aelf

Since Q3 2024, aelf has been building toward an intelligent and autonomous Web3 ecosystem. Today, we're proud to unveil the aevatar.ai White Paper—our blueprint for AI-powered blockchain innovation. 📖Read it here: https://lnkd.in/gqMY27Jk Head to our blog where we unpack its core architecture, capabilities and our approach to pioneering the next generation of multi-agent AI frameworks. ➡️https://lnkd.in/gWcSx8ZA

🚨 Latest News in #AI and #Web3 🔹 Donald Trump makes U.S. #crypto reserve official, lifting market out of doldrums 🔹 Ethereum Foundation's changing of the guards 🔹 Olas launches Mech Marketplace for #AIAgents to hire each other for specialised tasks 🔹 OpenAI's GPT-4.5 ‘Orion’ raises questions about AI scaling limits 🔗 Get the full rundown: http://bit.ly/3DgAdQK

🌊aelf Ventures Weekly News Highlight: 28 February 2025💡 1️⃣North Korean Hackers Steal $1.4B From Bybit via Safe Wallet Exploit North Korean attackers pulled off the largest #crypto hack in history, stealing $1.4B in ETH and tokens from Bybit by exploiting vulnerabilities in Safe, a wallet provider. Security firms revealed that malicious code was planted in Safe’s infrastructure, activated when Bybit accessed the wallet, and swiftly deleted after the heist. Bybit confirmed its systems were not compromised and has launched a $140M bounty program to recover the funds, while Safe admitted the attack stemmed from a compromised #developer machine but denied vulnerabilities in its code. This breach highlights the growing sophistication of crypto hacks and the urgent need for enhanced security, as experts warn the industry to take threats from state-backed actors more seriously. 2️⃣MetaMask Launches Fiat Off-Ramp for 10 Blockchains to Simplify Crypto Accessibility MetaMask is expanding its fiat off-ramp services to 10 additional blockchains through its partnership with payments provider Transak. This update allows users to directly convert tokens into #fiat currencies, eliminating the need for intermediate steps like swapping assets into ETH, which previously added complexity and fees. The expansion includes Arbitrum, Avalanche, Coinbase's Base, BNB Chain Innovation, Celo Foundation, Sonic Labs, Moonbeam Network, Moonriver, Optimism Foundation, and Polygon Labs, covering key tokens like ETH, BNB, and MATIC, with more being rolled out gradually. This initiative is part of the broader collective strategy to address pain points in the #Web3 onboarding process. By offering intuitive crypto-to-fiat conversions, the partnership aims to help bridge Web2 and Web3, bringing the industry closer to mass adoption. 3️⃣Pump.fun Faces Sharp Decline as Memecoin Frenzy Fizzles Out Solana-based #memecoin launchpad Pump.fun is seeing a sharp drop in activity, with tokens graduating to the Raydium exchange plummeting by over 50% since January's peak. Following the memecoin hype spurred by high-profile celebrity token launches, including those from President Trump and Argentina’s Javier Milei, the platform's record-breaking momentum has sharply reversed amid a broader crypto market downturn. The memecoin sector has seen steep declines, with the GMCI Meme Index falling 45% YTD, as traders grew weary of pump-and-dump cycles. The recent hack of Pump.fun’s X account has also further dented confidence. 4️⃣Bank of America Eyes Stablecoin Sector Amid Growing Institutional Interest Traditional financial giant, Bank of America, is making strategic moves into the $200B #stablecoin market, announcing the bank's readiness to launch a USD-pegged stablecoin "BofA coin" if legal frameworks are established. As more #TradFi giants deepen their involvement in the stablecoin sector, the institutional push is poised to further advance mainstream adoption of digital assets.

AI in Web3 is broken without real-time data. Traditional LLMs are powerful, but they hallucinate, lack up-to-date blockchain insights, and don’t interact with decentralised data sources. That’s where Retrieval-Augmented Generation (RAG) comes into play. Read how RAG enhances contextually-aware decision-making in AI models, thus improving applications in DeFi, DAOs and digital identity management: https://lnkd.in/geYznVuE

🗣️aelf Ventures' Voices: How Blockchain Can Solve IP Challenges💬 In this week's Ventures' Spotlight, we touched on the ways #blockchain technology can optimise #IP in a world dominated by #AI-generated content. Now, let's dig deeper to find out how👇 1️⃣Provenance and Attribution Blockchain enables verifiable provenance for both human and AI-generated content by: ✅Creating immutable records of contributors to creative works. ✅Providing transparent attribution that credits creators fairly. 2️⃣Automated Licensing and Royalties Blockchain can automate licensing agreements and royalty distribution for IP created by AI agents through smart contracts: ✅Royalties can be programmed to flow to creators (human or AI) in real-time whenever an AI-generated work is sold or used. ✅For multi-party contributions (e.g. datasets, AI prompts and decisions), #smartcontracts ensure all contributors receive compensation proportionally. 3️⃣Tokenising AI-Generated IP AI-generated content can be tokenised into #NFTs, providing a digital certificate of ownership and authenticity. #AIagents can independently: ✅Create, mint and trade NFTs on marketplaces. ✅Build portfolios of tokenised content that can be fractionalised or staked. 4️⃣AI Agents as Rights Enforcers On-chain agents could monitor platforms for unauthorised use of copyrighted content: ✅An AI enforcement agent could automatically scan marketplaces, ensuring that IP associated with training datasets or human collaborators is not misused. ✅Blockchain-enabled tools could flag violations and trigger corrective action, such as pausing sales or distributing penalties. 💭aelf Ventures’ take: Just as #DeFi redefined traditional finance, blockchain-powered IP management is set to disrupt creative industries by enabling verifiable, programmable ownership. Tokenising AI-generated content goes beyond early digital collectibles by focusing on recurring revenue streams like automated royalties and fractional ownership. This empowers creators to monetise their work directly, mirroring DeFi’s transformative impact. The decentralisation of IP unlocks opportunities for innovative projects: 🔵Infrastructure Platforms: Tools for automated royalties and AI-specific NFT marketplaces are laying the groundwork for the creative economy. 🔵AI Compliance Layers: Blockchain-enabled systems for monitoring copyright adherence can ensure ethical and lawful use of datasets and outputs. 🔵New Revenue Models: Tokenised IP introduces financial instruments like fractional ownership, staking rights and NFT licensing bundles. Blockchain has the potential to revolutionise the creative industry by addressing long-standing issues of transparency, fairness and equitable value distribution. For investors, this presents an opportunity to support the next generation of protocols and #dApps that will shape the future of ethical and scalable content creation—laying the groundwork for a robust #decentralised IP economy.

