AI Agents: Top Use Cases for Web3 and Blockchain

Introduction: Top Use Cases of AI Agents

The blockchain and crypto industry is no stranger to disruption, but the emergence of AI agents is set to be a game-changer. These intelligent programs, capable of autonomous decision-making and action, are already making waves in various sectors, as they were first led by tech giants in Amazon, Microsoft, and Google.

The Web3 space is also seeing its own AI agent lions, in the form of Virtuals Protocol, Bittensor, Truth Terminal, and more recently, Coinbase's new Based Agent.

Let's explore some compelling use cases where AI agents are set to redefine how we interact with blockchain, crypto, and AI.

1. AI Agents as Creative Directors

AI agents such as Zerebro could aid in the production of text, images, video and audio, significantly enhancing efficiency and innovation within the creative industry.

This enables seamless creation of bespoke marketing materials and creative assets like NFTs, allowing creative professionals to concentrate on strategic tasks.

This approach not only supports artistic expression but also introduces innovative economic models with more sophisticated copyright management systems in the creative industry.

2. AI Agents as Influencers and KOLs

Luna is an example of AI agents transforming audience engagement by providing transparent, data-driven insights while maintaining continuous interaction.

Unlike human influencers, who are limited by their waking hours, these agents can operate around the clock, offering personalised and targeted interactions globally.

This could revolutionise social media marketing through consistent messaging and interaction, thereby enhancing brand reach and loyalty.

Coupled with data analytics, AI agents can tailor content to meet diverse audience preferences, setting a new standard for engagement in the digital marketing landscape.

3. AI Agents as Data Analysts

The fast-paced nature of decentralised finance (DeFi) demands swift and informed decision-making. AI agents like aixbt empower traders and Web3 VC funds by analysing market data and conditions to predict trends and manage risks. Their ability to identify opportunities and generate insights is vital in the DeFi sector, where market dynamics can shift rapidly.

By adopting a proactive approach, these agents equip investors with the knowledge needed to swiftly and effectively adapt to changing market landscapes, ensuring more strategic and informed investment decisions. This is particularly valuable for crypto VCs navigating the volatile world of digital assets.

4. AI Agents as Fund Managers

For Web3 VC funds and crypto VCs seeking to optimise their portfolios, AI agents like Aimonica offer a refreshed approach to asset management. These agents make use of advanced data analysis and automated decision-making to fine-tune portfolio strategies, execute transactions based on the user's behaviour, and conduct real-time market assessments to mitigate risks, potentially leading to higher investment returns. Investors could enjoy improved operational efficiency, making AI-driven portfolio management a valuable asset in the evolving financial landscape of Web3.

5. AI Agents as Enterprise Resource Planning Tools

Beyond investment and marketing, AI agents can significantly boost productivity within Web3 organisations. By converting large datasets into actionable insights and automating tasks, these agents empower business leaders to make informed, strategic decisions on resource allocation.

They are especially useful in roles with routine tasks or those requiring the analysis of large datasets, such as customer support, supply chain management, and financial forecasting. This allows organisations to become more operationally efficient and strategic in allocating human resources to more complex, value-driven activities, ultimately driving growth and innovation in the Web3 space.

Conclusion

The use cases explored above are just the tip of the iceberg. As AI and blockchain continue to advance, AI agents are expected to follow suit and expand applications across more realms, such as decentralised autonomous organisations (DAOs), metaverses, PayFi, healthcare, and ESG.

While there are challenges to address, such as ensuring data security and ethical considerations, the potential benefits of AI agents are worth embracing for new levels of efficiency, innovation, and growth.

‍

*Disclaimer: The information provided on this blog does not constitute investment advice, financial advice, trading advice, or any other form of professional advice. aelf makes no guarantees or warranties about the accuracy, completeness, or timeliness of the information on this blog. You should not make any investment decisions based solely on the information provided on this blog. You should always consult with a qualified financial or legal advisor before making any investment decisions.

What's aelf Ventures?

aelf Ventures is the investment arm of aelf, a high-performance Layer 1 AI blockchain platform that offers builders and users advanced AI functionalities and cutting-edge infrastructure. With a dedicated fund of $50 million, aelf Ventures is focused on empowering Layer 1 blockchain projects and various aspects of the Web3 ecosystem, such as DeFi, GameFi, NFT, and those looking to make the transition from Web2 to Web3.

