- Aiccelerate DAO, launched by members from Coinbase, Google, and ai16z, aims to merge cryptocurrency and AI.
- Positioned as both an investment and development DAO, Aiccelerate plans to support high-potential projects across ecosystems.
The mix of decentralised finance (DeFi) and artificial intelligence (AI) has given birth to a new narrative in the crypto space called DeFAI, which focuses on leveraging AI agents to simplify the onboarding process for decentralised applications (dApp), which are often more complex than useful.
That said, Aiccelerate is a new Decentralised Autonomous Organisation (DAO), launched by team members from Coinbase, Google, ai16z, and other major players. The initiative aims to accelerate the integration of cryptocurrency and AI, focusing on decentralised and open-source AI development.
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More AI For All
According to a Jan. 9 announcement, Aiccelerate will support high-potential projects across various ecosystems, positioning itself as both an investment and development DAO.
The organisation’s primary mission is to drive innovation in “agentic AI”, a term referring to software agents capable of interacting with their environment, collecting data, and performing tasks to achieve specific goals.
In a statement, the team outlined that:
We believe crypto AI is at an inflection point. Our mission is to accelerate the development of decentralized, open source AI and support high potential projects across every ecosystem. We consider agentic AI to be one of the most important technological shifts for crypto.
Aiccelerate teamRelated: Bhutan SAR Reveals Plans to Hold BTC, ETH and BNB in Strategic Reserve
The organisation has assembled a diverse group of development advisors, including Shaw, the founder of ElizaOS, powering ai16z; EtherMage, a core contributor from Virtuals Protocol; Nader Dabit, head of developer relations at EigenLayer; and Jason Zhao, co-founder of Story Protocol.
Notably, Ai16z has become one of the biggest AI agents in the sector, leading with a market capitalisation of US$1.5B (AU$2.42B).
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