Introducing

Welcome to the Aurory AI documentation.

In 2024, the crypto market has witnessed a unique trend where significant gains are concentrated in select assets, most notably Bitcoin, while the broader market has seen mixed performance. Despite Bitcoin’s impressive 50% rise, the Crypto Sectors Market Index (CSMI) shows a decline of about 3%, highlighting the disparity in returns across the crypto industry. This divergence underscores the need for a broader representation of assets, which is reflected in the weighted approach of the CSMI.

Source: Grayscale Research Team

Among the five crypto market segments, the Currencies Crypto Sector, buoyed by Bitcoin’s outperformance, led the gains, whereas the Consumer & Culture Crypto Sector lagged, primarily due to weaknesses in video game-related assets. This narrow breadth of market gains mirrors the recent trends in U.S. equity markets, where a few large-cap technology companies have dominated returns.

However, a bright spot in this landscape has been the assets adjacent to artificial intelligence (AI) technologies. Tokens within the Smart Contract Platforms and Utilities & Services Crypto Sectors, which tackle AI-related problems and provide crucial resources for AI development, have seen an 80% increase year to date. This surge indicates a growing interest and investment in AI-adjacent technologies within the crypto space.

Source: Grayscale Research Team

Aurory AI is poised to capitalize on these market trends by integrating cutting-edge AI and machine learning capabilities into the Web3 ecosystem. Our platform aims to harness the power of autonomous on-chain agents, providing innovative solutions that span across trading, asset management, and more. By leveraging AI to enhance decision-making and efficiency, Aurory AI seeks to bridge the gap between the crypto market’s potential and its current performance disparities, offering a more inclusive and representative approach to crypto asset management.