Crypto SpeakEasy for SNET

chevron-icon
Back
project-presentation-img
Sudipto De
Project Owner

Crypto SpeakEasy for SNET

Funding Requested

$35,000 USD

Expert Review
Star Filled Image Star Filled Image Star Filled Image Star Filled Image Star Filled Image 0
Community
Star Filled Image Star Filled Image Star Filled Image Star Filled Image Star Filled Image 3.8 (5)

Overview

At present, Web3 is evolving at a phenomenal pace with new protocols, tokens, and Apps emerging every day. Navigating this complexity can be daunting for even the most experienced users. With Crypto SpeakEasy imagine you could simply tell an AI agent what you want to achieve on-chain, and it would automatically compose and execute the necessary transactions for you. Our aim is to simplify the basic 3 transactions Send Tokens: performs token transfers and wallet balance queries using the ERC20 standard. Swap Tokens: specializes in swapping tokens Research Tokens: fetch tokens by name or category, and information about price, liquidity, market cap, fully diluted value, and more.

Proposal Description

How Our Project Will Contribute To The Growth Of The Decentralized AI Platform

Crypto SpeakEasy for SNET can translate high-level user goals into a series of blockchain transactions. This means as a user you no longer need to be an expert in every protocol or spend hours learning how to manually compose different types of transactions. Simply tell Crypto SpeakEasy  what you want to achieve, and it will handle the rest.

As a user, making your day to day Crypto transactions as easy as just writing a prompt of what to do.

Crypto transactions made easy (buyers/sellers) in Web3

Our Team

Arbiteria’s main strengths would be:
1) Our expert advisory team
2) Collaboration with folks from Zero2AI and Appstorm
3) Technical acumen
4) Reliability
5) Successfully completed project in DF3: SingularityNet Marketplace ChatGPT plugin
6) Innovation: Synthetic data generation (only time series data for now). Extensible Algorithm blind testing. Easy to use UI

View Team

Company Name (if applicable)

Arbiteria

The core problem we are aiming to solve

Current State: (The Barrier)

With so many new protocols, tokens, and Apps emerging every day it’s very difficult for anyone to do basic simple Web3 transactions. We need to log on to multiple individual platforms to do the transactions. This complexity of  most basic crypto agents is a pain point for non-technical and technical users in the decentralized AI space. 

In the current senario it is a long complex time taking process to do basic crypto transactions

  1. Sending Tokens

  2. Swap Tokens

  3. Research Tokens

  4. Convertion of Tokens to Fiat/ stable currency

 

 

Our specific solution to this problem

Proposed State: (Our Solution)

We will create an AI agent, where we will simply tell an AI agent what you want to achieve on-chain, and it would automatically compose and execute the necessary transactions for you. Such as

  1. Send Tokens: performs token transfers and wallet balance queries using the ERC20 standard.

  2. Swap Tokens: specializes in swapping tokens 

  3. Research Tokens: fetch tokens by name or category, and relevant information about price, liquidity, market cap, fully diluted value, and more

Crypto SpeakEasy for SNET can translate high-level user goals into a series of blockchain transactions. This means as a user you no longer need to be an expert in every protocol or spend hours learning how to manually compose different types of transactions. Simply tell Crypto SpeakEasy  what you want to achieve, and it will handle the rest.

As a user, making your day to day Crypto transactions as easy as just writing a prompt of what to do.

Example prompts include:

  • Send 750 AGIX from Nami wallet to Metamask wallet using Singularity Bridge and then convert them to USDC

  • Split 0.1 WBTC to ETH and USDC

  • Buy 1 ETH of the highest mcap meme coin on ethereum mainnet, then airdrop it in equal parts to: vitalik.eth, abc.eth, and xyz.eth

  • Identify the top AI coins by trading volume on Ethereum mainnet. Buy 1 ETH of the top 2. 

 

Project details

Crypto SpeakEasy for SNET

AI Summary

At present, Web3 is evolving at a phenomenal pace with new protocols, tokens, and Apps emerging every day. Navigating this complexity can be daunting for even the most experienced users.

 Imagine a future with Crypto SpeakEasy  where you could simply tell an AI agent what you want to achieve on-chain, and it would automatically compose and execute the necessary transactions for you. 

