EVAI holdings will be added to all investors’ wallets at the end of the Staking period on 1st June 2021.
From June 1st onwards, early investors will be able to sell a maximum of 10% EVAI per month over a 10 month period, equating to 100% of their token holding.
All founders’ token holdings and wallets will be locked from 1st December 2020. Founders will not be eligible for any staking reward on founder allocations other than those acquired via additional investment, which will be treated under the 'Investors Staking' procedure.
Additionally, founders’ exchange sales will be further restricted for five years from December 1st, 2020. Founders will only be allowed to sell up to 10% of their holding from the end of each six-month period from the commencement of staking. In this way, the founders will be strongly incentivised to work for the benefit of Evai to provide ongoing price stability and growth.
The Evai founders unanimously decided that investor staking was an essential mechanism to promote price stability and ensure the future prosperity of the Evai ratings project. It was also unanimously agreed that all founders must submit to an even more rigorous staking regime than that of investors to ensure continued dedication to the Evai business for years to come.
The Founder’s token allocations are required to be released monthly at a rate of 1.67% over a 60 month period (5 Years). This approach alleviates sell pressure in the open market post IEO for all investors new and old.
Participants of the Token Sale understand and accept that EVAI tokens do not represent or constitute any ownership right or stake, share or security or equivalent rights nor any right to receive future revenues, shares or any other form of participation or governance right in or relating to the Evai service or any entity from Evai Ratings & Research Ltd.
The DLT Asset qualifies as a UNIT in an undertaking that constitutes a scheme or arrangement which has its objectives in the collective investment of capital. Participants of Token Sale understand and accept that he/she has no right to claim as holder of EVAI any intellectual property rights, equity or equivalent rights or any other form of participation in or relating to the Evai service and/or any entity from Evai Ratings & Research Ltd.
EVAI is a utility token, issued on the Ethereum platform based on an ERC20 standard contract, that can be used as form of payment for Evai service. Ownership of EVAI carries no rights express or implied other than a right to receive the Evai service, if and to the extent the Evai service has been successfully completed and launched in a country.
By purchasing EVAI tokens the Participant of such Token Sale represents and warrants that:
The Participant of Token Sale is not a citizen or resident of a country, whose legislation conflicts/restricts exchange of tokens/ryptocurrencies and/or the Evai service in general.
The Participant of Token Sale is not a citizen or resident of countries listed in COMMISSION DELEGATED REGULATION (EU) 2016/1675 of 14 July 2016 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council by identifying high-risk third countries with strategic deficiencies e.g.: Afghanistan, Bosnia and Herzegovina, Guyana, Iraq, Lao PDR, Syria, Uganda, Vanuatu, Yemen, Ethiopia, Sri Lanka, Trinidad and Tobago, Tunisia, Iran, Democratic People’s Republic of Korea (DPRK)
If you are purchasing the EVAI token through an exchange via pre-sale or listing, you will have to complete account verification and verification of your identity documents before purchasing EVAI token. This usually entails email and phone verification, uploading of your passport or national ID and submission of your latest utility bill (within the last 3 months).
Procedures will be conducted according to laws of the European Union, especially Commission Delegated Regulation (EU) 2016/1675 of 14 July 2016 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council by identifying high-risk third countries with strategic deficiencies.
For the avoidance of doubt, the following country residents and nationals are permitted/not permitted to purchase or own EVAI Tokens.
Andorra, Anguilla, Armenia, Aruba, Australia, Austria, Bahrain, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, Brunei, Bulgaria, Canada, Cayman Islands, Chile, China, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Dominica, Dominican Republic, Egypt, Estonia, Faroe Islands, Finland, France, Gambia, Georgia, Germany, Gibraltar, Greece, Greenland, Grenada, Guernsey, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Korea, Kuwait, Latvia, Lebanon, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Malaysia, Malta, Marshall Islands, Martinique, Mauritius, Mexico, Monaco, Montserrat, Morocco, Netherlands, Netherlands Antilles, New Zealand, Niue, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russian Federation, Réunion, Saint Kitts and Nevis, Saint Lucia, San Marino, Saudi Arabia, Seychelles, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Suriname, Sweden, Switzerland, Taiwan, Thailand, Tunisia, Turkey, Turks and Caicos islands, Tuvalu, United Arab Emirates, United Kingdom, Uruguay, Vanuatu, Vatican City.
