
AI16z, a undertaking capital fund powered by way of AI brokers, has formally rebranded to ElizaOS, marking a strategic shift in its enlargement and place within the trade.
Following the announcement, CryptoSlate’s knowledge indicated that the undertaking’s AI16z token is now buying and selling at $0.61, appearing a 6% drop in 24 hours and a 50% decline during the last week.

Why the rebrand?
ON Jan. 29, the undertaking founder, Shaw Walter, defined that the verdict was once borne out of the desire for a more potent id because the adoption of its generation grows.
In step with him:
“We’re turning towards the following bankruptcy of the undertaking. As we proceed to amplify throughout more than one international locations, broaden our core generation, and foster an unbelievable neighborhood of developers, we’re enforcing a complete rebranding initiative to ElizaOS.”
Walter famous that AI16z to begin with began as a lighthearted connection with VC company Andreessen Horowitz (a16z) whilst elevating $75,000 to construct an independent investor. Then again, as adoption surged, the undertaking scaled impulsively, expanding its belongings beneath control (AUM) by way of 300x in 3 months.
This rebrand is ready to determine a more potent, extra unified id that “opens thrilling doorways to collaboration with established avid gamers desperate to leverage our groundbreaking tech.”
He added:
“Eliza will proceed to be our mascot and the face of the undertaking. The $ai16z ticker stays for now, with long term adjustments to be voted on by way of the neighborhood when our DAO vote casting module launches. We can now not create extra tokens.”
The undertaking operates at the Solana blockchain and integrates AI with neighborhood participation. It permits its holders to paintings along the AI agent Marc AIndreessen to suggest and vote on funding methods.
ElizaOS v2
In the meantime, the rebrand additionally aligns with the approaching release of Eliza v2, a next-generation AI agent framework designed to push automation and clever making plans to new heights. The up to date framework integrates hierarchical activity networks, permitting AI brokers to execute multi-step processes, adapt to real-time adjustments, and streamline decision-making throughout industries.
This evolution helps Eliza Labs’ broader imaginative and prescient of creating Synthetic Normal Intelligence with real-world packages. In step with Walter, the workforce stays dedicated to construction AI techniques in a position to proactive problem-solving, bridging gaps in automation and clever decision-making.
Discussed on this article
Supply hyperlink
GIPHY App Key not set. Please check settings