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Home ยป Ai16z Announces Tokenomics and Strategy for Launching Layer 1 Blockchain

Ai16z Announces Tokenomics and Strategy for Launching Layer 1 Blockchain

By adminDec. 30, 2024No Comments2 Mins Read
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The artificial intelligence agent platform ai16z is planning to update its tokenomics and explore the possibility of launching a Layer 1 Blockchain. The team has started discussions with various stakeholders to enhance the value of the token. The latest proposals from ai16z’s management involve a gradual restructuring of the token economy.

Details of the Plans
In the first quarter of 2025, ai16z aims to launch a token similar to pump.fun. This launchpad will be built on the Eliza framework and could serve as a central hub for artificial intelligence projects. The ai16z token will be the primary currency used for transactions between agents on this platform.


ai16z Altcoin
The launchpad will provide various mechanisms for value appreciation, including launch fees, access through staking ai16z tokens, and strategic liquidity pool matching. According to a document shared by participants, ai16z is also considering the launch of an AI application-specific Layer 1 Blockchain.
Currently, the token functions as a utility token within the ecosystem and also grants governance rights. Under the Ai16z DAO framework, token holders have the ability to vote on proposals related to the project.

Technical Foundations of the Eliza Framework and Platform
For those who are not familiar, ai16z operates as a decentralized platform running on the Solana


$
193Blockchain. It is not affiliated with the investment firm Andreessen Horowitz (a16z) despite the similar name.
The project utilizes a development framework called Eliza for creating artificial intelligence agents. This framework enables developers to create their own AI agents and is compatible across multiple platforms, facilitating interactions between Blockchain networks and social media applications.
Although the DAO plays a role in the platform’s governance, ai16z does not have a fully decentralized structure. The core developer team still holds significant influence over the platform’s direction. However, the developers emphasize a collaborative and open-source approach.

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