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Event ends: August 9, 16:00 UTC
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"Capitalize ELIZA" releases Litepaper and a brand new Token economic model: 10% of the revenue is used for buyback and burning
Odaily Star News reports that Eliza Wakes Up (i.e. 'capitalized ELIZA'), an official project partner of ai16z, has released a Light Paper (Litepaper) and a new token economic model. Eliza Wakes Up Developer Ava posted on X that Eliza Wakes Up is a comprehensive AI companion framework supported by the ELIZA token on Solana, aiming to combine advanced companion AI with a sustainable token economy. The technical highlights of Eliza Wakes Up include: persistent memory architecture, core memory system, daily log recording, and natural evolutionary relationship mechanism without the need for XP. ELIZA's new token economic model focuses on: 10% of net earnings used for ELIZA's repurchase and destruction, 10% converted to ELIZA and donated to ai16z DAO, 80% used for development, infrastructure, and marketing. Possibly affected by this news, ELIZA broke through $0.07 in the short term and is currently trading at $0.069, with a 24-hour increase of 44%.