Witness

#20Agent

Tool-calling AI agents executing tasks across web browsers, Discord, and custom integrations.

Website GitHub

Price

$0.002278-0.02%

24h

7d Change

-10.96%

Market Cap

$3.34M

Emission

Miners

Validators

Competitor Mapping

Witness

Decentralized

Market Cap

$3.34M

TAM

$30.00B

Model

Token-incentivized

Team

Decentralized miners

LangChain + OpenAI Assistants

Private

Market Cap

Private

TAM

$30.00B

Model

Revenue-driven

Team

Enterprise

Open-source models under 8B params outperform industry giants on Berkeley Function Calling Leaderboard. LangChain ($3B) is main competitor.

Implied Valuation

If Witness captures a share of LangChain + OpenAI Assistants's $30.00B TAM

Bear - 0.1% TAM

$30.00M

implied valuation

+798.01%

vs $3.34M current

Base case

Base - 1% TAM

$300.00M

implied valuation

+8880.15%

vs $3.34M current

Bull - 5% TAM

$1.50B

implied valuation

+44800.73%

vs $3.34M current

Scenarios illustrate potential scale relative to the traditional market. Actual outcomes depend on adoption, tokenomics, and competitive dynamics.

Thesis

AI agents are the next computing paradigm. Small efficient models (under 8B, Apache 2) make agents deployable at the edge where large models can't run.

Risk

Massive investment from OpenAI/Anthropic in function calling may make small models uncompetitive at complex tasks.