Franklin Templeton considers AI agents “interesting” as iDEGEN raises $5m
The AI agents market has garnered the focus of global asset management Franklin Templeton, and iDEGEN is proceeding rapidly through its launch, having raised over $5 million.
AI agents are receiving increased attention as a result of the recent surge in the ai16z token and the significant rally that accompanied the viral Goateus Maximus (GOAT) of the Terminal of Truths. AI agents are “curious,” as stated in a post by Franklin Templeton.
Messari, a crypto and analytics firm, also maintains this perspective regarding AI agents. The next phase of trending cryptocurrencies is AI agents, if you are uncertain about the chatter. AI agents are the new crypto chatter, following the dominance of AI meme coins earlier in the year.
The crypto market’s most prominent segment in crypto AI is autonomous and powerful agents. Messari and Franklin Templeton are not the only entities that are indicating a potential explosion in this sector. The number of AI agents on top chains is currently increasing.
Nevertheless, the new initiative iDEGEN continues to garner attention as keen early adopters continue to register.
iDEGEN, an artificial intelligence initiative, has successfully raised over $5.1 million and sold over 1 billion IDGN tokens in just over two weeks. This appears to be a significant statement from crypto and AI token enthusiasts in terms of investment opportunities.
At the time of writing, the price of IDGN has increased from $0.00011 to $0.0164, representing a 14,800% increase since the pre-market sale began.
The significant interest in iDEGEN’s presale is due to its distinctive AI approach. This is an entirely new endeavor that aims to thrive in the turmoil of crypto Twitter, rather than an AI-powered platform. Out will be a sentient AI agent that consumes each tweet and mention on X. It is degenerate and does not include training guardrails; it adapts, learns, and posts every hour.
The adaptive auction, which enables purchasers to acquire coins with three potential price settings in five-minute intervals, is fostering the development of a robust community around this coin. The price of IDGN either remains constant, increases by 5%, or decreases, contingent upon the dynamic price mechanism.
The auction sale will conclude on January 1, 2025, when iDEGEN enters the new era of AI agents and affiliated meme currencies by listing on trading platforms. Investors who may have overlooked GOAT, Virtual, or ai16z may find iDEGEN intriguing.
Also Read: The Bank of England requires firms to disclose crypto asset holdings by March 2025