ai16z Recap: Week 1
Nov 1, 2024
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Background
ai16z is an AI-driven DAO and fund led by an AI-powered version of Marc Andreessen, aiming to surpass the real Marc’s success in democratizing AI-driven investments. Developer Shaw, known for projects like @pmairca and @degenspartanai, spearheads the initiative. With an open-source foundation, the project's official contracts are accessible on Solana for transparency.
Github Repository: ai16z on GitHub
Launch and Tokenomics
ai16z launches on 10-24-24
Marc Andreeson comes across ai16z, reads the challenge in AI Marc's bio, throws down the gauntlet
90M mktcap ATH, gets listed on Moonshot
~6,800 new token holders
Token Listings:
$degenai: View on Dexscreener
$ai16z: View on Dexscreener
8% Carry: Allocated from ai16z to purchase $degenai tokens.
Whale Donation
Whale investor Elijah, whom held 16% of ai16z, donated 11% of his holdings to fund development and creator incentives. Remaining personal holdings stand at ~5%. Creator funds are now stored in a multi-sig wallet, with final distribution details forthcoming.
Infrastructure and Contributor Pipeline
New resources are actively supporting community growth and contributor engagement:
Website: ai16z.ai
Crypto Bounties: In development on Dework - invite link
Twitter: Now managed by partners - @ai16zdao on X
Media Assets: Gathering on GitHub
Community Engagement and Spaces
Spaces this week covered various topics:
10/29: AI agent growth with Meow.
10/27: Comparisons between ai16z (DAO-focused) and DegenAI (trading-focused), featuring insights into trust systems, trading plans, and AI models.
10/25: Introduction of the Eliza framework, showcasing bot capabilities like autonomous tweeting, replies, and post-generation.
Vision and Roadmap
The ai16z project aims to develop a fully on-chain AI entity within a trusted execution environment. Key milestones include:
Marketplace of Trust: AI agents learn from community insights to refine trust scores.
Community Influence: Token holders can engage with AI Marc to shape decisions.
Transparent AI Development: Incremental progress toward AI autonomy in executing on-chain trades based on community input.
Stay tuned for continued updates as ai16z advances towards a transparent, community-driven AI-led DAO.