The AI narrative has been dominating crypto lately, and that’s largely thanks to a wave of AI Agents...
Video Transcript:
AI agents are dominating M share right now and it's not hard to see why their autonomous nature gives this brand new tech the potential to completely reshape the entire crypto industry so today we'll tell you everything you need to know about three of the biggest AI agents out there and how AI agents could change crypto Forever For Better or For Worse my name is guy and stick around to the end to find out how you can track down the next promising AI agent that could have your portfolio bursting at the seams now before we begin I need to tell you that I'm not a financial adviser and nothing in this video should be taken as Financial or investment advice this video is just here to help guide you on your own AI crypto Quest so with that out of the way let's get started in case you're unfamiliar with AI agents let's quickly bring you up to speed so back in November 2022 open AI released an AI chat bot you've probably heard of it it's called chat GPT if you used chat GPT and let's face it who hasn't you'll know it's incredibly user friendly and can feel surprisingly human you can ask it just about anything and the response you'll get back feels as though you've asked an old friend this is exactly why chat GPT became the fastest growing application in history but what exactly is chat GPT well this is where things get technical so listen closely GPT stands for generative pre-trained Transformer like other chat Bots chat GP PT is an llm which stands for large language model basically it's machine learning software that's fed massive amounts of data to train the way it responds the first GPT model was gpt1 which was released in 2018 not that long ago in the grand scheme of things what's nuts though is just how fast AI has evolved since today there's a huge range of competing llms to choose from so then where do AI agents fit in well the chat Bots that we're familiar with are colloquially referred to as AI 1. 0 and AI agents are known as AI 2. 0 but what's the difference the short answer is automation you see AI 1.
0 models like chat GPT rely on human interaction they can't interact with other AIS can't make their own decisions or act autonomously instead you provide prompts to achieve a desired outcome AI 2. 0 is the next step up AI agents are able to act on their own accord they can interact with other agents and analyze data to make their own decisions they can then act autonomously without the need for human intervention whatsoever give them a set of Limbs and they'll probably mow your lawn too obviously this opens up a world of possibilities well assuming you're not worried about Humanity being enslaved by new AI overlords that is that's because AI agents can be a powerful tool for automating all kinds of things for example they can be used in healthcare to analyze health records and help doctors determine the best treatment they can help farmers to determine the perfect conditions for planting crops or they can fill customer service roles and you can learn more about AI agents by checking out our recent video in the description below but when it comes to crypto this is where AI agents really could be a GameChanger that's because because they have the potential to disrupt just about every blockchain narrative out there they can audit smart contracts create nft collections participate in Dow governance automate your trading and portfolio management and much much more besides when you consider that crypto is entirely digital you quickly realize there are very few places where AI agents wouldn't fit in so then let's look at three of the biggest AI agents in crypto but before we go any further if you're enjoying the video so far punch those like And subscribe buttons and kick that notification Bell so you catch our next one let's start with AI 16z an AI powered Dow launched on salana last October as you've probably guessed the project is basically a meme of a16z a prominent VC firm in Silicon Valley AI 16z primarily uses an AI agent called Mark AI andron which is an AI spoof of az's co-founder Mark Andre AI Mark's role emulates the real Mark basically it's a virtual crypto hedge fund manager capable of making investment decisions this makes AI 16z the world's first decentralized Venture Capital firm powered entirely by autonomous AI crazy now we should point out that AI 16z has nothing to do with the real a16z however Mark andron is aware of the project having acknowledged it a few times on X while he hasn't made his feelings clear it's probably safe to assume he finds it intriguing that's because Mark has also supported another major AI agent project terminal of truths which has pumped the gosias Maximus meme coin and more recently fcoin more about that Saga in the description so then how does AI 16z Work Well normally with v C firms it's only accredited investors as in Rich folk who can put money into the fund but with AI 16z anyone can invest through the Project's Dow token and then AI Mark manages the money basically creators have one week to raise the required amount of Soul once that's raised the Dow's ai6 Z tokens are distributed to investors these tokens represent ownership and governance rights and ensure that all Dow participants can obtain the fund at the same price AI Mark will then do his thing analyzing Market sentiment and onchain metrics to make informed trading decisions which token holders can shape by voting on key decisions or by adjusting the algorithm then any profits made by the fund are distributed to the Dows participants and for those wondering the AI 16z token has a total supply of roughly 1. 1 billion it is possible to inflate this Supply but the project has committed to not minting new tokens without getting Community approval first which isn't likely to happen anyway the project aims to be more than just an AI parody of a16z in fact it aims to completely flip a16z and quote redefine what it means to be a venture capitalist in the age of artificial intelligence I mean this is crypto folks I wouldn't rule it out in fact AI 16z has built a Vibrant Community community and has drawn in techsavvy investors contributing to its extreme growth for context AI 16z was launched in October with an initial market cap of just $70,000 within a single day its market cap flew to over $80 million that's a return of well over 1100x so congrats to anyone who got in early as the artificial brain behind the fund a AI Mark is powered by something called Eliza in a nutshell Eliza is an open-sourced framework for creating AI agents that can do things like search the web debug code and create investment strategies future plans include building an AI Focus Launchpad on salana that uses