Hey guys, I am sharing with you today my new favorite project in the blockchain space, the Enhanced Language Oriented Neural Network, ELONN_AI.
The digital asset and cryptocurrency landscape is one of the biggest wealth generation opportunity of our lifetime. But it is a maze of complexities. Investors grapple with understanding deep technology startups, dynamics of asset issuance and ever-changing market sentiments fueled by global events and social media. ELONN_AI hereby, aims at simplifying complexities that are prevalent and hinders traders experience in their journey towards investing in digital assets. Elonn_AI also, aims to correct this process as well as optimize these investment decisions as your reliable intelligent partner, for a smarter, safer, and seamless user experience, through the application of Interactive execution layer and deep-drive AI analytics. It is a reimagined interface between user and the world of digital assets.
Before getting into more of what Elonn_Ai is all about, it is first of all important to understand why such technology is needed in advancing a trader's investment experience in the digital world.
WHY AI?
“In terms of things that are most likely to
affect the future of humanity, I think AI is
probably the single biggest item in the near
term”
— Elon Musk.
Since the emergence of digital assets and blockchain technology in 2009, there came massive public interest into digital technology, which signaled a fundamental change in the world of finance, and has as greatly evolved beyond the understanding of the many. It all started with Bitcoin, but, as of today, there are thousands of cryptocurrencies available for investment, each with its own value proposition, utility, and potential for growth.
The advent of computing brought on explosive growth, both in financial markets and in technological innovation. The pinnacle of this technological evolution is the emergence and application of artificial intelligence (AI), which has found applications across various industries, including healthcare, logistics, e-commerce, and, increasingly, finance.
The crypto market, characterized by its volatility and complexity, generates vast amounts of data. This includes real-time price data, historical trends, market sentiment data, on-chain data, and more. Traditional data analysis tools often struggle to handle this volume and diversity of data, leaving investors overloaded and unable to make effective decisions about their assets. Here’s what AI can do to help with these problems:
1. Machine learning algorithms are proven to be better than humans in identifying patterns in data.
2 Deep learning models can predict future price trends based on historical data, a vital tool for
investing.
3 Natural language processing can help gauge market sentiment by analyzing news articles and social media posts.
4 Bring all this together to create in-depth, data-driven insights for investors.
HOW IS ELONN_AI A SOLUTION?
ELONN.AI is an AI-powered meta-layer which supports investment decisions and takes over the transaction
execution. Users have the flexibility to connect a variety of non-custodial wallets, blockchain addresses and exchange accounts. By integrating two transformative components to revolutionize the user experience and investment decision-making:
1 The interactive execution layer: Build on advanced Natural Language Processing (NLP) and Large Language Models (LLM), offers an intuitive, conversational interface. It understands the subtleties of human language, converting user queries into actionable transaction instructions.
2 Deep-Dive AI Analytics: Utilizing state-of-the-art machine learning algorithms, it analyses a wide array of data sources, including on- and off-chain data, research reports, social media, and news. It delivers transaction recommendations, finely tuned to meet individual investor needs.
For more information on ELONN_AI, please checkout the links below;
Official website: ELONN.AI
Concept Paper: https://smartvalor.typeform.com/concept-paper
Discord: https://t.co/14l9N6vg2m
Twitter: https://x.com/ELONN_ai?s=20