ai16z
| ai16z | |
|---|---|
| Token | |
| Ticker | $AI16Z |
| Contract | DuMb…LiZA |
| Chain | Solana |
| Launched | 2024-10-30 |
| Launchpad | daos.fun |
| Status | Dead |
| Website | elizaos.ai |
| Also known as | ai16z AI16Z elizaOS ELIZAOS Eliza ai16z DAO |
| Market | |
| Price | — |
| Market cap | — |
| Liquidity | — |
| Volume (24h) | — |
| Change (1h) | — |
| Change (24h) | — |
| Links | |
| DEX Screener · Birdeye · GMGN · Solscan | |
ai16z (ticker AI16Z, later ELIZAOS) was a Solana token for a daos.fun fund pitched as a venture firm run by AI agents, with holders as partners.[1] It peaked at a $2.39 billion market cap on 2 January 2025, was replaced by elizaOS through a 1:6 migration in late 2025, and was declared "dead" by Eliza Labs founder Shaw Walters on 4 August 2026.[1][2]
Lore[edit]
The project raised $75,000 on the daos.fun platform in October 2024.[2] Holders could deposit tokens into the daos.fun vehicle; it held more than $31 million on 3 January 2025.[3] The project also maintained Eliza, an open-source framework for building autonomous AI agents.[3] CoinDesk places it in the AI-agent token wave that began with Truth Terminal and Goatseus Maximus; Cointelegraph grouped Truth Terminal with Zerebro as "schizo" bots in the same category.[1][3]
AI16Z rose about 15,000% from $0.015 on 3 November 2024 to $2.12 on 3 January 2025.[3] According to The Block, the run followed a public mention by Marc Andreessen, and the market cap reached about $1.5 billion on 28 December 2024.[4] It peaked at $2.39 billion on 2 January 2025 with $291 million in daily volume, per CoinDesk; CoinGecko recorded an all-time high price of $2.47.[1][5]
Rebrand and migration
On 28 January 2025 Walters announced the project would be renamed ElizaOS.[5] Andreessen Horowitz (a16z) managing partner Chris Dixon said the similar names were "creating a little bit of confusion" and that the firm had asked for the change; the ticker stayed AI16Z.[5] In September 2025 Eliza Labs opened a portal to swap AI16Z for a new elizaOS token at one to six, with the new token using Chainlink CCIP across Solana, Base and Ethereum.[2] Exchanges completed the swap in November 2025; Bitget listed the new Solana contract and said total supply went from about 1.1 billion to 11 billion.[6] The original contract, HeLp…8jwC, still trades separately at a market cap of about $375,000.[1]
Timeline[edit]
- 2024-10: ai16z raises $75,000 on daos.fun[2]
- 2024-12-28: market cap reaches about $1.5 billion[4]
- 2025-01-02: peaks at $2.39 billion market cap[1]
- 2025-01-28: Walters announces rebrand to ElizaOS[5]
- 2025-09-25: migration portal opens, 1 AI16Z to 6 elizaOS[2]
- 2025-11-13: Bitget completes swap and opens ELIZAOS trading[6]
- 2026-04: Burwick Law files class action in the Southern District of New York[7]
- 2026-08-04: Walters declares the token dead and winds down the foundation[7]
Key wallets[edit]
- HeLp…8jwC: original AI16Z mint, abandoned after the migration[1]
- DuMb…LiZA: elizaOS Solana mint listed by Bitget[6]
Controversies[edit]
In April 2026 Burwick Law filed a proposed class action against Walters, Eliza Labs and affiliates, alleging false advertising, deceptive practices, negligent misrepresentation and unjust enrichment.[7] The complaint alleges the project was marketed as an autonomous, AI-run venture fund while insiders controlled it, and that holders were diluted in the migration; these are allegations, not findings.[1][7] Walters said the team settled by handing over its remaining treasury and available funds because it lacked the capital to fight the case.[7] He said there would be no further foundation support, buybacks or supply measures, and that he would never let a token "come close to Eliza again".[7] CoinDesk put elizaOS's market cap at about $2.3 million after the announcement.[1]
See also[edit]
References[edit]
- ^ AI agent token AI16Z, once worth $2.4 billion, ends with founder calling it 'dead', CoinDesk, 2026-08-05
- ^ Eliza Labs migrating from 'experimental' ai16z token to elizaOS for AI agent platform, The Block, 2025-09-25
- ^ Almost all AI agents are just 'memecoins that talk', Cointelegraph, 2025-01-03
- ^ Blockchain-powered AI agent platform 'ai16z' reaches $1.5 billion market cap, The Block, 2024-12-29
- ^ AI DAO ai16z Becomes ElizaOS Amid Branding Confusion Concerns, Decrypt, 2025-01-29
- ^ Bitget Has Completed the ai16z (AI16Z) Token Swap, Redenomination, and Rebranding to elizaOS (ELIZAOS), Bitget, 2025-11-13
- ^ Eliza Labs founder declares native token 'dead,' winds down foundation after Burwick Law settlement, The Block, 2026-08-05