The partnership will bring new AI capabilities to decentralized applications.
EigenLayer, the largest restaking protocol on Ethereum by total value locked (TVL), has partnered with community-owned artificial intelligence (AI) network Ritual to build AI-powered decentralized applications (DApps).
The partnership aims to introduce Ethereum-level restaking security on the Ritual network and bring AI capabilities to DApps, including smart agents, AI-powered decentralized finance (DeFI) applications and autonomous media generation, according to a press release shared with Cointelegraph.
According to Sreeram Kannan, the founder of EigenLayer, crypto-economic, AI-powered coprocessors can introduce powerful new functionality to blockchain networks while driving economic incentives. Kannan wrote:
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Source: https://cointelegraph.com/news/eigenlayer-ritual-ai-enabled-dapps