Daneel: AI-based Smart Assistant for Cryptocurrency Investment

What is Daneel

Friends, imagine in the world of cryptocurrency, filled with all kinds of information, news, and emotional swings, do you often feel at a loss, not knowing whom to trust or how to make judgments? Daneel (abbreviated as DAN) is like your personal “crypto assistant”—an AI-based smart assistant designed specifically for cryptocurrency investors.

Its main job is to help you process the massive amount of cryptocurrency information. Like a super-smart librarian, Daneel helps you search, browse, collect, and analyze information from various online channels, such as news, social media, professional media, etc. Then, it organizes this information, filters out unreliable “rumors,” and only provides you with high-quality, highly reliable information.

You can think of it as an intelligent partner you can converse with: you ask it questions about a certain cryptocurrency, and it provides you with data-driven assessments, even analyzing market sentiment to tell you whether the general view on a coin is positive or negative.

Project Vision and Value Proposition

Daneel was created to solve a very common problem in the cryptocurrency market: information overload and information asymmetry. Just like when we surf the internet, all kinds of news flood in, making it hard to distinguish truth from falsehood—especially in the highly volatile crypto market, where a single piece of wrong information can lead to significant losses.

Daneel’s vision is to “democratize” cryptocurrency investing, allowing ordinary investors to access professional-level market insights and analysis, instead of being troubled by noise and fake news. It aims to be a reliable partner, helping users manage all information in their daily crypto activities, assisting them with operations, getting updates, and analyzing market sentiment.

Unlike some simple chatbots on the market, Daneel emphasizes that it is built on IBM’s “Watson” technology, which is very powerful in natural language processing and data analysis. This allows Daneel to understand and analyze information more deeply, not just aggregate data.

Technical Features

Daneel’s core technical advantage lies in its application of artificial intelligence, especially IBM Watson technology.

AI and Natural Language Processing

Daneel leverages the powerful capabilities of IBM Watson to understand your questions, just like you’re talking to a real person. It can process natural language, which means you don’t need to use complex commands—just ask in everyday language, and it will find the most suitable information for you.

Data Collection and Analysis

Daneel acts like a diligent detective, collecting information from various online channels (news sources, social networks, professional media, etc.). After collecting the information, it classifies, organizes, and ensures the reliability of the data. For example, it scores information based on the validity of the source and the speed of news dissemination, judging which are important, which are rumors, and what impact this information might have on prices.

Market Sentiment Analysis (Social Emotion Indicator)

This is a very interesting feature. Daneel can analyze messages on social media to determine the general sentiment towards a certain cryptocurrency. Imagine having a giant “sentiment radar” that helps you sense whether the market is in “panic” or “frenzy”—this is very valuable for investors.

Trust Rating and Price Prediction

Daneel calculates a “trust rating” from 1 to 10 based on all the information it collects (including prices, news, social networks, etc.), reflecting the reliability of a cryptocurrency at a specific point in time. In addition, it can provide price predictions for up to 6 hours, and reportedly, its reliability score in backtesting is between 80-85%.

Machine Learning

Daneel is a system that keeps learning. It continuously optimizes and improves its answers based on user questions and interactions. The more users, the more it learns, and the more accurate its answers become.

Decentralized Architecture Vision

Although the project may not be fully decentralized in its early stages, Daneel’s long-term vision is to build a decentralized architecture, distributing data storage and analysis nodes worldwide to meet the needs of massive data processing and provide fast, efficient services.

Tokenomics

The core token of the Daneel project is DAN, which plays an important role in the entire ecosystem.

Basic Token Information

• Token Symbol: DAN
• Issuing Chain: DAN is an ERC20 token issued on the Ethereum blockchain.
• Total Supply: The total supply of DAN tokens is 69,320,719.
• Circulating Supply: There are discrepancies in circulating supply from different sources. CoinMarketCap shows a self-reported circulating supply of 0 DAN and a market value of $0. CoinFi’s data from November 2025 shows 20,242,358 DAN tokens in circulation. This discrepancy may indicate issues with the project’s current activity or market data updates.

Token Utility

DAN tokens are the “ticket” to use Daneel’s smart assistant services. Users need to use DAN tokens to subscribe to Daneel’s monthly, quarterly, or annual services to enjoy all its features, such as real-time information, market analysis, sentiment indicators, and alerts. In addition, outstanding traders in the community may also be rewarded with DAN tokens.

Issuance Mechanism

The Daneel project conducted an initial coin offering (ICO) from late 2017 to early 2018. In the presale phase from December 4 to December 8, 2017, 5 million DAN tokens were sold. Then, during the official ICO from December 27, 2017 to January 24, 2018, another 40 million DAN tokens were sold. The entire ICO raised about $2,667,414.

Team, Governance, and Treasury

Core Members and Team Features

The co-founder and CEO of the Daneel project is Joseph Bedminster. During the ICO, Selim Rinaz, Alexandre Lacour, and Jean Hugues Lauret were also listed as key team members. Joseph Bedminster has a background in software engineering and extensive experience in AI, conversational assistant technology, and big data, having worked with major companies like IBM. The team’s cooperation with IBM also brings technical advantages to the project.

Governance Mechanism

According to available information, Daneel appears to be more of a company-led project operated by the core team, rather than adopting a decentralized autonomous organization (DAO) or other community governance models. The whitepaper and related materials do not detail any specific decentralized governance mechanisms.

