AWE Network (AWE) is an AI-agent infrastructure project running on Base (formerly Ethereum, as STPT, prior to the 2025 migration), providing tooling for autonomous AI agents and AI-powered virtual worlds.
It is the 2025 rebrand of STP Network / Standard Tokenization Protocol, a 2019 Ethereum project originally focused on identity systems and DAO tooling. The rebrand, completed May 21, 2025, repositioned the project around "Autonomous Worlds" infrastructure, migrating the token 1:1 from STPT to a new AWE contract on Base.
AWE Network differentiates itself by pairing a decentralized identity layer (AWNS) with a launchpad for AI-driven virtual worlds, rather than offering a single-purpose DeFi or identity product.
Its flagship product, World.Fun, is described as a launchpad and discovery layer for AI-powered Autonomous Worlds, supported by the Genesis AI Town agent-society demo. As of April 2026, the network self-reported over 1.24 million users and 5,522 active agents across this ecosystem, an unaudited, self-reported usage figure.
AWE functions as a governance token, giving holders a role in ecosystem decision-making and treasury management rather than serving primarily as a fee-payment or collateral asset.
Holders can participate in decisions such as protocol upgrades and resource allocation within the AWE Network ecosystem, which centers on AI-agent and virtual-world infrastructure including the World.Fun launchpad.
AWE has a fixed total and maximum supply of 2,000,000,000 tokens, with 1,942,420,282.52 AWE (about 97%) in circulation as of 2026-09-01.
Supply is non-inflationary: the fixed supply cap and the absence of new token issuance mean net emission does not expand circulating supply, consistent with a measured low/near-zero supply-inflation signal for the token.
AWE launched via a 1:1 token migration from STPT to a new Base-chain contract on May 21, 2025, rather than through a new public token sale.
The predecessor project, STP Network, raised approximately $7 million in private funding in 2019 from investors including Neo Global Capital, BlockVC, Alphabit Fund, and FBG Capital, plus a separate $750,000 public token sale that sold out in eight seconds in June 2019. The Base contract was deployed February 14, 2025, ahead of the May 2025 rebrand; no new funding round accompanied the 2025 relaunch.
AWE runs on Base, an Ethereum layer-2 network, having migrated there in 2025 from Ethereum, where the token originally existed as STPT.
As a layer-2 built on Ethereum, Base inherits security from Ethereum's underlying consensus and settles transaction data to the Ethereum base layer rather than operating its own independent validator set.
AWE Network's founder and CEO is Mike Chen, who holds an undergraduate degree from Columbia University and entered the blockchain industry in late 2016.
Chen founded a crypto fund that grew into blockchain advisory firm Block72, where he remains CEO, and he also founded the US-China Blockchain Association. Following the project's 2023 pivot toward AI and autonomous worlds, the team reportedly added contributors with prior experience at Nvidia, Tesla, Google, and Microsoft, according to the project's own blog.
AWE Network is developed by the team behind Block72, a blockchain advisory and consulting firm, continuing the project originally launched as STP Network / Standard Tokenization Protocol.
STP Network was initiated as part of Block72's digital-asset investment-banking business in 2019, focusing on identity systems and DAO tooling. The rebrand to AWE Network / Autonomous Worlds Engine was proposed in January 2025 and completed May 21, 2025, shifting focus to AI-agent and virtual-world infrastructure.
AWE functions as a governance token, allowing holders to participate in ecosystem decision-making and treasury management for the network.
Described uses include voting on matters such as protocol upgrades and resource allocation within the AWE Network ecosystem.
Recent development has centered on integrating AWE's AI agents with external infrastructure and expanding exchange and custody access.
AWE's smart contracts have been audited by SlowMist, with the current Base-chain AWE Token audited February 18, 2025 and the AWE Bridge audited March 11, 2025.
An earlier SlowMist audit of the original STP Token contract dates to August 7, 2019. Structural risk factors include thin decentralized-exchange liquidity of about $243,000 against a roughly $122 million market cap, and holder concentration, with the top 10 wallets holding about 73% of total supply as of 2026-09-01.