HyperswapAI - Roadmap and future
The Spaces centered around Jack, the co-founder of a new crypto initiative, who discussed the launch of a platform offering an innovative approach to cross-chain token swapping. They are looking to resolve convoluted swapping processes by introducing agents capable of managing swaps and providing liquidity across various chains. Key topics included the benefits of their token, future functionalities such as integrating liquidity pools, the ambition of becoming an AI-powered crypto bank, and the opening of the project to community interaction. Jack also discussed the project's roadmap, including fee structures and marketing plans, while fielding questions from potential investors and community members.
Overview of the Discussion
The recording primarily features Jack, a key figure in the development and launch of a new cryptocurrency swap platform known as Hyper Swap. The discussion revolves around the features, challenges, and future plans for this project, as well as the involvement and impact it will have on existing and potential token holders.
Key Points Discussed
Introduction and Purpose: Jack, also referred to as Pseudo, introduces himself and the platform. He outlines the key vision for simplifying token swaps through an AI-powered system. This system aims to reduce the complexity involved in providing liquidity across multiple chains.
System Functionality: The proposed platform seeks to simplify the existing token swap process which typically involves multiple steps. The AI agent, slated for launch, will handle swaps and provide liquidity across 30+ chains through a streamlined process.
Technological Integration: The integration of technical APIs and various swap services is fundamental in offering efficient and cost-effective token swaps. Multiple APIs like Stargate, PancakeSwap, and others are listed as part of their framework to manage liquidity and slippage issues efficiently.
Tokenomics and Revenue Model: Initial revenue models suggest avoiding fees for the initial launch phase to build community trust. Future revenue sharing models with token holders are planned but not finalized. Jack emphasizes the goal of a long-term vision where revenue will support token value.
Project Team and Development: The team consists of members based in Singapore, with Jack spearheading the project's development. Detailed information about the team's communication, marketing plans, and transparency initiatives is discussed.
Market Position and Competitive Advantage: Jack highlights the advantages of using Hyper Swap over other platforms, mainly citing superior transaction slippage management and increased access to liquidity without relying on traditional bridges.
Community Engagement: The space emphasizes community building through social media and direct engagement initiatives. Plans to establish a more robust online presence through various communication channels like Telegram or Discord are noted.
Important Highlights
- User Accessibility: The platform is being designed to allow even non-technical users like Jack’s mother to engage in providing liquidity, leveraging familiar interfaces like ChatGPT.
- AI Agent Deployment: It is in the testing phase and is set to offer real-time updates and facilitate transactions through natural language inputs.
- Ongoing Challenges: Issues around access from certain regions (e.g., Russia, Iran) due to API restrictions are mentioned, with solutions being explored.
- Community Response: Frequent queries and proactive community management are seen as vital to the project's success, underscoring the need for transparency and availability of information.
Conclusion and Next Steps
The session concludes with Jack promising continued updates and community engagement through more structured communication channels. The leadership's openness to feedback and adaptation based on community input is seen as advantageous, given the dynamic nature of the crypto space. Plans for further development of tokenomics models and marketing strategies are integral to the project's forward trajectory.