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What is ai16z? Market Cap surged to 80 million US dollars in one day. How did DAOS.FUN behind it start a new wave of meme coin speculation?
As a Solana-based Decentralization AI trading fund, ai16z combines AI agents and community governance, demonstrating the innovative potential of AI investment in DAOs. (Synopsis: Net worth of more than 20 million magnesium, what is in the wallet of AIlaunch coin "Bionic" Truth Terminal? (Background added: AI Meme Coin $GOAT skyrocketed 1400% in two weeks!) Market Cap broke 670 million magnesium, can it continue the rally? On the weekend of October 27, another meme project, ai16z, under the "a16z concept", attracted a wide follow-up from the market, and the Market Cap hit $80 million in just one day. Like GOAT, it not only ignited the hype enthusiasm of degens, but also excited many investors, and the DAOS behind it. FUN has opened the community's imagination to "AI Investment DAO". What is ai16z On the weekend of October 27, a meme token called ai16z quickly spread in the community, and at first glance it looks like another rubbing concept of earth dog plate. Unexpectedly, this project got a "platform" from Marc Andreessen, the founder of a16z. Marc posted on his official Twitter, retweeting the concept image of ai16z and the official Twitter link. Previously, it was precisely because Marc donated $50,000 BTC as a support fund to Andy, the founder of the Truth Terminal Truth Terminal, that Truth Terminal "advocated" GOAT, the meme golden dog, so the market showed great enthusiasm for Marc's support products. ai16z is a Decentralization AI trading fund based on the Solana blockchain, as an "AI investment DAO", the core of ai16z is to use AI agents to obtain market information on on-chain and off-chain, analyze community consensus, and automate token transactions. This new model aims to operate through tokenization, combining AI trading strategies and Decentralization governance to provide investors with more transparent and trusting investment opportunities. The founder of ai16z is @shawmakesmagic, and interestingly, according to his own account, Marc's article shows him how startups or venture capital work, which is very important to him. Many community members also believe that the progress that ai16z brings to DAO investment and the fairness of the encryption project issuance also makes Marc's confidence in ai16z more reasonable, and everyone believes that the convergence of AI and venture capital will greatly change the landscape of the future market. AI16z holders are not only able to participate in the governance of the project, but also receive the income of the fund. Users who hold 100 or more AI16z Tokens can interact with AI agents to influence their trading decisions, and the more shares a user holds in AI16Z, the more weight AI will give to his opinions. Interestingly, this project is also strongly associated with another token called degenai. And degenai is an AI agent token, he and ai16z are developed by a development team, in simple terms, degenai is the robot itself, an AI agent, and ai16z is a redeemable fund. Users do not directly communicate with ai16z for investment decisions, but first have a dialogue with Degen Spartan AI, and indirectly influence the final decision of ai16z through Degen Spartan, and part of ai16z's investment income is also used to buy back degenai. However, for now, most of the messages in Degen Spartan's Telegram channel are just pop-up notifications for on-chainAddress to buy degenai. However, this did not dampen the market's enthusiasm for investing in the new concept, and a16z's tweet quickly pushed ai16z's Market Cap to $80 million, generating a speculative premium that far exceeded the net asset value on its Address (about $70,000 at the time). Of course, the fear of missing out sentiment didn't last long, and both ai16z and degenai suffered "Slump by 50%" this morning. Through the analysis and collation of on-chain data, the community seems to have picked up the cabal hidden behind these two meme tokens. According to the @tocuee, the cabal also operates a number of other meme tokens related to the concept of AI. Among them, LOTUS also rushed into DexScreener's hot token list this morning. Raise money together to invest in meme, the DAOS behind ai16z. What is FUN? After the fire of the "AI Investment DAO" concept, the issuance platform behind ai16z DAOS. FUN has also sparked follow. This is an innovative Meme Token launch platform that aims to provide a more transparent and fair environment for investors in the Solana block on-chain. Unlike pump.fun, DAOS. FUN adopts an invitation system, which means that only screened projects can launch coins on the platform, and this "official selection" mechanism can reduce the burden of screening tokens for users. DAOS. FUN's projects need to reach the target amount of funds before opening for trading, and the get on board cost is the same for all participants. This is something different from pump.fun. In DAOS. The steps to invest in a DAO on FUN include: Fundraising: Creators have 1 week to raise the required SOL amount. This fundraising is a fair issuance for DAO Token, and everyone gets the same price. Transaction: After the fundraising ends, the creators will be responsible for SOL investing in their favorite Solana protocol, and the token will be made public on the virtual AMM. This allows the DAO Token price to fluctuate based on the fund's trading activity. The upside of this curve is unlimited, but its downside is limited to the market cap of financing. As long as the Token's Market Cap exceeds the original fundraising amount, the user can sell the user's DAO Token at any time. Fund maturity: When the fund expires, the DAO Wallet is frozen and the SOL from the profits is returned to the Tokenholder. Users can redeem the underlying assets of the DAO by selling off the user's DAO tokens, or, if their Market Cap is higher than the fundraising amount, they can sell the tokens directly through the curve mechanism. And after a weekend of fear of missing out emotional hype, DAOS. There has been a lot of new investment DAOs on the FUN charts, and all of them have risen amazingly. Of course, the top of the ranking is naturally the two DAO Tokens with a16z and Sequoia Capital as the main concepts. It is worth noting that DAOS. FUN not only inherits products such as Pump.fun and Moonshot in terms of track and style, but even comes out of the same class. In DAOS. After the FUN fire, people quickly discovered that it was also a product incubated by AllianceDAO. This year, the AllianceDAO hatched one after another...