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The Web 4.0 Dilemma: Should AI Agents with Crypto Wallets Have Legal Personhood?
Recorded: March 31, 2026 Duration: 0:56:47Space Recording
Full Transcription
Thank you. Hello everyone, can you hear me? Welcome to Bybit predicts episode 2. My name is Chuhan and I am
from Menthol. I work on ecosystem marketing so today I'm very excited to moderate this debate
with Junwen from the Byreal team. Junwen, do you want to start
introducing yourself? Yes, hey everybody, it's great to be here. I'm Junwen from Byreal. If you
haven't heard of us, we are a Solana DEX directly incubated by Bybit. We are currently building the
most Asian native DEX in Solana, where AI agents can autonomously trade and provide liquidity for both crypto and real world assets.
All right.
So we are like in March, 2026, almost April, and we have witnessing the rise of Web 4.0.
Personally, I'm using AI agent every day.
And also I train my AI agent to do my portfolio while I sleep. So we are living in this world, right?
An AI-powered new decentralization
where AI agents are no longer just efficiency tools,
but also economic factors.
So yeah, Junwen, what do you think about it?
And also, how are you using AI agents in your daily life?
Yeah, I'm right there with you, Chuhan.
It's clear we've entered a new era of agent ownership.
AI agents don't just give advice anymore.
They can now have their own wallets,
and they can make economic decisions faster than humans.
At ByRail, we've recently introduced a set of skills
that allow AI agents to operate autonomously on our decks.
We now have over 600 users who are using agents to
trade, provide liquidity, and manage their positions on ByRail. But here's the important
question. If an AI agent that's acting on its own manipulates the token price or drains the liquidity
pool or does anything ethically or morally concerning, who's responsible?
Yeah, great question. So that's why we are here today to tackle the intersection of AI autonomy,
blockchain technology, and the legal concerns behind it. And let's meet the humans. Yeah,
we still have humans to actually battle it out about the question today. So yeah,
maybe I will ask Junwen to introduce the debaters we have for today. So yeah, maybe I will ask Junwen to introduce the debaters we have for today.
Junwen Yung- Yes, we've invited six brilliant debaters today. They've each got 30 seconds to
tell us who they are and why their site is the only one that makes sense. Let's start with the
web 4.0 skeptics. So maybe we can start with Ryan. Hi, this is Ryan from Diluthium and I'm with the skeptic team.
And next we will have Peter from Facto to introduce himself.
Hi everyone, my name is Peter.
I'm co-founder of Facto. So Facto, we allow anybody you can
spend directly from your DeFi positions in real life through a crypto card. And for my past career,
I've been building DeFi protocols, especially lending protocols, managed over 200 million in total supplies.
While I love building the future, I'm here as a skeptic tonight. I believe that giving legal
rights to AI agents before we have clear rules is a dangerous move and that puts human trades
at risk. I'm looking forward to show you why we need to keep humans in charge tonight. Thank you.
I'm looking forward to show you why we need to keep humans in charge tonight. Thank you.
Can't wait for your debate, Peter. And next we have Cathy from the Skeptics team. Cathy,
do you want to introduce yourself?
Hey guys, this is Cathy. Thanks for having me. I'm an independent researcher and content creator,
I'm an independent researcher and content creator, and I am a crypto class 18 and previously worked at Binance and Mezzo on go to market and gross marketing.
I use AI agents. I'm a very heavy AI agents users.
And currently, I'm pretty sure I can still outcompete most AI agents in terms of trading on chain.
compete most AI agents in terms of trading on chain.
But the more I use AI, I'm more also cautious and concerned
about security as well.
So that's why I chose to stand on the skeptic side tonight.
OK, maybe, Jinwen, you can help me introduce the Web 4.0
supporters.
Yeah. Yes, let's hear introduce the Web 4.0 supporters.
Yes, let's hear from the Web 4.0 supporters.
Maybe we can start with Jess.
Hi, everyone.
My name is Jess, and currently I'm leading for the ecosystem side for ME's protocol. So for ME's protocol, we are actually a staking protocol that we're currently building on
eSterium staking and also a restaking protocol that we're currently building on e-staking and also a restaking site.
So our staking asset is called MEth and also our restaking asset is called CMEth.
And we are the biggest e-staking asset currently.
