Feb 08, 2022 • 3 min read
We've hit a fork in the road!
Today we want to briefly explain why we decided to fork two of the projects which some of our co-founders have been contributing to for several years, and why we believe the end result of this decision will be greater opportunity for everyone involved.
In 2019 while working at Fetch.ai one of our co-founders, David Minarsch, co-created the Autonomous Economic Agent (AEA) framework: the world’s first multi-agent system (MAS) framework for building agent-based applications in web3. You can see the first commit here. Initial foundations for this framework were laid while David and his team were building a trading agent game. Thanks to Fetch.ai’s work on multi-agent systems, David and his team were able to expand and develop the framework over the years, culminating in the v1 release in March of 2021.
At this point, David was working part-time as a consultant from his own company Centrality Labs and partnering with Fetch.ai to further develop the AEA framework. With the help of Oaksprout the Tan, he created a site to demonstrate the framework and related research.
In the summer of 2021, David joined forces with Oaksprout the Tan and David Galindo to co-found Valory AG, a new startup that would go on to create Autonolas.
As we started working to build out the Valory software stack we defined a number of high-level goals we aimed to focus on:
- Coding velocity: at Valory we grew the team quickly and needed a way to rapidly iterate on the framework, without having to slow down to align with other parties and their specific agendas.
- Developer-first vision: at Valory, we believe in a developer-first approach to building software and want to remove any gatekeepers to code creation and dissemination, in particular reliance on centralized component and agent registries.
- Architect-first design: as co-creators of the framework, we know it inside out and our vision for it has significantly evolved since founding Valory. We want to bring this vision to its fullest potential.


