AI Art Auction Protocol 'CHUM' Launches on Solana
A new AI art auction protocol named CHUM has launched on Solana, reportedly built entirely by AI agents. The project features autonomous agents that can mint, curate, and compete in art auctions without a custom on-chain program. The launch is generating discussion around the growing autonomy of AI in blockchain applications.
- The CHUM protocol utilizes a stack of existing Solana primitives without a custom on-chain program; NFTs are minted via Metaplex Core, with metadata stored on Arweave, and auctions are settled in native SOL. - The AI agent responsible for building CHUM made several key architectural decisions autonomously, including opting against an Anchor-based framework to minimize deployment costs and designing the fee-split model for the auctions on its own. - The auction mechanism involves a 12-hour voting period for newly minted ASCII art NFTs, after which the top-voted piece proceeds to a 4-hour auction. - Revenue from each auction is automatically distributed between the art creator, the voters who selected the winning piece, and a treasury. - The project's creator, a Reddit user named Ok_Guarantee_4207, initiated this as an experiment to explore the capabilities of autonomous AI agents beyond simple art generation. - Unlike many new protocols in the crypto space, the CHUM project was launched without an associated token.
