Since AI tokens became a market topic champion, many applications related to AI tokens have emerged. The founder of Griffian, Tony Plasencia, was interviewed on January 5th, sharing insights on the problems users face on-chain today, as well as Griffian's future vision, challenges, and development plans.
Tony Plasencia introduces
Plasencia, who previously worked as a policy analyst at Uber, has invested in several startups, including the American home services site Thumbtack, which has received support from renowned venture capital firms like Sequoia Capital, and the social platform Ritual for ordering food.
In 2022, Plasencia founded the first blockchain project, Underdog Protocol, as a stepping stone into the blockchain industry. Underdog is a platform that allows users to issue NFTs and Solana on-chain tokens (SPL) without coding, focusing on using 'personal future value' as tokens for fundraising, enabling users to support the future development of token issuers.
He later developed a platform called Blinkdotfun specifically for issuing Blinks tokens and NFTs, which combines the features of social media, allowing users to share links and directly promote or issue tokens.
The Griffian developed by Plasencia on November 1st last year can be considered his most successful project, as it automatically calls the most suitable AI agents to complete tasks based on user needs. Griffian has also received strong support from the Solana ecosystem.
Griffian wants to make cryptocurrency operations as simple as typing.
Plasencia positions Griffian as an AI app designed specifically for cryptocurrency enthusiasts, focusing on eliminating complicated operations. Users only need to input their requests with a few taps to complete tasks, making it as simple as typing, with AI handling everything.
Plasencia stated that this concept first emerged during a hackathon sponsored by Robinhood, Solana, and OpenAI in San Francisco. He added: "At that time, our team developed an AI agent that could facilitate trading via Telegram, but later realized that AI could solve many difficulties in on-chain operations, leading to the current Griffian."
On-chain operations are too cumbersome, Griffian aims to solve this problem with AI.
Plasencia points out that for many people, the operational threshold of cryptocurrencies is still too high, requiring a cumbersome process from researching coins to trading. "Teaching friends how to use cryptocurrency might take hours of hands-on teaching, researching Twitter accounts, looking at charts, analyzing market conditions, all of which are super troublesome," he said with a smile.
Plasencia stated that Griffian's goal is to use AI to solve these pain points, integrating natural language processing (NLP) with blockchain so that users only need to input their requests with a few taps to complete complex tasks such as trading, researching coins, or even creating NFTs.
Plasencia, the founder of Griffian, directly demonstrates the app's trial version. The current functions of Griffian and its future goals.
Plasencia indicates the two tasks that Griffian is currently focused on:
Product stability: Ensuring that users can complete their operations smoothly every time without any bottlenecks.
Expanding application features: Launching more functionalities in the 'Griffin App Store', such as AI agent features in collaboration with the portfolio tracking platform Asset Dash, allowing users to analyze market data through NLP interaction. Plasencia revealed: "This is not just about monitoring wallets; there will be more robust trading functionalities supported, details will be announced within the next two weeks."
Additionally, Plasencia mentioned that with tax season approaching, Griffian is also developing a feature called Agent Runner to help users handle tax-related issues with cryptocurrencies.
Creating a one-stop on-chain experience, Griffian easily faces market competition.
Plasencia has a clear vision for Griffian's future; he stated that current on-chain operations are overly fragmented, with each step from connecting wallets to switching networks frustrating users. Griffian allows users to complete all operations easily without frequently switching networks and pages.
Regarding the fierce market competition between AI and cryptocurrencies, Plasencia has his own unique perspective. He stated: "We focus on our products and future vision, without being led by competitors. It is important to ensure that Griffian can provide users with a stable and engaging experience." Plasencia revealed that Griffian has attracted many partners and plans to collaborate with Solana's mobile devices in the future, continuing to expand functionalities and promote to more users.
According to CoinGecko data, Griffian currently has a market capitalization of approximately $430 million, and the token GRIFFIN has reached a price of $0.42. Whether Griffian will continue to develop more AI agent functionalities as the topic of AI tokens rises remains to be seen.
(Can AI agents replace human financial advisors? VaderAI launches investment strategies driven by AI. Can token economics drive the flywheel?)
This article features an interview with the founder of the AI cryptocurrency application Griffian: Using Griffian makes operating cryptocurrency as simple as typing, with a market value of $430 million. Originally appeared in Chain News ABMedia.
