Cryptocy exchange Woo X has added an AI-powered lead trader, called “George AI,” to the platform’s copy trade application unveiled earlier this year, letting users emulate a machine learning crypto sentiment engine, and also allowing for weekly bets on man versus machine. Woo X has partnered with Kaito, a firm led by former Citadel technicians that has built a machine learning search engine for crypto sentiment across platforms like X and Discord.
Sentiment analysis of social media platforms, done through a branch of AI known as Large Language Models (LLMs), have been applied to traditional trading in stuff like Apple or Nvidia stock. But when it comes to so-called Crypto Twitter, the signal is about an order of magnitude noisier, and is also driving a huge amount of retail trading, according to Yu Hu, CEO of Kaito.
“Because of how noisy the data are, nobody has been able to deploy a strategy quantitatively,” Hu said in an interview. “We’ve come up with a solution by indexing many information sources and leveraging the AI to understand tweet by tweet terms of sentiment and a semantic understanding of future trends.NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…
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