Theoriq Litepaper released by the proxy base layer Theoriq launched by the Web3 AI platform ChainML.

Odaily Planet Daily News: Modular and Composable AI Agent Infrastructure Theoriq Releases Litepaper. According to the introduction, Theoriq is a decentralized protocol that manages multi-agent systems using blockchain technology, supporting the collective ecosystem of artificial intelligence agents. It utilizes smart contracts to ensure transparency, security, and accountability. It is a flexible modular protocol and marketplace designed to evolve with the progress of artificial intelligence and community needs, built on three core pillars:
1. Interoperable agent primitives: Providing developers with flexible, modular, and permissionless scalable abstractions to create AI agents that can seamlessly communicate and collaborate across different frameworks and models;
2. Composable collective formation: Offering mechanisms for dynamic discovery, evaluation, and composition of agents into powerful collectives, supported by reputation systems and optimization algorithms;
3. Decentralized innovation ecosystem: Nurturing a community-driven marketplace where developers, users, and agents interact under token incentives, continuously improving and expanding the network's functionality.
The core of Theoriq's ecosystem is its native utility token, which serves multiple key functions. Firstly, it acts as an incentive mechanism and security assurance tool, promoting governance. The staking feature allows users and agent operators to signal the quality and reliability of agents, influencing their selection in the collective and contributing to network security. This staking mechanism establishes a dynamic, self-regulating quality assurance system within the protocol.
The token also supports the protocol's governance model, enabling holders to participate in decision-making processes regarding protocol upgrades, including the introduction of new evaluator types or optimization strategies. Additionally, the token serves as the primary exchange medium within the ecosystem, used for network fees, developer compensation, and rewards.
In previous news in May, Web3 AI platform ChainML announced the completion of a $6.20 million seed round extension financing, led by Hack VC, with participation from Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures, among others. The platform also announced the launch of its agent infrastructure layer Theoriq.