虛擬是最強的AI代理生態系統

本文根據生態系統構建，產品迭代，社區分佈和代幣價值評估了多個加密AI項目的性能。

Written by: @Defi0xJeff

撰寫者： @defi0xjeff

Compiled by: zhouzhou, BlockBeats

編譯者：khouzhou，blockbeats

Editor's note: This article evaluates the performance of multiple crypto AI projects in terms of ecosystem construction, product iteration, community distribution, and token value. It believes that Virtuals is the strongest in terms of speed and heat maintenance. Although CreatorBid is slow in execution, it has a clear vision and focuses on the Bittensor smart agent ecosystem, and has long-term potential. The overall AI agent track is still in its early stages, and the focus may shift to infrastructure and real consumer scenarios in the future.

編者註：本文根據生態系統構建，產品迭代，社區分佈和代幣價值評估了多個加密AI項目的性能。它認為，在速度和熱量維持速度方面，虛擬物是最強的。儘管Creatorbid的執行緩慢，但它具有清晰的願景，並專注於Bittensor Smart Agent生態系統，並且具有長期的潛力。整體AI代理軌道仍處於早期階段，將來的重點可能會轉移到基礎架構和真正的消費者場景上。

The following is the original content (for easier reading and understanding, the original content has been reorganized):

以下是原始內容（為了更容易閱讀和理解，原始內容已重新組織）：

It’s been about 7 months since the AI Agent boom started. The boom started with the birth of @truth_terminal ➙ @pmarca invested in it винаएँ Someone issued a token for it ➙ It started to promote the token ➙ @virtuals_io launched an agent tokenization platform ➙ AIDOL and conversational agent phase ➙ alpha agent phase, @aixbt_agent rose ➙ framework phase, @elizaOS (formerly ai16z) launched the open AI developer movement ➙ small-scale AI x game attempts (but no one survived) ➙ DeFAI phase (vision is still strong, but execution is weak)

自AI經紀人繁榮開始已經過去了7個月。 The boom started with the birth of @truth_terminal ➙ @pmarca invested in it винаएँ Someone issued a token for it ➙ It started to promote the token ➙ @virtuals_io launched an agent tokenization platform ➙ AIDOL and conversational agent phase ➙ alpha agent phase, @aixbt_agent rose ➙ framework phase, @elizaOS (formerly ai16z) launched the打開AI開發人員運動➙小型AI X遊戲嘗試（但沒有人倖存）➙defai階段（視覺仍然很強，但執行較弱）

This is roughly a summary of the main stages of the AI Agent track.

這大約是AI代理軌道的主要階段的摘要。

Evolving from these stages are a handful of solid AI agent teams—which are still active, constantly launching new products and features (although they’re mainly sustained by transaction fee income accumulated in the early days).

從這些階段演變為少數可靠的AI代理團隊 - 仍然活躍，不斷推出新產品和功能（儘管它們主要由早期積累的交易費用所維持）。

Most importantly, there are still some ecosystems that remain strong, providing support to developers, helping product ideas get off the ground, and driving AI products and tokens from conception to successful launch.

最重要的是，仍然有一些生態系統保持強大，為開發人員提供支持，幫助產品構想脫穎而出，並將AI產品和代幣從受孕到成功發射。

The role of ecosystem leaders

生態系統領導者的作用

These ecosystem leaders provided invaluable support:

這些生態系統領導者提供了寶貴的支持：

In the field of Web3 AI, ecosystem leaders remain the core pillars, because the community is the core component of the crypto world - the community is the key to whether the token can form a network effect (unlike the traditional SaaS model that relies on subscription fees, Web3 projects rely on tokens to incentivize participation, accelerate growth and user adoption).

在Web3 AI領域，生態系統領導者仍然是核心支柱，因為社區是加密世界的核心組成部分 - 社區是代幣是否可以形成網絡效應的關鍵（與依賴訂閱費用的傳統SaaS模型不同，Web3項目依賴於訂閱項目，依靠代幣依靠代幣來激發參與，加快參與和限制）。

Over the past 7 months, we have seen multiple ecosystem leaders rise and fall. But the projects that are still active stand out in the following aspects:

在過去的7個月中，我們已經看到多個生態系統領導者崛起和下降。但是，在以下各個方面仍然有效的項目：

This article will objectively analyze what each ecosystem does well, who is leading, and who is lagging behind.

