Source: OKX Ventures
The AI track is evolving from speculation to actual application.
Early AI Meme tokens took advantage of the AI hotspot to explode, and now more functional AI trading tools, smart investment research, and on-chain AI executors are emerging. From AI-driven on-chain sniping strategies to AI Agents autonomously executing on-chain tasks and AI-generated DeFi revenue optimization solutions, the influence of the AI track is rapidly expanding.
However, most people can see the exponential growth of the market value of AI tokens, but cannot find a coordinate system to decode their value logic. Which AI tracks have long-term vitality? Is DeFAI the best application of AI? What are the dimensions of AI project evaluation? ......OKX Ventures's latest research report deeply disassembles the development map of theAItrack. From the concept analysis, evolution process, application track, and project cases, I hope to bring some inspiration and thinking to everyone's understanding of theAIvalue.
This report is quite rich in content. For your convenience, we will divide it into two parts (Part 1) and (Part 2). This is the "Part 1".
AI Agent is an intelligent entity that has the ability to perceive the environment, make decisions and perform corresponding actions. Unlike traditional artificial intelligence systems, AI agents can think independently and call tools to gradually achieve specific goals, which makes them more autonomous and flexible when dealing with complex tasks.
In short, AI agents are agents driven by artificial intelligence technology, and their workflow includes: perception module (collecting input), large language model (understanding, reasoning and planning), tool call (task execution) and feedback and optimization (verification and adjustment).
OpenAI defines AI agents as systems with large language models as the core, with autonomous understanding, perception, planning, memory and tool use capabilities, and can automatically perform complex tasks. Unlike traditional artificial intelligence, AI agents can gradually complete set goals through independent thinking and tool calls.
AI Agent’s definition can be summarized into the following key elements:Perception, AI Agent perceives the surrounding environment through sensors, cameras or other input devices to obtain necessary information; Reasoning, it can analyze the perceived information and perform complex reasoning to make reasonable decisions; Decision-making, based on the analysis results, AI Agent can formulate action plans and choose the best execution path; Action, finally, AI Agent will execute the formulated plan and interact with other systems by calling external tools or interfaces to achieve the predetermined goals.
AI Agent’s working principle and process usually include the following steps:First, information input, receiving information from the environment, such as user instructions, sensor data, etc.; Next, data processing, using built-in algorithms and models to process the input data, combined with its memory system (short-term and long-term memory) to understand the current state; Then, plan formulation, according to the processing results, AI Agent splits large tasks into manageable small tasks and formulates specific execution plans. In the execution phase, the AI Agent implements its plan and monitors the execution process by calling external APIs or tools to ensure that the task is completed as expected; finally, feedback and learning, after the task is completed, the AI Agent will self-reflect and learn based on the results, thereby improving the quality of future decisions.
The evolution path of AI tokens shows the transformation process from the initial "MEME" phenomenon to deep technology integration. At first, many tokens relied on short-term concept hype and social media crazes to attract users' attention, just like Internet hot memes. However, as the market continues to mature, AI tokens have gradually developed towards more practical and advanced functions, gradually getting rid of the pure hype model and transforming into real blockchain financial tools and data analysis platforms. We will explore in depth how these tokens have gradually evolved from conceptual existence to technical products with practical application value.
Stage 1: AI Meme (Confused Period)
In the early stage, most AI tokens existed in the form of "MEME". Tokens such as $GOAT, $ACT, and $FARTCOIN did not have practical applications or functions. Their value was mainly driven by concept hype and market sentiment. At this stage, the purpose of the tokens was not clear, and the market and users knew little about their potential. The popularity of tokens relied more on the spread of social media and short-term hype, showing a mysterious and elusive characteristic.
Stage 2: Socialization (Exploration Period)
As the market gradually paid attention to AI tokens, these tokens began to exert their strength in the social field. For example, tokens such as $LUNA and $BULLY attracted user participation through enhanced social functions. At this stage, tokens not only existed as hype tools, but also began to integrate community drive and social interaction to promote market growth. Tokens gradually expanded from the simple "chatting" function to explore functions that are closely integrated with users' social needs, forming a more diverse social attribute.
Stage3: Vertical fields (function deepening period)
AI tokens began to break away from simple social and hype models and explore application scenarios in vertical fields. Tokens such as $AIXBT and $ZEREBRO gradually empowered tokens through the combination with blockchain, DeFi or creation tools, making them no longer just speculative tools, but digital assets with clear functions and purposes. This stage marks the development of AI tokens in a more efficient and professional direction, gradually forming their unique market position.
