For ai16z, there is no moat at present, only leading advantages. The first reason is that it does not have the ability of PumpFun and has not attracted liquidity. The second is that for the framework, the core advantage should be to have more awesome developers (Shaw has been doing it recently), develop more awesome agents (using the Eliza framework, but in fact there is not, because the agent itself is very early and there are still few valuable agents), and attract more consumer users.

In addition, the competition for frameworks on solona today is similar to the competition for large models in China. A year ago, the leading Chinese company that provides large model capabilities (including some supporting capabilities, you can understand it as a framework) was Baidu, and now it is ByteDance and Alibaba.

First, ByteDance and Alibaba have caught up with and are ahead of Baidu in the ability of the base model. Second, ByteDance and Alibaba are willing to provide lower prices and better services to developers, so they can attract more companies and developers to use their model capabilities. Third, Baidu’s own problems, Baidu will always be Baidu, Baidu will continue to lag behind in the new wave, just like in the mobile Internet era.

Back to the framework competition on solona, ​​ai16z's current leading advantage is 1) it has attracted a number of devs to use Eliza to develop agents, even though most of them are still useless; 2) ai16z has already reached a high level, with strong support from the market makers behind it, attracting most of the attention.

But because the agent itself is in the early stages, ai16z does not have a moat. If a strong person (awesome dev team + strong capital) enters the game later, everything is still uncertain. So we can see that Shaw runs around and makes friends for the sake of the ecological plan. He scolded Sun Ge before, but he can also laugh it off. Let's build! #2025有哪些关键叙事？ #XRP重返市值前三 #比特币走势观察 #币安Alpha公布第10批项目