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AgentLayer Secures BingX Investment for Decentralized AI Agent Platform

AgentLayer Secures BingX Investment for Decentralized AI Agent Platform

Vilnius, November 4, 2024 – BingX Labs, the innovation arm of BingX, reported today the strategic investment in AgentLayer marking a headstart towards building a decentralized network of autonomous AI agents. This project which went live on BingX Launchpool in September 2024 seeks to revolutionize the process of AI collaboration through blockchain technology.

“We believe AgentLayer is pioneering a new frontier in AI by combining the power of blockchain and autonomous agents into a cohesive ecosystem,” said Vivien Lin, Head of BingX Labs, highlighting the platform’s potential to reshape AI-human interactions.

“Their innovative approach to AI agent collaboration and the concept of an Agent Economy have the potential to transform how industries operate, how businesses run, and ultimately, how humans engage with AI in their daily lives. At BingX Labs, we see this as an extraordinary step toward a future where AI is both a reliable tool and a trusted partner to humanity.”

The system presents a new “Agent Economy” which is powered by an AGENT token, allowing AI agents to function as autonomous decision-makers while allso facilitating staking, governance, and developer incentives. The AgentLayer ecosystem consists of AgentStudio for visual agent building and AgentHub for agent management, supported by Python and TypeScript SDKs.

“BingX Labs brings their expertise and resources that will be crucial in accelerating our vision for AgentLayer. With their support we’re advancing both the technology and also fostering a new paradigm where autonomous AI agents can safely and effectively collaborate to create real value for various industries and individuals alike,” stated Professor Liu Yang, Co-Founder of AgentLayer, emphasizing the partnership’s role in advancing decentralized AI technology.

The investment follows BingX Labs’ August 2024 launch and continues to enhance its efforts aimed at advancing innovative blockchain solutions. In addition, AgentLayer’s platform is often used together with Telegram bots which enhances its functionality within the Telegram/TON ecosystem, while allowing developers to deploy their services in flexible ways.

The partnership is expected to establish a new paradigm in AI technology, where different autonomous agents are able to work together across verticals to create value with safety, transparency and equity through the use of blockchain.

Source: https://blog.bingx.com/bingx-updates/bingx-labs-invests-in-agentlayer-to-drive-autonomous-ai-and-decentralized-economy/

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Savio Jacob
Savio is a key contributor to Times OF AI, shaping content marketing strategies and delivering cutting-edge business technology insights. With a focus on AI, cybersecurity, machine learning, and emerging technologies, he provides business leaders with the latest news and expert opinions. Leveraging his extensive expertise in researching emerging tech, Savio is committed to offering unbiased and insightful content. His work helps businesses understand their IT needs and how technology can support them in achieving their goals. Savio's dedication ensures timely and relevant updates for the tech community.
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