Reasoning
Thousands of new coins are launched every hour, and while an honorable pursuit for traders is to assess each one individually for how promising they may be, you will waste the majority of your hours sifting through scams, rugs, and unserious projects. Sion scanner is an AI agent that does the work for you, running each instance of a new contract deployment through our specialized model that acts a sieve, filtering out the junk and alerting you of the deployments with genuine promise.
Sion scanner is different in how it interprets data scraped from social and the blockchain. The current class of agents interpret nearly every project to be bullish. The dominance of bullish propaganda on social for every protocol skews the current models to be bullish on everything. In this way these agents are optimized to shill each ticker that is suggested, and while this is certainly an entertaining curiosity, these are high noise and low signal alerts. Oftentimes bullish propaganda can even increase as the price action of the token gets weaker, leading traders to invest at the precise moment of maximum negative expected value.
The Protocol
Sion Scanner is foremost a telegram trading tool, where the user prompts a ticker, and the AI will then make an evaluation and return a nuanced suggestion whether to take the trade. It takes into account price action, timing, and social media to reach its conclusion. Sion scanner is trained on technical analysis methods to gauge momentum, and combines those insights with a social. Sion scanner is trained on technical analysis methods to gauge momentum, develops its own view of market timing based on the entire market's performance at that given point, and combines this with cues from social media (X) to draw its conclusion.
Because it exists in a closed system, and not prompted by public inputs such as X tags and replies, Sion filters out the noise common in other agents. This is not a shilling or marketing engine, it’s a trading tool. This allows the trader to sift through more projects quicker, and even makes the market more efficient by providing clear
Access
Access to the protocol works on a token gated framework. A Minimum balance of $SION tokens is required to gain access to the tool. With the total supply of $SION set at 1 billion tokens, the gating threshold is 1 million tokens, or 0.1% of the supply. At a market cap of 1 million dollars, this is a cost of $1000 to access. At 5 million, the value of access is $5000, etc. In the future we will open up the Sion API for further partnerships, and add value accrual back to the token at that point for legacy holders. The first stage is a proof of concept carried out by real on-chain traders.
Roadmap
Future iterations of Sion Scanner will include the ability for the Sion Scanner wallet itself to place its own trades when its conviction is highest. The ultimate goal is to provide utility for traders while also pushing the capability of AI agents in crypto forward. Ultimate parallel synchronicity between trader and agent is what we believe is possible, and Sion Scanner is the next step towards it.