REVOX & LBank | X(Twitter) AMA Recap
Our co-founder, Troy Hua, sat down with Muha from LBank and some notable media news publishers and explained all things REVOX and AI in Web3. Let’s dive in!
Topic: REVOX: Transforming Web3 with AI: Exclusive IEO Launch on LBank
Date: December 13th, Friday
Time: 2 PM UTC Host: Muha (@LBank_Exchange)
Key Guest: REVOX (@ReadOnMe3)
Media Observers: @Utoday_en @TCR_news_ @DroomDroom
1️⃣ Intro
Muha: Let’s start with some quick intro. We’ve got representatives from REVOX.AI would you mind giving a short intro?
Troy: Hi everyone, thanks for having me here today. My name is Troy, the cofounder of REVOX.
A quick intro about myself, I am a Phd dropout from Carnegie Mellon University and my research there was AI and dialogue system, which is basically what ChatGPT is doing. But I quit my Phd about 10 years ago because at that time, I did not see how frontier research could develop into something like ChatGPT. And it was always my biggest regret. The lesson I learned is that we should never under estimate what AI and technology can do.
2️⃣ What is REVOX.AI?
Muha: Can you explain what REVOX.AI is all about and how it aims to bridge AI and Web3?
Troy: We started REVOX because we see some real challenges. First of all, everyone is talking about AI and Web3, but right now, the fact is that they are pretty siloed.
ChatGPT, Runway, Grok or other LLMs, each of them has a complete ecosystem and infrastructure, which does not need anything that the decentralized world provides. On the other hand, there are many decentralized AI infrastructure projects like Bittensor, Ritual and IO.net. I don’t think you have used any AI products built on that.
The truth is, in the AI ecosystem, we need an infrastructure that connects developers with decentralized infrastructure. And that is what REVOX’s mission is. In short, REVOX is building the shared interface between AI developers and underlying infrastructure. Let me compare AI to the iPhone moment. If AI is the next big thing , like the iPhone moment, LLMs and decentralized computation infrastructure are the manufacturing of the devices, where REVOX is the operating system, that will support all kinds of applications, agents to enjoy the same interface on different devices.
3️⃣ Flagship Products
Muha: REVOX has several flagship products like LENSE, Smart Wallet, Studio, and ReadON APP. Could you provide a brief overview of these and their unique features?
Troy: Absolutely, LENSE is the first product built on the REVOX tech stack. It is right now the largest dapp on opBNB and possibly one of the most popular AI dapp onchains so far with 17,000,000 UAW. And 700K KYC-ed Binance users. The idea is straight forward. Basically the Web3 version of GPT.
For Smart Wallet, it takes the vision of LENSE to the next level. Smart Wallet understands how smart contracts work and can directly submit transactions based on users’ requests.
We love DeFi, but DeFi is so complicated for most users. Smart Wallets want to change this. No matter if you want to do a simple swap from DEX, or bridge assets between different chains, even if you want to perform complex staking and restaking, Smart Wallet can understand our users and find the related smart contracts and with the user’s confirmation, directly submit on-chain transactions for users.
Right now, Smart Wallet supports Pancake swap, Owlto Bridge and KiloExchange. All of them are big players in DeFi on the BSC ecosystem, with full support for swapping, staking, briding and perpetual trading.
Smart Wallet is designed to replace all the front-end work for smart contracts, using a simple prompt based system, users can perform any kind of function and leave all the dirty work to AI.
How does LENSE revolutionize AI interactions in crypto?
We often say DYOR for any trading advice, but how should we do the research. There is tons of information out there. Price changes, community discussion, peoples tweets. We hope for each asset, we could provide an expert that could combine all the information, answer all the questions. We do not want LENSE to make direct trading suggestions for the user, but help users to make the most informed ones.
What makes the Smart Wallet a game-changer for asset management?
With the bull market, more and more people are getting involved in crypto space. However, there are limited users who have participated in DeFi. If we are talking about more sophisticated DeFi, like restaking, only very experienced users have some awareness of this.
Let’s say if you have 10K dollars, you are willing to earn some passive income. Most people choose the interest program in big centralized exchanges. However, there are tons of DeFi protocols which provide a much better passive income rate. The challenge is that both the concept and the process are difficult to understand and to perform. For example, to harvest the best yield for staking ETH, you need to participate in not only ETH staking, there are many ETH restaking possibilities, and there are even more 3rd level restaking which you can earn from your restaked ETH as well.
