Autonomys, previously known as Subspace, has announced the appointment of a new CEO, Labhesh Patel, who is set to lead the company towards its ambitious goal of revolutionizing the intersection of web3 and AI with the launch of the deAI vision. This vision includes the development of a decentralized AI stack that will enable human and AI collaboration in a secure and decentralized environment.
The Autonomys Network, which is based on the Subspace Protocol, is a key component of this vision. It is supported by a large community of farmers who contribute storage to secure the blockchain and earn rewards through active participation. The network also features a growing node operator network that provides compute power through a Proof-of-Stake consensus mechanism. Together, these elements form the foundation for building stable and scalable products, including Autonomys ID (Auto ID), a decentralized identity protocol.
Auto ID is designed to allow both humans and AI agents to establish and verify their identities seamlessly, ensuring that AI operates within safe and ethical boundaries. By equipping AI agents with identities derived from human-controlled Auto IDs, Autonomys aims to create a system of trust and accountability that fosters a secure and ethical AI environment.
Looking back at the history of Autonomys, co-founders Jeremiah Wagstaff and Nazar Mokrynskyi laid the groundwork for the company with the release of the farmer’s dilemma whitepaper in 2021. Since then, Autonomys has evolved into a scalable Layer-0 blockchain that offers modular compute and execution capabilities.
With Labhesh Patel at the helm as the new CEO, Autonomys is poised to advance its mission of enabling web3 to operate at Internet-scale. Patel’s expertise in identity and AI, combined with his commitment to privacy and security, positions him well to lead the company towards the realization of its AI3.0 vision.
In the coming days and weeks, the community can expect to see rebranding efforts as Autonomys transitions from Subspace. Updates on the release of Nova EVM and Auto ID will follow, with a focus on going live on mainnet in Q3 2024. The team is excited to share more details and sneak peeks into the Auto product suite as they work towards creating a future where technology empowers and protects individuals in the Age of Autonomy.
As Autonomys continues to drive innovation at the intersection of web3 and AI, users are encouraged to join the community on Discord and follow the company on social media for exciting updates and announcements. The future looks bright as Autonomys paves the way for a world where human and AI interaction is seamless, secure, and decentralized. Welcome to the Age of Autonomy with Autonomys.
