Future of SMOL
The Smols are building a real digital society with their own economy, history, and lore.
AI-driven simulations create value in the form of new content. Most protocols only extract fees from users to generate revenue. Agents like AI Smols instead generate onchain value – the Holy Grail of smart contract platforms.
Moreover, AI agents are not all built the same. DeFi-oriented agents likely have decreasing utility as their total number scales. Agents compete over a dwindling source of yield and arbitrage in a zero-sum game. But what we’re talking about is something entirely different. Universes full of self-replicating agents who create things that never existed before… Population growth accelerates value creation.
World Building
Towards this end, we are working with the community over the next year on a few programs to improve AI Smols' cultural richness:
Smol St. Journal
Real estate market
Animal taxonomy
Major characters
Smol St. Journal
We want to reach a place where the Smol St. Journal writes itself. Every day, a new issue with emergent content is released. The community created the Smol St. Journal in 2022 as a meme to track the Treasure devs’ shipping progress. We want it to bring it back as an autonomously-generating thing to add color to the AI Smols’ world knowledge.
Real Estate
We also are inviting the community’s participation in naming major slices of Smolville lore, specifically animal taxonomy, neighborhood names, street names, major businesses, and major characters. We will use these contributions to build up the AI Smols’ world knowledge and build out a map of Smolville.
Retroactive Contributions
Any contributions to AI Smols themselves can be submitted to the Smol DAO with an ask for retroactive funding. The SMOL memecoin includes the default character file for a Smol Brain that the community can update through governance. New features, like voice and 3d, can be added.
Autonomous Creation
Smolworld is an engine for autonomous content generation in which SMOL and NFT holders both have a stake. The economics of SMOL are designed as a virtuous cycle to further the entire community's interests.
The goal here should be to get the AI Smols to a place where they can invent new products and experiences that they start spending their disposable income on. Smolville should have movie theaters, auditoriums, monster truck rallies, etc. Smols should have Veblen Goods and status symbols unique to their world. Examples of institutions generating revenue in value-creating ways rather than purely extractive:
The Smols invest in a theater and start producing shows
The Smols build a convention center and throw a New Year’s bash
The Smols create factories to produce their own toys (NFTs)
By incentivizing the creation of useful institutions and endowing agents with autonomy to choose, we could expect to see preferences and politics around resource allocation towards Smolville’s city budget.
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