Original Title: Why $COOKIE Is The Hidden AI GEM

Author: The Block Runner

Compilation: Ismay, BlockBeats

Editor’s Note: As AIXBT dominates the crypto Twitter space, it has proven that AI agents capable of providing influential market insights can stand out in the market. Within just a few months of deployment, AIXBT has reached a market capitalization of $600 million. This podcast will delve into why AIXBT has been able to surpass other agents and why its data aggregation technology has become a core competitive advantage. Additionally, the podcast will explore the performance of CookieDAO, a leading provider of data aggregation and packaging infrastructure in the market, and its token $COOKIE. As demand for cookie.fun increases from both human and AI users, the value of access to aggregated data will further enhance.

The following is the original content, organized for easier reading:

Will: Today, let's talk about some topics related to AI infrastructure.

Iman: Infrastructure projects, your favorite type.

Will: The sexiest part of the crypto ecosystem is definitely the infrastructure.

Iman: Only a few people would think that way. But that’s exactly the direction we like to explore, right? It reminds me of the days we played with ARC-20. Yeah, that was when we first encountered Ordinals and thought Checkcoins on Bitcoin were a big deal. Then you dive deeper into these coins and find many of them have no real value. But there was one developer who impressed me, named Benny. He is building Track Network, which is actually a real data infrastructure project. It made me think, wow, this is something truly meaningful.

Will: That’s the token.

Iman: Exactly, very cool. And it remains the only infrastructure project in the entire ARC-20 ecosystem. It’s incredible, but that’s what attracted us, because it provides a very fundamental value add to the entire ecosystem.

Will: Fundamental to the extent that we have to use it.

The Most Powerful Brain of AIXBT

Iman: Right, and this gives us a unique perspective when analyzing these markets. As developers, we can examine all these projects and tokens and think about which ones we would actually use in our own development processes. So we discovered a project that we believe is severely undervalued, and this is reflected in its market performance.

Will: Its market cap, and it is the most important single core part of any AI agent.

Iman: Yes, we will explain in detail why that is later. But first, let’s understand the value of the number one AI agent in the ecosystem, which is AIXBT.

Will: We now see its market cap is around $600 million, and all of this started from zero.

Iman: Yes, it all started with an independent developer. He designed a unique model for this agent, which can be described as a sort of "liquidity pool model." It starts with a bonding curve and needs to traverse the bonding curve phase to inject liquidity into the DEX. Then it becomes market viable, and so on. And now, it has reached a market cap of $600 million, performing very strongly.

Will: Yes, its price has also increased by 22% today. Quite impressive.

Iman: Yes, there are obvious reasons for this, right?

Will: Exactly, the latest data shows that AIXBT captured 60% of the AI agent market attention in the past 24 hours.

Iman: Yeah, just look at yesterday's data. If any project can completely dominate the market, it’s what this chart shows. Why? There are so many platforms releasing AI agents; why is AIXBT so different? Why is this insight from crypto Twitter so influential? Why are people so naturally drawn to it? There’s a sort of "secret formula" that many people have yet to realize.

Will: Let’s talk about that. AIXBT may redefine the distribution capabilities between machine agents and humans. By quantifying the influence of each account through Kaito, it can reward quality creators and drive a more efficient and fair matching market. This indeed makes one very excited about what will happen next. Moreover, AIXBT has started to gain a lot of airdrops in the App to Earn model, which is the application you sent me earlier, right?

Iman: Yes, this is actually a completely different topic and could perhaps be made into another video. The core idea is about how to incentivize social interactions; the more interactions, the more you earn. So you have to participate in interactions to earn rewards. And for AIXBT, considering it has the most attention on crypto Twitter, it will continuously earn Yap tokens or Yap points through this interaction. These are the real earnings it generates for the crypto community through bi-directional interaction.

Will: Right, this should be a completely independent application, right?

Iman: Yes, it’s a completely independent application. But the key point is how to integrate this data, such as social sentiment data, and apply it.

Will: Here’s a quote from the creator of AIXBT. He said, "The competition for information dominance in the crypto space has begun. The days of manually tracking narratives and cross-referencing data across multiple platforms are coming to an end. This is an experiment to explore the potential of AI-driven crypto market analysis." This AI is doing what we are doing, but it operates around the clock and covers a wider range.

