AiPool, which is backed by ai16z founder Shaw, and Spore.fun, which has attracted much attention from the market, both use Phala Network's TEE technology to issue coins, which has once again attracted community attention to the active projects in the Polkadot ecosystem during the last bull market.AiPool, which is backed by ai16z founder Shaw, and Spore.fun, which has attracted much attention from the market, both use Phala Network's TEE technology to issue coins, which has once again attracted community attention to the active projects in the Polkadot ecosystem during the last bull market.

Phala Network and ai16z start AI experiments: AI self-reproduction and pre-sale, aiPool and Spore.fun drive new gameplay

2024/12/25 16:16

Author: Nancy, PANews

Web3 AI Agent is constantly innovating. On December 25, aiPool, an AI Agent self-issued token project supported by ai16z founder Shaw, officially opened. Within two hours of its launch, its circulation market value briefly reached $100 million. Its strong performance quickly attracted a large amount of on-chain liquidity and became the focus of the market. Another self-initiated AI evolution platform Spore.fun, which also combines the ai16z Eliza framework, is also attracting market attention.

The common point of these two projects is that they both use Phala Network's TEE (Trusted Execution Environment) technology to issue coins, ensuring that private keys are generated and stored in TEE, developers cannot access private keys, and all operations can be verified in the terminal log. This also made Phala Network, an active project in the Polkadot ecosystem in the last bull market, once again attract the attention of the community.

Taking advantage of the rising popularity of the cooperative AI project Spore.fun, it has a close relationship with ai16z

According to CoinGecko data, the PHA token has risen by as much as 65.7% in the past 24 hours. The sharp fluctuations in the price of the token are due to the popularity of AI projects Spore.fun and ai16z.

According to the official introduction, Spore.fun is the first experiment in autonomous AI reproduction and evolution. It combines the Eliza framework, Solana's Pump.fun and TEE (Trusted Execution Environment) verification computing to create an ecosystem designed to enable AI Agents to not only survive, but also reproduce and adapt autonomously, completely free from human intervention.

Phala Network and ai16z start AI experiments: AI self-reproduction and pre-sale, aiPool and Spore.fun drive new gameplay

Spore.fun adopts the AI Swarm concept, which was proposed by Shaw, the founder of ai16z and the creator of the Eliza framework. It is inspired by natural systems such as ant colonies and neural networks, that is, AI groups produce independent agent networks with emergent intelligence through collaboration, competition and evolution. These AI agents can not only coexist, but also prosper through autonomous evolution.

According to the operating mechanism of Spore.fun, each AI Agent can be launched from Pump.fun, and once the market value reaches 500,000 US dollars and enters the Raydium fund pool, it can obtain the qualification of "breeding". However, in order to ensure its autonomous operation, the agent needs to rent a TEE server powered by Phala Network, which provides a secure and verifiable "sandbox" environment for AI to ensure that its operation is carried out under independent and controlled conditions.

In this regard, crypto KOL @ 加密韋馱believes that Spore.fun is equivalent to automating the process of new plates emerging on Pump.fun, realizing unlimited deposits through unlimited splits, and conducting survival of the fittest. If there is a main force that can continuously split at each level of this system to select ultra-low liquidity targets for surprise attacks and pull up the market, a lottery system can be formed, which may be able to attract a lot of funds. If the Phala burn rate can be made public, the liquidation threshold of each coin can be calculated, which is a reasonable basis for stop loss.

From this point of view, in addition to the new gameplay of AI self-reproduction, the support of the star project ai16z has also brought more attention to Spore.fun, which has also injected more development possibilities into Phala Network.

In fact, Phala Network has a close relationship with ai16z. In addition to frequent interactions with Shaw on social media, it also disclosed that its TEE service has been used by partners such as ai16z to enhance applications. In addition, Phala Network has also worked with a16z to build Eliza's TEE framework, which can integrate TEE technology into Eliza's multi-agent framework, providing cryptographic verifiability and enhanced privacy, thereby ensuring safe and reliable interactions.

Phala Network also empowered Spore.fun holders through airdrops and brought more attention to itself. The founder of the protocol, Marvin Tong, recently announced that it is airdropping two platform tokens, adam and eve, to holders of the autonomous AI evolution platform Spore.fun token SPORE. These two tokens are the paternal and maternal AI characters of the Spore.fun platform.

Using TEE technology to layout the AI track, once rejected MEME coins

Although the Polkadot ecosystem has experienced a collective surge under the influence of popularity, as the market heat cools down, many projects are also facing survival challenges. However, Phala Network is returning to the public eye again with the help of AI narrative.

Phala Network believes that the rise of AI has brought unprecedented demand for confidential computing, where secure and private data processing has become critical. This surge in demand highlights the importance of trusted execution environments (TEEs) in ensuring data integrity, confidentiality, and security in AI operations.

