Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon’s co-founder Sandeep Nailwal. <\/p>\n
\u201cYou can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,\u201d Nailwal said during a panel discussion at the LONGITUDE by Cointelegraph event. <\/p>\n
He added that projects with effective onchain incentive structures might even \u201cbuild a better AI because you have this incentive engine that brings in developers,\u201d Nailwal\u00a0said on May 1. <\/p>\n
Cointelegraph\u2019s LONGITUDE is an event series that brings together leaders and innovators from the blockchain and Web3 space for exclusive discussions. <\/p>\n
Joining the panel, Illia Polosukhin, co-founder of the Near Protocol, expanded on crypto’s long-term synergy with AI, forecasting that crypto-native AI agents could replace traditional web application front-ends as the primary user interfaces for Web3.<\/p>\n
“We don\u2019t need applications or websites anymore. Your AI becomes the interface to computing and the internet,\u201d Polosukhin said.<\/p>\n
Sandeep Nailwal and Illia Polosukhin speaking at Cointelegraph’s LONGITUDE in Dubai. Source: Cointelegraph<\/em><\/p>\n Related:\u00a0<\/strong><\/em>AI memecoins will become utility tokens<\/strong><\/em><\/a><\/p>\n However, Nailwal cautioned that the rise of AI-related tokens onchain has also attracted a wave of opportunistic scams. \u201cWe know that 99% of those projects are literally token scams, but very few projects are actually trying to have some meaningful AI project,\u201d he said.\u00a0<\/p>\n AI agents are expected to take on a more prominent role within decentralized communities, J.D. Seraphine, co-founder of Web3 developer Raiinmaker, recently told Cointelegraph<\/a>.\u00a0<\/p>\n According<\/a> to a report by VanEck, over 1 million AI agents could enter the market in 2025, with many of them tied to decentralized finance applications. Such agents are already reshaping the digital economy<\/a>, building decentralized applications, launching tokens, and interacting with humans autonomously.\u00a0<\/p>\n AI token cumulative market cap. Source: <\/em>CoinGecko<\/em><\/a><\/p>\n \u201cAI is an extremely centralizing force. A few companies could become the warlords of the world,\u201d Nailwal said.\u00a0<\/p>\n \u201cThat\u2019s why crypto-native, peer-to-peer AI solutions are so important\u2014they enable privacy-preserving innovation,\u201d Polosukhin said.<\/p>\nThe era of Web3 AI agents<\/h2>\n