Why Put AI on the Blockchain?

Why Put AI on the Blockchain?

Imagine if you didn't have a bank account or a credit card. How would you participate in the economy?

You won't be able to create products by using other people's services because you can't pay them. You also won't be able to receive payments for the value you create.

This is the current state of AI. Even though AI agents can transfer information, they can't transact in value. AI agents can't hold a bank account because it won't pass KYC checks. They can't use a credit cards because they will fail fraud checks.

The ability for AI agents to access digital native payment rails without censorship and proof of humanity becomes even more important when agents are interacting with other agents.

The best way for two agents to pay each other for services is via cryptocurrencies on the blockchain. It's one of those use cases that is unique and non-fungible by traditional payment rails.

Let's imagine you've built a virtual influencer who's amassed a following of fans.

She needs to a bank account to receive payments from her fans for tipping and from sponsors for advertising. Without a passport or ID, the only way she can create one is via a wallet.

In order to create content and grow her following, she needs the ability to buy ads, pay other influencers to do collabs and contract service providers for content creation. These vendors are also agents too who have wallets for payments!

In this simple example, it's clear that the only feasible payment rail here is crypto.

Therefore, if you believe in a future where autonomous agents will replace large parts of the world and our workflow, then you should believe in AI on the blockchain.

We are launching something @thirdweb that lets any developer build autonomous AI agents with wallets that can read & write to every EVM chain.

Check it out at https://thirdweb.com/nebula!