Binance Releases Report on AI Agents in Crypto: Details
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Binance Research has published a new report on the rising role on AI agents in crypto. According to the report, the intersection of artificial intelligence and crypto has recently gained traction with the rise of AI agents. What are AI agents? An AI agent is autonomous software capable of planning, executing tasks and achieving goals without human intervention. Unlike traditional bots that rely on fixed rules and human input, AI agents manage complex, multi-step tasks, adapt based on feedback and operate with greater flexibility. AI agents operate autonomously, executing tasks and making multi-step decisions without human intervention. They can interact with other agents, protocols and apps, dynamically adapting to new inputs. New platforms Binance highlights the recent buzz around “Terminal of Truths” (ToT) and its meme coin, $GOAT. ToT, an AI agent, sparked a memetic religion and became the first AI agent millionaire as $GOAT surged in value, showing the potential of AI agents to impact crypto markets. Related Platforms like Virtuals Protocol and Daos.fun are capitalizing on this trend. Virtuals Protocol allows users to launch and co-own AI agents, focusing on entertainment-oriented agents through a governance-driven, community-centric model. Daos.fun is adapting to the AI agent meta by enabling AI-driven hedge funds within a DAO structure, allowing collective community investment with future plans for AI-managed trades. AI 2.0 This evolution to AI 2.0 in crypto is drawing significant interest as both sectors explore synergies. While AI agent tech is still in its infancy with notable limitations, the momentum suggests potential growth in AI-driven crypto applications in the near future. They can also function as specialized assistants or general-purpose tools, interacting with other agents, APIs and applications. Uniquely, AI agents can even make autonomous crypto transactions, expanding their utility in digital ecosystems. Potential dangers The Binance research team thinks that the…
Filed under: News - @ November 15, 2024 10:27 am