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Cryptocurrency News Articles

EigenLayer and Cartesi's Development Teams Are Advancing Mainstream Adoption with the Help of AI and Next-Gen DeFi Applications

Feb 01, 2025 at 11:12 pm

With an emphasis on AI and blockchain, Cartesi and EigenLayer are collaborating on a hackathon to build the next major crypto innovation.

EigenLayer and Cartesi's Development Teams Are Advancing Mainstream Adoption with the Help of AI and Next-Gen DeFi Applications

Blockchain protocols EigenLayer and Cartesi are joining forces to create the next major crypto innovation and drive mainstream adoption with the help of AI and next-gen DeFi applications.

The teams are kicking off a project to build the next killer app in crypto, with a focus on driving broader adoption.

Calling on their core teams, the blockchain protocols are aiming to promote the development of transformative decentralized applications (DApps) that will drive greater user engagement.

Over the course of Feb. 10–18, the core developers from both companies will be hosting a private hackathon to develop and evaluate prototype consumer DApps with novel functionalities, according to an official statement.

Cartesi founder Erick de Moura is aiming to expand the design possibilities of Web3 by “bringing real-world computation onchain” in the third Cartesi Experiment Week.

“With EigenLayer, Cartesi’s Linux Coprocessor unlocks groundbreaking possibilities for developers. Experiment Week offers a unique opportunity to showcase practical applications and inspire new builders and founders through this powerful collaboration.”

As the top restaking protocol for Ethereum, EigenLayer has accrued a total value locked (TVL) of over $13.7 billion, according to DefiLlama.

While blockchain infrastructure has grown substantially, developers need to innovate further and create user-friendly interfaces for end users to achieve broader adoption.

In a statement to the press, Coinbase’s senior engineering director Chintan Turakhia highlighted the need to reduce the biggest pain points in crypto onboarding to achieve mass adoption.

EigenLayer’s Nader Dabit pointed out that blockchain’s capability to verify AI could be the breakthrough needed for the technology to achieve mass adoption as the next killer app.

Dabit said:

“AI is powerful — but verifiable AI is transformative. These are systems where the blockchain app isn’t the product; it’s the trust layer making AI reliable enough to redefine how society interacts with tech. Would you trust it with your mortgage or medical results? The trust gap is the critical barrier.”

Read also: FTX creditor claims recovered assets could total $5B, exceeding earlier estimates

Dabit explained that logging key AI decisions — such as medical diagnoses or loan approvals — on an immutable blockchain could ensure the validity of the results, which might be a “game-changer” for both industries.

Despite AI-powered scams running rampant within the crypto industry, AI and blockchain projects that utilized AI garnered significant investor attention in 2024, emerging as a central area of investment for venture capital firms.

“KOLs, traders, and influencers will find themselves outpaced by AI agents capable of precision, 24/7 presence and even being more engaging than their real-life counterparts,” said Ashraf.

“AI agents will provide market insights, execute trades based on real-time data analysis, or influence market sentiment with an efficiency human counterparts can’t match.”

The convergence of AI and blockchain is poised to reshape the future of the crypto ecosystem, with Ashraf adding that this “evolution is going to challenge our notions of trust, control and creativity, creating a less human-centric crypto economy.”

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Other articles published on Feb 02, 2025