Case Study

Annotating Web3 & Cryptocurrency Data for an AI Startup

Service

:

Text Annotation (Entity Extraction and Data labeling)

Industry

:

Fintech/Crypto

Location

:

United States

Overview

A U.S.based AI company building intelligent systems for the Web3 space needed high-quality labeled data to train and fine-tune its machine learning models. Their use case involved parsing, categorizing, and understanding blockchain-related text - including crypto transactions, smart contract descriptions, and community conversations.

Femote was subcontracted to deliver consistent and accurate annotations across complex, domain-specific content.

Project Scope

The project required us to:

  1. Label Web3-related text data from social media pages, identifying client-specified entities.
  2. Categorize content by topic and intent.
  3. Maintain terminology consistency across emerging and fast-changing Web3 language.

Our Approach

  • Domain-Aligned Team
    We selected annotators with experience in blockchain, crypto, and fintech to ensure contextual understanding.
  • Custom Labeling Guidelines
    Collaborated with the client to define clear annotation rules, edge cases, and examples, adapting as new terms emerged.
  • QA Workflow
    Integrated a multi-step quality control process, including QA review and regular audits, to ensure accuracy and adherence to guidelines.

Results

  • 10,000+ crypto-related data points labeled across 6 annotation types
  • 98.5% consistency score based on client's in-house model validation
  • Faster time-to-train: Improved initial training speed by providing structured data ahead of schedule
  • Model performance uplift: Labeled data contributed to a 12% improvement in entity recognition accuracy in early-stage model evaluation

Conclusion

Web3 data is evolving rapidly, and training AI to understand it requires a partner who’s adaptable, accurate, and informed.

At Femote, we bring domain knowledge, annotation expertise, and a commitment to quality that helps AI teams build smarter systems.

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