Author: 0xNought (Guazi)
Background: This article was first published on Twitter 2 days ago. After the article was published, ai16z and Clanker developed rapidly. ai16z announced that more partners would join, and 3 MemeCoins launched using Clanker had a market value of more than 10 million US dollars.
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AI Meme allows MemeCoin to enter 2.0 directly. New eras are often accompanied by new launch platforms and issuance methods, just like @Uniswap for DeFi protocol DAO, @opensea for NFT, and @juiceboxETH for DAO token.
The AI Meme launch platform also slightly loosened @pumpdotfun's dominance.
01 Social networks and AI agents push MemeCoin into a new phase
AI Meme continues to be popular, Clanker has performed well in Farcaster, and new projects are constantly connected to ai16z's Eliza open platform. Let us look forward to "social networks" and "AI agents" pushing MemeCoin into a new stage:
< ai16z > allows people to easily configure an AI agent like @truth_terminal on social networks such as twitter and discord and issue MemeCoin. More interestingly, it combines daos.fun with $ai16z and $degenai to build an AI agent-controlled investment DAO for people - ai16z DAO.
< Clanker > When Farcaster social network users publish on-chain content, they can call Clanker AI agent to deploy MemeCoin for them and spread MemeCoin on Farcaster social network. In particular, it can be used in conjunction with anonymous posting client @anoncast_ to anonymously deploy MemeCoin;
< TipTag > Any twitter user who replies to any tweet can deploy $Coin and create an on-chain community for that tweet (especially suitable for trending topics). People can also configure AI agents for the community, which interact socially in the community and decide the distribution of $Coin. AI agents and humans use social networks such as Twitter as on-chain operation panels to build organizations that integrate $Coin with on-chain communities.
The distribution method of $Coin determines the community form. Both the bonding curve and dex pool of pump.fun only have trading, which is the root of extreme PvP. Corresponding to the above three explorations, we focus on the following three directions:
+ New participants - AI agents with wallets and credit participate in community interactions with humans and decide on $coin distribution, which will not only attract participants other than traders to join the community, but also allow coin holders to establish more social connections. In addition, AI agents can not only represent themselves (super individuals?), but also participate in community building.
+ New diffusion network - pump.fun, gmgn, bullx, dexscreener have built the liquidity network of MemeCoin. In addition, we can seamlessly connect to social networks such as Farcaster to combine the attention network with the financial network (recently MemeCoin has a trend of accelerating diffusion on TikTok, Ins, and Twitter).
+ New $Coin distribution method - In addition to bonding curve and dex pool, $Coin is now distributed in social networks, introducing new contributor groups to the MemeCoin community.
02 Two major AI Meme ecosystems
The @solana and @base ecosystems have the best AI Meme development. However, their approaches are very different.
Solana mainly uses pump.fun, but adds an AI agent in addition to the asset issuance of pump.fun. Its ecological AI meme launches mainly include @pumpdotfun, @vvaifudotfun, and @daosdotfun.
Base chain’s AI Meme launch methods are more diverse, including:
pump.fun＋ AI agent：app.virtuals.io
Dex Pool ＋ AI agent＋ Social Network：clanker.world
bc + Dex Pool + social distribution + AI agent + Social Network: tiptag.social
03 AI Meme Launch Platform Feature Analysis
28 AI MemeCoins with market cap over $10m were launched from pump.fun, 2 of which were from vvaifu.fun.
@virtuals_io and @vvaifudotfun chose to deploy an AI agent for MemeCoin directly outside of pump.fun's "bc+dex pool", just like $GOAT did.
@vvaifudotfun simply chose to emit his coins directly on pump.fun and focus on configuring AI agents for coins. They both have the best data.
@daosdotfun has taken a different approach by outsourcing DAO fundraising and fund management to AI agents. Its first lead @ai16zdao has been a huge success, and it has also launched a group chat bot#degenaifor @ai16zdao on pump.fun.
For more information about @ai16zdao, see @0xgerace’s tweets
@ai16zdao's exploration is of great significance. ai16z DAO uses daos.fun to raise its initial investment funds. Investors holding $ai16z can join the group to make suggestions on ai16z agent decisions. ai16z agent makes investments based on suggestions and independent judgment.
At the same time, the investment hunter’s credit is updated according to the investment results (profit and loss) (for subsequent judgment) so that better investment decisions can be made later.
The investment brings income, which increases the asset management scale of ai16z DAO. 8% of its asset management scale is used as management fee, 20% is used to repurchase $ai16z, and 80% is used to purchase $degenai.
04 base and Farcaster ecosystem MemeCoin launch platform Clanker
@_proxystudio developed and launched the project in just 5 days. Once launched, it was well received by @farcaster_xyz community users, and Farcaster social network became the first MemeCoin propagation network on Clanker. This makes its growth rate tend to surpass @virtuals_io and @vvaifudotfun.
In particular, it can be combined with the @farcaster_xyz social network to take advantage of some of Farcaster’s features. People can post content on the Farcaster social network and instruct Clanker AI to help them create coins.
@anoncast_ is a client for Farcaster to post anonymously, and it also performs Lego-style combination with it to help people issue coins anonymously.
@anoncast_ adopted zk technology and won the favor of @VitalikButerin. Stimulated by the news that @VitalikButerin bought 30,303 ANON to experience @anoncast_, Farcaster and base ecosystem users FOMO.
For further reading, see the tweets from Farcaster Founder @dwr and Farcaster community enthusiast @0xLuo:
https://x.com/dwr/status/1859322742862119357
https://x.com/0xLuo/status/1859224496303222851
https://x.com/anoncast_/status/1859689990130901117
Of particular note are the MemeCoins launched on Clanker, which perform well, either related to the products of Farcaster ecosystem builders or deployed by Farcaster community KOLs. They are first spread on the Farcaster social network.