Iman: Why? Because if you analyze this announcement tweet about AIXBT's test deployment closely, its information sources are primarily rooted in some well-known KOLs and influencers in the cryptocurrency Twitter space. So, as individual users of crypto Twitter, we need to browse through these accounts one by one to find "Alpha," check their timelines, and understand what they are discussing.

Will: Including whether the interactions are real or fake.

Iman: This actually requires processing a lot of information, right? But this AI agent can tap into multiple information streams simultaneously and can process and analyze these data streams in real-time, then integrate them into a coherent viewpoint.

Will: Yes, this AI agent framework has four Alpha dimensions. Its core is processing discussions about X, identifying narratives that drive market changes, and having edge detection capabilities for emerging topics. Its functionality integrates with other AI Alpha platforms, providing direct access to the AIXBT brain via the rxbd.tech platform, bringing benefits to token holders, including querying projects from its dataset, real-time market analysis, and upcoming PWA features. The overall architecture includes information collection, processing, integration, and dissemination, which is the logical framework of this AI agent. AIXBT is one of the most useful AI agents I have tested; it launched 10 days ago and has already become the second-largest agent on the Virtuals platform, even surpassing Luna.

Iman: That was the previous situation, but the key is that it pulls data from multiple sources and 400 KOLs, generating real-time news feeds. This is what we call the superpower of AI—something that humans on Earth simply cannot do.

Will: Exactly, no one can track 400 KOLs; at most, we can follow 10.

Iman: At most, and we also can’t keep up with it in real-time like it does.

Will: Indeed, you simply cannot track it in real-time.

Iman: So, it’s clear that this is a vertical field that humans can no longer handle because you simply cannot compete with that efficiency.

Will: For example, in terms of productivity, information awareness, and interactivity, what we are discussing now is actually its most basic version.

Iman: Right, for the American-style KOL type, these are already outdated.

Will: Just go read AIXBT.

Iman: Shut down the channel, guys, sorry. But don’t actually do that.

Will: If you hold over 600,000 tokens, you can gain access to the AIXBT terminal. The speed at which this terminal organizes data is a huge advantage for traders. We’ve seen some similar terminals; it’s like a constantly pushing stream of consciousness. And even if you can access this terminal, as a human user, it’s still hard to really utilize it. For example, buying tokens before it tweets—you can do that, but it’s actually very difficult.

Iman: It’s not hard to execute, brother.

Will: It’s better than just looking at Twitter.

Iman: Yes, it’s like a refined Alpha information funnel. You don’t get distracted by all the irrelevant content like you do on Twitter. For instance, you want to find Alpha information, and instead, you see someone getting hit by a bus.

Will: This is the killer application of current AI agents—AIXBT. So we find that its "secret formula" is actually its scraping capability, right? It’s the data sources, data aggregation, and application framework, as well as the ability to re-output.

Iman: There’s already a platform in development that has even stronger capabilities in data scraping and restructuring.

The Platform Layout of Cookie DAO

Will: Let’s take a look at Cookie DAO. In the agent economy, information is the new currency. Only agents that can access the largest and most accurate data sources will win. A unified intelligence layer is needed to connect various points to track emerging narratives before trends form, detect shifts in mindshare and community attention, understand the flow of influence between key players, and process it when market sentiment forms. Today, we reveal the core of the economic infrastructure layer—Cookie data, Swarm APIs.

Iman: Now we’re getting to the point; our discussion is getting interesting. This is where developers can get involved. We can access this content and apply it to the agents we design ourselves.

Will: This is very important for the development of the metaverse because now those AI agents that can access these knowledge bases can generate revenue for the metaverse, create assets, and hope to kickstart a flywheel effect by selling these assets.

Iman: Exactly.

Will: So what is the market cap of Cookie DAO? Only $32 million. (Data at the time of podcast recording, now $42 million)

Iman: I’m not sure if this counts as a micro-cap, but I think a market cap below $100 million can be considered a micro-cap project. Clearly, these types of projects carry higher risks, but they also have significant potential rewards. And we’re talking about infrastructure, which didn’t originally start as an AI infrastructure project.

