$ai16z - FUD Creates Attractive Risk/Reward Given Recent Fundamental Strength
Research | Quick Note | $ai16z ($1.3b FDV) | @ai16zdao Via @shawmakesmagic
DVM View: In the past 7 days, $ai16z is down ~40%, and down ~55% from recent ATHs (vs peers $ARC/-30%, $zerebro/-47%, $Pippin/+330% in last 7 days). We think a portion of the underperformance is driven by similar @shawmakesmagic FUD in mid-to-late Nov when token declined ~75% from $535m to $135m. We think this sets up an attractive pricing/fundamental dislocation given 1/ Eliza GitHub stars/+16% from 9.5k to 11k, see our attached chart exhibiting steep growth vs peer group; 2/ holder growth +17% to ~90k holders in the past 7 days; and 3/ recent framework developments over the past month strengthening its competitive positioning (as we highlight below). We do believe $ai16z will expand its FDV/holder multiple as FUD alleviates and the market reprices the token as a market-leading Framework.
Recent Developments:
Cross-Chain Agent Deployment: Eliza now supports cross-chain deployment for agents across EVM, Solana, Bitcoin + Merlin Layer.
AI Model Upgrades: The framework has integrated support for advanced AI models like Claude and Ollama.
Infrastructure Enhancements: There have been substantial updates to the codebase, focusing on enhancing autonomous decision-making and integrating more deeply with blockchain technologies.
Development Growth: The Eliza framework has seen a surge in community engagement as noted in 10-15 PRs merging daily, reached 11k stars / 3k forks.
Support for Various APIs and Networks: Including Irys, Dexscreener, Deepseek API, Massa, and Movement Network.
New Partnerships: Roblox + Arbitrum + ApeChain + Hyperfy + Polygon + Eigen.
Updates: HTX & ByBit Listings, UI overhaul, new chat interface + components, new website updates with partners + agents as apps.
New Plugins: DePIN, OpenWeather, Stargaze (NFTs), GoPlus (security), Autonomous Dominos pizza ordering capability, Major testing improvements across Twitter core, and embedding features, Automated docs generation workflow optimized for LLMs & vectorization, Various security fixes including TEE.
These developments collectively aim at making Eliza a more comprehensive and flexible tool for AI agent development, with a strong focus on scalability, integration, and user engagement. The framework's evolution in the past week underscores a commitment to expanding its capabilities.
