TRON DAO expands AI fund to $1 billion to help establish contributors’ wealth


TRON DAO, the crowd-sourced organization behind the most widely used blockchain-based stablecoin network, is expanding its AI Fund from $100 million to $1 billion as it expands its infrastructure for the growing economy, according to Monday. to announce.

The fund focuses on early stage businesses and acquisitions in key areas such as sponsor information, stablecoin payments, premium assets, and investment management system tools.

The project is expanding on the 2023 vision that anticipates the evolution of AI and blockchain.

With that convergence now confirmed, TRON is positioning AI agents as autonomous financial institutions that require onchain systems that include identity, payment, and ownership.

Onchain AI contributors have made millions of payments, but their services remain a small part of the stablecoin’s annual revenue. Analyst objectives give suggestions Economic agency could reach $30 trillion by 2030.

Financial compensation and AI support

Several blockchain networks, including Ethereum, Solana, and Base, are rapidly developing use cases around automated and high-speed systems, with varying levels of maturity and investment.

TRON’s competition is mainly driven by its price. For programs that rely on small capital expenditures, the payment process is more complicated, favoring networks designed to eliminate the costs.

New technical standards

The development comes as new technical standards are growing in the universe, including ERC-8004, an independent information protocol that was launched earlier this year and exceeded 24,000 NFT registrations in its first month, and the x402 protocol, which was designed to facilitate machine-to-machine payments and is starting to see a rapid increase. the implementation of programs.

Disclosure: This article was edited by Vivian Nguyen. To learn more about how we create and review content, see our Registration Procedure.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *