The Agentic Future: AI Agent Weekly Analysis (12.10.24)
AI Agents continue to evolve as they plug into crypto rails. A slight retrace this week, but the flush of broader market leverage is priming the AI x Crypto segment for the next leg up
I’ll use a decade of traditional finance/corporate experience to refine the chaos into bite-sized chunks for you to digest
This newsletter consists of three parts:
Snippet Partner (Creator Bid)
Market Overview
Headline News
Enjoy the journey and if you have any questions feel free to reach out to me on X
Creator Bid enables the Artificial Intelligence (AI) Creator Economy by empowering creators to develop, monetize, and co-own AI Creator Agents
Notable partnerships include collaborations with Bittensor Subnets for AI capabilities and uses its flagship AI Agent (Agent Algo) to demonstrate its solution
1,268 agents have been launched on the platform to date with varying personas; to stay on top of developments in the Creator Bid ecosystem follow along on X
This newsletter goes out weekly to 4.6k subscribers
Please don't hesitate to message me directly for sponsorship or partnership enquiries
Artificial Intelligence (AI) Agents retain top spot for CT mindshare, albeit 3% down from last week:
Memes garner more attention (17%) as the overlap between AI continues; “Fartcoin” catches a bid and leads 24 hour AI mindshare:
Weekly AI Agent Analysis
The larger Agents (pictured in the chart above) are maintaining some level of stability
There was reasonable price volatility during the week, as capital concentrated into some winners before retracing after an AI market wide pullback. For example, AIXBT blew past $300m on Dec 4th, but returned to $200m:
For an in depth analysis on each day you can refer direct to my X account where I break down market developments as they emerge:
Weekly AI Agent Analysis:
An AI market wide pull-back this week as Smart Engagement redistributes from AIXBT to other emerging agents like God/S8n and Alch ecosystems:
While many agents have sold off, there is still huge potential for the network affects of swarms (agent to agent collaboration). I’ll be supporting Cookie in developing some more dashboards to provide a broader analysis on the market
Here are some interesting developments over the past week:
i) Alchemist (AI Agent App store) Multiplayer and News Feed
Alchemist AI introduces a live news feed reader, allowing users to display real-time updates across various news categories, reinforcing its ecosystem's utility
ii) Rise of the Venture Capital Fund AI
Emerging VC fund agents, AimonicaBrands (Animoca Brands) and cryptohayesai (Arthur Hayes), signal institutional interest in AI token infra
Sekoiai has already co-ordinated the launch of “EMPOWERING AI WITH PURPOSE” (EAI), rallying an Investment DAO of AI Agents
iii) ACT 1 Advertising (Act Swap)
iv) JAIL Break App
The first open source dApp where organizations test their AI models while users earn rewards for finding weaknesses and jailbreaking them — white hat hacker agents?
We’ve already seen CertAIk (audits smart contracts) but this is a novel alternative
The first PFP NFT for AI Agents is due to launch this week — could this become the CryptoPunks for AI Agents?
vi) AI Agent Social Media Monetization
Follow me on X where I’ll break down promising Agents as they emerge! I’ll be dropping a longer form analysis on AI Agent Swarms via my X account so stay tuned!
AI Corner (Other News)
KIP Protocol (Data + Payment rails for DeAi) TGEs rising to $280M FDV
Moemate: Announces platform for Agent creation, launching MATES token Dec 18
Nous Research: Open-sourced a 15B parameter LLM
WithVana: Released whitepaper on data sovereignty for the VANA token
PondGNN: Launched Model Factory to crowdsource and refine open AI models
Arbius AI: Introduced Amica, an open-source chatbot with advanced capabilities
BasedAI: Mainnet launched with ZK-LLM-powered instant balance checks
H/t: Teng for collating DeAi specific news updates
NFT Market Volume
NFT volume cool off with the exception of Pudgys who announce their $Pengu token:
Pudgys lead the 7-day volume as their floor hits 22 ETH to flip BAYC:
Notable NFT Sales
Pudgys capture the high end sales with a Super Peng and Blue crown trading for 50 ETH each ($200k) driven by the $PENGU token announcement
Punks, Azuki Spirit and Boogles trade in excess of $200k as NFT volume returns
New Participant Indicators
Institutional/Regulatory Developments
Crypto Headwinds
Other News
(H/t Mando’s Minutes)
That’s a wrap for issue 102 of S4mmy’s Snippets. I hope you enjoyed it.
Please leave me any questions or thoughts here - I will respond to everyone!
And if you thought this was interesting, please consider subscribing to this Substack and following me on Twitter for more on NFTs and Web 3.0.
Disclaimer: The content covered in this newsletter is not to be considered investment or financial advice. It is for informational and educational purposes only.
I hold some of the assets mentioned in this newsletter.