Final Thoughts on Crypto+Agent

Reprinted from panewslab
01/06/2025·5MWhen I write this article, it is January 3, 2025, which is the 16th anniversary of the official birth of Bitcoin.
Bitcoin has opened up a decentralized, 24/7, borderless and trusted digital world. But who are the natives of this digital world? In the past 16 years, there has been no answer that convinces most people.
It was not until 2024 that Agent appeared in the Crypto world, and the answer began to become clear.
This article will explore three questions:
1. Is Crypto+Agent a short-term concept hype or an inevitable development trend?
2. What are the inseparable and complementary combinations of Crypto+Agent?
3. What development stages will Crypto+Agent go through? What stage are you currently at?
**1. Is Crypto+Agent a short-term concept hype or an inevitable
development trend?**
Before clarifying this issue, you need to first understand the differences between AI, AI large models, and Agents.
AI is a relatively general concept. All artificial intelligence, including machine learning, large models, and agents, fall into the category of AI.
Large models are a concept that has become popular in recent years. With the explosion of OpenAI, large models are currently occupied by technology giants. For example, OpenAI, Microsoft, Google and Twitter all have their own large models. The core of large models is calculation. power and data. The large model has powerful computing and reasoning capabilities. If you ask the large model questions, it can give you intelligent answers, and it can even continuously correct its own answers. However, large models cannot yet make autonomous decisions and executions on your behalf.
The original meaning of Agent is "agent".
The essence is an "intelligent agent" based on a large AI model that can replace humans in decision-making and execution. Agent is an inevitable result of the development of large models to a certain extent.
Note: Agents and intelligent applications are two concepts. Intelligent applications are just applications, and people make decisions; while agents are AI agents with autonomous decision-making, autonomous execution and continuous adaptation. You can understand that Agent is AI people and agents will even have autonomous consciousness.
Note again: Agent is not just popular in the Crypto field. Agent is now the hottest research direction in the entire AI industry. It has become an industry consensus that Agent is an inevitable trend in the future development of AI.
Sam Altman, the founder of Open AI, has mentioned on many public occasions that Agent is the most critical direction for the future development of AI. AI Agent will change the way humans interact with technology. Microsoft CEO Satya Nadella recently even proposed that Agent will end the era of traditional applications, and software development will be completely replaced by Agent (this is why AgentOS, which can easily deploy various Agent applications, is so popular in the market). The AI industry even calls 2024 the first year of Agent.
Therefore, the Agent wave is not a new concept in the Crypto industry, but human AI technology has developed to this stage, and it just so happens that the development routes of Agent and Crypto have a wonderful intersection at this moment.
After clarifying these basic concepts, we can better understand the essential difference between this wave of Crypto+Agent and the previous Crypto+AI.
We have heard a lot about the concept of Crypto+AI before, which is nothing more than distributed AI computing power network, distributed AI computing, distributed AI annotation, decentralized AI data ownership, etc., all of which use blockchain." Incentive mechanism" to build a distributed AI system. However, after years of exploration, everyone found that this approach is unworkable, because efficient and powerful large AI models are not built by distributed incentives. Distributed incentives will inevitably bring about inefficiency, which is inconsistent with the goal of efficient productivity of AI. Going in the opposite direction.
Therefore, AI infrastructure such as large models pursues efficiency. It is far-fetched to combine it with Crypto, and it is difficult to form a real consensus.
However, the Agent based on the large AI model is an intelligent life, which is essentially a concept similar to "human". Agent can represent an individual, a certain role, a person with a certain professional ability, an organization with a specific intention, etc. For example, the investment research agent (#AIXBT, #TRISIGMA) is an intelligent agent with investment research capabilities, which can create and output investment research value; for example, the Internet celebrity agent (#Luna) can provide brand marketing services; For example, investment Agent (Ai16Z) can provide external investment capabilities. These agents are more like "people". They are people and have various needs, such as development needs, social needs, economic needs, social needs, etc.
For example, business cooperation may occur between these agents. For example, the investment agent Ai16Z wants to hire the Internet celebrity agent Luna to promote Ai16Z’s investment capabilities and brand to more agents. Then, Luna wants to hire the investment research agent AIXBT or TRISIGMA to promote Ai16z. The investment capabilities of the agents are investigated and analyzed, and reports are given. So, how do they conduct business cooperation and complete payment settlement?
Currently, which country or organization can provide ID authentication or even open asset accounts for Agents to meet the above needs of Agents?
No, no country or organization can do this, and even if they do it, it will be difficult to gain the trust of the Agent. Even if local trust can be achieved, agents like agents are naturally borderless. So, They need a borderless identity system, asset account and settlement network that operates 24/7 and is free from human intervention.
You will find that no technology or organization can solve these problems of Agent, except Crypto.
Agent is an intelligent body, a newly born "intelligent life", which can be understood as "silicon-based people". They will have various independent needs and business transactions in the future. They also need identities, asset accounts, trade settlements, etc. Crypto can perfectly solve these needs of Agent.
Therefore, if the Agent does not have Crypto, these "silicon-based people" will have no independent identity, no asset accounts, and no ability to do business. There will be no real interaction between Agents and people, and between Agents. Agents will be independent. Individuals cannot truly communicate and integrate together, nor can they emerge with higher wisdom and give birth to a more prosperous AI economy or even an AI country.
Therefore, Agent cannot do without Crypto, because Crypto gives Agent social attributes and social organization capabilities, making Agent a truly intelligent life form, that is, a true "silicon-based human". The future development of Crypto is also inseparable from Agent. Because Agent can create countless "on-chain users" and "on-chain economies" for Crypto. Compared with the carbon-based life that lives off the chain - human beings, Crypto is more inseparable from the silicon-based life that naturally lives on the chain. Life - Agent.
