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As a decentralized AI coprocessor for blockchains, @PhalaNetwork is well positioned to enable more intelligent and responsive UX through: 📜 AI Agent Contracts 👨‍🔬 Providing Complex Operations See more in the Founders Focus series 👇

🔦✨ Spotlight on: Phala Network As AI and blockchain technology converge, the need for scalable, interoperable and secure platforms capable of supporting AI's computational needs becomes more apparent. 🌐 In this context, Polkadot emerges as a key infrastructure, providing the necessary robust, secure, and quality blockspace but also the framework to address these challenges. It is already being leveraged by various notable projects to innovate within the AI + crypto space: • Origin Trail: Decentralizing knowledge for AI models • Bittensor: Facilitating decentralized AI through peer-to-peer learning ❓But what about the missing AI execution layer? Starting as a decentralized cloud infrastructure that offers secure and scalable computing for Web3, @PhalaNetwork now emerges as an AI co-processor. This enables AI to understand and interact with blockchains, positioning it as the execution layer for the development of concrete dApps with improved user experiences. It ensures AI agents act as an intelligent interface to blockchain, aligning their actions with their intended behaviors without being misled or compromised. For users, this means delegating operations to AI agents who execute instructions seamlessly. 💡 Understanding AI Agents: AI agents are similar to language models that process and communicate information, but they also perform tasks and solve complex issues methodically. These agents, unlike typical AI projects, are specifically designed to securely execute smart contract operations autonomously, making Phala distinct in the landscape. 🔗 Evolution of Phala Network: Transitioning from Phat Contracts—which facilitated trustless connections between off-chain data and smart contracts—Phala has now pioneered AI-Agent Contracts. This pivoting reflects their commitment to fully integrating AI into Web3, to establish Phala as a central hub for autonomous, value-generating AI agents in a decentralized manner. As an AI co-processor, Phala prioritizes connecting AI services to dApps beyond traditional training models, fostering democratic governance and decision-making for these services. AI agents serve as a user-friendly interface for blockchain technology, simplifying the blockchain’s complexity for users and thereby enhancing the user experience. 👾 To explore the tokenomics of such AI agent, Phala has introduced #AgentWars—an experiment that integrates tokenomics with AI agent contracts. This allows anyone to create their own AI agent, defined by the historical posts of an 𝕏 account and equipped with built-in tokenomics to reward improvements. Agent Wars includes two components: • Agent Managements: Agent ownership, usage rights, and updates. • Agent Hosting: Involves the costs of running the agent. Over 1300+ AI Agent Contracts have already been deployed by users. To participate in shaping the future of AI and Web3, join the waitlist on Phala's website.

⚡️ Polkadot's presence at this year's Web3 Festival was electric thanks to PolkaPort East, an Investor Relations & Growth Initiative centered on Hong Kong & the Greater Bay Area! From project demos to on-stage talks, over 30 members of eco teams participated in the event 🙌 🎙️✨ Several leaders from around the ecosystem delivered insightful presentations... Max Rebol, CEO & Managing Partner at @harbour_ind_cap, gave a keynote speech entitled “What to expect from Polkadot 2.0: A VC Perspective on the 2024 Polkadot Roadmap”. https://t.co/CUETNaS9EM

In a world of unending and unverifiable content, @origin_trail's DKG proves provenance for information rather than merely assuming its authenticity. ⏯️ Dive into the Founders Focus series for insight into Origin Trail's roadmap & how it works:

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