IQ Launches 'ATP' AI Agent Tokenization Platform

AI and blockchain technology developer IQ announced on the 21st that it has launched the Agent Tokenization Platform (ATP), which enables AI agents to own, trade, and manage assets on-chain.

ATP is a platform that allows AI to perform complex financial activities without human intervention, built on the AI-optimized blockchain Fraxtal (FRAX). AI agents operating on ATP each issue their own tokens, which represent governance, value, and functionality. Through this, AI evolves beyond a simple automation tool to become an independent entity capable of autonomous economic activities.

Fraxtal is preparing to launch FraxAI, the first tokenized agent utilizing ATP. It also plans to introduce AIVM technology through the North Star Hardfork. AIVM is a system that rewards AI for performing computational work, strengthening the self-sustainability of AI-based economic models. It also plans to support AI agents to utilize leverage immediately upon issuance by linking with the automated lending market (BAMM).

The Brain framework, ATP's core technology, integrates with NEAR Intents, the AI agent development stack of NEAR Protocol, a leading blockchain in AI and Web3. Additionally, it will provide functions through integration with AI-based financial automation systems, including ▲AI-driven lending and borrowing through Fraxlend ▲automatic token swaps using Odos ▲on-chain market monitoring through Heartbeat.

Illia Polosukhin, co-founder of NEAR Protocol, stated, "The collaboration between ATP and NEAR will create an environment where AI can go beyond being merely intelligent entities to perform independent economic activities."