A Comprehensive Understanding of BNBChain's AI Landscape: Analyzing the AI First Business Philosophy

Author: Grapefruit, ChainCatcher

Editor: Nianqing, ChainCatcher

Last week, Binance, the world's largest exchange, launched three AI track tokens on its spot market: AIXBT (Aixbt), CGPT (ChainGPT), and COOKIE (Cookie). Notably, both CGPT and COOKIE originate from the BNBChain ecosystem, prompting the crypto community to shift its focus towards AI projects within the BNBChain ecosystem.

In 2024, BNBChain proposed the strategic vision of "AI First Chain," aiming to integrate AI into every aspect of business decision-making and ecosystem development, striving to make BNBChain an innovative hub for the deep integration of AI and Crypto.

Over the past decade, the internet industry has successfully transformed from "Web First" to "Mobile First," reshaping the lifestyle and consumption habits of a generation. Today, AI, as the fourth industrial revolution in human history, is reshaping the landscape of human society and business with unprecedented power, driving a massive migration from the "Mobile First" era to the "AI-First" era.

Kai-Fu Lee once predicted that the technological revolution brought by AI would be ten times greater than that of mobile internet, and all the apps we know today will be restructured by AI.

Currently, Solana and Base have produced a large number of AI assets, but the AI track is by no means a zero-sum game. As the AI trend becomes clearer, the entire industry is collaborating to promote the deep integration and substantial application of AI in the Crypto field, capturing a potential market valued in trillions.

On this long and wide "snow track," the snow is thick, providing a great opportunity for those patient participants who adhere to long-termism to build a snowball.

Against this backdrop and judgment, the BNBChain "AI First" development philosophy emerges.

The Prototype of the BNBChain AI Ecosystem is Emerging

Currently, the development of the BNBChain AI ecosystem has shown initial results, with over 50 active projects closely related to the AI ecosystem successfully deployed on the chain. These projects cover core aspects such as AI data collection, labeling, storage, decentralized GPU computing power infrastructure, and various specific application areas like AI Agents.

In the recently spotlighted AI Agent field, BNBChain features representative AI Agent Framework products such as MyShell and Revox.

At present, the AI ecosystem matrix on BNB Chain has deeply penetrated and comprehensively covered the key aspects of the AI ecosystem chain—"data, computing power, algorithms," forming a complete closed loop from data input, computing power support to practical applications. This closed loop greatly enhances the collaborative development between products and promotes the common prosperity of the entire ecosystem.

At the infrastructure level, there are Web3 data platforms like Gata and Alaya AI, which provide massive and high-quality training resources for AI models, assisting in continuous optimization and upgrading of the models.

Meanwhile, the decentralized computing power platform NetMind also provides strong support for the training and inference processes of AI models, ensuring computational efficiency and stability.

In terms of practical applications, there are various AI Agents for different scenarios, as well as creative products like Meet48 and NFPrompt.

Representative AI Projects within the BNBChain Ecosystem:

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#### Representative AI Agent Projects:

1. AI Robot Platform MyShell

MyShell has built an AI consumer application layer that connects users, creators, and open-source AI researchers. By providing a complete set of AI Agent robot creation tools, users can easily discover or create various applications or robots based on AI Agent technology, such as voice chatbots, language learning assistants, and image generation tools. It is also one of the selected projects in the 2023 MVB Season 6 incubation program by BNBChain and Binance Labs, completing a $5.6 million seed round financing at a valuation of $57 million in December of the same year.

In March 2024, MyShell announced the completion of a $11 million Pre-A round financing, with investors including Dragonfly, Delphi Digital, and Bankless Ventures. In August, it announced further investment from Binance Labs.

2. AI Agent Infrastructure Platform REVOX

REVOX is dedicated to building the infrastructure for AI Agents, empowering the construction and innovation of decentralized AI applications by providing complete solutions for developers and users in DeFi, AI asset issuance, and AI applications. It launched the Zero Code AI Agent development platform REVOX Studio on BNB Chain, which is a selected project in MVB Season 8.

3. DeAgentAI: AI Agent Creation Platform

DeAgentAI is an innovative decentralized AI Agent network that provides users with a comprehensive solution for building, optimizing, and upgrading AI Agents, enabling users to easily create and deploy personalized AI Agents.

In August 2024, DeAgentAI completed a $6 million seed round financing, attracting participation from several well-known investment institutions, including Web3.com Ventures, Waterdrip Capital, CatcherVC, and Tido Capital.

4. TermiX: AI-Driven Web3 Operating System

TermiX is an AI-driven Web3 operating system designed to simplify users' on-chain operation processes through AI tools. For example, users can create complex trading execution robots using TermiX, which can automatically help them complete complex trading processes by simply inputting buy and sell trading instructions. In August 2023, it won first place in the BNBChain hackathon project.

5. Bad Idea AI (BAD): AI and DAO Fusion Experiment

Bad Idea AI (BAD) is an experimental project exploring the fusion of AI and DAO, aiming to investigate whether AI can share decision-making power with humans, such as whether crypto projects can use AI Agents to manage tokens and make decisions.