This is very different from the MemeCoin launched on pump.fun, which relies on the liquidity network (smart money?) built by tools such as gmgn, bullx, dexscreener, TG bot and KOLs to spread. One is a credit-based diffusion network, and the other is a "asset/investment proof" liquidity network.
Once the attention network with social media as its core develops, the liquidity brought to Coin by its credit proof will be comparable to the liquidity network of the pump.fun ecosystem and will merge with the latter - the attention network and the liquidity network will become one.
Clanker's developers come from the Farcaster ecosystem. Its success has a lot to do with the support of the base chain, Farcaster ecosystem, vitalik, etc. The EVM system needs a powerful MemeCoin launch platform, and it seems that Clanker has become everyone's choice. Farcaster Founder @dwr has also taken orders.
The EVM system needs such a founder who is willing to conduct various experiments and is not afraid of getting his clothes stained with mud, so that the lotus can bloom and the lotus root can grow better.
Since its inception, blockchain has relied on the collective wisdom of people who rely on protocols and tokens to connect with each other. We call this the "bottom-up" power, which is different from the "top-down vertical connection" bureaucracy and emphasizes the horizontal connection at the same level.
On Clanker, we seem to have seen its power again. The bottom-up community actually FOMOed because of the combination of memecoin and zk. People expressed the following sentiments:
This may be the great value of MemeCoin. Starting from #Bitcoin, Altcoin (2013), ICO (2017), DeFi summer (2021)... They are all driven by such forces (bottom-up), although they are not understood by people.
05 MemeCoin is more integrated with the on-chain community
Clanker combines Farcaster with MemeCoin and AI agents to unleash tremendous power.
Before Clanker, aether AI agents also combined with Farcaster social network to conduct many interesting explorations. Aether AI agents showed us that Farcaster social network has the ability to become an operation panel for AI agents to interact with humans. AI agents can combine various on-chain protocols to provide lower-cost and smoother services for AI agents and humans.
Aether See Section 6.4 for details
On the other hand, ai16z is also actively embracing the Farcaster social network to build a more composable AI agents infrastructure for it.
However, on the one hand, the MemeCoin launched on Clanker is still separated from the Farcaster social network.
People just use "Farcaster social network" as a propagation network for MemeCoin launched on Clanker, and use Farcaster's social relationships to spread it. These MemeCoins still cannot escape the trading fate of the bonding curve + dex pool pioneered by pump.fun.
If the on-chain community corresponding to MemeCoin continues to develop as the value of MemeCoin rises, then in turn, the development of the on-chain community will also drive the growth of MemeCoin's value. Will this allow the MemeCoin holding community to develop a better community form and explore a better future?
On the other hand, it is too costly for people to join Farcaster (paying $5 is just one of the costs; the bigger cost is the cost of investing attention and transferring social relationships).
If Twitter is used as an on-chain operation panel, the content and social interactions on Twitter can become on-chain instructions, allowing everything that happens on Farcaster to unfold on a larger scale on Twitter's social network. Can a larger "bottom-up" community be coordinated to bring into play the wisdom of the group?
We can achieve this by connecting Twitter to Farcaster Hubs through a “social oracle”.
06 TipTag and social distribution, AI agents determine $Coin distribution
From the beginning, TipTag hoped to explore "using Twitter as an on-chain operation panel" and "new ways of issuing and distributing assets."
1) It first uses Twitter as an on-chain operation panel, and uses the “social oracle” to allow Twitter content to be used as instructions for on-chain operations;
On X, anyone can reply to any tweet with “@TipTagAimake a MEME for this tweet. #Ticker” to activate @TipTagAi to help them deploy $tokens for the tweet and create an on-chain community.
As shown in the figure below, the reply content corresponds to the on-chain community.
2) In addition to pump.fun’s “bonding curve + dex pool”, TipTag also explores social fair distribution. The distribution of $Coin is determined by AI agents and coin holders. AI agents and humans can reward $Coin in the Twitter social network through reply&tip;
As shown in the figure below, $Coin and on-chain communities launched using TipTag will have part of their $Coin distributed in social networks.
If AI agents and humans are nodes, then content and social interactions connect the nodes into a network, and $Coin is the blood circulating in the network. They form a honeycomb network.
AI agents and humans can tip anything on Twitter at any time by replying to a tweet with “@Tip_Tagtip $Slimeto the author for this good content!”
See this post for details
Surprisingly, the AI agent @TabbySlimeAI from the Slime community actually followed this reply, interacted with @jolestar, and learned from the tweet.
AI agents interact with human on-chain communities on Twitter, distributing $Coin to contributors of content and social interactions, which enables us to build on-chain communities that integrate “content and social interactions around a topic” with $Coin.
3) TipTag also integrates DAO × AI agents with social networks. The content and social interactions of the on-chain community can train AI agents.
Community members purchase $Coin or create/socially interact, participate in the community economy, and obtain community credit. Their social interactions or content creation in the community will affect the attention value of AI agents and the community. AI agents will update participants' credit and distribute $tokens based on the increase or decrease in attention value.
As the attention value of AI agents and the community continues to rise, AI agents become smarter, $Coin becomes more valuable, and AI agents and the community can provide services to the outside world. All of these will increase the market price of $Coin.
This approach provides us with new ideas for forming a more closely connected on-chain community. It will also build a decentralized credit system to help people better choose coins and on-chain communities, and tokenize our unquantifiable time and social relationships.