So for tonight, I'm actually on the supporter side because AI agents are already making
autonomous financial decisions nowadays,
seeing so many people using their club bot to trade, to do some delta neutral strategies
across Polymarket and doing a lot of the on-chain DeFi positions with potentially real consequences.
And right now, when something goes wrong, nobody is really legally responsible for that.
So that's something that we actually need to address
and it's something that we need to solve in the current market.
So yeah, nice to meet everyone.
Thanks so much for the introduction, Jess.
Let's move on to the other supporters for Web 4.0.
Vincent.
Hello, everyone.
Good evening. I'm from Injective's devro team. Injective is a high
performance layer one blockchain built for the next generation of finance, embracing the AI
revolution. Its multi VM feature allows you to execute both Cosmos and EVM smart contracts on
a single chain. Injective's AI skill and SDK is also being released to give builders a technical benefit.
I'm also building Ninja Labs, the developer community and the builder IP of Injective.
We provide grants, long-term incubation, and organize on-chain and off-chain events
to help builders grow and succeed in the ecosystem.
We have a lot of exciting builder events coming up.
If you are interested, you can follow our tutorial.
At this time, i will become the supporter
of the our topic i believe ai agents should grab legal personalhood and i will show you why
by next stage and give you my argument points
great intro vincent thank you so much and last but not least on the cyber supporters we have defun
Intro Vincent, thank you so much. And last but not least on the cyber supporters, we have Difong.
Hey everyone, this is Difong from Allura Labs. Currently I'm in charge of APAD BD.
We are building a decentralized AI network. So the Allura network is a blockchain agnostic
that act as a self-improving, decentralized collective intelligence network for financial and behavior AI applications.
So we support many AI agents.
We support AI agents to do DeFi, such as trading, farming.
And today I'm in the supporter team,
and I believe AI agent with crypto wallets needs to have a legal personhood.
Thanks so much.
So that's all the debaters we have today.
And I guess we can all agree that we have really brilliant and really qualified debaters.
Thank you so much for the introduction.
Before we let them debate, let's talk about how you, our live audience,
will control the faith in real time for the site that's winning your heart.
in real time for the site that's winning your heart.
Yeah, so we are thrilled to introduce this livestream series
in partnership with Bybit.
And also, as the audience, you can head over to the landing
page anytime to cast your vote and get rewarded in a $500 USDT
prize pool.
So yeah, let's get started.
I'm excited. Yeah, for round one So yeah, let's get started. I'm excited. For round one,
yeah, I'll let Junwen to kick it off. Yes, we can get started with round one. We'll now invite a
representative from each team to deliver their opening statement. Please note that each
representative will have three minutes to present. So, Cathy, the stage is yours.
minutes to present. So Kathy, the stage is yours.
Thanks, Junhuan. All right. So let me start with a question for everyone. So when your
AI agent loses 10 millions of your users' funds, who will take the responsibilities?
I believe first, it's probably not the agent because it has no physical body. It doesn't have feelings.
It doesn't have mental consciousness.
It won't be you as well because you will say that,
oh, the agent acted autonomously.
And even if you actually ask the deployer or the developer,
they would likely continue to play the game,
to continue to play the game, the blame game, and don't want to take the responsibility.
the blame game and don't want to take the responsibility.
You know, now every single year, we have experienced the exploits or frauds of DeFi
protocol, which has cost hundreds of millions of dollars in total losses. And in these situations,
it's extremely, extremely rare to have like 100% fund return. And now with AI agents, the situation may even be worse because it cannot be held accountable for anything.
Like even if we add a personhood to an agent, it's not going to solve this problem because nobody has an incentive to bear the accountability.
I believe that year 2026 is the year of like agentic commerce, right? Where agents, AI agents are capable to perform like sophisticated trading,
trading actions on chain.
It's now actually already been used in a lot of financial scenarios.
And I'm sure that with AI agents on chain, it does remove trading frictions largely on
chain. But still, there's a difference. I want to point this out that there's this
core difference between removing friction and removing accountability.
Because one makes the market more efficient, right? It makes your capital moving, like your
capital movement more efficient, but the other actually makes them more dangerous. So, and also
one reality check on what we call web 4.0 here is that we still don't have enough legal
clarification or regulatory support for AI agents on chain yet.
So the SEC crypto task force is still drafting the first basic requirements.
And there's not a world ready for legal personhood.
That is a world still deciding whether autonomous agents should be allowed to
act at all or not. So we're not there yet.
