Revolutionizing the financial base with decentralization: an interview with Akt.io

In 2017, the Automata Group launched the AKT.IO project. Gael ITIER has assembled a team of experts in traditional finance, blockchain and technology to disrupt retail wealth management to offer new banking services to next-generation users for their wealth growth and everyday financial needs.

Earn more for your money while allowing easy access. –

Since March 2022, the mobile application has been available for download (Apple / Android), allowing users to access the first feature released (Dedicated IBAN, Wealth Center, Euro Blockchain Vault, CryB2 Market Place, Wealth Card).

In the 2023 roadmap, AKT.IO will launch new features, including a joint European blockchain vault, a broader market for US and EU stocks, fixed allocation portfolio, and a Wealth Bot (Multi Algo-layer) to automate investments according to a personal investment strategy.

– Users can earn daily with the Euro Vault, invest in cryptocurrencies or let the Wealth Bot manage their investment and spending with the VISA Wealth Card –

AKT.IO is the first financial app that focuses on growing wealth while competitors focus on spending

In an interview with the AKT.IO team, we talked about its ecosystem, mission and vision of the platform, fortune card, stock market, and much more.

Q1) What is the thought process for designing Akt.io? Tell us about the vision and mission of the platform.

Like any other project, the first step to successfully designing a product like Akt.io is to solve a problem by providing visible added value to an existing offering through expertise, skills, networks, and most importantly, technology.

A good example of this is Revolut, with Nikolai Storonsky (CEO of Revolut) launching Revolut MVP by providing a new neobank product, offering “Spend abroad with 0% exchange fee”. As a professional trader, he saw that the fees the bank applied to retail were too high, and he had a great idea to build a product to solve this problem for the retail market.

At Akt.io, our process is similar. Gael Itier (CEO, Owner of Automata Group of Akt.io) has assembled a team of professional traders, legal and compliance experts, and experienced developers to solve the problem. Traditional new banks focus on spending functions (payment disruptions) but nothing has been disrupted when it comes to wealth management.

Our platform’s vision is to challenge the financial norm. The current system makes you think your money is worthless. This is a mistake

Wealth is the DNA of the Akt.io team. The founders acted as professional traders (algorithmic trading and discretionary research) and designed the first MVP of an automated tool to easily manage people’s wealth. Gael Itier has brought together the team of experts, from developers to legal experts to present a world-class wealth app (savings and investments) by leveraging algorithms and blockchain technology.

Using Akt.io is very easy with the Wealth Hub (multi-trust settlement) that connects to the Fiat ramp, which allows each user to access a dedicated IBAN linked to the Wealth Card, allowing users to spend their money invested in savings or investment vault at any time.

As I said, Akt.io can revolutionize the checking account and offer people real freedom to earn daily interest with Defi & blockchain technology and access to automated investment tools for beginners. And soon you’ll be able to pay for everyday things from your savings or investment vault with the Wealth Card.

He talks about the Akt.io mission. It’s the first comprehensive app to improve how you save and invest money while always keeping your money available to spend.

Q2) How has the platform performed since launch? Can you tell us more about the achievements and obstacles along the journey so far?

Fortunately, our previous roadmap has been achieved through teams, efforts and hard work. So, let’s start a few years ago:

  • Starting in 2018 So in 2019, Gael Itier united the team of expert founders and the first draft of the Akt.io ecosystem reached the Automata white paper, launching the first fundraiser through ICO.
  • In the first two years, the team completed the first seeds through a private tour and achieved MVP (Fiat Ramp, customized Iban, automated investment (back testing). At the beginning of 2020, a decision was made to rename the project with the name of Akt .io (automated key technology) and integrate Savings treasury by making use of Defi and cryptocurrency exchange.
  • In 2021, the ICO fundraising of €27 million through the pre-purchase of AKTIO Coin was completed.
  • In March 2022, the Akt.io team managed to introduce the first version 1.0 of Akt.io in stores (apple / android), which provides access to custom IBAN, cryptocurrency exchange and savings vault for Euro deposit (EUR / PAR Stablecoin).
  • A month later in April 2022, the team listed AKTIO coin for the first time at CEX Bittrex Global at the Paris Blockchain Week summit, integrating the benefit of AKTIO coin into the core of the application (staking program – lower fees – access to better return on akt.io tool)

Speaking of our achievements in just a few months: There were more than 133,000 downloads and 500 app downloads per day. Additionally, in just a few months after launch, we had 65,000 active users, 6,000 Ambassadors, and nearly 6,000 Eur Vault accounts opened.

Q3) How is Akt.io developed and transferred to the traditional financial sector?

To answer this question, there are two axes:

from direction Improve user experience Following the paths of existing fintech players such as Revolut, N26 or Lydia. They use a simple app experience to help users manage their daily financial needs (payment or saving/investment).

Akt.io develops an easy-to-use application for everyone to manage their money in one click. Traditional institutions are new to the field, and newer fintech players offer accessible investment vehicles in addition to the checking account.

on the other side, Introducing innovative technology In savings and investments to improve wealth from the first euro deposited in the application without complexity. Akt.io has already implemented an alternative to a traditional savings account by deploying an easy-to-use Euro vault blockchain with no deposit limit, interest paid in Euros daily (current average yield around 3.70% APY) and access to withdrawals at any time.

Akt.io is about to introduce its first automated cryptocurrency trading bot (Multi-Algorithmic Layer- Wealth Bot), which will be presented at CES 2023 in Las Vegas.

Bringing alternative wealth tools, users will be able to grow their wealth quickly by activating our product in one click. The offices of physical banks and useless investment advisors will become useless.

Q4) Tell us through the innovative products of the platform. How do these products fit into the concept of decentralization?

The core of the Akt.io organization is transparency and efficiency. We are on a mission to transform the traditional investment landscape with the most innovative products, and while there is still a long way to go, from day one our team has stuck to this key vision.

Decentralization enables the ability to record, track and activate all financial transactions from the user and the organization to a decentralized ledger such as a blockchain.

This way, all transactions from the user or any transaction fees from the organization will be completely transparent and will be recorded in the blockchain, via a smart contract or equivalent. We believe that this will be the main transformation of the traditional financial system.

Previously, we worked closely with the Hedera HashGraph team to design the first draft of this technology using the HashGraph layer. We are committed to continuing our participation in this revolution in the years to come.

Q5) What benefit does AKTIO Token provide to its users and how does it affect the overall ecosystem?

First, AKTIO Coin tools are flexible in a way that allows us to continue to build the interaction of the coin with the ecosystem.

First, holding AKTIO Coin provides exclusive benefits within the platform by upgrading ambassador status (500 AKTIO stuted) such as:

  • Trading fee reduction (-30%)
  • Exclusive investment program on AKTIO (15% APY)
  • Unlock EUR blockchain vault maximum earnings up to 8% instead of 4%

It is important to remember that current usage software is evolving and offering a bargain. truly, Akt.io has a very limited supply (only 100M). To reward users who join our revolution, we will quickly activate upward pressure when we get high customer acquisition momentum (more new users, more ambassadors, higher coin price). And for the company, this will give us spare energy for development and society as well.

In 2023, we are studying the integration of AKTIO coin into the Defi space by listing the coin in DEX to build new features such as Dex SWAP, Liquidity Pool rewards program and global community tools with future partners.

Q6) Recently, Akt.io also received an invitation to be a part of CES Las Vegas from January 5-8, 2023. How will this event benefit the overall growth of the platform?

It was a great surprise for us to be chosen to attend CES 2023. Especially when you consider the caliber of the other participants in the event.

It is, for us, the first important recognition we get for the innovation we develop, which also brings a lot of legitimacy to our organization. It will give our company great coverage in the tech media and also encourage additional investment that the company is seeking with venture investors for the next round of fundraising.

Expect us to let you know how it goes in January when we get back from the US.

For more on Akt.io, check out Official Website And follow them Twitter management.

Disclaimer: This is a paid post and should not be taken as news/advice.

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