CrossFi announced the launch of a new protocol, EXE, designed to accelerate AI and web3 innovations. The protocol will be powered by the $EXE token.
EXE Launch and Capabilities
The EXE protocol, introduced by CrossFi, is focused on supporting AI and web3 and is set to launch on February 11. The main goal of EXE is to integrate AI dapps and facilitate cross-chain interactions. Supported by the $EXE token, network participants will be able to leverage decentralized AI services, including GPU compute and autonomous agents.
Technology and Interaction
EXE allows AI developers to register their dapps and define their functionality, using smart contracts for service discovery and payment. Featuring zk-proofs for M2M transactions, the protocol ensures data confidentiality. EXE facilitates dapp interoperability, reducing GPU costs and enhancing agent interactions.
Ecosystem and Future
Launched with an estimated market cap of $100M, EXE aims to strengthen CrossFi's position as a hub for blockchain innovation. The protocol offers DeFi users new opportunities for learning and earning, integrating advanced technologies in a decentralized environment.
With the launch of EXE, CrossFi takes a significant step towards creating an accessible and agent-friendly AI ecosystem integrated with blockchain, opening up new horizons for AI and web3 interactions in decentralized environments.
