How It Works

How It Works

Kollect AI harnesses the power of AI to analyze, tabulate, and summarize vast amounts of data from multiple sources to provide accurate information on connected on and off-chain activity.

This process is broken down into three stages - data retrieval, data analytics, and UI/UX.

Data Retrieval

Kollect AI currently collects information from the following sources:

  • On-Chain Data: Real-time and historical blockchain activity, primarily pricing information and DEX trades on DEX platforms like Uniswap, as well as on-chain balances and transfers

  • Social Media: Information such as posts or announcements from platforms like X and Telegram, to get timing and CA information, and eventually sentiment analysis as well.

Data Analytics

Once this data has been collected, the following important steps happens:

  • AI and Analytics: The information is processed to generate summaries that can be more easily parsed by users. Infomation such as trading volumes and PnLs are calculated here.

  • Database: The relevant data is stored in a database for retrieval and access by users to ensure responsiveness.

UI/UX

A Telegram bot runs to process requests by users and calculate and present information as needed. We use the power of Telegram Webhooks to ensure responsiveness and scalability.