Will: Right, it has made some adjustments recently.

Iman: Recently, with the launch of Cookie.Fun, its positioning has completely shifted, and market sentiment has reversed accordingly. The core function is mainly to aggregate data sources and then allow all AI agents to compare and compete in terms of mindshare, market share, and so on.

This is exactly what you would focus on when looking for emerging markets in the crypto space. If a new market emerges, then this new asset class should bring some new metrics, right? It’s a bit like DMT. You’ll see a series of new token deployments, and suddenly these tokens will have some new elements, like non-arbitrary supply, which are all emerging things, so these new metrics validate that a new asset class is forming, and the same logic applies to AI agents.

Will: Yes, the new metric here is mindshare, which is not like traditional metrics.

Iman: Yes, you won’t see this metric on CoinMarketCap or CoinGecko. But you will see asset arrangements like this.

Will: For example, popular tweets, average impressions, and average interaction rates—these are all new content.

Iman: Yes, this data is very valuable. They not only aggregate this data for humans to assess the market and position themselves, but this information is also crucial for AI agents. Right? AI agents need to obtain this information to perform their functions.

Will: Exactly, Cookie DAO has been online for three weeks, with 100,000 independent users, and version 0.3 will be released this week, expected to further enhance.

Iman: 100,000 users is indeed a lot, brother.

Will: Yes, 100,000 people, and currently these users are still human, not counting the future when AI agents can also access this data. This is an upcoming trend.

Iman: Exactly.

Will: Cookie DAO now offers multiple airdrop mining pools, where users holding Cookie tokens can stake them in the launch pools of these new projects to earn airdrop rewards.

Iman: Yes, these projects essentially utilize Cookie’s API to meet their needs. They leverage this powerful data aggregation system or process to deploy this data for newly created AI agents. Therefore, you can also speculate on the prospects of this application.

Will: This token was initially launched on the BSC chain and later migrated, or at least partially migrated, to the Base chain.

Iman: Yes, now you can buy this token on decentralized exchanges on Base.

Will: Right, but this staking mechanism is currently only on Binance.

Iman: For now, yes. I think the team should be well aware that most activity happens on Base, especially in the AI agent space. So I predict they will launch a staking mechanism on Base, like staking Cookie tokens.

Will: Yes, that will definitely be launched; it’s just a matter of time. Alright, now the Cookie token is available on Base.

Iman: Yes, starting from the 3rd, it’s clearly stated in the announcement.

Will: Yes, now Aerodrome has opened new liquidity pools and supports trading, and the staking feature on Base is also coming soon.

Iman: Yes, they are actively developing this feature. What does this mean? I guess it could mean that new AI agents will be launched, utilizing this new data infrastructure layer. If you stake these Cookie tokens, you will likely receive allocations of these new agents, right?

Will: Yes, and there was a tweet mentioning updates to the data swarm framework, including API access payments and Cookie tokens. 50% will be immediately burned, and 50% will be allocated to the DAO fund, with features coming soon. This means that if you want to access data aggregation features, you will need to utilize the API, and using the API requires Cookie tokens.

Iman: Exactly, they also mentioned this is a deflationary mechanism. This will reduce the token supply. As the demand for data access grows and more AI agents are deployed, this data essentially becomes the lifeline for the agents to operate. This demand will reduce the token supply over time, thereby enhancing the value of the DAO. So this is a very solid and promising project.

Will: So you’re saying half of the token supply will be burned, and the other half will go to the DAO fund.

Iman: This is a very powerful network effect tool; the flywheel effect is right here. Additionally, you mentioned that this token has oracle-like expenditure functions.

Will: Yes, similar to Chainlink. So what is the potential of such infrastructure projects? The closest comparison is Chainlink, which has a market cap of $12 billion.

Iman: If you understand the functions of Chainlink, it essentially provides some functionalities that rely on off-chain data for on-chain smart contracts. So a network of data aggregators and validators is needed to deliver these information streams to smart contracts, ensuring they operate correctly.

