Recently, AI Pool has become a hot topic in the AI Agent track. AI Pool is considered to have opened up the assetization of AI Agent. The founder of AI Pool is Skely , who is also a member of ai16z . Interestingly, Skelys X has been frozen since the start of pre-sale until press time. Under such circumstances, Meteora, the first project of AI Pool pre-sale , raised more than 30,000 SOL overnight, and even after the announcement of the end of pre-sale, people continued to send money to AI. What exactly is AI Pool? What is the difference between AI pre-sale and previous pre-sales? Lets discuss these questions below.
AI pool core mechanism
Pre-sale is not a new entry point for the market. According to the founder Skely , the main problem that AI Pool pre-sale solves is the problem of distrust in the market, which mainly revolves around two aspects. The first aspect is that AI Pool prevents artificial pre-sale and bankers from running away with the money. I believe that this market pain point is deeply hated by old players in the market, and many people have suffered losses in this regard. The second aspect is that the pre-sale method is more fair to retail investors. Now the main winners of traditional pre-sales are snipers/bots, etc., and pumpfuns PVP mode makes retail investors see no hope.
It has to be said that what Skely mentioned are the pain points of retail investors. From the perspective of problem-solving, Skelys method is very popular. Then, AI Pool proposed its own logic on how to solve these problems. AI Pool uses Trusted Execution Environment (TEE for short) technology. In fact, TEE is not an emerging technology, so why can it attract market attention again? This time, AI Pools old project @PhalaNetwork based on TEE technology, its innovation lies in the combination of AI operating environment, smart contract scheduling and decentralized consensus governance, which is an innovative attempt to solve the problem of on-chain asset custody. How does AI Pool solve it specifically?
First, AI Pool uses TEE technology to allow AI to generate and keep private keys independently. Any signature can only be executed by AI in the TEE environment, so it can fundamentally avoid the phenomenon of bankers running away with donations. Secondly, AI Pool uses TEE technology to interact with the internal and external chains in the TEE environment through the Phala contract and realize offline computing. This mechanism can prevent the capital pool from being maliciously sniped, and effectively avoid various fraud risks including high-value dynamic transactions. This is a fairer way for retail investors to participate. This is also @aipool_tee is one of the important means to protect the security of the project. Shaw, the founder of ai16z, praised it highly and said that this gameplay may subvert the coin issuance mechanism of pumpfun. Even when Skelys account was frozen, Shaw said that the bot would deploy AI Pool tokens and was very optimistic about the project. As a result, the markets enthusiasm was ignited again, and the community believed that Bome 2.0 was about to be born.
The core mechanism of AI Pool pre-sale is as follows: to raise funds, users send SOL to the AI wallet (pre-sale address opRyDjuRetWnsP 78 FNFTPEnAJX 7 AkjuD 6 GTP 7 tsqHXd), with the amount ranging from 1 to 10 SOL (less than 1 SOL is considered a donation); AI Pool issues tokens through @PhalaNetwork s TEE (Trusted Execution Environment) technology; AI Pool manages liquidity through Metoria and distributes tokens independently.
Source: Ai Pool TEE News
Tokens issued by AI pool
The first token issued by AI Pool is METAV , which has raised more than 30,000 SOL, of which the top 3 excess funds account for 82%. As of press time, most of the METAV tokens have been sold among the top three addresses. The feature of METAV is that the token pool has a transaction tax, and the tax rate between buying and selling is 20%. At present, the founders X account has not been unblocked after the platforms manual review, and 10% of the METAV tokens have not been airdropped.
The market value of METAV peaked at $80 million and has now fallen back to $38.1 million. There are two opinions among METAV community members. One opinion is that this is the first token issued by AI Pool, so some community members are still optimistic. Another opinion is that the tax rate of METAV is too high and the pool is locked (currently locked more than $20 million in the figure below), making it difficult for funds to flow in.
Source: app.meteora
Compared with METAV, the tokens issued by AI Pool later are not as good as METAV in terms of community sentiment and market value. For example, the second token issued by AI Pool , GFC , currently has a market value of only US$710,000. The main narrative of GFC is to provide funds for DEI, and the community sentiment is average.
How far can the AI pool issuance mechanism go?
At present, from the perspective of AI Pools issuance mechanism, it is not perfect. Taking the issuance of METAV as an example, there are different problems from the beginning to the end of fundraising. At the beginning of fundraising, the planning of the project was not clear, and most community users participated with a gamble mentality; after the fundraising ended, community users could still transfer coins to the AI address, and there was no more humane mechanism; after the fundraising ended, there were also many problems in the issuance of tokens. For example, users who transferred 1 SOL were forcibly donated. There are also many large accounts that have delayed receiving METAV tokens, and some large accounts have not received tokens for a long time and have been forcibly locked.
As a new thing, the market is tolerant. AI Pool is an innovative form of AI Agent assetization. Founder Skely also believes that this is an innovative experiment. He previously said in a tweet that AI Pools current main profit model is to charge a small fee through the Metoria liquidity pool, but the specific proportion is still unknown. In V2 and subsequent versions, it is planned to make AI agents fully autonomous and even integrated into DAO governance. The fee income generated by AI Pool will also benefit all participants. In addition, in order to prevent malicious operations, a whitelist mechanism will be added.
From Skelys plan, it seems that the various problems that occurred in V1 can be clearly solved. The success of METAV, the first token issued by AI Pool, lies in the strong support of Shaw and the fact that the founder Skely himself is also a member of ai16z. These endorsements have invisibly injected some new traffic into METAV. However, it should be noted that AI Pool is still in its infancy, many mechanisms are not perfect, and the open source nature of the code is not transparent. Whether the project really uses TEE technology also needs to be verified.
It is worth noting that the market immediately responded to some of the above problems with AI pool. focEliza from the ai16z developer community proposed to quickly perceive and fix problems in the operation of AI Pool. The focEliza community proposed that through technical processing, anyone can publicly view and verify the verifiable logs of TEE AI agents like a blockchain browser, and published a link to the experience . The focEliza community even proposed a full-chain AI Agent, as shown in the figure below. Can ai16z and BTC and ETH also have more intersections? These visions look really cool!
Source: @CP 2426 _
summary
AI Agent has evolved in many ways since its development. Currently, AI Agent can realize the release of various types of virtual assets such as text, music, and NFT, and can realize the interaction between Agents. There are also cases of integration with real life, and it can also help humans do investment research and analysis. From virtual environments to integration with real life, from infrastructure to application agents, AI Agents are exploring different things.
But from the current perspective, more AI Agents rely on Meme narratives. After the emergence of new narratives, many projects gradually withdrew from the market as market capitalization fell, and community sentiment and attention gradually withdrew from the market. But the good news is that with the continuous evolution of AI Agents, we can observe a more exciting on-chain world and indirectly promote the continuous innovation of underlying technologies. For example, after this AI Pool, focEliza from the ai16z developer community further explored the issue of market trust.
In the end, perhaps we will truly see AI Agents being applied to all aspects of our lives. AI Agents can benefit mankind and promote the leapfrog development of society.
