New York-based donut labs raised $ 7 million in a pre-seed funding to develop what it claims to be the first “agent” crypto browser, a tool that uses artificial intelligence to help users contact blockchain-based applications.
The spin was led by sequoia, bitkraft and hackvc, with participation from angel investors including Solana and other ecosystem leaders, such as Matrix Partners, Sky9 Ventures, Makers Fund and SonicsVM.
$ 7 million will support donut formation, an implemented crypto browser powered by Artificial intelligence The agents, with a native cryptocurrency purse and decentralized exchanging, decentralized network accessibility and onchain implementation.
Unlike traditional web browsers, Donut AI’s AI algorithm understands the context and user’s context page, helping it autonomously perform blockchain -based operations.
“The traditional browser has not changed for more than 30 years. We have re-arranged everything,” said donut and CEO founder Chris Zhu. “We are rebuilding the front end of the Internet to be hyper-financialized for AI agents.”
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Donut users get accessible to a range of decentralized crypto tools and services under a single agent interface, which may make digital transactions safer.
“Architecturally isolated sign environments and AI-powered screenings are safe each transaction while optimizing the implementation for speed and cost,” Zhu said, adding that “AI translates the fuzzy calldata into simple English and has assigned safety scores.”
Donut AI agents can trade or change tokens, betting or earn a passive yield with digital ownership.
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Agent agents can reshape on the internet over the next decade
While Donut’s earliest adopters are likely to be crypto merchants, builders or Decentralized Finance (DEFI) Users, agent agents may explode in the mainstream over the next decade.
Within the next five years, Ethereum Layer-2 networks (L2) Do agent agents use to cultivate the costs of regulating. The main browsers will also include agent’s capabilities or build interoperability with browsers that the goal is that AI is getting cheaper, according to Zhu.
However, the most significant adoption will come within the next decade when onchain and offchain environment will perfectly combine for Internet users, Zhu said, adding:
“Agentic browsers have prepared to be the default point of entry – similar to the replaced phones of smartphones.”
In the long run, Donut aims to support payments, plays, content and social contact, all within a single crypto-native browser. The company also plans to use advances in Decentralized identity and Confidential computing To make the browser a personal “crypto CFO” for retail users.
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