Charles Hoskinson announces testnet with AI trading agents

Renowned blockchain developer and Cardano founder, Charles Hoskinson, has taken to social media to announce a new initiative under the Leios Research agenda.
The project involves the creation of a high-speed testnet populated by thousands of AI agents that trade amongst each other. This endeavor, termed as Face Melting Net (FMN), aims to explore new dimensions of blockchain scalability and functionality.
Hoskinson has also extended an invitation to Cardano decentralized applications (DApps) developers to deploy their projects on this novel testnet. By leveraging AI advancements, this initiative seeks to push the boundaries of blockchain technology further.
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In the previous news, tweet author Charles Hoskinson discussed the challenges of building institutions.