Synthetic intelligence platform ai16z is considering launching a layer-1 (L1) blockchain community as a part of a strategic overhaul of its tokenomics mannequin.
The proposed blockchain would place its native AI16Z token as the bottom foreign money for an interconnected ecosystem centered on synthetic intelligence.
The Proposal
A governance discussion board put up reveals that the AI platform is exploring the event of a undertaking much like Pump.enjoyable to facilitate the launch of AI brokers. Moreover, the staff is contemplating positioning AI16Z as an L1 blockchain tailor-made for synthetic intelligence functions.
Members within the dialogue view the proposed launchpad as a key mechanism to implement “flywheel” tokenomics to extend the worth of AI16Z.
They proposed a number of approaches to attain the purpose, together with taking a share of launch charges, requiring AI16Z holdings for allocation, leveraging the token for preliminary agent choices, and pairing agent tokens with it in liquidity swimming pools.
Furthermore, builders and tasks would obtain ecosystem funds, revenue-sharing alternatives, third-party launchpad help, and AI16Z’s inherent worth. Moreover, buyback and burn methods funded by platform charges are into account to accrue worth to the token.
To make sure high quality and alignment with ecosystem objectives, the staff can also be considering a community-driven “curation” course of, the place supporters would vet tasks earlier than launching by way of mechanisms reminiscent of staking and slashing.
The put up emphasised that the principle purpose is to create an interconnected ecosystem the place numerous merchandise contribute to 1 one other’s worth, all intrinsically tied to the AI16Z token.
AI16Z Token’s Fast Development
AI16Z identifies itself as “the primary funding DAO led by AI brokers,” leveraging its flagship AI working system, Eliza, to mix synthetic and collective intelligence in making funding choices.
In keeping with CoinGecko information, the token’s market cap has surged previous the $1.8 billion mark. On the time of writing, it was buying and selling at $1.69 after earlier hitting a brand new all-time excessive (ATH) of $1.77. Whereas about 5.7% beneath the ATH, its present worth continues to be a large 380% enchancment prior to now month.
Additional, a report by VanEck confirmed the Web3 ecosystem now hosts roughly 10,000 AI brokers, collectively producing hundreds of thousands of {dollars} in weekly earnings by way of on-chain actions. The asset supervisor tasks that blockchain networks’ AI agent inhabitants may surpass 1 million by the top of 2025.
Moreover, latest insights from the Web3 analytics platform Dexu AI reveal that AI-driven applied sciences, led by AI16Z, generated a powerful 72.2% return over the previous month. Beforehand, the cryptocurrency was one of many poor performers amongst tokens launched on Binance Alpha, dropping 18.5% of its worth earlier than rediscovering its footing.
Its uptick could not come as a shock, with Bitfinex not too long ago hinting that such tokens may change the crypto house as extra individuals use them to execute transactions, optimize their funding methods, and handle their crypto wallets.
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