DeFAI, a combination of decentralized finance (DeFi) and artificial intelligence (AI), aims to simplify and automate blockchain interactions for both expert and novice users. DeFAI projects use crypto AI agents to gather, analyze, and interpret blockchain data, making it easier for users to navigate the complex world of cryptocurrencies. The four primary tasks of a crypto AI agent are gathering information, interpreting data, making decisions based on the interpretation, and executing actions. DeFAI projects range from trading assistants to chatbots and analysis platforms. However, caution is advised as the sector is still in its early stages, and some projects may overstate their AI capabilities.



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