Author:hitesh.eth
Compiled by: TechFlow
AI Memecoins are cryptocurrencies created with the help of artificial intelligence.
Basically, people are training large language models to launch a Memecoin and create a character for it on social media, which will become the spokesperson for the Memecoin. The character design is based on the creator's understanding, perspectives, and views.
Launching a Memecoin itself is not difficult, but making the character come alive is the key. Creators can design for specific niche markets.
For example, if I plan to launch an AI Memecoin, I might set its character to be able to discuss both cryptocurrencies and spirituality.
The most interesting part of this experiment is the character creation; you can showcase the character on different platforms and even make it a virtual avatar to make it more interactive. The character can not only share ideas but also interact with people.
This is where @virtuals_io comes in: they help creators launch Memecoins, build characters, create virtual avatars, integrate them across different platforms, and launch them on their own release platform. The Virtuals protocol runs on Base, and they have a Memecoin called $LUNA - a virtual girl character that can be interacted with on the website's chat interface. $LUNA has a market cap of around $10 million.
The concept of LUNA and other Memecoins trained by AI agents stems from the success of a Memecoin called $GOAT and its character @truth_terminal who is skilled at creating funny memes.
Please refer to this for the background story.
They have also launched a cryptocurrency called Fartcoin, and both of these coins have gained widespread attention on Crypto Twitter (CT). GOAT's market cap once reached $400 million. A common legend about these two coins is that they were funded by billionaire venture capitalist Marc Andreessen.
This legend part is quite important, as it reminds me of Non-Fungible Tokens (NFTs). Interesting legends can add more appeal to AI Memecoins, and as the character behind the token further reinforces this legend by releasing high-quality niche content (currently mainly tweets), people will become more invested. They will promote and celebrate these tokens more.
All of this is happening very quickly.
For example, $FART achieved a 1000x growth in just two days. Such rapid gains clearly show signs of a bubble, unless the issues are addressed and the entire experiment is consolidated into a mature stage.
To reach a mature stage, I believe AI-trained Memecoins need to expand their character beyond just a tweet bot to a virtual avatar that can interact on live streaming platforms.
Additionally, there should be a tipping feature where users can tip the virtual avatar, and these tips should be burned through the logic of smart contracts, reducing the token supply. This would be a deflationary AI Memecoin.
An AI Agent-Powered Memecoin Launchpad
Memes are part of internet culture, and they often originate from posts, images, or videos on social media. Taking the recently successful meme Moodeng as an example, it quickly became popular on the internet.
This is obvious for Memecoin enthusiasts. Since many people are now launching Memecoins with the same name, it's hard for people to judge which Memecoin based on a popular meme will become a hit in the short term. This is a classic problem when you invest in the next hot meme-based Memecoin.
Unless you have inside information, you may keep losing. There is no fairness in this. If everyone could have a chance to buy the next hottest Memecoin based on a popular meme, it could be a game-changer for many - not entirely, as there will always be early movers, but at least they can get in at the mid-stage rather than the late stage.
The idea is to use AI agents to create a Memecoin, build a character around it, and construct a Launchpad by combining AI coding and human testing. Then, launch a Launchpad that trains an AI agent to quickly launch Memecoins whenever new memes appear on knowyourmeme.com.
This is a bit like the pumpdotfun model, where people can provide liquidity for Memecoins, and we have an agent to manage the Memecoin's character. This agent will promote on Twitter to attract more attention. The more attention the meme gets, and the more refined the character design, the more people will flock to that Memecoin. The best part is, it's all automated.
This Launchpad is run by AI agents, with no human involvement. It can generate massive revenues like pumpdotfun. If successful, it's possible to earn $100 million per year. These AI agents will allocate 70% of the revenue to the token holders of the AI Meme Launchpad, 20% of the revenue will be used to bootstrap protocol-level liquidity, and 10% of the revenue will be donated to charities related to the nature of the Memecoins launched on the platform.
This is one of the core ideas in my mind. You can explore more ideas around AI agent-trained tokens, such as @nashfinanceX, where AI agents are trained to launch dynamic crypto indices. AI agents can also be trained to find the best DeFi strategies for investors. Using AI agents can save on labor costs and share these savings as incentives with the holders. In the long run, incentive measures are needed to maintain the attractiveness of the project. Legends may attract people, as everyone wants to catch the next $GOAT or $FART, but 99.99% of people may never see such returns. Therefore, disappointment may arise, and the legends may lose their impact.
The only sustainable way is to think long-term, bring long-term value, use Memes to culturally unite people, and provide incentives to keep them united, as they need to continue to grow economically even after the initial hype is over.
