Chama
Chama is dedicated to making cryptocurrency accessible, understandable, and engaging for everyone, particularly for individuals who may lack the resources or expertise to keep up with this rapidly evolving market. Named after the Portuguese word for "flame" or "bright light," Chama represents our mission to shed light on financial literacy within the crypto world.
Impact on Users
Chama’s platform empowers users to make more informed, data-driven decisions in the cryptocurrency market. By providing real-time insights, contextualized explanations, and tailored recommendations, Chama makes cryptocurrency knowledge accessible to all. Users can confidently track trends, understand market dynamics, and receive actionable insights—all within a single app. Our interactive tools and AI-driven analyses demystify complex crypto concepts, helping beginners learn and allowing experienced users to gain deeper insights into the market.
Key Features Powered by Advanced Technologies:
Interactive Candlestick Graph: Chama’s interactive candlestick chart offers users real-time cryptocurrency values across multiple coins. For each price fluctuation, we use data from Gemini to generate relevant summaries of news or events influencing the changes. Additionally, live data from the Polygon API ensures users gain actionable insights with an up-to-date, comprehensive view of market trends.
AI Chatbot for Real-Time Insights: The Chama chatbot, powered by AI, delivers real-time crypto market insights. Designed to accommodate all experience levels, it answers user queries, provides personalized explanations, and visualizes trends. By simplifying complex topics for beginners and offering advanced insights for seasoned users, our chatbot makes cryptocurrency knowledge accessible for everyone.
Sentiment Analysis: Chama performs sentiment analysis on thousands of news articles and social media posts to assess the market mood. It classifies sentiment as bullish, bearish, or neutral, helping users gauge the overall tone and make well-informed investment choices based on current sentiments.
News-Informed Buy/Sell Recommendations: Using aggregated sentiment and news data, Chama offers users buy or sell recommendations for cryptocurrencies. By contextualizing market shifts with news-driven insights, Chama helps users decide when to make trades based on real-time events and sentiment.
Live Price Streams: Integrating live price feeds from multiple exchanges, Chama consolidates the latest prices for a seamless experience, eliminating the need for multiple apps and allowing users to monitor trends efficiently.
Technologies Behind Chama:
Data Collection and RAG-Enabled Live Updates Chama’s data-driven tools are trained on over 34,000 data points scraped from the internet, providing a robust foundation for analyzing market trends. With Retrieval-Augmented Generation (RAG), Chama constantly refreshes its news data with live updates, allowing the platform to fetch and process relevant information from diverse sources in real-time. This ensures that news-driven insights remain timely and accurate.
Enhanced Storage and Inference with LanceDB and LlamaIndex on Databricks: To manage embeddings efficiently and support scalable, seamless deployment, we use LanceDB and LlamaIndex on Databricks. This setup accelerates inference speed and optimizes the storage of embeddings, allowing Chama to deliver timely and data-rich insights without compromising performance.
OnChainKit: Through the OnChainKit, Chama allows users to buy cryptocurrencies directly within the app and provides secure login functionality, making it easy for users to engage with the crypto market while staying within the app.
Data from Gemini: For market summaries on the candlestick chart, Chama leverages data from Gemini. This integration provides users with insight into how specific news events impact cryptocurrency prices, adding an extra layer of contextual information to each price movement.
Polygon API: Chama’s candlestick charts display live data from the Polygon API across all supported cryptocurrencies, ensuring users have access to accurate, timely price tracking.
In Summary: Chama combines advanced technologies and real-time analytics to demystify cryptocurrency, guiding users of all experience levels towards informed decisions in the crypto space. By delivering timely insights, accessible explanations, and relevant recommendations, Chama illuminates the path to financial literacy and empowers users to confidently navigate the world of cryptocurrency.