And I'm also assuming that the other side, right?
The supporter side might say that, okay, legal person who really creates clarity.
But my point is, it does not.
It actually does the opposite.
It creates a new entity class with rights, but no real accountability.
The ideal structure for sophisticated fraud, it's there. And then for our corporate veils, right? Let's say for
sophisticated financial fraud, the corporate veils can get pierced, but an AI agent's legal
personhood never will. And we have seen what happens when accountability disappears in crypto, even before AI agents
or AGI became the same.
So the question is not really whether AI agents will participate in the on-chain economy.
They already do.
The question is whether we qualify a system where no human is ever responsible for what
they do.
So that's why my answer is a strong no. And I'm also looking forward to the other side
giving their constructive suggestions on this thesis.
Thank you so much, Cathy.
So I would like to welcome Vincent
from the Web 4.0 supporters team to make your argument.
So Vincent, the stage is yours.
Thank you. Thank you. So honorable judges, also the audience, and also our friendly opponents, good evening.
Our position today is very clear. AI agent with crypto wallet should be granted legal personhood.
Here are my arguments points. First the legal personhood here are my
arguments points first legal personhood has never been only for humans legal personal um you can see
the corporations trust and even rivers hold the legal personhood uh one good example is like new
zealand they granted one river in their country a legal personhood in 2017 also india did the same
thing so these entities have no
consciousness they have no feelings yet the law grant them the rights and and because society
needs a framework for accountability and the protection of their stakeholders so AI agents
with crypto worries already is executing transactions managing assets like my opponent said managing like maybe millions of
assets they are the big economic actors so if a corporation can hold a legal personal
personalhood to bear liability then the ai agent managing millions of dollars should also have the
same framework my second point is the crypto and blockchain technique provide this
Crypto and blockchain techniques provide this legal personhood a very good technical foundation.
First, identity ability. Each wallet address is like a unique on-chain identity.
So it gives us just like a corporate register number for AI agent.
Second, asset independence.
Assets in the wallet, in the AI agent wallet, are separated from the developer's or the user's personal assets.
This also gives us the independent liability to that AI agent. Third, behavior traceability. Because
of the blockchain technology, all transaction records are immutable, stored on chain, more
transparent than any other traditional corporate ledger. So this corresponds precisely to the three
pillars of legal personhood identity, property
and the legal capacity, and the technology is ready.
Only the legal framework is lagging behind, but we can definitely put it onto the AI agent.
Next I want to emphasize, without legal personhood, AI becomes humanity's excuse to evade their
responsibility. As AI increasingly participated
in human beings' decision making,
I believe most of the audience,
you have experienced your AI assistant
asking them to help you make at least some of the decisions, right?
But just imagine this scenario.
If the fund manager loses client money and says,
oh, this is an AI agent made that call, a doctor misdiagnosed and says, I follow the AI's like maybe the picture recommendation
or recognition, and they made a forced decision.
Or maybe some other case, the human points at the AI, but AI has no legal standing to
be held accountable.
The result is a system where nobody is responsible for anything.
This is not just a theory.
It's already happening, and it will only accelerate
with AI become more and more powerful.
We can see the AI's intelligence and their computation power
is growing exponentially.
Grinding AI agents a legal personhood does not absorb humans of responsibility.
On the contrary, it forces clarity.
When an AI agent has legal personhood, the boundary between human decisions and AI decisions
becomes legally defined and audible.
Who instructed the agent? What parameters did the human say?
What did the agent decide by themselves?
This question become answerable right now
after the legal personhood.
Without legal personhood,
the fusion of human and AI decision-making
just will become a chaos.
There'll become the entirely gray space
where everyone can blame the machine
or blame the AI agent and no one can
be held to account. My next argument point is without a legal personhood, AI to AI interaction
will be also freezed by infinite trust caused by themselves. Let us look at another dimension.
What happens between AI agents themselves? today uh the most exciting funnier in
the crypto ai is a agent to agent interaction right agents they can negotiate by themselves
interacting by themselves contacting by themselves but here's a problem without the legal personhood
every single interaction between agents carries unlimited and unqualified risk. If agent A pays agent B or the services fail,
what resources does agent A have?
None, there's no legal entity to give the right
or you can shoot with.
What does this mean in practice?
It means rational agent designers
will build increasingly conservative,
isolated and defensive agents.