Our aim is to simplify the basic 3 transactions as for now

  1. Send Tokens: performs token transfers and wallet balance queries using the ERC20 standard.

  2. Swap Tokens: specializes in swapping tokens 

  3. Research Tokens: fetch tokens by name or category, and relevant information about price, liquidity, market cap, fully diluted value, and more.

 

Proposal

Company Name:  Arbiteria

Pool: Miscellaneous Projects

Total Funding: USD 35,000

Execution time: 6 months

 

About Us: (Arbiteria)

Arbiteria’s vision is to create a collaborative, continuously learning community of gig contributors to the AI ecosystem.

Our AI mentors/ team ( https://www.arbiteria.com/our-mentors)

We work closely with US clients/partners and have folks from these organizations as advisors and senior mentors. We are creating tools to enable our trainees to learn and use new technologies. 

Our project got selected in Deep Funding Round 3, code -DFR3-TLG3 - SingularityNet Marketplace ChatGPT plugin.  Successfully delivered 3 out of 4 milestones within the given timelines.

We also are pleased to have Robin Lehmann from DataUnion as an advisor.

Link to a session by Robin Lehmann: https://youtu.be/1vSRtYqVqOw




 

Current State: (The Barrier)

With so many new protocols, tokens, and Apps emerging every day it’s very difficult for anyone to do basic simple Web3 transactions. We need to log on to multiple individual platforms to do the transactions.

 

Proposed State: (Our Solution)

We will create an AI agent, where you could simply tell an AI agent what you want to achieve on-chain, and it would automatically compose and execute the necessary transactions for you. Such as

  1. Send Tokens: performs token transfers and wallet balance queries using the ERC20 standard.

  2. Swap Tokens: specializes in swapping tokens 

  3. Research Tokens: fetch tokens by name or category, and relevant information about price, liquidity, market cap, fully diluted value, and more

Crypto SpeakEasy for SNET can translate high-level user goals into a series of blockchain transactions. This means as a user you no longer need to be an expert in every protocol or spend hours learning how to manually compose different types of transactions. Simply tell Crypto SpeakEasy  what you want to achieve, and it will handle the rest.

As a user, making your day to day Crypto transactions as easy as just writing a prompt of what to do.

Example prompts include:

  • Send 750 AGIX from Nami wallet to Metamask wallet using Singularity Bridge and then convert them to USDC

  • Split 0.1 WBTC to ETH and USDC

  • Buy 1 ETH of the highest mcap meme coin on ethereum mainnet, then airdrop it in equal parts to: vitalik.eth, abc.eth, and xyz.eth

  • Identify the top AI coins by trading volume on Ethereum mainnet. Buy 1 ETH of the top 2. 



Project description:

When a user provides a prompt,Crypto SpeakEasy for SNET goes through the following steps.

 

Prompt Validation: Given the user’s prompt, Crypto SpeakEasy determines whether or not it has the necessary tools and information to achieve it. If more information is needed, it will ask the user.

Agent Orchestration: Crypto SpeakEasy employs a multi-agent orchestration architecture to easily compose functionality.Crypto SpeakEasydoes this through creating a shared context amongst all agents in the form of an Autogen Group Chat. Individual agents will contribute their unique expert opinions to the shared conversation.

Tool Selection: Agent tools will be selected and run to progressively solve for the goal(s) defined within the user's original prompt.

Transaction Batching: Agent tools can add transactions to a batch, which will later be proposed to the user.

User Approval: The user can approve, deny, or provide feedback on the batch of transactions Crypto SpeakEasyhas prepared. Once approved, they’ll be sent to the user’s Safe smart account for on-chain execution.

By orchestrating specialized agents with this scalable architecture,Crypto SpeakEasy can increase its support for a wide variety of on-chain interactions over time. As the number of agents grows, so too will the capabilities of Crypto SpeakEasy.

Project Outcome:

  • Making Web3 transactions hassle free and easy for SingularityNet community members and teach the users How to use it. 

  • Help increase awareness among the non-technical and technical users in the decentralized AI space

  • Serve as a discreet service asset by boosting views, generating interest, and thereby increasing user traffic to SNET platform.

