The auction for Xtella.AI, XPIN’s groundbreaking AI agent, has generated over $4.1 million in transaction volume within hours of its launch on the IoTeX mainnet and BNB Chain last night.
Xtella.AI, marketed as the first revenue-generating AI agent, recorded an impressive 500 BNB in bids within just five hours. The starting price was set at 2,000 IOTX, with the current highest bid reaching 5,187 IOTX (approximately $185). On the BNB Chain, the highest bid stood at 0.5 BNB (around $350).
The auction operates on an “All Win” model, where users who lose their bids receive a full refund along with an additional 4.5% profit.
Xtella.AI: AI Agent by XPIN Network
🔥 500 #BNB BID in 5 Hours ! https://t.co/QKS8E4kykC is taking off! 🚀
🔑 Why join?
Mint AI Agents
XPIN Powerlink(💲349)🎨
Earn $BNB & $XP 🤑
$500K USDT Prize Pool 💸
💡 Bid to win big – 100X potential!
⏰ Don’t miss out!
🔗 https://t.co/RyLnmdhUio pic.twitter.com/p1mVKxeErx— XPIN Network🛰️ (@XPINNetwork) January 7, 2025
Xtella.AI, XPIN’s AI agent, offers various revenue streams, including AI mining income, Powerlink equipment valued at $349, and on-chain staking rewards. Every bid earns XP rewards, while the top ten bidders would be eligible for a share of $500,000 prize pool.
AI Agents, AI Dominate the Crypto and Tech Space
AI agents are quickly becoming a significant trend in the crypto market, with AI-based cryptocurrencies gaining massive traction. IoTeX’s modular DePIN infrastructure has proven to be a robust foundation for such projects. Bino.AI, the first AI agent on the IoTeX network, recently debuted and received backing from ai16z.
AI is increasingly seen as an integral part of the broader Web3 ecosystem, which also includes cryptocurrencies, blockchain, the metaverse, and NFTs. Experts predict 2025 will be a pivotal year for AI, with innovations not just limited to crypto but also deeply seeping through in everyday life. Thus, on one hand, Solana-based AI cryptocurrencies like BUZZ, ZAILGO, and FET are captivating crypto traders, and on the other hand, AI agents are taking over in the tech space.
Notably, Sam Altman of OpenAI has stated that his company initially focused on developing AGI (Artificial General Intelligence) to transform humanity. But now, OpenAI anticipates the first AI agents entering the workforce as early as 2025, signaling a new era of AI integration in daily life and the global economy.
Also Read: With GRIFFAIN, ai16z, FAI Hitting Records: Is 2025 the Year of AI Crypto?
