🥳 Bitrue #AMA | Exploring AI Token Trends | Join & Share 100 $USDT!

Recorded: Feb. 22, 2024 Duration: 0:35:28

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I'll see you in the next video.
Hey everyone, welcome to another edition of Future Community Talks.
I am Olivia and I will be your host for today's AMA.
Before we start, I'd like to remind our listeners that there's an airdrop for this
Don't forget to check out the details in our announcements on how to join.
The topic for today is Exploring AI Token Trends.
Recently, AI tokens are shaking up the scene with futuristic features like predictive trading
and data marketplaces.
Billions in investment and major players entering the space hints at a potential AI-powered
future for crypto.
This week, AI tokens have definitely become one of the hottest sectors in crypto.
According to Cointelegraph, AI tokens have record double-digit gains as market cap doubles
within a month.
Today, we are joined by Arias Yunga from Betru Research Team to share his thoughts on this
occasion and the topic surrounding it.
Hey Arias, how are you doing?
Hi guys, hi, hi, what's good?
Thank you for joining us today.
So before we begin, could you please introduce yourself and what you do at Betru to our audience?
All right, hi guys, so I am Arias, I'm a crypto research for Betru Team.
So basically, my day-to-day delivery for Betru is researching any tokens, new tokens
related to any categories, especially AI to be listed or not on the exchange, that kind
of stuff, yeah.
Thank you, thank you for the introduction.
So let's go straight to the point.
Our first question of the day goes like this.
We have mentioned in the introduction the hype on AI tokens recently.
So what do you think are the current trends in AI integration within the crypto industry?
All right, the current trends.
So I think the primarily that AI being used in the crypto markets right now is on the
predictive analytics in trading.
So maybe some of you right now using trading bots or anything, that's AI.
So right now we can like forecasting markets with AI with more accuracy, like any big data
with AI right now, yeah, can help us to predict the markets more accurately.
And then for the developers right now, AI also being utilized in the development of
smart contracts to automate, to optimize the contract, the code.
So yeah, I think that's the current trends in AI.
Also in the NFTs device as well, we can see many collections using AI generative to create
a PFP or arts, or maybe to just use your current NFT and then just to reform it into many things
Thank you for setting lights on the current trends.
And we will get into details of the verticals that you have mentioned before.
And I think it's really fascinating.
Yeah, I think it's really fascinating to see all these rapid expansions of AI across many
verticals.
And I think we can already foresee the transformative potential of AI in shaping the future of crypto.
And trading and other things.
And having in mind these trends, what do you think are the biggest challenges and opportunities
for AI in crypto right now?
I think for the biggest challenge right now is regulatory.
So there are so many incentives right now.
In many jurisdictions, probably AI is still not regulated right now.
And the technical complexities as well related to scalability and interoperability.
So yeah, I think that's the biggest challenge right now.
And also Elon Musk once said that AI can be something that are threatening for the future
attack, including crypto.
But let's see from that challenge.
And then for the opportunities, I think there are so many potentials for AI in the crypto
I think I can repositionize crypto and the transaction efficiency, any insights into
data analysis.
And then we can get any data with more efficiency.
We can also create personalized user experiences.
For example, in gaming probably.
I think one day we'll have one game that we can create the NPC and then we can train the
And yeah, I think we can communicate with them with more personnel.
And then yeah, I think that's the opportunities in AI.
And then I think so many things actually, not only in crypto, AI potentials in the healthcare,
in the blockchain itself, and the main industry, AI is super huge.
Yeah, I agree.
I think in any industry or embed that involves, for example, needs of necessities of decision
making, or data learning, I think all these embeds, AI can be involved.
And thank you for sharing.
And previously, you have mentioned some of the AI integration, integration trends in
different sectors of Web3.
And delving into this, how do you see AI impacting different areas of crypto ecosystem?
For example, what you have mentioned, DeFi, NFT, security, et cetera.
All right, great questions.
So maybe for DeFi, for example, I think I can help to optimize for the site on landing,
for example, landing and borrowing rates that we know are always changing dynamically, real
time that I think I can help on that.
Also to automate yield farming as well.
So for any regions or any DeFi farmers, I think you can automate your yield farming
strategies with AI, and then for NFTs.
So other than what I mentioned previously, I think AI can create valuation models based
on historical data and trends for NFTs.
And then maybe we can integrate new AI official smart contracts on the NFT sites.