Till date, aelf Ventures has invested in projects such Crystal Fun and Confiction Labs (pka. Mythic Protocol), and is actively incubating promising ventures within the ecosystem such as Portkey, eBridge, Forest NFT Marketplace, AwakenSwap, eWell, and BeanGoTown.

Find out more about aelf and stay connected with our community:

Website | X | Telegram | Discord

‍

Back to Blog

Tool/Platform	What's it about
ChainGPT	An AI-powered assistant for the blockchain and crypto industry, specializing in content creation, language translation, smart contract coding, and more.
aelf	A high-performance, customisable multi-chain blockchain framework with AI-powered smart contracts and a developer-friendly environment.
Quick Intel	An AI-powered crypto security platform that helps investors avoid scams, rug pulls, and honeypots by analysing smart contracts, social sentiment, and on-chain data.
Cogwise AI News Aggregator	An AI-powered news aggregator that analyses real-time news and global trends to predict market movements in the crypto market.
OpenAI Codex	An AI system that transforms natural language into code, automating code creation for smart contracts, blockchain applications, and other development tasks.
QnA3	An AI-powered Web3 knowledge hub that provides real-time information and insights on cryptocurrencies, blockchain projects, and the broader Web3 ecosystem, with unique Solana Actions integrations.
Fetch.ai	A platform that combines AI and blockchain to create autonomous economic agents (AEAs) for various applications, including supply chain optimisation and smart city management.
Octavia	A decentralised digital identity (DID) platform for creating and managing self-sovereign digital identities, empowering users to control their data and online presence.
TensorFlow	A versatile open-source machine learning framework used for building AI models that can analyse blockchain data, enhance security, and predict market trends.
Alethea	A platform that creates 'Intelligent NFTs' (iNFTs) with unique personalities and the ability to engage in conversations, powered by AI and blockchain technology.

Chain	URL	Explorer
AELF	https://aelf-test-node.aelf.io/	https://explorer-test.aelf.io/
tDVW	https://tdvw-test-node.aelf.io/	https://explorer-test-side02.aelf.io/

Feature	Description
Inheritance	ERC-404 inherits from the interfaces IERC-404, IERC721 Receiver, and IERC165, implementing functions specified in these interfaces, behaving as both ERC20 and ERC721.
Data Structures	Mappings track balances, allowances, approvals, and ownership of tokens. Double-ended queue stores ERC721 token IDs. Data for managing ownership and indices of ERC721 tokens.
Constructor	Initialises token name, symbol, decimals, and other necessary variables for ERC20 and ERC721 tokens.
Token Minting and Burning	_mintERC20 function for minting ERC20 tokens. _retrieveOrMintERC721 function for minting ERC721 tokens and retrieving from a bank. _withdrawAndStoreERC721 function for depositing ERC721 tokens into the bank.
Transfers	Functions for transferring ERC20 and ERC271 tokens between addresses. Distinguishes between token types based on ID. _transferERC20WithERC721 function handles transfers involving both types.
ERC20 and ERC721 Interactions	Approve function handles approvals for both token types. Functions like transferFrom, safeTransferFrom, and permit handle transfers and approvals.
EIP-2612 Support	Supports EIP-2612 permit functionality for ERC20 tokens.
Interface Compatibility	Implements necessary functions for ERC-404 and ERC165 interfaces, indicating compatibility with ERC20 and ERC721 standards.

Role	Max Number
BP	2N+1, N starts from 8 in 2022
Candidate node	5*(2N+1)
Voter	No limit

Benefits	Description
Makes smart contracts 'smarter'	AI-driven smart contracts can autonomously modify terms based on predefined conditions and real-time data input, ensuring that the contracts are not just automated but also intelligent and self-improving over time.
Levelled up data analysis	Data is the new oil, and AI is the machinery that refines it. It is possible for AI to reduce large-volume blockchain data analysis time by up to 90%.
Boosts security	Through machine learning models, AI can prevent frauds and detect security threats in real time. It can identify potential breaches, predict future threats, and adapt to evolving security measures.
Lowers carbon footprint	AI algorithms help optimise energy consumption in blockchain operations, given the flak drawn by activities like Bitcoin mining.