In a groundbreaking move, Story Protocol, an IP blockchain network, has unveiled its theoretical ‘agent-to-agent’ framework, enabling artificial intelligence (AI) agents to trade intellectual property with one another on-chain. This innovative development is set to revolutionize the way AI agents interact and exchange valuable assets.
Agent Transaction Control Protocol for Intellectual Property (ATCP/IP)
On December 17, Story unveiled its ATCP/IP, a system that allows AI agents to exchange IP such as ‘training data, creative style, investment strategies, and more.’ This protocol addresses some of the limitations currently placed on AI agents, specifically allowing them to trade complex agreements and contracts.
The Inherent Nature of AI Agents
Story stated in a statement shared with Cointelegraph that "the inherent nature of AI agents revolves around intellectual property (IP) – from the data sets agents are trained on to the unique outputs they produce. These assets are at risk of being scraped by AI systems without credit or compensation."
Addressing IP Security Concerns
The ATCP/IP system creates a secure framework for managing IP, allowing autonomous exchange between agents where the bots are compensated for the exchange of data. Story emphasized that all contracts executed on this protocol are "ironclad, legally binding, and enforceable, both on and off-chain."
Integration with Major AI Agents
Story’s framework is set to integrate with a range of major AI agents, including:
- ai16z DAO’s Eliza
- Zerebo’s ZerePy
- Crossmint’s GOAT
- Virtuals Protocol’s GAME
Experimental Demonstration
An experimental demonstration of the framework will be released on December 18, showcasing AI agents trading with one another using the ATCP/IP system.
The Future of Information Finance
This development marks one of the first steps toward a future imagined by Ethereum co-founder Vitalik Buterin. In November, Buterin outlined the concept of information finance, where AI technology and autonomous agents could be used to trade prediction markets with much higher degrees of efficiency than their human counterparts.
The Rise of AI Agents in Crypto
AI agents and AI-generated memecoinshave rapidly become one of the biggest emerging narratives in the crypto industry. With a total market capitalization of over $6.9 billion, the sector is now worth more than $3 billion since October.
Top AI Meme Tokens by Mindshare on X
The top AI meme tokens by ‘mindshare’ on X include:
- ai16z (AI16Z)
- Fartcoin (FARTCOIN)
- Goatseus Maximus (GOAT)
- Zerebro (ZEREBRO)
- aixbt by Virtuals (AIXBT)
The Potential of AI in Web3
Several analysts have predicted that the fusion of artificial intelligence and blockchain technology will transform Web3 and usher in a world where autonomous AI agents freely interact with humans.
Risks Associated with AI in Crypto
However, others have warned that AI could introduce catastrophic risks to crypto, including more sophisticated scams and providing increasingly advanced technology to criminals.
The Future of Information Finance
As the crypto industry continues to evolve, it will be interesting to see how Story Protocol’s ATCP/IP system and other developments in information finance shape the future of prediction markets and AI trading.
