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Coinbase, Google, and ai16z members back new DAO to accelerate crypto and AI

January 9, 2025Updated:January 9, 2025No Comments2 Mins Read
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Coinbase, Google, and ai16z members back new DAO to accelerate crypto and AI
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Coinbase, Google, and ai16z members back new DAO to accelerate crypto and AI

Group members from Coinbase, Google, ai16z, and different main gamers have joined forces to launch Aiccelerate, a brand new Decentralized Autonomous Group (DAO) that goals to speed up the convergence of crypto and synthetic intelligence (AI).

In line with a Jan. 9 announcement, the DAO will give attention to fostering decentralized, open-source AI growth and supporting high-potential initiatives throughout numerous ecosystems.

Moreover, Aiccelerate positions itself as each an funding and growth DAO. Its major mission is to drive innovation in what it phrases “agentic AI.”

In line with the assertion:

“We consider crypto AI is at an inflection level. Our mission is to speed up the event of decentralized, open-source AI and assist high-potential initiatives throughout each ecosystem.”

An AI agent is software program that may work together with its atmosphere, gather information, and carry out duties to attain objectives.

The DAO goals to construct a collaborative group of main builders throughout a number of frameworks. These specialists will contribute to an array of brokers and instruments designed to additional the group’s objectives. 

Moreover, Aiccelerate will unify its initiatives below a single token, the AICC. The DAO will use a few of its income to purchase again its native token.

The checklist of growth advisors consists of Shaw, the founding father of ElizaOS, powering ai16z; EtherMage, a core contributor from Virtuals Protocol; Nader Dabit, the top of developer relations at EigenLayer; and Jason Zhao, co-founder of Story Protocol.

Concerning funding, Aiccelerate has Andrew Kang and Marc Weinstein from Mechanism Capital, Justin Lee from Coinbase Ventures, and Anil Lulla from Delphi Digital amongst their advisors.

Addressing frequent shortcomings

Aiccelerate’s strategy addresses inefficiencies confronted by conventional enterprise capital corporations, which regularly battle to maintain tempo with the speedy growth of liquid markets and truthful launch fashions like Pump.enjoyable and Daos.enjoyable. 

By leveraging their community and experience from their advisors, Aiccelerate plans to supply funding and networking alternatives for rising initiatives whereas additionally growing and deploying an array of brokers to boost decision-making inside the crypto and AI sectors.

The DAO’s inaugural challenge will likely be a public utility analysis agent designed to help the group and the broader market make extra knowledgeable choices. 

By mixing human experience with agentic AI, Aiccelerate goals to ascertain itself as a hub for the following era of builders and traders.

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