As Bitcoin breaks through $100,000, the crypto market can be considered to be in a bull market. In the investment (crypto trading) world, there is a saying - "Don't trade old, trade new". This is because new projects usually have new ideas or narratives, and have more opportunities to attract capital compared to old projects. Therefore, when the bull market arrives, those who can grasp the emerging tracks have a better chance of profiting in the bull market.
What is an AI Agent?
Among them, the hot topic of "Artificial Intelligence" (AI) is definitely at the forefront this year, whether it's the new AI features launched by giants like Google and OpenAI, or Apple's new generative AI system Apple Intelligence launched with the system update. Recently, one of the emerging topics in crypto is "AI Agent", which is related to artificial intelligence, but what exactly is an AI Agent?
Further reading:If you missed the AI stocks led by Nvidia's Jensen Huang, don't miss these 3 AI crypto
An AI Agent refers to the first step of "strong AI" that can learn like humans and flexibly apply knowledge in various fields. The AI tools we commonly use now, such as ChatGPT, still need to generate responses through data analysis and human training. In contrast, an AI Agent can autonomously absorb knowledge, perceive the environment and give corresponding responses, and improve its own behavior based on experience and data.
So what crypto projects are related to AI Agents?
ai16z, inspired by the founder of the renowned crypto VC a16z
First, let me introduce a crypto that must be recognized in the AI track - $ai16z. ai16z is a DAO (Decentralized Autonomous Organization) fund that aims to use AI to make investment decisions.
What is a DAO? Recommended reading:What is a DAO, and why is everyone talking about it? Understand the new organization on the blockchain in 5 minutes
Friends who follow blockchain projects, do you feel like the name of this project is familiar?
That's right, it's the famous crypto VC firm a16z! Do they have any connection with the VC firm a16z? Apart from having an AI agent named "Marc AIndreessen" (the founder of a16z is named Marc Andreessen) responsible for investment decisions, the two are actually not related at all. But ai16z hopes to build an AI Agent that surpasses Marc Andreessen to provide quality investment decisions for everyone.
GAUNTLET THROWN pic.twitter.com/ohjxLYBd9v
— Marc Andreessen 🇺🇸 (@pmarca) October 26, 2024
They have developed an open-source framework called "Eliza" that allows developers to build AI Agents in the real world. In addition, projects developed using Eliza need to allocate 5% of their tokens to the ai16z DAO, which is why ai16z has been continuously attracting attention. It has surged 48,000% in less than two months, and its current market cap has already exceeded $900 million!
After introducing one project, this article will temporarily conclude here to avoid being too long and difficult to digest! Despite the prosperous development of the AI industry, although the future is still uncertain and it cannot be guaranteed that AI will play a role in various industries, there is no doubt that AI is still a hot field at the moment.
If AI Agents really succeed, the impact on humans will be huge. In the next article, I will introduce two other AI Agent projects, one of which is the recent hottest AI meme coin $GOAT, and how it has risen, so please move on!
( * The content of this article does not constitute any form of investment advice.
Any investment has risks, please research and consider carefully before deciding! )
〈AI Agents Sweep the Crypto World (Part 1) | What is the AI Agent Crypto $ai16z?〉This article was first published on《NONE LAND》.
