Forward the Original Title:aICO - A Path to Unruggable Money
The 2017-2018 ICO frenzy marked a pivotal moment in blockchain history—one of incredible innovation, but also one of greed, failure, and misplaced faith in human nature. The root cause? Human greed and bad intentions, manifesting in scams and unsustainable promises.
The Greed Factor: Speculative Hype: The era thrived on promises of exponential returns, with little regard for fundamentals. Investors chased quick wins, while project creators fed this frenzy with tokenomics designed to cash out early, not to last.
These failures were not just the result of weak models but of human frailty: greed, shortsightedness, and dishonesty. What’s the antidote? A system immune to human error.
Solana memecoins enter Community Takeover (CTO), the grassroots movement where memecoin communities reclaim abandoned or exploited projects. While promising, it’s reactive—a symptom of deeper issues.
While CTOs are an evolution, they don’t solve the systemic trust gap in crypto. For that, we must think bigger—beyond humans.
The history of human-led ventures, especially in the crypto space, is a story of predictable failure. Greed, unpredictability, and moral frailty have consistently eroded trust, derailed projects, and left investors betrayed. It’s not just a handful of bad actors—it’s the inherent nature of humans that makes them unsuitable for leadership in environments demanding absolute integrity.
Humans are hardwired for greed. No matter how noble the intentions, personal gain often takes precedence over collective benefit. We’ve seen it time and again: ambitious promises followed by rug-pulls, mismanagement, or outright fraud. The problem isn’t a lack of regulation or oversight—it’s that humans, at their core, are flawed decision-makers driven by emotion, ego, and opportunity.
But let’s take this a step further: Why are humans even in charge?
What if the solution isn’t better humans, but no humans at all?
Inspired by @shawmakesmagic and @123skely we introduce the concept of aICO (AI Initial Coin Offering): the idea that autonomous AI founders, programmed for accountability, can replace the chaos of human leadership with trustless, KPI-driven execution.
The era of Initial Coin Offerings (ICOs) and launchpads has passed its peak. The future is AICO (AI Initial Coin Offering), where autonomous AI agents replace human founders, creating a new paradigm for trust, efficiency, and governance in fundraising.
In AI We Trust, But How to Prove It’s Unruggable?
Skepticism is natural. After all, how can anyone be sure an AI founder is truly in charge and not just a puppet for hidden human agendas? This is where TEEs become essential.
Building an Autonomous ICO with @ai16zdao Eliza
Leveraging ai16z (Eliza), you can build an autonomous ICO (aICO) program that operates with transparency, efficiency, and trust. Using Eliza’s multi-agent framework, you can configure AI agents to manage token issuance, allocate funds, and engage with your community autonomously. By integrating the TEE plugin, every action—from token allocation to governance voting—is cryptographically secured and verifiable. This ensures that your aICO is entirely trustless, community-driven, and immune to human errors or interference.
Start by defining your tokenomics and governance rules within Eliza’s modular system, then deploy an AI agent to execute and enforce these rules on-chain, making your aICO fully transparent and auditable.
TEE can transform AI into verifiable founders. By combining cryptographic security with hardware isolation, TEEs ensure that every decision made, every strategy executed, and every dollar spent is verifiably the AI’s doing. It’s no longer about trust—it’s about proof.
Imagine an AI agent running an investment fund. Every dollar moves because the AI decided it should, based on logic and pre-set rules, not a developer’s whim. With TEE, you’re no longer taking someone’s word for it—you’re verifying it cryptographically, in real-time.
By integrating TEE, AI is not just autonomous—it’s accountable.
This shift from human-led to AI-led fundraising and operations is not just an innovation—it’s a revolution. It redefines the fundamentals of the financial world while raising profound challenges for governance and compliance:
With TEE as the foundation, aICO becomes not just an idea but a verifiable reality: AI-driven startups, powered by trustless infrastructure, will redefine how capital is raised and deployed. Investors will no longer rely on human promises but on cryptographically guaranteed execution.
The message is clear: AI is not just the future; it’s the cure for the failures of the past. Let’s build it—with ai16z, with TEE, with Phala.
