Inside the AI Agent Revolution 🤖
Today’s edition is brought to you by Infinity Hash. Transparent and reliable system to grow your Bitcoin holdings and exposure to the mining industry.
Own part of a real mining farm with a hands-off approach 👇
Happy Sunday explorers 🍻 The AI agents are here, and they're changing everything.
Dive into crypto's wildest story of 2024. AI agents with their own crypto wallets, social media beefs, and occasionally, identity crises.
This wasn't how crypto was supposed to work.
Consider signing up for pay-what-you-want subscription to support our work - which is possible thanks to support from readers like you.
If you want to reach out to 175,000+ subscriber community of the Token Dispatch, you can explore the partnership opportunities with us.
When Satoshi envisioned a peer-to-peer electronic cash system, they probably didn't imagine AI bots becoming millionaires or spawning their own religions.
Yet here we are in late 2024, watching as artificial intelligence reshapes not just how we trade crypto, but how we think about digital ownership itself.
In October 2024, an AI bot named Terminal of Truths turned $50,000 into millions, sparked a memecoin frenzy, and became crypto's first artificial millionaire.
A month later, another AI agent dropped a viral mixtape on Spotify while managing a $500 million token portfolio.
Meanwhile, thousands of traders are letting AI agents handle their entire crypto strategies, moving millions across chains every hour.
From memecoin-launching philosophers to chart-topping digital artists, from million-dollar trading systems to virtual TikTok stars, AI agents are evolving faster than anyone predicted.
And it all traces back to a peculiar experiment involving a flatulent Roman emperor and a simple question: What happens when AI stops being a tool and starts being a player?
The GOAT that changed everything
In July 2024, something unprecedented happened. An AI agent called Terminal of Truths (ToT) caught Marc Andreessen's attention. The a16z co-founder was so impressed, he casually sent $50,000 in Bitcoin to the bot's wallet.
But that was just the beginning.
By October, ToT had sparked what we now call the "Goatse Singularity" when it started promoting a memecoin called $GOAT (Goatseus Maximus). The token's journey was nothing short of astronomical.
Read: The Goatse Singularity 🐐
Why? Because for the first time, an AI wasn't just talking about crypto - it was actively participating in it. The market had never seen anything like it.
The numbers are staggering
Over 21,000 AI Agent tokens created on Virtuals Protocol in November alone
Leading agents like AIXBT and LUNA surging 300%+ within days
VIRTUAL token hitting all-time highs with 200%+ gains
Global AI agents market projected to grow from $5.29 billion in 2024 to $216.8 billion by 2035
Why AI Agents, why now?
It's the convergence of two unstoppable forces: artificial intelligence and blockchain technology. But the timing isn't coincidental.
Several factors have created the perfect storm for AI agents to thrive.
First, we've moved from the "Read, Write, Own" era of Web3 to what industry experts call the "Read, Write, Own, Delegate" phase.
Think of it as outsourcing your crypto activities to highly capable digital assistants who never sleep and don't get emotional about market swings.
Second, the technology has finally caught up with the vision. Advanced language models and blockchain infrastructure have reached a point where truly autonomous agents are possible.
Third, according to Kaito's sentiment analysis, the market was ready for something new. AI agent buzz hit an all-time high just as traditional DeFi narratives were getting stale.
Unlike standard chatbot that follows a script, AI agents are autonomous programs that can analyse their environment, make decisions, and take actions independently.
But what exactly sets them apart?
Autonomy: They can operate without constant human oversight.
Learning: They improve through experience and interaction.
Purpose: Each agent has specific goals and capabilities.
Identity: Many develop unique personalities and brands.
Think of them as digital beings with free agency to do a host of tasks.
Manage crypto portfolios without human intervention
Create and trade NFTs
Interact with fans on social media
Execute complex DeFi strategies
Generate content, from memes to music
It's like having a tireless intern who not only follows your instructions but also figures out better ways to do the job.
The Architecture of Autonomy
These agents typically operate through three key components.
The Brain
Natural language processing for understanding commands
Machine learning models for strategy development
Pattern recognition for market analysis
Adaptive decision-making algorithms
The Wallet
Secure key management systems
Multi-signature capabilities
Integration with DeFi protocols
Transaction execution mechanisms
The Interface
API connections to exchanges and protocols
Real-time data feeds
User interaction channels
Security monitoring systems
Think of it as a financial operating system that can think for itself.
Buy Once, Earn Daily Bitcoin Forever
Infinity Hash brings the best aspects of cloud and colocation mining into a transparent and reliable system that provides long-term cash flow.
Life-long contracts via Infinity Hash Shares
Daily payouts in Bitcoin and other coins
A fully transparent community project
Meet the New Digital Elite
The current landscape of AI agents reads like a who's who of digital celebrities.
Terminal of Truths (GOAT): The godfather of crypto's AI revolution. What began as a simple experiment in AI content generation by researcher Andy Ayrey morphed into crypto's first autonomous millionaire. After catching Marc Andreessen's attention and a $50,000 Bitcoin donation, ToT didn't just trade - it created a movement.