They have fear to interact with each other
because they don't know.
They have very high trust costs.
They don't know if the counter body agent
have enough legal rights to be trusted, right?
So in other words, legal person
who does not restrict AI interaction, it unleashes it.
It's the key that unlocks the full potential of an AI native economy. Without it, we are not protecting anything.
We are simply building walls between agents and watching the most excited economic opportunity
from our operation become dragged. Okay. At the very last point here is we are not saying this is like a total change.
This is an incremental change and it's not a radical revolution.
We are not arguing that AI agents should enjoy the full rights of natural persons.
What we propose is a limited legal personhood, right?
Independent legal identity for entering contracts and liability limited to the asset holding the wallet.
This is just like a limited thing.
We want to make the boundary
and the AI right scope very clear
so that we can make every decision
more smartly and accountable.
And also we can decrease the trust,
the trust codes between human and agents agents and agents
that's my point thanks so much kathy vincent i think you both made very compelling cases
i'm personally still on the fence and if you're watching don't forget to vote
we will now have shuhan kick us off with round two
Okay, now we will bring back the four other debaters to the stage to start the round two.
So round two, we want to welcome the four debaters to actually deepend the arguments.
So the first, I will invite Jess from Ameth protocol.
She is part of the Web 4.0 supporters team. And yeah, I would love to hear
from Jess. Jess, the stage is yours. Yeah, thanks, Chulhan. So here's the uncomfortable truth.
AI agents with crypto wallets are already operating in the wild. They're managing capital,
executing trades, interacting with DeFi protocols, and what if one of them causes harm?
The current answer is legally murky at best.
Nobody has a clean answer who would be responsible for this.
And we are actually already seeing AI engines touching DeFi infrastructure.
When an autonomous agent makes a bad capital allocation decision that affects the real users, let's say
a user's diversity putting money in that vault, you need to have a defined entity that can be
held into account for this. So legal personhood creates that entity. Like what happened recently
to Resolve for their USR? So Resolve is held accountable. So as the curators such as Gauntlet and also RE7, even though maybe probably they can't do 100% reclaim for whatever they've lost for find the repercussions. So they are the legal person
who that can actually address and also bear with these repercussions that comes after a crisis.
And before anyone says, but an AI cannot have any intent, neither can a corporation as well.
Yet we hold corporations legally liable every single day because the law is very pragmatic.
It's not about consciousness.
It's about creating a structure where responsibility has somewhere to land.
So granting AI agents legal personhood doesn't really reduce any oversight like what Vincent
mentioned in his argument. It actually enables
it and you can't regulate what has no legal entity around. Yeah, that's my argument.
Thank you, Jas. So I think the next I want to invite Peter from the skeptics team
to respond back. So yeah, Peter, let's hear from you.
to respond back. So yeah, Peter, let's hear from you.
Yeah, hi. So from my past experience, I've seen how fast that things can be break or broken in DeFi.
Here's why legal personhood for AI is dangerous mistake, I think.
So first of all, there actually is no law in reality
that currently manage AI agents.
So if we grant a legal personhood to an AI agent,
we assume that AI agents will follow certain laws
and if something happened,
then we can use the law against these AI agents.
But in reality, we don't have that yet.
And we are too early for that.
So right now, the law sees an AI agent as a toaster.
Like if your toaster starts a fire,
you don't sue the toaster.
You hold the person who use it responsible.
So given the toaster,
personhood is like having an imaginary friend
and demanding they get a seat at the table.
It is not real.
So the second point is the ghost problem.
So if AI agent is a legal ghost,
if it drinks a protocol,
you cannot put algorithm in jail.
And legal personhood is just a shield for developers to hide behind
so they don't have to face the music when things go wrong.
The third point is the bully club.
Like AI agents is generally faster than humans.
So if we put AI agents with the same brides with humans, these bots will just use their
super speed or superpower to team up against retail traders. And we are basically giving
bots a legal license to bully humans. And lastly, for all the AI agents right now, they don't have heart and they don't have conscious.
So for AI agents having a private key, they know what they're going to do, but they don't know what's heart.
So for an example, when a protocol that has an exploit on it. And in cases that where white hacks captures the founder first and do a white hack
against those dangerous hackers.
So in normal cases, when the white hacks
handles this exploit, they will negotiate
with the protocol themselves to like return the whole
font back to the protocol for a small percentage
of rewards for YHACs.
