Rug.ai

Rug.ai is an AI-powered security and trading infrastructure platform for the cryptocurrency market, founded in 2023 by Jake L and Joseph Ayoub in the United Kingdom. The company provides tools that assess token vulnerabilities in real-time, helping traders and investors make informed on-chain decisions. Its core service utilizes artificial intelligence, including deep learning and predictive analytics, to analyze market trends, on-chain metrics, and news sentiment to identify potential risks and trading opportunities.

The platform aims to offer an end-to-end on-chain safety solution, with plans to expand from token safety analysis to other areas like wallet signature and phishing checks. By using advanced algorithms, Rug.ai allows users to develop and deploy algorithmic trading strategies, conduct market sentiment analysis, and optimize trade execution. The business model appears to be centered around providing these security and trading tools to participants in the decentralized finance (DeFi) ecosystem.

In March 2024, Rug.ai announced it had raised $1.1 million in a pre-seed funding round. The round was led by No Limit Holdings and included participation from investors such as Mask Network, FormlessCapital, and Builder Capital. In July 2024, co-founder Joseph Ayoub announced he would no longer be involved in the daily operations of the project due to a dispute over shareholdings.

Keywords: on-chain security, crypto trading, AI security platform, token safety, DeFi, algorithmic trading, risk analysis, token vulnerability, phishing checks, web3 security, crypto analytics, blockchain security, predictive analytics, market sentiment analysis, digital asset protection, smart contract audit, crypto risk management, trading infrastructure, investment tools