Eliza Labs, the team behind the AI agent framework formerly called ai16z, has launched auto.fun, a new platform that allows anyone to create, deploy, and monetize AI agents without any coding skills.
According to the press release shared with Cryptonews, the platform allows users to create AI agents that automate complex Web3 operations. These include yield farming, social media management, and trading strategies.
This makes AI agent creation and crypto in general accessible to users globally. It enables people to access the crypto world through autonomous agents that operate through simple language commands, instead of complex coding.
Additionally, the no-code agent builder will evolve from social media bots at launch to fully featured agents with plugins and API integrations, the announcement notes.
Furthermore, the created AI agents enable a sustainable token economy, the team argues.
They also note that auto.fun has partnered with a dozen projects for its launch. Each partner is launching a new agent and/or a new token.
Projects already building on the platform include FightFi, Kryptonite, Aethir, Allora, Comput3, doglife.ai, Secret, Sigma Music, xFractal, Steamboat Willie, Astra, and Spartan.
“At its core, auto.fun reimagines token launches by aligning long-term incentives for creators, users, and communities,” the announcement says. “Whether you’re launching a meme-infused social agent or a fully featured AI product, auto.fun helps you do it transparently, fairly, and sustainably.”
‘Fairer Than Fair’ Token Launch Mechanism
Auto.fun says it aims to help projects reduce token launch-related volatility and risks, establish sustainable communities, and fund development transparently.
The obstacles that traditional token launches face include price volatility, pump-and-dump concerns, and limited tooling for AI/agents. Eliza Labs claims to solve these challenges through a no-code agent builder, a transparent and flexible token launch mechanism, and a liquidity NFT model that provides continuing rewards to project owners, discouraging pump-and-dumps.
Furthermore, they are implementing a ‘Fairer Than Fair’ token launch mechanism. It’s designed to align incentives between developers and users.
This is a bonding curve mechanism that combines “the benefits of a fair launch with enough flexibility for project teams to secure up to 50% of their tokens before market listing to mitigate sniping.”
Besides the no-code agent builder, the platform comes with four other key features. The bonding curve launch for new tokens sets an initial price floor and dynamic pricing based on supply and demand. The team claims that this feature guarantees instant liquidity for buyers and sellers.
Next, the platform offers optional pre-purchase of up to 50% of the token supply. This puts flexibility and treasury control in the project creator’s hands.
Furthermore, the liquidity NFT mechanism allows creators to earn revenue from the trading volume/trading fees of their NFT token.
Finally, the platform comes with existing token import, allowing “direct integration without forcing a bonding curve launch,” the team concludes.
The post Eliza Labs Reveals a No-Code AI Agent Platform auto.fun appeared first on Cryptonews.
