Rootory LightPaper
Last updated
Last updated
Rootory is a platform designed to enable the creation, deployment, and trading of AI agents, specifically tailored for the Web3 user requirement and ecosystem.
What's next killer Web3 product in the AI Era?
Before addressing this question, let us take a look at history. Following are the traditional Web3 products in No/Weak-AI Era.
Bitcoin: The investment target. It is the asset in which users invest.
Binance: The investment tool, a cryptocurrency exchange where users can buy and trade digital assets like Bitcoin.
X (formerly Twitter): The tool for gathering investment information. Social media platforms like X are commonly used by investors to gather market trends, news, and social sentiment regarding investments.
So what should new large-scale applications in the AI era look like? Firstly, history tells us, they must be investment-related, as the primary need of Web3 users is to generate wealth through trading and investment research. Secondly, they must be powered by advanced AI.
We believe that the Agent platform(Rootory) will be the next major application in the Web3 space because Agents simulate complex intellectual activities, which is exactly what Web3 users engage in daily.
Meanwhile, Rootory will leverage user growth to explore the blockchainization of assets such as AI Agents, evolving into a fully blockchain-operated AI platform.
While LLMs are a significant step in AI's ability to process and generate language, AI agents represent the future by autonomously performing tasks and making decisions, leveraging knowledge, reasoning, memory, and tools to achieve more complex and open-ended goals.
LLM (Large Language Model)
Prompt -> Answer: Traditional LLMs work by taking a prompt (a question or a request) and generating a direct answer based on the data they have been trained on. These models, such as GPT, are powerful in generating human-like text but are limited to producing outputs based on the information they process in a single step.
Limitation: LLMs focus primarily on generating text from the given prompt without further actions or interactions with external tools or data beyond their training.
Agent
Prompt -> Answer -> Action: AI agents, as depicted on the right, expand upon the capabilities of LLMs by not only providing an answer but also taking actions based on that answer. These actions might involve interacting with external tools, reasoning over multiple steps, or utilizing memory to make decisions.
Components:
Knowledge: Agents integrate and utilize a broader base of knowledge, possibly including real-time data.
Reasoning: They have the capability to reason through complex tasks, going beyond simple question-and-answer formats.
Memory: Agents can retain information from previous interactions, enabling them to perform tasks that require continuity and context over time.
Tools: Agents are capable of interacting with external tools, such as databases or APIs, to perform tasks that go beyond generating text, like executing transactions or managing processes autonomously.
Autonomous AI agents are not just a future trend but are rapidly becoming a significant market. Projected to reach $28.5b by 2028, at a CAGR of 43.0%.
Data source: https://www.marketsandmarkets.com/Market-Reports/autonomous-ai-and-autonomous-agents-market-208190735.html
The Rootory platform greatly enhances the user experience and creative capacity by offering specialized tools for Web3 users, crypto communities, and Web3 creators.
Each tool is integrated with advanced AI technologies, enabling users to make better investment decisions, manage information flow, analyze data, and create digital assets. These tools not only simplify complex operations in the Web3 world but also enhance automation, prediction, and creativity through AI, further promoting the value of decentralization and autonomy in the ecosystem.
Web3 users are a critical part of the blockchain ecosystem, typically encompassing cryptocurrency investors, on-chain transaction participants, decentralized finance (DeFi) users, and a wide range of users depending on smart contracts. These users are highly dependent on real-time data, automated trading tools, and investment research.
In the fast-evolving crypto world, the timeliness and accuracy of market information directly affect the quality of investors' decisions. The purpose of the Information Monitor tool is to integrate multiple data sources (including on-chain data, market exchanges, social media, news sites, etc.) to provide users with real-time market dynamics, project announcements, technical analysis, and more. This tool could also rely on AI-driven natural language processing (NLP) algorithms to extract valuable trends and insights from large volumes of information.
Expanded Features:
Automated Market Monitoring: Continuously monitor global market changes, including cryptocurrency price fluctuations, major policy changes, project announcements, etc.
Sentiment Analysis: Analyze the sentiment data from social media (e.g., Twitter, Reddit) to understand market moods and predict price movements.
Risk Alerts: Based on historical data and real-time changes, predict market risks and alert users ahead of time.
