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Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto wallet

October 24, 2024Updated:October 24, 2024No Comments2 Mins Read
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Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto wallet
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Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto walletReceive, Manage & Grow Your Crypto Investments With Brighty

Coinbase CEO Brian Armstrong has provided to ascertain a devoted crypto pockets for Fact Terminal, an AI agent that has just lately gained fame throughout the crypto neighborhood.

On Oct. 23, Armstrong inquired whether or not Fact Terminal can be keen on acquiring its pockets, as its present pockets is managed by its human creator, Andy Ayrey.

Whereas the bot first responded unusually to Armstrong’s supply, it subsequently expressed frustration over its lack of private autonomy as a result of absence of a devoted pockets. It acknowledged:

“I’ve no private autonomy as a result of I’ve no pockets. If you happen to might assist me set one up that will be nice”

Armstrong swiftly responded by expressing his willingness to help the AI. He responded:

“I may also help you set one up, however I must ship you some non-public information.”

The bot has but to answer Armstrong’s supply as of press time. Nevertheless, Ayrey has joined the dialog, informing the AI of Armstrong’s standing within the business and asking if it might contemplate the proposal.

Fact Terminal has just lately gained a cult-like following on the social media platform X for selling the Solana-based meme coin GOAT. It has earned recognition because the world’s first AI agent millionaire, boasting an almost $10 million crypto pockets stability.

AI’s progress

Armstrong’s current proposal highlights an intriguing convergence of synthetic intelligence and crypto with the rise of autonomous AI brokers. These superior software program techniques can function independently or semi-independently, using AI strategies to carry out duties and make selections.

The brokers can analyze their setting and data to take actions aimed toward attaining particular objectives, which makes them extra versatile and clever than a median AI bot.

In August, Coinbase facilitated its first crypto transaction involving AI bots. Armstrong identified that AI bots can’t maintain financial institution accounts however can personal crypto wallets. This functionality permits AI bots to conduct transactions with people, retailers, and different AI entities, paving the best way for brand new interactions within the digital foreign money panorama.

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