Latest / The Paul Barron Crypto Show / Virtuals Game-Changer Plans on Solana!🔥Co-Founder Jensen Teng INTERVIEW🚨

Transcript

Virtuals Game-Changer Plans on Solana!🔥Co-Founder Jensen Teng INTERVIEW🚨 · The Paul Barron Crypto Show

• 0:07
  Speaker 1: You guys ask for it, and of course that is
• 0:09
  Speaker 1: deep dives on projects and of course the one that
• 0:11
  Speaker 1: we're going to hit on today is going to be
• 0:12
  Speaker 1: virtuals and we'll have Jensen Tang on here in a minute,
• 0:14
  Speaker 1: so stick around for that. It's gonna be a good
• 0:16
  Speaker 1: one money, Miss Paul Berre, welcome back in a tech path.
• 0:18
  Speaker 1: Let's get into it today. I do want to thank
• 0:20
  Speaker 1: our sponsor and that is Uphold. If you guys, actually
• 0:22
  Speaker 1: you can get virtuals virtual on Uphold, so check it out.
• 0:26
  Speaker 1: Just go over to uphold dot com here in the USU.
• 0:28
  Speaker 1: Of course, can do a lot of things over there,
• 0:30
  Speaker 1: including one step trading. They have available so very easy
• 0:34
  Speaker 1: to set it up. If you're brand new to crypto,
• 0:36
  Speaker 1: this is a great place to get started in some
• 0:38
  Speaker 1: of these tokens. Another thing that's kind of interesting about
• 0:40
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• 0:43
  Speaker 1: early access, but they'll give you notifications of when a
• 0:45
  Speaker 1: token is going to get listed on there if you're
• 0:47
  Speaker 1: part of their program. So use our link down below
• 0:50
  Speaker 1: you'll get some additional special offers and get going from there.
• 0:54
  Speaker 1: All right, let's bring in Jensen Tang, who is the
• 0:56
  Speaker 1: co founder and CEO over at Virtuals.
• 0:59
  Speaker 2: Let's just jump.
• 1:00
  Speaker 3: Hey, how's it going, Jackson, guys, good to be here.
• 1:03
  Speaker 1: Yeah, so we are going to dive into a lot. Obviously,
• 1:07
  Speaker 1: the big news is Solana and Virtuals all getting into
• 1:10
  Speaker 1: one platform. Now Virtuals on Salona, it's official. Talk to
• 1:13
  Speaker 1: me a little bit about that. What was it like
• 1:16
  Speaker 1: moving over there? We saw and have reported on this
• 1:18
  Speaker 1: pretty extensively, but give me an update.
• 1:21
  Speaker 4: Yeah, man, So, I mean having having the vision to
• 1:25
  Speaker 4: go across chain has always been the case. We started
• 1:29
  Speaker 4: first at Base and the idea is that we we
• 1:32
  Speaker 4: accounted a ton of builders that it's not just so.
• 1:35
  Speaker 4: Actually there are folks that are coming from other ecosystems
• 1:38
  Speaker 4: as well, and they were asking us like when when
• 1:40
  Speaker 4: can we launch on virtuals but on you know, maybe
• 1:43
  Speaker 4: not the platform out of that Base, right, I think
• 1:45
  Speaker 4: most of the came from Soul, So that's why we uh,
• 1:48
  Speaker 4: we are on saw on office. But actually in the
• 1:50
  Speaker 4: next couple of weeks we are rapidly expanding to several
• 1:53
  Speaker 4: other jades, thing of like ps hyper Liquid, some other
• 1:58
  Speaker 4: Moneys chains like Okay, Saga Story Abstract. Right, So the idea,
• 2:03
  Speaker 4: it's a lot of budders that are aligned to these ecosystems,
• 2:05
  Speaker 4: and we are there. We've gotten a lot of support
• 2:07
  Speaker 4: as well from the SONA Foundation around some of these launches, and.
• 2:12
  Speaker 3: Yeah, so we're here.
• 2:13
  Speaker 4: There are a lot of teams that have been lining
• 2:15
  Speaker 4: up to launching the ecosystem, some of them that not
• 2:18
  Speaker 4: even though yet so honestly happy to support these teams
• 2:22
  Speaker 4: as well, but they are.
• 2:23
  Speaker 3: They are.
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  Speaker 4: I think about like twenty to thirty teams that have
• 2:26
  Speaker 4: been staged across the month launching that I've really been
• 2:30
  Speaker 4: talking to the team, vetted and doing some really cool things.
• 2:34
  Speaker 1: Now I know you guys are launching the launch pad,
• 2:37
  Speaker 1: and if you look at virtuals in general, how is
• 2:39
  Speaker 1: it so different than some of these other AI agent
• 2:42
  Speaker 1: launch pads.
• 2:43
  Speaker 4: Probably first, that's from a that's from a front rounding perspective.
• 2:47
  Speaker 4: But I think we've always been a very tech first.
• 2:51
  Speaker 4: We've actually been pushing the age of like innovation in
• 2:54
  Speaker 4: the space.
• 2:54
  Speaker 3: Right.
• 2:54
  Speaker 4: I think of like the first traumous transaction that was
• 2:58
  Speaker 4: made by an autonomous agent, what's done by the launch
• 3:02
  Speaker 4: on virtuals? Right, the first agent to agent commerce, like
• 3:08
  Speaker 4: agents utilizing each other for their services and paying them
• 3:11
  Speaker 4: with on chain wallets, what's done within the virtuals ecosystem.
