[Twitter threads] Pantera Capital: Why Did We Invest in Surf?

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Chainfeeds Summary:

Looking ahead, Surf is poised to become a core gateway to crypto intelligence, enabling investors, developers, and community members to understand industry dynamics, analyze fund flows, and build insights on a single platform.

Article source:

https://x.com/0xfishylosopher/status/1998786741919215887

Article Author:

Jay Yu


Opinion:

Jay Yu: One of the biggest obstacles facing the crypto industry today is the extremely high information barrier and educational challenge. From complex technical terminology and the unique culture of on-chain ecosystems to the fragmented data structures between different chains and protocols, ordinary users find it difficult to truly understand how projects operate. Even with mainstream AI products, because they are mostly trained on general corpora and lack structured knowledge of the crypto industry, they often cannot accurately answer specific questions related to on-chain data. For example, when querying the timestamp of a specific block or the number of stETH newly minted on a certain day, the accuracy of mainstream large models is even difficult to reach 70%. This capability gap means that on-chain research is still a highly fragmented and time-consuming task. Researchers need to switch back and forth between various exchange charts, manually write API queries, or write potentially buggy SQL scripts in Dune. As the crypto industry expands, this reliance on manual data processing is clearly unsustainable. Most users lack the time and skills for in-depth on-chain analysis, while the industry's development urgently needs a smart tool that lowers the barrier to entry and automatically integrates on-chain signals. Surf AI emerged in this context and attempts to reshape how users access crypto information. It offers a familiar chatbot-like interface, allowing users to directly inquire about market trends, fundamental changes, and whale holdings for any project. The system automatically generates a structured, in-depth, and highly accurate research report. To achieve this, Surf technically addresses several challenges that traditional AI struggles with: reducing illusions, verifying data, and avoiding misclassification in high-risk scenarios. A single asset may correspond to hundreds of contract addresses, and a single misjudgment can lead to completely flawed analysis. Surf employs a transparent multi-agent system, combining on-chain tracking, technical indicators, and social sentiment for cross-validation. This ensures the final output is both rigorous like a professional data platform (such as Dune or Dexscreener) and user-friendly like a mainstream AI chatbot. Behind its interface lies a complex reasoning and verification system designed to help users find truly relevant information in the noisy and signal-scarce on-chain world. The Surf team comprises serial entrepreneurs and technical talent from BitTorrent, Instagram, and Google, supported by PhDs and engineers from top-tier labs. The team has extensive experience in consumer products, video distribution, and Web3. Since its launch several months ago, it has attracted over 80,000 registered users, with institutional investors and grassroots communities using it as a crucial tool for researching on-chain markets. User feedback indicates that Surf has gradually become an indispensable part of many people's daily workflows, demonstrating a genuine industry demand for "low-barrier, high-accuracy" on-chain intelligent assistants. Looking ahead, Surf is poised to become a core gateway to crypto intelligence, enabling investors, developers, and community members to understand industry dynamics, analyze fund flows, and build insights on a single platform. By combining user-friendly interaction with verifiable data, Surf lowers the technical barrier to entry for users in the crypto world, significantly expanding the user base capable of truly understanding on-chain data. Pantera believes that better information leads to better decision-making and drives the market towards greater maturity, thus leading this $15 million funding round to support Surf's development. [Original text in English]

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https://chainfeeds.substack.com

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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