Crypto Exchange Hashkey launches its first AI-driven product, Modai. The company also plans to expand its products to include AI agents that can trade on the blockchain.
On April 3, Hong Kong-based Crypto Exchange took its first step into the field of artificial intelligence with the release of its latest product, Modai. According to the official website, Hashkey’s Modai is designed to mitigate content, generate virtual avatars, engage with users as chatbots and provide customer support.
According to a report from SCMP, the company said the AI-driven tools could reduce user engagement by 80% and twice as much user engagement. Modai uses a large-scale linguistic model or combination of LLM, consisting of Deepseek, Openai, humanity and metaplatforms.
AI tools can respond to users in a variety of languages: Chinese, English, Japanese and Vietnamese. The company plans to add more languages to its knowledge base later this year.
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Sean Wang, vice-chairman of Hashkey’s Product and head of the AI team, said that Crypto companies had originally planned to develop their own LLM, but opposed it because of the high cost required to create it.
Meanwhile, Wang said the company plans to expand its AI tools to include AI agents that can perform a variety of tasks for its users. Hashkey (HSK) hopes that one of the tasks that AI agents can do in the future is to automatically invest in crypto assets based on the user’s capital and target returns, Wang explained.
AI agents have been a hot topic in the crypto space as traders are drawn to the ease and innovation that these agents provide when managing their finances. However, some people criticize the utility and functionality of the crypto community.
Recently, Binance co-founder Changpeng “CZ” Zhao said that in most cases, AI agent developers take too long to concentrate on developing AI agent tokens rather than agent usefulness. Therefore, he encouraged the developer to create a “really good agent” before launching the token.
At the beginning of January, CZ criticized the AI chatbot to bring “lazy” because it allows users to communicate what they already know, rather than providing new information.
“The problem with AI chatbots is that I don’t know what I don’t know. I don’t know what to ask, and I hope that I can tell me what I need to know.
Last month, Hashkey launched a new initiative to evaluate cryptocurrency and crypto exchanges in Hong Kong to help local crypto companies comply with local regulatory frameworks for virtual assets.
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