Edain is an AI-powered knowledge creation ecosystem. It provides users access to data through proprietary software applications offering knowledge and analyses on various topics. EAI is Edain's native utility token, built on the Xiden blockchain. The applications within the Edain ecosystem are accessible exclusively using EAI, thereby integrating knowledge access with utility and investment opportunities. One key application in the ecosystem is Decision Point Crypto, which is a tool for cryptocurrency market sentiment analysis. Edain is also planning to allow developers to build their own apps using its data. It is a big data project developed by Prisma Analytics in partnership with CryptoDATA Tech​​.

What is Edain (EAI) used for?

The primary use of EAI, the native token of Edain, is to facilitate access to the various applications within the Edain ecosystem. These applications provide insights and analyses across multiple topics, most notably through Decision Point Crypto for market sentiment analysis in the cryptocurrency sector. The EAI token thus acts as a gateway to accessing and leveraging the data-driven knowledge that Edain offers. Additionally, the platform plans to enable developers to create their own applications using the data available within the Edain ecosystem​​.

The project is a collaborative effort between Prisma Analytics and CryptoDATA Tech.

Although 'EAI' was the ticker assigned at the deployment of the Edain Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'EDAIN' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.