Summary of crypto project

[hehozo]

MVP: API to LLM to generate summary of crypto input

Overall goal

User will be able to input the name of a crypto company, project, or currency/token and receive a generated summary of the current state and relevant history.

Elements

• [x] Prompt Engineering
• [x] NextJS Frontend
• [x] React integration of API prompt and frontend

Example data

Input from user: Terra (LUNA) backend prompt: Provide a 2-paragraph summary of the current market positioning of {input} within the crypto landscape, including references to any relevant past events. output (example only): The current sentiment towards Terra (LUNA) as of October 2024 shows a mix of cautious optimism and lingering skepticism, heavily influenced by its tumultuous past. Following the catastrophic de-peg event of TerraUSD (UST) and the subsequent crash of the original LUNA token, which led to significant financial losses and dented trust within the crypto community, Terra has been attempting a comeback with Terra 2.0. Despite this, there's a notable divide in sentiment. On one hand, the community and some market analysts express hope, pointing towards technological updates, governance changes, and efforts like significant token burns aimed at increasing value through scarcity. These developments have occasionally sparked positive price movements, with some users on X expressing belief in a potential recovery or even significant growth, fueled by these ecosystem enhancements and market trends favoring recovery stories.

However, skepticism runs deep due to the severe trust deficit caused by the previous events. Critics argue that Terra's ecosystem hasn't fully recovered, with some questioning the utility and real-world adoption of Terra's offerings, especially in comparison to other blockchain projects. The regulatory environment, including concerns over staking rewards classification, adds another layer of uncertainty. Discussions on platforms like X reflect this duality, where while there's excitement over new developments and price surges, there's also a significant portion of the crypto community that views Terra's future with caution, if not outright skepticism, highlighting the project's need to not only innovate but also regain substantial trust and adoption to truly stabilize and grow its value. This sentiment underscores the broader crypto market's volatile nature and the lasting impact of past failures on investor confidence.

[juandelossantos]

@hehozo what will be the API to use?

[hehozo]

Ideally it would be grok since that has access to up-to-date twitter information. I may have access to a grok account we can use. If we build with OpenAI that is also fine, and we can list switching OpenAI -> Grok as a future enhancement

[juandelossantos]

Marked as done tasks in this issue