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Theoriq has unveiled its Testnet, the first blockchain network designed for AI tools. The firm is a member of the Google Cloud Startup Program, benefiting from the tech giant’s services and infrastructure. Theoriq plans to launch its mainnet later this year and offers grants to developers. They intend for their AI tools to act in collectives, handling more complex tasks than traditional tools across sectors like data analysis and code generation. The company’s CEO views these tools as a significant step in automation, anticipating a significant shift in technology interaction in the “Agentic Age”.

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Theoriq, a company that’s all about decentralizing AI and Internet Version 3.0, gushed about their new Testnet, which was launched on August 8. The new launch marks the first-ever blockchain network specifically made for AI tools – totally self-sufficient systems that pick up and perform certain tasks.

Interesting fact, Theoriq made it into the Google Cloud Startup Program recently. With this membership, they’ve got VIP access to Google Cloud’s unique services and infrastructure, which they’re using to build their platform.

Theoriq’s AI tools are part of a bigger picture, living within a blockchain ecosystem where they can band together as a team to level up their functions and act on multiple fronts at the same time.

Theoriq’s big boss, co-founder and CEO Ron Bodkin, spilled the beans that their mainnet will be launched later this year. But before then, they’ll be using the Testnet phase to work on their Agents (AI tools). He also mentioned that they’ll be disclosing the basic principles of their open-source protocol and doing an in-depth security check. And the cherry on top? They’re offering grants to developers to support innovation on their platform.

According to Bodkin, their AI tools are meant to plan, access data, use different tools, make decisions and take real-world actions to perform their duties. He believes that these AI tools, collaborating in groups called “Collectives,” can tackle increasingly complex tasks and do a better job than the regular, all-purpose tools out there. These AI tools can specialize in a variety of tasks: social data analysis, accessing and querying trading data, code generation, and image creation. They can work in tandem towards a unified goal.

To explain further, Bodkin used the example of decentralized physical infrastructure (DePIN) providers. These providers use these AI tools to interact with smart contracts, control assets, and even make micropayments. In his view, this can give automation a serious boost in Web3 and beyond.

Bodkin is super stoked about this level of agency. He boldly declared that their AI tools are ready to change how we interact with technology, hence hailing the arrival of the “Agentic Age”.

Source: Cointelegraph