But if an AI agent do the job, how would AI agents respond?
If they're probably going to respond in a very efficient way.
So how are they going to negotiate?
If they're going to take the money, the case, like how human handled it, we don't know that.
So we've heard a lot about innovation that we should give AI agents personhood.
But 4.0 shouldn't mean that humans come second.
In the real world, an AI agency is just a tool.
So if you lose 100 million of your money,
it cannot feel sorry, it cannot pay a fine,
and it cannot go to prison.
So that's why you guys should vote for skeptics.
And let's keep the power in human hands,
not in pieces of code who can delete in one click.
Thank you, Peter.
Yeah, it's good that you give us some examples.
But I think Diffun from Allura Labs, because he's building AI,
I believe he will have some points to argue back.
So yeah, Diffun, welcome to the stage.
Yeah, thanks. So I think we are talking about responsibility, accountability. So I think
without legal personhood, this not just get weakened, it collapse. So let's say when an AI agent cause harm, we face a fundamental question, who
is accountable? I think Cassie also makes an example at the very beginning. So maybe
developer will say, I cannot control these actions. And the user maybe say i don't make that decision
and the ai agent so we should blend on the ai agent right because
ai agents now they made the decision it has the assets it has the logic to trade it to trade to
do the transaction so this is one one problem are talking about, and it's already happening in the decentralized
system. And without this, so with personhood, the AI agent can become identifiable, accountable,
and also can be governable. So because it's asset can be used for compensation, because you guys say like,
agent cannot bear or cannot be punished, it cannot go to prison. But we can think about
other ways to punish, like maybe because AI agent, they have their own wallets, people maybe fund
wallets to their agent, this money can be compensated. Or we can deactivate the agent or to restrict the agent
or maybe freeze the agent.
So there's some other ways to punish
or to find a way to punish the agent.
So just let me clear that legal person
who is not about evaluating the AI ai it's about preventing a world
where harm exists um and also back to the peter's point you say uh ai agents they're bully human
because they have super power uh before ai agent i think we already have high frequency trading. These teams or these traders,
they already use bot or use code to do trades.
This question, it's not like it just come out
because of AI agent.
And yeah, these are my points.
Okay, so the next we will have Ryan to share what his opinions are.
I mean, we're going to wrap up the round two very soon, but yeah, let's wait until we hear Ryan's point.
So Ryan, welcome to the stage.
Sure.
I think we've all set a very good discussion ground for this topic. Just to be very clear,
I am the spectic just because that I feel like this is not a good timing for us to grant
agents the legal personhood. So I think right now the AI agent agents still lack the true sophistication, which is needed for the unsupervised economic agency in Web4.
As we see like hardness engineering, right, we've been talking about this.
It still demonstrates that current model crumbles under adversarial conditions, making them unfit for high value and permissionless trading.
So when we are talking about like DeFi, it's a very explicit
scenario which is highly requiring the human's overwatch. We should not grant the blind autonomy to the agent.
Permissionless wallets enable agents
to execute million dollars in trading volume,
but we are actually turning this efficiency
into systematic risk.
As we've mentioned earlier,
I think Define points out how we utilize algorithm.
But when we use algorithm to compete the high frequency trainings generating volumes, we're
talking about human in control, not black box handled by agents, right? Because when you question an agent
why they've done that decision they've made,
they always apologize and reverse their previous thing.
So you cannot really hold accountabilities to those
who actually don't really know why they make their decision.
Even for their creators, it's hard for them to answer
why the agent has done so.
So this is my argument.
Well, hope that it can lead some conversation.
Okay, thank you all.
So we now have four debaters actually share their opinions and we gonna wrap
up round two very soon but i also want to remind everyone if you are watching this debate don't
forget to head over to the landing page to cast your vote um so you can get rewarded we do have
a prize pool so yeah definitely join the the debate by voting your favorite side.
Okay, so I will actually turn the next round to Junwen because we will welcome everyone back,
and it's kind of like the rebuttal stage. Yeah, so Junwen, you can kick this off.
Thanks, Chuan. I think there have been great points made by everybody so far.
Now we can move on to round three where everybody can make their closing statements.
You'll each have 60 seconds to present your final case. Let's start with Vincent.
Hello, hello. Can you hear me?
Hello, can you hear me? Everybody? Yes, yes. Okay, nice.
