Author: Haotian
It is possible that everyone feels that this round of AI Agent narrative advancement is very similar to the Inscription track since 2023, not completely equivalent to compare, which is very Make Sense. I think we can at least transplant the historical experience of the Inscription track to the AI Agent track, and sort out some potential development evolution logic and investment opportunities:
The beginning of the "asset issuance" narrative bubble
Undoubtedly, whether it is the Inscription, AI Agent or the previous NFT track, the narrative evolution is catalyzed by the FOMO emotion of "asset issuance", after all, it is too early, no one can figure out what the future use of these rapidly circulating tokens will be, but perhaps because of this, information asymmetry will generate a potential "wealth effect". This will drive the FOMO emotion to spread like a snowball, creating a "bubble" situation where more and more meaningless tokens are born as more people seek the wealth code. This is actually hard to avoid, and is in fact the engine that drives the emergence of bull markets.
For example, the Inscription track initially hyped BRC 20, apart from the novelty and fun, the core selling point was the scarcity hype of "first is first", with the logic of competing for the first and second place narrative pioneers. The AI Agent is no exception, initially hyping the AI interactive dialogue AI Agent, with the same MEME properties as Goat, act, fartcoin, and a similar script, revolving around the MEME war of competing for the first and second place, which is still unknown whether the dust has settled.
Of course, the asset issuance narrative of the AI Agent is much stronger than the Inscription, at least with some utility application properties, whether it is dialogue interaction, image and text generation, or on-chain transaction scenarios, and the question of whether a single application scenario can support a FDV of hundreds of millions.
But what I want to remind you is that AI Agent has natural application properties, so the process of application maturity in the track is also a process of constantly stripping away MEME-ization. If you have to choose MEME, just find the one that can best represent the cultural attribution of the AI Agent.
The grand drama of "framework standards" competition
When the MEME-ized pure financial nihilism "asset issuance" narrative evolves to a certain stage, it will be transformed into a technology-empowered landing narrative, and a longer cycle of competition will be launched around the differences in technology standards and framework protocols.
Looking back at the appearance of ARC 20, SRC 20, DRC 20, Runes protocol and other public chain Inscription engraving pressure test battles, isn't it very similar to the current framework and standard chaos between ELIZA, ARC, Virtual, Vvaifu, zerobro, Griffain, Swarms and others?
In this process, the track's hotspots will continue to be refreshed, the same capital will keep rotating, and communities around technology will also emerge, and even some quarrels and verbal battles will not be lacking.
The so-called existence of the technical chaos is mainly because at this stage, it is difficult for the technology to prove its superiority and inferiority, and the information such as the number of Github repo forks, the number of stars, the background of the initiators, and the mysterious warehouse operators' participation cannot resist the huge fluctuations of the projects, because you don't know which information is mixed with impurities.
However, since it is the internal competition of technical superiority standards, technical quality must occupy the "first place". In the process of sorting and analyzing the technical framework, characteristics and advantages of new projects, I am also a kind of "technical screening", although it may not be accurate, but at least it can avoid being misled by some MEME coins disguised as technology. The logic is simple, the threshold for faking technology projects is not low, the challenge is the aesthetic preferences of the entire developer community, and it is impossible to try to harvest with a fancy website.
In general, the manifestation of this stage in the market is "hot spot rotation", mixed with various fraudulent projects, but fortunately, the projects that can attract attention by selling technical quality are generally not bad. Of course, don't FOMO for missing a new project, FUD will definitely come (the fate of speed reading), and there will definitely be opportunities to get on board in the process of huge fluctuations. Even if you miss it, you have to believe that there will definitely be a better one than it. At this stage, playing coins with the mentality of a scumbag is definitely not wrong.
There's no help, even the most perfect framework standard design is just an idea at the beginning, no different from raising funds through white papers in the ICO era, the best logic is to compete in the ability to digest and understand information, believe that the market is still innovating and iterating, and believe that better technical frameworks will emerge.
As long as you select a project with good quality, continuous iterative progress, and a reasonable MCAP, and then wait patiently for the gift of time.
The "chain integration" fusion stage of AI Agent
The Build around the AI Agent technical standard framework is the prerequisite for the "chain integration" of the AI Agent, a key question, ELIZA, ARC, Swarms and other framework standards are all for the purpose of quickly deploying AI Agent, building powerful AI Agent performance, and then allowing AI Agent to better serve people. Following this logic, it will be found that the AI Agent in the web3 domain cannot stay at the level of text and image interaction, is it just for entertainment?
For the AI Agent to lock in the native characteristics of Crypto, it must embrace the "transaction characteristics". How to fully integrate the AI Agent's automated indexing of knowledge, information processing, and optimal decision-making capabilities with the automation and composable calling features of on-chain smart contracts is the vision that the AI Agent needs to achieve in order to integrate with the blockchain.
Moreover, the AI Agent's own Memory storage problem and the problem of multi-modal interaction resource optimization and trusted interaction, etc., also need to rely on the public, transparent and decentralized characteristics of the blockchain to complete. Not to mention the benefits brought by the Tokenomics incentive feature. Therefore, it can be said that the AI Agent will definitely be "chain integrated".
Recalling that after several waves of the Inscription asset issuance narrative, the market finally arrived at the narrative of VC and developers successively deploying BTC layer 2 infra to seek value application landing.
The AI Agent will be the same, after experiencing a long period of asset issuance PVP and framework standard chaos, there will be a large number of old infra chains embracing the AI Agent, and some infra that provides chain integration services for the AI Agent will also be born. At that time, decentralized AI will truly Pump and become a DeFi Summer level track.
As a small scattered investor, you must be very anxious, is it going to let the retail investors be cannon fodder in the bubble narrative, and finally leave the fruit picking to the VC? In fact, not at all, because the AI Agent's MEME-first, community-building Build path and the past logic of VC giving projects phased investment and then delivering expectations to the market for the final TGE are completely different.
VC will definitely enter the field with a big sword, but they may change the way of playing. Perhaps the way of MEME coins taking the lead and then subsequent technology application empowerment will become the new normal of Tokenomics.
