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The Future of AI Memecoins

The Future of AI Memecoins

CointimeCointime2024/10/22 08:12
By:Cointime

AI Memecoins: Memecoins that are created with the help of AI. Basically, human beings are training LLMs to launch a Memecoin and create a persona for the memecoin on social media, which acts as a spokesperson for it. The persona is designed by the creator based on their intellectual understanding, opinions, and viewpoints. Launching the memecoin itself would be easy, but bringing that character to life is where you really need to stand out. Creators can play to niches for this. For example, if I had a plan to launch an AI memecoin, I would train my memecoin persona as someone who could talk about crypto and spirituality at the same time. The beautiful part about this whole experiment is the persona; you could put the persona on different platforms, make an avatar out of it, and make it more engaging. It could not only share thoughts but also talk to people.Enter @virtuals_io : they allow creators to launch Memecoins, build personas, create avatars, integrate with different platforms, and launch them on their own launchpad. The Virtuals protocol is on Base, and they have a memecoin called $LUNA—an e-girl persona you can talk to on the website’s chat interface. $LUNA has a market cap of around $10M.

The idea of $LUNA and other AI agent-trained memecoins started after the success of a memecoin called $GOAT and its persona, @truth_terminal , which is good at making fart memes. Backstory: https://x.com/0xDamix/status/1848027886285979902 They also have a coin called Fartcoin, and both these coins got major CT attention. GOAT reached a $400M market cap. The common lore behind both coins is that they are funded by billionaire VC Marc Andreessen.

Now, the lore part is important—it reminds me of NFTs. Interesting lore builds more excitement around an AI memecoin, and when the persona behind the coin doubles down with great niche content, mainly tweets for now, people will become more engaged. They’ll shill more and celebrate it more.

It's all very fast-paced. $FART , for example, did 1000x in 2 days. Such fast-paced gains are a clear definition of a bubble unless you fix things and consolidate the whole experiment into a mature stage.To reach a mature stage, I think AI-trained memecoins would need to extend their personas beyond a tweet bot to something like an avatar that could interact with people on live-streaming platforms. There should also be a tip function where people could tip the avatar, and the revenue from tipping should be burned from the token supply by logic set in a smart contract during its creation by an AI agent in the first place. That’s your deflationary AI memecoin.

A Launchpad for Memecoins run by AI Agents

Memes are part of internet culture; they originate from social media posts, images, or videos, right? Take the example of the recently successful meme Moodeng—it was viral on the internet.

It was a no-brainer for people into memecoins. Since so many people launch memecoins with the same name, as it’s too easy to do these days, people never really get the right idea about which memecoin based on the viral meme will have a run after a few hours. It's a classic problem when putting your money in newly viral memes. You could always end up losing unless you know the cabal. There’s no fairness involved. If you could bring fairness to the process where everyone gets the right to buy the next hottest memecoin based on a viral meme, it could be a game-changer for a lot of us—not completely, because you're going to have snipers, but still, you could enter at mid-stages if not late stages.The idea here is to build a memecoin using an AI agent, create a persona around it, and also build a launchpad through AI-based coding with human-end testing. Then, launch a launchpad where AI agents are trained to launch a memecoin whenever a new meme gets listed on knowyourmeme.com .

It's like pumpdotfun in a way, where people could bootstrap the liquidity for memecoins, and we have an agent that will run the persona for the memecoin. It would shill everything needed on Twitter, gaining more attention. The more attention the meme gets, and the more carefully designed the persona, the more people will flock to the memecoin. The best part is that everything is automated. The launchpad is run by AI agents—no humans involved. The launchpad could make heavy revenue, similar to what pumpdotfun does. $100M a year is quite possible if it becomes successful, and these AI agents would distribute 70% of the revenue with token holders of the AI meme launchpad, 20% of the revenue would go to protocol-side liquidity bootstrapping, and 10% of the revenue would go to different charities associated with the nature of the memecoins launched on the platform.This is one of the core ideas I had in mind. You could explore more ideas around AI agent-trained coins like @nashfinanceX , where AI agents are being trained to launch dynamic crypto indexes. AI agents could also be trained to find the best DeFi strategies for investors. When you use AI agents, you save on human costs, and you can drive those savings in the form of incentives, sharing a maximum portion of revenue with holders. In the long term, you'll need incentives to stay relevant. The lore might bring people on board, and all those folks are coming to catch the next $GOAT or $FART , but 99.99% of them will never see those gains again. Hence, disappointment will emerge, and the lores will go out of trend again.The only sustainable way is to think long term, bring long-term value, use memes to unite people culturally, but also have incentives in place so they stick together, as they need to grow financially too, even after the initial run is over.

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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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