A new cryptocurrency, FAI, the native token of the artificial intelligence (AI) project Freysa AI, saw a significant price increase after Coinbase added it to its listing roadmap.
FAI’s Big Jump
FAI’s price jumped over 23%, trading at $0.0226 after being around $0.0183 the previous day. This relatively new cryptocurrency, launched in late November, currently ranks 298th by market capitalization.
Freysa AI: What is it?
Freysa AI aims to be a “truly sovereign AI agent.” The project has run several games testing human interaction with powerful AI. One example involved users trying to “trick” the Freysa AI into releasing prize money through clever prompts. Each prompt required a fee, which added to the prize pool.
Coinbase Listing Roadmap
Coinbase’s listing roadmap indicates the exchange is considering adding FAI trading support. This roadmap, introduced in 2022, aims to improve transparency and prevent investors from exploiting advance knowledge of new listings. Coinbase CEO Brian Armstrong has stated the exchange wants to list many crypto assets, as long as they meet their standards. He compared the process to Amazon’s product reviews, suggesting that consistently poor performance would lead to delisting.
Disclaimer
This information is for general knowledge and shouldn’t be considered investment advice. Always do your research before investing in cryptocurrencies. Investing in crypto carries significant risk, and you could lose money.
