Home News AI16z rebrands into ElizaOS as adoption grows

AI16z rebrands into ElizaOS as adoption grows

by Selmer Harvey

AI16z rebrands into ElizaOS as adoption grows

AI16z rebrands into ElizaOS as adoption grows

AI16z rebrands into ElizaOS as adoption grows AI16z rebrands into ElizaOS as adoption grows

AI16z rebrands into ElizaOS as adoption grows

The rebranding to ElizaOS is supposed to forge a unified identification amidst hasty adoption and a 300x produce bigger in sources beneath management.

AI16z rebrands into ElizaOS as adoption grows

Conceal art work/illustration by procedure of CryptoSlate. Image comprises blended pronounce material that would possibly per chance embrace AI-generated pronounce material.

AI16z, a challenge capital fund powered by AI agents, has formally rebranded to ElizaOS, marking a strategic shift in its development and pickle in the industry.

Following the announcement, CryptoSlate’s records indicated that the challenge’s AI16z token is now trading at $0.61, exhibiting a 6% plunge in 24 hours and a 50% decline all the procedure by procedure of the last week.

Why the rebrand?

ON Jan. 29, the challenge founder, Shaw Walter, defined that the resolution was once borne out of the necessity for a stronger identification as the adoption of its abilities grows.

Consistent with him:

“We are turning toward the next chapter of the challenge. As we proceed to provide bigger in some unspecified time in the future of multiple countries, procure our core abilities, and foster an unbelievable community of builders, we're implementing a entire rebranding initiative to ElizaOS.”

Walter noteworthy that AI16z in the beginning started as a lighthearted reference to VC company Andreessen Horowitz (a16z) whereas raising $75,000 to develop an self sufficient investor. Nonetheless, as adoption surged, the challenge scaled with out note, increasing its sources beneath management (AUM) by 300x in three months.

This rebrand is determined to set a stronger, extra unified identification that “opens tantalizing doorways to collaboration with established avid gamers fervent to leverage our groundbreaking tech.”

He added:

“Eliza will proceed to be our mascot and the face of the challenge. The $ai16z ticker remains for now, with future changes to be voted on by the community when our DAO voting module launches. We can't develop extra tokens.”

The project operates on the Solana blockchain and integrates AI with community participation. It lets in its holders to work alongside the AI agent Marc AIndreessen to propose and vote on funding methods.

ElizaOS v2

Meanwhile, the rebrand moreover aligns with the upcoming open of Eliza v2, a subsequent-abilities AI agent framework designed to push automation and sharp planning to unique heights. The up to this point framework integrates hierarchical task networks, allowing AI agents to fabricate multi-step processes, adapt to proper-time changes, and streamline resolution-making in some unspecified time in the future of industries.

This evolution helps Eliza Labs’ broader vision of organising Man made Fundamental Intelligence with proper-world capabilities. Consistent with Walter, the crew remains dedicated to constructing AI programs able to proactive verbalize of affairs-solving, bridging gaps in automation and sharp resolution-making.

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Blocscale
Posted In: AI, Crypto

Source credit : cryptoslate.com

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