Treasury and Funds

The Daneel project raised about $2,667,414 through its ICO. These funds were mainly used for project development, operations, and marketing. There is no detailed public information about the specific management of the project treasury or the “runway” (sustainable operation time) of the funds.

Roadmap

The Daneel project had some clear plans and milestones in its early days, but since most information is concentrated in 2017-2018, there have been few detailed roadmap updates since then.

Key Historical Milestones and Events

• December 4 - December 8, 2017: DAN token presale phase, with 5 million DAN tokens sold.
• December 27, 2017 - January 24, 2018: Official ICO, with 40 million DAN tokens sold during this period.
• January 28, 2018 - March 4, 2018: End of the entire ICO phase, raising about $2.66 million in total.
• Strategic Partnership with Cryptorobotics: Daneel established a partnership with Cryptorobotics to obtain a continuous stream of trading data, enriching its services and improving prediction accuracy.

Future Key Plans and Milestones (Vision)

• Expanding Product Scope: The team has stated that in the future, the product scope may be expanded beyond cryptocurrency and finance, such as applying it to marketing, leveraging its big data and AI processing capabilities.
• Decentralized Architecture: Daneel’s long-term vision is to build a decentralized architecture, distributing data storage and analysis nodes globally to provide fast and efficient services and meet the challenges of massive data.

Common Risk Reminders

Investing in any blockchain project carries risks, and the Daneel project is no exception. Here are some common risks to be aware of:

Project Activity and Operational Risk

Most public information about Daneel is concentrated in the 2017-2018 period. Currently, CoinMarketCap shows a circulating supply of 0 DAN and a self-reported market value of $0, which is significantly different from CoinFi’s November 2025 report of 20,242,358 in circulation. This inconsistency and lack of recent updates may indicate that the project is no longer active, or its operations and market attention have dropped sharply, or it may have ceased development. The status of “Daneel Project Website” on SourceForge is “Under Construction,” which may also suggest the project website has not been updated for a long time or has been abandoned.

Technical and Security Risks

Although Daneel claims to use advanced AI technologies such as IBM Watson, continuous updating, maintenance, and optimization of AI models require significant resources. If the project team is no longer active, these technologies may not be updated in time, leading to a decline in analytical capabilities and accuracy. In addition, any AI and big data analysis system may face risks such as data source reliability, algorithmic bias, and potential cybersecurity vulnerabilities.

Economic Risks

The value of DAN tokens is closely tied to the usage and market demand of the Daneel platform. If the number of platform users decreases or the project ceases operation, the token’s value may drop sharply. The cryptocurrency market itself is highly volatile, and token prices may be affected by macroeconomics, regulatory policies, market sentiment, and other factors, with the risk of going to zero.

Compliance Risks

The global regulatory environment for cryptocurrency and AI is still evolving. As an AI assistant providing financial information and analysis, Daneel may face compliance challenges in data privacy, financial advice, AI ethics, and other areas in different countries and regions in the future.

Please note: The above risk reminders are not exhaustive. Cryptocurrency investment is highly risky, and you may lose all your investment. This introduction does not constitute any investment advice.

Verification Checklist

It is crucial to conduct independent verification when considering any cryptocurrency project. Here are some key pieces of information you can check yourself:

• Block Explorer Contract Address: The contract address for Daneel (DAN) is
  0x9b70...faa5ee
  . You can check this address on Ethereum block explorers (such as Etherscan) to view the token’s transaction history, holder distribution, total supply, and more.
• GitHub Activity: Check if the project has a public GitHub repository and evaluate its code commit frequency, issue resolution, and community contributions. An active GitHub repository is usually a good indicator of ongoing development and maintenance. No direct GitHub link is provided in current search results, but SourceForge mentions “Daneel Project Website. Under Construction,” which may suggest low or ceased codebase activity.
• Official Website: Visit the project’s official website
  daneel.io
  to check for the latest information, team updates, product progress, and community announcements. Please note that since most information is early-stage, the website content may be outdated or inaccessible.
• Community and Social Media: Search for the project’s official accounts on Twitter, Telegram, Discord, Medium, and other social media platforms to understand the activity of community discussions, team-community interactions, and whether there are any recent project updates.
• Audit Reports: Check whether the project’s smart contracts have undergone third-party security audits. Audit reports can assess the security of smart contracts and reduce potential vulnerability risks.

Project Summary

As an early attempt to apply artificial intelligence (especially IBM Watson technology) to cryptocurrency market analysis, the Daneel project was originally intended to solve problems investors face such as information overload, fake news, and market sentiment swings. It aims to help users make wiser investment decisions by providing reliable data, market sentiment analysis, and personalized advice.

From a technical perspective, Daneel leverages advanced natural language processing and machine learning capabilities to extract valuable insights from massive information and offers unique “trust rating” and price prediction features. Its token DAN serves as a subscription credential for platform services, forming its early economic model.

However, it should be objectively noted that most public information about Daneel is concentrated in 2017-2018, which is quite a long time in the fast-evolving crypto space. Current market data (such as CoinMarketCap’s report of zero circulating supply and market value) suggests the project may no longer be active or has ceased operation, which conflicts with CoinFi’s reported circulating supply. This means that, despite its forward-looking vision and technical concepts at the time, the project may not have continued to develop or adapt to market changes.

For anyone interested in the Daneel project, it is strongly recommended that you conduct in-depth independent research (DYOR). Be sure to consult the latest official materials (if still available), assess its current activity, technical progress, and community support, and fully recognize the inherent risks of cryptocurrency investment. This introduction is for informational purposes only and does not constitute any investment advice.