The meme coin fable on Robinhood has reached a market cap of $1.35 million, linked to the 'Mars' narrative. Created by Kevin Ngo on Robinhood Chain, it's dubbed 'Robinhood's GOAT' by some. The project claims deployment via an AI agent, with a16z's Marc paying attention to related figures, and fee income used to fund the agent.

FOMO co-founder Se Yong used a 43-minute interview with host Maurits to lay out what the mobile social trading app is trying to build, why it took longer than outsiders think to find product-market fit, and why he believes public trading records can turn traders into public figures. He said FOMO has grown to more than 1.3 million users in 18 months, is adding about 30,000 users a day recently, generated more than $2 million in fees this week, and is now valued at $550 million. Se Yong described FOMO not as another crypto terminal but as “a trading app for the rest of us,” built around a broader ambition to become the social graph of finance. He linked that vision to a product design philosophy centered on trust, simple cash-denominated balances, fast cross-chain execution, and social transparency through leaderboards and public P&L. The interview also covered his own trading background, the missed Base memecoin trade that helped spark the idea for FOMO, his list of top traders and creators, the early beta rollout of Clans, and his view that crypto onboarding is shifting away from Crypto Twitter toward TikTok, Instagram, and word of mouth. Across the conversation, Se Yong returned to the same point: users, influence, and public transparency matter more to FOMO than status metrics alone.

Crypto investor and researcher Lao Bai used a nearly two-hour conversation with 168X to lay out a blunt view of where the industry stands in August 2026 and what may still matter in the next cycle. His argument starts from the current washout: exchanges such as BitMEX and BitMart have stopped trading operations, former star products including Zapper and Fantasy Top are shutting down, and both talent and capital are drifting toward AI. In that setting, he says crypto has already “won” in one sense — Bitcoin ETFs exist, stablecoins have become important dollar infrastructure, traditional firms are building on-chain rails, and tokenized real-world assets are entering mainstream finance — yet many old participants still feel they lost because the era of effortless altcoin upside is gone. Lao Bai’s core judgments are sharp. He says issuing tokens is closer to taking on liabilities than raising capital. He expects the idea of a standalone “crypto VC” to gradually disappear as blockchain becomes embedded infrastructure rather than a self-contained sector. He sees stablecoins and perpetual futures as crypto’s two strongest native inventions, while arguing that prediction markets have genuine product-market fit but a much lower ceiling than perpetuals. On market structure, he expects Perp DEXs to consolidate into only a handful of winners, with Hyperliquid in the top tier and names such as Aster, Lighter, edgeX and Variational competing below it. He also argues exchanges should stop thinking of themselves as crypto-only venues and instead evolve toward a global risk-asset super app — a model he says Robinhood best represents today.

In a nearly two-hour conversation hosted by 168X, investor and researcher Lao Bai laid out a broad thesis on where crypto stands in 2026 and where it may be headed next. His core view is blunt: the crypto industry has matured, token issuance works more like debt than financing, and the label "crypto VC" is likely to disappear over time as blockchain becomes part of the broader commercial stack rather than a standalone sector. Lao Bai, whose past roles include Amber, ABCDE and OKX Ventures, said his focus inside crypto has narrowed to a handful of sectors he still sees as having product-market fit: perpetuals, prediction markets, real-world assets and stablecoins. Even there, he drew sharp distinctions. Stablecoins and perpetual contracts, he argued, are crypto’s two strongest native inventions. Prediction markets, by contrast, do have real PMF but a much lower ceiling than perpetual trading. He also discussed Hyperliquid’s lead in Perp DEXs, the competitive setup around HIP-3 deployers such as TradeXYZ and Paragon, why security issues often stem from lending rather than pure perpetual products, and why exchanges are increasingly competing not just with Binance or OKX but with Robinhood, Interactive Brokers and even banks. His conclusion was equally direct: the endgame for exchanges is to become a single global gateway for risk assets.

ElizaOS founder Shaw said the $ai16z token is "completely dead" and that the related foundation is gradually winding down operations, according to Foresight. The source article frames ai16z as one of the earliest high-profile crypto AI projects, arguing that it stood out not as a meme-driven asset but as a more technical and idea-heavy ecosystem token. It notes that the project’s founder had proposed, around October and November 2024, a base framework designed to serve the AI ecosystem — an idea the article describes as forward-looking, even if the label "operating system" was awkward. The piece also points out that Anthropic’s MCP framework was introduced in late November 2024, placing it later on the timeline. In the author’s view, ai16z eventually declined for commercial reasons rather than technical ones: it failed to establish a business model that could generate profit and cash flow, and it did not build a stronger team capable of pushing the project forward. The article contrasts that path with Virtual, which it says focused on business model, revenue, and cash flow from the start. The conclusion presented in the source is that long-term project value still comes back to commercial fundamentals.

Eliza OS founder Shaw Walters has published a lengthy statement saying the ai16z token is effectively dead, the foundation has been shut down, and no buyback will take place. He said token holders can either sell or try to revive the market themselves, but should not expect further action from him. Walters also said the foundation ran out of money fighting legal action brought on behalf of token holders, and that the remaining funds were paid out. He added that he once held $25 million worth of ai16z tokens, never sold a single one, and watched the position fall to zero. The statement has renewed attention on ai16z’s short but outsized role in the 2024 AI Agent token boom. The project raised 420.69 SOL on DAOs.fun in October 2024, or about $75,000, and later climbed to a $2.6 billion market cap in less than three months, according to the article. The piece argues that crypto priced the AI Agent idea before the products were ready, while the actual commercial winners in 2026 have been AI companies and platforms such as Anthropic, OpenAI, and OpenRouter rather than tokenized crypto projects.

Shaw Walters, the founder of Eliza OS, has declared that the ai16z token is effectively finished, saying the foundation has shut down and no buyback will take place. In a long statement, Walters told holders to either sell or "find a group of people to pump it," while making clear he would do nothing more for the token. He also said the foundation had been sued by lawyers acting on behalf of token holders and no longer had the money to fight, with the remaining funds already paid out. The statement has brought renewed attention to one of the biggest crypto AI stories of late 2024. ai16z launched on DAOs.fun in October 2024 with a crowdfunding target of 420.69 SOL, about $75,000, for what was pitched as an AI-run investment fund. In less than three months, its market value climbed to $2.6 billion and helped push the wider AI agent token sector close to the $10 billion mark. The article argues that crypto priced the AI agent idea far earlier than the underlying products were ready. By 2026, many of the functions once promised in token white papers had become real through companies such as OpenAI, Anthropic and platforms like OpenRouter, none of which needed tokens to build viable businesses. That contrast now sits at the center of the ai16z post-mortem.

Ourbit marks its second anniversary by unveiling the 'Trade Everything' strategy, expanding offerings beyond crypto to tokenized stocks, commodities, Pre-IPO, and prediction markets. A 520,000 USDT event pool is also live.