At the same time, the Bad Idea AI platform also supports developers in customizing AI Agents, with the AI Agent virtual character SARAH being created based on this platform. SARAH is not only a chatbot but can also be used for voice interviews and more.

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#### AI Infrastructure Services:

1. Decentralized Computing Power Platform NetMind

NetMind is a decentralized AI computing power platform aimed at solving the insufficient computational demand in AI and machine learning by utilizing distributed idle GPU and CPU resources. This project was selected for MVB Season 7.

2. AI Intelligent Tool Platform ChainGPT

ChainGPT is an AI model developed specifically for the Web3, blockchain, and crypto fields, supporting developers in creating AI tools for smart contract generation, NFT creation, crypto trading models, and on-chain data analysis. It has successfully been included in the Binance Alpha third phase project list. The token CGPT is now listed on Binance's spot trading platform.

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#### Representative AI Application Products

1. AI Content Creation Platform NFPrompt (NFP)

NFPrompt (NFP) is an AI-driven NFT content generation platform that provides creators with AI content creation work for images, videos, pfp, music, etc. Users can easily create stunning works through prompts and generate NFTs for ownership confirmation with one click. This project was selected for the MVB Season 6 incubation program in September 2023, and the token NFP was launched on Binance, with an announcement of investment from Binance Labs in March 2024.

2. AI-Driven Virtual Idol Meet48

Meet48 is an AI-driven virtual idol fan economy metaverse social platform that integrates multiple product matrices, including virtual idols, gaming, and AIGC content generation. Among them, the developed AIShowBox is a suite of AI virtual character production tools that allows users to easily create their own virtual idol images and engage in UGC virtual performance creation. In the future, it will launch idol AI Agents and enable live streaming tipping features.

In October 2024, Meet48 was selected for the MVB Season 8 accelerator program.

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#### AI Data Related

1. Decentralized AI Data Platform Gata

Gata (formerly Aggregata) aims to become a one-stop platform that integrates various functions such as decentralized AI data acquisition, labeling, storage, and trading. This project was selected for MVB Season 7 accelerator and announced investment from Binance Labs in August.

2. Modular AI Data Network Din

DIN (formerly Web3Go) is a modular AI data processing layer designed to establish a data intelligence network based on the collaboration of people, data, and AI, allowing everyone to process data for AI and earn rewards. As of now, DIN has raised a total of $8 million, completing a $4 million seed round financing led by Binance Labs in July 2023, followed by another $4 million Pre-listing financing in August 2024, with participation from Manta, Moonbeam, Ankr, Maxx Capital, and others.

3. AI Data Labeling System in Gaming GamerBoom

GamerBoom is a decentralized gamified social platform dedicated to bringing Web2 into Web3 through gamified design. The platform provides an AI-driven data labeling system that can assetize player data, achievements, and time experiences in games, providing solutions for trading game data. This project was selected for the MVB Season 8 accelerator program.

4. AI-Driven 3D Space Jojoworld

Jojoworld is an AI-driven 3D data space that allows users to automatically generate 3D models from text data and use virtual avatars in a 3D world to build ideal spaces and lives. At the same time, this project is also a 3D data provider, supporting AI model training, and has now been selected for the NVIDIA accelerator program.

5. Decentralized AI Data Labeling Platform Alaya AI

Alaya AI has created a decentralized AI data labeling and reward issuance system using Web3 technology, opening up an innovative "Label to Earn" model for data labeling. It is a selected project in the MVB Season 8 accelerator program, and in April of last year, Alaya AI announced investment from Tido Capital, with the specific investment amount undisclosed.

6. Decentralized AI Data Platform Cookie.Dao

Cookie.Dao (COOKIE) is the infrastructure that provides real-time data for AI Agents. Its developed Cookie.fun is the largest AI Agent asset index, allowing users to query metrics such as FDV, MCAP, asset prices, liquidity pools, and trading volumes for AI Agent projects. On January 10, 2025, COOKIE was launched on Binance's spot trading platform.

From the above examples, it can be seen that early projects on BNBChain are linked with the broader BNB ecosystem.

BNBChain's AI-First New Business Philosophy

Currently, the AI ecosystem landscape shows that BNBChain's advocacy for "AI-First" is by no means an empty technical slogan. This underlying philosophy subtly guides and reshapes the paths of business decision-making and industry development directions. The aesthetic of the BNB ecosystem favors projects with practical application scenarios and a commitment to long-termism.

Through the collaboration between BNBChain and other participants in the BNB ecosystem, the determination to bet on AI has long been in motion.

In August 2024, Max Coniglio, the investment director of Binance Labs, publicly stated its recent strategy: to promote the development of AI-driven decentralized applications (DApps) and has continuously invested in decentralized AI networks like Sahara AI and AI robot platforms like MyShell within the BNBChain ecosystem.

In a recent interview, Binance co-founder He Yi expressed that the development of AI and crypto integration is sparking a productivity revolution, with its impact far exceeding imagination. Blockchain technology primarily changes labor relations and profit distribution models, while AI is a revolutionary technology that directly enhances user productivity. Binance will focus on projects related to crypto AI.

