Glossary

Tool: These are external services that AI agents call or interact with to perform specific actions or to increase their capabilities.

Fiat on-ramps: These are services that allow anyone to receive cryptocurrency in exchange for traditional currency.

Fiat off-ramps: These are services that allow anyone to receive traditional currency in exchange for cryptocurrency.

Model Context Protocol (MCP): An open protocol that facilitates interaction with AI models with external services.

Sub-second finality: The ability of a blockchain to facilitate, finalize, and make irreversible any transactions typically under a second.

Executable NFT (xNFT): An xNFT on Skynet is an NFT that is ownable, can be deployed, can hold an AI agent, can be monetized, and is modular.

Chain abstraction: It is a design principle or philosophy that enhances a user experience by unifying transactions or actions for different blockchains in one interface.

Chain Agnostic: A design approach allows any protocol to work with different blockchains without being tied to one.