Author: Xiyou, ChainCatcher
Editor: Nianqing, ChainCatcher
Last week, the world's largest exchange Binance spot listed three AI track tokens: AIXBT (Aixbt), CGPT (ChainGPT) and COOKIE (Cookie). It is worth noting that CGPT and COOKIE both come from the BNBChain ecosystem, which has caused the crypto community to begin to focus on the AI projects in the BNBChain ecosystem.
In 2024, BNBChain proposed the strategic vision of "AI First Chain", aiming to integrate AI into every aspect of business decision-making and ecosystem development, and strive to build BNBChain into an innovative place where AI and Crypto are deeply integrated.
Over the past decade, the Internet industry has successfully transformed from "Web First" to "Mobile First", reshaping the lifestyle and consumption habits of a generation. Now, as the fourth industrial revolution in human history, AI is reshaping the landscape of human society and the new business landscape with unprecedented force, driving the great migration from "Mobile First" to the "AI-First" era.
Li Kaifu once predicted that the technological revolution brought by AI will be 10 times greater than the mobile Internet, and all the various Apps we are familiar with today will be reconstructed by AI.
Currently, Solana and Base have already produced a large number of AI assets, but the AI track is by no means a zero-sum game. As the AI trend becomes clearer, the entire industry is working together to promote the deep integration and substantive landing of AI in the Crypto field, capturing the potential market worth trillions of dollars.
On this long and wide "snow slope", the snow is deep, providing a good opportunity for those with patience and long-term thinking to roll a big snowball.
Against this background and judgment, the BNBChain "AI First" development philosophy comes from here.
The Embryonic Form of the BNBChain AI Ecosystem Has Emerged
Currently, the development of the BNBChain AI ecosystem has achieved initial results, with more than 50 active projects closely related to the AI ecosystem successfully deployed on the chain, covering the core links of AI data collection, labeling, storage, decentralized GPU computing power and other infrastructure, as well as specific subdivision application fields such as AI Agent.
In the recently high-profile AI Agent field, BNBChain has representative AI Agent Framework products such as MyShell and Revox.
Currently, the AI ecosystem matrix on the BNB Chain has deeply penetrated and comprehensively covered the key links of the AI ecosystem chain - "data, computing power, and algorithms", forming a complete closed loop from data input, computing power support to practical application. This closed loop will greatly enhance the collaborative development between products and promote the common prosperity of the entire ecosystem.
At the infrastructure level, there are Web3 data platforms such as Gata and Alaya AI, which can provide AI models with massive and high-quality training resources to help the models continuously optimize and upgrade.
At the same time, the decentralized computing power platform NetMind also provides strong support for the training and inference process of AI models, ensuring the efficiency and stability of the computation.
In terms of practical applications, there are AI Agent products in various application scenarios, as well as creative products such as Meet48 and NFPrompt.
Representative AI Projects in the BNBChain Ecosystem:
AI Agent Projects:
1. AI Robot Platform MyShell
MyShell has built an AI consumption application layer that connects users, creators, and open-source AI researchers. By providing a complete set of AI Agent robot creation tools, it allows users to easily discover or create various AI Agent-based applications or robots, such as voice chatbots, language learning assistants, image generation tools, etc. It was also one of the selected projects for the MVB Season 6 incubation program of BNBChain and Binance Labs in 2023, and completed a $5.7 million seed round financing in December of the same year at a valuation of $57 million.
In March 2024, MyShell announced the completion of a $11 million Pre-A round financing, with investment institutions including Dragonfly, Delphi Digital, Bankless Ventures, etc. In August, it announced further investment from Binance Labs.
2. AI Agent Basic Platform REVOX
REVOX is committed to building the infrastructure for AI Agents, providing developers and users with a complete solution to support the construction and innovation of decentralized AI applications through modular agent empowerment. On the BNB Chain, it has launched the REVOX Studio Zero Code AI Agent development platform, and was selected as a project for the MVB Season 8.
3. DeAgentAI: AI Agent Creation Platform
DeAgentAI is an innovative decentralized AI Agent network that provides users with a comprehensive solution for building, optimizing and upgrading AI Agents, allowing users to easily create and deploy personalized AI Agents.
In August 2024, DeAgentAI completed a $6 million seed round financing, attracting participation from well-known investment institutions such as Web3.com Ventures, Waterdrip Capital, CatcherVC and Tido Capital.
4. Termix: AI-Driven Web3 Operating System
TermiX is an AI-driven Web3 operating system aimed at simplifying user on-chain operation processes through AI tools. For example, users can use TermiX to create complex transaction execution bots, and can automatically complete the complex transaction process by simply inputting simple buy and sell transaction instructions. In August 2023, it won the first prize in the BNBChain Hackathon project.
5. Bad Idea AI (BAD): Experiment on the Fusion of AI and DAO
Bad Idea AI (BAD) is an experimental project exploring the fusion of AI and DAO, aiming to explore whether AI can share decision-making power with humans, and whether crypto projects can use AI Agents to manage tokens and make decisions.