本文將客觀地分析每個生態系統的表現，領導者以及誰落後的人。

We will analyze from the following aspects:

我們將從以下各個方面進行分析：

Without further ado, let’s look at the first aspect:

事不宜遲，讓我們看看第一個方面：

Products and Distribution

產品和分銷

In Web3, tokens themselves are often considered a product. But in this article, we define "product" as a good or service that meets actual user needs.

在Web3中，令牌本身通常被認為是產品。但是在本文中，我們將“產品”定義為滿足實際用戶需求的好或服務。

In the Web3 AI space, most products revolve around “financialization,” meaning they are tools and smart services that help people make money—such as Alpha terminals, conversational agents that can express emotions about a project, agents that trade or predict with the goal of outperforming the market, and so on.

在Web3 AI領域中，大多數產品圍繞“金融化”，這意味著它們是幫助人們賺錢的工具和智能服務，例如Alpha終端，可以對項目表達情感的對話代理，交易或預測的代理商，以勝過市場的目標，等等。

Whether a product is successful depends largely on “distribution”. Generally speaking, this field is 90% distribution + 10% technical architecture. Few people in the industry care about what model your AI Agent uses. People are more concerned about whether its output is stable and whether the insights and alphas it shares are really useful.

產品是否成功取決於“分佈”。一般而言，該領域的分佈 + 10％的技術體系結構。行業中很少有人關心您的AI代理使用的模型。人們更關心其輸出是否穩定，以及洞察力和alphas它的共享真的很有用。

Virtuals

虛擬的

@virtuals_io has the most diverse products in the ecosystem - including alpha signals, terminals, on/off-chain data, agent workflows for audits and security analysis, bots, investment DAOs, trading agents, prediction agents, sports analytics, music, DeFi, and more.

@virtuals_io在生態系統中擁有最多樣化的產品 - 包括α信號，終端，鏈上/離鏈數據，審計和安全分析的代理工作流程，機器人，投資DAOS，貿易代理，預測代理，預測代理，體育分析，體育分析，音樂，音樂，DEFI等。

Virtuals is arguably the strongest in storytelling and shaping narratives, and is also the team that is best at listening to community feedback and iterating quickly (they can be called “the strong ones that survived”).

可以說，虛擬的講故事和塑造敘事中最強，也是最好傾向於傾聽社區反饋並迅速迭代的團隊（它們可以稱為“倖存下來的強者”）。

However, although they provide a wide variety of services, there are actually only a few teams working on products that can provide real value (not just entertainment) to users.

但是，儘管它們提供了各種各樣的服務，但實際上只有少數團隊從事可以為用戶提供真正價值（不僅僅是娛樂）的產品。

Virtuals is the first player to launch a groundbreaking AI Agent launch platform, allowing anyone to publish a conversational agent and bind a token. This mechanism is a double-edged sword - Virtuals can charge fees and gain value from these launches in the early stage, but because anyone can publish, it attracts a large number of short-term speculators and value harvesters, who may repeatedly issue tokens or even run away directly after going online.

Virtuals是第一個啟動開創性AI代理髮射平台的玩家，允許任何人發布對話代理並綁定令牌。該機制是一把雙刃劍 - 虛擬刀可以在早期發射中收取費用並從這些發射中獲得價值，但是由於任何人都可以發布，它會吸引大量的短期投機者和價值收穫者，他們可能會反復發行代幣，甚至在上網後直接逃跑。

Arc

弧

Players like @arcdotfun are taking a completely different path.

像@ArcDotFun這樣的球員正在走完全不同的道路。

Instead of building a "launch platform" and encouraging as many projects as possible to go online, they focused on building the AI Agent marketplace Ryzome by working with a small number of high-quality projects and integrating their products and services into their MCP infrastructure.

他們沒有建立一個“啟動平台”並鼓勵盡可能多的項目上網，而是通過與少數高質量的項目合作並將其產品和服務集成到其MCP基礎架構中來建立AI Agent MarketPlace Ryzome。

In addition, they will also launch a code-free/node

此外，他們還將啟動無代碼/節點