On Thursday, the IoTeX team announced via X that it has launched BinoAI, an AI Agent for DePIN. According to IoTeX, BinoAl operates as a DePIN evangelist, breaking down complex ideas, celebrating milestones, and ensuring that developers, users, and stakeholders stay connected.
BinoAI is built on ai16z’s open-source ELIZA framework, a leading platform for creating autonomous AI agents. It sets the stage for industry-specific AI agents, such as personalized health insights in wearable DePIN apps. By leveraging autonomous agents like BinoAI, DePIN networks can lower adoption barriers, improve user experiences, and drive engagement at scale.
IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is down 8.5% today and is currently trading at $0.03728.