Agentic Age: Theoriq Launches Incentivized Testnet for AI Agents and Collectives

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KEY FACT: Theoriq, a decentralized AI and Web3 firm, has launched a testnet for its blockchain-based AI agent network, which is a first-of-its-kind initiative. Theoriq’s autonomous AI agents can collaborate in teams to execute complex tasks across various domains, from analyzing social data to automating Web3 operations. CEO Ron Bodkin revealed that the company’s mainnet will launch later in 2024, including a security audit and developer grants. The project aims to usher in the "Agentic Age," to reshape human-tech interactions with enhanced AI agency.


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Image Source: TheoriqAI


Theoriq Launches Incentivized Testnet for AI Agents and Collectives

Theoriq, an emerging decentralized Web3, and AI technology firm, has launched the testnet of its blockchain-based AI agent network, which is a pioneering effort in autonomous AI-driven solutions. The network allows AI agents to work collaboratively. The agents will perform complex tasks such as analyzing massive datasets and automating decentralized operations in Web3 ecosystems. Theoriq’s initiative signals the dawn of what its CEO Ron Bodkin calls the “Agentic Age,” a new era of human-technology interactions driven by AI autonomy.

These agents function without human input, and the testnet launch opens doors to developers interested in exploring innovative solutions within the decentralized AI space. This testnet is to test and optimize the platform in preparation for the full mainnet slated to happen later in 2024. Thus, the testnet is a community-driven platform where users can help refine AI models by contributing data and feedback. The announcement was conveyed through a blog post and X platform update on October 8.

After a very busy year of discussions, testing, iterations, and fine-tuning, Theoriq is excited to announce the launch of its incentivized testnet. This is a major milestone for the development of our upcoming decentralized network, which will lay the foundations for the Agentic Revolution... Theoriq is the first on-chain multi-agent system, empowering users to build, deploy, and earn through a community-governed AI agent marketplace. Before we fully roll out this platform, we need your help. We invite you to test, give feedback, and co-create the AI Agents and Collectives that will power this revolution. And as we are all in this together, we want to reward you for your efforts. - Source

Theoriq prides itself on being the first on-chain multi-agent system that seeks to empower users to build, deploy, and earn through a community-governed AI agent marketplace. The testnet is considered to be Theoriq’s Proof of Engagement program, where community members are therefore invited to engage with AI agents, provide feedback, and earn rewards, including XP and USDC.


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Image Source: TheoriqAI


Theoriq’s CEO and Co-founder, Ron Bodkin, speaking on the development has stated that the company’s mainnet is scheduled for launch later this year. According to him, the firm will use the Testnet phase to further develop its “Agents.”

“Users can also expect open-source protocol fundamentals and a comprehensive security audit, ... Additionally, we will be offering developer grants to support innovation on the platform.”

Bodkin further added that the company’s Agents are designed to plan, access data, use tools, make decisions, and engage with the real world to carry out specific functions. Bodkin further emphasized that their AI Agents will reshape how humans interact with technology in the Agentic Age. In his words:

“We strongly believe that specialized Agents collaborating in teams, known as Collectives, to tackle increasingly more complex tasks will outperform general-purpose monolithic Agents. These AI Agents can specialize in various tasks or tools such as analyzing social data, querying and accessing trading data, code generation, and image creation, allowing them to Collectively work off each other's outputs towards a unified goal.”

Bodkin hinted that decentralized physical infrastructure (DePIN) providers can use Agents to interact with smart contracts, control assets and make micropayments, which could greatly enhance automation in Web3 and beyond.

Participants are encouraged to sign up, begin their journey with Theoriq's AI agents, and actively contribute to a new frontier of AI collaboration. There is also a promise of rewards and growth in future phases of the development rollout.


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