Arbitrum and Yuga Labs Lead More Than 70 Crypto Firms in Backing User-Owned Decentralized AI Framework
May 3, 2025, 12:10 p.m.
2 sources
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Over 70 major crypto organizations, including Arbitrum and Yuga Labs, have endorsed Thinkagents.ai's open-source Think Agent Standard. This new protocol seeks to decentralize AI agents, empowering users with complete control and privacy over their data. Modeled after Ethereum’s ERC-20 standard, the framework enables autonomous, interoperable AI agents to interact securely across multiple blockchain networks. Key players such as Magic Eden, Alchemy, and Futureverse are supporting integration with real-world use in gaming, DeFi, and NFT sectors. The initiative aims to counter the dominance of centralized Big Tech, establish user-led digital intelligence, and foster a new era of ethical, privacy-focused AI underpinning Web3 ecosystems.
Support from Arbitrum for open-source AI agents enhances its ecosystem, likely driving broader developer activity, network usage, and positive price momentum short- and long-term.
Sources
Over 70 crypto firms join forces to tackle big tech’s AI monopoly
Cointelegraph
03.05.2025 10:00
Over 70 Crypto Startups Back a Decentralized Future for Artificial Intelligence
coinfomania.com
03.05.2025 10:43
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