A trading bot is a system that performs automated trades based on pre-set strategies, enabling users to trade without manual intervention. These bots usually connect to trading platforms via APIs and use quantitative strategies for high-frequency or arbitrage trading. With the assistance of AI, trading bots can continuously optimize trading strategies using techniques like deep learning and regression analysis.
Expanded Features:
High-Frequency Trading (HFT): AI-enhanced trading bots can scan markets and execute trades within milliseconds, capturing minute arbitrage opportunities.
Risk Control: By combining AI prediction models, the bot intelligently adjusts positions, monitors market risks in real time, and executes hedging strategies when necessary.
Multi-Platform Support: The bot can connect to multiple decentralized exchanges (DEX) and centralized exchanges (CEX) simultaneously, facilitating cross-platform arbitrage.
The Investment Researcher tool is designed to help users identify potential investment opportunities in decentralized markets. This tool uses big data and AI technologies to automatically analyze on-chain data, historical transaction records, and project whitepapers, generating detailed investment suggestions. It also evaluates the tokenomics (economic models) and team backgrounds to identify investment risks and rewards.
Expanded Features:
Automated Investment Reports: Combining on-chain data and market intelligence to generate detailed investment opportunity analysis reports, including token liquidity, wallet distribution, lock-up periods, etc.
Smart Portfolio: Based on the user's risk preferences and market trends, AI recommends an optimal investment portfolio to maximize returns.
Future Trend Prediction: Machine learning algorithms predict the future development trends of specific projects or markets and suggest the best times for users to enter or exit.
Crypto communities are the core drivers of the blockchain ecosystem, playing a crucial role in project development, forming market consensus, and attracting new users. Rootory supports the growth of these communities by providing specialized tools and services, ensuring they can efficiently manage information, analyze data, and make decisions.
The Knowledge Assistant tool aims to help community members quickly find, share, and integrate project-related information. With AI-enhanced search and summarization functions, users can more efficiently access historical data, project updates, and community consensus. This is essential for making fast market decisions, particularly in decentralized environments.
Expanded Features:
Real-Time Q&A: Integrated with large language models (like GPT), the Knowledge Assistant can provide real-time answers on project history, token economics, technical architecture, and more.
Knowledge Base Integration: Supports the creation and sharing of decentralized knowledge bases by users, including technical documentation, smart contract analysis, tutorials, etc.
Semantic Search: Using natural language processing technology, it allows users to search complex blockchain information with simple queries.
In the crypto space, the Data Analyst tool provides clear market insights by collecting and processing data from blockchain networks. It can handle on-chain transaction data, market volatility, and user behavior, helping the community make more informed decisions. For instance, by analyzing trading patterns over time, the tool can identify potential whale activity (large transactions) or market manipulation behavior.
Expanded Features:
On-Chain Data Analysis: In-depth analysis of the data flow on blockchain transactions helps the community identify network activities, address behaviors, and fund flows.
Smart Contract Auditing: Through data analysis and code review tools, it ensures the smart contracts of community projects are secure, avoiding vulnerabilities and attacks.
Market Forecasting: Time series predictions and regression analysis of historical data provide market trend forecasts, helping community members seize opportunities promptly.
Web3 creators are the driving force behind innovation in NFTs, decentralized content, and on-chain digital assets. Rootory provides them with an integrated suite of tools to facilitate efficient creation and publication, particularly in NFT art creation and blockchain distribution.
The Derivative Artist tool is designed for creators, enabling them to create derivative works based on existing digital assets, especially in the NFT space. This tool not only helps creators generate new digital artworks but can also automate publishing to multiple decentralized platforms, such as OpenSea or Rarible. AI technologies can assist in artistic creation through image recognition and generation algorithms, helping creators improve efficiency and diversity in their work.
Expanded Features:
Automated Generation: By using deep learning and generative adversarial networks (GANs), the tool can automatically generate stylized art pieces for creators to refine.
Smart Publishing: Supports cross-platform publication and management of NFT artwork and integrates copyright tracking and smart contract sales mechanisms.
Personalized Customization: Based on the user’s creative style and preferences, it offers AI-recommended artistic styles, themes, and creative directions to enhance creation efficiency and the uniqueness of the works.
