Franklin Templeton AI Agent Report: 10 projects worth paying attention to

Original title: Intersection of AI Agents the Crypto Ecosystem

Original article by Franklin Templeton Digital Assets ( @FTDA_US )

Compiled by: Asher ( @Asher_0210 )

In recent months, AI Agents have attracted much attention in the cryptocurrency space, spurring a wave of innovation and experimentation in the various ways of interacting with them in the crypto world. Originally designed and created by developers, AI Agents are complex software entities designed to autonomously complete various tasks using artificial intelligence. These intelligent agents have varying degrees of autonomy and are able to make intelligent decisions based on their programming logic and the data obtained through advanced algorithms.

AI Agent represents a new fusion of artificial intelligence and cryptography, with autonomous AI entities capable of managing tokens, engaging in social media interactions, and even influencing market trends. This area of innovation was pioneered by Andy Ayrey, who developed an AI chatbot called Truth Terminal. The chatbot was trained on internet culture and the concept of the Infinite Room, a virtual space where AI models can autonomously engage in conversations without direct human intervention. As an AI chatbot, Truth Terminal is designed to use artificial intelligence technology to simulate human conversations, with the ability to understand input, respond, perform tasks, and autonomously participate in interactions.

Truth Terminal’s capabilities first became apparent when it began publishing content through the X account ( @truthterminal ), and quickly attracted widespread attention, especially after its associated crypto wallet received a $50,000 Bitcoin donation from a16z venture capital partner Marc Andreessen, a generosity that put Truth Terminal in the spotlight in the summer of 2024.

Truth Terminal was trained in Internet subcultures and showed a keen interest in the satirical religion Goatse Gospel generated by AI. This interest prompted developers to create the Meme coin GOAT (Goatseus Maximus) based on the Solana ecosystem. When Truth Terminal publicly endorsed GOAT on its X account, the price of the token soared rapidly, and its market value once exceeded US$1 billion (the current market value is approximately US$330 million). In addition, Truth Terminals public statement also inspired the emergence of other tokens, such as FARTCOIN, whose market value has now reached approximately US$980 million. Therefore, according to the cookie.fun platform data, the current AI Agent head projects divided by market value are as shown in the figure below. (Data source: https://www.cookie.fun/ )

The craze surrounding AI Agents is not groundless. It is conceivable that in the future, AI Agents will completely revolutionize content creation on social media and play an indispensable role in various industries. These intelligent agents can launch their own brands, products, music, and movies, bringing huge economic value to their ecosystems.

At the same time, the exploration of how AI Agents interact in the blockchain world has attracted enthusiastic attention from the developer community. For example, the framework ELIZA developed by ai16z has attracted significant developer participation on GitHub, as reflected in the growth trend of the number of stars in its repository. Data shows that ai16zs development activity has recently surpassed older and more mature AI projects such as Phidata and LangGraph.

In addition, Virtuals is the AI Agent Launchpad platform with the highest market value, focusing on supporting the opening, deployment and management of AI models. As shown in the figure below, since November 1, 2024, the platform has issued a total of 14,600 AI Agent projects.

It’s clear that the AI Agent projects are still in the early stages of development and experimentation, but some have made significant progress early on. For example, AI Agent project Zerebro has released two music albums and has accumulated over 100,000 streams since November. Similarly, AI Agent project Dolos Diary has attracted over 10,000 followers and millions of total video views since launching its TikTok account in early December.

Although these AI Agent projects have not yet achieved full autonomy and their current practical application scenarios are relatively limited, this emerging field holds great potential. With the continuous advancement and gradual maturity of technology, the development prospects of AI Agents are highly anticipated.