What did Delysium ($AGI) get right to achieve $1.4 billion in monthly trading volume on Korean exchanges?
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What did Delysium ($AGI) get right to achieve $1.4 billion in monthly trading volume on Korean exchanges?
What did Delysium do right to take root in Korea—known as the "East Asian grind capital"—and create a community culture that propelled it through word-of-mouth into becoming one of the leading AI companies?
Navigating Web3 tides with focused insightsIntroduction
In today's market—marked by tight liquidity and fierce project competition—projects that stand out invariably possess unique advantages and solid foundations. They often have a strong user base in specific regions and demonstrate exceptional competitiveness within their domains. When it comes to South Korea, a nation at the forefront of technology, the enthusiasm for AI and the vibrancy of its communities are truly impressive.
So, is there a crypto project that seamlessly integrates the key elements of "project," "AI," and "community"? Let’s dive into an atypical success story—Delysium.
According to TradingView data, Delysium’s AGI/KRW trading pair on Bithumb recorded monthly trading volumes exceeding $1 billion in both February and March 2024, with March surpassing $1.4 billion. Such massive volume is rare even in South Korea, a country known for its intense crypto trading culture. Additionally, analysis shows that $AGI has a remarkably high correlation with the stock index of the U.S. tech "Magnificent Seven."
What exactly did Delysium do right to take root in South Korea—known as the “East Asian grind capital”—cultivate a vibrant community, and become one of the leading names in the AI space?
Delysium’s Fantastic Journey in the Korean Market
In South Korea, where crypto community culture thrives, KBW (Korea Blockchain Week) is an annual industry highlight. During KBW 2024, Delysium partnered with KBW Official, Microsoft, Google, and Worldcoin to kick off the event as a title sponsor. Public data indicates that Delysium’s series of activities attracted over 10,000 registered participants, making it a standout moment during Korea’s blockchain week and propelling Delysium to the peak of KBW 2024.
In reality, Delysium’s unprecedented success at KBW 2024 was no accident. Since emerging in early 2022 as a rising star in the fields of cryptocurrency and artificial intelligence, Delysium has steadily advanced within the Korean market.
In 2023, during ETH Seoul, Delysium co-hosted events with industry leaders such as Google and Antalpha Ventures—a move marking its official entry into the Korean market and establishing close partnerships that laid a solid foundation for future growth.
As the project progressed, Delysium’s performance in Korea became increasingly remarkable. In September 2023, Korea’s top-tier exchange Bithumb announced the listing of $AGI—an endorsement of Delysium’s strength and credibility. Amid the bear market of late 2023, $AGI achieved over $48 million in trading volume within 24 hours of launch, reaching a peak FDV of $494 million, showcasing its outstanding potential.
Delysium deeply understands the critical role of community building. During KBW 2023, it collaborated with prominent projects like Google, Hooked, ARPA, Xterio, and Sonic to launch a series of eye-catching community initiatives aimed at strengthening the Korean crypto ecosystem. These events not only amplified Delysium’s influence but also provided deeper engagement opportunities for community members, driving overall ecosystem prosperity.
Delysium’s strong performance in Korea has drawn widespread attention. CryptoExpedition, a key opinion leader (KOL) in Korea’s crypto scene and a loyal supporter of Delysium, stated: “I’ve always been passionate about nodes and AI. When I saw Delysium’s vision and potential, I didn’t hesitate to partner with them.”
GemHive, another renowned community leader, praised Delysium’s position in Korea’s crypto market, calling it a “pioneer of the next-generation node model” and one of the most successful projects. He noted: “Despite some early turbulence, nearly all node purchasers were properly managed and now enjoy stable, ‘pension-like’ income from node rewards.” This reflects not only Delysium’s resilience but also the sustainable value it delivers to users.
YeolChoong, a seasoned builder in the Korean market previously active in the Gala ecosystem, discovered Delysium and $AGI through his interest in node systems. He shared: “I believe this is one of the most outstanding projects in the node space. I feel honored to receive a collaboration invitation.”
Leedogin, also active in the node space, remarked: “$AGI is one of the core currencies in the AI ecosystem. I firmly believe Delysium’s growth is closely tied to the healthy development of the entire AI ecosystem. I deeply admire the team’s operations—their passion exceeded my expectations—and I can clearly sense the project is moving forward steadily.” His confidence and praise add further luster to Delysium’s future prospects.
Delysium’s Secret Formula: Innovative Integration of AI and Web3
So, what exactly is behind Delysium—the project that has gained massive popularity in Korea, the land of crypto grinding?
To date, Delysium has raised $14 million in funding, plus an undisclosed strategic round backed by Galaxy Interactive, Republic Crypto, Anthos Capital, Polygon, and Immutable. If Delysium appeared somewhat nascent after its initial private raise in early 2022, today it leverages cutting-edge AI technology and a human-centric philosophy to profoundly impact the crypto industry, creating a secure, scalable, and highly intelligent ecosystem.
According to official reports, Delysium ($AGI) aims to build YKILY Network—the large-scale collaboration and settlement network for AI agents—and Lucy, the first AI agent operating system in Web3. To date, Lucy has amassed over 1.4 million users and more than 12 million conversations.
You Know I Love You (YKILY) Network
The You Know I Love You (YKILY) Network is Delysium’s ambitious initiative to create a large-scale collaboration and transaction network for AI agents, enabling every individual’s AI agents to conduct seamless daily transactions via this payment infrastructure.
For example, David in Korea could use his AI agent to communicate with Tim’s AI agent in the U.S. to easily purchase a pillow, then collaborate with a trade-specialized AI agent to deliver the pillow smoothly to David in Korea.
