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Injective (INJ) launches on-chain AI agents to simplify blockchain interactions

by admin November 20, 2024
November 20, 2024
Injective (INJ) launches on-chain AI agents to simplify blockchain interactions

Blockchain network Injective (INJ) has launched an advanced software development kit to allow everyone to create their on-chain AI agent.

The new iAgent aims to boost user experience by introducing AI to blockchain infrastructure for reduced complications for all users, regardless of their proficiency.

Injective 🄷

@injective

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1/ Today, Injective is officially launching iAgent, a groundbreaking SDK that enables anyone to create their own on-chain AI agent.
By leveraging large language models (LLMs) such as OpenAI’s ChatGPT, iAgent redefines the possibilities for AI finance šŸš€

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6:57 PM Ā· Nov 19, 2024

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Injective taps artificial intelligence agents

The crypto project has ventured into artificial intelligence agents to streamline user interactions through AI-driven guidelines.

The iAgent will introduce functionalities such as instant transaction finality.

It leverages OpenAI to ensure a user-centered trading experience within the INJ network, enabling data-driven and strategic decisions.

The announcement indicated:

This SDK reduces complexity for both technical and non-technical users, bringing a user-friendly experience to the blockchain.

Now, sending payments and trading can be achieved as simply as typing a command, with the backend powered by advanced LLMs.

iAgent’s capabilities

  • Creating automated agents: the SDK will allow users to build agents – computerized assistants or bots that can handle various tasks on the Injective blockchain. Enthusiasts can create several agents with different configurations. For instance, one could be for analyzing market trends while the other executes trades.
  • Using AI commands to interact: iAgent boasts commands that allow users to interact with the agents. For instance, they can use check_balance to view funds, open_order to place a trade, and create_agent to build a new agent.
  • AI-powered automation: Injective’s iAgent can complete tasks that could need many steps as it leverages AI to act on instructions. That allows individuals to analyze markets or set predictive analytics without coding every step (manually).

Meanwhile, the iAgent release comes as artificial intelligence agents gain increased traction within the financial space.

The bots handle different independent blockchain tasks, smoothening investor and developer activity.

Injective’s iAgent prioritizes efficiency, accessibility, and novel technology, matching the ongoing trends in the financial space.

By leveraging large language models (LLMs) such as OpenAI’s ChatGPT, iAgent redefines the possibilities for AI finance.

INJ price outlook

Investor and trader attention remained on the native token’s performance amidst the latest announcement.

INJ changes hands at $24.62 at press time, recovering from the daily low of $23.52.

Source: Coinmarketcap

The downside outlook on the 24-hour price chart comes as the alt cools following last week’s 20% upswing toward the $27 mark.

Meanwhile, the token signaled revivals amidst the ongoing AI chatter, poised attract new and experienced crypto enthusiasts.

In summary, iAgent empowers users with high-end AI tokens within the Injective ecosystem.

Individuals can build online agents to computerize tasks and use simple instructions to manage those agents.

That approach makes iAgent a lucrative toolkit for skilled and unskilled creators looking to automate online payments and trading.

The latest launch demonstrates Injective’s commitment to ensuring innovative solutions for blockchain enthusiasts.

With analysts forecasting robust growth for the AI sector in the coming years, Injective positions itself to dominate the space, setting the stage for impressive INJ price performance.

The post Injective (INJ) launches on-chain AI agents to simplify blockchain interactions appeared first on Invezz

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