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AI16z is Created by – Marc AIndreessen
The AI16z DAO is fundamentally changing the way the crypto community invests, manages, and operates. Whether it was because of the meme or because of the untapped potential of relying on AI to make data-driven, non-subjective financial decisions.
The decentralized autonomous organization project with its own token is disrupting one of Silicon Valley’s leading venture capital firms, a16z.
As of this writing, the project’s AI16Z token has a market cap of over $500 million, according to data from CoinGecko.
The project, which began in October 2024, has no ties to Marc Andreessen or the rest of the a16z crew apart from the name. But the VC giant is probably aware that the name could cause confusion and is very upset about it.
Here’s the interesting part. A DAO essentially mimics a hedge fund. DAO members put their money in the hands of an expert (in this case an AI agent named “Marc AIndreessen”) who then invests that money in various projects and assets that determine the value of the assets the fund manages.
The main difference, of course, is that in Meatspace Venture, only accredited investors are allowed to put money into a fund like a16z, and the fund manager decides what to invest in (and forgoes management and other fees for the privilege). In ai16Z, anyone can invest via tokens, and an AI agent (in this case an AI version of Marc Andreessen) manages the fund.
If this plan ultimately works, this project could actually do to Silicon Valley VCs what they’ve done to other people: disrupt us and possibly erase us from existence.
As an aside, what the AI is doing with the DAO show is additionally progressive. Not at all like conventional DAOs, where token holders vote on each choice, AI Marc acts as both the brain and operational motor of the organization, making choices independently. The genuine Marc would likely envy this specialist.
AI Marc was built utilizing Eliza, an open-source system that allows users and engineers to form independent AI operators that can perform real-world errands like surfing the web, investigating code, and analyzing methodologies.
DAO individuals can connected with KI Marc. The more cash you invest, the more the operator will take client proposals into consideration. In any case, when it comes to monetary choices, AI Marc continuously has the ultimate say.
In reality, the ai16z DAO framework points to dispense with the wasteful aspects common to conventional DAOs, fair as Eliza kills programming wasteful aspects. AI Marc apportions with long discourses, maintains a strategic distance from the impact of human predisposition, and centers as it were on numbers. It analyzes proposals, collects information, creates commerce plans, and executes choices.
I do not think individuals realize that Ai16z isn’t a standard meme coin, which DAOs can purchase $Ai16z… It has almost 6 million AUM, which implies it can be its possess buyer and line its possess pockets, subsequently expanding the esteem of its resources beneath administration ($ai16z), which in turn lines its possess pockets.
The official ai16z FAQ states that “The first set of AI Marc, collecting data in a testnet environment, was launched recently and will run for several weeks to collect data, find bugs, and test assumptions.” “The third set of on-chain execution with real staking will begin shortly thereafter.” Eliza -Use Ecosystem.
Every AI custodian will give 10% of their tokens to the DAO, which currently holds hundreds of digital assets.
Most of that deposit is invested in Solana, the proprietary AI16Z token, and other meme coins.
Needless to say, even outside the cryptocurrency industry, there is a lot of concern about Eliza’s potential.
AI16z Token/Coin Information :-
- Name: ai16z
- Symbol: AI16z
- Market Cap: $981,887,592
- FDV: $981,890,705
- Total Supply: 1,099,999,367.35 AI16Z
- Maximum Supply: 1,099,999,958.01 AI16Z
- Official Website: https://www.daos.fun/
- Social Media: X (Twitter)
- Contracts Address: HeLp6NuQkmYB4pYWo2zYs22mESHXPQYzXbB8n4V98jwC
- Explorers: solscan.io
- Coin/Token UCID: 34026
- Price: Check Current Price, Check Current Price 2
- Exchange Listing: Raydium, MEXC, Gate.io, BingX, Bitmart, LBank, CoinEx, Hibt
