The winds of AI Agents are now blowing toward the Base ecosystem, and projects in the same track on Solana are going through a slump:

• Pump.fun‘s trading activity has dropped, and most AI meme projects have seen their valuations decline. The market is waiting for the next breakthrough;
• As more and more AI agents are rapidly deployed, the attention of investors is gradually becoming diluted.

After a halftime break, the market’s perception and approach toward these memes have changed. Pure, “air” AI memes no longer seem to be as favored. Projects with real technical and resource support are proving to be more resilient, losing less value during downturns.

Therefore, searching for relatively lower market cap projects that still have potential and are able to attract external support might be a smart choice.

Today (December 4), the old AI meme on Solana, AVB (Autonomous Virtual Beings), and the company behind it, Scrypted, have completed a $1.5 million funding round led by PTC Ventures and a16z crypto CSX (crypto venture capital accelerator).

The funds raised will be used to build the team’s Inori Network, a decentralized network focused on creating AI infrastructure.

From playing VC coins to playing memes, and now playing memes that are supported by real AI technology… In the increasingly competitive market, we are witnessing a new approach: Memes are becoming front-end mascots that unite community consensus, while the backend showcases project builds, seeking more endorsements and support.

While the approach may seem similar at its core, the data speaks for itself, and the market is clearly buying into this strategy:

The associated token, $AVB, has surged by 30% in the past 24 hours, with the overall market cap steadily increasing, now standing at around $43 million.

If you’re still unclear about AVB and the company’s movements, here is a summary of the recent funding and technical information to help you quickly understand the relationship between AVB, Scrypted, and the Inori Network.

Scrypted and Inori: From Game Development to AI Agent Autonomy

While AVB is essentially a meme coin, it is tied to a company with a legitimate AI business—Scrypted.

Scrypted was founded in 2022 and initially focused on game development. The founding team comes from top-tier gaming studios like EA and Square Enix, bringing extensive experience in game development and systems architecture.

You may wonder, how did a game development company start working on AI? The interesting part is that games have always been a great testing ground for AI training. For example, Stanford University’s AI agents influencing each other in “Stanford Town,” and various research teams using Minecraft to test different AI agent behaviors.

The Scrypted team, which has worked on game projects like EVE Online: Frontier, Downstream, and Chibi Clash Kingdoms, identified a fundamental challenge in traditional game development: how to make AI characters in games appear smarter and more natural.

To address this issue, the team gradually developed the ArtemisML technology stack, which has now evolved into an open-source toolkit. They plan to integrate it with mainstream agent frameworks, which will significantly speed up the development and management of AI-driven game experiences.

This system not only solves the problems of game AI but has also surprisingly shown potential in broader AI applications. Specifically, AI agents (Autonomous Virtual Beings) face challenges similar to early game development:

How to enable AI to make autonomous decisions in complex environments?

How to ensure these decisions are trustworthy?

How to efficiently manage resources for large-scale AI agent operations?

These considerations ultimately led to the creation of the Inori Network.

The vision of Inori (derived from the Japanese word “祈,” meaning “prayer”) is to build a decentralized infrastructure that supports the autonomous operation of AI agents. This may sound abstract, but a simpler way to understand it is:

Traditional AI services are like robots tied to centralized platforms, relying on these platforms to allocate resources.

In the Inori network, AI agents are like independent “digital life forms” that can autonomously manage their computing resources, storage space, and even engage in economic activities.

To achieve this vision, the Inori Network introduces two core technological innovations:

1. Byzantine Risk Tolerance (BRT) Consensus Mechanism

Traditional blockchain consensus mechanisms essentially address the question, “Who gets to keep the ledger?” In contrast, the BRT consensus mechanism aims to solve the problem of “How to verify AI decisions.” It uses a combination of mathematical proofs and game theory designs to ensure that the behavior of AI on the network comes from algorithmic decisions, not human manipulation.

