Trading robots are a track and tool that have emerged recently. It does not mean that it is a new thing. Many people who read this article may have experienced trading robots before. If you have not experienced it, it doesn’t matter. After reading this article, you will have a general understanding of it~

To be precise, it should be TG BOT. It is a robot "plug-in" based on the Telegram social application that meets trading needs. Compared with the traditional on-chain ecology, it is undoubtedly more lightweight. As a relatively new track in the market, it is also easy to attract widespread attention and "FOMO" in the market. #DeFiChallenge #Crypto交易机器人的体验

There are already many derivative robots on the market, and their use cases are no longer limited to the Telegram application, but have begun to spread to X (formerly Twitter) and Discord.

As early as 2021, I have experienced this type of robot application. At that time, it was a function launched by a certain exchange to send red envelopes among communities to promote user stickiness. I never expected that two years later, at the end of the bear market, this concept would be hyped and even occupied a considerable influence in the market~

1. How do I view this track?

One that can lower the threshold for users to enter the web3 world and participate in transactions and better meet the needs of the general public can be said to be a necessary condition for a phenomenal product.

TG BOT undoubtedly meets this requirement, but I would rather attribute the explosion of TG BOT to [randomness]. Even many concept explosions in the market are highly random. I don’t want to delve into whether there are experts or dealers behind it, but as a user who has experienced this product two years ago, I really have a sense of absurdity.

• So much so that some people who have not known about this project model before may find it very novel~

The competitive advantage of this model is actually its [lightness], and this lightness is based on DEX. It can further lower the user's usage threshold. Behind it is still the interaction between smart contracts and blockchain, and at the same time it drives the transaction activity on the chain through integration.

2. I look at competitiveness

But this model also has a problem: the moat is not deep enough. Simply put, the model is very easy to copy and there are no technical barriers. This is why I said it feels "absurd" above.

Take the leading project UniBot for example, it can almost be said to be a DEX aggregator, which only implants functions into social scenarios. For UniBot, its competitive advantage may only be the first-mover advantage, because the outbreak of this concept is inseparable from it. Even now, when people in the market mention TG BOT, they can only think of UniBot temporarily. This is a situation that is deeply rooted in people's minds and preconceived.

Therefore, even if it may not be the first project to create this model, it still does not affect its deeply rooted image as the leader in the sector. It’s like, many people in the market don’t know: BTC is not the first cryptocurrency, but this does not affect BTC being called the "ancestor of cryptocurrency"

3. I look at the future of the model

I would like to briefly summarize at least my understanding of the UniBot project. Two sentences are enough:

(1) Provide users with a smooth user experience in TG applications

(2) “DEX” applet for social applications

The above two sentences almost summarize the underlying logic of UniBot and similar competing products. Of course, there are many TG BOTs on the market that meet other needs~

Therefore, we can boldly imagine and assume what the future development direction of this concept or track will be? Is the satisfaction of transaction needs the only right way for this project? It can be said that the TG BOT track belongs to both DeFi and SocialFi, and because of the emergence of diversified BOTs, this track will be more inclined to SocialFi.

After all, if there is no social scene, there will be no corresponding demand. It can basically be said that this track is established based on the social scene.

After all, if we only talk about the need for smooth transactions, not to mention DEX, the current mainstream centralized exchanges can all achieve these, but what the exchanges cannot achieve is just meeting transaction needs in social scenarios.

I need to add that: in fact, exchanges can also embed this function into social scenarios, but I seldom see mainstream exchanges doing this, or I have not come into contact with it. As I said above: I used TG BOT two years ago, and it was a function launched by a small exchange at that time~

Finally, I don’t know where TG BOT will go in the future, and I don’t know whether it can continue, but what I can be sure of is: if this track continues to develop, it will definitely not be as simple as just meeting the transaction needs in social scenarios. Demands that can appear in social scenarios, such as games and answering questions, will also flourish in the TG BOT track!