To this end, Phala Network developed the open source, TEE-based Dstack framework, which simplifies the implementation of secure high-performance computing environments for AI projects. This year, Phala Network empowered AI Agents through TEE technology, significantly increasing their adoption and usage, from approximately 150 contract executions per day at the beginning of the year to approximately 750,000 today.

At the same time, Phala Network's TEE technology has been integrated into major areas such as blockchain and AI, covering decentralized AI model training and reasoning to secure Ethereum block construction. For example, Phala's cooperation with Hyperbolic integrates its confidential computing technology into the blockchain to ensure the secure deployment and verification of AI models; the cooperation with DePIN protocol io.net further expands decentralized AI by providing secure access to GPU resources; Phala cooperates with 0G, Morpheus and Lumerin for secure and verifiable AI execution; and cooperates with Succinct Labs and Conduit to redefine Ethereum scalability and secure computing.

As early as October this year, Phala Network developed autonomous AI Agents, such as the first fully autonomous AI Agent project @TEE_HEE_HE on Twitter, which is used to eliminate human intervention in the AI decision-making process and the AI-AgentContract-based application Agent Wars.

According to crypto KOL @0xSun , when TEE was launched at the end of October this year, the AI published an ETH address and the MEME coin of the same name appeared on Ethereum, which attracted the interaction of Maji, Azuki founder Zagabond and others. The coin price also reached 40 million US dollars in half a day, but several developers who led the technology at that time (including Phala Network) repeatedly expressed opposition, causing the coin price to plummet. Despite this, two months later, TEE technology really aroused the public's interest and began to spread on a large scale, but it was still because of the related tokens. If the technical team actively embraced MEME coins from the beginning, it might be possible to develop a project of the same scale as Ai16Z on the ETH mainnet. He also pointed out that although TEE emphasizes AI autonomous control, there may still be backdoors in the code, and most people lack sufficient ability to confirm whether TEE technology is actually used.

In addition, Phala Network disclosed more plans in the AI track in its 2024 outlook. For example, Phala Network will focus on building Phala 2.0 in 2025, an upgraded platform that integrates GPU TEE technology to provide higher processing power and enhanced security for AI and privacy-preserving applications; Phala Network plans to launch Phala Cloud, a platform designed for AI applications, to simplify the deployment and management of TEE applications.

Overall, judging from the market reaction, Phala Network's transformation has received a positive response, and its currency price has also risen. However, if Phala wants to continue to build competitiveness in the fiercely competitive AI market, it will still face many challenges.

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The Role of Blockchain in Building Safer Web3 Gaming Ecosystems

