Intentable.io, previously known as Kiroboflow, has announced the launch of its groundbreaking Intent-Centric Architecture, featuring an Intent Builder and a marketplace stocked with pre-built Intents. This innovative marketplace aims to connect intent builders with users, opening up new possibilities for blockchain interactions through what they call “Smart Transactions.”
Empowering Users with Advanced Strategies
The Intent-Centric Marketplace is designed to empower cryptocurrency users by providing access to sophisticated intent-based strategies developed by a community of intent builders. While the Intentable builder tool allows users to create complex intents using a simple drag-and-drop interface, this feature primarily caters to a niche group of advanced users. For the broader crypto investor community, the marketplace simplifies the complexities of blockchain transactions by offering ready-made strategies that can be easily implemented to achieve specific investment objectives.
The CEO of Intentable, Asaf Naim, emphasized that while decentralized finance (DeFi) presents numerous opportunities for quick and substantial profits, it is often hampered by its complexity. With numerous protocols, each having its own unique rules and methods, only a few traders can master the necessary information and techniques to profit significantly. For the majority of users, navigating this landscape is nearly impossible. Intentable aims to address this challenge by providing technology that merges the know-how of builders with the expertise of solvers, enabling users to achieve their financial goals without needing to be expert traders or sift through extensive documentation.
Practical Applications and Advanced Trading Tools
Among the practical applications facilitated by the marketplace are advanced trading tools. One notable example is the “Take Profit & Stop Loss” intent, which allows traders to set both parameters simultaneously, thus optimizing their trading strategies. Beyond yield strategies, the marketplace also offers useful applications such as hedging and future payments. Intentable.io operates on a decentralized platform with a zero-trust approach, ensuring users retain full control and security over their assets and actions.
An illustrative example of the platform’s capabilities is an intent designed to manage the risks associated with holding stablecoins. This intent can automatically trade all of a user’s stablecoins if they lose their peg to the dollar, thereby safeguarding the user’s investment. This functionality can operate even if the funds are active in another application, such as providing liquidity or generating yield, although this is not mandatory.
The marketplace features other innovative intents that address significant issues. For instance, there is an intent for digital inheritance, which allows users to specify actions like withdrawing liquidity from a pool, converting currencies, and distributing assets to predetermined addresses if the user remains inactive for a specified period.
Facilitating Limitless Blockchain Possibilities
Intentable.io positions itself not merely as a platform but as a facilitator of limitless possibilities, akin to automation tools like Zapier or Make, but within the blockchain space. It enables users to connect any protocol and add conditions within minutes. Users have the flexibility to use their creations personally or publish them on the marketplace to generate income.
As blockchain technology becomes increasingly complex and widespread, Intentable.io distinguishes itself by making this technology accessible, customizable, and profitable for everyone, from seasoned developers to everyday users. The intent-centric approach ensures that blockchain technology is not only more user-friendly but also more versatile, capable of serving a broad range of needs and industries.
By streamlining the process of blockchain interactions and providing powerful tools for both novice and advanced users, Intentable.io is poised to become a pivotal player in the evolution of blockchain technology, offering solutions that enhance user experience and broaden the scope of blockchain applications.