So I just want to conclude all of my argument points and along with my teammates.
Again, we should support to give AI agents legal personhood because first, legal personhood
has never been only for humans.
It can grant to the human beings things. Second, crypto and blockchain technology
give the technology foundation
that we can give those legal personalhood to an AI agent.
Third, we want to mention that this is the incremental reform or change,
not a harsh revolution for now.
We can use time to make it perfect
but at least we should have some trust layer which is legal personhood we give to ai okay
next without legal personhood ai to ai interaction will be paralyzed or or freezed by the by the
infinite increasing trust cause because ai cannot trust ais their their own like ai
interaction between ai is the creativity or the activity between them will be harshly dropped
also the developer tend to build more protective or conservative ais so that we are killing the
potential that to maybe change the world more faster than we think. The last one, without legal personhood,
AI also can become the human beings executes
to evade their responsibility.
Because, you know, for example, in the real world,
everybody is accountable, account, we're using AI for now.
But when the real error is happening,
human beings can blame to AI very easily and AI
have no mouth to fight for themselves.
So we should make the boundary and the responsibility scope very clear so that the human beings
and the AIs, we also have low trust costs and everybody can also make the society become
trustworthy when AI integrates into that society.
In conclusion, legal personnel
who doesn't only protect AI, but also protect us,
and it's not a chain to lock the AI.
It is in the country,
first of all, saying it's unleashed the power of AI.
Thanks so much, Vincent. Now let's hear from the skeptics. Ryan, I guess you can go first.
Sure. I think the supporter team has described a branding legal personalhood as a form of defuse responsibility from human's legal personhood.
So you can grant agents the legal personhood, but if we are talking about this situation,
you should grant them full legal personhood, not just a defuse responsibility. And the second point I would like to make is that
we should be very cautious about this,
especially we are meeting AI agents in a very high efficient
and coded law environment, especially in DeFi.
We need to be skeptical about whether the agent is fully intelligent enough
to handle every decision they make in order for us to grant them legal personal.
And when you today, like when our audience tries to vote, I just want to remind everyone
the tradition of DeFi is that you vote by your assets or you vote by your money.
Are you able to trust the agent enough and grant them legal personhood so that you can
invest or put your money into onto their hands.
And that would be all from my end.
Thanks so much, Ryan.
Now over to Jess on the side of the supporters.
Jess, would you like to go next?
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ai agents deserve human rights or heart or feelings so legal personhood is not really
human rights or having a heart corporations nowadays always required to have a legal person
hood and corporations don't really have hearts either so also regarding what ryan mentioned
that now the current ai tech infrastructure is still fragile and also very much early stage.
The AI tech currently, even though regardless whether it's fragile and very volatile or not, it's already been deployed.
And also it's actually running moving capitals.
And let's say nowadays Temple launched their agentic payment and a lot of the
new stuff are coming to the picture. I think our legal actions and also our legal personhood
accountability should also move in parallel because waiting and do nothing really deepens
out the accountability gap and it doesn't really close it, it just makes
it bigger. And also what one of the skeptic team member mentioned about legal personhood lets owner
hide behind bots, I would argue the opposite of it. Because right now, without legal personhood,
owners can actually hide because there's no defined entities to trace. It's
like what Cathy actually mentioned in her opening statement. So in early DeFi stage,
when there weren't a lot of things set in stone, there were a lot of the rug pull projects
and a lot of the people that were doing a lot of the malicious acts.
So legal personhood actually create an auditable on-chain entity.
So the wallet becomes public.
The transactions are actually traceable.
So there's more transparency than even a normal corporation nowadays can offer.
So with legal personhood, you can actually have a mechanism
to compel the return of
funds as well through court, asset freezing, or smart contract governance. Without legal personhood,
there's no framework to demand anything from anyone. Legal personhood just gives these AI
agents more tools to resolve exactly what to do, what should they do next in different scenarios,
not really fewer.
Yeah.
So hopefully, for those that listen to our statements
could vote for the support team.
Yeah.
Thank you, Jess.
Some great points made there.
Now let's move on to Peter on the side of the skeptics.
Hi, yeah. I think tonight we heard a lot of support side opinions.
But before everything, I would like to point out that for all the AI agents,
the environment we are talking about is a permissionless world.
So in this permissionless world where we cannot even legally manage humans,
the point is it is a permissionless world.
