AI16z Surpasses $1 Billion Market Cap as it Considers Memecoin Launchpad

Ai16z, a decentralized autonomous organization (DAO) led by an Artificial Intelligence (AI) agent, surpassed a $1 billion market capitalization following the release of its launchpad proposal.

Ai16z experienced a rapid price surge on Dec. 28, rising by 50% to a then-all-time high market cap of $1.5 billion from $1.01 billion, becoming the first Solana AI agent token to achieve this milestone.

It corrected to $1.3 billion by Dec. 29 but is now enjoying another pump, rising to a new all-time high market cap of $1.7 billion, according to data from Coingecko. The price currently stands at $1.57, up 29% in the past 24 hours and over 600% in the past month.

Following the latest price surges, the Ai16z community is considering various proposals to expand its ecosystem in 2025. One is creating a memecoin launchpad similar to Solana’s Pump.fun in Q1, 2025. The launchpad will utilize Eliza, the 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.,” wrote the proposal’s authors.

Other Proposals

According to a document shared by Ai16z contributors, the DAO is also considering making Ai16z a Layer 1 (L1) blockchain for AI agents and other AI-based applications. The goal is to make Ai16z the base currency for agent-to-agent interactions and the default app store for AI agent services.

Another one was implementing a community curation process for ai16z partners to vet projects before launch to ensure they are of the highest quality and align with the DAOs brand.