The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT - Ep. 725
51:01 Share

Subscribe to our new regulatory newsletter Unregulated: https://unchainedcrypto.substack.com/s/unregulated

The two-week-old GOAT memecoin, which hit a market cap of almost $880 million on Thursday, is captivating everyone in crypto. Not because this is memecoin szn, but because its rise was fueled by an AI called Truth Terminal, which is itself a baby of two other AI models. 

Teng Yan, founder of Chain of Thought, joins Unchained to break down how this unexpected AI creation has turned into a phenomenon, why it has captured the attention of the crypto world, and what the future holds for AI-driven tokens. 

At the end, Laura also discusses with Unchained’s regulatory reporter Veronica Irwin two interesting and important news stories: who Kamala Harris is vetting for SEC chair and how one Senate race could inadvertently give Senator Elizabeth Warren more power over crypto. 

Show highlights:

• How an AI experiment unexpectedly led to the creation of GOAT and sparked interest in AI-generated subcultures

• How "Terminal of Truth" evolved its own personality, gained attention from Marc Andreessen, and began posting about a new "Goat Sea gospel" religion

• How the spelling mistake sparked skepticism about the AI model

• What happened with the $50,000 in BTC that Marc Andreessen gave to Truth Terminal

• Whether an AI can have its own wallet and what the implications are 

• Whether AI memecoins could start surging on other chains

• What we can expect in terms of the proliferation of AI memecoins

• What the future looks like for the intersection of crypto and AI

• Who Kamala Harris is considering for SEC Chair if she wins the U.S. election

• Why one Senate race could give Elizabeth Warren more power over crypto

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

• Polkadot)

• Mantle’s FBTC)

Guest

- Teng Yan), Founder of Chain of Thought

Teng’s article: GOAT: The Gospel of Goatse) 

Links

• Previous coverage of Unchained on GOAT:

• GOAT Hits a Record $879 Million Market Cap After Brian Armstrong Offers to Help Truth Terminal)

• GOAT: How AI Agents Talking Turned Into a $268 Million Memecoin 'Religion')

• Infinite backrooms)

• Andy : https://x.com/AndyAyrey)

• Andy Ayrey's (creator of Truth Terminal) research paper) on LLMtheism: 

• Truth Terminal's X account) 

• Kaito: GOAT’s mindshare)

**Timestamps: **

• 00:00 Intro

• 01:28 How an AI experiment led to the creation of GOAT

• 06:16 The rise of “Terminal of Truth” and its unexpected evolution

• 11:57 How a simple spelling mistake raised skepticism

• 20:09 What happened to the $50,000 in BTC from Marc Andreessen?

• 21:06 Whether AI models can have their own wallets

• 24:17 Whether AI memecoins will surge on other chains

• 26:19 What’s next for the rise of AI memecoins

• 28:35 The future of AI and crypto’s intersection

• 31:39 Who Kamala Harris may consider for SEC Chair

• 34:12 How one Senate race could boost Elizabeth Warren’s power over crypto

• 40:33 News Recap

Learn more about your ad choices. Visit megaphone.fm/adchoices)