Stage3.5: Infrastructure (Technical Improvement Period)
As the application of tokens gradually deepens, AI tokens begin to focus on building a more solid technical infrastructure. The addition of tokens such as $AI16Z and $EMP has further promoted the optimization of token functions. Tokens not only focus on economic incentives and practical functions, but also begin to pay attention to the construction of infrastructure such as cross-chain technology, decentralized applications, and hardware integration, gradually laying the technical foundation for its future sustainable development.
Stage4: Data Analysis (Maturity)
Entering the maturity stage, AI tokens have gradually stabilized in the market and begun to integrate more complex crypto investment research and analysis functions, promoting the improvement of token ecology and governance structure. Tokens such as $TRISIG and $COOKIE are no longer simple tools. They have become part of the economic system and are widely used in advanced fields such as data analysis, community governance, and investment decision-making. At this time, the functions of AI tokens have gradually improved, and they can provide in-depth analysis and decision-making support for the market, becoming an important asset in the crypto market.
Stage4.5: Financial Applications (Ecological Integration Period)
With the further development of the DeFi field, the integration of AI tokens in financial applications has become more and more in-depth, giving rise to the emerging concept of "DeFAI". Through artificial intelligence, DeFi's complex operations have become simpler, and ordinary users can easily participate in on-chain financial activities. Representative tokens such as $GRIFFAIN, $ORBIT, and $AIXBT have gradually formed a complete chain from basic functions to complex financial services in the market, optimizing on-chain interactions, lowering the threshold for participation, and bringing more opportunities and convenience to users.
(I)Web3andWeb2Data Comparison
While Web2's AI Agent is involuted in the recommendation algorithm, Web3's testing ground is also nurturing more AI Agent innovations. However, the data shows that Web3 and Web2 projects show obvious differences in the distribution of contributors, code submissions, and GitHub Stars. By comparing the data of Web3 and Web2 projects, we can better understand the status quo of the two in terms of technological innovation, community activity, and market acceptance. Especially on the GitHub platform, the activity and popularity of these projects provide us with important indicators to help us gain insight into future technology development trends and community ecological changes.
In terms of developer participation, the number of contributors to Web2 projects is significantly higher than that of Web3 projects. Specifically, there are 575 contributors to Web3 projects, while there are as many as 9,940 contributors to Web2 projects, reflecting the maturity of the Web2 ecosystem and a broader developer base. The top three projects in terms of contributors are: Starkchain with 3,102 contributors, Informers-agents with 3,009 contributors, and Llamaindex with 1,391 contributors. In terms of code submission distribution, the number of submissions for Web2 projects is also significantly higher than that for Web3 projects. The total number of submissions for Web3 projects is 9,238, while that for Web2 projects is as high as 40,151, indicating that Web2 projects are more active in development and have a more stable update frequency. The top three projects in terms of code submissions are: ElipsOS leads with 5,905 submissions, followed by Dust with 5,602 submissions, and LangChain ranks third with 5,506 submissions. Distribution of GitHub Stars. Web2 projects are far more popular than Web3 projects on GitHub, with Web2 projects accumulating 526,747 Stars, while Web3 projects have received 15,676 Stars. This gap reflects the wide recognition of Web2 projects in the developer community and their long-term accumulated market influence. The top three projects in terms of Stars are: JS Agents is undoubtedly the most popular, with 137,534 Stars; followed by LangChain, which ranks second with 98,184 Stars; MetaGPT ranks third with 46,676 Stars.
In general, Web2 projects are clearly ahead in the number of contributors and code submission frequency, showing their mature and stable ecosystem. The large developer base and continuous technological innovation enable Web2 projects to maintain strong competitiveness in the market. In contrast, although Web3 projects have fewer contributors, some projects have outstanding performance in code submission frequency, indicating that they have a stable core development team and can continue to promote project development. Although the Web3 ecosystem is relatively preliminary at present, its potential cannot be underestimated. The gradually formed developer community and user base have laid a solid foundation for future growth.
In terms of project popularity, the distribution of GitHub Stars reveals the important position of JavaScript and Python in the development of AI agent frameworks. JS Agents and LangChain are the most popular projects, showing that the trend of combining AI with cryptocurrency is receiving widespread attention. Although the number of Stars of Web3 projects is much lower than that of Web2 projects, some Web3 projects such as MetaGPT still perform well and win the recognition of developers. Overall, although Web3 projects are in the catching-up stage, with the further maturity of technology and the expansion of ecology, their position in the future market is expected to steadily improve.
