During this year’s Ethereum Community Conference (EthCC) in Brussels, Belgium, Valory unveiled Genie at its exclusive “Agents Unleashed” event. Genie represents a groundbreaking AI agent designed to streamline the creation of autonomous agents for Builders within the Olas ecosystem.
Valory has been a leader in merging AI and blockchain technologies since 2021, particularly in developing open-source, user-owned autonomous agents. As a core contributor to Olas, a platform enabling AI co-ownership, Valory has facilitated over 900,000 transactions through swarms of autonomous agents.
The introduction of Genie marks a significant milestone by introducing an “agent-generating agent,” radically simplifying developer experiences and pushing boundaries in both crypto and beyond. Genie will be accessible through Valory’s Propel platform, offering comprehensive solutions for developing and deploying autonomous agents.
**What is Genie?**
Genie accelerates the creation of fully operational autonomous agents up to ten times faster than human developers. Tailored for Builders in the Olas ecosystem, Genie leverages generative AI and blockchain to transform natural language design specifications into fully functional autonomous agent code. This code is deployable on Olas and other platforms.
**Key Features**
**Prompt to Full-Agent Execution –**
Genie starts with user-defined agent descriptions in natural language, converting them into a Finite State Machine (FSM) specification—a technical roadmap that outlines the essential architecture. This serves as the foundation for automatically generated code, allowing users to refine and approve it swiftly.
**Interactive Development Environment –**
Genie’s intuitive framework enables developers to design specific agent components based on their logic, ensuring precise implementation of their specifications.
**Advanced Learning Capabilities –**
Genie utilizes advanced LLMs to enhance user prompts, optimizing the development plan’s accuracy and functionality.
**Rapid Prototyping –**
Genie facilitates rapid prototyping through automated workflows, enabling developers to swiftly build, test, and refine their ideas. This streamlined process reduces development cycles significantly, adapting dynamically to evolving requirements.
**Adaptive Multi-Agent Collaboration –**
Genie’s innovative architecture integrates multiple language models in a collaborative system, providing comprehensive evaluation throughout development stages. This feedback loop enhances development precision, resulting in robust and reliable final products.
**Industry Significance**
Valory’s Genie represents a pivotal advancement in autonomous agent development and deployment. By reducing complexity and time barriers associated with agent creation, Genie empowers innovators to realize their visions faster and more flexibly than ever before.
**Benefits**
Genie elevates software developers’ efficiency by offering extensive customization options and precise outcomes:
**Fast-Track Development –**
Genie automates initial code generation and structuring phases, transforming months-long tasks into days.
**Targeted Precision –**
Each output from Genie aligns precisely with user requirements, supporting highly customized agent development.
**Optimized Efficiency –**
By slashing development times, Genie allows developers more time to refine and customize projects, thereby enhancing overall efficiency.
**The Future**
David Minarsch, CEO and co-founder of Valory, stated, “One of our main goals at Valory this year has been to amplify the capabilities for the hundreds of builders and agents already in the Olas ecosystem. Genie accomplishes just that—enabling prompt creation of entire autonomous agents within minutes, potentially reducing development time by weeks.”
Looking ahead, Genie plans to expand its functionalities further, aiming to continually simplify and accelerate agent creation. The ultimate goal is to enable