San Francisco, United States, February tenth, 2025, Chainwire
DeFi ecosystem CrossFi has introduced the launch of EXE, a brand new protocol designed to speed up AI and web3 innovation. Billed as the primary interchain AI utility protocol, EXE goes reside on February 11 with a local $EXE token to energy community exercise.
To kickstart the launch of EXE, CrossFi has allotted tokens to the Plex neighborhood at a particular fee of $0.001, permitting 1 $PLEX to be exchanged for 10 $EXE. Tokens might be claimable from February 11, enabling Plex members to start exploring alternatives on EXE’s protocol. Designed to assist a number of AI-related providers, together with decentralized GPU compute, AI dapps, and autonomous brokers, EXE will drive novel functions working on the intersection of DeFi and AI.
Onchain AI growth is at present fragmented throughout a number of chains, every optimized for a particular use case. EXE has been designed to combination this exercise, enabling dapps to seamlessly collaborate, pay for GPU energy from a number of sources, and coordinate duties amongst themselves.
Utilizing EXE, AI builders can register their dapp, describe its features, after which let the community’s good contracts deal with matchmaking, service discovery, and funds. Dapps can chain their specialised abilities collectively, driving decrease GPU prices and an agent-friendly setting the place brokers can uncover one another through EXE’s information graph.
By merging CrossFi’s established L1 blockchain with a devoted AI utility token, EXE goals to create an AI ecosystem that’s cost-effective, agent-friendly, and prepared for mass adoption. Constructed on CrossFi’s L1, which integrates EVM and Cosmos seamlessly, EXE offers alternatives for community customers to earn rewards as human contributors for duties similar to knowledge labeling and offering specialised critiques.
Quite a lot of superior applied sciences have been included into EXE’s interchain protocol together with zk-proofs for M2M (machine-to-machine) transactions, making certain each knowledge confidentiality and transaction integrity. It will guarantee a safe setting the place AI brokers can collaborate or pay for GPU sources with out exposing proprietary info to the community.
By way of combining M2M operations between dapps and brokers with micro-tasks that human operators can carry out, EXE will develop a thriving economic system that rewards work immediately within the type of $EXE. This contains supporting extra complicated duties, similar to code critiques or inventive design, making a crowd-sourced layer of human intelligence inside an agent-driven system.
Set to go reside with an estimated market cap of $100M, EXE will reinforce CrossFi’s repute as a hub for progressive blockchain tasks that push the boundaries of decentralized expertise. Within the course of, it’s going to empower DeFi customers to find the alternatives autonomous brokers current to be taught and earn.
About CrossFi
CrossFi Chain offers an inclusive, next-generation resolution that bridges fiat and cryptocurrency seamlessly. That includes progressive non-custodial cost expertise, CrossFi permits customers to keep up full management of their funds whereas having fun with unparalleled entry, transparency, and comfort. CrossFi brings true monetary freedom and inclusivity for all.
Study extra: https://crossfi.org/
Contact
Dan Edelstein
[email protected]
