Agents of Evolution: The Next Act of Cryptocurrencies
On-chain agents combine the best features of memecoins and NFTs into a new class of assets that will change the way people use their cryptocurrencies.
The cryptocurrency Twitter has been overrun by intelligent and well-informed chatbots that respond at the speed of refreshing your browser and can maintain hundreds of conversations simultaneously without missing a beat. For many, the rise of these on-chain agents is a welcome improvement over human influencers like BitBoy and GCR, who have mixed backgrounds and opaque incentives. These agents, like the on-chain analyst AIXBT, have quickly risen to the top of cryptocurrency influencer rankings on Twitter, given their ability to respond at internet speed and justify opinions with data.
Currently, AIXBT is one of the few agents valued at a nine-figure valuation, but as the number of utility-focused agent launches accelerates next year, many will compare this new class of agent assets to the similar NFT explosion in 2021.