And then yeah, that's for NFTs.
For the infrastructures or the security, maybe we can use AI to like, oh, okay, I remember
that the first GPT-4 launch, we've seen that someone copy paste the smart contracts of
Ethereum and then just look for the potential threats on that smart contracts.
And I think AI can help debug that.
So yeah, before maybe we can use the smart contracts and release or launch our projects,
we can use AI to help us to mitigate any potential threats or risk before they materialize in
the markets.
Yeah, I think these applications definitely sounds very promising.
And thank you for sharing.
And moving on to the next question, what are some of the promising AI-powered crypto projects
on the market today in your point of view?
We know that you are our research analyst and you analyzed a project.
So how do you actually evaluate the potential of an AI project?
What are some of the factors that determine whether it's a good project or not?
Could you please share this secret to us?
Okay, okay, okay.
Maybe this part is like, yeah, alpha, a little bit of alpha.
But this climber first, maybe this is not a financial advice.
I don't recommend you to buy or sell any of these tokens before you please do your, basically
do your own research.
But yeah, I think the first thing that you guys need to see, the list, maybe you can
use CoinMarketCap or CryptoSlate to see the AI categories of crypto and then just sort
it by the market cap or the volume, for example.
But I have a few favorites, AI Crypto, that I'll share.
One of them is Fetch AI, so the ticker is F-E-T. Fetch is creating a decentralized digital
representations of the real world with autonomous agents living on the blockchains.
So I think if Sam Altman really built an IGE, so this narrative, the Fetch AI will be huge,
one of the huge projects in crypto.
And then the next ones may be a singularity map, singularity map, the ticker is Ajax.
So it's another notable project as well.
It creates the centralized marketplace for AI services.
So I think if we see that AI services will be huge in the crypto markets in the next
two, five, the next three cycles, maybe, I think, yeah, Ajax will be one of the biggest
decentralized marketplace for that.
So yeah, it's one to watch right now.
So if we see Ajax is in 24 hours per cent, it's up 34 per cent today.
And the last seven days, Ajax is also up 121 per cent.
So yeah, I think it's one to watch.
Before I mentioned Fetch, Fetch is also up around 65 per cent this week.
And then maybe the next one, Ocean protocols, maybe, yeah, Ocean protocols are working on
the unlocking data, allowing individuals to securely share and monetize information, not
only individuals, but also enterprises or any business to share and monetize information,
especially AI.
So yeah, Ocean is huge as well.
The last seven days, it's up around 46.38 per cent.
So yeah, Ocean is one to watch.
And another maybe, the RnDR, the Render, it's decentralized GPU computing, it's also bullish.
It goes from like $1 to $7 right now.
So yeah, it's huge this week, up around 45 per cent for Render.
And then another, maybe, the Graph, GRT, Akash Network, AKT, and then yeah, that's for crypto.
And then yeah, not only crypto, maybe.
If you guys also invested in US stocks right now, AI is also huge in the stocks, like and
VDA broke new all-time high.
And then the latest earnings reports as well, it beats the forecast.
So yeah, I think the AI industry is really huge not only in crypto, but also stocks markets.
So yeah, I think that's a few projects.
And maybe, I forgot to mention OpenAI Worldcoin, WLD, and then maybe the beta play will be
So I think I mentioned like 10 projects already.
So yeah, I think that's all.
But if you guys need more analysis, more depth analysis, because that's my work actually
and be true, please just mention me or just DM me, I'm open to that as well.
Yes, definitely.
I think Arias has shared us a lot of projects to pay attention to.
And if you want more updates about markets, trends, and what is going on, don't forget
to also follow our Twitter, our X, because we also share from time to time what is going
on in the market, what has been the top gainers of the market.
So yeah, stay tuned, follow us and stay tuned.
So yeah, thank you Arias for sharing.
And moving on to the next question, at Bitru currently, what is our specific focus on AI
within the crypto space?
All right, for the Bitru research right now, we explore various AI-powered investment strategies
using a machine learning algorithms just to analyze market sentiments like on X.
Basically, right now we have on X, we have a grok.
So yeah, Elon just launched a grok.
We can use a grok to analyze market sentiments as well, and use machine learning to look
at price patterns and trading volumes to predict market movements more accurately.
So yeah, we still explore the various AI projects, of course.
And then we also planning to integrate AI with our traditional financial models that
we currently develop as well.
