Deep Dive
1. AI Agent Identity Integration (Bullish Impact)
Overview:
cheqd’s partnership with the ASI Alliance (Cryptobriefing) assigns decentralized identifiers (DIDs) to AI agents across 20+ projects, including Fetch.ai and SingularityNET. Each agent deployment burns CHEQ tokens for DID creation, with Deloitte forecasting 50% enterprise AI agent adoption by 2027.
What this means:
Increased AI agent deployments could directly boost CHEQ’s transactional demand. The 99% burn mechanism for identity transactions (cheqd’s H1 2025 report) may reduce circulating supply, creating upward pressure if adoption accelerates.
2. Enterprise Security Partnerships (Mixed Impact)
Overview:
VERA’s blockchain-based B2B messaging platform (CoinMarketCap) uses cheqd’s DIDs to combat invoice fraud in Africa, targeting 3.4B daily fraudulent emails. The platform launches in August 2025, with EU/U.S. expansion planned.
What this means:
Success here could validate cheqd’s enterprise use cases, but adoption risks remain. Africa’s cybersecurity challenges (1 in 15 orgs hit weekly by ransomware) highlight demand, but regulatory hurdles and slow enterprise blockchain uptake could delay revenue streams.
3. Tokenomics & Supply Dynamics (Bullish Impact)
Overview:
Identity transactions burn 99% of CHEQ fees, with testnet/mainnet activity showing 230k+ DIDs created in H1 2025. A fee oracle (cheqd tweet) stabilizes network costs in USD, reducing volatility risks for enterprises.
What this means:
Accelerated DID issuance could compound deflationary pressure. However, current mainnet adoption (760 DIDs) remains niche – price upside depends on crossing critical mass in sectors like AI or supply chains.
Conclusion
CHEQ’s medium-term outlook leans bullish due to high-burn use cases in AI and enterprise security, but requires monitoring real adoption metrics like DID growth. The 81 RSI (7-day) signals overbought risk short-term.
What’s the make-or-break metric?
Can ASI Alliance projects drive DID issuance beyond 10k/month by Q4 2025?