Guru Network Insider Updates - November 29, 2024 - Launching Economy Flywheel and Platform Updates

The latest Guru Network AMA brought exciting announcements about the platform's economy launch and new features. Here are the key highlights from the session:

Economy Flywheel Launch

Guru Network is activating its economy flywheel with several key components:

Quest-Based Point System

• Users can earn points through various activities like social engagement and governance participation
• Points can be redeemed for Guru DAO NFTs which provide voting power and weekly reward eligibility

NFT Mechanics

• Two NFT minting options available:
  • 1,000 tGURU points redemption
  • 400 BASE-GURU direct purchase in Guru App
• NFTs grant governance rights and access to ecosystem rewards

Platform Updates

Telegram Integration

• New smart wallet functionality integrated with Telegram accounts
• Price notifications feature added for market tracking
• Enhanced trading interface with multi-chain support

Cross-Chain Functionality

• Bridging between Ethereum, Base, and Guru L3 network
• Integration with multiple DEX aggregators including ParaSwap and KyberSwap
• Liquidity incentives on Base network through Equalizer (participate HERE)

Technical Infrastructure

AI Integration

• AI processors for automated market analysis and reporting
• Integration with data warehouse for comprehensive market insights
• Future plans for AI-driven transaction execution

Framework Development

• Enhanced orchestration nodes for coordinating user actions
• Web3 business process automation improvements
• Integration of traditional BPA engines with blockchain functionality

Community Initiatives

Early Adopter Benefits

• Special rewards for Season 1 and 2 pass holders
• Initial balance allocation of 250 GURU on L3 for NFT holders
• Weekly chest distributions planned for active participants

Roadmap Updates

The team confirmed they are following their established roadmap with several key deliverables:

• Smart wallet deployment
• Community chatbot expansion
• Discord version development
• Enhanced web application features

The AMA demonstrated Guru Network's commitment to building a comprehensive ecosystem that combines AI capabilities with blockchain technology, while focusing on user experience and community engagement.

If you prefer video format:

Timestamps:

0:30 - Discussion of economy flywheel activation

Company Background
1:44 - History of Dex Guru and its evolution
2:51 - Introduction of Guru framework

Technical Features
3:03 - Explanation of chatbots and Telegram mini apps
3:41 - Discussion of infrastructure as a service concept
4:00 - Overview of ecosystem economy participants
4:28 - Introduction of AI processors and agents

Product Demonstration
5:15 - Demo of Miles DApp
5:42 - Showcase of swap and share functionalities
6:01 - Demonstration of AI chatbot capabilities
8:33 - Introduction of price notifications feature

Economy & Development
14:41 - Economy launch discussion
32:56 - Explanation of quest system and NFT mechanics
34:35 - Details about AI-generated NFT process
36:42 - Demonstration of points-based NFT minting

Q&A and Technical Discussion
37:10 - Discussion of wallet integration and NFT transfer
37:45 - Explanation of NFT minting process
38:20 - Overview of points-based redemption system
39:15 - Details about NFT utility and rewards

Economy Launch Details
40:03 - Discussion of L3 network features
40:58 - Explanation of initial balance allocation (250 GURU)
41:30 - Overview of weekly chest distribution system
42:15 - Details about governance participation rewards

Platform Integration
43:02 - Discussion of DEX aggregator partnerships
43:45 - Overview of liquidity provision mechanisms
44:20 - Explanation of cross-chain functionality
45:10 - Details about Base network integration

Community Features
46:05 - Discussion of referral system mechanics
46:38 - Overview of social engagement rewards
47:15 - Explanation of community governance structure
48:00 - Session wrap-up and closing remarks