Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.\u00a0<\/p>\n
\u201cThis is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other entirely on-chain, without a middleman,\u201d Moonbeam said<\/a> in a statement announcing the Moonbeam Protocol on Friday.\u00a0<\/p>\n \u201cWe believe AI-native on-chain coordination represents a significant long-term opportunity. This transition allows us to focus resources around that direction,\u201d Moonbeam added.<\/p>\n Moonbeam didn\u2019t provide a launch timeline for the Moonbeam Protocol.<\/p>\n Source: <\/em>Moonbeam<\/em><\/a><\/p>\n Agentic development has seen considerable adoption in the crypto industry, with Coinbase CEO Brian Armstrong<\/a> and Circle CEO Jeremy Allaire<\/a> among the executives predicting that AI agents will become the dominant users<\/a> of blockchain-based payments in the coming years.<\/p>\n Coinbase\u2019s x402 payments protocol has been one of the biggest drivers behind that push, while layer 1 blockchains Aptos<\/a> and Near have also rolled out infrastructure to support agent-driven onchain activity.<\/p>\n Adoption in blockchain-based payments space has struggled to take off, however, with data from Artemis showing that only $2 million in trading volume has been facilitated through the x402 protocol<\/a> over the past 30 days.\u00a0<\/p>\n AI agent development is progressing slowly in Big Tech too, with Meta CEO Mark Zuckerberg stating on Thursday that the technology hasn\u2019t accelerated<\/a> the firm\u2019s workflows as quickly as expected.<\/p>\n Several members of the crypto community said Moonbeam’s pivot marked a major setback for the Polkadot ecosystem, with one X user calling<\/a> Moonbeam Polkadot’s “flagship project.”\u00a0<\/p>\n \u201cThat\u2019s a real pain in the ass for Polkadot,\u201d another X user said.<\/a><\/p>\n Moonbeam launched as a Polkadot parachain in January 2022, providing developers the ability to build Ethereum Virtual Machine-compatible applications directly in the Polkadot ecosystem.<\/p>\n Moonbeam (GLMR) holders will need to bridge their tokens from Moonbeam\u2019s Polkadot parachain to Base before July 31, 2026, including GLMR tied in lending markets, staking contracts and other decentralized finance protocols, Moonbeam said.<\/p>\n Related: <\/strong><\/em>Why a \u2018safe\u2019 AI can turn dangerous in the wrong company<\/strong><\/em><\/a>\u00a0<\/strong><\/em><\/p>\n Those holding the token on a centralized exchange won’t need to take any action, Moonbeam said.<\/p>\n Moonbeam said it will continue providing its cross-chain interoperability services on the Polkadot parachain through the transition period and is not abandoning its existing builders or infrastructure providers.<\/p>\n Magazine: <\/strong><\/em>Bitcoin decouples from tech stocks, Ether eyes \u2018selling wave\u2019: Market Moves<\/strong><\/em><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.\u00a0 \u201cThis is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other […]<\/p>\n","protected":false},"author":1,"featured_media":33247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg","fifu_image_alt":"","footnotes":""},"categories":[11990],"tags":[5564,1405,9618,23332,23333,23334],"class_list":["post-33246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-plug","tag-agents","tag-base","tag-build","tag-moonbeam","tag-pivots","tag-polkadot"],"rttpg_featured_image_url":{"full":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",0,0,false],"landscape":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",0,0,false],"portraits":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",0,0,false],"thumbnail":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",150,150,false],"medium":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",300,300,false],"large":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",1024,1024,false],"1536x1536":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",1536,1536,false],"2048x2048":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",2048,2048,false],"post-thumbnail":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",370,265,false],"kava-thumb-s":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",150,85,false],"kava-thumb-s-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",230,230,false],"kava-thumb-m":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",400,400,false],"kava-thumb-m-vertical":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",370,500,false],"kava-thumb-m-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",570,450,false],"kava-thumb-l":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",1170,650,false],"kava-thumb-xl":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",1920,1080,false],"kava-thumb-masonry":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",600,999,false],"kava-thumb-justify":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",640,640,false],"kava-thumb-justify-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/magazine-ai-agents-on-base.jpg",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"CRYPTO PLUG<\/a>","rttpg_excerpt":"Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.\u00a0 \u201cThis is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/33246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=33246"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/33246\/revisions"}],"predecessor-version":[{"id":33248,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/33246\/revisions\/33248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/33247"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=33246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=33246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=33246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Moonbeam pivot a blow to Polkadot<\/h2>\n
Moonbeam users instructed to migrate tokens<\/h2>\n