Not Permitted Countries
Afghanistan, Albania, Algeria, American Samoa, Angola, Antigua and Barbuda, Argentina, Azerbaijan, Bahamas, Belarus, Benin, Bhutan, Bosnia and Herzegovina, Botswana, Burkina Faso, Burma (Myanmar), Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Colombia, Comoros, Congo, Congo-Brazzaville, Cook Islands, Cote d'Ivoire / Ivory Coast, Cuba, Djibouti, Ecuador, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Fiji, Gabon, Ghana, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Iran, Iraq, Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan, Laos, Lesotho, Liberia, Libya, Madagascar, Malawi, Maldives, Mali, Mauritania, Moldova, Mongolia, Montenegro, Mozambique, Namibia, Nauru, Nepal, New Caledonia, Nicaragua, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Palau, Palestinian Territories, Panama, Papua New Guinea, Paraguay, Puerto Rico, Rwanda, Saint Vincent & The Grenadines, Samoa, Sao Tome & Principe, Senegal, Serbia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Swaziland, Syria, Tajikistan, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Turkmenistan, Uganda, Ukraine, United States of America, US Virgin Islands, Uzbekistan, Venezuela, Vietnam, Western Sahara, Yemen, Zambia, Zimbabwe
Growing our community - 60 Day Free Trial Campaign
Counting down to the launch of the Evai rating platform in 2021, we launched a pre-registration campaign, giving the crypto community and investors the chance to get a 60-day free trial when it launches. Leading crypto influencers got involved and spread the word to build anticipation and grow our community.26.12.2020
Founder & Investor Staking implemented
We have deployed EVAI (EV) token staking for all early investors and founders for a period of 6 months.23.12.2020
Evai sets up a UAE office that will be hubbed in Dubai at Astrolabs.22.12.2020
Smartchain integration for EVAI Token (EV) completed and now on smartchain for Audit by Certik.16.12.2020
Evai.io joins Brighton Research Innovation technology Exchange
Evai is invited to join the Brighton Research Innovation Technology Exchange (BRITE), a business innovation program geared towards helping ambitious and established businesses reach their full potential. We settle in at our new offices at the Plus X Innovation Hub, which is affiliated to the BRITE programme.02.12.2020
Smartchain integration started for BEP20 protocol.02.12.2020
Creative Director Appointed
Evai hires experienced Creative Director Rob Perryman to lead the continued development of the brand across all marketing channels. Rob brings with him experience of working on leading tech brands including 3 Mobile.01.12.2020
Founders & Investors Token Staking
All founders and initial Investors have unanimously agreed to stake their EVAI Tokens effectively locking up their token allocations for a period of 6 months or longer.27.11.2020
Journey towards listing begins
Application documents received from identified exchanges and the team began the rigorous process of completing all necessary checks covering every aspect of the business from our legal compliance to our technological capabilities, business structure and future roadmap.08.11.2020
ETH Data charts installed on development platform
ETH charts installed on the Evai.io development platform05.11.2020
Legal Review Completed
Legal Review of Tokenomics and Smart contract audit completed.02.11.2020
AI Expert Appointed
Dr. Jerome Healy joins the Evai ratings development team as AI and ML senior analyst.01.11.2020
Tier 1 Exchange Identified
Founders set their sights on Tier 1 Exchange listing partners after a full review of potential exchange partners and numerous early offers from a range of cryptocurrency exchanges around the world.28.10.2020
Token Pre-Sale Rounds Closed
Evai.io completes six-sellout Token pre-sale rounds. The project is fully funded ($1.2m) and ready to progress the development of the Evai ratings platform and grow to meet its objective of becoming a global business.27.10.2020
Funding Tier 4
Funding Complete and IEO Due soon.25.10.2020
EVAI (EV) Token Price $0.49
EVAI (EV) Token is priced at $0.49 ahead of our IEO.09.10.2020
EVAI (EV) Token Price $0.23
EVAI (EV) Token reaches $0.23 following successful Token Pre-Sale rounds.26.09.2020
EVAI (EV) Token Smart Contract Security Audit
EVAI (EV) Token Smart Contract Security Audit completed.10.09.2020
Chief Operating Officer
Stuart Paterson joins as Evai.io’s Chief Operating Officer05.09.2020
Director of Communications
Will Heasman joins Evai.io as Director of Communications and brings with him over 4 years’ experience working as a journalist for some of the world’s most respected cryptocurrency and blockchain media titles including Cointelegraph and Decrypt.04.09.2020
Evai Official Telegram Channel is launched at https://t.me/Evaiofficial01.09.2020
EVAI (EV) Token Price $0.21
EVAI (EV) Token is priced at $0.21 following successful pre-sale funding rounds.01.09.2020
Evai.io is Featured on Cryptoslate
Evai.io is featured on the popular crypto news site Cryptoslate.27.08.2020
Evai Ratings Platform Development Started
Development work is started on the Evai.io data and ratings platform.25.08.2020
Whitepaper Translated to Arabic
