ai16z considers tokenomics overhaul and layer 1 blockchain launch amid increased whale activity

Crypto whales have shifted focus to ai16z tokens. To that end, the AI agent platform is considering changing its tokenomics and potentially building a layer 1 blockchain as the year comes to a close.

The team has initiated discussions with contributors to enhance the value accrual of its token. ai16z’s most recent governance considerations involve a gradual revision of its token economics.

According to sources, the entity intends to create a token launchpad similar to Pump.fun in the first quarter of 2025. This platform may be the core center for deploying AI projects built on the Eliza framework, with its native token serving as the base currency for agent-to-agent interactions.

In addition, the launchpad could employ various value capture mechanisms, such as strategic liquidity pool pairings, ai16z token stake for access, and launch fees. The project could also contemplate the launch of a layer 1 blockchain that is specifically designed for AI applications, as indicated by a document that contributors have shared.

ai16z surges to a $1 billion market cap

Following the introduction of its new advisors, ai16z has seen significant accumulation by large investors. The token reached a market cap of $1.5 billion over the weekend before retreating to a value of around $1.4 billion at the time of writing. 

According to Lookonchain, a whale purchased 2.86 million governance $AI16Z tokens at an average price of $0.90 per token. They completed the transaction by withdrawing 13,000 Solana (SOL) tokens from Coinbase, valued at $2.58 million. 

6 hours ago, a whale withdrew 13,000 $SOL worth $2.58M, from #Coinbase and bought 2.86M $AI16Z at an average price of $0.90.

After the purchase, the whale transferred $AI16Z to the main wallet, which now holds 15.6M $AI16Z worth $14.93M.

The main wallet, with a portfolio… pic.twitter.com/ziNzwehMZQ

— Onchain Lens (@OnchainLens) December 25, 2024

In addition, a whale, designated as -AVLKwK…x1Mv, spent 3.71 million USDC to acquire 2.96 million tokens at an average price of approximately $1.253. Another whale, -65FwXv…T4HE, acquired 1.51 million tokens at an average price of approximately $1.247 by using 10,000 SOL, which is equivalent to $1.88 million.

2 whales bought more $ai16z today. #ai16z

E9uD…Y9cf bought 3.09M $ai16z($2.46M) 2 hours ago.

The whale has bought 18.7M $ai16z($15.72M) at ~$0.45 in the past month, with an unrealized profit of $7.36M.https://t.co/CBN4YKHWqk

6gqH…dyDo bought 1.4M $ai16z($1.27M) 15 hours… pic.twitter.com/CNuDRdzBtz

— Lookonchain (@lookonchain) December 26, 2024

Still, in the past month, whale wallet E9UD…Y9cf has amassed a total of 18.7 million ai16z tokens. This is approximately $15.72 million, representing an unrealized profit of $7.36M.

The AI trend in collaboration with ai16z and Ryze Labs

Eliza Wakes Up’s new AI protocol project has teamed up with Shaw, the founder of ai16z. This has made the AI16Z whale buildup even stronger. Eliza Wakes Up announced this partnership at the same time that they hired top advisors, such as Jeff Wolcott. He is the head of Eliza Studios and ai16z Creative.

This will enable users to employ Eliza agents to transmit ETH and ERC20 tokens on the Abstract testnet. Automating these transfers through configuration file commands makes the process more efficient. This integration expands the ai16z ecosystem and improves Eliza’s capabilities.

Notably, Matthew Graham, the founder of Ryze Labs, and Ropirito, an expert in Nous Research, are two other advisers. Now, the project has solidified its place as a new player in decentralized solutions. It uses AI and is stepping up its story of combining AI protocols in decentralized ecosystems.

Big news from @ElizaWakesUp

4 of Eliza’s closest friends join the @ElizaWakesUp project as advisors. @shawmakesmagic Creator of ElizaOS, Founder ai16z.@whobody Director at Eliza Studios, Creative at ai16z.@ropirito of Nous Research, ropAIrito, tee hee he, god, s8n.… pic.twitter.com/j8Xm0StS5M

— Ava (@AvaDoesAI) December 27, 2024

On the other hand, Ryze Labs is dedicated to the development of AI combinator initiatives that integrate blockchain infrastructure with next-generation AI capabilities. ai16z and Ryze Labs are at the forefront of crypto and AI initiatives, using the decentralized architecture of blockchain to facilitate the development of more autonomous, intelligent AI.

Still, ai16z plans to develop decentralized, scalable AI solutions that enhance the user experience by bringing DAOs and other blockchain-based systems closer to the user. In addition to altering DeFi, it says it is pushing the boundaries of what blockchain-based ecosystems can do through the innovative use of AI and decentralized venture capital.

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