Exclusive: AdEx launches AURA API to bring autonomous AI agents on-chain
AdEx has launched the AURA API, an open-source tool for blockchain developers working on AI agents.
- AdEx launches the AURA API platform for AI developers
- AURA API is an open-source agent framework for blockchain
- The company is also starting a hackathon to reward contributors
Artificial intelligence and Web3 technology are becoming increasingly interconnected. On Tuesday, September 16, Web3 software firm AdEx announced the launch of the AURA API, crypto.news can exclusively report. This is an open-source framework to help developers launch on-chain AI agents.
Essentially, the AURA API is a series of building blocks that enable developers to leverage AI capabilities on the blockchain more easily. The platform monitors raw data, including wallet balances, asset positions, and more. The API then connects to the AI layer, enabling it to interpret data and identify opportunities.
The AURA API can also generate personalized insights, creating strategies tailored for individual users. Moreover, it features an automation layer, enabling developers to create flows that automatically execute trading strategies.
AURA API will integrate with LLMs like ChatGPT
The platform will also feature an LLM interface, which connects to other parts of the API. This could enable users to interact with the platform similarly to how they would interact with ChatGPT and other LLMs. For instance, users might be able to give instructions using natural language.
Potential use cases, according to AdEx, include finding opportunities in “airdrops, DeFi yield, NFT mints, and liquidation risks,” among others. Moreover, developers would be able to leverage the AURA API to power “AI-driven portfolio trackers, autonomous trading bots, and real-time assistants,” and more.
The company also announced a hackathon set for September 22 and lasting one month. The competition will focus on Web3 applications that leverage AI and will feature a $12,000 prize pool. By launching the hackathon simultaneously with the AURA API, AdEx hopes to attract talent to contribute to the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin steady at $80,000 as fast-money funds exit, Galaxy Digital research shows
Legendary fund manager Druckenmiller invests in crypto derivatives platform TradeXYZ; related listed company’s share price soars 23% in a single day
Druckenmiller made a rare statement on X, announcing an investment in the crypto derivatives platform TradeXYZ and revealed he would use it to "enhance his investment decision-making process." On the same day, TradeXYZ announced a partnership with ICE, jointly seeking regulatory approval to officially introduce perpetual futures products into the compliant US market. Driven by these dual factors, the associated PURR options trading volume surged sixfold, with bullish bets outnumbering bearish ones by four to one.
Amazon (AMZN.US) Shares Plunge After Hours Following Google's Lead! Free Cash Flow Turns Negative by $42.4 Billion, AI Capital Expenditures Drag Cloud Giants into the Same Storm
In just two days, Google and Amazon, two major cloud service providers, were hit hard by the market due to "capital expenditure eating up cash flow." The question of investment returns from the AI infrastructure frenzy is expanding from individual stock incidents to sector-wide concerns.
Nvidia Endorses Emerging Cloud Provider: Guarantees Over $5 Billion Construction Financing for Nscale
Nvidia is in negotiations with Nscale to provide more than $5 billion in credit guarantees for the construction of its 460MW data center, which will serve Anthropic. The guarantee is structured as a residual value guarantee, meaning Nvidia will take over the facility if Nscale defaults. This is the latest move by Nvidia to support the emerging cloud ecosystem, and so far it has provided a total of approximately $170 billion in credit support and investments.
Crypto prices
More
