Non Cult Crypto News

Non Cult Crypto News

in ,

Theoriq launches testnet for blockchain-based AI agent network

The organization claims it’s developed a first-of-its-kind blockchain network. 

Own this piece of crypto history

Collect this article as NFT

COINTELEGRAPH IN YOUR SOCIAL FEED

Decentralized artificial intelligence and Web3 firm Theoriq announced the launch of its Testnet on Aug. 8.

According to the announcement, the launch is the first blockchain-based network of its kind for AI agents — autonomous systems that perform specific tasks. 

Theoriq

As Cointelegraph recently reported, Theoriq was accepted into the Google Cloud Startup Program on Aug. 19. As part of the program, the firm received partner access to Google Cloud services and infrastructure in the development of its protocol. 

Its AI agents exist as part of a greater blockchain-based ecosystem where agents can purportedly combine as collectives to perform higher-level functions and perform simultaneous actions across multiple domains. 

Related: US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ 

Testnet

Theoriq announcing the launch of its Testnet on X.com. Source: Theoriq

Theoriq’s CEO and Co-founder Ron Bodkin told Cointelegraph that the company’s mainnet was scheduled for launch later this year.

“Users can also expect open-source protocol fundamentals and a comprehensive security audit,” he said. “Additionally, we will be offering developer grants to support innovation on the platform.”

In the meantime, the firm will use the Testnet phase to further develop its “Agents.”

Bodkin says the company’s Agents are designed to plan, access data, use tools, make decisions, and engage with the real world to carry out specific functions:

“We strongly believe that specialized Agents collaborating in teams, known as Collectives, to tackle increasingly more complex tasks will outperform general-purpose monolithic Agents. These AI Agents can specialize in various tasks or tools such as analyzing social data, querying and accessing trading data, code generation, and image creation, allowing them to Collectively work off each other’s outputs towards a unified goal.” 

Bodkin gave the example of decentralized physical infrastructure (DePIN) providers using Agents to interact with smart contracts, control assets and make micropayments. He says this can greatly enhance automation in Web3 and beyond.

“With this level of agency,” said Bodkin. “Our AI Agents are ready to reshape how we interact with technology, we are starting to enter the Agentic Age.”

Magazine: Anti-aging tycoon Bryan Johnson almost devoted his life to crypto

This article first appeared at Cointelegraph.com News

What do you think?

Written by Outside Source

This GambleFi memecoin is poised to give 20X gains like Rollbit

Early Solana investors discover under $1 SOL rival that could soar 7000x by Q1 2025

Back to Top

Ad Blocker Detected!

We've detected an Ad Blocker on your system. Please consider disabling it for Non Cult Crypto News.

How to disable? Refresh

Log In

Or with username:

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website.

Add to Collection

No Collections

Here you'll find all collections you've created before.