Frank Chen, Director of Huaying Group and CEO of KOVAR, emphasized the pivotal role of tokens in the AI era during his keynote at the AI Agents in Action summit. He described tokens as essential production factors within the emerging Web 4.0 infrastructure, crucial for AI application execution and resource allocation. Chen introduced KOVAR's strategic focus on enterprise-grade AI and agent governance, highlighting products like "Know-your-Agent" and the "AI Large Model Aggregation Platform." Chen also announced two major initiatives by Huaying Group: the Token Hub Alliance, fostering global collaboration in AI token innovation, and Tokenthon, an AI innovation competition aimed at connecting developers with top-tier computing resources. These initiatives aim to bolster the AI token economy and support a growing AI maker ecosystem.