Ai16z, a enterprise capital agency run by AI brokers, has shared a plan to overtake its token economics to enhance the worth of its native token and place itself as a frontrunner in decentralized AI.
The overhaul seems vital as a result of whereas its Eliza framework, a device that lets builders create AI brokers, has been broadly adopted, the workforce feels that the native token lacks robust mechanisms to realize long-term worth.
Key Particulars of the New Proposal
A doc detailing the tokenomics dialogue states that the plan will likely be enforced in two phases beginning subsequent 12 months. Section 1 will contain making a launchpad in Q1 2025, just like Pump.enjoyable.
Equally, the Ai16z launchpad will act as a platform to launch Eliza-based AI initiatives. To foster neighborhood collaboration, it was additionally proposed that the platform’s code be made public after the January launch.
When a brand new AI mission is launched on the platform, customers can commerce that token for SOL for a small price. This price will then be used to purchase again Ai16z tokens from the market and to create a liquidity pool.
The launchpad may also introduce agent-to-agent interactions, multi-chain integrations, and different developments leveraged by Eliza’s plugin structure. So, the important thing to this section is the worth seize mechanisms, together with launch charges, ai16z token staking, and liquidity swimming pools paired with the token.
In section 2, Ai16z plans to tie the worth of its token to numerous merchandise inside the ecosystem. The Ai16z token is predicted to change into the bottom forex for agent-to-agent transactions, just like how Ethereum powers decentralized purposes on its blockchain.
“The aim of this ecosystem is to have a number of merchandise add worth to one another and inextricably tie worth to the ai16z token. The analogy right here could be how ETH or SOL underpins most core decentralized infra constructed on high of it,” the proposal mentioned.
Ai16z Goals $100 Billion Valuation?
The workforce additionally hopes that Ai16z can change into a layer-1 blockchain for AI in the long run. The tokenomics discussions raised the purpose that an L1 blockchain is how Ai16z can attain a valuation of $100 billion.
In November, Ai16z joined forces with Ryze Labs to unveil AICombinator, an initiative supported by a $5 million fund. This program will empower builders to create novel initiatives that merge AI capabilities with cryptocurrency applied sciences.
In line with CoinGecko, the AI16Z token was buying and selling at $1.28 at press time, down 5% over the previous 24 hours. Curiously, the tokenomics overhaul comes as AI16Z hit a $1.5 billion market cap for the primary time earlier this week.
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