ai16z Considers Launching Layer 1 Blockchain

Source
JOON HYOUNG LEE

Summary

  • ai16z has announced that it has started reviewing the launch of a Layer 1 Blockchain.
  • They plan to introduce a new Token Launchpad Platform in the first quarter of next year.
  • ai16z is also discussing a revamp of its tokenomics, including a Staking Mechanism.

AI agent platform ai16z is considering launching a Layer 1 blockchain.

According to The Block on the 30th, ai16z has recently begun reviewing plans to launch a Layer 1 blockchain.

ai16z is also discussing plans to revamp its tokenomics, including a staking mechanism. Additionally, ai16z plans to introduce a token launchpad platform similar to pump.fun in the first quarter of next year.

Meanwhile, ai16z is a Solana-based decentralized autonomous organization (DAO). As of 6:10 PM on this day, ai16z's market capitalization was recorded at $1.46 billion on CoinMarketCap.

publisher img

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
What did you think of the article you just read?