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Home»Security»Announcing the launch of Social Intelligence Paranet
Security

Announcing the launch of Social Intelligence Paranet

September 1, 2024No Comments3 Mins Read
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By LunarCrush and OriginTrail

In an ever-changing world of technology and finance, the demand for innovation and adaptability is higher than ever, driven by a quest for transparency for internet users. LunarCrush is at the forefront of social intelligence, converting human-generated information into actionable insights for retail and institutional players. Originally focused on the crypto industry, LunarCrush’s social intelligence now extends to various industries such as technology, politics, travel, music, and more. Recognizing the convergence of crypto, the internet, and artificial intelligence (AI), LunarCrush is taking a significant leap forward in its efforts to achieve transparency through social intelligence. By launching the Social Intelligence Paranet on the OriginTrail Decentralized Knowledge Graph (DKG)LunarCrush aims to improve content collection through incentivized crowdsourcing and enable the creation of AI-based services on this trusted knowledge base.

The decentralized knowledge graph and the paranet of social intelligence

The Social Intelligence Paranet will run on OriginTrail DKG, a permissionless peer-to-peer network that ensures that all social content posted on the Paranet is discoverable, verifiable, and attributed to its owners. This setup allows AI services leveraging this knowledge base to avoid issues such as hallucinations, managed bias, and intellectual property violations. For an in-depth understanding of the technical design of paranets, DKG, and decentralized retrieval augmented generation (dRAG), we recommend checking out the OriginTrail White Paper.

The Paranet Initiative for Social Intelligence

In line with LunarCrush’s growth trajectory, the Social Intelligence Paranet will initially target the crypto sector, attracting high-quality content creators and community members from various crypto projects. LunarCrush will also leverage insights from its social knowledge, such as Alt Rank, Top Creators, and sentiment analysis. Beyond knowledge mining, the Social Intelligence Paranet will feature the first AI-powered tool to interact with the Paranet’s core knowledge assets, powered by LunarCrush. This AI-powered tool will be accessible to users paying with BUZ tokens. All BUZ tokens spent by users will be recycled as additional rewards for knowledge mining.

In the coming weeks, a comprehensive proposal for the Social Intelligence Paranet will be submitted to the NeuroWeb community for approval. The proposal will include:

– Knowledge resources created from LunarCrush APIs

– An incentive model for knowledge miners targeting the first category of knowledge

– A demonstration of the LunarCrush AI tool

Promoting the wisdom of crowds

The traditional concept of crowd wisdom eliminates the idiosyncratic noise associated with individual judgment by averaging a large number of responses. Social intelligence goes further by unlocking actionable insights through high-quality, curated knowledge, enriched by specific domain expertise. The rise of AI introduces the potential for another leap forward in extracting wisdom from a vast body of knowledge. Incentivized crowdsourcing to collect high-quality social content provides an ideal foundation for AI services to uncover wisdom that is not immediately apparent. While a conversational tool is the first step, later developments will include AI agents performing comprehensive tasks such as market analysis and market prediction suggestions. As the Social Intelligence Paranet expands beyond the realm of cryptography, it promises to support improved decision-making powered by the wisdom of crowds on a variety of topics.



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