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Coinbase traders can now buy and sell the brand-new native token of a new omni-chain tool focused on artificial intelligence (AI).
The top US crypto exchange rolled out support for Wayfinder (PROMPT) on Thursday, the same day the token launched.
Wayfinder bills itself as an omni-chain tool “providing groundbreaking ways for AI to interact with blockchain environments.”
The project’s whitepaper notes that it will also be used for blockchain-based games.
“Wayfinder is an AI agent framework able to power blockchain-based games, with Parallel Studios’ Colony as an initial game incorporating Wayfinder’s technology, as well as provide generalized on-chain AI capabilities to both developers and non-technical users. Wayfinder’s innovations in enabling AI agents to operate within blockchain environments are achieved via the development of what is being termed ‘wayfinding paths,’ which serve as an instruction set and roadmap for AI agents. This enables them to navigate blockchain environments with the goal of attaining a unique endpoint, such as a particular DEX on XYZ chain, a decentralized marketplace, or a Web3 enabled tool.”
PROMPT is down more than 27% on its first day of trading.
Coinbase listed the asset with an “experimental label,” which the platform uses for tokens that pose certain risks, such as price swings and canceled orders because of lower trading volume and availability.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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