ai16z Founder 'Shaw' Visits Korea…"Aiming to Enhance Token Value and Expand Ecosystem"

AI Agent-Based VC

Assets Under Management $37 Million

Emphasizing Differentiation in Korea

At the 'ai16z Meetup' event held at Hashed's headquarters in Gangnam, Seoul on the 3rd, Shaw, the founder of the AI agent project ai16z, and Subin Ahn, Hashed's data lead, are conducting a panel discussion. / Photo by Lee Jun-hyung

Shaw, the founder of the AI agent project ai16z, visited Korea and stated on the 3rd that they are "exploring various ways to enhance token value."

Shaw attended the 'ai16z Meetup' event held at Hashed's headquarters in Gangnam, Seoul, and said, "(Token issuance) is very useful for growing AI projects and securing early investors." Shaw explained, "We are finding various ways to enhance token value," and "this will encourage more people to participate in our ecosystem."

Shaw emphasized the goals of ai16z. He said, "We believe AI agents are useful in solving complex financial problems," and "(ai16z) aims to simplify complex issues by having AI agents respond to users' questions."

He also mentioned the differentiation of ai16z. Shaw stated, "We are skeptical about large language models (LLM) directly analyzing financial signals and trading based on them," and "while the market may perform to some extent, we believe the model utilizing collective intelligence is original." He added, "Ultimately, ai16z does not make investment decisions solely based on LLM," and "we are writing a paper on the approach based on collective intelligence and plan to release it as open source."

Regarding areas where AI agents can be applied, he said, "Games are the most representative example." Shaw mentioned, "(AI agents) have the potential to provide users with diverse gaming experiences," and "(we are already) developing several games, including Small World. Small World, which is in the final stages of prototyping, is a new type of game that couldn't be created before."

Meanwhile, ai16z is a venture capital (VC) operated based on AI agents. ai16z's assets under management (AUM) amount to $37 million (approximately 54 billion won), with an annual return rate of 85%. The market capitalization of the token 'AI16Z' issued by ai16z is currently around $2.5 billion (approximately 3.8 trillion won).