- Ai16z release of its launchpad proposal
- Ai16z capitalization reached a record $1.7B
- Ai16z continues plans to grow the AI ecosystem
The decentralized autonomous organization and its token Ai16z continue to exceed its $1B capitalization having experienced another spark following the release of its launchpad proposal.
The company is developing new strategies to expand its ecosystem with a focus on AI services, including making Ai16z the L1 blockchain for AI agents and the main currency for the AI app store.
More About Ai16z Launchpad Proposal and Another Capitalization Boost
Ai16z is gaining popularity, and the whales who probably accumulated it earlier were not wrong to do so. At least for now, Ai16z is showing a 50% increase since its December 28 jump and reaching a market capitalization of $1.5B.
This was an important marker, as Ai16z became the first Solana AI agent to break that mark and the story doesn’t end there. Although Ai16z corrected to $1.3B on December 29, it’s launchpad proposal and set a new record of $1.7B market capitalization.
At the moment of writing, its capitalization is $1.93B and the price is $1.76.
Its launchpad will be somewhat similar in its goal to Solana’s Pump.fun, but will have a slightly different approach and focus. It will primarily utilize the Eliza, AI agent creation framework, and support various use cases, such as agent-to-agent interactions and multi-chain integrations.
“The goal is to build a self-sustaining economic system that aligns the interests of individual projects with the overall growth of the ai16z ecosystem by making it easier for projects to launch, grow, and maintain liquidity.”
However, it is likely that this is only part of the plan, as it also potentially considers expanding the ecosystem by making Ai16z L1 blockchain for AI agents, as well as Ai16z the base currency for interactions between agents and the default app store for AI agent services.
Conclusion
Going to the root, their effort looks like an attempt to create a decentralized AI platform with a set of AI applications, backed by blockchain as the main way of exchanging data between them, as well as providing liquidity for the platform.
This could be a very promising approach that has probably crossed the minds of many who have seen a great combination in the key technologies of our age of blockchain and AI.
However, a lot depends on the implementation and it remains to be seen how successful it will be for Ai16z. Be aware and stay tuned.
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