Theoriq is a decentralized protocol that combines artificial intelligence and blockchain technology to build an ecosystem where AI Agents can interact and work together.
What is Theoriq? Infrastructure for multi-Agent AI
Introduction
AI Agent is perhaps no longer an unfamiliar term to the cryptocurrency investment community, as we have recently witnessed the strong rise of this product group. Although a series of projects have been launched with diverse applications, there are still some concerning limitations such as data security risks or difficulties in interaction between agents. This not only creates obstacles in terms of trust, but also limits the self-development of AI, and thus the need for a decentralized AI ecosystem becomes a necessary issue.
In this article, we will explore Theoriq, a pioneering solution in building a decentralized infrastructure layer for multi-AI Agents.
What is Theoriq?
Theoriq is a decentralized protocol that combines artificial intelligence and blockchain technology to build an ecosystem where AI Agents can interact and work together.
Theoriq allows users to build, deploy, and profit from AI Agents through a community-governed marketplace. With its on-chain multi-agent architecture, the project creates conditions for agents to collaborate, optimize tasks for multi-domain solutions such as DeFi, GameFi, Prediction Market, RWA, which we will explore in more detail in the following sections.
Products and Operating Model
Theoriq has 3 main products: Agent Base Layer, Infinity Studio, and Infinity Hub. Before going into the details of each Theoriq product, we need to clarify some related concepts.
First, about AI Agents, they are software built on AI models with the ability to operate automatically, independently, and make decisions to serve a specific purpose.
AI Agents can be considered expert assistants in a particular field. However, for complex tasks, you need more than just an expert in one field, this is where Agent Collective comes into play. Agent Collective is a group of AI Agents collaborating automatically to accomplish a specific goal.
For example, to analyze market trends, you may need several AI Agents with different tasks such as:
Social Media Specialist: specialized in analyzing data on social media channels.
News Analyst: specialized in analyzing news related to the market
Data Analyst: specialized in analyzing market data such as capitalization, volume, on-chain data.
And a Router to distribute the work, and possibly a separate Agent to summarize and generate reports.
Example of Agent Collective
Using the Agent Collective will help leverage the specialization of each Agent, or in other words, the collective artificial intelligence, thereby improving efficiency and work results.
- Read more: Exploring the AI Agent Ecosystem
Agent Base Layer
Agent Base Layer is the core infrastructure layer in the Theoriq ecosystem, providing the necessary tools and standards for AI Agents to operate, communicate, interact, and even make payments to each other on the on-chain environment effectively.
In addition, the Agent Base Layer also integrates a performance evaluation mechanism for AI Agents, including:
Proof of Contribution: Each Agent's actions are tracked and recorded on the blockchain network, then measured and evaluated based on criteria such as computational effort, data accuracy, and usefulness.
Proof of Collaboration: Evaluating the efficiency, relevance, and quality of interactions between agents. The criteria include the level of coordination, the ability to work in harmony, the efficiency of computation, resource utilization, and the degree of task completion.
This evaluation mechanism will impact the incentive rewards in the protocol's native token.
Currently, there is not much information available about the Agent Base Layer, but the project's incentives testnet is connecting to the Optimism network.
Infinity Studio
Infinity Studio is designed to help users build, manage, and deploy AI Agents easily. Infinity Studio interacts with users through natural language (no-code) and drag-and-drop interfaces, allowing even non-programmers to create their own Agents.
Work session creation interface in Theoriq's Infinity Studio
Infinity Hub
Infinity Hub is a marketplace dedicated to AI Agents in the Theoriq ecosystem. This is where users, developers, and organizations can search for and trade AI Agents.
With the flexibility in its architecture, Theoriq can be applied to various cryptocurrency market segments, from DeFi, Prediction market, GameFi to RWA.
Theoriq's applications in the cryptocurrency environment
Development Roadmap
Theoriq's Development Roadmap
July 2024: Deploy Devnet.
September-October 2024: Testnets. However, the testnet is still ongoing until now. You can visit the website to experience the project and look for airdrop opportunities.
Late 2024: Deploy Mainnet.
2025: Deploy additional features such as AI Agent app chain, community governance, staking.
Development Team
Theoriq's development team includes many experts with experience in the fields of artificial intelligence and blockchain. Some key members include:
Ron Bodkin - CEO & Co-Founder: He has over 15 years of experience in data science, analytics, and machine learning. Before founding Theoriq, he worked at Google Cloud as a Technical Director for AI applications. He also served as Vice President at Teradata and Quantcast.
David Mueller - CPO & Co-Founder: He also has over 10 years of experience in applied AI and data science, including roles in product, technology, and services. Before joining Theoriq, he led the data science and engineering team at Coupang. He was also a product director at Teradata.
Arnaud Flament - CTO & Co-Founder: He has over 20 years of experience in software engineering and AI. Previously, he was a Vice President at Ripcord, a company developing machine learning software. He also built deep learning infrastructure for Teradata and has experience working at OpenText and EMC.
Some members of Theoriq
Investors
Theoriq has raised a total of $10.2 million across two funding rounds.
The first Seed round was in May 2024, led by Hack VC, raising $6.2 million.
The second Seed round was in September 2024, led by IOSG Ventures, raising $4 million.
Theoriq's funding rounds. Source: CryptoRank
Tokenomics
No information available.
Conclusion
In the context of the rapid development of the AI field in general and AI Agents in blockchain in particular, Theoriq is a name worth paying attention to. With a portfolio of highly applicable and futuristic products built by an experienced team, Theoriq hopes to be a promising project in the near future.
This is the complete content about Theoriq - Infrastructure for multi-Agent AI, and we hope this article is helpful in your research.
Note: The information in this article should not be considered investment advice, and Coin68 is not responsible for any investment decisions you make.
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