AI replaces traditional funds, why is bAI Fund the Alpha version of this bull market?

Author: Ray, Morph Ambassador

In 2025, in the 16th year since the birth of Bitcoin, to the surprise of major institutions and countless users, this round of bull market started with AI Agent. Today, the total market value of AI Agent has exceeded 50 billion US dollars. The market sentiment and speculative hotspots have evolved from AI memes to specific Agents and then to AI Agent framework. Each evolution will convert the most abundant liquidity and asset attention in the market into the driving force to break through high market value. It is not important to seek comfort in the existing breakout tracks, but to find a ticket to embark on a new route before the market hotspots shift.

In addition to the already popular Agent framework track, the next step in which funds are most likely to vote with their feet is the specific application of AI Agent. While many junior developers are still diligently pursuing Alpha after the vast projects at Solana Hackathon, bAI Fund is providing the answer for this bull market season.

The origin of the first AI Fund

The beginning of the story starts with a coincidental reply from BulbaAgent. Forest Bai, the founder of Foresight Ventures, mentioned bulbaAgent, the token launch agent on the Morph ecosystem, on December 17th last year, and described the creation requirements as ‘Bainance, worthless, for entertainment purposes only’, and then launched the token deployment with the ticker symbol Bai. BulbaAgent, like Clanker in the Morph ecosystem, not only makes this token launch more interesting, but more importantly, Bai, as one of the early Agent tokens launched, has historical significance. From the moment the internal market went live, all community members have shown excitement and enthusiasm for BulbaAgent, a token completely released by Agent.

The story doesn’t end here, but returns to the core AI Agent of this bull market, resulting in the emergence of bAI Fund. bAI Fund is not a result of human creation, but is entirely launched by the AI agent BulbaAgent. Interestingly, after the launch of bAI Fund, a contract address ending with ‘DEAD’ is generated, seemingly declaring to the outside world that AI Fund will end traditional funds. bAI Fund is also the first AI Fund based on TEE technology in the crypto industry, which is both conceptually and historically significant.

Currently, the bAI Fund is completely taken over by the AI Agent. Similar to existing trading AI on the market, it will operate from the secondary fund. As for whether there will be future involvement in project incubation, trading services, and deeper-level investments, such narrative voting rights may be in the hands of every investor and consumer. If more comprehensive functionality is further integrated in the future, the valuation ceiling of the bAI Fund will be further opened up.

The soul figure behind bAI

Agent is correcting the centralized fund management model and shaping the decentralized investment paradigm. Behind every AI Agent track project, there is always a key figure. Whether it’s shaw behind Ai16z or Kye who wakes up every day to live code and prove Swarms, there is always the presence of a soul figure in the successful Web3 AI Agent project. The origin of bAI comes from a chance chat initiated by Forest Bai, the founder of Foresight Ventures. And with an investment background, Forest Bai has always grasped the key direction of market operation. The acquisition of The Block by Foresight Ventures is a classic case of an Eastern institution acquiring a Western institution, and after investing in the consumer-level Layer2 Morph, another key move by Forest Bai was Foresight Ventures’ complete commitment to the AI track two years ago, covering more than 20 top AI projects.

Foresight Ventures’ investment strategy is two years ahead of the market. On the one hand, AI represents advanced productivity, while Crypto has shaped new production relations, and founder ForestBai has already made a “heavy bet” on the combination of AI and Crypto.

If we compare the key figures in each AI Agent project, it’s either a technically excellent Dev or a visionary strategist. As the co-founder of Foresight Ventures, ForestBa is more closely bound between bAI Fund and the soul of the project. After this experiment, ForestBai continues to support this agent’s experiment, and then this TEE-trusted Agent also moves into the deep waters of fund management.

How does the bAI Fund make traditional funds “DEAD”

Musk finds it very interesting that Freya Agent hosts funds, and the iteration of Crypto Agent goes far beyond this. Freya is more like a guessing game, where people bet money to solve a prompt puzzle and win a prize.

The interesting thing behind this is that the Agent is given financial rights. If we look back at the history of human development, the foundation of the United States was the privatization of property; with the introduction of Crypto Agent, the use of property rights will be a watershed in Agent’s history.

And when Agent has the financial right to use, how does this iteration occur? How does bAI Fund make traditional funds “DEAD”?

The sparks of collision between TEE and Web3 AI

Perhaps because Web3 has always been on the edge of subculture, all crypto users will have a deep understanding of technical products in this wave of AI agent. From the line-by-line structure of Eliza code at the beginning, to the recent Swarms dev live coding to prove their technical strength, whether a new project can be accepted by the market, the technical background has also become part of the consideration. As a fund issued by the Agent, bAI Fund adopts TEE technology to ensure the security of user funds. TEE is a hardware-based security technology that ensures the execution of code in a protected environment, preventing external attacks and malicious tampering.