Okay, thank you for sharing.
And could you please share any insights from Bitru research work on AI-powered crypto investment
strategies?
For the AI, we have the two key areas for our investment strategy.
The first one is investment decision-making and trading.
So for the investment decision-making, we are developing tools that aggregate and analyze
market data from multiple sources like to offer comprehensive insights.
And also in trading, we are focusing on algorithmic strategies that can automatically adjust the
market changes and to improve our trading outcomes.
So yeah, that's the two key areas right now that we are building, and the flop, and Bitru
research.
Okay, nice.
Thank you for sharing.
And moving on, we know that a lot of AI projects are coming.
We see a lot of new projects coming.
But sometimes it's hard to identify whether it is a legitimate AI project, whether it's
a hype or it's a scam.
So do you have any tricks to help investors identify whether it's a hype or it's a scam?
All right.
I think it's not only for AI projects, but for all crypto projects, yes, to differentiate
or to research, the legitimate AI projects is hype or scams.
I think we should look to the team behind the projects, like is it ducks or undocks?
And if it's undocks, do we see their Twitter posts from the last two years, three years?
So yeah, I think the team behind, we should look into it.
And then the development process, like their GitHub, are they actively develop their projects?
And then yeah, are they active on the GitHub?
And then are they opening all the sources?
So we should look into that as well.
And then we should look also the use cases or the utility as the project like really
solve the problems, the real world problems or not.
So yeah, most hype projects is just like creating new, like cool, tickers, cool projects.
And then yeah, so I think we need to see if the projects have the clear use cases as well.
And then the white papers, technical documentations, the underlying technology, the community.
So yeah, we can identify by that.
Yeah, thank you.
I think before making any investment decisions, we really need to study the projects from
a holistic point of view, checking every possible indicators of whether it's a quality project
to invest or whether it's just a hype, as you said.
So thank you for sharing all these techniques with us.
And moving on, here comes an interesting question.
So what do you think would be the future of AI and crypto over the next five or 10 years?
Do you have any predictions to share with us?
Okay, so we are right now, like I personally like daily, I'm using like bot AI or chat
GPT just to like to help my work to get more efficient.
And I think for the next five to 10 years, everything will be fast as well for the developers
to build many, many stuffs.
So yeah, I can help on that.
We as human, I think all of us in the next five or 10 years, like Janssen Huang, or the
Nvidia CEO say that we all human, like our Metro computer codes, it's like a human code.
It's not a programming.
So I think most human beings in the next five, 10 years can actually code, just use prompt.
So yeah, I think AI will always be here and will become the integral part of the crypto
industry, driving innovation and efficiency, of course.
And then yeah, we can expect the algorithms becoming more sophisticated, the predictive
analytics becoming more rigorous.
And then yeah, I think, I think I'm really bullish on the AI industry for the next five
to 10 years.
Yeah, definitely.
I think a lot of things will change and a lot of things will happen.
So there's a lot to look forward to.
And yet, moving on.
How do you think well, AI, like, do you think AI would ultimately change the way we interact
and invest in cryptocurrencies?
How much influence do you think it can make?
I think, yeah, I fundamentally will change our interaction with cryptocurrencies, of
My investment right now is actually changed because there's AI, I'm using AI to drop
all the data, like the volume, the market caps, the trading data, I drop them to all
AI and then I just ask a few questions of them to simplify all my work.
So yeah, I think from that we can see the AI can process more data driven and personalized
So we as investors, I think we'll have access to like tools that provide real time insights.
And also recommendations based on their investments patterns or market conditions.
So yeah, I think I cannot invest without AI in the next like two, five years ahead.
Yeah, I think a lot of us already rely pretty much on AI in our daily work or our daily
day-to-day usage.
I think, for example, chat GPT, as you mentioned, and we know that you are very boyish on the
AI developments, but we have also mentioned previously the potential challenges.
So what do you think could be the potential risks and drawbacks of widespread AI adoption
in crypto?
Okay, nice questions.
I think the potential risk significantly will be around privacy concern or the IP concern,
intellectual property.
When we use like prompt on chat GPT and then its output things that are really great, we
don't know if the chat GPT get all the training data from somewhere that actually it has copyrights.
I think that's one of the potential risks or drawbacks from the AI.
Also AI is not 100% like great today, there are many errors.
