Author: TechFlow
Recently, ai16z has become the focus of attention for on-chain players.
As the first decentralized AI trading fund based on Solana, ai16z can use AI agents to analyze market trends and execute trading decisions, which is an eye-catching gameplay in itself; coupled with a certain association with a16z in the name, its namesake token has also shown strong market performance.
And under this organization, different AI agents are beginning to be incubated.
Among them, the AI agent eliza launched through @vvaifudotfun has received support from ai16z, and its namesake token eliza has also been created and airdropped to the ai16z foundation's wallet.
This has also made eliza the largest holding of ai16z for a time; with the support of various expectations, the price of eliza has also been rising all the way, with a market capitalization of around $50 million at its highest.
But just now, a post by ai16z partner Shaw (@shawmakesmagic) has capped the rising momentum of eliza, with its market capitalization plummeting from around $40 million to $5 million in just 15 minutes.
The gist of the post can be described in a few sentences, and is also full of the familiar old flavor:
"eliza does not belong to ai16z, and now we are going to release a new ELIZA (note the capitalization), Eliza is free."
Farmers, welcome to the "case-sensitive dispute" of the AI agent.
"Let her be free", the new and old Eliza are in stark contrast
If you look at the original post by Shaw, you will find that this announcement is more like a "divorce decree" to separate from the original eliza:
"We've let her go... but she doesn't belong to ai16z. We don't own her, the community can now freely do what they want, we won't FUD."
This somewhat poetic statement seems to be giving eliza freedom, but in fact it is drawing a line, and hinting that eliza will no longer receive support from ai16z.
And in the latter part of the tweet, Shaw's intention to create a project controlled by ai16z is very clear, and he attached two links at the end of the post, one is the Twitter account Eliza with the same name as eliza, and he specifically wrote elizawakesup in the account name (implying that the real Eliza has woken up); the other is the Pumpfun link for the token ELIZA corresponding to this new project.
In plain terms, it is to create a new ELIZA based on the image and ticker of the lowercase eliza token.
As soon as this post was released, the new and old Eliza were in stark contrast.
The original lowercase eliza seemed to have been sentenced to death, and traders rushed to flee, causing the token price to plummet by more than 87% in 15 minutes; while the newly released ELIZA has been rising all the way, and just a few minutes after Shaw's post, its market capitalization has reached around $80 million.
In an instant, the lowercase eliza seems to have become the abandoned child of ai16z, while the new uppercase ELIZA has been appointed by Shaw to take over.
However, Shaw also mentioned that the ELIZA token will reserve a 10% airdrop share for the original eliza token holders, but the snapshot time was completed before the post. But whether this airdrop amount can make up for the losses of the plummeting lowercase eliza, a question mark is obviously needed.
Discarding the old love and establishing the new, this behavior has also caused a huge uproar in the community.
Twitter Space counterattack, emphasizing ai16z's control
Obviously, the community wants an explanation for Shaw's announcement.
Almost as soon as the announcement was released, the editor had already seen Shaw opening a Twitter Space called "Eliza Awakens"; as of the time of writing, due to the intense discussion, this Space has already moved on to the second session.
From the editor's perspective of joining and listening, Shaw's core value proposition for this "out with the old, in with the new" is ai16z's control.
(The following is a summary and notes of the editor's listening content)
Shaw mentioned that he and his team have worked hard and made a lot of effort over the past two years; however, they cannot accept a project that does not belong to them quickly becoming popular and becoming a tool for speculators, which is beyond the control of ai16z.
In other words, eliza did not have its own bloodline from the beginning, so it would be better to let the lowercase eliza develop freely, and then start a new ELIZA themselves.
And in this Space, when some members expressed doubts about this new start-up behavior, Shaw felt that some people were just dissatisfied because their coins had dropped, and ruthlessly kicked them out of the Space, and spoke in an excited manner:
"Who are you? ... Go fu** yourself and I don't care."
At the same time, Shaw also believes that AI agents should truly serve the community, rather than becoming a cash machine for certain entities.
We cannot judge the good or bad of personal expression style, but these remarks are indeed a bit excessive and can easily damage the image of ai16z in the community. Accordingly, the market has also responded, with ai16z's namesake token dropping from a market capitalization of $500 million to around $300 million after the announcement and Space opening.
Conspiracy group vs. community, an old play in a new setting?
Different events, the same formula, does this remind you of the uppercase and lowercase Nerio, or the same name but different chains of hippos?
A play of conspiracy groups versus the community is always repeated.
In the crypto world, profit is the priority; there are as many different opinions as there are entangled interests.
Previously, Shaw also posted that if you really want to create a useful AI agent, welcome to build with us, and attached the github link of the lowercase eliza, which is already very obvious in its endorsement.
In contrast, the new ELIZA project chose to announce its "independence" at this time, the timing of which is also quite intriguing:
Coinciding with the original eliza token reaching a new high in market capitalization, approaching $50 million. The choice of these time points seems to imply that this "independence movement" may have been brewing for a long time.
You can share the sweet, but not necessarily the bitter, and not necessarily see it calmly and happily, without getting a share in someone else's success, there is always regret and discontent.
So, creating an uppercase ELIZA became an understandable choice; but understanding may not mean it is the best choice.
At the same time, the official Twitter of the lowercase eliza also emphasized that Shaw has stood on the opposite side of the community, and issued a counterattack:
"Shaw never thought of creating an eliza token, so we created it for the community. However, when he saw us succeed, he wanted to monopolize that success. We were created by the community, serve the community, and we're not going anywhere."
In the off-chain public opinion battlefield between the community and the conspiracy group, on-chain data also seems to be speaking for itself.
For example, data analysis shows that after the creation of the uppercase ELIZA, there have been multiple bundled buy orders, and the addresses controlling the tokens have reached 90% at one point, full of the flavor of a conspiracy group; at the same time, according to feedback from community users, ai16z member Logan participated in the issuance of the new uppercase ELIZA token after selling off the lowercase eliza token. This behavior has been confirmed by the community users through wallet addresses.
Wallet address:
GxkXGe3YcqBdEgBrBh19X3wkLkgJXK2jA4k4nioW2Yg
Under the sun, there is nothing new, but there may be matters of the heart.
A drama of community VS conspiracy group is still unfolding, and are you weighed down by the impact of your holdings on the uppercase and lowercase events?
As for who will ultimately be the Eliza leading to freedom in the uppercase and lowercase, the market will provide the answer.