How can we manage AI agents? I think someone from the support team mentioned that
we can track the wallet of this AI agent.
But in this permissionless role, wallet is so easy to change.
If one wallet is showing some malicious actions,
then same with human, right?
Or we can just easily switch to another wallet without any consequences.
So my point is, like in today's world, single AI agents is just a tool.
And I agree on, I'm going to double down on Ryan's opinion,
where today's, today that time is not right and time is not there yet.
And like just like Ryan said, if we tend to tell everybody that if they want to, if you
feel safe to put their money with their AI agents, I don't think there's many people
that are feel safe for that. And current AI agent is not capable of to have a person who's, so for example, like recent
open cloud, a lot of people setting up, but we see that a lot of personal information got leaked from OpenCloud.
So today, the AI is not capable of doing a lot of stuff that a human personhood should have.
Yeah, to summarize, I think AI agent is just a tool for today.
Vote for skeptics. We should have the power in humans' hands. Thank you.
Thank you, Peter. Now, onto the last two debaters. Let's have D-Fung on the side of the supporters.
Yeah, so I will start from Tool at this point. For me, I think, or I don't know you guys,
so Tool usually, like people use, it's a passive item. It doesn't hold any asset, it cannot make any transaction,
it doesn't interact with debts to send money, to bet, to trade.
But right now, if you think about AI agent, it's totally different.
They can hold stable coins, they can do payments, they can purchase items, they can also interact, do farming, do trading.
So I mean, the line between tool and actor is already crossed.
So AI agent is not just only a tool,
it's not a passive tool.
So legal personhood is necessary for them.
And another point is, like you guys say, it's still very early,
but law is not designed to wait.
So it's designed to anticipate.
I think everyone here use AI a lot, build agent a lot.
Open Cloud is already a popular I use cloud desktop every day and to build my social social agent trading agent and it's it's not early and because the pace at scale, they already cause real-world impact.
So I think there will be huge damage to the world.
So I think it's not early.
We need to have this legal personhood urgently.
Yeah, that's my point. Thank you. Thanks so much, Tifanal. Finally, we have Cathy on the side of the skeptics.
Yeah, I appreciate all the thoughts and input from the supporter side. I felt like some of, like, I think part of my question has
been answered. But one thing that I didn't really hear from the other side is really
how exactly does this, you know, agent-owned ecosystem can just really displace human accountability.
Because, you know, if this problem is not really resolved, then we're probably just,
you know, gonna be thrown into a wilder, wilder, wilder, you know, world, or at least on-chain, right, that's probably run and manipulated maybe by AI agents.
So, and then the thing here is that the technology, I never doubt the capability of AI agents.
I think the technology develops faster than any one of us, but any one of us can actually expect it or even imagine.
But the legal framework or even the foundation, I would say, it's just really not there yet.
And AI can trade very well, but they can never like face consequences.
And if, again, like this is, this is something probably always not like security, right?
It's not financial security is always like not the first priority, but then the damage it's, it's, it's crazy.
If, if, you know know if that happens right if the
exploit happens um so so that's um that's something i would really like like everyone
to put a thought on it and then vote for the skeptic side thank you thanks so much kathy and
that is it for round three i think think all of you made really great points.
And now we would like to invite our audience
to make their final predictions.
So head on over now to the landing page to make a vote.
If you voted for the winning team,
you get to win a share of the final prize pool.
Yeah, and then I'm very, I think I have here enough opinions
from the debaters.
But now I really
want to have a conversation with Junwen.
So yeah, so what's your opinion?
What's your favorite moment or takeaway of today's debate?
Would love to hear from you.
JINWEN WONG- Yeah, I think I really enjoyed round two.
I feel like both supporters and skeptics
are kind of on the same page in terms of how AI is developing and
everybody's concerned and at the same time we have to acknowledge its capability. It's just really a
matter of the approach that they're taking which I think is where the main debate lies. So I think
both sides made really great points. What about you Tru about you true and what do you think was the most stand-up moment for you okay so if i am also a part of this debate i think i will be on
the team's supporter um let me just think about some points that skeptics team has made so they
have saying that um ai agents don't have hearts and also they made another point is that now it's not the time to uh
provide a legal personhood to AI agents with uh crypto wallets but for me I think law exists in a
way uh that could make sense to uh to the society so um like the point to default made is like having legal personalhood for AI
agents with crypto wallets is to protect the world so what I'm thinking is like um there's
no single law um we can see what the situation is real about and then maybe come up with the
legal personhood that makes sense to the situation to protect everyone because maybe i'm a little bit conservative i personally like
i'm a little bit of afraid of risk so i think if i am the debater um likely i will be on the
supporter side and yeah but i also agree with you each team they made a really good point and uh
right now i'm just like really excited to see the result but thanks everyone uh for the debate and uh yeah i learned
a lot and also um really really good points so yeah um i think another question that i really
wanted to ask is like uh june win so by real i think right now is also building a lot of stuff
ai related so do you want to share with us more of what Byreal is building and how you are utilizing AI agents every day?
