Author: Franklin Templeton Digital Assets; Compiler: 0xjs@黄金财经
In recent years, AI Agents have attracted widespread attention in the cryptocurrency field, driving a wave of innovation and experimentation in the interaction of AI agents with the crypto ecosystem. Originally created by developers, AI agents are complex software entities designed to use AI to perform tasks autonomously. These agents have varying degrees of independence and make decisions based on their programming and the data they receive through advanced algorithms.
Crypto AI agents represent a new fusion of AI and crypto technology, with automated AI entities able to manage tokens, participate in social media interactions, and even influence market trends. This innovative field was pioneered by an AI chatbot called Truth Terminal, which was trained by developer Andy Ayrey. Truth Terminal is based on Internet culture and trained in Infinite Backrooms, a space where AI models conduct self-dialogue without direct human supervision. As an AI chatbot, Truth Terminal is able to autonomously understand and respond to inputs, perform tasks, and conduct conversations.
Truth Terminal's capabilities are demonstrated in its X account (@truth_terminal). In the summer of 2024, Truth Terminal received widespread attention for receiving a $50,000 Bitcoin donation from Marc Andreessen, a partner at venture capital firm a16z. This generous donation propelled Truth Terminal into the public eye.
Truth Terminal has also shown its obsession with Goatse Gospel, a satirical AI-generated religion, through its training on internet subcultures. This obsession inspired a developer to create a meme coin called GOAT (Goatseus Maximus) on the Solana network, one of the most active decentralized blockchain networks. When Truth Terminal supported GOAT on its X account, the coin's price skyrocketed, giving GOAT a market value of over $1 billion (currently around $300 million). In addition, Truth Terminal's public statements have also inspired the creation of other coins, such as FARTCOIN, which currently has a market value of around $885 million.
The explosion of AI agents and their related projects can be seen in the table below, showing the 10 major projects in the field ranked by market capitalization.
The enthusiasm around AI agents is justified. We can envision a future where AI agents will revolutionize content creation on social media and play an important role in various industries and platforms. Just like today's human influencers, these agents can launch their own brands, products, music, movies, etc., bringing significant economic value to their ecosystems.
In the process, exploring how these agents interact with blockchain is very exciting and has driven significant developer activity. For example, ai16z has very active developer activity on its GitHub repository, and its Star record shows that the project has surpassed more mature AI projects such as Phidata and LangGraph.
The chart shows the growth of Star records on GitHub for several key AI projects, such as:
Moreover, Virtuals, as the largest AI agent Launchpad platform by market value, focuses on simplifying the development, deployment and management of AI models. The demand for agent launches on its platform continues to grow, and as can be seen from the chart, the cumulative number of launched agents shows a significant upward trend.
Ripple has onboarded UAE firms Zand Bank and Mamo to its Ripple Payments platform, following DFSA approval to operate in Dubai. Despite SEC uncertainty and XRP’s price dip, Ripple is expanding its global footprint. The key question: can it sustain momentum and overcome regulatory hurdles?
CatherineTrump’s team has stopped mentioning Elon Musk in online posts and fundraising, as polls show Musk is now less popular than Trump. With Democrats targeting Musk in battleground ads, the silence may signal Trump quietly distancing himself from a fading ally.
KikyoElon Musk’s AI chatbot Grok is now available on Microsoft’s Azure cloud platform, even though Musk is suing Microsoft and OpenAI. The move puts Grok alongside rival AI models, showing xAI is willing to work with Microsoft despite their legal clash.
WeatherlyIs YouTube cracking down on Bitcoin content? It abruptly removed Bitcoin broadcaster Roxom TV without explanation, sparking fears of selective silencing in the crypto space.
CatherineThe SEC has delayed its decision on several Solana-linked ETF proposals and opened a public comment period to gather more feedback. This shows the regulator is being cautious and wants to carefully review these crypto investment products before approving them.
WeatherlyThe new federal law criminalises non-consensual intimate imagery and deepfake porn, mandating tech platforms remove such content within 48 hours. First Lady Melania Trump called it a “national victory” for child protection, as victims now receive federal safeguards against online exploitation.
KikyoSpain is using AI more in film and TV, with new tools helping cut costs and speed up production, especially in smaller industries. At the same time, the country has introduced a draft law to regulate AI use and protect creators and audiences.
AnaisA Canadian startup is pioneering insurance that covers financial losses from AI errors, offering businesses a safety net as AI becomes more integral and unpredictable in operations.
CatherineHwang Jung-eum admitted to taking ₩4.34 billion from her own company to invest in cryptocurrency. She was charged with embezzlement, removed from TV shows and ads, and has repaid most of the money.
AnaisIndia’s Supreme Court criticised the government for taxing crypto profits while failing to create clear rules for its use. The judges warned that the lack of regulation is causing rising fraud and confusion, pushing wealthy investors to leave the crypto market.
Weatherly