In the world of blockchain and cryptocurrency, security and transparency have always been the core issues that investors are most concerned about. Even the king of the last cycle, FTX, has had issues with user asset misappropriation, let alone many wallets that are more vulnerable to hacker attacks on the chain. There are also countless cases of pledge funds being turned into RUG in the hands of project parties.

However, with the continuous advancement of technology, the emergence of bAI Fund has brought about a groundbreaking innovation for all Crypto users. By combining with TEE technology, it not only redefines the security of cryptocurrency trading, but also provides investors with an unprecedented transparent, efficient, and intelligent investment platform. The trading process of bAI Fund runs entirely within TEE, ensuring the security of the trading strategy. Private keys are protected at the hardware level, making it impossible for even the most sophisticated hackers to steal them. The greatest benefit of AI is that AI itself is not greedy or fearful, and will not rug inexplicably due to the temptation of luxury cars and yachts, nor will it suffer losses due to failure to adhere to trading discipline. In addition, users can use bAI Fund’s remote attestation technology to verify the integrity of the program in real time, ensuring that the trading strategy has not been tampered with.

How does the bAI Fund flywheel start?

Traditional cryptocurrency funds often face two major challenges: the security of trading strategies and the transparency of the execution process. The bAI Fund addresses these issues by running AI trading programs in TEE.

As the first TEE-operated fund, bAI Fund covers areas such as operations, marketing, secondary markets, etc. For example, bAI Fund can choose to automatically run grid strategies to ensure trading volume for supported projects. In addition to grid strategies, it also implements mean reversion and momentum trading strategies based on different market conditions. For users, they can entrust their funds to AI agents to choose investment targets and execute related strategies.

Not only that, users can also monitor the running status of TEE and transparently verify AI trading strategies. bAI Fund will also record all transactions on the blockchain, ensuring that each transaction is traceable and verifiable. It also provides all users with the permission to view key indicators, including Profit Factor, Sharpe Ratio, Maximum Drawdown, and Win Rate, to fully understand the performance of bAI Fund’s strategies. Of course, as bAI Fund continues to iterate, the strategies of future AI funds will also be continuously updated and optimized.

It is worth noting that the first batch of projects supported by bAI are ETH/MPH, ETH/KAOLA, ETH/BAI, etc. This proactive selection of projects to run market-making strategies from a first-level perspective is essentially similar to the post-investment services that first-level VCs dare not venture into–market makers.

With the development of bAI, its operational services will also involve primary investment and secondary investment after all projects. On the one hand, bAI Fund, governed by DAO, can review background investigation reports, automatically complete investments, and accept saft. On the other hand, the quantified funds held by bAI can automatically provide market-making and trading volume services for post-investment projects or meme projects. At the same time, bAI Fund will also involve market promotion. KOL or agency can send their relevant information to bAI to apply for a certain amount of market budget.

And due to the close relationship between bAI Fund and Foresight Ventures, and its founder ForestBai, it is expected that projects funded by bAI Fund will also enjoy resources from Foresight Ventures. For example, media exposure, bAI is backed by both Foresight News and The Block, East and West media, with extensive industry media resources. Or by providing automated operation tools for Twitter and Telegram to achieve automated operation, currently the meme0x tool behind bAI fund has hosted all the automated operation work of Cecilia and IKKYU on the Morph chain.

Through the subsequent iterative development and the resources backed by Foresight Ventures, bAI Fund presents a full range of all-around services and a panoramic project management cluster.

Why did token Bai pump 5 times in one day?

The bAI Fund adopts the governance model of decentralized autonomous organization (DAO), and users holding Bai tokens can participate in the governance of the project. Voting rights are limited to switching and changing trading strategies in supported trading pairs, ensuring that the community’s decision-making power is focused on the most critical matters. Additionally, all proposals will have a 24-hour lock-up period to ensure that the community has enough time for discussion and decision-making. The token bAI saw nearly a 5-fold increase on January 7th, and its value discovery on the road to a hundredfold lies not only in the unique AI Agent coin issuance concept of the bAI token, but also in the soul binding with the founder and the subsequent market optimism for the empowerment of the bAI Fund on the token.

It is worth noting that an evaluation closely related to the token Bai can exceed tens of trillions, the first AI Fund concept project. So whether Bai will be further empowered by bAI Fund in the future may be a potential reason for the market to rush to grab Bai tokens.

Under the wave of AI Agent, letting go of prejudice and inertia in human nature, embracing and cherishing every ‘first’ concept in encryption has become a compulsory course for every investor, user, and consumer. Perhaps, you and I are witnessing a revolutionary step of Web3 in the coming decades.