This week, the DAO of investments assisted by an AI16Z agent was the subject of a rebranding to become Eliza. What motivated this name change?
Ai16z becomes Elizaos
In the space of a few months, The Decentralized Autonomous Organization (DAO) of investment fueled by artificial intelligence (IA) AI16Z has been able to talk about itto the point that his token is currently capitalized at more than $ 677 million.
But despite this evocative name, the project actually has no connection with the real A16Z investment fund founded by Marc Andreessen and Ben Horowitz. Moreover, Chris Dixon, founder and managing partner of A16z Crypto, explained on Monday in a Podcast in Unchained that the company had asked them to change their names to avoid confusion and that it was in progress.
💡 What is a16z?
Tuesday, the creator of the project thus formalized the news, By announcing that I16Z was now becoming Elizaos ::
While we continue to develop in several countries, develop our basic technology and promote an incredible community of developers, we implement a rebranding initiative for Elizaos. AI16Z started as a playful reference when our goal was to raise $ 75,000 to create an autonomous investor. Thanks to incredible contributors, we quickly became one of the largest projects in the sector.
For the time being, the token will nevertheless keep the Ticker AI16Z, pending changes formalized by a community vote of the DoA.
👉 In the news also – +18 % on the Move: World Liberty Financial buys the token and rumors of use by the Doge appear
When writing these lines, the AI16Z price was $ 0.61, down 4.86 % over 24 hours. While the Prix du Token has still been divided by more than 3.8 since the highest of January 3, it will be necessary to see if the project will find a certain sustainability following this change of name.
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Source: X
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Since 2021, I have devoted my free time to seriously train myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to carry out interviews with influential personalities from the blockchain industry. I also conduct in -depth analyzes on web3 themes to offer exclusive content to cryptoast readers.
Vincent Mayor
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