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AI Agents Are Shaping Crypto, But Do They Deliver Real Value?

AI Agents Are Shaping Crypto, But Do They Deliver Real Value?

CoinEditionCoinEdition2024/12/15 16:00
By:Abdulkarim Abdulwahab

SlowMist’s founder critiques AI agents in crypto, citing short-term token incentives rather than real innovation. X user Yuuu defends AI progress in crypto, citing frameworks like Eliza and G.A.M.E. as examples of meaningful development. Commenter Lijiang criticizes buzzword-driven projects, likening them to scams.

  • SlowMist’s founder critiques AI agents in crypto, citing short-term token incentives rather than real innovation.
  • X user Yuuu defends AI progress in crypto, citing frameworks like Eliza and G.A.M.E. as examples of meaningful development.
  • Commenter Lijiang criticizes buzzword-driven projects, likening them to scams.

A Twitter exchange between industry figures has sparked a debate about the role of AI agents in the crypto industry. The discussion revolves around whether current projects offer real innovation or simply focus on token-based incentives.

AI Agents Not Adding Real Value to Crypto

Cos, the founder of blockchain security firm SlowMist, ignited the conversation by expressing concerns about the use of AI agents in the crypto industry. He argued that they are primarily employed to create tokens to generate short-term incentives rather than advance technological progress.

Cos pointed out that large companies outside of crypto have already built advanced AI applications and interoperability protocols. Yet, the crypto world seems stuck on issuing tokens.

However, Cos clarified that he isn’t dismissing all AI projects in crypto. He encouraged the community to look closely at projects and determine which ones offer genuine innovation and which ones prioritize profit over real value.

Community Response and AI Frameworks

In response to Cos’s skepticism, X user Yuuu cited frameworks like AI16Z’s Eliza and Virtual’s G.A.M.E. as examples of real progress in AI agents within the crypto space.

Yuuu explained that Eliza holds the second spot on GitHub’s AI agent frameworks list . He also highlighted the G.A.M.E. framework, which has earned praise for its interoperability and communication features. Developers have given G.A.M.E. positive feedback. Yuuu believes these frameworks represent the future of AI in crypto and deserve more attention.

Cos agreed that these frameworks have value and said he hopes they will gain wider adoption. This suggests he sees the potential of well-designed AI tools that provide tangible benefits to developers and the industry.

Meanwhile, another commenter, Lijiang, denounced projects built on buzzwords like “memes,” “metaverse,” and “AI” but lack practical applications. He argued that such ventures, often built on hype, are essentially scams designed to make money without contributing meaningful innovation.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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