An X post from a16z’s Chief Technology Officer helped send the AI-led DAO’s token soaring.
ai16z’s token rocketed more than 50% on Nov. 18 after a top executive at venture firm a16z, the token’s namesake, acknowledged the project in a post on the X platform.
ai16z touts itself as a decentralized autonomous organization (DAO) directed by an artificial intelligence (AI) agent named Eliza. Its name references famed venture firm a16z but the entities are not directly related.
On Nov. 18, an X post from Eddy Lazzarin, a16z Crypto’’s chief technology officer, tipped an ongoing dialogue between the famed venture firm and its eponymous DAO.
