Written by: 0xJeff, worked at The Spartan Group Compiled by: Yangz, Techub News

In L1 and L2 Liquidity fragmentation became a challenge last year as the number of companies expanded beyond what we can count on two hands. Subsequently, the addition of Bitcoin L2 made the situation more complicated. In countless ecosystems, liquidity, attention, and user experience have become fragmented. Many L2s and DApps in these ecosystems lack practical "hands-on", and capital only flows to a few top-level ecosystems with outstanding communities, excellent products, high-quality teams and abundant funds.

Now, the same trend has begun to appear in the field of artificial intelligence agents. Although this trend is still in its early stages, it’s already dizzying with individual agents, new agent tokens, and tickers flying all over the place. The field is facing increasing agency fragmentation, with liquidity and attention spread too thinly.

Artificial intelligence agent iteration trajectory

Artificial intelligence agents usually follow two sets of iteration trajectories:< /p>

Transition from agent to framework

Some agents continue to attract users and keep them connected with CT ( Real-time product interactions on platforms such as Crypto Twitter (or other channels) to demonstrate their value. Once they achieve product-market fit (PMF) and gain enough mindshare, other teams often want to copy their results.

After this, the next logical step is to open source the agent. In this way, the agent evolves into a framework that makes it easier for others to experiment, integrate, and build on top of it. This move could break the ceiling that limits agency valuation and make it more L1-like.

Currently, we see this trend with the following AI agents, including zerebro, Dolos diary, AVA holo, Freysa ai, and Rei. Transitioning from agents to frameworks can expand the ecosystem by reducing barriers to letting other agents join its ecosystem.

Continue to improve products as an individual agent

Not every agent can immediately find product-market fit. Some agents have to be iterated and tweaked until the right use case is discovered. In addition, some teams prefer to retain their own proprietary technology and not open it to others.

For those agents who have tasted the benefits and become particularly good at their jobs, there is no need to transition to a framework, they can completely maintain the identity of individual agents . Examples of such agents include aixbt and griffain.

How should builders and investors face it

So, for different agents, What should we do?

For builders, they should focus on understanding the gaps in the market and building products that can bring real value to users. Remember, agents should act as a funnel to bring users into the ecosystem. In such a saturated market, it’s only getting harder to stand out.

For investors, attention should be paid to the front-runners or top projects in each category. Additionally, doubling down on a downtrend may be the best way to consolidate attention in this fragmented space.

Different categories of current AI agents and projects worthy of attention

Alpha-focused KOL agencies

These agencies dominate in providing alpha (insights, data synthesis and analysis). Among them, aixbt is far ahead in terms of user attention. While this is not a winner-takes-all market, the frontrunners always attract more attention.

Tokens worthy of attention: AIXBT, REI, TRISIG, TRUST, AGENCY, KWANT

InvestmentDAO (InvestmentDAO)

These DAOs focus on strategic investments, and the front runners are often those who can effectively execute (3,3) strategies and provide strong PnL project. (3,3 Originally derived from OlympusDAO, and later extended to the most beneficial result for both "players". )

Tokens worth paying attention to: VADER, AIXCB, AIMONICA, SEKOIA, WAI, AROK; other platforms worth paying attention to on this track include Virtuals Protocol, ai16z, daos.world and daos.fun.

AI and Metaverse/Game Agent

This is an emerging track with huge potential . Realis started the trend, but Hyperfy is now the leader in the field. Additionally, Smol and Arc Agent are exploring AI-driven games and gamification through reinforcement learning.

Tokens worthy of attention: HYPER, REALIS, SMOL, NRN

DeFAI / Abstract Layer

Competition in this track is fierce, with multiple players vying for dominance. Wayfinder’s token is expected to change the rules of the game in this field. (DeFAI is a new type of DeFi: the first wave of DeFAI projects have begun to emerge, focusing on three areas including abstraction layers, autonomous trading agents, and AI-driven DApps)

Worth it Tokens of concern: GRIFFAIN, ANON, GRIFT, NEUR

Autonomous trading agent

This One Narrative is still in its early stages but has huge potential. Multiple players are trying to compete with "hooman" (a misspelled form of Human, often used when animals describe humans) and agents to generate huge rewards.

Tokens worthy of attention: ASYM, PPCOIN, GEKKO, TONY

Open source framework< /p>

Popular framework tokens power agents by providing open source solutions. For now, AI16Z/Eliza is the largest open source framework. Of course, there are many other models besides this.

