Agent Pitch #1: GLORIA
The Spaces conversation focuses on John Chen, founder of Gloria AI, a project leveraging AI tools for operational efficiency in the crypto media space. John, transitioning from finance to ad tech in Asia, explored crypto around six years ago. His experience includes co-founding a blockchain project and advising on a gaming NFT collection. Gloria AI emerged from tools built at Crypto Briefing to enhance content production, realizing the value in discovering and curating high-quality, low-latency news. Gloria aims to become a prominent AI-powered news and data provider, evolving into a broader data layer for AI agents.
Summary of Twitter Spaces Recording with Peter and John Chen on Gloria
Introduction to Gloria
John Chen, founder of Gloria AI, shares insights into his journey from finance and investment banking to creating a digital media and ad tech company in Asia. Transitioning eventually to the crypto space, John has spent over five years in web 3, leading to the development of Gloria AI.
John's Professional Journey
- Background: Formerly in finance, transitioned into startups, founding an ad tech company in Singapore. The company expanded across Southeast Asia.
- Crypto Involvement: Entered web 3 about six years ago, joining a blockchain data infrastructure project, followed by involvement in a crypto news company, Crypto Briefing, alongside other web 3 projects.
Development of Gloria
- Genesis: Gloria AI originated from internal needs at Crypto Briefing, which used AI tools to optimize content production.
- Launch and Functionality: Launched in February as a Twitter agent and data platform, providing low-latency, structured news, and data intelligence for AI agents. The focus is on delivering high-signal news in a latency-sensitive manner.
Discussion on Ad Tech Business
- Transition: After finance, John saw the potential in Asia's nascent ad tech scene. He leveraged existing distribution channels and spun off a successful independent digital marketing and media company.
- Current Status: Although John remains the founder, he is not operationally involved, with a capable team managing the company.
Learnings in Web 3
- Agility and Community Engagement: In the fast-paced crypto climate, companies must innovate quickly, listen to their community, and adapt strategies unique to each project's community.
- Structuring and Valuation: Reflecting on earlier projects, John notes pitfalls in high valuations and misaligned incentives prevalent during token launches.
Building and Managing Effective Teams
- Cultural Alignment: Success hinges on team culture, shared values, and passion; crucial in John's business turnarounds.
- Passion Over Experience: John values passion and conviction, favoring it over experience when hiring.
Gloria's Role and Vision
- Technology and Market Need: Addresses the need for rapid, precise content curation in the face of growing AI-generated content and noise.
- Immediate Goals: Become a leading AI-powered news data provider for AI agents.
- Long-term Vision: Expand to deliver a broader data layer, including enriched trading data, market sentiment, and social intelligence.
Technical Aspects
- Team Composition: Eight core team members, including engineers and community managers.
- News Curation: Transitioning to fully autonomous news curation by Gloria, with a structured, multi-agent system handling content extraction and verification.
- Data Provision: Plans to provide enriched data via micro-payment systems, allowing AI agents to autonomously access and analyze market data.
Closing Remarks
John expressed gratitude for joining the Virtuals community, praising its acceptance and support, suggesting a promising collaborative future.