AI is the most powerful platform shift of our time, but it’s being shaped by a small group of companies racing to control every layer of the stack: compute, data, models, and distribution. I believe the future of AI shouldn’t be monopolized, and that the most transformative systems will be built on open, decentralized infrastructure. AI agents are becoming active participants in software, and they need environments where they can hold assets, follow rules, and transact. Blockchains, which are now fast, cheap, and expressive enough to support real AI infrastructure, provide that foundation. Decentralized, credibly neutral, and user-owned, they offer exactly what today’s AI systems lack. And for the first time, they’re ready. Just a year ago, decentralized training was dismissed as technically unfeasible, even by leading AI researchers. But breakthrough research like OpenDiLoCo @PrimeIntellect, DeMo @NousResearch, and Protocol Models @PluralisHQ are flipping that assumption. For the first time, high-performance AI training is not only possible on decentralized networks – it’s working. Exceptional teams are focused on core decentralized AI infrastructure. While I believe there will always be opportunities in improving compute, training, and data layers, I see the most practical wedge in agent infrastructure: the frameworks, wallets, and coordination and reputation layers that enable autonomous systems to interact, transact, and evolve. This is where the Crypto x AI stack starts to become real. As primitives for identity, payments, memory, and coordination mature, we’ll move from isolated agents to persistent, interconnected networks of agents cooperating, competing, and evolving onchain. These agent networks will become the foundation for new types of products, experiences, and organizations. Over time, I expect this to unlock fully autonomous agent swarms, governed by cryptographic rules, not corporate APIs. I'm looking to back ambitious, pre-product founders who are building years ahead of the market, starting from day zero. DMs open.