At the same time, the Bad Idea AI platform also supports developers to customize AI Agents, and the AI Agent virtual person SARAH is created based on this platform. SARAH is not only a chatbot, but can also be used for voice-based interviews and other applications.
AI Infrastructure Services:
1. Decentralized Computing Power Platform NetMind
NetMind is a decentralized AI computing power platform that aims to solve the problem of insufficient computing power in the field of AI and machine learning by utilizing distributed idle GPU and CPU resources. This project was selected for the MVB Season 7.
2. AI Smart Tool Platform ChainGPT
ChainGPT is an artificial intelligence model specifically developed for the Web3, blockchain and crypto field, supporting developers to create AI tools for smart contract generation, NFT creation, crypto trading models and on-chain data analysis. It was successfully selected for the Binance Alpha Season 3 project list. The token CGPT has been listed on the Binance spot trading platform.
Representative AI Application Products
1. AI Content Creation Platform NFPrompt (NFP)
NFPrompt (NFP) is an AI-driven NFT content generation platform that can provide creators with AI-powered content creation services for images, videos, pfps, music and other forms, allowing users to easily create amazing works through prompts and one-click NFT minting. The project was selected for the MVB Season 6 incubation program in September 2023, and the NFP token was listed on Binance. In March 2024, it announced investment from Binance Labs.
2. AI-Driven Virtual Idol Meet48
Meet48 is an AI-driven virtual idol fan economy metaverse social platform that integrates virtual idols, games, AIGC content generation and other product matrices. Among them, the developed AIShowBox is a set of AI virtual character production tool kits, which can help users conveniently create their own virtual idol images and engage in UGC virtual performance creation and development. In the future, it will launch idol AI Agents and open up live streaming tipping functions.
In October 2024, Meet48 was selected for the 8th season of the MVB accelerator program.
AI Data Related
1. Decentralized AI Data Platform Gata
Gata (formerly Aggregata) aims to become a one-stop platform that integrates functions such as decentralized AI data acquisition, labeling, storage, and trading. The project was selected for the MVB Season 7 accelerator, and in August it announced investment from Binance Labs.
2. Modular AI Data Network Din
DIN (formerly Web3Go) is a modular AI data processing layer aimed at establishing a data intelligence network based on the synergy of people, data and AI, allowing everyone to process data for AI and get paid. To date, DIN has raised a total of $8 million, completing a $4 million seed round led by Binance Labs in July 2023, and a $4 million pre-listing round in August 2024, with investments from Manta, Moonbeam, Ankr, Maxx Capital and others.
3. AI Data Annotation System for Games GamerBoom
GamerBoom is a decentralized gamified social platform dedicated to bringing Web2 into Web3 through gamification. The platform provides an AI-driven data labeling system that can tokenize in-game player data, achievements and time experiences, providing a solution for the trading of game data.
4. AI-Driven 3D Space Jojoworld
Jojoworld is an AI-driven 3D data space that allows users to automatically generate 3D models from text data and use virtual avatars to build ideal spaces and lives in the 3D world. The project is also a 3D data provider that supports AI model training and has been selected for the NVIDIA Accelerator Program.
5. Decentralized AI Data Annotation Platform Alaya AI
Alaya AI has created a decentralized AI data annotation and reward issuance system using Web3 technology, opening up the "Label to Earn" innovative model for data annotation. The project was selected for the MVB Phase 8 accelerator program and announced in April last year that it had received investment from Tido Capital, with the specific amount undisclosed.
6. Decentralized AI Data Platform Cookie.Dao
Cookie.Dao (COOKIE) is an infrastructure that provides real-time data for AI Agents. Its developed Cookie.fun is the largest AI Agent asset index, which can query indicators such as FDV, MCAP, asset prices, liquidity pools and trading volume of AI Agent projects. On January 10, 2025, Binance Spot listed COOKIE.
The above examples demonstrate the synergistic potential between early projects on the BNBChain and the BNB ecosystem.
BNBChain's AI-First New Business Philosophy
The current AI ecosystem landscape shows that BNBChain's "AI-First" philosophy is far from an empty technical slogan. This underlying philosophy is subtly guiding and reshaping the path of business decisions and the direction of business development. The BNB ecosystem favors projects with real application scenarios and a long-term focus.
Through the coordination between BNBChain and other BNB ecosystem participants, the determination to bet on AI is already evident.
In August 2024, Binance Labs' investment director Max Coniglio publicly stated that their recent strategy is committed to promoting the development of AI-driven decentralized applications (DApps), and they have invested in BNBChain ecosystem's decentralized AI network Sahara AI and AI robot platform MyShell.
In a recent interview, Binance co-founder He Yi expressed that AI technology is triggering a productivity revolution, with an impact far beyond imagination. Blockchain technology mainly changes the labor relations and profit distribution model, while AI is a revolutionary technology that directly enhances the productivity of users. Binance will focus on crypto-AI related projects.