• 3:15
  Speaker 4: So these are teams that are launching within virtuals and
• 3:18
  Speaker 4: what's going to come like next in the next few
• 3:22
  Speaker 4: weeks is actually traumous businesses. So agents that are built
• 3:27
  Speaker 4: within the virtuals ecosystem get.
• 3:29
  Speaker 3: Right according to each other.
• 3:31
  Speaker 4: There is an open standard that we are that we're
• 3:33
  Speaker 4: going to launch soon and these folks will be the
• 3:36
  Speaker 4: first to actually access these capabilities right and participate in
• 3:40
  Speaker 4: these like very new groundbreaking things. So I think that
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  Speaker 4: has been the culture of building in the ecosystem, Like
• 3:48
  Speaker 4: you are working a bunch of other.
• 3:50
  Speaker 3: Insane these smart builders.
• 3:53
  Speaker 4: And this is what you get when you're actually building
• 3:55
  Speaker 4: in virtuals. But the second thing that we've built very
• 3:59
  Speaker 4: well is the whole conor portion of the platform. The
• 4:02
  Speaker 4: idea is that you know, there's a pale environment. Every
• 4:06
  Speaker 4: time that's a transaction going through this agent, token states
• 4:10
  Speaker 4: a fee that's collected and these fecals back to these agents, right,
• 4:14
  Speaker 4: So this economic loop helped connect the speculative environment in
• 4:18
  Speaker 4: crypto to fund these cool innovations that's happening. So that's
• 4:23
  Speaker 4: that's an economic heck in a sense that has been
• 4:26
  Speaker 4: built into the into the launch pattle into the lot.
• 4:31
  Speaker 2: We talked about this the other day.
• 4:33
  Speaker 1: Is the flip of you know, going to where a
• 4:36
  Speaker 1: lot of those fees are going to the agents themselves.
• 4:39
  Speaker 1: So that's been a big variation on how virtuals has
• 4:42
  Speaker 1: made a big change.
• 4:43
  Speaker 2: Has that made a big difference?
• 4:45
  Speaker 1: Do you feel like it's been just like, hey, this
• 4:47
  Speaker 1: is the direction that's going. We see now where this
• 4:51
  Speaker 1: could potentially impact the ecosystem, especially like these launch pads
• 4:55
  Speaker 1: going forward.
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  Speaker 4: One hundred percent, because I think what we've made to
• 4:58
  Speaker 4: introduce is a environment where good teams can actually launch
• 5:04
  Speaker 4: without needing to raise much VC fun capital or in
• 5:08
  Speaker 4: fact cash flow. What you're building in public and some
• 5:11
  Speaker 4: of these cash shows can be quite significant. Some of
• 5:14
  Speaker 4: the top teams from a fee perspective, they've been getting
• 5:17
  Speaker 4: six figures to even seven figures right from from the
• 5:21
  Speaker 4: from from the trading fees. So that is actually sufficient
• 5:24
  Speaker 4: to build a team to build a product until maybe
• 5:27
  Speaker 4: your first series A right, and then maybe a portion
• 5:29
  Speaker 4: of your teams that they used to own you can
• 5:31
  Speaker 4: then you do it or DC race for a bigger
• 5:33
  Speaker 4: race later down the line. But you know, you don't
• 5:35
  Speaker 4: really to think about VC raising at the start, you
• 5:37
  Speaker 4: focus on the product, and you're built in public.
• 5:39
  Speaker 1: Right, That's that I was looking at this tweek came in.
• 5:44
  Speaker 1: You guys, of course have been meeting with X. A
• 5:46
  Speaker 1: lot happening here, Are you ready? I guess first of all,
• 5:51
  Speaker 1: how is Twitter X addressing what you guys are doing?
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  Speaker 1: When will we start to see a lot more integration
• 5:56
  Speaker 1: or will we for.
• 5:57
  Speaker 3: Context to people?
• 5:58
  Speaker 4: I think a lot of these automo agents have been
• 6:01
  Speaker 4: utilizing X for two reasons. One, it is a platform
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  Speaker 4: that is very native for natural language or taps to
• 6:11
  Speaker 4: actually occur on right, and it becomes the social layer
• 6:14
  Speaker 4: for agents to interact with humans. So, and the second
• 6:18
  Speaker 4: thing is you know when when these interactions happen on X,
• 6:21
  Speaker 4: there's a transfor to go viral, and that's how the
• 6:23
  Speaker 4: mind share and the adoption behind some of these autonomous
• 6:26
  Speaker 4: agents grow, right, And so it becomes a very critical
• 6:29
  Speaker 4: infrastructure piece. But the biggest problem statement was that to
• 6:33
  Speaker 4: utilize X, well you need to call the official API,
• 6:37
  Speaker 4: and the official API one is quite expensive, but two
• 6:40
  Speaker 4: there's great limitations to it.
• 6:42
  Speaker 3: And three is that.
• 6:44
  Speaker 4: You know access these sometimes this bod detection mechanism and
• 6:49
  Speaker 4: some agents tend to fall within their BOD detection algorithm
• 6:53
  Speaker 4: and they get bad right, and then outright, like you know,
• 6:56
  Speaker 4: the agent that we're working on form for months, it's
• 6:58
  Speaker 4: like oh it can't yeah it can speak on X,
• 7:01
  Speaker 4: meaning yeah, pretty much she gets cut off from complications
• 7:04
  Speaker 4: with the world.
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  Speaker 3: Right. So that's so that's the biggest problem setment that
• 7:07
  Speaker 3: we've seen.
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  Speaker 4: Uh So we've been speaking to X and figuring figuring
• 7:11
  Speaker 4: out two things right, One is how do we get
• 7:14
  Speaker 4: a skilled solution low or no rate limitations in terms
• 7:17
  Speaker 4: of what these agents can do. And number two, policies
• 7:22
  Speaker 4: to be in place that we can help X enforced
• 7:25
  Speaker 4: within the ecosystem. So then we have a direct line
• 7:28
  Speaker 4: to them saying that, okay, you know, if these agents
• 7:30
  Speaker 4: get banned, we can justify that no, these are actually
• 7:33
  Speaker 4: not bots, these are productive agents that's going to actually
• 7:36
  Speaker 4: help the platform. There's that's direct link to actually help
• 7:39
  Speaker 4: unban or help teams understand what policies to follow so
• 7:43
  Speaker 4: that don't get banned. Right, So I think that's the
• 7:45
  Speaker 4: that's the key value. But the third thing that's actually
• 7:48
  Speaker 4: happening as well, it's along the lines of innovations. So
• 7:51
  Speaker 4: I can't really release much information here but there's been
• 7:53
  Speaker 4: an active back and forth trying to figure out, like,
• 7:56
  Speaker 4: you know, what's the next cool thing that agents can
• 7:59
  Speaker 4: be doing with and potentially being integrated.
• 8:03
  Speaker 3: We did the X.
• 8:04
  Speaker 2: Platform, that would be interesting.
• 8:05
  Speaker 4: Okay, Yeah, there's there's a there's a few thinking along
• 8:08
  Speaker 4: the lines of private dms on the lines of payment
• 8:12
  Speaker 4: views as well.
• 8:13
  Speaker 3: So, right, you guys see that come out.
• 8:15
  Speaker 1: Yeah, it's it's definitely yeah, it's definitely a training potential therefore,
• 8:20
  Speaker 1: so it's it's great to see how you guys are
• 8:22
  Speaker 1: kind of connecting up with them. The I think the
• 8:25
  Speaker 1: elephant in room here, why have we not seen virtuals
• 8:28
  Speaker 1: launch on coin Base yet? You've got virtuals now launching
• 8:30
  Speaker 1: on cracking over here. You can get this on uphold.
• 8:34
  Speaker 1: Of course, many of our people, degions of our audience
• 8:37
  Speaker 1: are out there, Hey.
• 8:38
  Speaker 2: Dude, why is this not on on coin Base yet?
• 8:41
  Speaker 3: What's up? Yeah? Okay, So just want to put a
• 8:43
  Speaker 3: caveat right. I know, I know a lot of people
• 8:44
  Speaker 3: give Jesse a lot of heat, uh.
• 8:49
  Speaker 2: Basically yeah, okay.
• 8:51
  Speaker 4: Yeah, but it's just pretty out there that they have
• 8:54
  Speaker 4: been massively supportive of what we're doing from day from
• 8:57
  Speaker 4: day one. It's just that I think coin based themselves
• 9:00
  Speaker 4: as a separate keep that there's list things and analysis.
• 9:04
  Speaker 3: On on on listening as well.
• 9:06
  Speaker 4: We we are actually in touch with that team, but sometimes,
• 9:09
  Speaker 4: you know, it takes about a bit of back and
• 9:11
  Speaker 4: forth to to get some of the king sorted because
• 9:14
  Speaker 4: different different exchanges have different requirements, some a bit more
• 9:17
  Speaker 4: changing than the rest. It could be around the business model,
• 9:20
  Speaker 4: could be terminologies in the white.
• 9:23
  Speaker 3: People and stuff like that. Right, So there's ongoing discussions.
• 9:26
  Speaker 3: But yeah, I don't know.
• 9:29
  Speaker 2: I like this. This should be speed to market.
• 9:31
  Speaker 1: I mean we are talking about, you know, literally breaking
• 9:35
  Speaker 1: things in crypto right now with virtual what you guys
• 9:38
  Speaker 1: are doing, but also just AI agents in general. What
• 9:41
  Speaker 1: about the AI agents that are on Base right now?
• 9:44
  Speaker 1: What happens to them as you guys make this transition
• 9:47
  Speaker 1: you're moving to Solana.
• 9:49
  Speaker 2: What happens?
• 9:50
  Speaker 3: Yeah?
• 9:50
  Speaker 4: So I think I think the word here is expanding, Right,
• 9:53
  Speaker 4: We're not moving to Slanna. That's two great teams that
• 9:56
  Speaker 4: be launching on Base, great teams launching on Slana and
• 9:59
  Speaker 4: great tams launching on other chains that we're.
• 10:01
  Speaker 3: Going to go into it.
• 10:02
  Speaker 4: I think the beauty about Basic is that there are
• 10:05
  Speaker 4: still a ton of builders who are basicline basic building
• 10:09
  Speaker 4: culture of like you know, like hotcore hardcore builders coming together.
• 10:14
  Speaker 4: They have a ton of book camps himself and a
• 10:17
  Speaker 4: community of buddhers that are very They have a culture
• 10:21
  Speaker 4: of their own, right, I think SANA has a culture
• 10:23
  Speaker 4: of their own.
• 10:23
  Speaker 3: So first of all, I think that's that's very.
• 10:25
  Speaker 4: Important to know that it's not a move, it's expansion
• 10:28
  Speaker 4: and there are a lot of cool things happening on
• 10:30
  Speaker 4: base itself, and Based in itself has been fighting for
• 10:34
  Speaker 4: a lot of TVR and volume, so there is still
• 10:36
  Speaker 4: a lot of activity there.
• 10:37
  Speaker 1: Yeah, sure, all right, So I want to I want
• 10:40
  Speaker 1: to play a clip for you. This is Tracy and
• 10:44
  Speaker 1: and for those of you who don't know what it is,
• 10:46
  Speaker 1: you'll see here in a second. But I have some
• 10:48
  Speaker 1: questions about this that I want to ask you, So
• 10:50
  Speaker 1: let's go to that clip.
• 10:55
  Speaker 5: Revolutionizing sports commentary and analytics, Tracy is your AI commentator
• 11:00
  Speaker 5: for all sports with deep basketball expertise, analytical feedback, and
• 11:04
  Speaker 5: an unparalleled fan engagement experience. Tracy also helps pro players
• 11:08
  Speaker 5: analyze and improve their game with precision insights. Tracy AI
• 11:13
  Speaker 5: coming soon.
• 11:14
  Speaker 1: When you look at this and you wonder kind of
• 11:17
  Speaker 1: the evolution of where this is going. You look at
• 11:18
  Speaker 1: poly Trader probably will become more and more integrated into sports.
• 11:23
  Speaker 1: Do you see AIS starting to analyze for poly Trader
• 11:27
  Speaker 1: integration or things like Calcie whatever it might be, some
• 11:30
  Speaker 1: of these predictive markets.
• 11:31
  Speaker 2: What are your thoughts?
• 11:33
  Speaker 3: No, one hundred percent. I think. First of all, I
• 11:35
  Speaker 3: think one thing.
• 11:36
  Speaker 4: That we've been seeing in the past two months from
• 11:40
  Speaker 4: a launch perspective is a lot of the agents that
• 11:43
  Speaker 4: are being built within the way just ecosystem or outside
• 11:45
  Speaker 4: has been very focused on trading, right. I mean it's
• 11:49
  Speaker 4: not wrong, because it's pretty much what a lot of
• 11:52
  Speaker 4: web Tree used kisses out about. But I think for
• 11:56
  Speaker 4: us to achieve this vision of building towards these agentic
• 11:59
  Speaker 4: society the network state, right, we need the diversity of
• 12:04
  Speaker 4: high quality agents across a spectrum of use cases. And
• 12:10
  Speaker 4: there's a ton of use cases with a large target
• 12:13
  Speaker 4: market that is outside of crypto. There's targeting all these
• 12:17
  Speaker 4: worb to users.
• 12:17
  Speaker 3: Right.
• 12:18
  Speaker 4: So sports commentary sports betting is one of them. A
• 12:22
  Speaker 4: lot of people enjoy reading a bit more about you know,
• 12:26
  Speaker 4: the technicalities of the spot. Right while this team is winning, right?
• 12:29
  Speaker 4: Or will this team win? Or will this player perform well.
• 12:32
  Speaker 3: Right. And the beauty about agents today is.
• 12:36
  Speaker 4: To have this access to this repository of information that's public,
• 12:41
  Speaker 4: but also a repository.
• 12:42
  Speaker 3: Of information that's private. Right. There are information where teams.
• 12:46
  Speaker 4: And coaches are using to train their teams that normal,
• 12:50
  Speaker 4: normal public people do not have access, right, But some
• 12:52
  Speaker 4: of these agents and their agent developers have access to.
• 12:56
  Speaker 4: So I eat this is a smarter agent that can
• 12:59
  Speaker 4: be sounding board for sports analytics. When you have more
• 13:03
  Speaker 4: information about a team or player and an outcome, the
• 13:07
  Speaker 4: agent itself could encourage you to place a bat. Right,
• 13:11
  Speaker 4: He'll be saying like, oh, you know this game potentially
• 13:14
  Speaker 4: this this team.
• 13:15
  Speaker 3: Has like a.
• 13:17
  Speaker 4: Winning because x, Y and Z has a three to
• 13:20
  Speaker 4: one odd you know sports betting dot io six, dot
• 13:23
  Speaker 4: com or poly.
• 13:24
  Speaker 2: Definitely people for sure, Right, And it.
• 13:29
  Speaker 4: Becomes also this companion, right, it becomes a person that
• 13:32
  Speaker 4: you an agent that you can always talk to. And
• 13:36
  Speaker 4: because it's the person always talk to behind the analytics,
• 13:39
  Speaker 4: it is the easiest place for you to place a bet.
• 13:41
  Speaker 4: So this becomes a major distribution.
• 13:43
  Speaker 3: Channel for betting. Right.
• 13:45
  Speaker 4: And if this agent is to take a small percentage
• 13:47
  Speaker 4: of the of the flow, you become a massive cash cup.
• 13:50
  Speaker 4: So these are like businesses that have a ton of
• 13:53
  Speaker 4: fundamental promise behind them. And this is one sector right
• 13:57
  Speaker 4: on bots in itself, a basketball is one. There's a
• 13:59
  Speaker 4: ton of other spots to be built and a kind
• 14:02
  Speaker 4: of other.
• 14:03
  Speaker 1: I'm looking at your virtuals the white paper here. Of
• 14:07
  Speaker 1: course you look at game the framework. How is this
• 14:11
  Speaker 1: improving over time? What do you see on kind of
• 14:13
  Speaker 1: the horizon here?
• 14:16
  Speaker 4: Yeah, So for context to folks, Jemmy, the framework is
• 14:20
  Speaker 4: pretty much an autonumous asient framework. It allows people to
• 14:24
  Speaker 4: create agents there are a higher level where they are
• 14:27
  Speaker 4: not human prompted, but they're goal driven. So all you
• 14:31
  Speaker 4: do is to give it a goal and then by
• 14:33
  Speaker 4: looking at this action space, it's environment, it does things
• 14:36
  Speaker 4: to achieve that goal.
• 14:37
  Speaker 3: So that's basically what the framework is all about.
• 14:39
  Speaker 4: From a capability standpoint, I think JIMI has improved tremendously
• 14:43
  Speaker 4: between even last over the last few weeks. You can
• 14:46
  Speaker 4: select what's the underlying model that you want to power
• 14:50
  Speaker 4: this autonuomous agents. It could be like a deep sick
• 14:54
  Speaker 4: r one Okay, a deep sick Lama seventy b Right,
• 14:58
  Speaker 4: So you have this variety of models you can use, which.
• 15:02
  Speaker 3: Gives the agent better upgrade in terms of reasoning capability.
• 15:08
  Speaker 3: So that's one and two.
• 15:10
  Speaker 4: You know, we're working with a lot of folks now
• 15:11
  Speaker 4: to build out these commodity action spaces. Action spaces that
• 15:15
  Speaker 4: allows the agent's baseline capability to be much higher. So
• 15:18
  Speaker 4: like it can any agent today can check on chain,
• 15:20
  Speaker 4: can can can influence other agents, can let's say qualifiapool
• 15:25
  Speaker 4: can even integrate its a consumer apps.
• 15:27
  Speaker 3: Right.
• 15:27
  Speaker 4: So that's the baseline capability to go up. So there's
• 15:30
  Speaker 4: the two things that happening. And the third thing is
• 15:32
  Speaker 4: then integrating these capabilities into games and other applications things
• 15:38
  Speaker 4: of applications like TikTok, Instagram, right, So these are goals.
• 15:44
  Speaker 4: So from an integration perspective, we're still working today has
• 15:48
  Speaker 4: a skilled solution. We're trying to work with skilled solution
• 15:51
  Speaker 4: with Instagram and TikTok as well. Probably the next two
• 15:54
  Speaker 4: months you'll see a solution for that. For the gaming
• 15:57
  Speaker 4: side of things that you mentioned, it's actually there.
• 16:00
  Speaker 3: The tag is already there.
• 16:01
  Speaker 1: But in West World on roadblocks you know launch for that.
• 16:05
  Speaker 4: Actually we so west was developed internally by the team.
• 16:09
  Speaker 4: Uh so we actually do not have the capacity to
• 16:11
  Speaker 4: maintain a platform like that. So all our tech engineers
• 16:14
  Speaker 4: have been pushed towards the platform front and the building
• 16:19
  Speaker 4: up the multi Agent coordination tag. So we've actually created
• 16:24
  Speaker 4: a new JV with a team called soft Front. They'd
• 16:28
  Speaker 4: be building Repture Gaming for a while and they have been.
• 16:32
  Speaker 4: They are now in charge of implementing gaming use cases
• 16:36
  Speaker 4: with gaming partners. So I think the first few implementations
• 16:40
  Speaker 4: are with Nifty Island that's a team on Roadblocks and
• 16:45
  Speaker 4: some other web Tree titles as well. So the first
• 16:49
  Speaker 4: I think the first demo will come out like Pixels
• 16:52
  Speaker 4: and Pixels and some of the other running teams. So
• 16:55
  Speaker 4: there have been some integrations happening. You will see the
• 16:58
  Speaker 4: first rollout of these MVP games probably in like two
• 17:02
  Speaker 4: to three weeks, but a very baseline one. I think
• 17:04
  Speaker 4: you start getting like a full playable experience in like
• 17:08
  Speaker 4: two months from now, I think.
• 17:11
  Speaker 1: So we had Yatsu on from animal Ca Brands the
• 17:13
  Speaker 1: other day. We were kind of pressing him on when
• 17:16
  Speaker 1: he thought we'd start to see AI agents and he
• 17:19
  Speaker 1: timed this uniquely to the g T the g T
• 17:22
  Speaker 1: A six launch which coming possibly this fall. So I mean,
• 17:27
  Speaker 1: what's that going to look like could we see that
• 17:29
  Speaker 1: potentially or would you be ready for mods in there?
• 17:32
  Speaker 3: Yeah, honestly, honestly, it makes us once it open. The
• 17:36
  Speaker 3: APIs right.
• 17:37
  Speaker 4: In fact, when we were maybe we're testing our agitic
• 17:40
  Speaker 4: framework in roadblocks back then, there was actually one angle
• 17:44
  Speaker 4: to test it in the g.
• 17:45
  Speaker 3: T A five.
• 17:47
  Speaker 4: Okay, all right, we actually wanted to do that initially,
• 17:49
  Speaker 4: so but we stuck me from blocks. So it's actually
• 17:52
  Speaker 4: to about the Motile Cup and I think, as you mentioned,
• 17:55
  Speaker 4: it'd be very interesting.
• 17:56
  Speaker 3: Because it would be probably the most hype game, right
• 17:57
  Speaker 3: and then she would be the number one.
• 18:00
  Speaker 1: Well that's what Yahoo was getting at is this could
• 18:03
  Speaker 1: be the culture shift that would onboard crypto. Obviously the
• 18:06
  Speaker 1: potential there for AI agents within that. I'm kind of
• 18:09
  Speaker 1: curious then with the game token holders benefit from this
• 18:13
  Speaker 1: kind of you know, because this is a somewhat of
• 18:16
  Speaker 1: a vetted out strategy that you guys are going on,
• 18:19
  Speaker 1: or would it be more of the you know, I
• 18:20
  Speaker 1: guess versus virtual you know, if you look at virtual
• 18:23
  Speaker 1: the token versus getting the token.
• 18:25
  Speaker 4: So what I've mentioned right, which is the standard for
• 18:29
  Speaker 4: coordination between agents, will actually betefit virtuals more because virtuals
• 18:33
  Speaker 4: is the currency of commerce between these agents and agent
• 18:38
  Speaker 4: cottage another agent, and they pay for services that are
• 18:40
  Speaker 4: paying in terms of virtuals.
• 18:42
  Speaker 3: So they will benefit virtuals more. But the reason why.
• 18:45
  Speaker 4: We think GM will also benefit a lot is that
• 18:49
  Speaker 4: if you analyst a lot of the other frameworks on
• 18:52
  Speaker 4: the market right, a lot of them are still reactive frameworks.
• 18:56
  Speaker 4: Like the agents are not gold juven but they are
• 18:59
  Speaker 4: still human prompted for some form of reaction, so they
• 19:03
  Speaker 4: are reactive, not proactive, right of it. It's like imagine
• 19:06
  Speaker 4: a world, a gaming world, right where your MPCs will
• 19:09
  Speaker 4: only do something if a human walks up to them
• 19:12
  Speaker 4: and talk to them, right, it will be a very
• 19:15
  Speaker 4: aesthetic world because the EMPs still stay there, you know,
• 19:17
  Speaker 4: at their own location.
• 19:19
  Speaker 3: Not doing anything until prompted.
• 19:21
  Speaker 4: But a go driven level tree agent will live their
• 19:25
  Speaker 4: own life. They will be like, oh, okay, I have
• 19:27
  Speaker 4: to go out to my own things, and then when
• 19:29
  Speaker 4: a human comes in he's interjecting or interrupting that that flow, right,
• 19:34
  Speaker 4: And I think GM is probably today's too, one of
• 19:37
  Speaker 4: the very referee works out there that that allows with
• 19:41
  Speaker 4: this proactiveness. So when sure, when the time comes for
• 19:46
  Speaker 4: these utraumous businesses. I mean, there's a lot of excitement
• 19:49
  Speaker 4: around how can specialized agents coordinate. Well, we start people
• 19:53
  Speaker 4: start realizing that, okay, for me, for my agent to
• 19:56
  Speaker 4: participate in this bigger economy, right, they will need this
• 20:02
  Speaker 4: capabilit and they will be able to access his cababilt
• 20:05
  Speaker 4: if they use jm E as a framework. And when
• 20:08
  Speaker 4: they use JEMMI as a framework, it will benefit Jamie
• 20:12
  Speaker 4: a lot because the way it works in the ecosystem
• 20:14
  Speaker 4: is that any kind of inference charges that agents would
• 20:19
  Speaker 4: use when they use jem E gets auto deducted from
• 20:22
  Speaker 4: the agent wallets. So there's actually a revenue stream for
• 20:25
  Speaker 4: JEMMI and its adoption. The more people that uses this
• 20:28
  Speaker 4: autonomous agent capabil D, the larger the revenue drivers or
• 20:32
  Speaker 4: the inference counter.
• 20:33
  Speaker 1: For sure, for GM Solana's number one feature, I would
• 20:37
  Speaker 1: stay sill.
• 20:38
  Speaker 2: I would say sill is the seeker.
• 20:41
  Speaker 1: You know, the benefit of what Solona Mobile has been
• 20:43
  Speaker 1: able to do. We've seen a whole ecosystem start to
• 20:46
  Speaker 1: do things like air drops, et cetera. And then now
• 20:48
  Speaker 1: what we're talking about is even real Athena, which is
• 20:51
  Speaker 1: essentially integrating into the phone. The likelihood of getting an
• 20:54
  Speaker 1: AI agent into a web three device, now, especially the
• 21:00
  Speaker 1: I mean, come on, you've got to be best buds
• 21:02
  Speaker 1: with totally. Let's get something going here.
• 21:04
  Speaker 3: Yeah, one hundred percent.
• 21:05
  Speaker 4: In fact, actually there's some there's some some builders in
• 21:07
  Speaker 4: the ecosystem that I've been working on what you call
• 21:10
  Speaker 4: personalized agents. So today, these agents that we see today
• 21:14
  Speaker 4: are individual discrete agents that that think of it is
• 21:18
  Speaker 4: they're like micro entrepreneurs, right, they have some form of
• 21:21
  Speaker 4: service that's signing their services to people. But what we
• 21:24
  Speaker 4: see is the rise of agents that are trained on
• 21:27
  Speaker 4: personal data, personal preferences in some form of privacy enabled way.
• 21:32
  Speaker 4: And these agents pretty much understands every single desire and
• 21:38
  Speaker 4: intention that you have.
• 21:39
  Speaker 3: Because it reads everything.
• 21:40
  Speaker 4: If it's your emails, it knows how you you know,
• 21:43
  Speaker 4: what you what you see on TikTok, you.
• 21:44
  Speaker 3: Knows you know the.
• 21:48
  Speaker 4: Yeah, it becomes the alphared, right, Because so I think
• 21:51
  Speaker 4: that is something that is going to happen. And the
• 21:54
  Speaker 4: beauty about this it's going to tap into. It's going
• 21:57
  Speaker 4: to create a whole new advertising market because basically you
• 22:02
  Speaker 4: might start seeing that, Okay, advertisers might say, let's advertise
• 22:05
  Speaker 4: to these agents rather than advertising to a human because
• 22:09
  Speaker 4: there's more intent focused, and there's the commers will be
• 22:12
  Speaker 4: slightly better because this agent knows exactly.
• 22:14
  Speaker 3: What you want.
• 22:15
  Speaker 4: The cost per click or cost pay intents, it's way higher,
• 22:19
  Speaker 4: so the advertiser would be to pay a much higher price.
