The artificial intelligence sector is experiencing a rapid surge in the development and deployment of AI agents, particularly in the realms of crypto and Web 3. However, not everything is as it appears.
The majority of these AI agents are free and open-source, challenging the belief that tokenized models are essential for AI advancement.
Non-Tokenized AI Agents Outpace Crypto Solutions in Popularity
Data from the AI Agents Directory reveals a steady monthly growth rate of 35% in the number of AI agents. Despite this increasing interest, only a small fraction (3%) of the AI agent ecosystem is comprised of Web3-based artificial intelligence solutions.
The trend of monthly growth in AI agents. Source: AI Agents Directory
Moreover, data indicates that the most sought-after AI agents by users and developers do not originate from the Web3 sector, underscoring the limited mainstream appeal of crypto-integrated AI solutions.
In a statement, Hitesh Malviya, a well-known analyst, expressed a similar view.
"When you look beyond the crypto community, you'll discover a robust ecosystem of superior AI agents that are free and don't require tokens. What we are trading under the guise of agents is essentially memes—a value conjured out of thin air, as we often do," remarked Hitesh.
The advent of tools like Manus, ChatGPT Operator, and n8n has simplified the process for individuals and businesses to create and deploy their personalized AI agents. These platforms empower users to build AI solutions without the necessity of a native token.
This reinforces the notion that tokenization is not a fundamental element for the functionality of AI agents on the blockchain. Meanwhile, criticisms of AI agent tokens have been raised by industry insiders. ZachXBT, an on-chain detective, recently condemned AI agent tokens, labeling 99% of them as scams.
These concerns align with broader doubts surrounding tokenized AI projects, which are often accused of capitalizing on AI hype without delivering substantial technological progress.
Similarly, a recent survey of Solana (SOL) ecosystem founders uncovered widespread skepticism regarding the utility of AI agents. Most Solana developers view AI agents as overhyped and distracting from core blockchain innovations.
Nevertheless, the crypto AI agent sector is not at a standstill. Recent reports indicate a surge in new launches within the Web3 space. Despite criticisms, some developers and investors still see potential in blockchain-integrated AI solutions.
As the AI agent industry expands, experts are examining its implications for the workplace. Discussions among industry leaders indicate that AI agents will revolutionize tasks automation, streamline workflows, and boost productivity across various sectors.
The AI agent revolution is advancing, with or without tokenization. As open-source and non-tokenized AI solutions gain momentum, the future of AI-driven automation may hinge more on accessibility and practicality rather than speculative token economies.
Ultimately, the market will determine whether blockchain-based AI agents can establish a lasting niche or if they will be overshadowed by their non-tokenized counterparts.