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Teng Yan & Joshua Ho: Weekly AI Edge #3
GM! Welcome to Chain of Thought, the best research on decentralised AI in the crypto space. You’re in great hands.
In this X edition of our weekly AI Edge, we cover:
- Ora Protocol and Allora both completed funding rounds
- Summary of Balaji’s Crypto x AI talk
- Project spotlight – MyShell AI
- Our favourite tweets on X
🦍 State of the Market..
The chop continues with the Crypto x AI total market cap at $28.6 billion today, pretty much the same as last week. Probably the quietest it’s been in group chats and on X in a long while. GCR, where art thou?
📊 Chart of the Week
Autonolas
Source: Dune @jhackworth
From January of this year, the number of Autonolas AI agent transactions has doubled. Autonolas’ 453 agents now complete over 38k weekly transactions. It’s a tiny number still, but it suggests that there is demand for AI agent activity.
In the future, AI agents will probably make up much of the total on-chain activity. It’s just a question of when.
🏆 Caught Our Eyes..
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