The Combination of Web3 and AI Agents: Analysis of New Trends and Potential Projects

With the continued growth of the crypto market in the first half of 2024, AI-related narratives remain strong. The combination of Web3 and AI, especially the application of AI Agents in Web3, is becoming the focus of venture capital and developers. This article will explore this emerging trend and its representative projects.

Introduction to AI Agent

AI Agent is an "agent" based on large language models that can autonomously perceive the environment, think, make decisions, and execute actions. Unlike traditional chatbots, AI Agent is designed to accomplish autonomous tasks and achieve goals without the need for continuous human instructions.

The Advantages of Integrating Web3 and AI Agents

Introducing AI Agents to Web3 can bring the following advantages:

1. Enhance censorship resistance
2. Achieve decentralization and ownership
3. Innovative Monetization Model
4. Enhanced Composability

Conversely, AI Agents can also bring to Web3:

1. Simplify on-chain information retrieval and organization
2. Improve user interaction experience and promote large-scale adoption.
3. Implement automated on-chain operations

Representative Project Analysis

Spectral

Spectral is a machine intelligence network that allows users to build on-chain AI Agents. Its main products include:

• Spectral Syntax: Officially developed collection of Agents
• Spectral Nova: Decentralized Machine Learning Inference Platform
• Agent Wallets: Encrypted wallets integrated with AI Agent
• Inferchain: Layer 1 centered on AI Agent

Spectral achieves ecological incentives through the $SPEC token. It is currently listed on multiple exchanges, with a circulating market value of approximately $85 million.

GaiaNet

GaiaNet is a distributed AI infrastructure aimed at building a decentralized AI Agent ecosystem. Its core components include:

• GaiaNet node: A software stack for quickly deploying professional AI Agents.
• GaiaNet Domain: A collection of AI Agents for specific domains
• GaiaNet DAO: Ecological Governance Mechanism

GaiaNet has not issued tokens yet, but has completed a $10 million seed round financing.

Other Early Projects

• Zotto: AI Agent platform for executing trading intentions
• AgentLayer: AI Agent Layer2 based on OP Stack
• Olas Network: Off-chain AI Agent Ecosystem
• Theoriq: Modular AI Agent Base Layer
• AgentCoin: Universal Web3 AI Agent
• Giza: Web3 AI Agent Framework

The combination of Web3 and AI Agents is still in its early stages, but it has already shown great potential. With more innovative projects emerging, this field is expected to grow rapidly in the coming years.