the Crypto x AI that transforms the Web3

Coinbase Venture has presented its analysis regarding “Crypto x AI,” the combination of blockchain and artificial intelligence that transforms Web3. 

Coinbase Ventures and the analysis on Crypto x AI that will transform Web3 in the future

Coinbase Venture has published its analysis “Crypto x AI stack”, understood as that combination of the decentralized infrastructure of the blockchain with the capability of Artificial Intelligence.

“There has been a lot of talk about how cryptocurrency and AI can collaborate. But how does this collaboration actually take shape? Today we are publishing our forecasts on the future of AI. Introducing the Crypto x AI stack”

In practice, it is a transformative technological convergence of Web3 that sees AI, crypto, and blockchain collaborating. Specifically, this fusion will aim to transform the digital economy and create a world where autonomous AI agents will interact freely with humans on Web3. 

Step by step, Coinbase analyzed how the two technologies together can mimic human cognitive functions and learn from data, creating a synergy that could revolutionize various sectors.

On one hand, the blockchain redefines system architectures, data and transaction verification, and distribution. On the other hand, AI enhances data computation and analysis and offers new content generation capabilities. 

This intersection has sparked excitement and skepticism among developers from both technological communities, leading to the exploration of new use cases that could accelerate the adoption of both sectors in the long term. 

Coinbase Ventures: Crypto x AI and Agentic Web as the evolution of Web3

In a final analysis of Crypto x AI, Coinbase Ventures has created a future scenario where the “Agentic Web” exist. 

“[It is] a transformative paradigm that could enhance security, efficiency, and collaboration in AI-driven economies, supported by robust incentive structures and crypto primitives.”

In other words, Coinbase Ventures believes that, in the future, the Agentic Web will have their own crypto wallets to carry out their transactions independently. Such self-directed AI will be capable of creating dApps autonomously or conducting crypto transactions both with humans and with other AI

In any case, Coinbase’s venture capital company is not the only one interested in the intersection between AI and crypto. In fact, it seems that Venture Capital crypto are increasing their investments in startups related to AI. 

The entry of VanEck into the VC sector to invest in bull startup crypto, fintech, and AI

In this month of October, the giant global investment asset manager, VanEck has decided to make its entry into the Venture Capital (VC) sector. 

His goal is to establish his fund VanEck Ventures to invest in fintech, crypto, and AI startups. This first VC fund is 30 million dollars. 

The new VanEck Ventures will therefore be present in the pre-seed and seed funding phases of these types of startups. 

Source: https://en.cryptonomist.ch/2024/10/25/coinbase-ventures-the-crypto-x-ai-that-transforms-the-web3/