AI Agents Set to Become Blockchain’s Main Users, NEAR Co-Founder Predicts

Set to Become Blockchain’s Main Users, NEAR Co-Founder Predicts

The world of crypto has seen big moments like DeFi summer and the NFT rush. But now, something new is coming. Artificial intelligence, or AI, is everywhere in daily life. People use it to write emails, plan trips, and handle tasks. Crypto still feels like basic tech in the background.

Illia Polosukhin, co-founder of the NEAR Protocol, has a bold idea. He says will be the main users of blockchain. In a recent talk, he explained: “AI is going to be on the front end, and blockchain is going to be the back end.”

What Does This Mean for Crypto and AI?

Right now, many crypto projects mix AI with tokens and trading bots. These are fun but mostly speculative. Polosukhin sees a deeper change. will handle all the hard parts of blockchain for us. They will make payments, manage money, vote in groups, and more. People will just talk to the AI, and it does the rest.

“The goal is to make your AI hide all the blockchain,” he said. Tools like wallet apps and block explorers show the tech too much. That’s a problem. Good design hides the complex stuff so users don’t see it.

Think about it like this: In the future, AI will be like your phone’s operating system. You tell it what you want, and it uses blockchain quietly. No need to know about addresses or fees.

Why Crypto Hasn’t Had Its Big AI Boom Yet

AI tools like ChatGPT exploded for everyday use. Crypto AI? Not so much. Polosukhin has an answer. Blockchain is all about money and finance. But finance touches everything we do – buying food, paying rent, investing.

“Blockchain is inherently financial,” he noted. “It will be limited to finance, but everything we do in our life is finance.” So, crypto won’t compete with fun AI apps. Instead, it will power the money side that AI needs.

AI agents will need safe ways to move money, prove ownership, and follow rules. Blockchain gives that: clear records, no middlemen, and smart contracts for automation.

The Role of Blockchain as AI’s Hidden Backbone

Imagine an that books your vacation. It finds deals, pays sellers, handles refunds – all on blockchain. Or it invests your savings, votes in community decisions, or even hires other AIs for jobs.

This setup needs trust. Blockchain offers neutral ground. No big company controls it. It’s open for any AI to use. Polosukhin calls it “neutral markets and neutral infrastructure.”

• Settlement: Fast, cheap transfers.
• Ownership: Prove who owns what, like NFTs or tokens.
• Verifiability: Check actions without doubt.
• Incentives: Reward good behavior with tokens.

Projects like NEAR are building for this. They focus on fast chains that AI can use without slowing down.

Problems in Crypto That Hold It Back

Not everything is perfect. Polosukhin points out issues. First, DAOs – those leaderless groups. “DAOs have dramatically failed,” he said. They try to do too much without clear goals. Tools like AI voting won’t fix that. Solve real problems first.

Second, memecoins and scams. They make crypto look bad. “Memecoins are ruining the industry’s reputation,” Polosukhin warned. Smart AI experts avoid crypto because of this noise.

The fix? Focus on real use. Build for that do useful work, not just pump prices.

Real-World Examples of AI and Blockchain Teamwork

Some projects are already moving this way. Super apps combine AI with chain tools for easy use. Toolkits let developers build bots that swap tokens, check data, and manage wallets on their own.

Even toy brands use blockchain for real products. Phygital models blend digital and physical items, selling millions through partnerships.

These show the path. AI makes crypto simple. Blockchain makes AI powerful.

What This Means for Investors and Builders

For investors, bet on chains that handle AI traffic. Look for speed, low costs, and AI-friendly tools. NEAR stands out with its focus on user-owned AI.

Builders: Design for agents, not just humans. Hide the chain. Make APIs that AIs love.

In 5 years, most blockchain action might come from machines. Humans give orders; AIs execute on chain.

The Big Picture: AI as the New Internet OS

Polosukhin sums it up: “AI is the front end, not just for blockchain, but for everything.” Crypto won’t be the app you open. It will be the pipes under the floor.

This could be crypto’s next big wave. Not hype, but real utility. As take over tasks, blockchain becomes essential. Watch this space – the future is agent-driven.

Stay tuned for more on how AI and crypto merge. What do you think? Will really run blockchain?

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