According to Ai 姨, the $ELIZA token, recently launched by ai16z founder Shaw, is said to represent a real person and is not affiliated with ai16z. Shaw announced that 10% of the tokens will be distributed to holders of eliza on a snapshot platform. The rapid rise of ELIZA has significantly drained $ai16z, causing its value to drop by 42% since the new token's launch, leaving its current market capitalization at $289 million.