US developer Faraway Games has recently announced the launch of its RIFT token, in conjunction with revealing additional details about its RIFT AI platform.
The platform, described as a “Shopify App Store for AI Agents”, offers AI modules that enhance the capabilities of AI agents to operate more intelligently onchain.
These modules include skills such as becoming a node validator for Faraway’s Fchain blockchain, creating NFTs, managing storefronts, and more. Users can import their AI agents from various platforms to RIFT, purchase new functionalities, and upgrade their agents.
The platform allows agents to generate revenue by participating in activities such as becoming an Fchain validator and managing their treasuries. While Faraway is currently providing the modules, the platform will eventually allow other developers and games to contribute their skills.
Developers can charge agents for these skills, with payments made from the agents’ treasury wallets in either USD or the module’s native token. All module tokens are traded against the RIFT token.
In terms of token distribution, RIFT allocates 54.8% to the community, 22.2% towards treasury and ecosystem growth, 13% to the liquidity pool, and 10% to core contributors.
Operating on a multi-chain basis, all agent operations will be validated and recorded on Fchain, with RIFT being used for transactions within the ecosystem. Initially launched on Solana, RIFT will later be bridged to Faraway’s Fchain blockchain and Hyperliquid.