Why do we have to have confidence in the AI Agent track?

Author:Haotian

Why do we have to have confidence in the AI Agent track? Next, let me share some thoughts:

1) Although like the inscription track, the focus of AI Agent's Fomo is still the "asset issuance" feature, but compared with the limitations of carving on gold, AI Agent naturally takes "application front-end" as its starting point. You may doubt whether $AIXBT, a single AI, can support a market value of 500 million, but @aixbt_agent, as a top KOL, has a growing number of fans and the "practicality" of referring to its analysis strategy investment.

For single AI, a good product user experience is the foundation, and then other expectations are stacked on top;

2) AI Agent's thin application-style lightweight deployment, MEME-based community distribution, IGO (GitHub) listing method, etc., have reconstructed and reshuffled the old technology innovation narrative logic that was driven by VC capital in the past, which was to tell the market a roadmap story and finally exit through TGE.

The solidified DEX-->CEX tiered listing industry chain cannot solve the problem of high FDV listing and retail investors’ difficulty in profit expectations, so we should simply change the order to give retail investors the opportunity to pick up high-quality chips from the source;

3) The emergence of AI Agent is not about stacking a new narrative, it can redeem the old narrative that was stagnant in the past. For example, the metaverse was very illusory due to issues such as development costs and delivery realization under the market expectations driven by the last round of NFTs, but the metaverse in the context of AI Agent is relatively down-to-earth; in addition, the artificial rug pull problem in the DeFi industry can be reconstructed by AI Agent's autonomous management of private keys, etc.

AI Agent combined with old narratives has the power to turn decay into magic. The popularity of TEE is just the beginning. We are waiting for hot narratives such as "chain abstraction, zkVM, intent-centric" to become the focus of market topics one by one.

4) AI Agent currently has a pitiful market value of 15B in the web3 direction. To catch up with the DeFi Summer-level narrative, it is expected to reach a market space of about 300B-500B. This alone has an incremental expectation of 20-50 times. If you also take into account the entire web2 trillion-dollar market expectation, you will definitely know that the current AI Agent is still in its infancy.

Don’t overlook the fact that the TVL asset lock-up in the DeFi market is very different from the current MCAP value assessment of AI Agent. If AI Agent is combined with the multiplier effect of the SaaS platform economy, the potential for growth will be even greater than the pure TVL valuation of DeFi.

5) AI Agent's core ai16z + Virtual, two turbochargers, are rapidly siphoning all resources related to the Crypto market and AI. Rather than defining ai16z as a project, it is better to say that it is a large commercial IP, which will drive the rapid evolution of other projects in the entire AI track, such as many AI platforms that provide AI computing power, data, reasoning, algorithms, etc., as well as other related fields such as DeFi, Socialfi, prediction market, DePIN, GameFi, etc.

Recently, ai16z launched Aipool $MetaV, which made Phala Network, which is unknown in the industry, a typical case. Holding on to ai16z is not just a slogan, but the beginning of the catfish effect in the industry under the catalysis of ai16z. Soon, DeFAI, GamfAI, SocialFAI, DePINFAI, etc. will come along;

6) AI Agent is a product of the "off-chain" environment, but the "chainization" process has been launched vigorously. The data training of the LLMs large model and the prompt interaction process are all off-chain, and even the data storage service and front-end UX interaction behind the AI Agent rely on off-chain environments such as Twitter and Discord.

This means that AI Agent has a strong demand for "chaining", which will generate the demand for building new chain projects based on frameworks such as ElizaOS, such as the birth of $Focai; at the same time, it will also give traditional old chains some possibilities to embrace new opportunities, such as @GoPlusSecurity's integration of security module plug-ins.

In one point, AI Agent breaks the narrative logic of the past pure "on-chain" Lego stacking buildings. A new infra construction demand that combines on-chain + off-chain to support AI Agent's autonomy, immortality, and multi-modal collaboration is on the agenda. Isn't such a huge incremental expectation more likely than waiting for the passive variable of application landing?