The explosion of blockchains and thousands of DeFi protocols has made finding investment opportunities complex and overwhelming with information. TrueNorth emerged as an AI-powered search tool, helping users research and find investment opportunities more easily. Let's explore this project with Coin68 in the article below.
What is TrueNorth? Learn about this AI-powered cryptocurrency discovery tool.
What is TrueNorth?
TrueNorth is the first on-chain data search and analysis tool powered by AI, aiming to pioneer the agent economy. The project acts as a discovery layer, allowing users to search for investment opportunities, analyze projects, or track market trends using natural language commands instead of manually filtering data through complex dashboards.
What is TrueNorth?
The project aims to address the severe data Shard problem in the crypto market, where information is scattered across dozens of blockchains, social networks, and individual analytics tools. TrueNorth aggregates these data sources, using AI to analyze user intent and return relevant results.
Key features of TrueNorth
TrueNorth focuses on simplifying the investment research process through the following core features:
AI-Powered Discovery Engine
This feature simplifies the process of researching and understanding projects for users. Instead of manually searching for project metrics on blockchain explorers or statistics sites like defillama, Nansen, etc., users can command TrueNorth's AI using natural language. The system will automatically scan, compile, and return a list of relevant projects.
Agentic Orchestration
TrueNorth goes beyond passive searching. The system utilizes a network of autonomous AI agents to perform complex tasks such as:
- Monitoring : Tracking the fluctuations of a specific portfolio or a whale wallet.
- Alert : Automatically notify you when a project meets your investment criteria.
- Multi-source analysis : Combining on-chain data (transactions, cash flow) with off-chain data (social media sentiment, news) to provide a comprehensive view.
Optimized for each individual
TrueNorth's AI learns from users' search history and portfolios to provide recommendations tailored to their risk appetite. A user who primarily trades memecoins will receive completely different recommendations than a user who only invests in blue-chip Token.
How TrueNorth works
TrueNorth operates based on a combination of large-scale language modeling (LLM) and real-time on-chain data indexing technology:
- Data collection : TrueNorth continuously collects data from various blockchains, DEXs, and social media data sources.
- Handling user intent : When a user types a question, the LLM analyzes it to understand the true intent behind that question.
- Task execution: Specialized AI agents will be activated to search for specific data corresponding to that intent.
- Summary of results : Results from the agents are aggregated, noise is removed, and the information is presented in an easily understandable format for the user.
Development roadmap
Currently, TrueNorth is in its early stages of development and has not yet released a detailed roadmap. Coin68 will update the detailed roadmap once the project makes an official announcement.
Development team
Alex Lee (left) and Willy Chuang (right)
The TrueNorth development team includes the following members:
- Willy Chuang (Co-Founder) : Formerly COO at WOO Network and has experience at major financial institutions.
- Alex Lee (Co-Founder) : Holds a PhD in AI and previously worked at Temasek, Singapore's state-owned investment fund.
Investors
TrueNorth investors
TrueNorth raised $3 million in its pre-seed round with participation from GSR, cyberFund, Delphi Labs, and others.
Tokenomics
Currently, TrueNorth has not Token Issuance and has not announced details about its tokenomics. Coin68 will update the roadmap details when the project makes an official announcement.
Summary
Above is all the information about the TrueNorth project. Coin68 hopes that readers have grasped the basic information to better understand the project and how it works. We wish you more useful knowledge!
Note: The information in this article is for informational purposes only and is a compilation of publicly available information about the project; it is not investment advice. Coin68 is not responsible for any financial decisions you make.