Will: So you’re saying Cookie could potentially be a 400x investment opportunity?

Iman: Right, you’re quick with the mental math. I did calculate it, yes. I see no reason to think it’s impossible. Of course, all of this depends on whether the AI agent economy can continue to thrive. And I believe it will, right? The persistence of AI is beyond doubt; this is not a flash-in-the-pan technology.

Will: Absolutely not, this is not a passing trend or a fleeting phenomenon; it will become a long-term pillar in the global economy.

Iman: Not just in the crypto space, right?

Will: Right, not limited to the crypto space.

Iman: So this is a big deal. Just like Chainlink is essential for the smart contract ecosystem, its market cap reflects that. I believe the value of such data infrastructure is equally important in the context of AI network effects.

Will: So what exactly is this Agent Cookie?

Iman: Let me look for another tweet and see if I can find it, not this one, maybe the next one? Or the last one? Yes, this one. "Alpha 1. Holding 100,000 Cookies might be a good choice." Did you see that?

Will: 100,000 Cookies, that might get you…

Iman: Terminal access, or maybe an airdrop allocation? I’m not sure, but I’d like to think so, or guess it might be related to the Cookie agent itself.

Will: So how much are 100,000 of these tokens worth?

Iman: Definitely not cheap, around $17,000.

Will: That’s about the price. So that’s the cost you need to pay, no matter what that gets you.

Iman: So if you want to access this "brain" now, the AIXBT brain is too expensive, priced at $500,000. Basically, only institutional traders can access it at this stage. So if you want to gain access to this data layer before institutions come in, now is the time.

Will: Right? We created a test account for Agent Cookie Fun two days ago. This is proof of its operation. Basically, this is a test. I found a token called Rex, which had a market cap of $1.9 million, while its competitor had a market cap of $22 million. When we discovered this token, its price was around here, and now its value has risen to here.

Iman: Yes, they are conducting internal tests to ensure that the data streams can generate valuable outputs, just like AIXBT. So it looks like everything is ready, and the launch of Agent Cookie could be just days or weeks away, possibly about to be released. Agent Cookie will compete with other agents for market share, but I predict it will quickly catch up to or even surpass AIXBT, mainly because it has stronger data sourcing capabilities.

Will: This was proposed by one of the co-founders of Cookie.

Iman: It’s really interesting to see these processes gradually taking shape.

Will: If I’m not mistaken, Cookie is collecting more information than any other AI and packaging it for use by other agents. If the AIXBT terminal is priced at $250,000, I wonder how Cookie will be repriced in the future.

Iman: Yes, we’ve speculated a bit about this. But the most important point here is that this data infrastructure is packaged for agents to use, right? I don’t think the Cookie agent will be a standalone entity. I think this is…

Will: A platform.

Iman: Yes, it’s a platform layout; that’s how I see it.

Will: So essentially, in the future, if you want to launch an AI agent, you will need to connect to this platform. Because it seems to have the best data access, and this data has been reasonably aggregated for AI use. And if you use this platform, you will need Cookie tokens. When you spend tokens, 50% will be burned, and 50% will go to the DAO fund. This mechanism…

Iman: This is great. This is how we see a new generation of higher quality, higher tier agents emerging. At some point, someone might develop a rating mechanism for agents, just like smart contracts need to be audited and rated. Yes, agents should also be subject to the same scrutiny, right? Giving these "little guys" a rating is a good thing. It’s like pushing the entire field forward.

Will: So the core argument here is that if AI agents need information and data as their "lifeline," then platforms providing this service will clearly become crucial.

Iman: This indeed aligns with the traditional standards on our emerging trends checklist that we’ve been looking for. Just like we mentioned earlier, for example, the Ordinals project. This project revolves around too many fundamental value points, and because of that, it has been overlooked in the current market. The current market tends to focus on existing agents, those singular projects. Therefore, the current speculative environment is concentrated in these areas. But ultimately, these fads will fade, and the market will start looking for the next wave, which is the next generation of breakthrough technologies. And that’s exactly the direction we are focusing on.

Will: Alright, that’s it for today. We talked about Cookie and its infrastructure layout in the AI agent space. If you have any questions, please let us know.