{"id":11526,"date":"2025-02-05T16:02:05","date_gmt":"2025-02-05T16:02:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11526"},"modified":"2025-02-05T16:02:05","modified_gmt":"2025-02-05T16:02:05","slug":"textile-3box-labs-merge-in-decentralized-data-tie-up-for-ai-agents","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11526","title":{"rendered":"Textile, 3Box Labs Merge in Decentralized Data Tie-Up for AI Agents"},"content":{"rendered":"<div>\n<p>Two venture-backed veterans of crypto&#8217;s data storage subsector, Textile and 3Box Labs, the builder of Ceramic, have merged in an all-stock deal, CoinDesk has learned.<\/p>\n<p>The companies will operate under Textile&#8217;s brand and retain their staff and data infrastructure- focused product lines. Textile CEO Andrew Hill will head the merged organization.<\/p>\n<p>Self-described &#8220;friendly competitors,&#8221; Textile and 3Box Labs raised funds from the same VC firms and offered overlapping products, 3Box Labs co-founder Michael Sena said. Between them, the companies have <a href=\"https:\/\/www.coindesk.com\/business\/2022\/02\/16\/usv-multicoin-lead-30m-raise-for-3boxs-ceramic-data-network\" target=\"_blank\">raised<\/a> at <a href=\"https:\/\/www.coindesk.com\/markets\/2019\/06\/26\/consensys-spin-out-3box-raises-25-million-to-build-id-tools-for-dapp-devs\" target=\"_blank\">least<\/a> $42 <a href=\"https:\/\/www.coindesk.com\/markets\/2019\/07\/11\/multicoin-coinbase-ventures-invest-15-million-in-decentralized-flickr\" target=\"_blank\">million<\/a> since 2019.<\/p>\n<p>&#8220;We came to the conclusion that the future we&#8217;re building toward is an identical one,&#8221; he said in an interview.<\/p>\n<p>That future is one where people, companies and, especially, AI agents lean on permissionless blockchain rails for data storage, access and verification. Cheap and accessible data storage is a common tech pain point that some proponents of crypto say tokenized economies can improve.<\/p>\n<p>AI&#8217;s precipitous rise is putting an even greater spotlight on the subsector, as Textile sees it. Agents \u2014 artificial intelligence-powered bots that can make decisions and take actions in pursuit of a goal \u2014 are one of crypto&#8217;s big new infatuations, with potential for trading and more.<\/p>\n<p>All those agents will need data to feed their decisions, however. That&#8217;s where the newly joined Textile sees its opening. It will build what a press release called &#8220;the intelligence layer for the multi-agent economy.&#8221;<\/p>\n<p>&#8220;It&#8217;s pretty clear that our sweet spot of expertise \u2014 how to move, store, share verifiable data on crypto rails \u2014 is becoming very relevant to agent builders,&#8221; said Hill.<\/p>\n<p>He said blockchains offer a natural platform for agents to operate: They speak the &#8220;lingua franca&#8221; of this tech-driven world. Textile is building a blockchain network atop which agents can interact, access data and even sell alpha amongst themselves.<\/p>\n<p>Of course, the crypto industry&#8217;s AI minds haven&#8217;t yet figured out what agents are best-suited to do. Many builders are trying out many different things. Momentum is high, though, Hill said, and progress is coming fast.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two venture-backed veterans of crypto&#8217;s data storage subsector, Textile and 3Box Labs, the builder of Ceramic, have merged in an all-stock deal, CoinDesk has learned. The companies will operate under Textile&#8217;s brand and retain their staff and data infrastructure- focused product lines. Textile CEO Andrew Hill will head the merged organization. Self-described &#8220;friendly competitors,&#8221; Textile [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11526","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11526"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11526\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}