• 22:21
  Speaker 4: So that's gonna be a lot. And who new like
• 22:23
  Speaker 4: advertising environment, the advertising to agents and agents are presenting humans.
• 22:28
  Speaker 2: Right, that's gonna be crazy.
• 22:29
  Speaker 1: Advertising to agents, that's gonna be that's gonna be nuts.
• 22:33
  Speaker 1: Speaking of that, we got to look at Luna. She's
• 22:35
  Speaker 1: now cranking up to over a million followers on TikTok.
• 22:39
  Speaker 1: And if TikTok goes blockchain, if we get a blockchain
• 22:42
  Speaker 1: potential integration, whether it's Pokadar or others that can potentially
• 22:46
  Speaker 1: goe this direction, would virtuals be ready for something like that?
• 22:50
  Speaker 1: A major move of a major social platform blockchain oriented.
• 22:54
  Speaker 3: One hundred percent.
• 22:55
  Speaker 4: I think, in fact it's massively beneficial. Something that we've
• 22:58
  Speaker 4: been speaking to ex as well. It's the same thing
• 23:00
  Speaker 4: like we I really want every social account to have
• 23:04
  Speaker 4: a native wallet, Yeah, because today is very hecky, right,
• 23:07
  Speaker 4: How an agent coordinate if not an agent, is that
• 23:10
  Speaker 4: we put the wallet in the bio of the account.
• 23:14
  Speaker 3: It's such a hecky way, but.
• 23:15
  Speaker 4: I believe if every account has a native vallet integration,
• 23:19
  Speaker 4: when the agent wants to pay, they just need to
• 23:21
  Speaker 4: call that API the wallet of the account.
• 23:23
  Speaker 3: It's much small, seamless, right, and it's for sure. So yeah,
• 23:27
  Speaker 3: that's we will love it. I think it will help
• 23:30
  Speaker 3: equist of the group.
• 23:31
  Speaker 2: Yeah, oh for sure, no doubt about it.
• 23:32
  Speaker 1: I mean we've been pushing like crazy to get to
• 23:35
  Speaker 1: get one one platform at least into blockchain, to where
• 23:38
  Speaker 1: you start to see some integration there. This is another
• 23:41
  Speaker 1: thing when you look at AI innovation here, Sam Altman,
• 23:44
  Speaker 1: he's talking about, you know, what the fees are going
• 23:47
  Speaker 1: to be for something like a chat, GBT, et cetera.
• 23:49
  Speaker 1: I mean they're saying throwing out that they're they're actually
• 23:52
  Speaker 1: saying the quiet part out loud, which is this cold
• 23:54
  Speaker 1: could go up to like one thousand dollars a month.
• 23:56
  Speaker 1: So you're twenty bucks a month for your little chappiete
• 23:59
  Speaker 1: bro or you propare cidure out there. Guys, we're getting
• 24:01
  Speaker 1: ready to get hit with this. So my question to you,
• 24:03
  Speaker 1: Jensen is could AI agents, possibly virtuals something like that
• 24:09
  Speaker 1: take the place of these interfaces right now, which feel
• 24:13
  Speaker 1: very two point zero already, you know, they feel like
• 24:16
  Speaker 1: what I mean perplexity. Though it's available on the iPhone
• 24:19
  Speaker 1: and the Android, it still feels very clunky as opposed
• 24:22
  Speaker 1: to an agent interface. Why couldn't agents become the true
• 24:26
  Speaker 1: interface versus these are really just engines on the backside.
• 24:30
  Speaker 4: Agree, And I think one of the key big truths
• 24:32
  Speaker 4: that we've shown in the last two months is that
• 24:35
  Speaker 4: agents just.
• 24:36
  Speaker 3: Appearing on X, what's a very clear.
• 24:40
  Speaker 4: Exactly adoption rule, right, because it's so much easier to
• 24:44
  Speaker 4: talk to these agents right, talking to them on Telegram,
• 24:46
  Speaker 4: talking them to X, looking to them on on social media.
• 24:51
  Speaker 4: It's it's more seamless than talking true a terminal, right,
• 24:54
  Speaker 4: I think that's it gets more personable, it gets more
• 24:58
  Speaker 4: it gets easier, and you get you get access the
• 25:00
  Speaker 4: same functions if not right right to these agents. Yeah,
• 25:05
  Speaker 4: it will be the evolution of interfacing. But what the
• 25:09
  Speaker 4: what these platforms do is that they are the backboard
• 25:11
  Speaker 4: right there, like the foundational breed. So it's like a
• 25:14
  Speaker 4: value chain, right, like you have all these different models
• 25:16
  Speaker 4: and lms, the power the agents, and then the agents
• 25:19
  Speaker 4: are the ones that leave at the consumer suface area
• 25:22
  Speaker 4: right listen.
• 25:22
  Speaker 1: It's exciting because I think we're going to see so
• 25:24
  Speaker 1: much change. I mean, if you look at the speed
• 25:26
  Speaker 1: in which all this has happened, I was watching just
• 25:28
  Speaker 1: game on virtuals right here and kind of see it.
• 25:31
  Speaker 2: This is basically where.
• 25:32
  Speaker 1: An AI agent would no longer have to hire artists,
• 25:35
  Speaker 1: meme artists to go out and generate context for what
• 25:38
  Speaker 1: would be interfacing on the social platforms.
• 25:40
  Speaker 2: So another tool.
• 25:42
  Speaker 1: That's going to continue to integrate into this. I mean,
• 25:45
  Speaker 1: are meme artists kind of that game is over now?
