🔥 ai16z Eyes Custom Blockchain to Power AI Ecosystem
posted 31 Dec 2024
The AI-agent platform ai16z is considering developing its own Layer 1 (L1) blockchain as part of a comprehensive plan to enhance the tokenomics and utility of its native token, ai16z.
The governance forum of ai16z recently revealed a proposal to transform the platform into an application-specific blockchain, focusing on AI-based solutions.
The proposal envisions the creation of a platform for deploying AI agents, which would become a core component of the new tokenomics model. Key mechanisms under consideration include charging a percentage fee for agent launches and requiring users to hold $ai16z tokens for participation. Additionally, $ai16z tokens would be mandatory for initial token offerings of AI agents and for establishing joint liquidity pools combining native agent tokens with $ai16z.
The proposed Layer 1 (L1) network would operate on open-source code and include a reward system for nodes, with $ai16z tokens serving as the primary currency.
Since its launch in October 2024, the $ai16z token has achieved a market capitalization of nearly $1.5 billion.
Agent-based AI continues to gain momentum, with approximately 10,000 AI agents currently operating on blockchain networks. A report by VanEck projects that this number could surpass 1 million by the end of 2025. In Q4 2024, the total market capitalization of AI-related tokens reached $10 billion.
The proposal envisions the creation of a platform for deploying AI agents, which would become a core component of the new tokenomics model. Key mechanisms under consideration include charging a percentage fee for agent launches and requiring users to hold $ai16z tokens for participation. Additionally, $ai16z tokens would be mandatory for initial token offerings of AI agents and for establishing joint liquidity pools combining native agent tokens with $ai16z.
The proposed Layer 1 (L1) network would operate on open-source code and include a reward system for nodes, with $ai16z tokens serving as the primary currency.
Since its launch in October 2024, the $ai16z token has achieved a market capitalization of nearly $1.5 billion.
The ai16z platform leverages the Eliza AI system / The Crypto Times
The ai16z platform presents itself as the first investment DAO powered by AI agents. Utilizing its flagship AI operating system, Eliza, the platform makes investment decisions based on data analysis. According to ai16z, its blockchain liquidity pool offers an annual yield of around 25%.
Agent-based AI continues to gain momentum, with approximately 10,000 AI agents currently operating on blockchain networks. A report by VanEck projects that this number could surpass 1 million by the end of 2025. In Q4 2024, the total market capitalization of AI-related tokens reached $10 billion.
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