** 📄 Description**
Launched in early-2023, Web3Summary has grown to become a go-to platform for simplifying the intricate ecosystem of Web3. Its core objective: making Web3 accessible to the masses by leveraging the potential of AI.
🚀 THE CHALLENGE
The rapidly evolving world of Web3 is swathed in intricate jargons and concepts. New users, traders, and developers often find themselves lost, trying to grasp the essence of DeFi protocols, DAOs, and smart contracts.
☑ TARGETED AUDIENCE and INDUSTRIES
- Primary Target: Developers, crypto traders, and web3 enthusiasts.
- Secondary Audience: Digital artists, NFT creators, and DeFi investors.
- Industries Targeted: Cryptocurrencies, DeFi platforms, NFT marketplaces, and dApp developers.
2. USE CASES:
- Quickly ask questions about smart contract details while on a DeFi platform.
- Get AI-driven insights on NFT valuations while browsing marketplaces.
- Automate repetitive AI prompts for trading analytics.
Experimental USE CASES:
- Suggest AI-driven trading strategies on-the-fly.
- Detect anomalies or potential rug-pulls in contracts using AI analysis.
- Offer contextual news summary related to the web3 page a user is on.
🌎 HOW WE PROPOSE TO SOLVE IT
** 🧠 AI-Powered Assistance**: Our platform hosts specialized AI characters to answer queries on DeFi protocols, DAOs, and much more. This makes on-chain research simple and ensures insights across multiple chains.
**📱 Social Media **: Dive into the world of Web3 Social without feeling overwhelmed. Our AI assists users in socializing, breaking down complicated threads into easily digestible information, nothing is too complex using AI.
** 🛠️ Financial and Technical Support **: We help web3 developers learn and spot issues, individuals and people working as asset researchers and analyst use AI day to day with youtube, documentions, and social channels. Built for all the professionals in crypto and individuals entering in crypto trying to find an easy to use Web3 Translator using AI.
** 🔥 Spot Rug Pulls and Hacks Easily**: Using one of our characters spot rug pulls or anomalies in the contracts.
🔨 WHAT WE HAVE BUILT UP TO NOW
Achieved a milestone of 900+ members on the Web3Summary App and they love it as we are one of a kind who specializes in web3 datasets and knows how the industry works and where AI would really solve issues . - Reached 12,000 readers across various platforms with a 35-40% open rate. - Supported chains include Ethereum, Polygon, Binance Smart Chain, and more.
🌱 WHAT WE WANT TO BUILD
Integrate GitHub repositories and documentation. - Further AI capabilities for datasets, APIs, and dashboards. - Launch more AI characters for diverse roles in the financial sector.
👥 TEAM
Vaibhav Kalra and Manav Kalra, have been making web3 summary AI possible and relentless advocate for making Web3 accessible. We are AI specialists, and blockchain experts ensures forefront innovation. Have built StockUpCrypto.com and CryptoScale, DAO Trilemma , Payables DAO Management, BearVocal.com
Additional Information
Total prior funding: $ 0
Total team size: 2
Age of the project: 6 months
Eligibility Criteria & Updates
Web3Summary is 6 months old. - Focused on improving the Web3 ecosystem through education, onboarding, and AI-driven content. Trying to fix web3 at structural level using making it easy for everyone to be aware they way they like grasp it - Milestones: 900+ members, several AI updates, and a readership of 12,000.
Web3 Summary History
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applied to the Web3 Social 1 year ago which was rejected