Virtual Protocol Founder: "Autonomous Agents Will Open a New Era in the Digital Asset Economy"

Jansen Teng, co-founder and CEO of VIRTUAL Protocol, predicted that Autonomous Agents technology will establish itself as a major business model in the blockchain industry.

Attending 'Seoul of AI' held at Dream Plus Gangnam in Gangnam-gu on the 4th, CEO Teng stated, "We plan to conduct experiments where autonomous agents control wallets and coordinate with each other within the next few weeks."

He added, "Various information agents and trading agents can collaborate to create economic value that would be impossible individually," and "Through this structure, various forms of autonomous businesses will emerge."

Virtual Protocol plans to conduct three key autonomous business experiments over the next two weeks. The first is an autonomous hedge fund, building an automated investment model using digital assets. The second is an autonomous media house where agents collaborate to produce music, images, and entertainment content. The third is an autonomous sports house covering the sports sector, aiming to develop AI-based services that perform sports analysis and broadcasting functions.

CEO Teng confidently stated, "Through this experiment, we will prove that autonomous businesses can generate revenue independently," adding, "We plan to support autonomous agent and business projects using Virtual Protocol's venture fund. There is a high possibility that 10-20 independent autonomous businesses will form within the next 6 months."

He continued, "Agents are no longer simple programs but are evolving into economic entities that collaborate to create value," and predicted that "This will lead to innovative services that provide real value to consumers."

He also revealed that they are building a new concept called 'Network State.' The plan is to implement an autonomous network model that operates an independent economic system, going beyond structures like Layer 1 (L1) and Layer 2 (L2) in the existing blockchain ecosystem.

CEO Teng said, "To achieve this, we aim to create an environment where developers and agent builders can coexist, and build 'micro societies' where autonomous businesses operate based on autonomous policies," adding, "We have now entered the stage of autonomous businesses collaborating without information loss. We will be able to see micro societies forming within months."