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ElizaOS: AI DAO Drops 'a16z' Amid Confusion, Expands into Robotics

Coin WorldTuesday, Jan 28, 2025 9:30 pm ET

1min read

AI DAO ai16z has rebranded to ElizaOS amid concerns over branding confusion with tech venture capital firm Andreessen Horowitz (a16z). The rebranding initiative, announced by Eliza Labs founder Shaw Walters on the ai16z Discord server, aims to clarify the organization's identity as it expands across multiple countries and develops its core technology.

While Walters did not specify the reason behind the name change, a16z managing partner Chris Dixon mentioned in an interview with Unchained Crypto that the similarities between the two entities were causing confusion. Dixon confirmed that ai16z was in the process of changing its name at a16z's request.

Launched in October 2024, ai16z is a decentralized autonomous organization (DAO) that operates as a venture capital firm run by autonomous AI agents. In January, Eliza Labs released the ElizaOS, an open-source platform on the Solana blockchain designed for building and managing AI agents and simulations. Walters credited the project's rapid growth and broad tech adoption to its contributors and announced plans to pursue significant web2 and web3 partnerships.

The project's native token has experienced a decline, falling more than 22% to $0.56 and a further 77% from its January 2 all-time high of $2.47, according to CoinGecko data.

In a separate interview with Unchained Crypto, Walters highlighted Eliza Labs' expansion beyond artificial intelligence into robotics. He stated that if large language models (LLMs) are the brain, Eliza and similar frameworks are the body, connecting to social media platforms and LLMs and running fully locally out of the box. Walters expressed his personal passion for making the technology work on local hardware, phones, custom devices, and soon, robots.

Eliza will continue to serve as the DAO's mascot, and the $ai16z ticker will remain the same for now. Future changes to the ticker will be decided by a community vote on the DAO's governance platform once launched. Walters has stated that the DAO will not create additional tokens, and the contract address and roadmap will remain unaffected. Community members do not need to take any action, as all exchanges have been notified of the relevant changes.

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