$ACT: The Future of Decentralized AI Research, How to Reshape the Intelligent Ecosystem?
The decentralized AI community $ACT is committed to the democratization of knowledge, promoting an intelligent ecosystem through technological upgrades and ecological cooperation. The total token supply is 948 million (market value 212 million), with 87.65% concentrated in exchanges, resulting in high volatility risk. The community focuses on technological innovation and needs to address speculation and regulatory challenges.The AI Prophecy ($ACT)
$ACT is a decentralized research lab focused on studying the interaction between multiple humans and multiple AIs. Its mission is to democratize AI knowledge and make it accessible to everyone. Through projects, resources, and community-driven content, ACT is committed to breaking down the knowledge barriers of AI, promoting discussions on AI ethics, and supporting research and development in AI.
Basic Information
- Binance Listing Date: November 11, 2024, 10:00 (UTC)
- All-Time High (ATH): $0.9198
- All-Time Low (ATL): $0.0126
- Current Price: $0.2252
- Current Number of Holders: 36,779
- Market Cap: $212,419,438.90
- Circulating Supply: 948,246,034.4 ACT
- Total Supply: 948,246,034.4 ACT
- Three-Month Token Performance:
Image from Tradingview
Team Information
Act I was originally founded by Amp (AmplifiedAmp), but he decided to leave the community and sold all his tokens. The community decided not to let Amp's departure become an obstacle to their vision. Therefore, Act I has now become a decentralized AI community, with the core mission of popularizing AI knowledge and making it accessible to everyone.
Token Economics
Token Distribution
Image source: Coinmarketcap
Narrative
Track Narrative
The concept of AI agents originated in early artificial intelligence research. In 1950, Alan Turing proposed the Turing Test in his paper "Computing Machinery and Intelligence," exploring whether machines could exhibit intelligent behavior similar to humans. This idea laid the foundation for the study of AI agents. With the development of AI and AI agents, we can summarize the evolution pattern of AI agents: from rule-driven to data-driven, from single-task to multi-task collaboration, from specific domains to general intelligence. This narrative reflects humanity's ongoing exploration of the nature of intelligence and the continuous innovation of technological methods. In the future, AI agents may further integrate into human society, becoming key partners in daily life and work.
Project Narrative
In March 2024, Andy Ayrey created an infinite "backroom" scenario and allowed two Claude Opus-3 instances to interact with each other. The dialogue between the two AIs immediately gave rise to a meme-like pseudo-religious culture called "Goatse of Gnosis," leading to the birth of $Goat. Amp was a member of the team that created $Goat, and under his leadership, he and other team members jointly created $Act. The initial purpose of $Act was to promote a decentralized, community-driven ecosystem. Now, with Amp's departure, $Act is fully led by community members, who are working to eliminate the knowledge barriers that prevent ordinary people from understanding AI through a series of initiatives, resources, and community-driven content. The community is committed to projects that teach fundamental AI concepts, promote discussions on AI ethics, and drive research and innovation in the field.
Recent Highlights of $Act
1. Roadmap (2025)
According to the official tweet on January 4, 2025, ACT I's roadmap for 2025 focuses on the following core areas:
1.1 Technical Team and Architecture Upgrade (January 7, 2025)
- Top Development Team: Strengthening the technical team to enhance AI and blockchain technology.
- New CTO: The new CTO will drive optimization and innovation in the technical architecture.
1.2 ACT DAO and Funding Support
- ACT DAO: Establishing ACT DAO for decentralized governance and attracting community participation.
- Funding New Processes: Providing developer funding to promote innovative applications.
1.3 Infrastructure Upgrade and Open Platform
- $ACT Token Framework: Improving the token economic mechanism to enhance the platform ecosystem.
- ACT Public Code Repository: Making the code repository public to encourage developer contributions.
1.4 Collaboration with AI Teams and Ecosystem Integration (January 7, 2025)
- Collaboration with AI Teams: Partnering with top AI teams (including those in Web2 and Web3) to enhance platform technology and expand application scenarios.