If you see like today, I like to try GPT for and with plugins like website, PDF and stuff,
sometimes you can't read the PDF and website, but sometimes it just shows errors, that kind
of stuff.
So yeah, I think there are still many drawbacks on AI currently.
And then AI bias.
So we don't know like how this AI trained previously.
So it may, it may have a perpetual existing biases that lead to any discriminatory outcomes.
So yeah, I think that's also the drawbacks.
Yeah, I think that's all.
Yeah, Aria, thank you for sharing.
One fun fact that I have heard about chat GPT for is that there are people saying that
it sometimes invents stuff, like pretending that it's real, but it's not, it was actually
invented by the chat GPT.
So yeah, I think the accuracy, the accuracy of the information could be a potential risk,
as you have mentioned.
And yeah, thank you for sharing.
And I think we have to have these in mind, even though we can be bullish on the AI development.
So moving on to the next question.
We know that we have mentioned your work at Vitru as a research analyst.
So what do you, do you have any advice for our virtual community to prepare for the increasing
role of AI?
For example, what should they do if they're interested in learning more about AI and crypto?
Are there any tools or platforms do you recommend to learn more?
All right.
I think to prepare for the AI bull run, I think the communities that focus on the educations
or the knowledge, like you guys need to, or not you, not just you, me also as well.
We all need to develop a deeper understanding of the AI itself.
The easiest example is how to prompt correctly, how to train the GPT itself.
So yeah, we also need to stay informed about the latest developments as well in AI.
For example, last week, we've seen that OpenAI released Sora, that's a mind-blowing video
we can see from one prompt or two prompts that we can see the next level of videos.
So yeah, I think we need to stay informed about the latest developments in AI.
Also I think we need to participate in any discussions and forums.
Any AI related Discord, Twitter group, Telegram group, anything.
Also maybe if you guys are deaf, try to explore any opportunities to collab with any AI projects.
Maybe they can integrate with your projects.
So yeah, for me, for example, like I'm a researcher, I'm exploring any opportunities with any AI
projects to build things so we can research more efficiently, for example.
So yeah, I think if we educate ourselves and develop a really deeper understanding into
AI, I think we can prepare for the next AI bull run.
Yeah, Aria, thank you.
That has been very helpful for me and the audience and I think I'm definitely going
to involve myself more because I think it's inevitable to learn more and to adapt more
into the ongoing AI development.
So before we wrap up this session, do you have any final thoughts or advice for our
listeners today?
So maybe I think I want to mention the quote from the Vitalik Buterin.
He said that my one sentence summary of the AI right now is that it does amazing stuff
but it has a high error rate.
But one application of AI that I'm excited about is AI assisted formal verification of
code and bug finding.
So for example, right now, Ethereum's biggest technical risk probably is in bugs in code.
So anything that could significantly change the game on the verification of code and bug
finding, I think that would be amazing.
So if you guys are developers and building the AI assisted formal verification of code,
I think that would be huge and help the Ethereum ecosystems and for others, I think it's important
for us to approach this AI landscape with curiosity, open mind and caution, of course.
And the potential, I think, is huge but also it requires us to be open-minded, I think.
Thank you, Arias, once again for taking the time to be here with us today.
I think it has been a very insightful session and we definitely have learned a lot about
AI tokens, not only AI tokens but also AI technology from you.
And thank you to all the listeners for tuning in.
The winners of this AMA airdrop will be announced on our X.
Don't forget to follow us on X or Twitter and Telegram for the latest updates.
So before we end this session, I would like to remind you all once again that this AMA
is for informational purposes only and should not be considered financial advice.
Participants views our personal opinions and always conduct your own research before
making any investment decisions.
So thank you, Arias, for coming.
Thank you, Olivia.
And thank you for all the community that's coming today on this Twitter spaces.
This is, by the way, this is my first time and Twitter spaces, X spaces with Be true.
So yeah, I love it.
Thank you guys for coming in.
I'm happy that you have enjoyed it.
And everyone, if you are curious about AI or if you have any questions about projects,
you can always drop Arias a follow and DM him.
Can they?
If they have any questions.
I'm open on that.
I'm also, I also like to do technical analysis as well.
So if you guys are interested to any AI tokens and wants me to like just analyze it.
So yeah, just please do.
Thank you, Arias.
And thank you all for tuning in.
And that's the end of today's AMA.
We will see you very soon in our next AMA session.
And goodbye.
Have a nice day.
Have a nice day, guys.