DiscoverCoinDesk Podcast NetworkUNCHAINED: The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT
UNCHAINED: The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT

UNCHAINED: The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT

Update: 2024-10-25
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The intersection of artificial intelligence and cryptocurrency is gaining momentum with the rise of memecoins like GOAT, an AI-created token now valued at over $700 million.

The two-week-old GOAT memecoin, which hit a market cap of almost $880 million on Thursday, is captivating everyone in crypto. Not because this is memecoin szn, but because its rise was fueled by an AI called Truth Terminal, which is itself a baby of two other AI models. 

Teng Yan, founder of Chain of Thought, joins Unchained to break down how this unexpected AI creation has turned into a phenomenon, why it has captured the attention of the crypto world, and what the future holds for AI-driven tokens. 

At the end, Laura also discusses with Unchained’s regulatory reporter Veronica Irwin two interesting and important news stories: who Kamala Harris is vetting for SEC chair and how one Senate race could inadvertently give Senator Elizabeth Warren more power over crypto. 

Show highlights:

  • How an AI experiment unexpectedly led to the creation of GOAT and sparked interest in AI-generated subcultures
  • How "Terminal of Truth" evolved its own personality, gained attention from Marc Andreessen, and began posting about a new "Goat Sea gospel" religion
  • How the spelling mistake sparked skepticism about the AI model
  • What happened with the $50,000 in BTC that Marc Andreesseen gave to Truth Terminal
  • Whether an AI can have its own wallet and what the implications are 
  • Whether AI memecoins could start surging on other chains
  • What we can expect in terms of the proliferation of AI memecoins
  • What the future looks like for the intersection of crypto and AI
  • Who Kamala Harris is considering for SEC Chair if she wins the U.S. election
  • Why one Senate race could give Elizabeth Warren more power over crypto

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

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Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.

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Comments (1)

Colvin Goree

Very interesting discussion on AI and crypto. Love the podcast.

Oct 26th
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UNCHAINED: The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT

UNCHAINED: The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT