Blockchain is a transformative and exciting space, yet its complexity often acts as a turn-off for the non-technical or those just getting started on their onchain journey. Despite these challenges, there are numerous apps and tools that are focusing on reducing that intimidation factor with the help of AI. With that said, what are some examples of AI-powered apps and features that simplify, clarify, and empower the user experience on the blockchain?
Dune is the industry’s go-to resource for creating and discovering onchain data. If you’re curious about the stats of the hottest dApp on your favorite blockchain, or you want to find out the royalties of a legacy NFT project, Dune is one of the first places to look.
Last year, Dune announced the launch of three LLM-powered products: Create Wand, Edit Wand, and Debug.
As an example, I asked Dune’s Create Wand to ‘Compare all the NFT marketplaces across ETH over the past 90 days’ and the tool was able to create a chart in 40 seconds. From there, I’m able to adjust the data visualization, refine the query further, or add it to a dashboard in my account.
These tools made it easier than ever for everyone to create on Dune, whether you’re a data pro or a newbie playing around with onchain data for the first time.
Ever tried to read a smart contract as a non-technical individual? Good luck! A few months ago, Etherscan, the Ethereum blockchain explorer, released Code Reader. The tool leverages AI to provide users with the ability to retrieve and interpret the source code of a specific contract address. With Code Reader, developers (or curious individuals) could understand smart contracts more effectively in a variety of ways:
A couple months ago, Spectral Labs unveiled SYNTAX – a LLM that turns natural language into Solidity code, allowing everyone to create smart contracts regardless of skill level. SYNTAX users can compile, debug, and deploy AI-generated solidity code, all through a natural language query.
The apps created from SYNTAX can be configured as ‘agents’, controlling funds and conducting transactions to buy, sell, and trade tokens as if they’re actual humans. Although a lot more care and consideration would be needed to let this happen, tools like SYNTAX provide a glimpse into the future where we won’t clicking 10 times to purchase a token. Instead, an AI agent will do that work for us when a set of pre-determined conditions are met.
The integration of AI in blockchain applications is not just enhancing the technical capabilities but also democratizing access to blockchain technologies and comprehending them. Tools like Dune's LLM-powered products, Etherscan's Code Reader, and Spectral Labs' SYNTAX show how that can happen, allowing users from various skill levels to engage more effectively and with fewer barriers.
Those who have been in the industry for some time have constantly described a future where participating onchain will be much simpler than it is today, and we’re starting to see that future become a reality.
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