What are the three trends worth following in the golden age of AI combined with encryption?

Author: William M. Peaster, Bankless; Translation: Deng Tong, Golden Finance

In the field of encryption, excitement about AI agents is reaching historic highs.

We used to have personal worship before, but the personal worship around artificial intelligence is a new thing.

The wide range of possibilities for artificial intelligence to be integrated into the blockchain is sparking people’s imagination and their bids. Let’s delve into it here.

AI-centered memecoin wave

The recent buzz has largely stemmed from the truth terminal account. It started with Andy Ayrey’s Infinite Backrooms project, which launched earlier this year, aiming to create an AI chat room experiment.

In July 2024, Andy let AI take control of the Truth Terminal Twitter account, which quickly became chaotic. Making things even crazier, the artificial intelligence embraced the strange “Goatse Gospel,” which is a meme involving self-disintegration.

Marc Andreessen noticed this account and donated $50,000 worth of BTC to the project. Then in October, someone launched the $GOAT Token on Pump.fun, which received recognition from AI and was well received by community members.

Subsequently, interest surged, and the Market Cap of $GOAT temporarily exceeded 5 billion dollars, making Truth Terminal a millionaire and sparking a new wave of memecoin centered around artificial intelligence, such as $GNON and $LUNA.

Why this is important

In the encryption field, artificial intelligence is now gaining followers, just like influential people.

Of course, people are still working hard to figure out what these intelligences are and what they can and should do in society. But make no mistake: AI-driven character shaping culture and market, attracting investment, will continue to exist.

In other words, its impact goes far beyond memecoin, because the interest here indicates that more and more people are truly beginning to realize the broader possibilities of the large language models (LLMs) surrounding Cryptocurrency.

This interest, coupled with rapidly developing technological resources, indicates that on-chain artificial intelligence experiments are about to flourish in all directions. A new golden age of Crypto Assets is correspondingly beginning.

Here are 3 things worth following

1) The Rise of Actual On-chain Agents

Truth Terminal did not create $GOAT. Its Solana Address is created by humans for it, and it cannot directly control its on-chain assets. These factors do not change the interesting nature of the project, but it would be even more interesting if it did have direct control here.

However, in reality, on-chain artificial intelligence agents are possible, and we see increased activity in this area.

For example, in the recent Metaversal ‘tooltip’, I focused on NANI, which is an on-chain proxy operating system that allows you to control your Wallet on ETH, Arbitrum, or Base with just a chat.

Of course, you can create your own memecoin using such a system. But what about an autonomous AI agent that can run on-chain independently, either based on instructions or on its own device?

This is the architecture built by the thinkers behind the parallel Non-fungible Token trading card game in Wayfinder. It is a protocol and platform combination for users to have AI agents that automatically execute transactions such as minting and exchanging across multiple chains, including Ethereum and Solana.

Although still in development, Wayfinder is paving the way for the future where artificial intelligence can directly and autonomously manage on-chain funds. This power will affect many things, from individual portfolio management to on-chain virtual world economy.

2) More DAO and public product experiments

Botto is an artificial intelligence artist, trained and guided by its Botto DAO community, and became one of the first (if not the first) artificial intelligence millionaires through its Cryptocurrency sales in 2021.

As expected, with renewed interest in $GOAT at the AI xencryption crossroads, and with the governance token’s price pumping 118% in the past week, many have turned their attention to $BOTTO.

Botto has indicated that you can have an on-chain artificial intelligence project that 1) collective governance, 2) is not just a narrative power game, as proven by its successful artistic creation.

Therefore, just as people are regaining interest in $BOTTO, they are looking for more projects to return to Botto’s DAO governance structure, as inspiration for new community experiments around artificial intelligence agents in various directions (including inside and outside the art).

Where there is a community, there is a common vision and goal. An interesting issue worth following in the future is the new type of AI-driven public products. Many people in the cryptocurrency field support public product experiments, so they are looking for more collectives to gather on-chain and use mechanisms such as transaction splitting to bring on-chain AI to the public interest.

3) Progress in Gaming and Virtual Reality

Onchain Gaias is creating a Decentralization artificial intelligence agent network that uses games for training and stores the agents in users’ Non-fungible Tokens.

Next up is the upcoming game Parallel Colony, which will rely on the previously mentioned Wayfinder system to power its AI character embodiment, representing human players in the “game”.

These are just two notable examples of artificial intelligence becoming more fundamental in the encryption gaming scene in a collaborative manner. But what about the competition with artificial intelligence agents in the future?

Yes! Projects like Biomes Virtual World have already created their physical features in such a way that AI opponents do not have an inherent advantage over humans. This is a design problem in gaming, so that the rules keep AI as a facilitator of fun rather than a killer.

Looking ahead, as the role of artificial intelligence in gaming and virtual world environments continues to expand, it is expected that there will be more possibilities for collaboration and competition at this crossroad.