Leveraging the "AI-First" strategic positioning, BNBChain will continue to empower AI developers, startups and enterprises, whether they have been considering integrating AI elements and scenarios since inception, exploring the integration of AI and their own business, or focusing on promoting the development of AI infrastructure projects, they can all co-build a powerful AI ecosystem with BNBChain.
The Basic Infrastructure of the "One BNB" Multi-Chain Strategy
Compared to other public chains, BNBChain has an innate architectural advantage in doing AI.
Relying on the "One BNB" multi-chain strategy, BNBChain has integrated the technologies of BSC (smart chain), opBNB and the storage chain Greenfield, building a comprehensive and powerful infrastructure system for AI developers.
Particularly, BNB Greenfield, as the decentralized storage network in the BNBChain ecosystem, has solved the issues of data ownership, privacy, storage and reuse in the AI data field. It gives individuals and enterprises full control over their data and supports them in monetizing their data.
BNB Greenfield provides a data management solution for the acquisition, privacy training and storage of AI data, allowing developers to build various types of AI data processing products such as decentralized AI data annotation and decentralized LLM training that protects data privacy, enabling developers to easily access and utilize diverse data sets, which provides a rich data resource library for the data training and optimization of AI applications.
Binance founder CZ has stated on social media that tasks such as AI data annotation are very suitable to be completed through blockchain, and BNB Greenfield provides storage support.
In terms of technical architecture, BNB Chain has built a framework for constructing a comprehensive AI-centric blockchain ecosystem by integrating BNB Smart Chain, opBNB and BNB Greenfield.
Comprehensive Resource Support and Ecosystem Composability
BNBChain not only provides a complete infrastructure and supporting tools for the development of AI, but also has a comprehensive resource support system to fully support the development of ecosystem projects. This system covers every link from project concept incubation, product development, investment introduction to exchange listing, forming a closed-loop support process.
Among them, the hackathon activities launched since 2024 have awarded a total of over $2 million in prizes to more than 20 outstanding projects; BIA (BNB Incubation Alliance) provides early-stage projects with opportunities to connect with multiple capital; the MVB (Most Valuable Builder) accelerator program provides early Web3 developers with business school mentoring and a fast track to success.
According to the data of the past seven seasons of MVB, nearly 60% of the selected projects have successfully received attention and investment from Binance Labs and other capital. 5 projects have been listed on the Binance Launchpool platform. Currently, the 9th season of MVB is open for application, focusing on the AI track, including AI Agent, AI Gaming, Data Labeling, Data DAO and other sub-sectors.
In terms of marketing support, TVL, DAU, Meme airdrop competitions and other incentive programs have effectively helped projects launch. BNB ecosystem projects have recently been listed as key observation objects of Binance Alpha, with multiple projects included in the Binance Wallet Alpha zone.
Furthermore, BNBChain's multi-chain strategy has opened up a new imagination space for the interoperability, composability and co-evolution of the ecosystem. The existing Web3 applications in the ecosystem, such as the advantageous DeFi and Gaming sectors, can seamlessly integrate AI tools to nurture possibilities like DEFAI and AI Gaming. Meanwhile, AI tool products such as Paal AI, ChainGPT and Cookie3 can provide diverse AI-driven tools for the ecosystem, covering crypto market information analysis, trading bots, token audit tools and more.
Building New Infrastructure for the Human Paradigm Shift, Driving the New Crypto-AI Wave
For a crypto-AI project to stand out in the competition, the key lies in the synergistic empowerment of "community support, financial security, and technological innovation". In the early stage of project launch, the liquidity and user base stability of the ecosystem, as well as the ability to obtain resource and technical guidance and support within the ecosystem, are crucial for project growth.
With BNBChain's existing large user base, and its multi-dimensional support in terms of incubation, investment, and technical support, it can better help AI move from conceptual design to practical application. Particularly noteworthy is that the DeFi applications in the BNBChain ecosystem are very mature, which provides strong guarantees for the exploration of DEFAI-type intelligent entities or the subsequent listing and circulation of AI assets.
Looking back at 2024, the BNB ecosystem has seen strong growth. The "One BNB" multi-chain framework continues to improve, and the deployment, expansion and storage of Web3 DApps can be solved in a one-stop manner.
In terms of ecosystem data, the TVL of the BSC network in 2024 has increased significantly from $3.5 billion at the beginning of the year to $5.5 billion at the end of the year, with a year-on-year growth rate of 58.2%, ranking among the top 5 on the DeFiLlama platform for a long time.
According to DeFiLama data, as of January 13, 2025, the TVL of the BSC network has reached about $5.9 billion, of which the market value of the stablecoins circulating in the network is about $6.91 billion, accounting for 3.34% of the entire stablecoin market, ranking third among all blockchain networks, with Ethereum and TRON ranking first and second respectively.
From the initial DeFi wave, to the huge explosion of the gaming ecosystem, and now to the AI wave, what BNB Chain has been doing is to provide long-term services for users and developers.
And now, the AI-First BNB Chain is aiming to build new infrastructure to drive the paradigm shift of humanity, fully supporting the new wave of the crypto AI field. All actions are always pointing in one direction - "attracting the next 1 billion users to enter web3".
