JuvrixAI, a Singapore-based no-code platform for building AI agents on NEAR Protocol, has begun the presale of its utility token, $JUX. The platform says its core focus is making it safer for AI agents to spend funds on a user’s behalf.
Separate wallets and enforced limits
According to the announcement, each agent on JuvrixAI has its own native NEAR wallet, separate from its owner’s main funds. Spending rules are enforced by a smart contract, including a daily budget, a maximum per payment and approved recipients. The agent does not hold its private key and can only request payments, which the contract checks before funds move.
Designed for failure scenarios
JuvrixAI describes several cases the system is intended to address:
- If hidden instructions push an agent to pay an unknown address, the payment is blocked because the recipient is not approved, and the attempt appears on the owner’s dashboard.
- An agent cannot spend more than its daily budget or per-payment cap, with the owner setting the maximum loss in advance.
- If an agent’s key is compromised, it can only request payments from the agent’s own wallet contract. It cannot transfer funds directly, change the rules or reach the owner’s main wallet.
- The owner can freeze the agent with one tap and revoke access at any time.
Planned security and testing milestones
After the $JUX presale, JuvrixAI plans to deploy its wallet contract to NEAR testnet, allowing users to test agents and their limits with test funds. The platform also plans to complete an independent security audit before opening its agent builder in beta.
$JUX presale terms
The announced presale rate is 1 NEAR for 500 JUX. Contributions range from 50 to 5,000 NEAR. The allocation is 25,000,000 JUX, or 25% of a total supply of 100,000,000 tokens.
Token utility
According to JuvrixAI, $JUX is used to pay fees at a discount, unlock tiered discounts on agent execution, vote on templates and roadmap priorities, stake for a verified trust badge that merchants can check, and receive priority testnet access.
JuvrixAI describes itself as a no-code platform for building custom AI agents on NEAR Protocol, each with its own wallet and on-chain spending limits.
