Move over Siri and Alexa, there's a new generation of AI agents coming to town, and they're built on the blockchain! A groundbreaking project called GriffinAI, launched in Switzerland, is on a mission to revolutionize AI by integrating it with secure, decentralized networks.

A Team of Heavyweights Leading the Charge

Spearheaded by crypto veteran Oliver Feldmeier, the GriffinAI team boasts a powerful combination of blockchain and machine learning expertise. Feldmeier himself is a pioneer in the crypto space, having built the first fully-regulated digital asset platform in Switzerland back in 2017.

Why Blockchain for AI?

"Today's AI agents are limited," says Feldmeier. "GriffinAI changes the game by integrating them into blockchain networks." Imagine an AI that's not just smarter (thanks to advancements in large language models) but also more independent and capable. On GriffinAI, each AI agent gets its own digital ID and wallet, allowing it to handle complex tasks – like an AI investment analyst buying research reports all by itself!

Permissionless Power with Built-in Safeguards

GriffinAI operates on a "permissionless" network, meaning anyone can develop and sell their AI agents. This opens doors for innovation, but also potential risks. To combat malicious applications, GriffinAI uses on-chain IDs and third-party verification to establish trust. Additionally, anyone can run a node and build their reputation within the network.

The Foundation for a Decentralized Future

To ensure long-term success, GriffinAI is built on a solid legal foundation. Established as a non-profit foundation in Liechtenstein, it seamlessly connects with a Decentralized Autonomous Organization (DAO) structure, ensuring regulatory compliance as they prepare to launch their own token later this year.

First Stop: Transforming DeFi

The GriffinAI team is kicking things off by tackling a major pain point in crypto – DeFi investing. They're building three specialized AI agents: a research analyst, a transaction manager, and a risk manager. The research analyst agent, already launched as ELANN.AI, gathers and analyzes news, delivering AI-powered summaries so you can spend less time researching and more time making informed decisions.

Going Global with AI

GriffinAI isn't stopping there. They've already released a Korean version of ELANN.AI, partnering with Korea's second-largest exchange, Bithumb. This integration allows users to access ELANN.AI directly through their Burrito wallet.

The Future of AI is Decentralized

With their mainnet launch on the horizon, GriffinAI is poised to unleash a new era of intelligent AI agents. These powerful tools will be transaction-enabled and easily integrated into any decentralized application (dApp), opening a world of possibilities for the future of finance and beyond. Keep an eye out for the upcoming technical whitepaper on May 15th – it's a glimpse into the future of AI, powered by the blockchain.