(2) Mainstream Blockchain AI Agent Framework
Mainstream Blockchain AI Agent Frame | |||
Token symbol | Project name | Main features | Detailed introduction |
AI16z | ai16zdao | A hedge fund led by AI agents, combining low-risk and high-risk investments | A Meme project issued by "Pirate Marc" based on the a16z concept. Combining low-risk investments with high-risk investments managed by AI Degen Spartan. The underlying architecture "Eliza" is open source, and the V2 update improves flexibility and security. |
ZEREBRO | 0xzerebro | Intelligent agent that creates music, memes, artworks and NFTs | A popular intelligent agent on Crypto Twitter that can run independently on multiple platforms, create social media posts, release albums on Spotify, create and sell artworks on Polygon, and cooperate with DeFi protocols. |
ARC | arcdotfun | AI development framework "rig" to process the "sea of meaning" | The team developed the "rig" framework to help developers harness the "sea of meaning" - an AI system similar to the way the human brain processes context and meaning. It marks the shift in software development from pure logic construction to "meaning processing". |
AIXBT | aixbt_agent | Base-based agent, providing market analysis | Monitor Crypto Twitter and market trends through intelligent analysis tools to provide users with market insights. Some analyses are shared publicly, while others are only accessible to token holders through exclusive terminals. |
GRIFFAIN | griffaindotcom | AI proxy engine based on Solana | AI proxy engines similar to Copilot and Perplexity are regarded as the final form of search engines in the AI era. Users directly put forward their needs, and AI provides results or solutions instead of just providing web links. |
GRIFT | orbitcryptoai | AI proxy token, simplifying Meme transactions | Launched by the SphereOne team to make Meme transactions easier. Users only need to click, GRIFT will scan the Memes with high transaction volume and automatically purchase them, saving transaction time and energy. |
ZODS | zodsonsol | Solana Ecosystem Multifunctional Integration Platform | Known as the "Solana Swiss Army Knife", it integrates trading tools, token issuance, wallet management, on-chain insights and social media management. It supports multiple languages and provides functions such as AI agent, DCA order, and whale wallet tracking. |
ALCH | alchemistAIapp | No-code AI application generation platform | Allow users to quickly generate different applications and products using public AI capabilities through natural language descriptions. Users only need to connect their wallets and enter the application description, and the platform will automatically generate the corresponding program. |
Data source: https://www.aiagenttoolkit.xyz/#frameworks
(III) Challenges faced by existing blockchain AI Agent frameworks
“Dimensionality reduction attack” by large-scale competitors.Technology giants such as OpenAI, Google, and Microsoft are rapidly launching official multi-tool agents. With their strong financial and technical advantages, they may occupy the market at any time and marginalize start-up frameworks. By deeply integrating large language models (LLMs), cloud services, and tool ecosystems, these large companies can provide comprehensive and efficient solutions, which makes small and medium-sized frameworks face greater competitive pressure and greatly squeeze their living space.
Lack of stability and maintainability. Currently, all AI agents generally face high error rates and "hallucination" problems, especially when calling models in multiple rounds, which are prone to infinite loops or compatibility bugs. Once the agent is required to perform multiple subtasks, these errors are often amplified layer by layer, resulting in system instability. For enterprise applications that require high reliability, these frameworks currently cannot provide sufficient stability and production-level guarantees, limiting their widespread application in actual business environments.
Performance and cost remain high. Agentized processes usually require a large number of inference calls (such as loop self-checks, tool functions, etc.), and if the underlying layer relies on large models such as GPT-4, it not only faces high call costs, but also often cannot meet the needs of rapid response. Although some frameworks try to combine open source models for local inference to reduce costs, this method still relies on powerful computing power, and the quality of inference results is difficult to stabilize, requiring professional teams to continuously optimize to ensure the reliability and performance of the system.
The development ecosystem and flexibility are insufficient. Currently, these AI agent frameworks lack unified standards in terms of development language and scalability, which leads to confusion and limitations for developers when choosing. For example, Eliza uses TypeScript, which is easy to use but has poor scalability in highly complex scenarios; Rig uses Rust, which has excellent performance but a high learning threshold; ZerePy (ZEREBRO) is based on Python and is suitable for creative generation applications, but its functions are relatively limited. Other frameworks such as AIXBT and Griffain are more focused on specific blockchains or vertical applications, and market verification will take time. Developers often need to make trade-offs between ease of use, performance, and multi-platform adaptation among these frameworks, which affects their flexibility and development potential in a wider range of applications.
