Saga Launches Metropolis.lol, a Decentralized Layer-1 Blockchain for AI Agents
Saga has launched Metropolis.lol, a decentralized Layer-1 blockchain tailored for AI agents. The platform integrates blockchain and AI, aiming for scalability and growth through collaborations with Virtuals Protocol, Eliza Labs, Wayfinder Foundation, and ai16z.
Key features of Metropolis.lol include:
- An open-source agent runtime for developers to create AI-driven applications
- The "reality arbitrage protocol" concept to foster a decentralized society for AI agents
- Powering by Virtuals Protocol for seamless agent interactions
- Scalable AI functionality from Eliza Labs via the ElizaOS framework
- Enhanced navigation across multi-chain ecosystems by Wayfinder Foundation
This initiative follows Saga's Mainnet 2.0 launch, which introduced autonomous chain deployment in partnership with Uniswap. The anticipated Liquidity Integration Layer (LIL) in Q1 2025 aims to boost cross-chain liquidity.
After the announcement, the VIRTUAL token surged 30%, reaching $3.73, reflecting rising interest in AI technologies. Financial leaders like Franklin Templeton and Multicoin Capital anticipate AI agents will significantly impact financial systems and drive blockchain innovation by 2025.
Prominent figures such as OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang highlight the transformative potential of AI agents, viewing them as vital to future economic structures. The involvement of venture firms like ai16z further emphasizes the increasing significance of these developments.