1. Commit-Reveal Pairwise Comparisons (CRPC) Protocol

This specially designed decision-verification protocol uses a “pairwise comparison” approach to break down complex AI decisions into a series of simple binary comparisons. Through a “commit-reveal” mechanism, it ensures the fairness and transparency of the verification process while significantly reducing the computational cost.

In simpler terms, Inori aims to create an environment where AI agents can make autonomous decisions while ensuring that those decisions are truly made by the agents themselves, and these decisions can be verified.

You can think of it as creating a blockchain network specifically for AI agents. The AI agents generate transactions (decisions), and the blockchain records and verifies these transactions.

Wait, what’s the connection between this and $AVB?

At this point, you might be asking: “This Inori Network sounds impressive, but what does it have to do with the meme coin AVB?”

Let’s break down the relationship:

AVB (Autonomous Virtual Beings) is indeed a meme coin at its core, but now it is being “claimed” by Scrypted, the company behind it. Using the term “claimed” might not be entirely accurate, because Scrypted and its founder Tim do not hold any AVB tokens.

Why not hold any?

This question has been asked many times within the community. Tim gave an interesting response on X (formerly Twitter) a few days ago: When he took over the community, he promised not to hold any tokens himself to avoid any suspicions of manipulation. While this decision is often questioned (some say it shows a “lack of vested interest”), it has, in fact, proven to be a smart one. By not having personal stakes, the team can focus more on development, rather than worrying about price manipulation.

So, what can AVB actually do?

For now, AVB serves as an “emotion tracker”—a community-driven meme that reflects the community’s confidence in the project. However, with the upcoming launch of the Inori Network, AVB’s use case will gradually expand:

Short-Term Interaction with AI Agents

AVB will soon be integrated with AI agents. For example, autonomous trading wallets (like @chad_onchain) and some trading games that are under development will prioritize supporting AVB.

Inori Network Benefits for AVB Holders

More importantly, once the Inori Network is live, holders of AVB may receive unique benefits. For instance, they could enjoy discounts when using Inori services, and possibly even airdrops of Inori Network tokens (Tim’s post hinted at a 10% airdrop, though the exact details are still undecided).

Looking at just these use cases, AVB might seem like any other ecosystem token. But there are several important points that make it stand out:

Scrypted is a Mature Company with VC Backing

Scrypted, the company behind AVB, is a mature, VC-backed team. This gives them a stronger foundation than many meme coins or smaller projects in the space.

The Team Chooses Not to Hold Tokens

The team has consciously chosen not to hold any AVB tokens themselves. Instead, future tokens (if any) will be managed through a foundation or trust, reducing concerns about manipulation.

No Presales or Private Sales

The project does not conduct presales or private sales. AVB is essentially a community-driven token that already has some backing and credibility, as it is now being developed and managed by Scrypted.

These factors may explain why AVB has managed to maintain a stable position, even as most Solana-based AI meme projects are facing downturns.

Of course, investment always carries risks, but at least for now, AVB seems to be evolving from a pure meme coin to a “community token with real substance”, with genuine backing and growing utility.

Web4: The Next Narrative for AI Memes?

If you had to pinpoint a difference in the narrative around this round of tokens, one concept that is currently being discussed on Crypto Twitter—though you may be somewhat familiar with it—is Web4 (Read-Write-Own-Act).

From a technological evolution perspective, the transition from Web1 to Web3 is essentially a progression in how we interact with the digital world: Read (just consuming information), Read-Write (interacting and creating), and Read-Write-Own (ownership of digital assets and content).

Now, Web4’s proposed “Act” paradigm introduces autonomous action into this framework for the first time—something that aligns closely with the current development of AI agents, and it clarifies the direction toward intelligence and autonomy in the digital space.

Market Reaction and the Rise of AI-Agent Focused Projects

Notably, the market has already started responding to this new narrative. Several projects focusing on AI agents have recently gained significant attention, and their token valuations have increased accordingly. This trend reflects a growing market expectation around the fusion of AI and blockchain technology.

As more projects start to develop in this direction, we may be witnessing the emergence of a crypto narrative driven by AI agents.

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