Verafy v1: The Internet of Truth

The last two weeks have involved more rapid learning than at any time in my life. What began with a 5 minute tech demo demonstrating how it is possible to build a Community Notes for LLMs resulted in a memecoin launch, validator, LST and agent for fact checking social media posts, as well as a Truth Terminal for the same purposes.

Verafy was born. And now we have had a few moments to take a look around and discover what our mission and purpose is in the emerging DePin, and DeFAI landscape.

Agent technologies such as ElizaOS are proliferating, along with many new DePin and other innovation tools. Our objective is to combined these tools together, work with a broad ecosystem of innovators, to protect humans from AI using Good AI.

The majority of trading on Solana today is done by autonomous bots. We are now seeing bots enabled by LLMs creeping steadily into the public and cultural discourse. At this time they are mostly making semi-incoherent stochastic parrot comments and replies, but increasingly they are gaining followings of their own and finding ways to add value. We believe this process will only accelerate as we approach an “Internet of Agents.”

This Internet of Agents will be rife with fraud and abuse. AI will fool other AI and more. To combat the growing problems presented by this technology, our solution is to explore using good AI to check bad AI.

There are many dimensions to this problem.

• Community Notes for LLMs: Using AI to fact check other AI
• Agent Vaults: Autonomous trading strategies based on social signals using veracity tools
• Trusted Neutral LLMs: Hosting and evaluating LLMs using decentralized testing and storage methods including LLM report cards
• Agent Tools & Plugins: Collaborating with the broader technology ecosystem around agents to help build plugins that can unlock further innovation
• Depin & Storage Networks: Collaborating with decentralized storage and compute networks to develop and host trusted neutral LLMs
• DeFAI: Automated trading and financial management technologies
• Agent Frameworks: Possibly innovative new agent frameworks in the future combining the best of DePin and DeFAI
• Infrastructure Automation: Finding ways to natively automate RPC, Validator and Relayer infrastructure

Who we will work with:

• L1, L2, L0: Helping to build tools and frameworks to deploy trusted local DeFAI agents
• DePIN: Co-innovating DePIN solutions
• Developers: Tools to accelerate innovation in collaboration with partners

Chapter 0:

We have rapidly accelerated through chapter 0 of our initial phase over the last two weeks.

• Launch TruthChain, $truth memecoin
• Develop and launch the Vera agent
• Configure the Truth community on telegram
• Deploy TruthNode and truthSOL for LST
• Initial generative AI trailers

Here is what is coming next

• Verafy litepaper v1
• Further DeFAI market and tech analysis
• Signing initial partnerships and collaborations
• Launch upgraded brand and website
• Travel to mtndao and ETHDenver
• Announce Open Intelligence Forum at ETHDenver with ABKLabs and Bagel Network

Business Model

We are a hybrid DeFi-enabled AI Innovation project. Our business model is as follows:

• Validator Node (TruthNode)
• truthSOL Liquid Staking Token
• (Soon) xTruth ($truth staking pool)
• $truth token (memecoin)

We will explore generating an open source and DeFi ecosystem around Verafy which helps accrue value to the $truth token via mechanisms such as buyback and burn.

We will explore horizontal partnerships with peer technology partners looking to enable their networks with our technology.

We are expecting to find other methods along the way.

Our Technology

We began with Community Notes for LLMs, a technique using batched API calls to compare outputs from LLMs. Next we will explore plugin customization and further innovation around how to use DePin to host and share trusted neutral LLMs.

Our vision is a blockchain ecosystem which has native intelligence that is proven to be neutral and unbiased which can be used to perform tasks on behalf of end users.

Blockchain native factchecking, search, information sources, and more.

Agent Memory

We believe that the next frontier of innovation in blockchain will be agent memory. On chain fact storage and analysis, starting currently with OriginTrail, IQ, Xandeum and others will enable agents which not only remember but are also fed information known to be true.

Building the Internet of Truth

The Internet of Truth is our vision of the future. You should be able to search and find unbiased information built from the ground up on units of atomic verifiable facts.

The politicization of the Internet and institutions over the last few decades has shown the dire consequences of political tampering with information and structures. AI will supercharge the fight.

It is necessary to inoculate and rebuild the internet from first principals up. Rather than having Community Notes or Snopes or a corrupted media or WikiPedia to “fact check,” AI which is trusted and verifiably unbiased which is able to cite specific facts and evidence should be developed.

Our vision is a bank of atomic provable facts locked to the blockchain which can be used to reconstitute articles and information. This is the long term goal.

Bitcoin’s singular innovation is the solving of the Byzantine Generals problem where a set of nodes agree upon the state of a shared ledger.

We believe this innovation is identical to what is needed to create a pure and verified information ledger.

In the same way Bankers and accountants used to “check the books” to prove a set of transactions occurred before being replaced with blockchain technology, we believe that fact checkers and media editors and Wikipedia contributors will be replaced by networks of AI x Agent x Human editors.

New consensus algorithms are needed for the verbal / factual layer of the internet, only now possible due to improvements in AI. The alternative is the current state of the world: Individual companies and governments produce LLMs trained to be biased in various ways. AI consensus powered by open source is the alternative pathway.

Likewise, law codes and juries are Sortition and ruling methods of the past. In the same way that judges rule on legal ledgers (precedent), agent juries will rule on facts using consensus and fact ledgers.

We believe the solution to the problem of information politicization will be to use blockchains and evolve them in the direction of fact storage and verification tools.

Satoshi created the blockchain

Vitalik added smart contracts

We plan to add verbal / factual verification

That’s the goal.