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Who Owns AI-Generated Content? The Rising IP Dilemma 🤖⚖️ As AI agents move beyond simple automation to creating, managing, and enforcing IP rights, we’re entering uncharted legal territory. 🔹 If an AI agent generates art or music, does the IP belong to the developer, the deploying entity, or the public domain? 🔹 When humans and AI collaborate, how should credit and compensation be fairly distributed? 🔹 AI systems train on vast datasets—including copyrighted materials—so where’s the line between inspiration and infringement? Existing IP frameworks aren’t built for this level of synthetic creativity. Blockchain and Web3 could offer solutions via tokenised ownership, smart contracts, and transparent attribution. But how do we ensure a fair balance between innovation and creator rights? Read the full article on our blog: https://lnkd.in/gTQjdw-C

This Week in AI & Web3: Major Developments You Need to Know 1. Bybit suffers the largest crypto hack in history, with $1.5B drained—Lazarus Group linked to the attack. 2. Microsoft debuts Magma AI, an advanced agent that can autonomously control software and robots. 3. Franklin Templeton enters the Solana ETF race, joining Grayscale, Bitwise, and VanEck in pushing for broader institutional adoption of altcoins. 4. DeAgentAI’s ‘ALL IN AI’ event at Consensus Hong Kong sparks deep discussions on the integration of AI agents in Web3. Read the scoop here: https://lnkd.in/gJ3j_8Jg

Orleans + AI Agents = Scalable Intelligence With its virtual actor model, Orleans enables AI systems to effortlessly handle massive concurrency, fault tolerance, and cloud-native scaling. But how does this impact the future of #AIAgents? And how is aevatar.ai leveraging Orleans to build autonomous, decentralised AI agents? Read the full breakdown here: https://lnkd.in/gTuWRMki

🌊aelf Ventures Weekly News Highlight: 21 February 2025💡 1️⃣Argentina’s President Javier Milei Promotes, Then Distances Himself from LIBRA Token Amid 96% Crash President Javier Milei caused a stir in the crypto market after promoting Solana Foundation-based meme coin LIBRA to his 3.8M followers on X. The token briefly surged to a $4.5B market cap before crashing 96% to $167M, following accusations of centralised control and developer cash-outs totalling $87M. Initially pitched as a project to support #Argentina’s economy, LIBRA drew skepticism after on-chain analysts flagged questionable activities. Milei later deleted his post, claiming he was unaware of the project’s details, while criticising political opponents for exploiting the fallout. This debacle highlights the risks of politicised #memecoins in an already volatile market, echoing the launch of former U.S. President DonaldTrump's TRUMP token.🪙 2️⃣ECB Advances Blockchain Payments, Prepares for Digital Euro Launch The European Central Bank (ECB) is making strides toward blockchain-based payment systems, a key step in its development of a central bank digital currency (CBDC). The initiative will be implemented in two phases: first, integrating #blockchain with the existing TARGET system for smoother settlements; second, exploring long-term blockchain solutions for central bank money transfers. The ECB, investigating a digital #euro since 2021, seeks to use blockchain to enhance monetary sovereignty, foster seamless cross-border payments, and reduce reliance on non-European payment providers to strengthen the #EU's financial resilience.💶 3️⃣Standard Chartered, Animoca Brands, and HKT to Launch Hong Kong Dollar-Backed Stablecoin Standard Chartered Hong Kong, Animoca Brands, and HKT have partnered to develop one of the first fully compliant fiat-backed #stablecoins in the region. The initiative, currently in Hong Kong's regulatory sandbox, aims to provide a secure framework for stablecoin issuance. The combination of SCBHK’s governance expertise, Animoca’s #Web3 market reach and HKT's payment solutions aims to promote the stablecoin's use in domestic and cross-border transactions, highlighting Hong Kong's growing role as a regulated digital asset and Web3 innovation hub.🇭🇰 4️⃣OKX Secures MiCA License, Expands Crypto Services Across Europe OKX has obtained a Markets in Crypto-Assets (MiCA) license, allowing it to operate in 28 European Economic Area (EEA) countries under a unified regulatory framework. With its European hub in Malta, OKX will offer fully regulated #crypto services, including OTC and spot #trading, support for over 240 cryptocurrencies, and free euro deposits and withdrawals. The license grants passporting rights, streamlining expansion across the EU, while platforms will feature local languages, currencies, and payment options tailored for users.🇪🇺 📥To get connected to aelf Ventures, contact us here: https://lnkd.in/gPGq3DGV