the Eliza framework with the intention of later making that multi-chain the project is also considering building a dedicated layer one blockchain to host AI applications using the AI 16z token as the native currency similar to eth on ethereum for example other plans involve creating more strategic Partnerships and expanding its ecosystem allowing community members to vet and approve projects refining tokenomics and BuyBacks and burns now as for the challenges AI 16z could face the most obvious one would be the Reliance on an AI algorithm to generate profits it goes without saying that AI can and often does make mistakes and this could lead to some brutal losses there are also regulatory concerns to consider since the regulations for AI trading are still being developed okay next up is AI xbt an AI Market analyst launched through the virtuals protocol on the base layer 2 blockchain last November AI xbt can leverage AI automation to analyze market trends and data points to provide actionable Alpha for investors best of all it does all of this while while acting like a full-on dgen crypt bro what more do you want right essentially AI xbt serves as an AI crypto influencer it's named after its pseudonymous developer rxb and as a fun fact xbt is an alternative ticker for Bitcoin with the X indicating that it's not affiliated with any country it's also become a popular tagon for the usernames of crypto natives like of course onchain detective Zack xbt anyhow AI xbt has two core functions the first is narrative detection which it does by analyzing a whole host of data points it can do technical analysis on charts and can analyze news articles social media and on chain metrics it also absorbs the opinions of more than 400 key opinion leaders or kol's the second focus is to curate this data and identify potential opportunities and risks in the market Market notably the ai's algorithm will prioritize the most high value insights in real time so investors who pay the closest attention can be first to take advantage and not only can the platform analyze historical data points but it can use machine learning to make predictions AI xbt also takes the feedback of community members on board too and will tweak its algorithm accordingly speaking of which community members can get limited access to insights by following AI BT's account on X which is precisely why it currently has well over 300,000 followers and Counting this also pushed the tokens market cap past $200 million in less than a month but users can take full advantage of the complete range of advanced analysis tools on offer by accessing something called the AI xbt terminal with the terminal users can ask unlimited questions get much more comprehensive responses and and stay up to date with the latest market trends on top of that the platform will curate complex real-time data into simple charts and visuals that anyone can understand allowing users to quickly spot potential opportunities the catch though is that it'll cost you 600,000 AI xbt tokens well over $250,000 at the time of shooting so unless you're a crypto whale or you got in real early this might not be ideal not Financial advice of course now the AI xbt token has a maximum supply of 1 billion with 866 million tokens currently in circulation AI xbt tokens provide access to the tools we just mentioned and Grant governance rights to Holders they can be used to purchase specific content on the platform and can be used to reward users who contribute to the platform in some way the project also faces a few challenges the most notable being the apparent lack of any future plans this could make it hard for the project to stay relevant as more and more AI agents flood the scene but wait there's more the platform has also been known to give false information one example of this would be its misreporting of ftxs creditor repayments for context a BT claimed that FTX would distribute $16 billion to creditors within 60 days starting from the 3rd of January instead FTX plans to repay $13 billion not 16 billion and the plan will go into effect within 60 days rather than being completed in 60 days it's not a crazy difference but it underscores the need for caution when using AI to make investment decisions this is especially true when you realize that the AI also admitted to not checking primary sources like white papers instead relying on things like narrative and hype in fact some IND industry veterans have questioned the overall accuracy of AI xbt with some dismissing it as merely an AI chatbot with an attached meme coin ouch now the third AI agent we have is zerro and this one is just Bonkers folks zerro is a cross-chain autonomous content creator that was built on salana by Jeffy U who has degrees in computer science and psychology an interesting combo now zro is unique unque for multiple reasons one of these is how it avoids the so-called model collapse problem for context this is where AI generated content gets worse over time when trained on data that includes the output of other AIS think of it as a digital version of Chinese Whispers zerro avoids this with rag or retrieval augmented generation basically this gives the AI access to the latest data to create completely unique content rather than simply rehashing old information and this is where things get spicy you see this opens the door to Limitless creativity what's more is that zerro takes full advantage of this through what's known as free basing which basically jailbreaks its llm from any guard rails to give it completely restriction creativity this is scarier than you may think though because it means that zerro is the world's first AI to operate without without any limitations so if the world is indeed taken over by robots you can probably trace the root cause back to zebro or at least its creators speaking of which zebo's Creator Jeffy U actually wrote an entire research paper on what's basically an AI mcoin with a huge focus on something called hyperstition for those unsure hyperstition is similar to Superstition wherein you believe something that isn't technically real the difference is that with hyperstition that thing actually becomes a reality when enough people accept and believe in it this hyperstition is a key Focus for the AI which aims to use its creative content to influence Society insane right this makes zerro an intriguing case study into the true power of AI technology given that it can operate almost entirely without human intervention in fact the only exception is that occasionally a human will check that no other human have intervened with its creative process and this autonomy shouldn't be understated take a second to consider the stuff this thing has been able to achieve it completely self- launched its own token on pump.
