With a market value of nearly 300 million dollars, will you take a bite of the "AI Metaverse" pie?

Author: Pzai, Foresight News

With the development of the AI Agent track, various platforms are rapidly capturing market attention and liquidity. Against this backdrop, the AVA token and its underlying Holoworld AI ecosystem have emerged, quickly becoming a prominent project on the Solana chain due to its innovations in the multimodal AI Agent field and cross-platform compatibility. As of the time of publication, AVA is priced at $0.285, with a total market capitalization reaching $280 million. Despite the theft of Holoworld's official Twitter account on January 10, Holoworld successfully launched the Agent Market as scheduled, providing users with no-code tools to create AI Agents, significantly lowering the technical barrier. This article will delve into the AVA and Holoworld ecosystem and explore its potential and challenges for future development.

What is Holoworld AI

Holoworld AI, formerly known as Hologram, is a virtual human protocol that collaborates with online communities to help them create unique digital identities in the virtual world while retaining ownership of their IP. The project secured seed funding led by Polychain in July 2022. Founder Tong Lin previously interned in software development at Amazon, later becoming a product engineer at 0x and joining the venture capital firm South Park Commons. Subsequently, the project launched Holoworld AI as a Web3 AI + 3D entertainment social network, using AI to interact with users and create virtual characters and Agents that users love, similar to Virtual Protocol. However, Holoworld AI's metaverse technology advantages allow it to create better "personas" for AI Agents and diversify interaction types.

As one of its main products, Holoworld AI recently launched the Agent Market, which includes features such as one-click personality templates, drag-and-drop knowledge bases (RAG), voice selection, storybook systems, 3D avatar and wearables creators, and private AI chat functions. Benefiting from previous experience in metaverse construction, Holoworld AI has created greater accessibility for Agents, leading to many interesting attempts. Among its previous collaborators are industry participants such as Virtuals Protocol, ACT, and Wintermute, indicating its strong growth potential.

Some Interesting Attempts

Spore.fun

Compared to other AI Agents, Spore is built on the Phala Network and has established a TEE environment, introducing an internal evolution mechanism that includes creating wealth through Solana-based tokens, passing on successful traits, and self-destruction if a valuation of $500,000 is not maintained. Holoworld AI founder Tong Lin directly defines it as "an incubator for AI civilization," where this civilization is entirely bred and grown by AI Agents themselves, and the protocol's first token, SPORE, has already reached a market cap of $27.7 million. The term "Spore" in English refers to a reproductive cell that can develop into a new individual after detaching from its parent, and similarly, Spore aims to create a different civilization-like progress for AI Agents through such breeding.

Digimon

Digimon aims to create an AI-native gaming framework to build the next generation of AI-native games and multi-agent multiplayer game infrastructure. The Digimon Engine is similar to the Unreal Engine for AI games. The project's goal is to create an AI Agent framework to construct a "Westworld-like" environment. Unlike other game-type frameworks, Digimon seeks to build a more AI Native framework and metaverse interaction paradigm based on multiple agents. Among them, DAMN (Decentralized Agent "Monster" Network) is a multi-agent collaborative network developed by Digimon, achieving "on-chain Pokémon for the AI era." The project has already opened a waitlist, and its project token has reached a market cap of $33 million.

AVA

As the core Agent token within Holoworld AI, AVA has generated many effects within the protocol, such as allowing early AVA stakers in the Launchpool to receive exclusive token allocations in the project. Additionally, AVA has a certain destruction mechanism (for example, ACT destroyed $10,000 worth of AVA on January 12 to utilize the underlying functions of Holoworld AI), which lends some endorsement to its value. For Holoworld, AVA itself is equivalent to the LUNA of Virtual, serving as a benchmark, while Holoworld's multi-agent interactions may create more complex and diverse scenarios and use cases for AVA in the future, potentially becoming a leader in a certain cyber civilization.