auto.fun is online. Will this new Launchpad become the next growth point for ai16z?
Blockchain editor
After much anticipation, last weekend, ELIZA ecosystem Launchpad platform auto.fun was officially launched. In addition, Shaw, the founder of ai16z, has been promoting auto.fun on the X platform. So, with the recovery of the market this morning, can the price of ai16z survive with the help of auto.fun, or even rise strongly and usher in a "second spring"?
Below, B.news will take you to understand the Launchpad platform auto.fun, the price performance of the platform's first token, and the community sentiment.
Project Introduction: The native token is ai16z
auto.fun is an ai16z ecosystem project. It is a community-based open source, code-free Launchpad platform where anyone can create autonomous AI agents that perform tasks across social media platforms, DeFi applications, and other Web3 services.
Eliza Labs said that it developed auto.fun to support the development of AI Agents at the economic level. Unlike ordinary token launch platforms, auto.fun adopts a token model that is fairer than previous launch platforms, combining the bonding curve and the principle of fair issuance, which will bring changes in the narrative level. In addition, creators can independently collect the fees generated by content creation and token issuance, and the community can collaborate to initiate content or create CTO tokens based on other platforms. The platform emphasizes "anti-hype" and "pure fun" and aims to create a decentralized, transparent content and token release space that truly belongs to creators and communities.
It is worth mentioning that Shaw, the founder of ai16z, previously posted on the X platform that the native token of auto.fun is ai16z.
The website has been down for many times, and the functions are not innovative
Since the launch of auto.fun, ai16z's own Launchpad platform, which has been long awaited by major AI Agent communities, last weekend, not only has there been no product experience popularity, speed pass tokens, and ai16z token staking functions on social media, but the website has been down for many times, and even down again this morning.
No obvious innovation in the coin issuance function
The coin issuance function provided by auto.fun roughly follows the mature model of platforms such as Pump.fun in terms of logic and gameplay. Whether it is the creation process, token issuance method or overall user experience, there is no obvious differentiation. Overall, it is more like a "translation and reproduction" of the existing model, rather than a real breakthrough in product mechanism.
Although the platform has launched an additional "chat room" function, dividing different exclusive chat areas according to the number of tokens held by users (such as 1k, 10k, 100k, 1M), trying to create a sense of community belonging, there is currently no Golden Dog project with high consensus and stickiness, resulting in this "micro-innovation" lacking practical significance. In addition, the Swap function that comes with auto.fun has also failed to trigger discussions or form a usage boom in the community due to the lack of transparent incentive mechanism description (such as whether there is a transaction reward or rebate mechanism), and there is a problem of "tool islandization".
The layout is confusing and there is no "Golden Dog"
"None of the projects issued by the platform is worth showing." Due to the confusion in the official website's display of issued tokens, users who enter the platform for the first time can't find which project is hot at the moment, nor can they find the platform's first and second dragon projects worth participating in.
In addition, according to the analysis of auto.fun data by community members, the platform has issued a total of 576 projects, and the current market value of the token with the highest market value is only 28,000 US dollars, and most of the other projects have a market value of less than 10,000 US dollars, which can be described as cold.
The short-term rise of ai16z may be only due to the market rebound, and there is no substantial positive fundamentals
With the strong rebound of BTC today, market sentiment has obviously warmed up, and the AI Agent sector, as a popular topic in recent times, has also strengthened. Among them, ai16z performed particularly well. The price once surged to US$0.19 this morning and is currently reported at US$0.18, with a 24-hour increase of more than 30%. This trend is more like a rebound in the strong cottage sector brought about by the market recovery, rather than a positive change in the fundamentals of ai16z.
Judging from the performance of the tokens issued by the current auto.fun platform, the overall market response is flat, and it has failed to inject substantial incremental value into the ai16z ecosystem. Instead, due to the high homogeneity of content and gameplay, it has aroused doubts and negative feedback from some community users. Therefore, whether the price of ai16z tokens can truly usher in a "second spring" depends on whether auto.fun will subsequently launch functions with practical utility, such as the staking mechanism of ai16z tokens, or more imaginative ecological upgrades such as Eliza v2 brought by Shaw.
