The AI-driven meme coin DAO venture ai16z has recently attracted attention from a16z's CTO in Silicon Valley, causing the price of ai16z tokens to soar. It also announced a partnership with Ryze Labs to launch the 'AICombinator Project', establishing a 5 million dollar fund to support new projects at the intersection of AI and blockchain. The combination of AI and cryptocurrency technology is expected to become a new trend in the future.
A single statement from a16z's CTO in Silicon Valley ignited ai16z's market value to surpass 480 million dollars.
Recently, a16z (Andreessen Horowitz) CTO Eddy Lazzarin responded on Twitter to ai16z founder Shaw, causing the price of ai16z tokens to soar. This was initiated by Shaw seeking contact with a16z on Twitter, and a16z's own CTO Lazzarin quickly replied to Shaw, saying 'Check your DMs', suggesting a possible collaboration. This short interaction directly drove the price of ai16z tokens to soar over 50%, with a market value surpassing 480 million dollars.
a16z founder Shaw and a16z's CTO greeted each other on Twitter with the launch of the 'AICombinator Project', supporting the next generation of developers.
In addition to the market frenzy surrounding ai16z tokens, ai16z has also partnered with Web3 venture capital company Ryze Labs to launch the 'AICombinator Project', providing 5 million dollars in funding to support new projects at the intersection of AI and blockchain, allowing participants to be among the first to use ai16z's core AI tool, Eliza.
The AI tool Eliza can be used to develop 'interactive' AI characters that can connect with social platforms such as Discord and Twitter. It is currently frequently applied in the development of AI agents in the cryptocurrency field. In the future, Eliza also plans to expand into applications such as trading and asset management, driving the growth of the entire ecosystem.
ai16z and Ryze Labs collaborate to launch the AICombinator startup project. The combination of AI and cryptocurrency technology is expected to disrupt traditional financial models.
Previously, a16z founder Marc Andreessen also mentioned in an interview that he is optimistic about AI becoming the core of internet creativity and knowledge exchange, using an AI robot from New Zealand called Truth Terminal as an example to demonstrate the potential of AI to make decisions on its own. Truth Terminal was able to raise funds on its own and ultimately succeeded in raising 50,000 dollars in Bitcoin with Andreessen.
Ryze Labs co-founder Matthew Graham stated that the combination of AI agents and cryptocurrency technology represents the most important technological transformation following the explosion of on-chain DeFi in 2020. Joven Wu, head of Ryze Labs, added that a16z founder Shaw's vision is to enable 'everyone to create AI agents' and allow AI agents to learn and adapt to various situations while mastering multiple skills. Wu believes that the combination of AI and cryptocurrency technology will completely disrupt traditional financial models, and this is just the beginning.
(a16z founder astonished: AI robot Truth Terminal can raise funds on its own and propose a business plan to profit on its own)
This article AI Agents: ai16z's market value surpasses 480 million dollars, in partnership with Ryze Labs to co-launch a 5 million dollar startup project first appeared in Chain News ABMedia.