“CAPS ELIZA” Launches Litepaper and New Token Economy Model: 10% of Proceeds for Buyback and Destruction

Odaily Planet - Eliza Wakes Up, the official partnership of ai16z, has released a light version of its whitepaper and a new token economy model.
Eliza Wakes Up is a comprehensive AI companion framework, powered by the ELIZA token on Solana, that aims to combine advanced companion AI with sustainable token economics, said Eliza Wakes Up developer, Ava, in a post on X.
Technical highlights of Eliza Wakes Up include a persistent memory architecture, a core memory system, daily logging, and a naturally evolving relationship mechanism that eliminates the need for XP.
ELIZA's new token economy model highlights include: 10% of net proceeds for ELIZA buyback and destruction, 10% converted to ELIZA and donated to the ai16z DAO, and 80% for development, infrastructure, and marketing.
On this news, ELIZA broke above $0.07 in the short term and is now trading at $0.069, up 44% in 24 hours.