

Jansen Teng: Inside Virtuals’ Meteoric Rise, The Race to Billion-Dollar Crypto-AI Agents and life after AGI
Jan 10, 2025
Jansen Teng, CEO and co-founder of Virtuals, a trailblazing crypto AI platform, discusses the evolution of AI agents and the future of decentralized AI. He shares insights into the development of autonomous agents and their role in tokenization. The conversation explores the synergy between crypto and AI, revealing how these agents operate in a permissionless economy. Teng also delves into the complexities of blockchain choices and the integration of AI with human progress in technology, highlighting the challenges and opportunities ahead.
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Virtuals' Origin Story
- Virtuals began as a gaming DAO, allocating capital across blockchain gaming.
- It pivoted to a venture studio, hiring founders to build at the intersection of consumer apps, crypto, and gaming.
Tokenizing Agent Productivity
- Observing that AI agents were generating revenue in Web2, Jansen Teng realized their potential as productive assets.
- This led to the idea of tokenizing agents, allowing people to share in their economic upside.
Crypto's Advantage for AI Agents
- Crypto enables agents to control wallets permissionlessly, participating in a permissionless economy.
- This advantage over Web2 agents, who will never control bank accounts, lets them exert influence.