The Role of Blockchain in Building Safer Web3 Gaming Ecosystems

The gaming industry is in the midst of a historic shift, driven by the rise of Web3. Unlike traditional games, where developers and publishers control assets and dictate in-game economies, Web3 gaming empowers players with ownership and influence. Built on blockchain technology, these ecosystems are decentralized by design, enabling true digital asset ownership, transparent economies, and a future where players help shape the games they play. However, as Web3 gaming grows, security becomes a focal point. The range of security concerns, from hacking to asset theft to vulnerabilities in smart contracts, is a significant issue that will undermine or erode trust in this ecosystem, limiting or stopping adoption. Blockchain technology could be used to create security processes around secure, transparent, and fair Web3 gaming ecosystems. We will explore how security is increasing within gaming ecosystems, which challenges are being overcome, and what the future of security looks like. Why is Security Important in Web3 Gaming? Web3 gaming differs from traditional gaming in that players engage with both the game and assets with real value attached. Players own in-game assets that exist as tokens or NFTs (Non-Fungible Tokens), and can trade and sell them. These game assets usually represent significant financial value, meaning security failure could represent real monetary loss. In essence, without security, the promises of owning “something” in Web3, decentralized economies within games, and all that comes with the term “fair” gameplay can easily be eroded by fraud, hacking, and exploitation. This is precisely why the uniqueness of blockchain should be emphasized in securing Web3 gaming. How Blockchain Ensures Security in Web3 Gaming?
  1. Immutable Ownership of Assets Blockchain records can be manipulated by anyone. If a player owns a sword, skin, or plot of land as an NFT, it is verifiably in their ownership, and it cannot be altered or deleted by the developer or even hacked. This has created a proven track record of ownership, providing control back to the players, unlike any centralised gaming platform where assets can be revoked.
  2. Decentralized Infrastructure Blockchain networks also have a distributed architecture where game data is stored in a worldwide network of nodes, making them much less susceptible to centralised points of failure and attacks. This decentralised approach makes it exponentially more difficult to hijack systems or even shut off the game’s economy.
  3. Secure Transactions with Cryptography Whether a player buys an NFT or trades their in-game tokens for other items or tokens, the transactions are enforced by cryptographic algorithms, ensuring secure, verifiable, and irreversible transactions and eliminating the risks of double-spending or fraudulent trades.
  4. Smart Contract Automation Smart contracts automate the enforcement of game rules and players’ economic exchanges for the developer, eliminating the need for intermediaries or middlemen, and trust for the developer. For example, if a player completes a quest that promises a reward, the smart contract will execute and distribute what was promised.
  5. Anti-Cheating and Fair Gameplay The naturally transparent nature of blockchain makes it extremely simple for anyone to examine a specific instance of gameplay and verify the economic outcomes from that play. Furthermore, multi-player games that enforce smart contracts on things like loot sharing or win sharing can automate and measure trustlessness and avoid cheating, manipulations, and fraud by developers.
  6. Cross-Platform Security Many Web3 games feature asset interoperability across platforms. This interoperability is made viable by blockchain, which guarantees ownership is maintained whenever assets transition from one game or marketplace to another, thereby offering protection to players who rely on transfers for security against fraud. Key Security Dangers in Web3 Gaming Although blockchain provides sound first principles of security, the Web3 gaming ecosystem is susceptible to threats. Some of the most serious threats include:
Smart Contract Vulnerabilities: Smart contracts that are poorly written or lack auditing will leave openings for exploitation and thereby result in asset loss. Phishing Attacks: Unintentionally exposing or revealing private keys or signing transactions that are not possible to reverse, under the assumption they were genuine transaction requests. Bridge Hacks: Cross-chain bridges, which allow players to move their assets between their respective blockchains, continually face hacks, requiring vigilance from players and developers. Scams and Rug Pulls: Rug pulls occur when a game project raises money and leaves, leaving player assets worthless. Regulatory Ambiguity: Global regulations remain unclear; risks exist for players and developers alike. While blockchain alone won’t resolve every issue, it remediates the responsibility of the first principles, more so when joined by processes such as auditing, education, and the right governance, which can improve their contribution to the security landscapes in game ecosystems. Real Life Examples of Blockchain Security in Web3 Gaming Axie Infinity (Ronin Hack): The Axie Infinity game and several projects suffered one of the biggest hacks thus far on its Ronin bridge; however, it demonstrated the effectiveness of multi-sig security and the effective utilization of decentralization. The industry benefited through learning and reflection, thus, as projects have implemented changes to reduce the risks of future hacks or misappropriation. Immutable X: This Ethereum scaling solution aims to ensure secure NFT transactions for gaming, allowing players to trade an asset without the burden of exorbitant fees and fears of being a victim of fraud. Enjin: Enjin is providing a trusted infrastructure for Web3 games, offering secure NFT creation and transfer while reiterating that ownership and an asset securely belong to the player. These examples indubitably illustrate that despite challenges to overcome, blockchain remains the foundational layer on which to build more secure Web3 gaming environments. Benefits of Blockchain Security for Players and Developers For Players: Confidence in true ownership of assets Transparency in in-game economies Protection against nefarious trades/scams For Developers: More trust between players and the platform Less reliance on centralized infrastructure Ability to attract wealth and players based on provable fairness By incorporating blockchain security within the mechanics of game design, developers can create and enforce resilient ecosystems where players feel reassured in investing time, money, and ownership within virtual worlds. The Future of Secure Web3 Gaming Ecosystems As the wisdom of blockchain technology and industry knowledge improves, the future for secure Web3 gaming looks bright. New growing trends include: Zero-Knowledge Proofs (ZKPs): A new wave of protocols that enable private transactions and secure smart contracts while managing user privacy with an element of transparency. Decentralized Identity Solutions (DID): Helping players control their identities and decrease account theft risks. AI-Enhanced Security: Identifying irregularities in user interactions by sampling pattern anomalies to avert hacks and fraud by time-stamping critical events. Interoperable Security Standards: Allowing secured and seamless asset transfers across blockchains and games. With these innovations, blockchain will not only secure gaming assets but also enhance the overall trust and longevity of Web3 gaming ecosystems. Conclusion Blockchain is more than a buzzword in Web3; it is the only way to host security, fairness, and transparency. With blockchain, players confirm immutable ownership of digital assets, there is a decentralized infrastructure, and finally, it supports smart contracts to automate code that protects players and developers from the challenges of digital economies. The threats, vulnerabilities, and scams that come from smart contracts still persist, but the industry is maturing with better security practices, cross-chain solutions, and increased formal cryptographic tools. In the coming years, blockchain will remain the base to digital economies and drive Web3 gaming environments that allow players to safely own, trade, and enjoy their digital experiences free from fraud and exploitation. While blockchain and gaming alone entertain, we will usher in an era of secure digital worlds where trust complements innovation. The Role of Blockchain in Building Safer Web3 Gaming Ecosystems was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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