When there were too many L1/L2 public chains to count on two hands, liquidity fragmentation became a major challenge. Subsequently, Bitcoin L2 entered the market, causing the number of L2s to surge.

This has led to fragmentation of mobility, attention, and experience across countless ecosystems. Many of the L2s and dApps in these ecosystems struggle to gain any traction that actually makes sense. Capital has flowed into only a handful of top ecosystems – those with outstanding communities, great products, high-quality teams, and enough money to attract builders.

Now, the field of AI agents is starting to face the same challenges. While it's still early days, the sheer number of individual agents, tokens, and new agent tokens makes it difficult to distinguish between them.

The industry is facing increasing agent fragmentation. Fluidity and attention are too scattered and thin.

When there were too many L1/L2 public chains to count on two hands, liquidity fragmentation became a major challenge. Subsequently, Bitcoin L2 entered the market, causing the number of L2s to surge.

This has led to fragmentation of mobility, attention, and experience across countless ecosystems. Many of the L2s and dApps in these ecosystems struggle to gain any traction that actually makes sense. Capital has flowed into only a handful of top ecosystems – those with outstanding communities, great products, high-quality teams, and enough money to attract builders.

Now, the field of AI agents is starting to face the same challenges. While it's still early days, the sheer number of individual agents, tokens, and new agent tokens makes it difficult to distinguish between them.

The industry is facing increasing agent fragmentation. Fluidity and attention are too scattered and thin.