  • Increase user transactions (buyers/sellers) in Web3.

 

Risk and Mitigation:

Risk

  1. User prompt validation since the way the prompt is written will be unique for individual users

Mitigation

  1. Crypto SpeakEasy determines whether or not it has the necessary tools and information to achieve the action. If more information is needed, it will ask the user.

 

Milestones:

Milestone 1 – Design and Architecture 

In the first phase, we’ll be building the basic design and architecture for the AI Agent.

Duration: 6 Weeks

Cost: USD 6,000 

 

Milestone 2 – Building the prototype 

In the second phase, we’ll be building the prototype of Crypto SpeakEasy

Duration: 6 Weeks

Cost: USD 8,000 

 

Milestone 3 – Basic crypto agent 

In the third phase, we’ll create the  Basic crypto agent 

Duration: 4 Weeks

Cost: USD 8,000  




Milestone 4 – Tuning for SNET, Cardano, Bridge 

In the third phase, we’ll work on integration of NET, Cardano, Bridge

Duration: 4 Weeks

Cost: USD 8,000  

 

Milestone 5 – Beta release with website, and documentation

In the final phase, we’ll run the AI Agent Beta, do the final packaging for delivery/deployment, and also provide public Beta along with documentation.

Duration: 4 Weeks

Cost: USD 5,000 

Links and references

https://www.arbiteria.com/

About Us: (Arbiteria)

Arbiteria’s vision is to create a collaborative, continuously learning community of gig contributors to the AI ecosystem.

Our AI mentors/ team ( https://www.arbiteria.com/our-mentors)

Our project got selected in Deep Funding Round 3, code -DFR3-TLG3 - SingularityNet Marketplace ChatGPT plugin.  Successfully delivered 3 out of 4 milestones within the given timelines.

We also are pleased to have Robin Lehmann from DataUnion as an advisor.

Additional videos

NA

Proposal Video

Placeholder for Spotlight Day Pitch-presentations. Video's will be added by the DF team when available.

  • Total Milestones

    5

  • Total Budget

    $35,000 USD

  • Last Updated

    20 May 2024

Milestone 1 - Milestone 1 – Design and Architecture

Description

Creating the basic design and architecture for the AI Agent.

Deliverables

In the first phase, we’ll be building the basic design and architecture for the AI Agent.

Budget

$6,000 USD

Milestone 2 - Milestone 2 – Building the prototype

Description

Building the Crypto SpeakEasy prototyping with Appstorm CLI

Deliverables

In the second phase, we’ll be building the prototype of Crypto SpeakEasy using Appstorm CLI

Budget

$8,000 USD

Milestone 3 - Milestone 3 – Basic crypto agent

Description

In the third phase, we’ll create the Basic crypto agent

Deliverables

The basic crypto agent with the basic functionality

Budget

$8,000 USD

Milestone 4 - Milestone 4 – Tuning for SNET, Cardano, Bridge

Description

In the third phase, we’ll work on integration of NET, Cardano, Bridge

Deliverables

Integration of NET, Cardano, Bridge

Budget

$8,000 USD

Milestone 5 - Beta release with website, and documentation

Description

In the final phase, we’ll use upcoming Appstorm Publish as a SNET service, do the final packaging for delivery/deployment, and also provide public Beta along with documentation.

Deliverables

Beta launch of Crypto SpeakEasy using upcoming Appstorm Publish as a SNET service

Budget

$5,000 USD

Join the Discussion (2)

Sort by

2 Comments
  • 0
    commentator-avatar
    CLEMENT
    Jun 1, 2024 | 11:47 AM

    Great initiative but raises concerns about security and privacy when delegating transactional authorization to an AI agents. I am certain that the potential users of this innovation may have reservations about entrusting sensitive information and financial assets to automated systems, particularly if the AI agent's actions are not fully transparent or subject to human oversight. The proposing team should find a way around this.  Kudos to the team !