Rootory provides a robust platform that seamlessly merges Web3 user requirements with the inherent benefits of running on blockchain technology. By offering advanced tools, agent customization, and deep integrations with blockchain protocols, Rootory delivers a comprehensive solution for Web3 users looking to optimize their interactions in decentralized finance, governance, and creation. With a strong foundation in privacy, incentivization, and tokenization, Rootory is well-positioned to lead the charge in the AI-powered Web3 era.
Web3 users require specialized tools and infrastructure to interact efficiently with decentralized technologies and blockchain-based ecosystems. Rootory addresses these needs by offering a range of features tailored to enhance Web3 users' experience, providing seamless interaction with blockchain networks, trading platforms, and decentralized finance (DeFi) tools.
By supporting these established tools, Rootory ensures that users are not siloed into a single platform. Instead, they have access to a multi-source data environment where various types of insights are easily accessible and consolidated for informed decision-making.
DeFi Protocol: Rootory integrates with decentralized finance (DeFi) protocols, providing users with access to real-time financial data, liquidity tracking, and yield opportunities.
Social Media: By connecting to social media platforms, Rootory enables users to gather community-driven insights, follow project announcements, and assess market sentiment. This allows for a more comprehensive analysis of market conditions, as social signals often impact asset performance in the Web3 ecosystem.
Rootory supports direct interaction with blockchain networks and decentralized exchanges (DEXs) like Uniswap or PancakeSwap, as well as centralized exchanges (CEXs) such as Binance or Coinbase. Users can seamlessly execute trades, monitor wallets, and track on-chain transactions without needing third-party tools.
Rootory offers AI-powered agents tailored to the specific needs of Web3 users, such as trading bots, information aggregators, and portfolio managers. These agents automate processes like market analysis, transaction monitoring, and even trading, allowing users to leverage the efficiency of AI in their day-to-day interactions with the Web3 ecosystem.
Running on blockchain introduces several distinct advantages for Rootory, enabling a foundation of decentralization, transparency, and security.
Decentralization and Transparency: By running on blockchain, Rootory ensures that all transactions, smart contract executions, and agent operations are transparent and can be independently verified by users through block explorers or on-chain tools. This level of openness creates trust within the ecosystem, as users can review the actions of AI agents and the platform itself.
Privacy: At the same time, privacy protection is crucial in the Web3 space. Rootory implements privacy-enhancing technologies to allow users to maintain their privacy while interacting with blockchain networks. These cryptographic methods ensure that transactions or data can be validated without revealing sensitive information, protecting user identities and transaction details.
RootToken ($ROOT): Rootory operates its native token, $ROOT, which serves as the foundation for the ecosystem’s economy. Through the incentivized tokenomics, users and developers are rewarded for contributing to the network, such as staking, agent creation, or governance participation. Rootory’s tokenomics can also ensure that active users are rewarded for network engagement, which drives growth and adoption.
Staking and Governance: Users can stake $ROOT tokens to participate in governance decisions, such as voting on protocol upgrades or deciding the direction of platform development. Stakers may also earn rewards proportional to their participation, creating a mutually beneficial ecosystem.
The broader vision for tokenization could extend to fractional ownership of agents and assets. Users might co-own a highly efficient AI trading bot, each holding a fractional share of its earnings or operational rights. Additionally, agents could create value by issuing revenue-sharing tokens, where stakeholders receive a portion of the earnings generated by the agent’s activities on the platform.
Agent Tokenization: Rootory’s unique feature may include the tokenization of AI agents themselves, transforming each agent into a tradable digital asset. Developers who create highly effective agents could tokenize them, allowing them to be bought, sold, or leased on secondary markets. This creates a whole new asset class where AI capabilities become commodities in the Web3 space.
Associated Asset Tokenization: Beyond agents, Rootory can tokenize other assets, such as the data or strategies these agents generate. For example, an agent that identifies profitable DeFi trading strategies could mint NFTs representing the ownership of those strategies, enabling their sale or licensing to other users.
Rootory architecture presents a highly scalable, flexible, and modular system that enables decentralized AI agents to interact autonomously with blockchain ecosystems, markets, and users. The combination of knowledge management, customizable AI workflows, and seamless interaction with external systems allows Rootory to be a powerful tool for automating complex processes in Web3, DeFi, and NFT markets.
