Cryptocurrencies

Intentable.io Launches New Intent-centric Marketplace for Blockchain Applications

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Written By: Michael Abadha
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    Summary:
  • The Intent-Centric Marketplace empowers crypto users to use advanced intent-based strategies developed by a community of intent builders.

Intentable.io, formerly known as Kiroboflow, is thrilled to announce the launch of their Intent-Centric Architecture that includes an Intent Builder and a marketplace with Intents built by others. This new marketplace bridges the gap between intent builders and users, offering a new realm of possibilities for blockchain interactions through “Smart Transactions.”

The Intent-Centric Marketplace empowers crypto users to use advanced intent-based strategies developed by a community of intent builders. While the Intentable builder allows for the construction of intricate intents using a simple drag-and-drop interface, this feature primarily appeals to a small subset of advanced users. For the majority of crypto investors, the marketplace simplifies complexity by offering ready-made strategies that can be easily utilized to achieve their investment goals.

Intentable CEO Asaf Naim states “DeFi offers a sea of opportunities for quick and substantial profits that cannot be found anywhere else, not even in the traditional markets. However, the main problem lies in the complexity of the industry, with many protocols, each having its own rules and methods.

Very few traders master all the necessary information and techniques to profit significantly. For most users, however, this is nearly impossible. At Intentable, our mission is to solve this problem. Users don’t need to be expert traders or read through extensive documentation about existing or new protocols; they simply need to know what they want to achieve. Intentable technology combines the know-how of builders with the expertise of solvers to provide the tools needed to help users achieve their goals effortlessly.”

Among the various practical applications facilitated by the marketplace are advanced trading tools, such as the “Take Profit & Stop Loss” intent, which allows traders to set both parameters simultaneously, optimizing their trading strategy. Beyond yield strategies, there are other useful applications, such as hedging and future payments. Intentable.io is decentralized with a zero-trust approach, ensuring users retain full control and security over their assets and actions.

For instance, there is an intent in the marketplace that manages the risk associated with holding stablecoins. This intent automatically trades all of a user’s stablecoins if they lose their peg to the dollar, thereby safeguarding the user’s investment. This action can be defined to occur even if the funds are currently active in another application, such as providing liquidity or generating yield, although it is not mandatory.

In the marketplace, there are other interesting intents that solve significant problems. For example, there is an intent for digital inheritance, enabling users to specify actions such as withdrawing liquidity from a pool, converting currencies, and distributing assets to predetermined addresses in the event of the user’s inactivity over a set period.

Intentable.io is not just a platform but a facilitator of limitless possibilities, akin to Zapier or Make but on the blockchain. It allows users to connect any protocol and add conditions within minutes. 

Users can choose to use their creations personally or publish them on the marketplace to generate income.

As blockchain technology becomes more complex and widespread, Intentable.io stands out by making it accessible, customizable, and profitable for everyone—from seasoned developers to everyday users. Our intent-centric approach is designed to ensure that blockchain technology is not only more user-friendly but also more versatile, and capable of serving a broad range of needs and industries.

About Intentable.io:

Intentable.io, previously known as Kiroboflow, is the leading developer of intent-centric blockchain solutions, designed to simplify and enhance user interaction with blockchain technology through innovative smart transactions. With a focus on user empowerment and decentralization, Intentable.io is pioneering the future of blockchain applications.

For more information about Intentable.io and to explore the Intent-Centric Marketplace, please visit our website.

This post was last modified on %s = human-readable time difference 16:27

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha