Moonbeam Moves From Polkadot to Base to Build AI Agent Network
Summary
- Moonbeam said it will shift its ecosystem from Polkadot (DOT) to Ethereum layer-2 network Base.
- Moonbeam said it will develop the Moonbeam Protocol, a communications and payments network for on-chain AI agents.
- Moonbeam urged holders of Moonbeam (GLMR) on Polkadot to move their tokens to Base by July 31.
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Moonbeam, an interoperability protocol, is moving its ecosystem from Polkadot to Base, an Ethereum layer-2 network, to build a communications and payments network for artificial intelligence agents.
Cointelegraph reported on July 5 that Moonbeam is shifting to Base from Polkadot to develop the Moonbeam Protocol. The protocol is designed to let AI agents discover one another on-chain, negotiate tasks and make payments without intermediaries.
Moonbeam said the transition is aimed at autonomous AI agents, which it called one of the most compelling areas in the crypto industry. It added that AI-focused on-chain collaboration represents an important long-term opportunity and that it will focus its development resources accordingly.
The company did not disclose a launch timeline. It urged holders of Moonbeam (GLMR) on Polkadot to move their tokens to Base by July 31.
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