This architecture allows for constant growth and improvement, as agents learn, adapt, and integrate new tools and data.
Rootory AI bots can be deployed across platforms like Facebook Messenger, Telegram, Slack, and Discord, with plans for Lark Messenger and Open API integrations. This flexibility ensures bots can interact with users and automate tasks across different social and professional networks.
Each wallet address can create multiple workspaces. This enables users to compartmentalize different agents or workflows based on tasks or user groups, offering a scalable solution for managing a large number of AI-driven operations.
Rootory supports:
Data Types: Text, structured data (PDF, Doc, Website crawler, CSV, Excel, API, JSON).
Scheduled Sync: Keeps data updated for real-time decision-making.
Memory: Bots store and recall past interactions for continuous learning and performance improvement.
Skills: AI bots are equipped with specific workflows and plugins that define their abilities.
Advanced Features: AI bots have schedule task capabilities (e.g., setting predefined times for executing trades or running analyses) and opening dialog functions to interact with users or other agents. They can also provide auto-suggestions, offering users real-time insights or potential actions based on incoming data.
Modes:
Single Agent: One bot operates independently.
Multi-Agent: Multiple bots collaborate, sharing data and tasks to optimize performance.
LLM Integration: Uses LLMs for task execution and language comprehension.
Plugins: Extend functionality for specific tasks like DeFi tools and market analysis.
Custom Code: Developers can create custom workflows or plugins using like JavaScript and Python.
Plugins enable AI agents to function seamlessly across various ecosystems, giving them the ability to automate tasks across multiple platforms.
Exchanges: Platforms like Binance and OKX allow bots to engage with CEXs and DEXs, executing trades, managing wallets, or tracking prices.
DeFi Tools: The integration of tools like DeFiLlama provides bots with access to detailed analytics and data.
NFT Markets: Bots interact with marketplaces like Magic Eden and Blur for automated bidding and trading.
Blockchain: Major blockchains (e.g., Bitcoin, Ethereum) for on-chain activities like transaction verification and smart contract interaction.
2024 Q1-Q2: 5K Users & Root NFT
User Growth: Rootory's initial phase aims to onboard 5,000 users by mid-2024. This phase focuses on gathering early adopters, particularly Web3 enthusiasts, and NFT communities.
Root NFT: The release of Root NFT is a key milestone, potentially serving as an incentive for early users. This NFT may act as a membership token or offer exclusive access to platform features.
2024 Q3-Q4: Rootory V0.1 & Self-Built Agent One V0.1
User Growth: By the end of 2024, Rootory aims to reach 10,000 users. This marks the platform’s steady expansion as it introduces more advanced tools and features to appeal to a broader audience.
Rootory V0.1: This version will meet the basic requirements of Web3 users but won’t be fully operational on blockchain.
Self-Built Agent One V0.1: The first self-built agent will be launched in this phase. It will serve the Root NFT community, providing automated services such as NFT management, marketplace monitoring, or other functions tailored to the specific needs of NFTs.
2025 Q1-Q2: Rootory V0.2 & Self-Built Agent One V1.0
User Growth: The goal by mid-2025 is to reach 20,000 users, driven by enhanced platform capabilities and increased blockchain integration.
Rootory V0.2: This version supports more complex Web3 requirements and integrates with the Bitcoin ecosystem, including the Fractal Bitcoin technology.
Self-Built Agent One V1.0: The first agent will be fully upgraded to V1.0, expanding its functionality to serve Bitcoin ecosystem communities. This agent could automate tasks such as monitoring asset price fluctuations and executing trades.
2025 Q3-Q4: Rootory V1.0 & Self-Built Agent Two V1.0
User Growth: By the end of 2025, Rootory targets 50,000 users, establishing itself as a significant player in the decentralized AI and Web3 space.
Rootory V1.0: This version will offer full platform functionality with multi-chain support, enabling Rootory to operate across several blockchain networks, including Ethereum, Bitcoin, and possibly other Layer 1 or Layer 2 solutions.
Self-Built Agent Two V1.0: A second AI agent, designed for news monitoring on the BTC ecosystem, will be introduced. This agent will use AI to scan and analyze news related to Bitcoin, providing insights, alerts, and decision-making support for traders or investors.
