We are excited to announce a strategic collaboration with 0xScope, a leader in AI-driven Web3 data advancements. By merging Allora's decentralized AI network with 0xScope's extensive Web3 AI Data Layer, Allora will be able to provide more accurate forecasts on market trends, token values, and other important indicators for the Web3 ecosystem.
This partnership has the potential to completely transform the breadth and accuracy of AI-driven insights within the web3 industry.
Leveraging Superior Data for Predictive Excellence
In this collaboration, 0xScope will enhance Allora’s AI models with their meticulously curated Web3 data, sourced from millions of user interactions via the Scopechat AI assistant. This high-quality data will enable Allora to further refine its industry-leading price prediction algorithms, which currently boast a 95% accuracy rate for over 400 million assets with updates every five minutes.
The integration of 0xScope’s data expertise with Allora’s advanced AI infrastructure will significantly improve the precision, timeliness, and reliability of our predictive models, providing unparalleled value to Allora’s users and stakeholders.
"0xScope and Allora share a mutual passion for moving Web3 forward to a decentralized AI future. The combination of 0xScope's Web3 AI Data Layer and Allora's self-improving decentralized AI network will unlock exciting synergies for enhanced AI solutions, from more accurate AI-generated responses to user queries to AI Agents that can turn human-made requests into actionable Web3 tasks," 0xScope CEO Phillip Torres said in a statement.
“Partnering with 0xScope allows Allora to combine our decentralized AI capabilities with their extensive Web3 data expertise”, says Nick Emmons, Allora Labs CEO. “This collaboration enhances the network’s ability to deliver precise market forecasts and token valuations. Together, we’re advancing the development of AI Agents for efficient on-chain transactions, showcasing our mutual commitment to innovation in the emerging crypto x AI space.”
Advancing On-Chain Transactions with Jarvis AI
This collaboration also supports the development of 0xScope’s Jarvis AI Agent, designed to facilitate on-chain transactions through text-to-intent capabilities. Leveraging Allora’s decentralized training network, Jarvis will gain enhanced capabilities to interpret complex user commands and execute on-chain transactions seamlessly.
The purpose of Jarvis is to perform on-chain transactions and understand complicated language. Direct contract interactions, contract interoperability, knowledge data, real-time data, and triggered contract actions are all handled by it. These features let Jarvis decipher user specs and trigger smart contracts in response to their inquiries.
Jarvis will be further strengthened by Allora's context-aware forecasting and iterative learning methods, which will make it a strong option for contract interoperability, real-time data processing, and other uses. Through Allora Network’s continuous feedback and iterative learning, 0xScope will ensure ongoing improvements in text-to-intent AI agents.
Ultimately, Allora's open network facilitates the sharing of data, insights, and algorithms because of its infrastructure, which allows Jarvis to take advantage of a variety of resources and support the broader AI and web3 community.
About 0xScope
0xScope has become a leading force in Web3, developing the most comprehensive Web3 AI Data Layer used by over 200 projects and ecosystems. The company has also built B2C applications on top of this data layer, including its latest AI trading companion Scopechat, which is being integrated into major Web3 platforms and wallets.
Currently, 0xScope is focusing on improving JARVIS, the AI technology powering Scopechat, to transform natural language and user intentions into actionable Web3 tasks, lowering usage barriers and enhancing product experiences as Intent as a Service (IAAS).
To learn more about 0xScope, visit the 0xScope website and follow 0xScope's newsletter, X (Twitter), Telegram, Discord, and LinkedIn.
About the Allora Network
Allora is a self-improving decentralized AI network.
Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models. By combining innovations in crowdsourced intelligence, reinforcement learning, and regret minimization, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.
To learn more about Allora Network, visit the Allora website, X, Blog, Discord, and developer docs.
