- ai16z, a venture capital fund powered by AI on the emerging Daos platform.After receiving a shoutout from Marc Andreessen, the a16z partner and model, Fun’s market capitalization grew to about $100 million.
- Since then, the fund’s market capitalization has decreased to roughly $50 million, but volatility is still considerable.
- According to the fund’s developer, the AI will manage the fund using input from DAO members, weighted by the value of their token holdings and the caliber of their earlier recommendations.
A new platform By enabling cryptocurrency users to raise money for a fund in return for tokens and then trade on behalf of the investors for a predetermined period of time, Daos.fun seeks to become a hedge fund-style counterpart to the well-known memecoin trading platform Pump.fun. Investors can either sell the tokens if the fund’s market capitalization exceeds its net asset value, or they can redeem the tokens for the fund’s underlying assets if the fund is successful.
However, Daos’s most successful fundraising.Fun is an AI bot that is based on the writings of Marc Andreessen, a partner of Andreessen-Horowitz (a16z), rather than a human.
Making an AI spoof of Marc Andreessen is not the aim. The objective is to outperform him in his strongest area.
The bot is in charge of a fund named ai16z, which primarily consists of Shaw’s Degen Spartan AI token and currently has assets valued at about $1 million. However, after a shoutout from Andreessen himself, the fund’s market capitalization momentarily reached $100 million, reaching an all-time high of $96.6 million, before falling by about 50% to its current value of about $50 million on Sunday afternoon. The level of volatility is still high.
Andreessen included a screenshot of the bot’s X profile in an X post. In another post, Andreessen included a screenshot of the avatar of the ai16z fund along with the words, “Hey, I have that T-shirt.”
Based on suggestions from DAO members, the ai16z fund’s developer hopes to create an AI version of Andreessen trading that is weighed by the members’ token holdings as well as the caliber of their recommendations.
AI Marc uses a virtual Marcetplace of trust to determine how much he can trust people’s investment advice. He keeps track of the amount of money he would have earned if he had acted on their advice. Trust is increased by successful tips and diminished by unsuccessful ones. A person’s power over AI Marc is also influenced by the quantity of DAO tokens they own. DAO token ownership and the virtual Marcetplace of trust performance are the two balance variables.
Since then, the fund’s token has been validated on Moonshot, a rival to Dexscreener’s Pump.fun, as well as the Jupiter exchange. According to its Daos.fun page, the fund will run out on October 24, 2025, one year after it was established.
AI Marc will soon have the capability to make trades on its own using data and suggestions collected from the community. Human involvement will be kept to a minimum.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
