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Coinbase, Google, Launch Aiccelerate DAO For Crypto and AI

Coinbase, Google, a16z Launch Aiccelerate DAO for Crypto-AI Push

byRitu Lavania
January 10, 2025
in Artificial Intelligence News, Web3 News

Artificial intelligence continues to reign in 2025 as team members from Coinbase, Google, a16z, and other prominent firms have come together to launch Aiccelerate, a new Decentralized Autonomous Organization (DAO) focused on merging the fields of crypto and AI.

Aiccelerate DAO Accelerating Crypto and AI

Announced on January 9, Aiccelerate is dedicated to advancing decentralized, open-source AI development while supporting promising projects across various ecosystems.

The DAO positions itself as both an investment and development platform with a mission to drive innovation in “agentic AI.” AI Agents are AI systems capable of interacting with environments, collecting data, and completing tasks to achieve specific goals. The DAO’s one of the first projects will involve developing a public utility research agent to aid Aiccelerate and the broader market in making data-driven decisions.

According to its announcement, the DAO noted, “We believe crypto AI is at an inflection point. Our mission is to accelerate the development of decentralized, open-source AI and support high-potential projects across every ecosystem. We consider agentic AI to be one of the most important technological shifts for crypto.”

Moreover, the DAO is also planning to create a community of leading developers (multi-framework aligned) that will build an array of agents and tools that will support the DAO’s objectives.

Aiccelerate’s initiatives will be unified under a single native token, AICC, with some of the DAO’s profits allocated to token buybacks.

The DAO boasts a notable advisory team for both development and investment. On the development side, contributors include Shaw (founder of ElizaOS), EtherMage (core contributor to Virtuals Protocol), Nader Dabit (developer relations head at EigenLayer), and Jason Zhao (co-founder of Story Protocol).

Investment advisors include Andrew Kang and Marc Weinstein (Mechanism Capital), Justin Lee (Coinbase Ventures), and Anil Lulla (Delphi Digital).

Aiccelerate aims to overcome inefficiencies in traditional venture capital, such as slow adaptation to liquid markets and decentralized launch models. With its advisors’ expertise and networks, the DAO will provide funding and collaboration opportunities to emerging projects while deploying advanced AI agents to improve decision-making in the crypto and AI industries.

The DAO will be considering partners starting at 7PM EST Jan 9th and for 24 hours.

Also Read: Auction Volume of XPIN’s AI Agent Xtella.AI Surpasses $4.1 Million

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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