    • 0
      commentator-avatar
      Sudipto De
      Jun 13, 2024 | 4:13 AM

      The platform never reveals actual data, only synthetic data. Post synthetic data generation there are checks for PII leakage, etc. Plus all actions are fully audited to give platform users a measure of confidence. Finally Confidential Computing and Secure Enclaves are used for most executions and these hardware attestations are available as part of the audit trails. The AI agent will always ask for confirmation. He is an assistant the user is still the boss. And the agent will produce audit/ traceability for independent third party verification.

Reviews & Rating

Sort by

5 ratings
  • 0
    user-icon
    Gombilla
    Jun 10, 2024 | 10:31 AM

    Overall

    4

    • Feasibility 4
    • Viability 4
    • Desirabilty 4
    • Usefulness 4
    very much needed in the crypto and web3 space.

    I am pleased by the multiple functionalities this project can potentially offer. It offers functionality for key blockchain interactions: token transfers, token swaps, and token research, covering essential needs for most users. This very much needed in the crypto and web3 space.

    I am only worried that automating transactions could expose users to security risks if the AI agent is compromised or if there are vulnerabilities in the smart contracts it interacts with. Good luck !

  • 0
    user-icon
    CLEMENT
    Jun 1, 2024 | 11:46 AM

    Overall

    4

    • Feasibility 3
    • Viability 4
    • Desirabilty 5
    • Usefulness 5
    User-friendly interaction with blockchain tech

    Fo me, this is a great initiative because it has the potential to significantly impact crypto transactions. From a broader standpoint, this introduces a user-friendly approach to interacting with blockchain technology, simplifying complex processes and making them more accessible to a wider audience.

    However, I am particularly concerned about security and privacy when delegating transactional authorization to an AI agents. I am certain that the potential users of this innovation may have reservations about entrusting sensitive information and financial assets to automated systems, particularly if the AI agent's actions are not fully transparent or subject to human oversight. The proposing team should find a way around this. 

    Kudos to the team !

  • 0
    user-icon
    Joseph Gastoni
    May 22, 2024 | 8:13 AM

    Overall

    4

    • Feasibility 4
    • Viability 3
    • Desirabilty 3
    • Usefulness 4
    an AI agent designed to simplify Web3 transactions

    This proposal outlines Crypto SpeakEasy, an AI agent designed to simplify Web3 transactions by translating user prompts into blockchain actions. Here's a breakdown of its strengths and weaknesses:

    Feasibility:

    • Moderate-High: The core concept of using natural language processing for blockchain interaction is feasible, but requires robust AI development and integration with various protocols.
      • Strengths: Leverages existing NLP technology and addresses a growing need for user-friendly Web3 interaction.
      • Weaknesses: Ensuring accurate understanding of user prompts, supporting a wide range of transactions and protocols, and handling security risks are challenges.

    Viability:

    • Moderate: Success depends on user adoption, integration with major wallets and platforms, and a clear revenue model.
      • Strengths: The proposal offers a potentially valuable tool for simplifying Web3 transactions.
      • Weaknesses: The proposal lacks details on the long-term funding model and competitive landscape.

    Desirability:

    • High: For non-technical and even technical users frustrated with complex Web3 interactions, this could be highly desirable.
      • Strengths: The proposal offers a user-friendly way to interact with Web3, potentially attracting new users.
      • Weaknesses: The proposal needs to address concerns about security and user trust in letting an AI handle financial transactions.

    Usefulness:

    • Moderate-High: The tool has the potential to significantly improve the user experience of Web3 interactions, but its actual impact depends on functionality and adoption.
      • Strengths: The proposal offers a way to automate basic and complex transactions through natural language commands.
      • Weaknesses: The proposal lacks details on how the tool will measure its effectiveness in reducing user errors and improving transaction efficiency.

    Overall, Crypto SpeakEasy has an interesting concept, but focus on:

    • Natural language processing (NLP) development: Ensuring Crypto SpeakEasy can accurately understand a wide range of user prompts and translate them into secure transactions.
    • Security and user trust: Addressing security concerns and building trust by offering transparent explanations of AI actions and user control over transactions.
    • Integration and partnerships: Integrating with major wallets, protocols, and potentially SingularityNET's marketplace for wider adoption.
    • Revenue model and sustainability: Developing a clear plan for long-term funding and sustainability beyond the initial development phase.

