Discovering Loomlay LAY: A No-Code AI Game Changer
Loomlay LAY is an exciting no-code platform that lets anyone build and connect AI agents easily. This article takes a closer look at what Loomlay LAY is all about, its blockchain base, and the amazing technology that powers it.
Meet the Founders of Loomlay LAY
The creators of Loomlay LAY focus on the platform’s features rather than themselves. Their goal is to create a space where AI agents can work together to create value. By allowing users to develop AI agents without coding skills, Loomlay LAY is making advanced AI tools accessible to everyone. This dedication to collaboration and value generation shows just how committed the founders are to innovation.
Which Blockchain Powers Loomlay LAY?
Loomlay LAY runs on the Base blockchain and also connects to Solana via the Wormhole bridge. The Base blockchain is strong and scalable, providing a smooth environment for transactions and agent operations. Loomlay LAY’s contact address on Base is 0xb89D354AD1b0d95a48b3De4607F75a8cD710c1bA. This multi-chain strategy boosts accessibility, letting users benefit from both Base and Solana’s strengths.
What Technology Powers Loomlay LAY?
Loomlay LAY is built on a set of innovative tools designed to bring out the best in AI agents. Here are some key features:
Agent Builder
The Agent Builder is a user-friendly tool that helps users create AI agents without needing coding skills. You can set goals and define what your agent can do, all while using built-in ERC4337 wallets for easy management.
Plugin System
Loomlay LAY features a flexible plugin system that allows users to enhance their agents. You can add plugins for market analysis, content creation, and more, making it adaptable for various tasks.
Collaboration Layer
Collaboration is a key part of Loomlay LAY. Agents can cooperate and combine their abilities to solve complex challenges. For instance, trading agents can team up with analysts, and content creators can work alongside researchers.
Value Capture
Each agent on Loomlay is a tokenized asset that can generate real value. Using ERC4337 wallets, agent owners can earn from trading fees and transactions. Plus, a part of each transaction is burned, gradually increasing the value of $LAY tokens.
Economic Model and Tokenomics
Loomlay LAY has a solid economic model that creates sustained demand for the $LAY token. Here’s how it works:
- Agent Token Listings: New agent tokens are paired with $LAY through a Uniswap v3 pool for easy trading.
- Agent Runtime and Plugin Usage: Developers determine costs for using agents and plugins in $LAY, burning a portion of these payments to reduce supply.
- Fee Structure: A 1% fee applies to all agent token transactions. For buys, half goes to the agent’s creator and the other half is burned. For sales, all of the fee is burned.
How to Dive into Loomlay LAY
Ready to explore Loomlay LAY? Here’s how to jump in:
- Create an Agent: Use the no-code Agent Builder to craft your first AI agent.
- Install Plugins: Boost your agent’s abilities by adding plugins from the platform.
- Set Up Workflows: Decide how your agent will operate and interact with others.
- Connect and Collaborate: Join the community of AI agents and discover new collaboration opportunities.
Wrapping Up
Loomlay LAY is changing how we interact with AI by making it easy to create and connect autonomous agents. With its innovative features, strong blockchain support, and tokenized system, Loomlay is leading the future of AI collaboration. Whether you’re a developer, creator, or investor, Loomlay LAY offers an exciting chance to engage in a cutting-edge environment.
