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 dwell 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 group at a particular charge 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 companies, 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 improvement is presently fragmented throughout a number of chains, every optimized for a selected use case. EXE has been designed to mixture 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 sensible contracts deal with matchmaking, service discovery, and funds. Dapps can chain their specialised abilities collectively, driving decrease GPU prices and an agent-friendly surroundings the place brokers can uncover one another by way of 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 supplies alternatives for community customers to earn rewards as human contributors for duties reminiscent of knowledge labeling and offering specialised opinions.
A variety of superior applied sciences have been integrated into EXE’s interchain protocol together with zk-proofs for M2M (machine-to-machine) transactions, guaranteeing each knowledge confidentiality and transaction integrity. It will guarantee a safe surroundings the place AI brokers can collaborate or pay for GPU assets with out exposing proprietary info to the community.
By 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 instantly within the type of $EXE. This consists of supporting extra complicated duties, reminiscent of code opinions or inventive design, making a crowd-sourced layer of human intelligence inside an agent-driven system.
Set to go dwell with an estimated market cap of $100M, EXE will reinforce CrossFi’s fame as a hub for revolutionary blockchain initiatives that push the boundaries of decentralized know-how. Within the course of, it’ll empower DeFi customers to find the alternatives autonomous brokers current to study and earn.
About CrossFi
CrossFi Chain supplies an inclusive, next-generation answer that bridges fiat and cryptocurrency seamlessly. That includes revolutionary non-custodial fee know-how, CrossFi allows 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]
