CPAI Announces Launch of Native Utility Token CPAI/USD on Uniswap UNI/USD Decentralized Exchange

Crypto tax complexities are set to be addressed by a new project called CPAI, which has announced the launch of its native utility token, CPAI/USD, on the Uniswap UNI/USD decentralized exchange.

The token will offer access to the project's AI-powered crypto tax reconciliation platform.

According to the project's press release, CPAI token holders will get priority access to the CPAI crypto transaction reconciliation platform, which will include AI-powered tax software, professional reconciliation services, and legal guidance.

Additionally, token holders will also be eligible for 15% discounts on services like data reconciliation, legal opinions, and filing services provided by crypto tax specialists at MoonTax and Olson & Partners Law.

CPIA aims to streamline tax filings with precise transaction labeling and reconciliation, offering precise transaction labeling and reconciliation.

The project will use Generative AI Models for data reconciliation, considering the limitations of traditional tax software in keeping up with the complexities of decentralized finance.

The platform will provide users with tax support for even the most intricate and complex crypto activity.

The launch of CPAI comes at a crucial time, considering the current bull market and the upcoming tax season.

“As crypto portfolios swell during the ongoing bull market, we are giving traders the tools to manage their tax obligations more efficiently while maximizing their returns,” said Derek Wride, Founder of CPAI and CEO of MoonTax, partner at Olson & Partners Law, and advisor at the Utah Blockchain Coalition.

Wride's experience in both crypto and tax matters positions CPAI to offer a unique solution for traders navigating the complexities of crypto taxes.

CPAI also boasts the tax legal expertise of Ephraim Olson, a Harvard-trained tax attorney and Managing Partner at Olson & Partners Law, bringing a deep understanding of the legal aspects of crypto taxation to the project.

The project offers an AI-based crypto accounting tool, backed by human reconciliation and legal services for more complex cases.

The $CPAI token serves as the entry point to a network that provides access to AI-powered software, professional reconciliation services, and expert legal advice.