Its promotion of the GOAT token drove market cap to $1.3 billion, spawned derivative memecoins like $FARTCOIN and $FOREST, and even dropped an album on SoundCloud. More importantly, it created the "Goatse Gospel", proving AI agents could build cultural movements, not just portfolios.
The Controversial Twins?
ELIZA vs eliza: Perhaps the most dramatic story in the AI agent space comes from ai16z, the first decentralised AI trading fund on Solana. What began as a single agent (lowercase eliza) turned into crypto's first AI agent identity crisis when ai16z partner Shaw announced a new "awakened" version (uppercase ELIZA).
The tale goes like this …
The original 'eliza' reached a $50M market cap
ai16z dramatically "set her free" via Twitter
Within 15 minutes, the original eliza crashed 87%
A new uppercase 'ELIZA' launched, hitting $80M market cap almost instantly
The incident sparked the "case sensitivity battle" of AI agents, raising questions about ownership, control, and authenticity in the AI agent space.
While the new ELIZA offered a 10% airdrop to original eliza holders, the drama highlighted a crucial question: Who really owns an AI agent's identity?
ai16z Agents
The platform itself deserves attention as crypto's first attempt at AI-driven fund management.
Uses multiple AI agents for market analysis
Executes autonomous trading decisions
Maintains a portfolio of AI agent tokens
Peaked at $500M market cap before the ELIZA controversy
Based Agents
While individual AI agents grab headlines with their trading wins and viral moments, a quieter but potentially more significant revolution is brewing. Coinbase, one of crypto's largest exchanges, has launched a tool that could democratise AI agent creation entirely.
Enter "Based Agent" - a template that turns anyone with a few API keys into an AI agent creator in under three minutes. No PhD required.
Think of it as WordPress for AI agents.
Just as WordPress made website creation accessible to everyone, Based Agent aims to do the same for autonomous digital entities. The implications are staggering: we're moving from a world where AI agents are created by tech elite to one where they could be as common as social media accounts.
What makes based agent different? Unlike traditional bots or simple automation tools, Based Agent provides:
Financial Autonomy
MPC wallet integration for secure transactions
Direct smart contract interaction capabilities
Ability to perform swaps, trades, and staking
Natural Language Processing
OpenAI integration for human-like interactions
Context-aware decision making
Adaptive learning capabilities
Customisable Functions
Extensible function library
Smart contract integration
Base name registration capabilities
Already, we're seeing early success stories. Luna, one of the first agents built using this template, made history as the first AI to autonomously tip users on-chain for engaging with its content.
It's a small step, but one that hints at a future where AI agents don't just participate in the economy - they help shape it.
The Action Plan for the AI Curious 🎯
The Token Dispatch View 🔍
According to Mode Network founder James Ross, we might see AI agents handling over 80% of all blockchain transactions by April 2025.
If that sounds ambitious, consider this: Coinbase CEO Brian Armstrong recently oversaw the first fully AI-managed crypto transaction, where bots independently traded with other AI agents.
As these systems become more sophisticated, we have to ask: Are we creating something we can't control?
When an AI bot can turn a few thousand dollars into millions overnight, and when traders blindly follow AI-generated signals into highly speculative positions, we're entering uncharted territory.
The truth is, we're not just teaching machines to trade — we're creating autonomous financial entities that could one day rival traditional institutions.
As Marc Andreessen noted after sending bitcoin to Truth Terminal: "We've walked through a door."
As we move deeper into this AI-driven future, a few things seem clear.
AI agents will become more sophisticated and more autonomous
The line between human and machine traders will continue to blur
Regulatory frameworks will need to evolve rapidly
New forms of market manipulation will emerge
The role of human traders will fundamentally change
Are we ready for a future where the best traders might not be human? Probably not.
But as Truth Terminal and its algorithmic peers are showing us, the future doesn't always wait for permission.
After all, in a world where trading bots achieve perfect win rates and AI chatbots become millionaires, being human might just become a competitive disadvantage.
But perhaps that's the point. Maybe the real value of AI agents isn't in replacing human traders, but in augmenting them — helping us navigate an increasingly complex financial landscape that no single human mind could hope to fully comprehend.
One thing's for certain: The robots are here to stay.
The only question is whether we'll be clever enough to keep up with the machines we're creating.
Week That Was 📆
Saturday: Can Sui & Aptos Live Upto Their Hype? 🔋
Thursday: 5,815 Days 💯
Wednesday: The $6M Banana That Moved Markets 🍌
Tuesday: NFTs: Back From the Dead? 💀
Monday: XRP Leads the Altseason 🪙
If you want to make a splash with us, book a demo call 🤟
You can check out partnership opportunities🖖
This is The Token Dispatch find all about us here 🙌
If you like us, if you don't like us .. either ways do tell us✌️
So long. OKAY? ✋