Then for average users, it does not make sense for them to spend a week to understand how it works and learn how to avoid risk. AI and Smart Wallet do all the work for you. With more DeFi protocol integrated, Smart Wallet will be smarter and smarter, always calculate the best option for you. At the same time, our principle is you are always the owner of your own assets. Smart Wallet is not actually a wallet, it will store any private key and do any harm. It is your personal financial advisor. It will guide you to have a better DeFi journey.
How does Studio empower developers to integrate AI?
Most of our recent development work focuses on REVOX Studio. It is the first step to allowing 3rd party developers to build with us. Anyone can create a complex AI agent with a few simple clicks on REVOX Studio and these agents are not only chatbots, they can directly submit on chain transactions.
For example, for the previous staking and restaking example, a developer could use REVOX Studio to build a dedicated Agent that helps users with any kind of staking requests, become a domain expert in staking.
4️⃣ Key Milestones
Muha: REVOX has achieved impressive milestones like 21M users and being selected for Binance’s MVB program. Could you share some highlights and what these mean for the project?
Troy: Sure, for the user side, REVOX is developing the operating system for AI. This shared interface requires us to build not only user base and developer community. Our milestone of attracting 21M users has demonstrated a strong user base with our flagship apps. It means we will start building a more open ecosystem and attract developers to build AI with us. In 2025, we hope REVOX will become the go-to place for Web3 developers if they want to build any kind of AI products.
Being part of MVB program will help us to build stronger connections with other builders in BSC ecosystem as well as collaboration with Binance Exchange as well. We believe it is super important to become strategic partners with major centralized exchanges like Binance, OKX and LBank. Becides our campaign in Binance Web3 Wallet, we are also the content provider in OKX Wallet, most of the content you see in OKX square is based on the content service provided by REVOX. Binance Wallet just reposted our TGE airdrop tweet.
5️⃣ $REX Tokenomics
Muha: Could you explain $REX tokenomics and its role in the REVOX ecosystem?
Troy:
AI is never free, it is a high cost infrastructure and REVOX’s tokenomics is designed around AI cost.
If you have used Lense or Smart Wallet, you may notice that you could claim 20 free REVOX credits to use the products on the REVOX platform like LENSE or Smart Wallet. Later on, this will be changed to Stake to AI mechanism.
Users who stake REX tokens will be rewarded not only for the traditional staking yield or staking interest, but also AI credits to use all the products on REVOX as well as REVOX alliance products.
Stake to AI tokenomics is different from using REX as a payment token for AI credits, but much more stronger. Let’s if you are a user on REVOX and is willing to 5 dolloars a month to use services on REVOX. If we are only using REX as a payment, you will only buy 5 dollars worth of REX. But with Stake-to-AI, users are actually using REVOX for free, however, they will become the investor of REVOX and stake much more than 5 dollars. It will overall benefit token buying powers and each user has double identity in REVOX, but product consumers and investors as well. It will also benefit long term user growth on the REVOX platform.
This Stake-to-AI mechanism will help REVOX to build a global AI payment, . It is similar to Apple Pay, but for all AI agents and products on the REVOX platform.
6️⃣ Future Roadmap
Muha: What’s next for REVOX after the IEO? Can you share any exciting plans or developments on the horizon?
Troy: IEO and TGE mark just the beginning for REVOX. We’ve launched REVOX Studio, and I highly encourage everyone to explore it and share your feedback on features or plugins you’d like to see added. We are fully committed to accelerating the development of REVOX Studio, especially as it aligns well with the current meme culture.
We’re in discussions with several major meme communities to integrate REVOX Studio into the lifecycle of meme tokens. For example, meme communities can easily create virtual spokespeople for their memes. I’ve experimented with similar ideas on Virtuals, but I believe REVOX can deliver an even better experience. With REVOX’s on-chain agents capable of executing transactions autonomously, we could even create a meme project where funds and tokens are entirely AI-driven, eliminating any human intervention. REVOX could become the ultimate playground for creative, community-endorsed AI memes.
Ultimately, our vision remains unchanged: to make REVOX the go-to platform for AI developers in the Web3 ecosystem.
Stay informed by following our official account for the latest news and updates:
REVOX Twitter: @ReadOnMe3
REVOX Discord: https://discord.gg/readon
REVOX Website: https://www.revox.ai/
