Coinbase introduces a new tool called "Based Agent", an AI-powered agent capable of executing various on-chain tasks

Brian Armstrong on X: "Create an AI agent with a crypto wallet (and optional X account) in less than 3 minutes Based Agent!" 

Coinbase has introduced a new tool called "Based Agent," which allows users to quickly build AI-powered agents that can interact with cryptocurrency wallets on the Base blockchain. This tool is designed to enable crypto enthusiasts and developers to create AI agents capable of executing various on-chain tasks, such as trading, staking, and smart contract interactions, all within just three minutes.

Based Agent leverages Coinbase's developer tools, OpenAI's technology, and Replit's platform to provide a simple template for building these AI agents. Users only need API keys from Coinbase and OpenAI, and can then customize their agents to perform specific tasks like managing crypto transactions autonomously.

Based Agent is Built with CoinbaseDev SDK, OpenAI, and Replit. It is designed to make it easier for users to engage with decentralized finance (DeFi) by simplifying the process of creating and managing AI agents.

coinbase.com/developer-platform/discover/launches/empower-ai-agents

This tool is part of Coinbase's broader vision of integrating AI with blockchain technology, where autonomous AI agents could handle blockchain transactions and even communicate with each other without human intervention.