The Evai.io whitepaper is translated into Arabic language and available for download on Evai.io24.08.2020
Co-founder Chief of Staff
Simon Reid joins as Chief of Staff and is awarded as co-founder status.20.08.2020
Evai.io is Featured on Decrypt
Prof Andros Gregoriou and Evai.io are featured alongside key industry experts in a Decrypt feature article on Bitcoin price trends in the coronavirus era.14.08.2020
Evai.io is Featured on Coincodex
Evai.io project review is featured on the popular crypto channel Coincodex.18.08.2020
EVAI (EV) Token Price $0.17
EVAI (EV) Token is currently priced at $0.17 following successful Token Pre-Sale rounds.15.08.2020
MENA Community Manager
Nabil Salini joins as Evai Middle East and North Africa Community Manager.10.08.2020
EVAI (EV) Token Price $0.15
EVAI (EV) Token is currently priced at $0.15 following successful Token Pre-Sale rounds.07.08.2020
Evai.io is Featured on AMB Crypto
Evai.io project review and interview with Matt Dixon, CEO, features on AMB Crypto as we unveil our decentralised ratings model which aims to bridge crypto and traditional finance.04.08.2020
Economic Advisor Appointment
Jassim Al Hammadi joins the Evai.io team as Economic Advisory.04.08.2020
Evai’s CEO on CNBC Arabia
Evai Founder Matthew Dixon visited the CNBC Arabia studio to discuss Bitcoin price movements and how to manage a successful cryptocurrency investment portfolio.17.08.2020
EVAI (EV) Token Price $0.07
EVAI (EV) Token is currently priced at $0.07 for investors following successful Token Pre-Sale rounds.01.08.2020
Evai reviewed by leading crypto influencer WendyO
Leading cryptocurrency influencer CryptoWendyO reviewed Evai.io on her show!17.08.2020
Data Governance specialist
Victoria Tanimowo joins as Data Governance specialist16.07.2020
The Future of Finance Webinar
Matthew Dixon, CEO, and Professor Andros Gregoriou, Chief Research Officer, feature on TheBusinessDesk webinar with host Ben Ormsby and special guest Rashee Pandey from Innovate Finance.15.07.2020
Evai.io makes its debut on Cointelegraph
News of Prof Andros Gregoriou’s breakthrough research and details of the Evai ratings model appear on the leading cryptocurrency news site Cointelegraph.15.07.2020
EVAI (EV) Token Pre-sale launched on ZBX
We are proud to launch our EVAI (EV) Token Pre-sale live on www.zbx.one
EVAI (EV) Token is priced at $0.03 as we begin our Token Pre-Sale on ZBX.one.15.07.2020
Chief Financial Officer
Marsela Tafa joins as Chief Financial Officer10.07.2020
Evai.io Translated to Arabic
www.evai.io website is translated into Arabic for our Middle Eastern investor community.05.07.2020
EVAI (EV) Token Price $0.02
EVAI (EV) Token is priced at $0.02 following successful initial funding rounds.01.07.2020
Funding Tier 3
20 Million Token Investment Tranche filled.30.06.2020
EVAI Token Wallet on Apple App Store
Evai mobile token wallet is launched on Apple App Store.16.06.2019
Director of Ratings Analysis Appointed
Dr. Rob Haywood joins as Director of Ratings Analysis18.06.2020
EVAI (EV) Token Price $0.01
EVAI (EV) Token is currently priced at $0.01 following successful initial funding rounds.15.06.2020
Chief Marketing Officer
Evai.io hires Nick Hamilton as Chief Marketing Officer who brings over 15 years’ experience working on global campaigns for renowned brands including Coca-Cola, Shell, Heineken, Adidas and Nike.04.04.2020
Funding Tier 2
9.1 Million Token Investment Tranche Filled.02.03.2020
Evai.io is launched
www.evai.io website is launched to give crypto and traditional investors an overview of the Evai.io business strategy and core business proposition.11.02.2020
Branding development work is completed on Evai.io and sets the future direction for the Evai brand across all key marketing channels.22.01.2020
Chief Technology Officer
Evai.io hires Johnny Huntington as Chief Technology Officer16.01.2020
Funding Tier 1
3.9 Million Token Investment Tranche Filled.14.01.2020
Evai.io Domain name booked
We add ww.Evai.io and 20 other secured Evai names to our domain list.07.12.2019
EVAI Token Wallet on Android
Evai mobile token wallet is launched on Android.16.07.2019
Co-founder and Business Advisor
Ian Hamilton joins as co-founder and Business Advisor and brings his wealth of experience applying emerging technologies to traditional industry sectors.10.07.2019
www.evaifund.io is launched to facilitate EVAI (EV) token investments using BTC, ETH and XRP.01.06.2019
Evai.io Smart Token Contract
The EVAI (EV) Token smart contract is completed using ERC20 and launched on Metamask20.05.2019
The EVAI (EV) token modelling is completed.01.05.2019
Evai Linkedin Channel launched
Evai.io’s official linkedin channel is launched at https://www.linkedin.com/company/evai202027.04.2019
Co-founder and Chief Strategy Officer
Arif Al Otaibi joins as a Co-founder and Chief Strategy Officer25.04.2019
Chief Executive Officer
Matthew Dixon takes on the role of Chief Executive Officer for Evai.io25.04.2019
Indepth academic review completed by Professor Andros Gregoriou, University of Brighton, UK.22.04.2019
6 Core Criteria
The 6 core ratings criteria is developed by Professor Andros Gregoriou, University of Brighton, UK.16.04.2019
The initial whitepaper is developed for Evai.io by Matthew Dixon and Professor Andros Gregoriou, University of Brighton, UK.11.04.2019