ai20x is a movement.
It was Q1 2025, the president of the free world had just launched a memecoin. People across the world were downloading moonshot, their first phantom wallet. It was a time and frenzy not seen since the nft craze of 2021.
At the time our team was doing research on decentralized LLMs on bittensor, preparing a white paper for a subnet launch for a Decentralized AI project. Boring right?
What came next was to be expected but still very fun. CA's being sent by the hour, you didn't know who would be next to tweet they were launching… was it Kanye, Martin Shkreli, or Dave Portnoy? No sleep, only naps, with your laptop plugged in next to you in case you needed to ape.
Of course most memes including $trump ($88 to $10) dumped at some point, as the attention economy produced faster and faster cycles. What used to be months of community building turned into "whats the hot token of the week?, the day?, the hour?"
You had to assume everything was a rug pull, yet the trenches kept trenching.
We had to take a step back and ask ourselves why? If you knew the odds were against you why would you take your hard earned capital and gamble it away. What's the psychology behind a top blast? The reality is for the normal person crypto is still one of the only ways to win big and at least have a shot at generational wealth. Escape the rut, the 9-5, the average life.
Then we asked ourselves, how could we use this decentralized AI technology to build something fair, something better.
We prompted, "given the psychology of memecoins, how would you design a protocol which was fair, transparent, and gave users outsized returns. Assume a high risk tolerance, and an understanding the user is ok riding to zero, for the chance at a big win."
What came next started the journey of the application we hope you'll use. Not because its guaranteed to do anything. We all know in investing that's impossible. But because you know you have a fair shot at winning big.
Ai20x is a movement. An acknowledgment of how fucked up the system really is. An answer to the shackles most of us are born with, yet we live in the trenches. One of my favorite artists once said "all we wanted was the opportunity" here it is. Fight back. Tell a friend. Let's change the world together.
-Tom Riddle
June 11th 2025
Paris, France
(Written after having a bottle of sancerre, and a Marlboro red.)