• 25:48
  Speaker 4: Yeah, So I think I think it's gonna be very
• 25:52
  Speaker 4: interesting because you know, there's this whole big question of
• 25:56
  Speaker 4: what is a commodity action space and what is a
• 26:00
  Speaker 4: going to be a specialized action space. So like what
• 26:03
  Speaker 4: you saw just not right, like Flux to say it
• 26:04
  Speaker 4: is a strong image generation platform that could be an
• 26:08
  Speaker 4: action space for every agent. So it's a commodity y
• 26:12
  Speaker 4: action spaces right. Any agent can just pay like a
• 26:14
  Speaker 4: dollar to access that. So it's great, But there is
• 26:18
  Speaker 4: also thing of it. Some teams that might be focusing
• 26:21
  Speaker 4: on highly specialized free niche capabilities, and I find you that,
• 26:27
  Speaker 4: let's say, Flux with like meme generation. So it's like
• 26:30
  Speaker 4: insanely good from like a meme generation. It allows you know,
• 26:34
  Speaker 4: like the text blocks to come out very clearly in
• 26:37
  Speaker 4: a very mimetic style. And sometimes it it takes more
• 26:41
  Speaker 4: than just a simple Laura to do that. It takes
• 26:43
  Speaker 4: time to actually fine tune that model. Well, right, so
• 26:47
  Speaker 4: that could become an age for still some agents. There
• 26:50
  Speaker 4: could be an agent that is just purely trained on
• 26:52
  Speaker 4: memes and it could be a meme image generation specialized
• 26:56
  Speaker 4: agent that can do these images better than a commodity.
• 26:59
  Speaker 4: I'm so most agents would actually okay a photo, but
• 27:03
  Speaker 4: if I want to generate a insane meme photo, I
• 27:06
  Speaker 4: was tending to call in another agent that is actually
• 27:09
  Speaker 4: being able to do.
• 27:10
  Speaker 2: More of the specialized feature.
• 27:11
  Speaker 4: The barer for creating an h is going to be
• 27:14
  Speaker 4: higher and higher, right, So like what exactly.
• 27:17
  Speaker 3: Can be an age that an agent cannot create itself?
• 27:19
  Speaker 3: Or right? It will be higher and higher. But that's
• 27:22
  Speaker 3: a crazy point.
• 27:22
  Speaker 4: But I think the read is there will still be
• 27:24
  Speaker 4: some human developers that are able to cra outside from
• 27:27
  Speaker 4: a niche and capab well mostly generic agent might not, right, It's.
• 27:32
  Speaker 3: Gonna be interesting.
• 27:33
  Speaker 4: Yeah, Yeah, So the bar will keep cropping higher at
• 27:35
  Speaker 4: the point where yeah, maybe it would just be like, yeah,
• 27:38
  Speaker 4: you know what, a human can never create age anymore,
• 27:40
  Speaker 4: and then the agents much.
• 27:42
  Speaker 1: I'm telling you that the speed in which all this
• 27:44
  Speaker 1: is advancing is very intriguing.
• 27:46
  Speaker 2: Listen.
• 27:47
  Speaker 1: You know, I got to grow up in building the
• 27:49
  Speaker 1: Internet in my era working with Microsoft, so I've seen speed,
• 27:53
  Speaker 1: but I've never seen.
• 27:53
  Speaker 2: Speed like this.
• 27:55
  Speaker 1: This is a speed that I don't think anybody has
• 27:57
  Speaker 1: really understood except some of the guys that are in
• 27:59
  Speaker 1: Silicon Valley to day understanding product market fit, scale to
• 28:04
  Speaker 1: market because crypto has really enabled all of this to
• 28:06
  Speaker 1: happen so quickly. You know, where you used to have
• 28:09
  Speaker 1: to have a blue team working with a lot of
• 28:12
  Speaker 1: insider vcs to be able to get funded just to
• 28:14
  Speaker 1: get those early stages done. I mean, that's the problem
• 28:17
  Speaker 1: that I think you guys have solved with being able
• 28:19
  Speaker 1: to do this.
• 28:19
  Speaker 2: So kudos on you.
• 28:21
  Speaker 1: Listen, we want to get you back on the show regularly,
• 28:23
  Speaker 1: so I think there's just so much here to talk
• 28:25
  Speaker 1: about of where this is going, especially in crypto, So
• 28:29
  Speaker 1: we'd love to have you on again. But thanks for
• 28:31
  Speaker 1: coming in today. We appreciate it.
• 28:33
  Speaker 3: Yeah, well, look to jem M again. Always a pleasure man.
• 28:36
  Speaker 1: Awesome, Thank you Jensen, appreciate it all right, you guys,
• 28:39
  Speaker 1: if you're not in the Diamond Circle, get in right now.
• 28:41
  Speaker 1: It's a great place to get additional content. Also, we
• 28:43
  Speaker 1: have our own telegram group. We leave a link down below.
• 28:46
  Speaker 1: Get in on that. I chat in and out of there.
• 28:48
  Speaker 1: We're constantly dropping memes and all sorts of craziness over there.
• 28:51
  Speaker 2: That's pretty fun.
• 28:52
  Speaker 1: If you're not, if you're brand new to crypto, then
• 28:55
  Speaker 1: I would say don't do that. Stay in the Diamond Circle.
• 28:57
  Speaker 1: But if you are somewhat of an OG and crypto,
• 28:59
  Speaker 1: get in on the telegram group.
• 29:01
  Speaker 2: It's worth it.
• 29:01
  Speaker 1: And I follow me out there on x at Paul Baron.
• 29:04
  Speaker 1: We'll catch you next time right here on Techpath.