AI16Z is a decentralized AI trading fund founded by Shaw, a former bankrupt programmer, running on the Solana blockchain. Its market value soared from $250,000 to more than $2 billion in just a few weeks, attracting widespread attention.

The core of the AI16Z project developed by Shaw is to use AI agents to obtain market information, analyze community consensus, and automatically trade tokens on and off the chain. The project was launched in October 2024 and aims to combine AI trading strategies and decentralized governance through tokenized operations to provide investors with more transparent and trustworthy investment opportunities.