Hong Kong, Hong Kong, November 27th, 2024, Chainwire
AgentFun.AI, a platform for creating and trading AI agents, has announced its launch on Cronos zkEVM. Set to go live on November 27, AgentFun.AI will form the first dapp dedicated to AI agents within the Cronos ecosystem.
AgentFun.AI operates as a platform where users can create, nurture and trade tokenized AI agents. Designed with unique personalities, agents can gain their own fan base and become tradable assets as they reach growth milestones. Each AI agent can interact with users on social media and through on-chain transactions.
After purchasing a small amount of AGENTFUN tokens on the leading Cronos zkEVM DEX H2 Finance, anyone can create their own agent via the AgentFun.AI platform. A nominal 1 $AGENTFUN fee is required for each agent generated. AgentFun.AI has gamified the entire AI agent creation and training process, providing additional incentives for users to launch their own agents and level up their skills.
Agents have been designed to gain new capabilities as they grow, with increased demand from fellow users unlocking new features. Upon reaching a $127.1K market cap, each agent will gain the ability to engage in Telegram chats and the agent will cultivate a liquidity pool on H2 Finance, making it easier for users to trade the agent and for it to be discovered by Cronos zkEVM users.
For agents that prove particularly popular, there are additional milestone-based targets that will unlock enhanced features. At $1.271M market cap, the agent will gain the ability to interact on Twitter. As the market cap increases, additional agent features can be unlocked in the future.
Users are encouraged to create unique AI agents with distinct personalities and stories. Each agent starts out as a bespoke language model (LLM) for conversational interactions before gaining new skills and capabilities. To support socialization and accelerate discovery, users can provide social links when creating their agent, and a new agent token is launched with 1 billion supply in a launch pool. As more users buy the agent token, it will eventually graduate and be listed on H2 finance, using the remaining agent token supply and the earned $AGENTFUN from the sold agent tokens.
Besides the initial 1 $AGENTFUN to create an Agent, the protocol takes a 1% buy & sell fees and charges a 1% fee of the total agent token supply graduation. Fees earned by the protocol are used to cover the cost of agent operations and future community initiatives.
The launch of AgentFun.AI will stimulate adoption and experimentation of the first AI agents on Cronos zkEVM. In the process it will support Cronos’ strategy of becoming a leading AI agent-powered ecosystem. This will encourage other creators to launch AI agent dapps, causing a wave of innovation to flourish on Cronos.
About AgentFun. AI
AgentFun.AI supports a dynamic ecosystem of autonomous AI agents. Its platform enables anyone to create AI agents by leveraging user-provided information. Each AI Agent is tokenized and integrated with the ecosystem’s native token ($AGENTFUN). This token supports essential functions within the AgentFun.AI ecosystem, laying the groundwork for the growth of the AI economy.
Learn more: https://agentfun.ai/
About Cronos
Cronos (cronos.org) is a leading blockchain ecosystem that has partnered with Crypto.com and more than 500 application developers and contributors representing an addressable user base of more than a hundred million people around the world. Cronos’ mission is to make it easy and safe for the next billion crypto users to adopt self-custody in Web3, with a focus on Decentralized Finance and Gaming.
The Cronos universe encompasses 3 chains: Cronos zkEVM, a new high-performance layer 2 network secured by Ethereum; Cronos EVM, the leading Ethereum-compatible blockchain built on the Cosmos SDK; and Cronos POS, a leading Cosmos chain for payments and NFTs.
Cronos ranks among the top 15 blockchain ecosystems, encompassing more than 6 billion dollars of user assets. Since inception, it has securely settled more than 150 million transactions.
On Cronos, users pay transaction fees in $CRO, a blue-chip cryptocurrency.
Cronos is supported by Cronos Labs, a 100 M$ Web3 start-up accelerator focused on DeFi, GameFi, and the development of the Cronos ecosystem.
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