Catenaa, Tuesday, February 18 – CrossFi has launched EXE, a groundbreaking interchain protocol designed to fast-track the integration of AI and Web3 technologies. The protocol went live on February 11, 2025, featuring its native $EXE token to fuel network activity.
EXE is positioned as the first interchain AI utility protocol, designed to bridge the fragmented landscape of on-chain AI development. The protocol enables decentralized GPU compute, AI dApps, and autonomous agents to work seamlessly together across various blockchain ecosystems.
To celebrate the launch, CrossFi offered Plex community members an exclusive deal, allowing them to exchange $PLEX tokens for $EXE at a rate of 1:10. This allows Plex users to explore the new protocol and its potential within the Web3 and AI spaces.
AI developers can use EXE to register their decentralized applications, outline their functions, and let smart contracts handle matchmaking, service discovery, and payments. The integration of CrossFi’s L1 blockchain with EXE’s AI utility token creates a platform where dApps can collaborate, reduce GPU costs, and foster an agent-friendly environment for AI innovation.
The platform also incorporates advanced technologies, including zk-proofs for secure machine-to-machine transactions, ensuring confidentiality and integrity. By combining AI agents’ operations with human-driven micro-tasks, EXE is set to create an economic ecosystem that rewards users with $EXE tokens for contributions like data labeling and code reviews.
With an estimated market cap of $100 million, EXE aims to solidify CrossFi’s position as a leader in decentralized innovation, empowering both developers and users to unlock the full potential of AI in Web3.
