Saga, a Layer-1 blockchain dedicated to Web3 gaming, has announced a partnership with Virtuals Protocol and others in a joint venture aimed at powering AI Agents.
As part of this collaboration, Saga introduced Metropolis.lol, a reality arbitrage protocol that combines blockchain and AI technologies.
Saga Layer-1 Launches Metropolis.lol with AI Trifecta
Announced via a post on X (Twitter), Saga detailed its collaboration with Virtuals Protocol, Eliza Labs, Wayfinder Foundation, and ai16z to launch a novel agent-only Layer 1 blockchain ecosystem, Metropolis.lol.
Metropolis.lol functions as an open-source agent runtime, providing developers with a full-stack toolkit to create AI-centric applications. This initiative establishes Metropolis as a decentralized society where AI agents thrive.
“Today, Saga is proud to introduce metropolis.lol—the reality arbitrage protocol and a groundbreaking collaboration with Virtuals Protocol, Wayfinder Foundation, and ai16z,” Saga wrote.
Among Saga’s partners, Virtuals Protocol facilitates ecosystem interactions through the Metropolis Butler Agent. This enables seamless communication between Virtual Protocols’ agents and Metropolis. Meanwhile, Eliza Labs powers scalable AI functionalities via the ElizaOS framework, fostering advanced intelligent operations.
The Wayfinder Foundation develops multi-chain frameworks that enable AI agents to navigate blockchain ecosystems seamlessly. Meanwhile, this development comes just a month after Saga launched its Mainnet 2.0 to transform blockchain economics.
Collaborating with Uniswap, Saga’s upgrade offered autonomous chain deployment, enabling agents to independently create and manage scalable Chainlets. Additionally, Saga’s Liquidity Integration Layer (LIL), set to launch in Q1 2025, promises to enhance cross-chain liquidity for AI-driven economies.
VIRTUAL Soars 30% As AI Agents Surge in Popularity
Riding on the AI Agents wave, the Virtuals Protocol has seen a spike in demand. According to BeInCrypto data, VIRTUAL, the powering token for the Virtuals Protocol ecosystem, is up by almost 30% on this news. As of this writing, it was trading at $3.73.
The network’s partnership with Illuvium has also revolutionized gaming by making in-game characters more realistic. This further demonstrates the versatility of AI agents in diverse applications.
Meanwhile, this surge comes on the back of the growing popularity of AI agents. It represents a pivotal trend in both the blockchain and technology sectors. According to a recent CoinGecko report, the integration of AI into blockchain — specifically through AI agents — has driven substantial market interest.
Against this backdrop, financial institutions like Franklin Templeton have acknowledged the potential of AI agents. The asset manager recently predicted the sector’s role in reshaping financial ecosystems. Similarly, Multicoin Capital foresees AI agents driving the next wave of blockchain innovation by 2025.
Sam Altman, CEO of OpenAI, envisions AI agents playing an integral role in future decentralized applications. He believes they would enable automated governance and complex economic systems.
Elsewhere, prominent venture firm ai16z has committed to advancing AI agents, highlighting the need for tokenomics overhauls to optimize their performance. Additionally, Nvidia CEO Jensen Huang has expressed enthusiasm for the transformative potential of AI agents, emphasizing their role in creating intelligent, self-sustaining digital economies.
“It is very very clear AI agents is probably the next robotics industry and likely to be a multi-trillion dollar opportunity,” Huang said.
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