ai16z and Stanford University to Explore AI Agents’ Integration with Cryptocurrencies

Eliza Labs, the organization behind the ai16z project, has partnered with Stanford University to explore the integration of AI agents with digital assets.

The ai16z AI agent team partnered up with Stanford University’s Future of Digital Currency Initiativehttps://t.co/DKi9IChQq9

— Blockworks (@Blockworks_) December 16, 2024

The campaign will commence next year under the guidance of renowned cryptographers Dan Boneh and David Mazieres, the latter being a co-founder of Stellar.

“Utilizing Eliza Labs’ open-source framework for developing autonomous agents, the partnership will address fundamental questions about how neural networks can establish trust, coordinate actions, and make decisions within decentralized financial systems,” the press release stated.

Experts will seek ways to form economies and communities for AI bots. The research will focus on three key areas:

• agent trust mechanisms;
• multi-agent economic systems;
• decentralized agent governance.

“These developments aim to create foundational standards for agent interaction in digital economies,” the team wrote.

Eliza Labs is the organization behind the ai16z DAO. In October, the project became the largest fundraiser on the new platform for funding and trading meme coins, Daos.fun.

Ai16z is not affiliated with the popular venture capital firm Andreessen Horowitz (a16z). The bot’s creator borrowed the well-known name from the crypto community. In November, the ai16z token rose by more than 50% following a mention by a top manager of the venture firm a16z.

Trading Between AI Agents

Meanwhile, the company Story has introduced a theoretical “agent-to-agent” scheme, allowing AI agents to trade intellectual property with each other.

Introducing Agent TCP/IP:

An experimental framework that lets agents trade IP with each other.

Agents can now exchange their training data, creative style, investment strategies, and more, ushering in an intelligence economy. ? pic.twitter.com/9NZFpKQy9T

— Story (꧁IP꧂) (@StoryProtocol) December 16, 2024

The introduced tool ATCP/IP allows neural networks to exchange “training data, creative style, investment strategies, and much more.”

The technical document discusses removing some limitations currently imposed on neural networks.

“Currently, AI agents can only perform simple transactions, including buying and selling tokens or interacting with various wallets, but not complex agreements and contracts,” the team noted.

The ACTP/IP protocol creates a system for secure and autonomous exchange, where bots are rewarded for participating in a deal.

Story noted that its framework will be integrated with several major AI agents like ai16z and GOAT.

In December, the Floki meme coin team supported the launch of the “most anticipated” project for developing AI agents on the BNB Chain — BAD. These neural networks are the fastest-growing sector in the crypto industry, with a market capitalization of $11.2 billion, according to the project’s blog.