I Have Some Bad News for You...

The current state of Web3 is the worst it has ever been. In an article released by Infosecurity Magazine, over $1 billion was lost in 2024 due to scams and phishing attacks. This article was published in July of last year.

Even though Ethereum was the most targeted blockchain, Solana also saw a significant rise in scams, phishing attacks, and rug pulls. In fact, the latter is becoming increasingly prevalent in the ecosystem. According to Hacken, more than 80% of projects launched on Solana ended up as rug pulls. While some people might see this as an opportunity to make quick, anonymous money, these scams make it increasingly difficult to trust others in the ecosystem and find projects genuinely working to improve the crypto space.

How Can We Make It Better?

Well, this is the complicated part. But don't worry—we have a plan.

If you look into the problem, most scams happen because people are unaware of the risks. For example, one of the first things you're taught when joining a new company is all the boring security measures: use a strong password, be aware of phishing emails, verify links before clicking on them, etc. The solution in Web3 is the same—you need to teach people about the risks in this space.

The second part is creating tools that help people make better decisions. We are fortunate to live in a world where answers to almost any question are available on the internet. Tools can help block malicious links (the Phantom extension does this—see here for more information), analyze the tokenomics of a project, and much more. Nowadays, Artificial Intelligence can assist in decision-making by analyzing multiple parameters faster than any human. We'll go into more detail on this later.

The third and final part is to always stay up to date. This is the most difficult part because, as you may already know, scammers and attackers are constantly finding new ways to steal from their victims. They use a variety of tools, including AI. According to Sumsub's deepfake phishing statistics in 2023, 88% of AI-powered phishing or deepfake scams targeted the cryptocurrency sector.

Cybersecurity is a domain that is continuously evolving, and this applies to Web3 as well. To stay updated, you need tools that educate you about risks and help you make sound decisions quickly in a rapidly changing market.

Let Me Introduce the Solution

Superfruits AI

Now that we understand the steps needed to improve security in the crypto space, let's look at how our project will help.

Using the Agentic Framework

As I mentioned earlier, Artificial Intelligence is incredibly popular today for multiple reasons. In our case, we believe its use can help improve the state of Web3 for two key reasons:

•Its ability to analyze information from multiple sources
•Its speed in understanding and generating insights

Take our first released agent: DragonFruit. This agent can gather information from various sources, analyze it, and assign a score to a Solana token based on specific instructions. We'll share more details in a future article about how this agent works, as well as the others we are developing.

What makes Superfruits an incredible tool is not just its agents, but the way they are built. Each agent leverages the best sources of information in the crypto space to enhance decision-making accuracy and protect users from harm. On top of that, we utilize the best metrics for evaluating tokenomics and other critical factors.

But it doesn't stop there. Our agents also learn from their research and gather real-time information to stay updated in a world where advancements occur daily.

Our tools will empower you to navigate Web3 more safely by helping you make quick, informed decisions and reducing the time you need to spend learning all the intricacies of the crypto space.

What's Next?

Don't worry—our plans to improve the crypto space don't stop with our agents. Think of them as the pillars that will support all the other tools we're working on: Chrome extensions, portfolio diversification tools, research platforms, and more. This is just the beginning, and we are already seeing great progress with our first model.

We also need your help. We need users to try our product and provide feedback. Our community is full of incredibly smart individuals, many of whom have already contributed significantly to this project. We are deeply grateful for their efforts. As we gather more data, our agents will continue to improve over time.

Conclusion

The current state of the crypto space is concerning. Scams are rampant across all blockchains, with a significant increase last year on the Solana blockchain. Attackers are constantly innovating new ways to steal, and they are now leveraging Artificial Intelligence to do so.

To combat this, we are building the best set of AI-driven agents to dramatically reduce risks. These agents will power various tools, enabling us to create solutions that benefit the space and foster greater adoption.

Thanks to our community, we're already on the right track.

AiFlavour