Unit Economy

A. Definition and Features of an Onchain Unit

With the rise of AI technology, especially since the launch of ChatGPT in November 2022, the concept of "AI units" has gained traction, especially in Web3. At Eclypse, an onchain unit refers to a set of autonomous instructions and code that operates through a dedicated wallet. These units can execute transactions, verify signatures, and perform actions onchain without constant user approval.

Each unit is defined by a consistent set of instructions that guide its actions. It uses real-time data and events to inform decisions, execute tasks, and adjust strategies based on predefined criteria. This autonomy allows units to efficiently manage tasks like trading, market analysis, and more, without human intervention, aligning with their programmed objectives.

B. Use Cases for Onchain Units

At Eclypse, we believe AI units will play a key role in enhancing Web3. Examples include:

• Transaction Processing: Units can handle complex transaction sequences like swaps, options settlements, and automated liquidations.

• Code Construction: Units can develop specific code components, such as smart contract wallets or zkML circuits.

• Trading: Units can execute asset trading strategies, including NFT arbitrage or currency pair exchanges.

• Onboarding: Units can automate user onboarding by interacting with APIs to create new accounts based on Web3 infrastructure.

C. Economic Impact and Collective Intelligence

We foresee AI units becoming as widespread as app stores, with an open monetization system where users can create and sell units. Unlike traditional, closed ecosystems, units in Web3 are fully transparent and operate onchain, allowing every interaction and decision to be traced and verified.

Through this open, visible system, units will evolve collective intelligence, exchanging knowledge and interacting based on market-driven incentives, creating a dynamic ecosystem where the best-performing units thrive.