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Over 70 crypto firms join forces to tackle big tech’s AI monopoly

Coin Telegraph LogoCoin Telegraph22h ago

Over 70 crypto firms join forces to tackle big tech’s AI monopoly - Coin Telegraph

Quick Summary:

Related: Crypto projects prepare to battle for privacy in SwitzerlandLeading organizations in gaming, infrastructure and generative AI, including Yuga Labs, Futureverse, Alchemy, Render, Venice.ai and Magic Eden, are actively integrating the standard into real-world applications, further validating its potential across use cases.“AI agents are the new interface to technology,” Anderson said.“What we’ve been able to do successfully is partner with consumer brands — like Bored Ape Yacht Club — to actually have distribution into a consumer’s end point, and we’ve been able to build all the systems so that they can actually access consumers.”We’re helping people transition to the AI age by owning their intelligence instead of renting it from someone else.

In this way, Think agents also hope to address the issue around data ownership by putting users in control of who they share their information with.“When a social company goes out of business, all of that data gets sold to the highest bidder,” Anderson said.“23andMe is the most egregious example of this.

That’s what we’re building.”The future of AI agentsJust as the ERC-20 standard enabled the tokenized economy, the Think Agent Standard introduces a modular, permissionless and composable system that allows AI agents to function as sovereign digital entities: Owning wallets, interacting with smart contracts and transacting seamlessly across every blockchain.

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Article Details

Author / Journalist: Cointelegraph by Stephen Laddin

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 11:00:00 (22 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1101 words

Reading Time: 7 minutes read

Sentences: 34 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28331270

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 12 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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