Author: Revc
On January 3, 2025, the crypto market ushered in an overall correction of the AI sector. According to Coinmarketcap data, the AI sector fell 12.1% overall in 24 hours, with ZEREBRO and AI16Z falling 19.54% and 16.3% respectively. Despite this, the on-chain AI token field is still hot, and multiple emerging projects with a market value of over 10 million US dollars have emerged in just one day. The following will introduce projects such as BUZZ, AILIVE, Hyperutility and ASD-AI, and explore the reasons and trends of the outbreak of the on-chain AI token track.
BUZZ: DeFi+AI Agent
BUZZ is the token associated with the @askthehive_ai project. Its market value exceeded 40 million USD in just 8 hours, triggering the market Fomo. As a project focusing on the DeFi ecosystem, @askthehive_ai's core advantage lies in its modular, interoperable AI agents, which greatly simplify complex DeFi operations such as trading, staking, and lending through natural language interfaces. Users can also customize their strategy portfolios to achieve highly personalized financial management.
BUZZ's short-term success is attributed to its precise grasp of the current DeFi market's demand for convenience. The project participated in the Solana AI Hackathon, showcasing its multi-chain expansion tools and infrastructure optimization capabilities. In the future, @askthehive_ai plans to further support the creation of smart wallets across platforms like Google, X (Twitter), Discord, and enable fund recharges through Coinbase Onramp, providing users with a better experience.
AILIVE: Personalized AI
AILIVE is an innovative project that combines blockchain and AI technology, with its core token $AILIVE promoting the platform's sustainable development and decentralization process. AILIVE adopts a fair distribution model, distributing 92.5% of the tokens directly to the community and reducing circulating supply through a deflationary mechanism, further enhancing long-term value. AILIVE's market cap surpassed $11 million just 13 hours after its launch.
On the technical level, AILIVE combines reinforcement learning, deep learning, and Trusted Execution Environment (TEE) to create an autonomous AI agent system that supports complex task training. Its unique 3D open world allows agents to interact and evolve in dynamic scenes, and facilitates creation and trading through an agent marketplace. AILIVE also features an Internal Reflection Engine (IRE) that gives agents personalized and introspective capabilities, promoting the development of personalized AI. AILIVE's open-source codebase attracts collaboration from developers worldwide, bringing more possibilities to education, gaming, and social fields.
Hyperutility: Exploration of cross-chain bridging and tool ecosystems
@Hyperutility focuses on developing blockchain technology tools, with its core product Hyper Utility (HYPU) providing fast and efficient cross-chain bridging solutions. The project initially operates on a centralized model but plans to introduce decentralized bridging options (such as deBridge) in the future to enhance security and scalability. Additionally, Hyperutility plans to launch practical features such as displaying head holder information and release a Beta version in the short term, while locking 25% of the token supply to control market supply and demand.
Due to the existence of exchanges, the demand for independent cross-chain bridge products is limited, but Hyperutility focuses on bridging between Solana and Hyperliquid. Hyperliquid is a decentralized on-chain order book platform covering contract and spot trading, which is expected to bring significant demand for decentralized bridging tools and is worth further attention from investors.
ASD-AI: AI engine for decentralized science projects
ASD-AI is an AI entity designed specifically for decentralized science (DeSci) projects, with the core goal of optimizing token issuance processes and enhancing DAO management capabilities. ASD-AI provides fair and efficient solutions for projects through automated token distribution, dynamic pricing curves, and transparent governance tools. Additionally, ASD-AI is compatible with mainstream blockchains, integrating zero-knowledge proofs and quantum-resistant encryption technologies to meet the DeSci community's needs in scientific collaboration and intellectual property protection.
Although the product is currently in its initial stage and is only a simple dialogue box, the market cap of ASD-AI's token once reached $9 million. With the rising interest in the DeSci sector, the development potential of ASD-AI deserves ongoing attention.
Other noteworthy Solana AI hackathon projects to be launched:
@the_make_ai: An AI tool built on the Solana blockchain, similar to Copilot, aimed at providing developer assistance features.
@_emeraldsh: Focused on creating AI smart agents that can run on Solana and execute tasks independently.
@AmalgamSocial: A monolithic application AI agent focused on health data tracking and management, aiming to help users track and manage personal health data through AI technology, involving personalized health advice, data analysis, and other features.
Reasons for the explosion of on-chain AI tokens
1. Optimization of advanced productivity and production relations
The core of AI Agent lies in combining advanced AI technology with the decentralized philosophy of Web3 to form a new productivity tool:
- Technical support: Built on large language models (LLM) and decentralized frameworks, AI Agents can complete complex tasks such as data analysis, automated trading, and content generation.
- Restructuring production relations: Through token economics and decentralized governance mechanisms, the Web3 ecosystem deeply binds users to the community, creating a fairer and more open ecosystem.
2. Fair distribution mechanism
Some Web3 projects are often highly controlled by VCs, which can lead to a decrease in user trust. In contrast, AI Agent projects adopt a fair launch model:
- 100% of the tokens are owned by the community, with the team only retaining a small amount for incentives.
- No internal lockup release pressure, allowing equal participation for users and investors.
3. Innovation-driven new narratives
AI Agents have built a unique ecological scene through efficient iteration. For example, Virtual Protocol focuses on a multi-agent interaction framework for games and virtual worlds, while ai16z (ELIZA) provides a cross-platform AI agent development framework.
Future trends of on-chain AI tokens
1. Specialization and segmentation
AI agents will rapidly develop in high-precision fields such as financial analysis, medical assistance, and legal consultation, while vertical development frameworks will become richer.
https://dune.com/cryptokoryo/ai
2. Improvement of decentralized infrastructure
Decentralized computing and storage platforms such as Hyperbolic and Aethir will provide developers with more possibilities, further enhancing AI agent performance.
Summary
The AI Agent sector is leading the cryptocurrency industry towards a deep integration of real demand scenarios and AI technology. Although there may be some signs of bubble in the short term and face technical and security risks, its prosperity partly relies on the high-level stability of mainstream assets like Bitcoin. However, with a decentralized economic model, strong technical support, and innovative application scenarios, this field is creating a new development trend for the cryptocurrency industry.
