NEAR Foundation has just announced the $20 million AI Agents Fund, aimed at investing in AI agent tokens on the NEAR platform, focusing on decentralized AI applications and automated agent solutions. The fund will help accelerate the development of innovative applications, especially in areas such as agent tokenization, decentralized AI oracles, and on-chain games featuring AI characters. Additionally, the fund is also looking for new ideas such as agent-managed savings accounts, market-making agents, and transaction management systems coordinated by agents.
NEAR Foundation expects that AI Agents will become the future of commerce and business, and this fund will support developers in creating solutions that can be implemented on the NEAR platform. NEAR's development tools, including NEAR Intents and security technologies such as multi-party key management (MPC) and trusted execution environments (TEE), will help ensure that agents operate safely and efficiently.
The AI Agents Fund will also collaborate with major ecosystems like Sky, Frax, and many other projects to promote fresh AI applications in Web3. NEAR hopes to attract more developers to engage in this field and expand the creative potential of AI in the crypto space.