Coinbase launches Based Agent to support the creation of AI agents with crypto wallet capabilities

BlockBeats news, October 27, according to Cointelegraph, Coinbase launched a new tool "Based Agent" on October 26. The tool allows users to create an AI agent with crypto wallet functions within 3 minutes, which can perform multiple tasks such as on-chain transactions, token swaps and pledges. Coinbase developer Lincoln Murr said that the template is based on the Coinbase SDK, OpenAI and Replit platforms, and users only need the API key and OpenAI key of the Coinbase developer project to use it.

Coinbase CEO Brian Armstrong has recently actively promoted the application of AI agents in the encryption field. On October 23, he publicly provided an independent crypto wallet for the AI chatbot Truth Terminal. In addition, James Ross, founder of Mode Network, predicts that by April 2025, more than 80% of blockchain transactions may be executed by AI agents.