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[The AI Robot Fund Ai16z, Which Imitates The Transactions Of A16z Partners, Once Had A Market Value Of Nearly $100 Million, But Now It Has Fallen Back To $54 Million] The New Platform Daos.fun Aims To Be A Hedge Fund Version Of Pump.fun, Allowing Cryptocurrency Users To Raise Funds For The Fund In Exchange For Tokens, And Then Trade On Behalf Of Investors Within A Given Time Period. If The Fund Is Successful, Investors Will Be Able To Redeem The Tokens For The Fund's Underlying Assets, Or If The Market Value Of The Fund Is Higher Than Its Net Asset Value, Investors Can Sell The Tokens. The Most Successful Fundraiser On Daos.fun Is An AI Robot Modeled After The Post Of Andreessen-Horowitz (a16z) Partner Marc Andreessen. "Our Goal Is Not To Make An AI Robot That Imitates Marc Andreessen. Our Goal Is To Beat Him In The Areas Where He Is Best," Shaw, The Creator Of The Robot, Wrote In An Article On X. The Robot Is Responsible For Managing A Fund Called Ai16z, Which Currently Holds Assets Worth About $1 Million, Mostly Shaw's Degen Spartan AI Tokens. After Andreessen Himself Posted A Post To Interact With It, The Fund's Market Value Once Approached $100 Million, Hitting An All-time High Of $96.6 Million, And Then Fell Back Nearly 50% Last Sunday To About $50 Million (currently $54 Million). Volatility Remains High. "GAUNTLET THROWNED," Andreessen Wrote In The X Post, Attaching A Screenshot Of The Robot X's Profile. In Another Post, He Posted: "Hey, I Have That T-shirt," And Attached A Screenshot Of The Ai16z Fund's Avatar. The Heat Caused By These Posts Once Caused The Daos.fun Website To Crash. The Creators Of The Ai16z Fund Aim To Create An AI Replica Of Andreessen's Transactions, Which Is Based On The Suggestions Of DAO Members And Weighted According To Their Token Holdings And Transaction Quality. The Fund's Tokens Have Been Verified On Jupiter And Moonshot (Dexscreener's Pump.fun Competitor). According To The Daos.fun Page Information, The Fund Will Expire On October 24, 2025, One Year After Its Establishment. (The Block)
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