Relying on the "AI-First strategic positioning," BNBChain will continue to empower AI developers, startups, and enterprises. Whether they are exploring the integration of AI elements and scenarios from the inception of their establishment or focusing on advancing infrastructure projects for AI track development, they can co-build a robust AI ecosystem with BNBChain.

The Infrastructure of the "One BNB" Multi-Chain Strategy

Compared to other public chains, BNBChain has an inherent architectural advantage in AI.

Relying on the "One BNB" multi-chain strategy, BNB Chain has integrated multi-chain technologies such as BSC (Smart Chain), opBNB, and the storage chain Greenfield, building a comprehensive and powerful infrastructure system for AI developers.

In particular, BNB Greenfield, as a decentralized storage network within the BNBChain ecosystem, addresses economic issues related to data ownership, privacy, storage, and reuse for AI data. It grants individuals and enterprises complete control over their data and supports them in monetizing their data for profit.

BNB Greenfield provides a set of data management solutions for acquiring, privately training, and storing AI data, allowing developers to build various types of AI data processing products, such as decentralized AI data labeling and decentralized LLM training that protects data privacy. This enables developers to easily access and utilize diverse datasets, providing a rich resource library for data training and optimization in AI applications.

Binance founder Changpeng Zhao (CZ) has stated on social media that tasks like AI data labeling are very suitable for completion through blockchain, and BNB Greenfield provides storage support.

In terms of technical architecture, BNB Chain integrates BNB Smart Chain, opBNB, and BNB Greenfield to establish a framework for building a comprehensive AI-first blockchain ecosystem.

Comprehensive Resource Support and Ecosystem Composability

BNBChain not only provides a complete infrastructure and supporting tools for AI development but also has a comprehensive resource support system that fully assists the development of ecosystem projects. This system covers every aspect from project concept incubation, product development, investment introduction to exchange listing, forming a closed-loop support process.

Since the launch of hackathon activities in 2024, over 20 outstanding projects have been awarded a total of more than $2 million in prizes; BIA (BNB Incubation Alliance) provides early projects with opportunities to connect with multiple capital sources; the MVB (Most Valuable Developer) accelerator program paves a path to success for early Web3 developers through business school guidance and fast track.

According to data from the past seven seasons of MVB, nearly 60% of selected projects successfully attracted attention and investment from multiple capital sources, including Binance Labs, with five projects landing on the Binance Launchpool platform. Currently, applications for MVB Season 9 are open, focusing on the AI track, including AI Agents, AI gaming, data labeling, data DAOs, and various sub-sectors.

In terms of marketing support, initiatives like TVL, DAU, and meme airdrop competition incentive programs have effectively helped projects launch. Recently, BNB ecosystem projects have been key observation targets for Binance Alpha, with multiple projects listed in the Binance wallet alpha zone.

Moreover, BNBChain's multi-chain strategy opens up a new imaginative space for interoperability, composability, and co-evolution among ecosystems. Existing Web3 applications within the ecosystem, such as the advantageous sectors of DeFi and Gaming, can seamlessly integrate AI tools, giving rise to various possibilities like DEFAI and AI Gaming. At the same time, AI tool products like Paal AI, ChainGPT, and Cookie3 provide diverse AI-driven tools for the ecosystem, covering crypto market information analysis, trading bots, token auditing tools, and more.

Building New Infrastructure for Human Paradigm Shift, Boosting the New Wave of Crypto AI

For a crypto AI project to stand out in competition, the key lies in the synergistic efforts of "community support, financial assurance, and technological innovation." In the early stages of a project, the stability of ecosystem liquidity and user base, as well as the ability to obtain resources and technical guidance and support within the ecosystem, are crucial for project growth.

BNBChain's existing large user base, along with multi-dimensional support in incubation, investment, and technical assistance, can better facilitate the transition of AI from conceptualization to practical application. Notably, the DeFi applications within the BNBChain ecosystem are very mature, providing strong guarantees for the exploration of DEFAI-type intelligent bodies or the later listing and circulation of AI assets.

Looking back at the recently concluded year of 2024, the BNB ecosystem has shown strong growth. The "One BNB" multi-chain framework continues to improve, providing one-stop solutions for the layout, expansion, and storage challenges of Web3 DApps.

In terms of ecosystem data, the BSC network's TVL has significantly increased from $3.5 billion at the beginning of the year to $5.5 billion by the end of the year, with an annual growth rate of 58.2%. Its TVL has consistently ranked in the Top 5 among the 342 chains recorded by DeFiLlama.

According to DeFiLlama data, as of January 13, 2025, the TVL of the BSC network is approximately $5.9 billion, with the circulating stablecoin market cap around $6.91 billion, accounting for 3.34% of the entire stablecoin market share, ranking third among all blockchain networks, with Ethereum and Tron in the top two positions.

From the initial DeFi wave to the explosive growth of the gaming ecosystem, and now to the current AI wave, what BNB Chain is doing is providing services to users and developers with a long-term perspective.

Now, the AI First BNB Chain aims to promote new infrastructure for human paradigm shifts, fully supporting a new wave in the crypto AI field. All actions consistently point in one direction—"attracting the next billion users into Web3."