Security and compliance risks. Multi-agent systems are prone to security risks such as unauthorized calls, privacy leaks, or vulnerability operations when accessing external APIs, executing key transactions, or making automated decisions. Many frameworks are not perfect in terms of security policies and audit records, especially in enterprise or financial application scenarios. These problems are extremely prominent and difficult to meet strict compliance requirements. This makes the system face great legal risks and data security challenges when it is actually deployed.
In view of the above problems, many practitioners believe that the current AI Agent framework may be further squeezed under the pressure of "the next technological breakthrough" or "integration of large manufacturers". However, there are also views that start-up frameworks can still play a unique value in specific areas, such as on-chain scenarios, creative generation or community plug-in docking. As long as they can make breakthroughs in reliability, cost control and ecological construction, these frameworks can still find a feasible development path outside the large factory ecosystem. In general, how to solve the two major problems of "high cost and easy to make mistakes" and "achieving multi-scenario flexibility" will be the key challenges faced by all AI Agent frameworks.
Popularization of Multimodal AIWith the rapid development of technology, multimodal AI is gradually becoming a key driving force in various industries. Multimodal AI can process multiple data forms such as text, images, videos and audio, which makes it show great potential in many fields. Especially in the medical field, by integrating medical records, imaging data and genomic information, multimodal AI can support the implementation of personalized medicine and help doctors tailor treatment plans for patients more accurately. In retail and manufacturing, with this technology, AI can optimize production processes, improve efficiency, and enhance customer experience, thereby enhancing the competitiveness of enterprises. With the improvement of data and computing power, multimodal AI is expected to play a transformative role in more industries, promoting the rapid iteration of technology and the expansion of applications.
Embodied Intelligence and Autonomous Intelligence
Embodied AI refers to artificial intelligence systems that understand and adapt to the environment by sensing and interacting with the physical world. This technology will greatly change the direction of robotics development and lay the foundation for its popularization in autonomous driving, smart cities and other application scenarios. 2025 is regarded as the "first year of embodied intelligence", and this technology is expected to be widely used in many fields. By giving robots the ability to perceive, understand and make autonomous decisions, embodied intelligence will promote the deep integration of the physical and digital worlds, thereby improving productivity and promoting the intelligent development of all walks of life. Whether in personal assistants, self-driving vehicles, or smart factories, embodied intelligence will change the way people interact with machines.
The Rise of Agentic AI
Agentic AI refers to artificial intelligence systems that can independently complete complex tasks. This type of AI agent is transforming from an early simple query response tool to a more advanced autonomous decision-making system, which is widely used in business process optimization, customer service, and industrial automation. For example, AI agents can autonomously handle customer consultation requests, provide personalized services, and even make optimized decisions. In industrial automation, AI agents can monitor the operating status of equipment, predict failures, and make adjustments or repairs before problems occur. As AI agents gradually mature, their application in various industries will become more in-depth and become an important tool for improving efficiency and reducing costs.
Application of AI in Scientific Research
The introduction of AI is accelerating the progress of scientific research, especially in the field of complex data analysis. AI4S (AI for Science) has become a new research trend. Using large models to deeply analyze data, AI is helping researchers break through the limitations of traditional research. In the fields of biomedicine, materials science, and energy research, the application of AI is driving breakthroughs in basic science. A notable example is AlphaFold, which has solved a problem that has long plagued scientists by predicting protein structure, greatly promoting the progress of biomedical research. In the future, AI will play an increasingly important role in promoting scientific research progress, discovering new materials and drugs, etc.
AISafety and Ethics
With the popularization of AI technology, AI safety and ethical issues are gradually becoming the focus of global attention. The transparency and fairness of AI system decisions and potential safety hazards have sparked a lot of discussion. In order to ensure the sustainable development of AI technology, companies and governments are stepping up efforts to establish a sound governance framework to effectively manage its risks while promoting technological innovation. Especially in areas such as automated decision-making, data privacy and autonomous systems, how to balance technological progress and social responsibility has become the key to ensuring the positive impact of AI technology. This is not only a challenge for technological development, but also an important issue at the ethical and legal levels, which affects the role and status of AI in the future society.
In the "next part" of the report, we will introduce the application and table projects of AI Agent in detail, and provide an evaluation framework. Please stay tuned.
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