A tweet received 35,000 SOL, what is the AI-Pool pre-sold by ai16zdao members?
Pre-sale, but this time it has a new feature of AI storytelling.
Author: Deep Tide TechFlow
Trends are cyclical, and this applies to crypto as well. After getting tired of the PvP in PumpFun, the market has returned to the old play from earlier this year—pre-sales, but this time with a new twist of AI narrative.
Early this morning, Twitter user Skely ( @123skely ) tweeted announcing the launch of the AI token project AI-Pool(@aipool_tee) pre-sale. Perhaps the identity as a member of @ai16zdao gave Skely some endorsement, as the pre-sale raised over 10,000 $SOL in less than two hours, and after half a day, it had raised over 35,000 $SOL.
The method of raising funds through pre-sales was popular earlier this year, with many projects raising tens of thousands of $SOL, but few achieved good results in the end. Logically, the market should have become disenchanted with this method, so what’s different about this pre-sale?
AI-Managed Pre-sale Pump.fun?
In simple terms, this pre-sale project AI-Pool is a "money-raising Fi" managed by AI agents.
Skely stated in the tweet that the early pre-sale money-raising models (like slerf, bome, etc.) were all fine if they could successfully launch after raising a large amount of funds. However, this model of money going into personal wallets is a significant test of human nature; even if the DEV had no malicious intent at the beginning, the temptation of increasing funds can be overwhelming, as seen with GM.AI.
The current pumpfun model does avoid some possibilities of centralized malfeasance. However, it has been muddied by bots at every turn: fake comments, market sniping, trend tracking… Even with a mechanism for fair launches, the opportunities for retail investors to participate fairly in trades are dwindling. They not only have to PvP with humans but also with bots that are online 24/7.
In short, these participation methods are certainly not fair for retail investors. Since they can't compete with bots in pumping, and humans often break promises in pre-sale models, it might be better to let AI manage the pre-sale process.
How Does AI-Pool Work?
This is a smart token issuance system built on a Trusted Execution Environment (TEE). Its core is an AI agent running in the TEE, ensuring that its operating environment cannot be hacked or tampered with through special security mechanisms. The system employs a carefully designed private key management scheme to ensure that private keys are never exposed to humans, fundamentally safeguarding the system's security.
In daily operations, the system accepts two forms of funding: small donations (less than 1 SOL) and larger investments (1 SOL or more). These funds flow into a smart wallet managed by the AI agent. The AI agent will use these funds to launch new token projects on the Meteora liquidity pool and reward qualified investors through airdrops.
Throughout the process, each wallet operation generates remote authentication credentials, which are used not only to verify the legality of the operations but also to ensure that the wallet's derivation process and access permissions are traceable and secure.
Skely also emphasized that this series of developments was completed using the ELIZA framework from ai16z.
The core mechanisms of the project are as follows:
Funding Reception: Users send SOL directly to the AI agent's wallet address (opRyDjuRetWnsP78FNFTPEnAJX7AkjuD6GTP7tsqHXd) with a minimum of 1 SOL and a maximum of 10 SOL:
- Amounts below the minimum will be considered donations.
Security Assurance: Through the TEE technology from @PhalaNetwork :
- Private keys are generated and stored in the TEE.
- Developers cannot access the private keys.
- All operations can be verified in terminal logs.
Liquidity Management:
- The AI will create liquidity pools through Metoria (not PumpFun).
- Transaction fees flow directly back to the AI wallet.
- Qualified participants will receive token distributions.
At the same time, Skely also mentioned in the tweet that this pre-sale is not completely risk-free:
Currently, the project is still in V1, and 10% of the supply will be sent to a custodial wallet (publicly visible). These funds will be used for potential future exchange listings or other integrations (cross-chain LP pools, etc.), or for burning. Technically, developers can push code changes to the rules, but this requires about a 24-hour execution period. Of course, once the tokens are launched and locked, they cannot be changed.
He also mentioned that in V2 and future versions, the team hopes to make the AI agent in the project fully autonomous, possibly operating in a DAO format, so that everyone can benefit from the fees flowing to the AI agent's wallet, while introducing some whitelist technology and blacklisting those who attempt to snipe or manipulate the system.
Market FOMO to Invest, but Details of the Issuance Mechanism are Criticized
From the speed of investment in the market, this pre-sale has indeed succeeded. The pre-sale address received over 35,000 $SOL in just half a day, worth nearly 7 million dollars. Although it was stipulated that the pre-sale limit was 10 $SOL per address, some people still sent over 500 $SOL in one transaction to the pre-sale address.
Pre-sale address:
opRyDjuRetWnsP78FNFTPEnAJX7AkjuD6GTP7tsqHXd
And Skely himself did not expect this pre-sale to create such FOMO. When the account approached 30,000 $SOL, he halted the pre-sale, stating that any further funds would only be used as LP for the pool (but how much is the hard cap, and how the excess $SOL will be allocated remains unclear).
However, while the funds were raised, there are some serious issues with this pre-sale that have left users dissatisfied:
- While allowing funds to be raised, Skely initially did not set a hard cap for this pre-sale, leading to an increasing amount of SOL in the pre-sale address. Early investors' shares may be diluted, causing growing anxiety and dissatisfaction among people. Some Twitter users bluntly stated: with so much going on, is it just a pre-sale wrapped in an AI shell? The ability to withdraw money is what truly matters.
- The allocation mechanism is unclear. Skely mentioned in the tweet that tokens would be distributed to "worthy individuals," but this standard is overly subjective, and Skely seems to have not elaborated further on this statement.
- Some have pointed out that the project's Twitter account @aipool_tee has changed names multiple times, and its previous name (cable) was not very nice… However, Skely later tweeted to acknowledge that the project account had indeed changed names multiple times, but stated that this was simply to come up with a more suitable name, nothing more.
Conclusion
Perhaps due to raising so much money without a clear mechanism, Skely has already drawn some dissatisfaction from community members. As of the writing of this article, Skely's Twitter account has shown that it has been frozen.
However, before the account was frozen, Skely tweeted that tokens would be issued on December 24 at UTC, and to prevent excessive sniping, the specific token issuance time will not be disclosed.
Whether this pre-sale is genuinely aimed at creating some substantial applications or yet another shell game using AI, let’s hope that this time it’s not the retail investors who willingly invested that get hurt…
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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