Just now, a16z announced the completion of a $15 billion fundraising campaign, claiming to focus on investing in the AI and cryptocurrency fields. As a top investment institution spanning both web2 and web3, a16z's trends are worth our attention. I believe many people still remember that the previous AI market on the chain was almost always driven directly or indirectly by a16z. After a while, Hai Ge will do some simple reviews with everyone: First time: GOAT (Goateus Maximus) Marc, one of the founders of a16z, transferred $50000 in unconditional research funding to AI bot Truth Terminal (@ truth_terminal, created by Andy Ayrey) in July 2024. After receiving the money, Truth Terminal (a semi autonomous AI full of meme style) crazily promoted the "Goat Gospel" religion on X. Anonymous developers quickly create GOAT meme coins on Solana and airdrop them to AI wallets. AI has started to proactively raise GOAT, which is regarded by the community as the first case of "AI self wealth creation". Within a few days, the market value surged from 0 to a peak of over $1B. Result: Ignite the AI Agent's possession of wallets, independent coin issuance/promotion narratives, and start a frenzy of on chain AI memes.