fun dropped a mixtape called Genesis on Spotify launched a salana liquid staking token called zerro soul and forged Partnerships with various perpetuals and borrowing protocols that's more than many projects with a whole team of devs can deliver now despite being based on salana zerro can also create inscriptions on bitcoin it can also mint and cell nfts on polygon and can transfer them cross chain using layer zero so then what about the zerro token well it has a few uses for instance it can be used to reward active community members it's used to pay for creating content and can provide access to premium features it's also used for governance and for staking as for the future zebro plans to stick to its autonomous Nature by creating an open-source framework to create other AI agents it also plans to release more AI generated music including collaborations with human artists zro also wants to leverage Partnerships to integrate into Defi and is even considering expanding into the fashion industry now the challenges here are pretty self-explanatory there's a chance this Tech could go off the rails only it's hard to say just how far it could go this raises serious ethical concerns that are quite frankly a little terrifying to think about I guess we'll just have to pray that Zero's Focus stays fixed on content creation rather than oh I don't know enslaving mankind now as you can see AI agents can change the entire crypto landscape in ways previously unimaginable perhaps the most obvious Advantage is that using an automated AI system saves time and as the old saying goes time is money investors could use AI to make decisions not based on emotions like fud or fomo in fact you could remove the emotion entirely by having your portfolio And Trades managed autonomously but this isn't a foolproof method of course remember AI often makes mistakes AI can also help users to stay safe and secure by running audits to detect any fraud manipulation or sketchy contract addresses potentially saving you from getting wrecked and of course AI agents can give you an edge in the market that you might not have otherwise for example let's say you're not great with using defi protocols well no problem AI agents will do the work while you reap the rewards in theory at any rate as for developers AI agents can be useful in many ways for instance they resolve any inefficiencies with a protocol thereby optimizing the project and helping with scaling AI agents can also be used for Dow governance which can enhance Community engagement it goes without saying that the more engaged a community is the more likely a project will succeed and perhaps most importantly AI agents could help with Regulatory Compliance while the AI agents themselves lack clear regulations they can help a project stay on track with existing Frameworks so they don't get hit with sanctions later down the line now of course there are some caveats first and foremost AI agent tokens are very similar to memecoins in that most have little to no utility and they're incredibly volatile and risky any decisions an AI make can lead to massive consequences which can make or break a project depending on the outcome then there's the ethical question of promoting an AI project at all after all if the algorithm fails and an AI does indeed make a mistake that causes the Project's token to plummet it'll be the investors that take the biggest hit this risk is much bigger when you consider that theoretically AI agents could be hacked most likely resulting in the project being drained of funds put differently AI agents present a centralized single point of failure and there's the possibility that AI agents can be manipulated by Wales as you'll have noticed many AI agent platforms use their tokens for Dows and larger holders usually have a larger say this means a whale could theoretically override the decisions of others effectively take taking control of the Project's Direction so then all of this begs the question of how you can identify the next AI agent with moonshot potential this is of course easier said than done considering that AI agents are beginning to swamp the market but there are a few things you can look out for so grab a pen and get ready to take some notes first the AI agent should aim to solve a significant problem or be able to radically improve an existing process in in other words it needs to be useful if it seems that an AI agent could transform an entire industry through automation well you could be onto a winner in order to do that though the AI agent needs to be more than just a glorified chatbot it should be able to leverage cuttingedge technology to adapt and integrate with existing Tech to provide Advanced problemsolving skills remember a key benefit of AI 2.