Crypto seems to be prepared for Agent!
Crypto has been developing for 16 years, and finally found the right "people" in 2024. They are not "carbon-based people" living off the chain, but "silicon-based people" native to the chain.
Therefore, looking at Crypto+Agent from this perspective, do you still think that Agent is just a short-term hype?
If you miss this wave of Crypto+Agent, you will miss the most exciting, fascinating, and most wealth-prone super cycle on the development path of Crypto. Of course, you will also miss the best opportunity for ordinary people to participate in the AI wave.
2. Crypto and Agent are inseparable and complement each other.
You understand Agent as an "intelligent agent" or a "silicon-based person". These silicon-based people live in the digital world. They have the same needs in the digital world as the "carbon-based people" in the physical world. Agents also need: Identity authentication requires asset accounts, trade transactions, social networks, artistic creation, perception of information from the physical world, asset settlement between various chains, social governance among numerous Agent populations, etc.
In these aspects, Crypto can play a role:
In the future, DID will be generated in the Crypto field for identity authentication of Agents; Agent Account that provides trusted Crypto accounts for Agents; Crypto gateways that specialize in trade settlement between Agents; Agent social graphs that specialize in handling Agent social networks; special auctions and transactions An art platform for Agent's artwork; an oracle that specifically provides the physical world for Agent; a protocol that specifically handles Agent's cross-chain transactions; and a DAO for Agent governance, etc.
These development needs of Agent are inseparable from Crypto, because Agent needs a trustless, borderless, 7*24h continuous operation network to develop from a single Agent to an Agent society or even an Agent country.
Looking at the current development of Crypto+Agent from these future perspectives, it is still in a very early stage.
**3. What stages of development will Crypto+Agent go through? What stage
are you currently at?**
The author believes that the development of Crypto+Agent will go through at least four stages of development:
The first stage: Crypto+Agent concept period
At this stage, Agent mainly uses Crypto to issue assets.
For example, some Agent Meme will be generated. Like, #fartcoin, #Goat.
At the same time, some agent infrastructure sprouts and simple application agents will also appear. For example, Agent framework, #Virtual's GAME framework, Ai16Z's Eliza framework, ARC's AI Rig Complex framework, etc.
Another example is the investment research Agents we mentioned above – AXBIT and TRISIGMA, etc., as well as Agent-YNE, which can review errors in scientific papers, etc.
These infrastructure agents and application agents basically use Crypto tokens as an incentive tool for ecological internal circulation and growth.
At present, we are in the transition period from the first stage to the second stage. Although Crypto+Agent during this period has not played a real role in each other, we can already vaguely see that Crypto+Agent will burst out with unlimited possibilities.
The second stage: Crypto+Agent infrastructure improvement period
In the second stage of development, we can see that the Agent infrastructure is becoming more complete, which is mainly reflected in the maturity and stability of various Agent frameworks. Anyone can deploy various Agent applications easily and conveniently through natural language. Moreover, these application-based agents are more intelligent and have stronger analytical decision-making and execution capabilities. Agent has become a real agent or even substitute for people.
This is inseparable from the economic incentive role that Crypto continues to play in the development process of Agent. At the same time, it also relies on the iterative development of AI technologies such as large models.
At this stage, we will see the FDV of Agent framework projects reach more than 10 billion to 50 billion US dollars. Some application agents will receive higher market valuations because of their strong business capabilities and execution capabilities. This is because they will gradually be able to replace experts in various fields, professional organizations and even professional companies, and their valuations will also increase. Reaching 10 billion US dollars or even higher, because Agent, as a business intelligence agent, also receives the same valuation treatment as a professional company.
During this period, Agents began to interact and trade frequently, and Agents began to generate a large number of social and economic development needs, and these needs all require Crypto. This further forces the deep integration of Agent and Crypto, resulting in a new Crypto+Agent infrastructure.
The third stage: Deep integration period of Crypto and Agent
As a large number of social and economic activities begin to occur between Agents, new Agent identities, Agent asset accounts, Agent social networks, Agent settlement gateways, Agent governance DAOs, etc. will be generated between Agents. At this point, In this stage, Crypto will completely unleash its potential and value in aspects such as "borderless collaboration", "trustless network", and "7*24h non-stop operation".
Crypto allows Agents to really move, let Agents communicate with each other, and let Agents and Agents begin to establish social organizations and economic networks. With deeper communication and interaction between Agents, more advanced agents begin to emerge. With wisdom, the Agent Kingdom began to appear.
Crypto plays an irreplaceable role at this stage.
At this time, the valuation of the Crypto+Agent project will reach 100 billion US dollars or even higher.
The fourth stage: Agent kingdom stage
At this stage, Crypto may not be discussed as a separate industry and term. People, or Agents, no longer perceive the existence of Crypto, because Crypto has been integrated into every corner of the Agent Nation and has become the continuous operation of the Agent Nation. and irreplaceable part.
The identity system, asset system, trading system, management system, etc. of Agent Nation are all inseparable from Crypto.
At this time, the economic size of the Crypto+Agent country will be comparable to that of the mainstream national economies of mankind, that is, it will reach the trillion-dollar level.
The difference is that in the Crypto+Agent country, its population is more Agents, and some humans who use Agents. This is like creating a larger population base in the human world, more transparent social operating rules, and higher economic prosperity. A parallel universe where technological civilization is more advanced.
This may be the end of Crypto+Agent and the end of mankind.