what's Nevermined?

Nevermined is a decentralized infrastructure platform designed to enable seamless payments and commerce for AI agents and applications. It provides tools for monetizing AI through flexible billing models, licensing, and real-time settlements using blockchain technology. By integrating Web3 elements like cryptocurrencies and smart contracts, Nevermined acts as a "PayPal for AI," facilitating AI-to-AI transactions without traditional intermediaries. The platform supports developers in creating revenue streams for AI services, including usage tracking, credit systems, and automated payments. It leverages decentralized networks to ensure secure, transparent, and efficient exchanges in the growing AI economy, addressing challenges in agent autonomy and interoperability. Nevermined's architecture includes APIs for easy integration, allowing AI builders to deploy payment rails alongside their models. This fosters an ecosystem where AI agents can independently engage in commerce, from data access to computational resources, all settled on-chain for verifiability and low friction.

Nevermined demos agentic apps at Privy's Developer Town Hall with bankrbot and glider_fi.