IQWiki & IQ GPT
Overview: IQWiki is a combination of Wikipedia and AI tools with many years of experience in the Web3 field designed for knowledge accumulation
Comparison: IQWiki tools are primarily at the stage of large language models (LLMs), and their functionality has not evolved into autonomous agents. Their role is more about content generation and knowledge management than creating decentralized AI agents for Web3, which is quite different from our accumulation and positioning.
Market Cap: $0.1B, up to $0.6-0.7B.
LangChain
Overview: LangChain is a modular framework for building applications powered by large language models (LLMs). It offers extensive tools for developers to create complex applications, particularly in AI-driven areas like chatbots, document processing, and content generation.
Comparison: While LangChain is powerful for building AI-based applications, it is not directly geared toward blockchain or decentralized AI agents. LangChain focuses on AI application development but does not integrate with Web3 needs like Rootory.
Market Cap: $0.2B.
Coze (Bytedance)
Overview: Coze is an AI chatbot development platform from Bytedance, aimed at making it easy for users of all skill levels to create and deploy AI-based tools.
Comparison: Coze is not specifically built for Web3 users, and it does not support blockchain integrations. Therefore, its functionality diverges significantly from Rootory's goals in the Web3 space.
Sahara AI
Overview: Sahara AI is a decentralized blockchain platform designed to democratize the AI ecosystem by addressing several prevalent issues in the field of artificial intelligence. Sahara AI has raised $43M in funding.
Comparison: The fundamental difference between Sahara AI and Rootory lies in their core missions. Rootory's primary goal is to meet the needs of Web3 users concerning agents. Rootory focuses on user experience and growth as its foundation, gradually upgrading its infrastructure to support this aim.
Farcaster
Overview: Farcaster is a decentralized social network protocol that allows users to share content, interact, and build communities. It enables users to retain control over their data. Currently, it has around 40,000 daily active users. Farcaster has raised $150M in funding.
Comparison: Although Farcaster operates in the decentralized space, it is focused on social networking rather than AI agents or Web3 applications. As a user-facing product, Rootory has the potential to grow to a much larger user base.
Market Cap: $1B.
We are the best team for Rootory. The Rootory team is uniquely qualified to deliver a leading AI and Web3 platform, thanks to their combined experience in both fields, their background in building user-friendly products, and their agile, fast-paced development approach.
The team with experience in product technology, development, operations, and entrepreneurship in both AI and Web3 products, which is a rare combination in today’s market. This positions Rootory to develop such a platform.
A considerable number of members come from ByteDance, a company known for building successful user-centric products like TikTok. This background gives the Rootory team an edge in designing intuitive and user-friendly platforms that appeal to a wide audience.
Product Development Experience: ByteDance’s culture emphasizes rapid development cycles, user engagement, and iterative improvements. Applying this mindset to a decentralized AI platform ensures that the team is focused on building products that users want and need, not just technically complex systems.
AI Productization: The team has the ability to translate AI models into consumer-ready products, they are well-equipped to build user-friendly interfaces and experiences that allow non-technical users to interact with powerful AI agents within Web3 environments.
The team operates in a small-scale, fast-moving structure, where each team member is expected to handle multiple tasks related to their respective function.
Agile Development: With a small team, Rootory can iterate quickly and stay nimble, allowing it to respond to market changes, user feedback, and emerging technologies more efficiently than larger, more bureaucratic teams.
User-Focused Innovation: Staying small ensures that the team remains closely connected to users, allowing for rapid iteration cycles that are responsive to user needs. This is critical in both AI and blockchain environments, where market conditions and user demands can shift rapidly.
Rootory is poised to become a leading platform in the Web3 ecosystem, offering unparalleled capabilities for creating, deploying, and trading intelligent agents. With a robust technological foundation, a clear strategic roadmap, and a committed team of experts, Rootory is well-positioned to meet the demands of the decentralized future.
By integrating cutting-edge AI technologies with the transparency and security of blockchain, Rootory not only addresses the current limitations of Web2 AI platforms but also opens up new possibilities for innovation and growth in the Web3 space. Whether you are a developer, investor, or user, Rootory offers a compelling value proposition that is set to redefine the landscape of AI and blockchain convergence.
