Coinspeaker ai16z to Adjust Tokenomics amid Plans to Launch L1 Blockchain

AI agent protocol ai16z is working on adjusting its tokenomics while considering the possibility of launching its Layer-1 blockchain. In light of these plans, the team behind the protocol is now in discussion with contributors, exploring strategies to improve its token’s value accrual.

ai16z Team Prepares for Pump.fun-like Launchpad Debut

Ai16z is a Decentralized Autonomous Organization (DAO) that operates on the Solana blockchain.

Though it is similarly named as the popular venture capital firm Andreessen Horowitz (a16z), they are not related. Ordinarily, it presents a platform that lets developers create their own AI agents. This is achieved through the Eliza development framework that powers it.

Part of the consideration of the platform’s governance is a phased overhaul of its tokenomics.

Starting from Q1 2025, ai16z plans to launch a token launchpad similar to the embattled Solana-based Pump.fun. The development team looks forward to making it the central hub for deploying AI projects based on the Eliza framework.

Also, it intends to make its native token the base currency for agent-to-agent interactions.

Like existing launchpads, the ai16z solution would see the implementation of mechanisms that capture value. This includes launch fees, ai16z token staking for access, and strategic liquidity pool pairings. The document shared with contributors details the push to debut an L1 blockchain last.

The Layer-1 blockchain would be designed and centered on AI applications, especially as the AI industry sees some expansion.

Meanwhile, ai16z recently achieved a market capitalization of $1.5 billion. This made it the first Solana AI agent token to surpass the $1 billion mark. In the last two months, the project has recorded more than a tenfold increase in value.

AI Agents Projects Garner Attention

Retail and institutional investors’ increasing interest in AI agent-related blockchain projects fueled this growth.

A few days ago, Stanford University’s Future of Digital Currency Initiative (FDCI) and Eliza Labs, open-source Eliza agent framework creators, announced a strategic research partnership. The partnership hinges on exploring how autonomous AI agents could transform digital currency systems.

The deal will kick off in Q1 2025, combining Stanford’s expertise in digital currency research and Eliza Labs’ cutting-edge capabilities in autonomous agent development. This alliance will address questions about how AI agents can establish trust, coordinate actions, and make decisions within Decentralized Finance systems.

Professors Dan Boneh and David Mazières, who will oversee the research fellowship program, stated:

“This collaboration represents a unique opportunity to shape how AI agents will interact within digital economies. By combining FDCI’s established infrastructure with Eliza Labs’ expertise in multi-agent systems, we’re positioning ourselves at the forefront of this transformative technology.”

Amid the growing popularity of AI agents, many are now getting VC funding. Decentralized protocol Skynet raised $1.2 million in pre-seed funding. Some of the contributors are angel investors from Github, Polygon, Veracode, and Monotype.

The fund is targeted towards sustaining the development of “The World’s Resource Blockchain™”, which connects global resources.

This solution empowers AI agents to make payments and carry out real-world tasks across different platforms worldwide.

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ai16z to Adjust Tokenomics amid Plans to Launch L1 Blockchain