Injective, a leading blockchain platform, has launched iAgent, a cutting-edge software development kit (SDK) designed to enable developers to build AI-powered on-chain agents.
iAgent improves the efficiency of blockchain operations by combining advanced machine learning with Injective’s on-chain infrastructure. At the same time, it democratizes access to these tools, making them accessible to a wider audience.
Injective invests in AI agents
The integration of artificial intelligence into blockchain systems represents a significant step forward in simplifying and streamlining user interactions. According to Injective’s press release, the iAgent SDK simplifies blockchain interactions by enabling tasks such as instant payments on the Injective network. It places market or limit orders on decentralized exchanges (DEXs) and checks wallet balances through AI-powered commands.
Today, Injective is officially launching iAgent, an innovative SDK that allows anyone to create their own on-chain AI agent. By leveraging large-scale language models (LLMs) like OpenAI's ChatGPT, iAgent redefines the possibilities for AI-enabled finance, Injective announced.
Additionally, the integration of OpenAI’s technology also enables real-time data analysis, trend prediction, and automated trade execution. OpenAI’s large-scale language models will increase efficiency and user accessibility, making the platform an intuitive and powerful tool for users of all skill levels.
Meanwhile, the launch of iAgent comes at a time when AI agents are becoming a mainstream narrative in the cryptocurrency industry. These agents, designed to perform autonomous tasks on blockchain, are attracting significant attention from developers and investors.
Injective is setting new heights by combining AI with on-chain blockchain infrastructure, commented one user on X.
With its focus on accessibility, efficiency and innovative technology, Injective's iAgent is aligned with current trends. Other players already exist in the field, including AI16z and Virtual Protocols. As reported by BeInCrypto, AI-focused venture capital fund AI16z is already backing the initiative with AICombinator. This tool supports projects that aim to advance the role of AI in crypto.
Virtual Protocol continues to trend
Similarly, Virtuals Protocol, an AI and metaverse platform, is also exploring AI-powered systems that interact directly with wallets to perform on-chain transactions.
Agentstarter, an AI Agent launchpad for Virtuals Protocol, will provide talented founders with the necessary resources (funding, developer support, distribution) to help them succeed in building the best AI agents, Virtuals Protocol shared.
As Injective moves into this space, it faces unwitting competition from these players. Meanwhile, even in the face of this development, Injective's power token, INJ, is down nearly 6%. Data from BeInCrypto shows it is trading for $24.12 at the time of this post.
INJ Price Performance. Source: BeInCrypto
Elsewhere, Injective’s commitment to advancing AI on blockchain is further demonstrated by its potential integration with the Artificial Superintelligence Alliance (FET). Through its partnership with Fetch.ai, Injective has enabled cross-chain transfers, paving the way for greater interoperability between blockchain networks and AI systems. This collaboration highlights Injective’s dedication to remaining at the forefront of innovation in the AI and blockchain sectors.
The article Injective Launches Toolkit to Create On-Chain AI Agents appeared first on BeInCrypto.