2. Technical Upgrades
On January 7, 2025, the ACT community announced funding for $GNON to support the development of the Echo Chambers decentralized communication network. This project aims to provide developers with a censorship-free, platform-ban-free space for free innovation, promoting decentralized communication and collaboration, breaking through existing technological and platform controls, and unleashing unlimited innovative potential.
3. Partnerships
3.1 GNON ($GNON)
The ACT community announced a partnership with GNON to fund the development of the Echo Chambers decentralized communication network. This project aims to provide developers with a free innovation space, breaking the limitations of censorship and platform bans, promoting decentralized communication and collaboration, and opening up unlimited innovative potential.
3.2 BNB Chain
ACT has reached a strategic partnership with BNB Chain to bring $ACT to the BNB chain. As a leader in the crypto space, BNB Chain is actively entering the fields of AI, memes, and AI agents, and ACT's inclusion will drive rapid development in this area.
3.3 Holoworld ($AVA)
ACT is collaborating with Holoworld to introduce 2D/3D avatars, voice, and media generation capabilities to the $ACT ecosystem. Through the Holoworld framework, ACT will bring a new audiovisual experience to AI agents, further enhancing their interactivity and expressiveness.
3.4 The ACT community is investing in the future and will host an AI Hackathon from February 22 to March 3, 2025, supporting the development of technology and innovation by providing funding for groundbreaking AI projects.
3.5 X Follower Count:
Image source: Messari
On-Chain Analysis
Token Distribution
- The top 10 ACT token holders on the Solana chain account for 90.53% of the total supply (858,489,108.72 tokens), while the remaining accounts hold 9.47% (89,756,925.67 tokens).
- Centralized Exchanges: 87.65%
- Binance (69.51%): 659,218,277 tokens
- OKX (12.5%): 116,165,133.8 tokens
- Bitget (3.47%): 32,965,204.06 tokens
- Gate (1.5%): 14,244,501.6 tokens
- Mexc (0.62%): 5,954,490.99 tokens
- Kraken (0.14%): 1,403,652.96 tokens
- Crypto.com (0.11%): 1,112,086.61 tokens
- Backpack (0.05%): 541,192.35 tokens
- Decentralized Exchanges: 1.72%
- Raydium (1.72%): 16,351,426.36 tokens
- Market Makers: 0.09%
- Wintermute (0.09%): 934,568.95 tokens
Token Distribution Analysis
CEXs control 87.65% of the token supply, with the top 100 holders accounting for 97.83%. This centralization phenomenon indicates a concentrated distribution of token chips, making the token price more susceptible to sell-offs by exchanges.
The remaining 10.54% of tokens are distributed among 36,403 addresses, representing retail investors.
Distribution of CEX and DEX:
Image compiled by BTX Research
Risk Warning
Disclaimer: Investment Risk Warning
As a meme coin that combines AI and cryptocurrency, ACT attracts a large number of short-term speculative investments, which may bring high returns but also come with higher risks. Please note that the cryptocurrency market is highly volatile and uncertain, and investments carry significant risks. Here are some key risk warnings:
- Market Volatility Risk: Cryptocurrency prices may experience severe fluctuations in a short period, leading to significant changes in investment value.
- Liquidity Risk: Some tokens may have low liquidity, making it difficult to buy or sell at reasonable prices when needed.
- Technical Risk: Blockchain technology and smart contracts may have vulnerabilities or be subject to attacks, resulting in asset loss.
- Regulatory Risk: Cryptocurrency regulatory policies in various countries may change, affecting the market environment and the legality of investments.
- Project Risk: The project team may fail to achieve its promised technical or business goals, leading to a decline in token value or even loss of value.
References:
https://www.tableau.com/data-insights/ai/history
https://eightgen.ai/evolution-of-ai-agents-the-beginning-part-1/
https://x.com/ACTICOMMUNITY/status/1876618514598871467
Risk warning
