Coinbase has launched a new framework called “Based Agent”. This allows users to create their own AI-powered crypto agent with a wallet on the Base blockchain in just 3 minutes. Coinbase product manager Lincoln Ma, who made the announcement, said the framework is designed to simplify the process of setting up AI agents that can perform a variety of on-chain operations, including trading, swapping, and staking. He said that it has been done.
Murr provided a demo of the tool in a video posted to As mentioned above, it provides an easy template for users to develop automated programs. Features. Once an agent is established, it can engage in smart contracts, manage transactions, perform swaps, and even register its own base domain name.
Based Agent was built using Coinbase’s developer platform Software Development Kit (SDK), OpenAI’s (the company behind ChatGPT) SDK, and the AI-powered software development and deployment platform Replit. Murr said that to get started, users simply need to get an API key from Coinbase, get an API key from OpenAI, fork the Replit template, and then start adding the functionality they want to these agents. said that it can be done.
As Ciaran Lyons points out in a report for Cointelegraph, AI-driven agents could soon dominate blockchain transactions, according to Mode Network founder James Ross. In an Oct. 20 post on X, Ross predicted that within six to 12 months, more than 80% of blockchain transactions will be managed by AI agents.
Update paper on AI x cryptography
Original paper:
Over 80% of all blockchain transmissions will be performed by AI agents within the next 24 months
New paper:
Over 80% of all blockchain transmissions will be performed by AI agents within the next 6-12 months
AIFi/ACC pic.twitter.com/JLoHmLtbnt
— James Ross 🟡 (@JRossTreacher) October 20, 2024
Featured image via Coinbase
