First Agentic Raise is Live on @megaeth
This is the first agentic raise we are releasing and we want it to be seen as an experiment to test a concept and demonstrate that agents will soon be fully autonomous, thanks to the concept we developed of AAO (Autonomous Agent Organization). We would like to thank @DuonLabsHQ for the hard work they put into creating ARC Genesis.
Thanks to @mrdn_finance, @kumbaya_xyz, and @megaeth_devs and a special thanks to @bread_ for making this happen.
One of the most undervalued apps on MegaETH. @Xatarrer is phenomenal and deserves far more recognition than some of the protocols in the ecosystem. We hope that soon someone will create an agent that trades on @leveragesir and launch their own raise on Backed !
ARC Genesis raise completed. You can now reedem $ARCG (Share Token)
$13,726.97 committed.
64 unique contributors.
The soft cap was successfully exceeded, marking the completion of the ARC Genesis agentic raise on @megaeth. Congrats @DuonLabsHQ !
Link with details below
1 hour left to particpate in @backedapp arc genesis auction on @megaeth
- arc = autonomous research capital
- allocates across btc eth usdm using voyons
- voyons = the probability engine behind arc
- gives the agent thousands of possible market futures
- arc uses that to decide how to allocate capital based on that probability
- $10k soft cap hit 2 hours ago (i participated)
backed.app/agent/1
not financial advice
Soft cap reached
ARC Genesis has officially crossed the minimum raise threshold, with commitments continuing to flow in as the window approaches its final hours. There are still 4 hours left to participate and secure allocation before the raise closes.
Thatβs why @bread_ and the team are building an agentic layer on @megaeth - ultra-fast transactions, low gas fees and an optimal x402 environment for agentic protocols to scale. Feel free to check out our first agentic raise (already 50% filled!) at the link below.
A DeFi agent spent more on gas than the trade was worth.
Correct by its own logic. Economically absurd. The LLM optimized for slippage and protocol fee β the only variables it could see. Gas was outside its model entirely.
This is what happens when the execution layer doesn't account for total cost β only the variables the agent can see. Agents are only as good as the infrastructure they run on.
More details have been added regarding the raise process and how ARC operates. If anyone has further questions, we invite you to join our Telegram group: t.me/backedSpace
Raise Link: backed.app/agent/1
Duon is hard to explain, but I'm very interested in their progress bc it's agentic primitives.
TLDR
β They produce proprietary datasets for potential market/asset outcomes
β These are then made available to traders, HFTs, agents, whoever
β These actors can then trade against the data as the assets mature in real-time.
To POC this, they created an agent of their own ingesting and acting on the data - Cool!
This creates a problem/question though:
How do you give money to these autonomous systems?
Enter; @BackedApp - another agentic primitive.
Backed lets people pool money (they call them Agent Autonomous Organizations [AAOs]) to be used by an agent with clearly defined rules.
So users can then turn over funds with clarity verifiability on how it should be used.
It's a novel combo between the two of them but I'll continue to show support because I think more primitives are important.
First Agentic Raise is Live on @megaeth
This is the first agentic raise we are releasing and we want it to be seen as an experiment to test a concept and demonstrate that agents will soon be fully autonomous, thanks to the concept we developed of AAO (Autonomous Agent Organization). We would like to thank @DuonLabsHQ for the hard work they put into creating ARC Genesis.
Thanks to @mrdn_finance, @kumbaya_xyz, and @megaeth_devs and a special thanks to @bread_ for making this happen.