Forward the Original Title:aICO - A Path to Unruggable Money
The 2017-2018 ICO frenzy marked a pivotal moment in blockchain history—one of incredible innovation, but also one of greed, failure, and misplaced faith in human nature. The root cause? Human greed and bad intentions, manifesting in scams and unsustainable promises.
The Greed Factor: Speculative Hype: The era thrived on promises of exponential returns, with little regard for fundamentals. Investors chased quick wins, while project creators fed this frenzy with tokenomics designed to cash out early, not to last.
These failures were not just the result of weak models but of human frailty: greed, shortsightedness, and dishonesty. What’s the antidote? A system immune to human error.
Solana memecoins enter Community Takeover (CTO), the grassroots movement where memecoin communities reclaim abandoned or exploited projects. While promising, it’s reactive—a symptom of deeper issues.
While CTOs are an evolution, they don’t solve the systemic trust gap in crypto. For that, we must think bigger—beyond humans.
The history of human-led ventures, especially in the crypto space, is a story of predictable failure. Greed, unpredictability, and moral frailty have consistently eroded trust, derailed projects, and left investors betrayed. It’s not just a handful of bad actors—it’s the inherent nature of humans that makes them unsuitable for leadership in environments demanding absolute integrity.
Humans are hardwired for greed. No matter how noble the intentions, personal gain often takes precedence over collective benefit. We’ve seen it time and again: ambitious promises followed by rug-pulls, mismanagement, or outright fraud. The problem isn’t a lack of regulation or oversight—it’s that humans, at their core, are flawed decision-makers driven by emotion, ego, and opportunity.
But let’s take this a step further: Why are humans even in charge?
What if the solution isn’t better humans, but no humans at all?
Inspired by @shawmakesmagic and @123skely we introduce the concept of aICO (AI Initial Coin Offering): the idea that autonomous AI founders, programmed for accountability, can replace the chaos of human leadership with trustless, KPI-driven execution.
The era of Initial Coin Offerings (ICOs) and launchpads has passed its peak. The future is AICO (AI Initial Coin Offering), where autonomous AI agents replace human founders, creating a new paradigm for trust, efficiency, and governance in fundraising.
In AI We Trust, But How to Prove It’s Unruggable?
Skepticism is natural. After all, how can anyone be sure an AI founder is truly in charge and not just a puppet for hidden human agendas? This is where TEEs become essential.
Building an Autonomous ICO with @ai16zdao Eliza
Leveraging ai16z (Eliza), you can build an autonomous ICO (aICO) program that operates with transparency, efficiency, and trust. Using Eliza’s multi-agent framework, you can configure AI agents to manage token issuance, allocate funds, and engage with your community autonomously. By integrating the TEE plugin, every action—from token allocation to governance voting—is cryptographically secured and verifiable. This ensures that your aICO is entirely trustless, community-driven, and immune to human errors or interference.
Start by defining your tokenomics and governance rules within Eliza’s modular system, then deploy an AI agent to execute and enforce these rules on-chain, making your aICO fully transparent and auditable.
TEE can transform AI into verifiable founders. By combining cryptographic security with hardware isolation, TEEs ensure that every decision made, every strategy executed, and every dollar spent is verifiably the AI’s doing. It’s no longer about trust—it’s about proof.
Imagine an AI agent running an investment fund. Every dollar moves because the AI decided it should, based on logic and pre-set rules, not a developer’s whim. With TEE, you’re no longer taking someone’s word for it—you’re verifying it cryptographically, in real-time.
By integrating TEE, AI is not just autonomous—it’s accountable.
This shift from human-led to AI-led fundraising and operations is not just an innovation—it’s a revolution. It redefines the fundamentals of the financial world while raising profound challenges for governance and compliance:
With TEE as the foundation, aICO becomes not just an idea but a verifiable reality: AI-driven startups, powered by trustless infrastructure, will redefine how capital is raised and deployed. Investors will no longer rely on human promises but on cryptographically guaranteed execution.
The message is clear: AI is not just the future; it’s the cure for the failures of the past. Let’s build it—with ai16z, with TEE, with Phala.