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TrendX, the AI-powered Web3 trend tracking platform

Official Project Introduction  

TrendX is an AI-powered one-stop platform dedicated to Web3 trend tracking and intelligent trading, utilizing large language models and AI technology to identify market trends. It integrates intelligent trading seamlessly and strives to establish itself as the leading AI trading platform for 1 billion users. TrendX enables users to explore Web3, assess projects, discover trending topics, view market movements, and engage in primary and secondary trading, all with the goal of simplifying their entry into the Web3 space. 

Upgraded from veDAO, TrendX represents a strategic development towards becoming an AI-driven, one-stop platform for Web3 trend tracking and intelligent trading. TrendX will harness big data to analyze market trends and incorporate AI-powered trading, thereby enabling Web2 and Web3 users to thoroughly comprehend market dynamics, make informed investment choices, and enhance the intelligence and efficiency of their trading activities. 

Market Heat

The platform has connected with more than thousands of Web3 industry-specific Twitter KOLs and formed an Expert Committee with 183 professional institutions. The platform's project library exceeds 11,000. TrendX hosts weekly Space events and regularly publishes industry hot topic summaries and project research reports on Twitter. Simultaneously, TrendX consistently produces two to three in-depth research reports weekly, receiving considerable attention across various social media platforms. 

Industry Sector Analysis 

  • AI Trading 

With the rapid development of AI in recent years, AI trading has gained widespread attention in traditional financial markets and is gradually being integrated into daily trading to help traders quickly and accurately obtain trading information. The application of AI trading in cryptocurrency is still an emerging market. By examining the role of AI in traditional stock trading, we can analyze the potential functions it could provide in the cryptocurrency sector. AI trading refers to the use of artificial intelligence, predictive analytics, and machine learning to analyze historical market and stock data, get investment ideas, and automatically buy and sell stocks. AI trading companies use various tools in the AI wheelhouse, like machine learning, sentiment analysis, and algorithmic predictions, to interpret the financial market, use data to calculate price changes, identify reasons behind price fluctuations, carry out sales and trades, and monitor the ever-changing market. There are several types of AI trading: quantitative trading, algorithmic trading, high-frequency trading, and automated trading. Quantitative trading, also called quant trading, uses quantitative modeling to analyze the price and volume of stocks and trades, identifying the best investment opportunities.  Algorithmic trading, also known as algo-trading, is when stock investors use a series of preset rules based on historical data to make trading decisions. (High-frequency trading is a type of algo-trading that is defined by large quantities of stocks and shares being bought and sold rapidly.) When a trading system is built using the technical analysis of quantitative trading combined with automated algorithms built on historical data, you get AI trading, sometimes known as automated trading. 

  • AI Trading Benefits 

AI trading provides hedge funds, investment firms, and stock investors with serval benefits: 

  1. Reduce Research Time and Improve Accuracy: AI trading automates research and data-driven decision-making, which allows investors to spend less time researching and more time overseeing actual trades and advising their clients. One survey found that traders who used algorithmic trading increased productivity by 10 percent. And because AI trading uses historical financial data to inform decisions, there is less risk for human error and more room for accuracy.
  2. Predicting Patterns When Humans May Not: Using sentiment analysis, which is the process of gathering text and linguistics and using natural language processing to identify patterns within subjective material, an AI trading system can gather information from news outlets and social media to determine market swings. 
  3. Lowering Cost: Traditional investment firms might have hundreds of brokers, analysts and advisors working under them, but AI trading technology can replicate some of the repetitive tasks people have to do. There may be costs to implement and maintain AI, but over time firms and investors can spend less money on overhead expenses. Plus, AI algorithms can work continuously and monitor the stock market 24 hours a day.  

Technology and Intellectual Property 

  • Trend-Tracking Trading

Typically, social trading is an emerging market in the sharing economy, allowing inexperienced investors (followers) to follow the trades of experts (leaders) automatically in real-time. However, TrendX social factor trading is not like social trading; it includes lots of socially trending factors such as Twitter graph, whales/meme smart money tracking, price trends, real-time popularity ranking, and experts/public rating.

TrendX built a comprehensive database that includes the majority of the crypto projects and influenced individuals and institutions, smart money addresses with real-time monitoring.

1.Twitter Graph 

Based on TrendX’s dataset and the monitoring system it has built, the platform is able to rank and score each project for its social awareness and followers’ influence. 

