Right then, listen up! Eliza Labs, those clever clogs behind the ai16z thingamajig, have cooked up something truly scrumdiddlyumptious. It’s called auto.fun, and it’s a no-code platform, which means even you, yes YOU, can launch AI agents on Web3 applications. I know, it sounds like something out of a Willy Wonka factory, doesn’t it? 🤩
According to a rather serious announcement on April 17, auto.fun lets you create, deploy, and even make money from these AI agents. And the best part? You don’t need to know a single line of code! It’s like magic, only slightly less dangerous. 🧙♂️
This platform is all about making AI agents that can meddle with social media, play around with Decentralized Finance (DeFi) apps, and generally cause mischief on other Web3 services. Oh, the possibilities! 😈
“The grand vision for auto.fun is to let everyone, even the ones who can’t tell a computer from a toaster, have access to both AI and Web3. These agents will do all sorts of tasks for you, without you lifting a finger,” said Shaw Walters, the brains behind Eliza Labs and the open-source elizaOS. Sounds a bit lazy, doesn’t it? 🦥
Walters went on to explain that these agents could be automating yield farming strategies (whatever those are), bossing about social media accounts, or even gambling on your behalf. The platform seems particularly fond of X (formerly Twitter), but promises to support DeFi, gaming, and other shenanigans in the future. 🤖
AI agents with no coding required
Eliza Labs reckons auto.fun will allow you to create AI systems that can both answer questions and do your chores. Apparently, you can simply TELL your AI agents what to do with your money in DeFi using simple commands. Like magic, but with more maths. ➗
“Find me the best staking opportunities with at least 12% APY and automatically allocate funds.”
A spokesperson from Eliza Labs whispered to CryptoMoon that the main aim is accessibility, with a bit of education thrown in for good measure:
“While the platform makes it possible for users to spin up agents in a few clicks, key educational prompts and user experience guardrails are embedded throughout the process to help users make informed choices.“
Token launch mechanics
Auto.fun is also launching tokens in a way that Eliza Labs claims is “fairer than fair”. They’re using a bonding curve mechanism, which apparently “combines the goodness of a fair launch with the chance for project teams to snag up to 50% of their tokens before they even hit the market.” Sneaky, eh? 🤫
A bonding curve is some fancy mathematical thingamajig in DeFi that changes a token’s price based on how many are floating around. When you buy or sell tokens, the price automatically adjusts, ensuring there’s always some money sloshing around, without needing those old-fashioned order books. 📚
The Eliza Labs spokesperson said this clever system purportedly allows for “a more sustainable alternative.” Because traditional token launches often leave the poor core teams with next to nothing and make it easy for folks to dump tokens like unwanted vegetables. 🥦 This bonding curve approach, cooked up with Raydium, is supposed to be the bee’s knees. 🐝
This system lets project teams squirrel away up to 50% of the supply, which is supposed to ensure “they have a vested interest and resources for development after the launch.” The rest of the tokens are sold through a bonding curve that should stop those pesky bot-driven purchases. 🚫
Walters also proudly announced that auto.fun is open source. This “ensures users can double-check exactly how their agents are operating and what’s happening with their precious data.” So, less chance of your agent running off to join the circus. 🎪
Some of the agents strutting their stuff on the platform include FightFi, a bunch of social media agents battling it out with agent-specific tokens that give you access to higher-level functions. Sounds like a right rumble! 🥊
Other agents include Secret, which launches Solana (SOL) tokens, and Sigma Music Agent, which tries to connect musicians and fans with AI agents. Another agent is Astra, which manages crosschain payments between Ethereum Virtual Machine (EVM) blockchains, Solana, and the Bitcoin (BTC) layer-2 Lightning Network. Blimey, it’s all go! 🤪
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2025-04-17 17:25