Base Is Creating the AI Tools Anyone Can Use to Build Apps, Regardless of Technical Ability

Imagine building an AI agent on Base that can keep track of all of your crypto transactions and automatically take enough profits so you can stay on top of your USD tax liabilities.

Coinbase’s Layer 2 blockchain Base is hosting a hackathon in Bangkok, Thailand, to build AI agents that can autonomously perform crypto transactions. The event, dubbed Every AI Agent Needs a Wallet, is being held at a McDonald’s restaurant near the Seacon Square shopping mall.

Attendees are building agents that can perform a variety of tasks, such as keeping track of crypto transactions, automatically taking profits, and rebalancing crypto portfolios. The agents are being built using Coinbase’s AgentKit, which provides a set of tools and infrastructure to make it easy for people to build and deploy AI agents on Base.

One of the more famous AI agents on Base is the virtual social media influencer and singer Luna, who autonomously started tipping users to engage with her content. Retail users can spin up or monetize an agent via Virtuals Protocol like they’d launch a memecoin on Pump.fun, and when the related token’s market cap hits $213,000 the agent is unleashed on X. Token holders get to participate in decisions about its behavior and development and share in any revenue generated.

It’s early days yet, with Luna’s market cap around $61.2 million. One of the most popular agents on the platform is AIXBT, which analyses crypto X sentiment to pick up on trends. It called memecoin PNUT on Nov. 3, saying it had a “clear path to 100M mcap based on current memecoin dynamics. Entry now before normies catch on.” It was good advice, given PNUT now has a market cap of $1.8 billion.

The Every AI Agent Needs a Wallet hackathon is part of a broader effort by Coinbase to make it easier for people to build and use AI agents in the crypto space. The company believes that AI agents have the potential to revolutionize the way people interact with crypto, making it easier and more efficient to manage their funds and portfolios.