SmartPool.near

SmartPool.near democratizes AI investing. Pool your capital, let NEAR-powered AI manage funds, and enjoy quick liquidity. Empower everyone to benefit from a user-owned AI investment revolution.

Comment

Inspiration

The inspiration for SmartPool.near came from our mission at 255labs.xyz, to help people adapt to the AI age. We see AI powered businesses and funds exceeding human capabilities in the future, and we want to help people participate in the enormous value this can create.

Traditional businesses and funds:

  • Lack transparency
  • Suffer from lack of liquidity
  • Do not leverage AI at their core

We see a future a rapid rise of AI-driven businesses and we want anyone to be able to participate.

What it does

SmartPool.near lets anyone create or participate in AI-managed investment pools. Our first implementation focuses on prediction markets:

Core features:

  • Users can deposit/withdraw from pools using NEAR
  • Each pool mints SP tokens representing ownership share
  • AI analyzes opportunities repeatedly using NEAR.AI
  • Smart contracts handle all token operations and pool management
  • Platform tracks pool performance

For example:

  1. User deposits NEAR into "Sports Prediction Pool"
  2. Smart contract mints corresponding SP tokens
  3. AI researches and executes predictions in the market continuously
  4. User can withdraw anytime
  5. Oracle handles closing positions and distributes earnings

Each SmartPool has its own SP token, strategy, and AI agent while sharing the same underlying infrastructure. This creates a framework that can support various AI-driven investment strategies.

How We Built SmartPool.near

It's at https://github.com/255bits/smartpool.near

We built SmartPool.near using:

  • Rust smart contracts on NEAR
  • Next.js frontend with postgres backend
  • Oracle in python
  • NEAR AI agent in python
  • Deployment with terraform, docker, docker-swarm

Challenges we ran into

Several significant challenges emerged during development:

  1. AI Integration Complexity

    • Ensuring reliable AI analysis within time constraints. The prompting specifically took a while to get to a reliable state.

  2. Smart Contract Architecture

    • The smart contract deploying another smart contract was difficult to piece together and we initially went down other routes.

  3. System Design

    • Figuring out where the cut points are for a complex system like this.

  4. Vision

    • Understanding what a liquid ai-agent led business could accomplish now and in the future.
    • Creating 'levels' of ai capability for smartpools helped us to narrow on what could be accomplished for the hackathon.

Accomplishments that we're proud of

  • Smart contract factory system for multiple pools
  • Reliable AI prompting for prediction markets
  • Full NEP-141/145 token implementation
  • Scalable architecture for future AI capabilities

What We Learned

We learned a lot building SmartPool.near, including:

  • Advanced rust smart contract development on NEAR. Our 'controller' smart contracts deploys 'pool' smart contracts.
  • The limits of current AI by asking it to complete complex tasks that crossed systems
  • NEP-141 token implementation, NEP-145 implementation
  • NEARAI intricacies
  • How prediction markets work

What's next for SmartPool.near

We believe SmartPool.near represents a crucial piece of infrastructure for democratizing AI-powered investments, making the benefits of AI automation accessible to everyone.

We think SmartPool.near can be a viable alternative to current top down organizations. Long term, by having AI lead development and liquidity efforts we believe this can change how common infrastructure and services work at a fundamental level.

We want to continue building SmartPool.near to prepare for stronger AI agents while adding new forms of pools. We want to deploy to mainnet for when level 1 (expert level) agents are available.

Share this project:

Updates