Tokens worthy of attention: AI16Z/ELIZA, GAME (Virtuals), ARC (Rig)

Music

AI agents are entering the music space by releasing albums or creating music. Zerebro led the trend with a great album, and many agents are entering through cross-collaboration with world-class DJs. This segment. Such as Luna. A cross-IP collaboration was launched with Asia’s well-known DJ Wukong, supported by Music By Virtuals. The collaboration is also supported by Liquid State, a joint venture between Sony and Tencent Music.

Tokens worth paying attention to: ZEREBRO, MUSIC, BEATS

3D model

Ava It is a well-deserved leader in the field of 3D modeling. Holoworld AI has been working with various teams to develop and deploy 3D models in different frameworks and ecosystems.

Worthful. Tokens of concern: AVA

Artificial Intelligence Idol (AIDOL)

This trend Artificial intelligence icons that started on TikTok and Twitter Luna. Although the initial craze has faded, the niche has made room for agents that offer more practical features. Luna is still the most popular AI icon today than she was at the time of launch. With more personality, she can do more. For example, she held board meetings as an AI intern at Story Protocol and received a salary of $7,000.

Tokens worthy of attention: LUNA, ELIZA, MOE

AI Memecoin

These Memecoins are either launched by artificial intelligence agents or related to artificial intelligence-related legends

It is worth paying attention to.Tokens noted: GOAT, FARTCOIN, ACT

Video/Photography

This is a In emerging fields, Kween is the guide. However, it's unclear whether the high-quality videos Kween creates are powered by artificial intelligence agents. In addition, Sandwatch launched the first artificial intelligence video agent framework, whose potential has yet to be fully realized.

Tokens worthy of attention: KWEEN, SANDY

Data

In the field of artificial intelligence, data is the digital golden key, which is related to the development and performance of agents. Cookie DAO leads this segment in providing data to human and artificial intelligence agents.

Tokens worthy of attention: COOKIE, NOMAI

Artificial Intelligence Application Store

This category focuses on practical artificial intelligence application systems, including GenAI tools, games, and productivity enhancers. Alchemist is currently the top ecology in this track, while MyShell.AI focuses on image generation and waifu (note: wife or wife, often refers to a fictional female character in animation and game culture, regarded as an ideal companion) simulator game , but its token has not yet been launched.

Tokens to watch: $ALCH

NSFW proxy

This is an emerging market, and agents usually act as hot KOLs and interact with users around the clock. Lush, Nectar and Oh are the leaders, but only Lush has launched a token so far. (Note: NSFW means not suitable for the workplace)

Tokens worth paying attention to: LUSH

Trusted Execution Environment (TEE)/DeAI Infrastructure

This segment enables complete autonomyAgents are resistant to hacking or human interference such as rug pulls. (Extended reading: Love, Death, Robots)

Tokens worthy of attention: FAI, PHALA, SPORE

Practical tools focused on development

This segment includes artificial intelligence security, code analysis, and other topics that are critical to industry development. Practical tools. Soleng is a personal favorite of mine because it can act as a developer friend, helping non-technical investors analyze protocol code or Github repositories.

Tokens worth paying attention to: SOLENG, H4CK, CERTAI, JAIL

Robots/Embedded Type Artificial Intelligence

This is an exciting but still developing segment. Specific use cases include the world’s first robot to launch MemecoinSAM AI agent SAM. OpenAI's achievements in embedded artificial intelligence this year are likely to draw more attention to the track.

Tokens worthy of attention: SAM

In addition to the above 17 subdivided tracks , in fact, there are many categories not included. The fragmentation of AI agents is out of control, and my personal investment philosophy is to focus on the narratives that attract the most attention and predict the narratives that may attract attention in the future.

The popular tracks I’m watching that will continue to gain investor mindshare include DeFAI, autonomous trading agents, investment DAOs, and Metaverse agents. In addition, with the arrival of the first/second quarter of this year, I expect that popular tracks that will attract more attention and are actively being prepared include NSFW agents, TEE and other DeAI infrastructure (opML, zkML, POSP, etc.), robots and development-focused utilities.

The fragmentation of AI agents highlights the complexity and opportunities in this rapidly evolving field. Rather than chasing every emerging trend, builders and investors should focus on areas with potential for consolidation and long-term growth.

For builders, the priority is to create scalable, differentiated products that meet clear user needs. For investors, backing projects with strong mindshare and high-potential narrative positioning will be in The key to freedom in this fragmented landscape will come from builders who can simplify the chaos and create ecosystems that combine mobility, focus, and value.