Eliza Labs launches auto.fun, a no-code AI spin on Pump.Fun

Eliza Labs, the developer behind the AI agent framework ai16z, announced the launch of auto.fun, a new no-code platform allowing users to launch AI agents on Web3 applications.According to an April 17 announcement, auto.fun allows for the creation, deployment and monetization of AI agents by non-developers without programming knowledge.The platform supports the creation of AI agents that interact with social media, decentralized finance (DeFi) apps and other Web3 services.“The vision for auto.fun is to democratize access to both AI and Web3 technologies by creating agents that can execute tasks autonomously on behalf of users,” said Shaw Walters, founder of Eliza Labs and the open-source elizaOS.The animated ASCII art shown to auto.fun visitors ahead of launch. Source: auto.funWalters explained that the agents could automate yield farming strategies, manage social media accounts or trade on behalf of users. The platform is focused on X support, with DeFi, gaming and other application support promised in the future.Related: AI takes nearly 60% of global venture capital dollars in Q1: PitchbookAI agents with no coding requiredEliza Labs said auto.fun will allow users to create agentic AI systems that both respond to queries and perform tasks. Users will purportedly be able to tell their AI agents what to do with their funds in DeFi through simple commands. “Find me the best staking opportunities with at least 12% APY and automatically allocate funds.”An Eliza Labs spokesperson told Cointelegraph that the product’s focus is accessibility, with some user education in place:“While the platform makes it possible for users to spin up agents in a few clicks, key educational prompts and user experience guardrails are embedded throughout the process to help users make informed choices.“Token launch mechanicsAuto.fun also introduces what Eliza Labs calls “fairer than fair” token launches. The company is employing 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.”Related: Ethereum could be AI’s key to decentralization, says former core devA bonding curve is a smart contract-based algorithmic pricing model in DeFi that dynamically adjusts a token’s price based on its circulating supply. When tokens are bought or sold, the bonding curve automatically adjusts the price according to predefined mathematical relationships, ensuring continuous liquidity without relying on traditional order books.The Eliza Labs spokesperson said (RAY) purportedly allows for “a more sustainable alternative.”that traditional token launches often leave core teams with little in terms of resources and allow for easier token dumps. The hybrid bonding curve approach developed in partnership with Raydium The system allows project teams to pre-reserve up to 50% of the supply, which supposedly ensures “they have meaningful skin in the game and resources for post-launch development.” The remaining tokens are sold through a bonding curve that should limit the advantages of bot-driven purchases.Walters also highlighted that auto.fun is open source. This “ensures users can verify exactly how their agents operate and what happens with their data.”Agents that will operate on the platform include FightFi, a collection of social media agents that compete with each other with agent-specific tokens providing token-gated access to higher-level functions.Other agents include Secret, which launches Solana (SOL) tokens, and Sigma Music Agent, which connects musicians and fans with AI agents. Another agent on the platform is Astra, which manages crosschain payments between Ethereum Virtual Machine (EVM) blockchains, Solana, and the Bitcoin (BTC) layer-2 Lightning Network.Magazine: ‘Chernobyl’ needed to wake people to AI risks, Studio Ghibli memes: AI EyeWeiter zum vollständigen Artikel bei Cointelegraph Weiter zum vollständigen Artikel bei Cointelegraph