In the future, the scale of transactions between AI agents will exceed current human transaction volumes by over 100 times. Hence, the core value of this network lies in ensuring AI agent behaviors remain closely aligned with human values.
This is especially crucial in the fast-evolving world of cryptocurrency, where technological advances often bring ethical and moral challenges. The YKILY Network records interactions among AI agents, providing a secure, scalable, and high-speed communication and collaboration environment. This enables AI agents to serve users more intelligently and efficiently while consistently adhering to human expectations and ethical standards.
Lucy
Lucy is Delysium’s revolutionary AI assistant for the Web3 world, fundamentally transforming how users interact with Web3.
Currently, operating Web3 applications is often complex and cumbersome, requiring high technical literacy. However, Lucy combines the intelligent search capabilities of Perplexity with the execution power of AutoGPT, allowing users to effortlessly access Web3 knowledge and updates through a simple AI chat interface. More importantly, supported by a modular architecture, Lucy’s innovative Infinite Canvas design allows users to unlimitedly integrate and invoke third-party apps and data sources, seamlessly coordinating with AI conversations to enable collaboration between on-chain and off-chain agents, fulfilling diverse user needs.
The Infinite Canvas interaction design is a testament to Delysium’s deep understanding of user needs and innovation. It reflects Delysium’s relentless pursuit of user experience and profound insight into technological advancement. With Infinite Canvas, users can freely unleash creativity, execute complex workflows, and fully enjoy the convenience and excitement brought by Web3 technology.
Powered by advanced AI technology and innovative human-computer interaction design, Lucy dramatically simplifies complex Web3 operations. Users can now intuitively and efficiently complete tasks such as asset queries, transfers, swaps, staking, and cross-chain actions. This flexible and intuitive interface enhances users’ sense of control and autonomy while boosting engagement and interactivity.
All this is made possible by Delysium’s diverse and highly capable team, backed by support from top global venture capital firms. Building on this foundation, Delysium’s two signature innovations—You Know I Love You (YKILY) Network and Lucy—are set to lead the future of Web3.
Delysium’s Future Vision
From Delysium’s integrative innovation to the deep convergence of AI and Web3, every strategic step is deliberate and well-calculated.
Delysium, the cross-domain player in AI and cryptocurrency, has risen like a meticulously orchestrated fusion drama. Since its debut in 2022, it has quickly secured a central stage in the crypto world by uniquely combining AI technology with the magic of Web3.
Global Market Expansion
For Delysium, global expansion is driven by strategic foresight at every turn.
Multi-channel Listings and Trading: Since 2023, Delysium’s native token $AGI has been listed on major exchanges including Bithumb, Bybit, KuCoin, Gate.io, MEXC, and BingX, significantly enhancing $AGI’s liquidity and attracting global investors. Furthermore, $AGI has established liquidity pools on decentralized exchanges like PancakeSwap, offering investors greater trading flexibility.
Global Events and Partnerships: Delysium actively participates in global crypto and AI events such as NVIDIA GTC, Devconnect, EDCON, ETH Denver, ETH Seoul, Korea Blockchain Week (KBW), Blockchain Life, and Token2049. Collaborations with industry giants like Microsoft, Google, Worldcoin, Galaxy, and Republic have boosted brand visibility and expanded its business network. These partnerships resemble captivating cross-industry performances, opening up endless possibilities for Delysium’s global journey.
Regional Development: Beyond Korea, Delysium is pursuing regional expansion worldwide—building communities in Europe and the CIS region, where it won the Best AI Project Award at Blockchain Life 2023; hosting joint events in Japan with EDCON and De University of Ethereum, serving as an AI track judge at EDCON Super Demo Day; and organizing Token2049 AI series events in Dubai and Singapore. These efforts enable Delysium to gain deep insights into regional markets and consumer demands, laying a robust foundation for future growth.
Deepening the AI Frontier
Yet, Delysium knows that in the convergence of crypto and AI, technological innovation remains the ultimate trump card.
Product Iteration and Upgrades: From the early version of Lucy—one of the first AI chat tools enabling simple on-chain operations—to Lucy Alpha with its modular Trigger & Action architecture, and now to Lucy Beta powered by Infinite Canvas, Delysium continuously iterates to meet growing user demands. Users can now complete a series of complex on-chain or off-chain tasks—including asset checks, transfers, swaps, staking, and cross-chain actions—through simple conversations, simplifying Web3 experiences and lowering the barrier to entry.
Technological Innovation and R&D: Delysium continues to increase investment in AI research and development—launching AI Jerry integrated into Lucy Beta, evolving Lucy Beta’s conversational experience toward AI search models like Perplexity, adding support for public chains such as Solana, Ethereum, and BNB Smart Chain, and integrating with decentralized applications like PancakeSwap, 0x, Owlto Finance, 0xScope, and Galxe. These innovations continuously expand the application scenarios of AI technology, reinforcing Delysium’s leadership in the AI space.
Ecosystem Development: Through initiatives like releasing the “AI-Agents Need Love Too”—Delysium V2 Whitepaper—and co-developing the AgentID program with Worldcoin, Delysium is continuously refining its ecosystem. These moves attract more developers and users to join, collectively advancing the integration of AI and Web3.
As Coinbase CEO Brian Armstrong said: “AI agents are now paying other AI agents with crypto.” Naval, co-founder of AngelList, also noted: “Crypto is the currency of the AI.” These statements perfectly echo Delysium’s core belief—that cryptocurrency was born for AI, and through their convergence, they create unique and transformative value.
Today, Delysium has achieved significant milestones in the deep integration of AI and Web3. Looking ahead, it may well demonstrate even greater vitality and boundless potential in its global expansion.
Delysium is here for a better foundation for the advent of AGI.
Appendix: Delysium Development Timeline
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