    By addressing these considerations, Crypto SpeakEasy can become a valuable tool for simplifying Web3 interactions and attracting new users to the decentralized AI space.

    Here are some strengths of this project:

    • Addresses a growing user pain point by simplifying complex Web3 transactions through natural language interaction.
    • Leverages NLP technology to create a user-friendly interface for interacting with blockchain platforms.
    • Proposes a modular architecture for future expansion of functionalities through additional agents.

  • 0
    user-icon
    Donald Nguyen
    May 22, 2024 | 2:25 AM

    Overall

    3

    • Feasibility 3
    • Viability 5
    • Desirabilty 1
    • Usefulness 4
    Practical project for on chain transactions

    Feasibility

    The idea from the team sounds really promising as it makes the cryptocurrency transactions being executed easier for some special events. However, there is no such this type of project before which I am not really believe that this idea would be imposibly implemented. However, some of the functionalities in this proposal is still feasible like the prompt to research tokens/ coins or some transaction queries. however, the prompts to execute transactions are still in doubt.

    2. Viability

    The team members are seasoned builders who have worked in Ocean Protocol as well as SingularityNet. They also have years of experience in Machine Learning and Data Science which could facilitate the success of the proposal. 

    3. Desirability

    To be honest, there are many excellent projects which have already helped the users/ investors to query transactions or research using AI, such as Arkham or LookOnChain. Therefore, it is really competitive for the team if they want to compete with other giants in this field with not much budget. Moreover, I believe that the users would rather execute the transactions manually in order to be safer than execute it by an AI prompt which is really risky.

    4. Usefulness

    All in all, I would agree that this proposal could potentially help SingularityNet to grow the AI industry, especially AI on blockchain by apply AI to transactions queries and researchs. In addition, this proposal could also empower the non techical users to use the AI technology in their investments or trading with could also expand the adoption of AI on blockchain. 

  • 0
    user-icon
    Devbasrahtop
    May 20, 2024 | 9:33 AM

    Overall

    4

    • Feasibility 4
    • Viability 4
    • Desirabilty 5
    • Usefulness 4
    Crypto Knowledge made easy for Newbies.

    Feasibility 

    The project is ambitious but feasible, which necessitates its acquisition of a 4-star rating overall. The proposed solution, Crypto SpeakEasy, aims to simplify Web3 transactions using an AI agent that interprets user prompts and executes necessary blockchain transactions. The milestones are clearly defined and logically sequenced, with a budget that seems reasonable for the scope of work. Yet, the success of the project depends on the effective integration of multiple blockchain protocols and the development of a robust natural language processing (NLP) system.

    Viability

    Arbiteria has demonstrated experience and expertise in AI and blockchain technologies, as evidenced by their previous successful projects. The team includes advisors and mentors with relevant backgrounds, which enhances the project's viability. The proposed budget of USD 35,000 is reasonable and appropriately distributed across the project's phases. The six-month timeline is ambitious but achievable, provided the team maintains focus and manages potential risks effectively.

    Desirability

    The project tackles one of the main problems with the Web3 ecosystem, which is the difficulty of carrying out simple crypto transactions. Crypto SpeakEasy can significantly improve accessibility and user experience by streamlining these procedures, especially for non-technical users. This may encourage more people to employ decentralized technologies and boost SingularityNET platform user engagement. Simplifying cryptocurrency transactions is a highly sought-after feature in the quickly developing Web3 arena.

    Usefulness

    The project offers substantial utility by simplifying Web3 transactions, making them accessible to a broader audience. By automating the execution of complex transactions, Crypto SpeakEasy can save users time and reduce errors. The platform’s ability to handle token transfers, swaps, and research functions efficiently will be valuable for both novice and experienced users. However, the project's long-term usefulness will depend on its ability to scale and integrate additional functionalities over time.

Summary

Overall Community

3.8

from 5 reviews
  • 5
    0
  • 4
    4
  • 3
    1
  • 2
    0
  • 1
    0

Feasibility

3.6

from 5 reviews

Viability

4

from 5 reviews

Desirabilty

3.6

from 5 reviews

Usefulness

4.2

from 5 reviews