New Decentralized AI Marketplace for SMEs Launches
A company called MWX has launched a decentralized AI marketplace aimed at small and medium-sized enterprises (SMEs). The platform features Web2-style checkout but uses on-chain settlement on the Base network, aiming to simplify the user experience of blockchain-based business tools.
- The marketplace was developed by the team behind MediaWave, an established AI-driven digital intelligence platform in Indonesia, and is led by founder and CEO Yose Rizal. - MWX provides SMEs with access to over 20 ready-to-use AI tools for functions like marketing, financial analysis, and operations, with payment options in fiat, stablecoins, or the platform's native MWXT token. - The platform is designed to support "agentic AI," where AI agents can act with autonomy to make decisions and interact with other services on behalf of a user, enabling more complex, automated workflows. - Early adoption efforts in Indonesia have resulted in collaborations with the nation's Ministry of MSMEs, which plans to onboard 100,000 small businesses to the platform. - By utilizing on-chain settlement, the marketplace enables near-instant financial transactions 24/7, which can significantly improve cash flow and reduce the costs and delays of cross-border payments compared to traditional banking systems that take days. - The platform incorporates a native utility token, $MWXT, which is used for transactions and staking; it also features deflationary tokenomics through on-chain buyback and burn mechanisms tied to platform usage. - To further expand its capabilities, MWX has partnered with 4AI, a Web3-focused AI infrastructure platform, to help SMEs deploy and coordinate AI-driven automation across different ecosystems. - The use of a "Web2.5" model aims to simplify user onboarding by combining familiar login and payment experiences with the security and transparency benefits of blockchain, without requiring users to have prior crypto knowledge.
