Ai16z Plans New Tokenomics to Boost Token Value
Ai16z, a venture capital firm run by artificial intelligence agents, has shared a plan to overhaul its token economics to increase the value of its native token and position itself as a leader in decentralized artificial intelligence.
The overhaul appears to be necessary because while its Eliza framework, a tool that allows developers to create artificial intelligence agents, has been widely adopted, the team believes that the native token lacks a strong mechanism to achieve long-term value.
Key details of new proposal
one document explained in detail Tokenomics The discussion noted that the plan will be implemented in two phases starting next year. The first phase will involve creating a launchpad in the first quarter of 2025, similar to Pump.fun.
Likewise, the Ai16z launchpad will serve as a platform to launch Eliza-based AI projects. In order to promote community cooperation, it is also proposed to make the platform’s code public after its launch in January.
when a new artificial intelligence project Once launched on the platform, users can trade the token for Sol Just pay a small fee. This fee will then be used to buy back Ai16z tokens from the market and create a liquidity pool.
The launchpad will also introduce inter-broker interactions, multi-chain integration, and other developments leveraging Eliza’s plug-in architecture. Therefore, key to this stage is the value capture mechanism, including startup fees, ai16z token staking, and liquidity pools paired with the tokens.
In the second phase, Ai16z plans to tie the value of its tokens to various products within the ecosystem. The Ai16z token is expected to become the base currency for inter-agent transactions, similar to how Ethereum supports decentralized applications on its blockchain.
“The goal of this ecosystem is to allow multiple products to add value to each other and tightly tie the value to the ai16z token. The analogy here is how ETH or SOL support the core decentralized infrastructure built on top of it, ” the proposal states.
Is Ai16z’s valuation target $100 billion?
The team also hopes that Ai16z can become the first layer blockchain for artificial intelligence in the long term. this Tokenomics The discussion raised the idea that L1 blockchain is the path to Ai16z’s $100 billion valuation.
In November, Ai16z joined hands with Ritz Lab Launches AICombinator, an initiative backed by a $5 million fund. The program will enable developers to create novel projects that incorporate artificial intelligence capabilities and cryptocurrency technology.
At press time, the AI16Z token was trading at $1.28, down 5% in the past 24 hours, according to CoinGecko. Interestingly, the token economic overhaul comes as AI16Z reached a market capitalization of $1.5 billion for the first time earlier this week.
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