Written by: Deep Tide TechFlow

Recently, ai16z has become the focus of on-chain players.

As the first decentralized AI trading fund based on Solana, ai16z can use AI agents to analyze market trends and make trading decisions, this gameplay itself is eye-catching; coupled with a certain association with a16z in name, it also allows its namesake token to show strong market performance.

And under this organization, different AI agents began to be incubated.

Among them, the AI agent eliza launched by @vvaifudotfun has received support from ai16z, and its namesake token eliza was also created and transferred to the wallet of the ai16z foundation.

This also made eliza temporarily the largest holding of ai16z; under various expectations, the price of eliza also rose all the way, reaching a market value of about 50 million dollars at its peak.

But just now, a post from ai16z partner Shaw (@shawmakesmagic) capped the rising momentum of eliza, causing its market value to plummet from around 40 million dollars to 5 million dollars in just 15 minutes.

The essence of the post can be described in a few sentences, and it is also full of familiar old flavors:

"eliza does not belong to ai16z, we are now launching a new ELIZA (note the capitalization), Eliza is free."

Chives, welcome to the AI agent version of the 'Case Conflict'.

"Set her free", the new and old Eliza are in stark contrast

If you take a look at the original post by Shaw, you will find that this announcement looks more like a "divorce letter" cutting ties with the original eliza:

"We have set her free... but she does not belong to ai16z. We do not own her, the community can now freely do what they want to do, we will not FUD."

This somewhat poetic statement seems to give eliza freedom, but in reality, it is drawing a line, while hinting that eliza will no longer receive support from ai16z.

In the latter part of the tweet, Shaw's intention to create a project under the control of ai16z is very obvious, and at the end of the text, he attached two links, one is the Twitter account Eliza, which shares a name with eliza, and specifically writes elizawakesup in the account name (implying that the real Eliza has awakened); the other is the Pumpfun link for the token ELIZA corresponding to this new project.

In simple terms, it is based on the image and ticker of the lowercase eliza token to create a new capitalized ELIZA.

Once this post came out, the new and old Eliza were in stark contrast.

The original lowercase eliza seemed to be sentenced to death, traders rushed to flee, causing the token price to plummet over 87% within 15 minutes; meanwhile, the newly launched ELIZA surged, reaching a market value of around 80 million dollars just a few minutes after Shaw's post.

In an instant, the lowercase eliza seemed to become a pawn of ai16z, while the new capitalized ELIZA was handpicked by Shaw.

However, Shaw also mentioned that the ELIZA token will reserve 10% of the airdrop for the original eliza token holders, but the snapshot time was completed before the post. Whether this airdrop can recover the losses from the plummet of the lowercase tokens is clearly a question mark.

Abandoning the old love and establishing a new one has also caused an uproar in the community.

Twitter Space strikes again, emphasizing the control of ai16z

Clearly, the community wants an explanation for Shaw's announcement.

Almost at the same time as the announcement was released, the editor saw Shaw opened a Twitter Space called "Eliza Awakens"; by the time of writing, due to intense discussion, this Space has already reached its second session.

From the perspective of the editor joining the listening experience, Shaw's core value proposition for this "changing of the guard" is the control of ai16z.

Shaw talked about how he and his team have worked hard over the past two years to build and have put in a lot of effort; however, they cannot accept a project that does not belong to them rising rapidly and becoming a tool for speculators, which is beyond the control of ai16z.

In other words, eliza did not have its own bloodline from the beginning, so it would be better to let lowercase eliza develop freely and then start anew with a new ELIZA.

And in this Space, when some members questioned this new start behavior, Shaw believed that some people were just unhappy because their holdings had dropped, so he ruthlessly kicked them out of the Space and spoke harshly:

"Who are you? ... Go fu** yourself and I don't care."

At the same time, Shaw also believes that AI agents should truly serve the community and not become a cash cow for certain entities.

We cannot judge the quality of personal expression styles, but this statement is indeed somewhat extreme and can easily damage ai16z's image in the community. Accordingly, the market reacted, and the namesake token of ai16z dropped from a market value of 500 million to around 300 million after the announcement and the Space was held.

Conspiracy group vs. community, a new performance of an old play?

Different events, the same formula, does this remind you of the case conflict of Nerio, or the hippo with the same name on different chains?

A play of the conspiracy group and community battle is always being replayed.

In the crypto world, profits come first; as many opinions exist, so do many interests entangled.

Previously, Shaw also posted that if you really want to create a practical AI agent, you are welcome to build it with us, along with the GitHub link for lowercase eliza, showing clear support.

In contrast, the new ELIZA project chose to announce its "independence" at this time, the timing is quite intriguing:

Coincidentally, the original eliza token hit a new high, with a market value close to 50 million dollars. The choice of these timing points seems to suggest that this "independence movement" may have been brewing for a long time.

One can share joy, but not necessarily endure hardships together, much less calmly rejoice in the success of others without sharing a piece of the pie, which is always a regret and dissatisfaction.

Thus, making a capitalized ELIZA became an understandable choice; but understanding does not necessarily mean it is the best choice.

At the same time, the official Twitter of lowercase eliza also voiced, emphasizing that Shaw stands on the opposite side of the community and issued a counterattack:

"Shaw never intended to create an eliza token, so we created it for the community. However, when he saw our success, he wanted to take this success for himself. We were created by the community, to serve the community, and we are not going anywhere."

In the public opinion arena of community vs. conspiracy group, on-chain data also seems to speak for itself.

For example, data analysis shows that after the creation of the capitalized ELIZA, there were multiple large bundled buy orders, with several addresses controlling up to 90%, giving off a conspiratorial vibe; at the same time, according to community user feedback, ai16z member Logan sold off the lowercase eliza tokens and then participated in the new capitalized ELIZA token issuance. This behavior was confirmed by community users tracking through wallet addresses.

Wallet address:

GxkXGe3YcqBdEgBrBh19X3wkLkgJXK2jA4k4nioW2Yg

Under the sun, nothing is new, but there may be worries.

A drama of community vs. conspiracy group is still being played out, will you be troubled by the impact of the case conflict on your holdings?

As for who will ultimately be the Eliza that leads to freedom in the case conflict, the market will naturally provide an answer.