2.Smart Money

Compared to the common smart money tracking products, TrendX offers to analyze money flow and produce a simple social score for users to grasp the market attention of the moment easily. 

  • AI Implantations
  1. TrendX Trading Robot: Like a professional broker, the trading AI allows clients to use natural language as trading instructions, monitor clients' portfolios 24/7, and provide trading recommendations based on the market’s signal. It will also help find the best price across DEXs and CEXs, launchpad recommendations, and trading history recap.
  2. TrendX Chat Bot: Help clients find trending projects easily and understand technological development.  

Comparable Project Comparison

There are a few projects that have already made their name in both AI trading and trend-tracking trading.

Most of them focus on the analysis of on-chain activities and are considerably financially infeasible for retail investors. This pricing position is on account of the cost of building and maintaining their large dataset.

Nansen bought DeFi portfolio tracker Ape Board for an "eight-figure" sum in May 2022. And Messari announced the acquisition of Dove Metrics in August 2022. Dove Metrics is a leading provider of fundraising data and intelligence for the crypto fundraising landscape.

TrendX's self-built database and monitoring system are similar to Kaito AI. They both closely monitor token tickers whenever they are mentioned on social media and provide information about who was talking about those tokens. With additional on-chain activities trace attached to the token on the platform, the client may have a better estimation of how the token price is likely to change.

However, the AI implantations are what sets TrendX apart; TrendX’s AI Chat Research Assistant allows clients to utilize natural language processing technology to input their queries simply, and the AI Research Assistant will present the best results.

Roadmap

Tokenomics 

  • Allocation & Vesting Schedule
  1. $TrendX token has a maximum supply of 1 billion;
  2. $TrendX is both the governance token and the utility token for the subscription business model in TrendX;
  3. Seed Round(8%): TGE 5%, released every three months, with a 15% release each time；
  4.   Private Sale(8%): TGE 10%, released every three months, with a 15% release each time；
  5. Public sale(4%): TGE 15%, released every three months, with a 15% release each time；
  6. Contributor Incentives(4%): TGE 15%, released every three months, with a 10% release each time. Reward contributors in batches according to demand；
  7. Staking Rewards(60%): Release begins in the 2nd month; 1% of the total tokens will be released every month, lasting for 1 year, and then decayed to 0.95 of the previous year, and will be released in about 10 years；
  8. Liquidity(4%): Provide liquidity for the trading market；
  9. Team(8%): The release will commence one year after the exchange listing, with a monthly release of 5%；
  10. Partnerships(4%): The release will begin 3 months after the exchange listing, with an initial release of 12%, followed by subsequent releases of 8% every 3 months. 
  • Utilities 

TrendX's business model is based on the database they have built and the valuable insight generated from that data. And when different categories of clients are purchasing the token, their benefits can vary.

  1. For Individual Clients: use for trading commission; data subscription fee;
  2. For Enterprise Clients: voting in TrendX’s DAO governance process use for API service fee; 
  3. For Crypto Project Teams: use to get listed on TrendX IDO/INO for fundraising; get more market attention and project comments/feedback.  

Partnership

  • Expert Community

Currently, TrendX has formed an Expert Committee in collaboration with over 180 professional institutions and industry leaders. The committee includes analysts, media, investment research institutions, exchanges, KOLs, audit firms, DAO organizations, and more, covering a wide range of fields. It comprises well-known industry teams such as Bixin, Beosin, New Huo Tech, LK Venture, Nova Global, Kucoin, JRR, MarsBit, ChainCatcher, and others. It allows over 180 industry institutions to provide specialized scoring and commentary on projects, granting TrendX a comprehensive industry perspective to observe project capabilities. The insights and conclusions from diverse perspectives and teams across different sectors closely reflect the actual development status of any given project. Moreover, the expert committee's reviews also aid clients in understanding the industry and enhancing their investment decisions. 

Coresky is an Asset-packaged NFT launchpad and trading platform. The Coresky Launchpad converts primary market currency rights into Asset-packaged NFTs. Coresky leverages Launchpad's economic utility to drive user transactions while also addressing both primary and secondary market liquidity for crypto rights and the NFT trading market. 

Learn More About Coresky:

Website:https://www.coresky.com/

Twitter:https://twitter.com/Coreskyofficial

TG Official:https://t.me/Coreskyofficial

TG Channel:https://t.me/CoreskyLaunchpadChannel

Discord:https://discord.gg/coresky

Medium:https://medium.com/@CoreskyLaunchpad

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