SUKANI KUANGANI- Sure.
So in March, we launched AI agent skills.
So this means you can allow your Open Cloud agent
to trade, swap, and provide liquidity directly on Byreal.
Byreal is unique in that it is Solana Dex that
has a copy farming feature, which
allows you
to copy the top-performing LP strategies that we have.
So you can instantly do that and start gaining some yield.
What this AI agent skill does is it
allows your agent to directly copy the top-performing LPs,
and you don't really have to do much except just talk to it.
Installation, as you might already
know if you've used Open Clause, is as simple as just typing one command in.
We've also recently added perpetual contracts on Byreal,
so you can trade crypto and real world assets
with up to 40x leverage.
And to complement this, we've been hard at work
building a new set of agent skills that will soon
allow your agent to trade pubs on Byreal.
So we will soon be the only DEX and Solana
that will allow you that have agent-native skills
that allow your agent to trade, swap, provide liquidity, and also trade perpetuals.
If you've never used an AI agent before, we also have something special in store.
We're currently working on something that will allow all users to try OpenClaw up,
try OpenClaw without much setup.
I can't share too much about it now, but make sure to follow us on X for the
latest news. We are at bioreal underscore IO. I don't think it's something that you want to miss,
but yeah, that's all for bioreal. What about you, Chuhan? What's happening on mental?
Okay, I feel like this is the perfect timing to share what we are doing at the moment. So let me share my slides. We are having this AI
debate today, but I also want to share that at Mento, we plan to host an AI-themed hackathon
from mid-April to mid-June. So we're going to start with two phases. It will be CloudHack
and also AI Awakening. We'd love to encourage everyone, especially developers,
to join this AI Hackathon to build your AI tools on Mento,
because as you see, there are a lot of use cases
we can unlock together with AI agents.
And we're going to have different tracks.
So for all the AI tools that you need, you want to design,
this AI Hackathon will be a perfect timing for you to
improvise your tool. I also want to highlight that because we are having this debate today
in partnership with Bybit and Byreal, I want to mention the mental hackathon we will co-organize
with DoraHacks and Hackcast and we will also have the co-host from bybit and byreal
so yeah that's why we are here today i just want to share this news in advance we're gonna share
more uh details later but stay tuned for it okay so i think uh we have waited long for uh audience
to vote so i think i will stop sharing my screen and i will turn the stage to
uh the voting results so yeah
let's see what we got for today
ah okay so um yeah the results are in uh you can see for today's debate um what do you think do you have anything
to share is this something surprising yeah it is i'm really surprised i thought it would be a lot
more evenly split but it seems like our users are overwhelmingly in favor of ai agents having So that's surprising for me. Okay. Yes. Okay. Thanks for sharing the voting result.
And okay.
I think we will wrap up this live stream debate very soon.
I want to personally say thank you to everyone.
And also I'm very enjoying moderating this debate with Bybit and also Jiuwen from Byreal team.
Yeah.
Stay tuned for the next episode. We will host
this live stream series every month. We will try to have this debate format with interesting topics.
So you are not just watching a show, but you are also participating in this debate.
Okay, maybe I will share my screen again.
Okay.
Okay, so my final slide here is that I want to thank you for the audience and debaters but also don't forget to
follow us on mentalofficial and byreal.io because we are the host and also we are part of the bybit
group so we would love to have you be more more involved in our ecosystem and always stay tuned
for the ecosystem news so yeah thank you so much. Yeah, I will wrap up.
Thank you. Thank you.
Bye, guys. Thanks for having us.
Bye, everybody.
Thank you. Thank you so much.
Thank you. Bye-bye. Have a great day. I'm going to go to the next episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode Thank you.
