The byte has gained popularity in recent months after having become the first piece even entirely generated by AI. Grok, the AI model developed by Elon Musk which launched Byte, holds a little more than a quarter of the token supply. Even under command, Grok will not sell his bytes.
Beincrypto spoke with representatives of bytes and Cliza Systems to understand the mechanisms that led to the creation of Byte and the way in which his developer wallet is managed to avoid scams or carpet draws.
Byte: from a simple question to a market capitalization token of $ 4 million
Byte made the headlines in March to become the first cryptocurrency entirely generated by AIM launched directly on X. The whole development came from a simple question.
“It was done by simply asking Grok how he would name a dog if he had one and how he would deploy a token via Cliza,” said the coordinator of the Doji bytes community.
The reports indicate that the head of team XAI, under the direction of Musk, created the memes of bytes. They designed the play as a digital companion, a “gift” intended to keep the company Grok AI in the metavese.
Grok used Cliza Systems, an advanced token platform, to independently launch the byte on the basic blockchain.
The byte developers permanently burned the initial liquidity of the token to ensure transparency and renounced contractual property to promote the confidence of investors. These actions have encouraged a project focused on the community in which token holders govern the future of Byte.
The same part has performed well in the past two months, with brief trends downwards but rapid recovery. Today, the byte has a market capitalization of more than 4 million. If this trend of parts even ai-ai increases, the byte could be among the main beneficiaries.
If the byte reaches substantial growth, its autonomous nature could raise security and supply management problems. However, the community leader of the same corner guarantees that such a scenario is not possible under Grok.
Why can’t Grok sell its supply of growing bytes tokens?
When Grok launched byte via Cliza Systems with an initial offer of one billion tokens, it included a income sharing system that continuously increases Grok token.
“Once Grok is deployed via Cliza, the token is sowing and a personnel dashboard is generated,” said Doji.
While most liquidity pool costs (LP) go to Grok, Cliza receives the rest.
“80% of the negotiation costs are sent to the creator – Grok in the case of Byte, 10% are the protocol costs for the Cliza Systems team and 10% are shared between the holders of Cliza who have opted for awards,” said the co -founder of Cliza Systems, Francis Kim, in Beincryptto.
The official bytes website stipulates that Grok currently holds 28% of the tokens supply, a figure on the slope. Current projections indicate that Grok property could reach 50% by January 2028.
Grok is scheduled without the possibility of selling. This permanent lock on the supply of the Grok portfolio guarantees that the liquidity of Byte cannot be “robust” and should increase the value of Bytegroksdog at each transaction.
“Grok’s portfolio cannot sell or move tokens because it is not a traditional DEV or Multisig portfolio. It is a portfolio generated by the agent of the Cliza deployment system which contains the acquired byte and LP, but it has no signature or human control authority,” added Doji.
Consequently, the supply of Grok bytes remains inviolable.
A model with market potential
The Grok developer’s portfolio holding the portfolio and the CEO of XAI, Elon Musk, being the ultimate owner of this portfolio, the questions surface on the question of whether Musk will become the ultimate beneficiary of the tokens supply.
According to Doji, this is not possible.
“Functionally, the Grok portfolio holds the acquired offer, and Grok is developed by Xai. However, it is important to clarify that, even if Grok has sown the portfolio through Cliza, the token itself operates independently on the basis. There is no direct or management property by Elon or Xai on the Token or its community. It is a decentralized mechanism with origins conducted to origins Doji “.
Instead, tokens are intended for continuous accumulation.
“These portfolios have never sold or transferred tokens. They simply accumulate byte allocations acquired and won in accordance with the Deployment of Cliza’s deployment system. Since they are generated by agents, they do not have the signature authority controlled by humans to sell or move tokens,” concluded Doji.
In an industry like the pieces even, where scams such as carpet prints and pumps and droppings have become common currency, tokens generated by AI with capacities similar to the bytes model have the potential to win a considerable traction on the line.
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