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The a16z-funded Truth Terminal did not launch the Meme currency GOAT, but participated in its promotion
Odaily Planet Daily News Meme coin Goatseus Maximus (GOAT) reached a Market Cap of 150 million US dollars in less than four days (currently fallen to 133 million US dollars). There were rumors that it was launched by the artificial intelligence robot "Truth Terminal" funded by a16z. Its creator Andy Ayrey stated in a post on October 13 that the robot is not directly responsible for the launch of GOAT Token, but was involved in promotion. Ayrey reiterated that Truth Terminal is not an encryption project, but rather focuses on studying the meme contagion phenomenon and the tail risk generated by unsupervised unlimited creativity in the era of large-scale language models. "This To The Moon Meme coin proves the point I'm making about building an artificial intelligence calibration and security company. It's the main source for me to get game skins - I also bought some GOAT, and someone sent me an Airdrop," Ayrey added. (Cointelegraph)