Original text: (A tweet received 35,000 SOL, what is AI-Pool for ai16zdao members presale?)
Written by: Deep Tide TechFlow
Trends are cyclical, and this applies to crypto as well. After getting bored with the PvP of PumpFun, the market has returned to the old play of presale from the beginning of the year — but this time with a new AI narrative.
Early this morning, Twitter user Skely (@123skely) tweeted announcing the presale of the AI token project AI-Pool (@aipool_tee). Perhaps the identity of @ai16zdao members gave Skely some endorsement, as over 10,000 SOL were raised in less than two hours after the presale began, and more than 35,000 SOL were raised half a day later.
The method of injecting money into the presale was popular earlier this year, with many projects raising over ten thousand SOL, but few achieved good results in the end. Logically, the market has become disenchanted with such methods; what is different about this presale?
AI-managed presale type Pump.fun?
In simple terms, the project AI-Pool is a 'money injection DeFi' managed by AI agents.
Skely stated in a tweet that the early presale money injection model (like slerf, bome, etc.) was naturally a happy outcome if a large amount of capital could be raised and successfully launched. However, this money injection into personal wallets poses a significant test of human nature; even if the developer had no malicious intent at first, the temptation grows with the increasing amounts of money injected, as evidenced by GM.AI.
The current pumpfun model does avoid some potential centralized malfeasance. However, it is now filled with bots at various stages: fake reviews, market sniping, trend tracking... Even with a mechanism for fair launches, the opportunities for retail investors to truly participate fairly in trading are dwindling. Not only do they have to PvP with people, but they also have to PvP with bots that are online 24 hours.
In short, these participation methods are absolutely unfair to retail investors. Since pumps can't compete with bots, and humans often break their promises under the presale model, it is better to let AI manage the presale process.
How does AI-Pool work?
This is a smart token issuance system built on a trusted execution environment (TEE). At its core is an AI agent running in the TEE, ensuring that its operating environment cannot be attacked or tampered with by hackers through special security mechanisms. The system uses a carefully designed private key management scheme to ensure that the private key is never accessible to humans, fundamentally guaranteeing the security of the system.
In daily operations, the system accepts two forms of capital injection: small donations (less than 1 SOL) and larger investments (1 SOL or more). These funds will flow into a smart wallet managed by AI agents. The AI agents will use these funds to launch new token projects on the Meteora liquidity pool and reward qualified investors through airdrops.
Throughout the process, each wallet operation generates remote authentication certificates, which are used not only to verify the legality of the operation but also to ensure that the wallet's derivation process and access permissions are traceable and secure.
Skely also specifically emphasized that this series of developments was completed using the ELIZA framework of ai16z.
The core mechanism of the project is as follows:
Fund reception: Users send SOL directly to the AI agent's wallet address (opRyDjuRetWnsP78FNFTPEnAJX7AkjuD6GTP7tsqHXd) with a minimum of 1 SOL and a maximum of 10 SOL:
Amounts below the minimum will be considered donations
Security assurance: Through @PhalaNetwork's TEE (trusted execution environment) technology:
Private keys are generated and stored in the TEE
Developers cannot access private keys
All operations can be verified in terminal logs
Liquidity management:
AI will create liquidity pools through Metoria (rather than PumpFun)
Transaction fees will flow directly back to the AI wallet
Eligible participants will receive token distribution
At the same time, Skely also mentioned in a tweet that this presale is not completely risk-free:
Currently, the project is still in V1 version, and 10% of the supply will be sent to a custody wallet (publicly visible). These funds will be used for potential future exchange listings, or other integrations (cross-chain LP pools, etc.), or for burning. Technically, developers can push code change rules, but this requires about 24 hours of execution time. Of course, once the tokens go online and are locked, they cannot be changed.
He also mentioned that in V2 and future versions, the team hopes to make the AI agents in the project fully autonomous, potentially operating in a DAO format, so that everyone can benefit from the fees flowing to the AI agents' wallets, while also introducing some whitelist technology and blacklisting those who attempt to snipe or manipulate the system.
Market FOMO injects money, but the details of the issuance mechanism are unclear and criticized
From the speed of funds injected into the market, this presale was indeed successful. The presale address received over 35,000 SOL in less than half a day, worth nearly 7 million dollars, although it was stipulated that the presale limit was 10 SOL per address, there were still people who injected over 500 SOL into the presale address in one transaction.
Presale address:
opRyDjuRetWnsP78FNFTPEnAJX7AkjuD6GTP7tsqHXd
Skely himself did not expect that this presale would create such FOMO, stopping the presale when the account neared 30,000 SOL, stating that any further funds would only be used as LP entry (but how much is the hard cap and how the excess SOL is allocated remains unclear).
The funds to be injected are indeed injected, but this presale has some serious problems that have made users unhappy:
Just allowing money to be injected, but Skely did not set a hard cap for this presale from the beginning, leading to an increasing amount of SOL in the presale address, which may dilute the shares of early investors, causing unease and dissatisfaction among people. Some Twitter users bluntly said: isn't this just a presale with an AI shell wrapped around it? Only when money can be withdrawn is it real.
The distribution mechanism is unclear; Skely stated in the tweet that tokens will be allocated to 'worthy individuals', but this standard itself is too subjective, and Skely seems to have provided no further explanation for this statement.
Some have uncovered that the project's Twitter @aipool_tee has been renamed multiple times, and the previous name (cable) wasn't very nice... However, Skely later tweeted to acknowledge that the project account had indeed been renamed multiple times but claimed it was only to come up with a more suitable name, nothing more.
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