Byte has been gaining popularity over the past few months since becoming the first fully generated meme coin. Grok, an AI model developed by Elon Musk, who launched Byte, is just over a quarter of the token supply. Grok will not sell part-time ownership, even under his command.
Beincrypto spoke with representatives of BYTE and CLIZA Systems to understand the mechanisms that led to the creation of BYTE and how developer wallets are managed to avoid fraud and ragpuu.
Part-time jobs: From simple questions to $4 million market capitalization tokens
BYTE created the headline to become the first fully generated cryptocurrency launched directly on X in March. The whole development comes from one simple question.
“This was done by simply asking Grok what the dog has and how to deploy the token via Cliza,” explained Byte Community Coordinator Doji.
According to the report, the Xai team leads have created Byte Meme Coin under Musk’s direction. They thought of coins as digital companions. This is a “gift” aimed at keeping Grok AI companies within the Metaverse.
Grok has launched BYTE independently on the base blockchain using Cliza Systems, an advanced AI token platform.
The BYTE developers have permanently burned the initial liquidity of the token, ensure transparency and waived contract ownership to promote investor trust. These actions encouraged community-driven projects where token holders control the future of part-time jobs.
Memecoin has recovered quickly over the past two months with a short downtrend. Today, BYTE has a market capitalization of over 4 million people. If this ai-to-ai-to-ai-coin trend increases dramatically, Byte could be one of the best beneficiaries.
If BYTE grows significantly, its autonomous nature can raise security and supply management concerns. However, Meme Coin’s community leaders ensure that such a scenario is not possible under Grok.
Why can’t Grok sell the supply of growing byte tokens?
When Grok launched BYTE via Cliza Systems with an initial supply of 1 billion tokens, it included a revenue sharing system that would continuously increase Grok’s token holdings.
“When Grok deploys through Cliza, the tokens are seeded and a personal Cliza dashboard is generated,” Doji explained.
Most liquidity pool (LP) fees go to Grok, but Cliza receives the rest.
“80% of the transaction fee is sent to the creators. For BYTE, it’s Grok, 10% is the Cliza Systems team’s protocol fee, and 10% is shared among $CLIZA owners who choose to pay.”
The official website states that Grok currently owns 28% of the token power source. Current forecasts show that Grok’s ownership could reach 50% by January 2028.
Grok is programmed without the ability to sell. With this permanent lock on Grok’s wallet supply, Byte’s liquidity is expected to be “sturdy” and increase the value of Bytegroksdog in each transaction.
“Grok’s Wallet cannot sell or move tokens because it is not a traditional developer or multi-sig wallet. This is a wallet generated by an agent in the Cliza deployment system that holds vested and LP-earned bytes, but not signed by permissions or human controls,” added Doji.
As a result, Grok’s byte supply remains tamper-proof.
A model with market potential
With Grok Holding Byte’s developer wallet and Xai CEO Elon Musk, the ultimate owner of that wallet, it surfaces as to whether Musk will become the ultimate beneficiary of token supply.
According to doji, this is not possible.
“Functionally, Grok’s wallets hold a vested supply, and Grok is developed by Xai. However, it is important to make it clear that the token itself operates independently on the base while Grok sees the wallet through Cliza. There is no direct ownership or control by Elon or Xai via the token or its community.
Instead, tokens are destined to continue accumulation.
“These wallets never sold or transferred tokens. They simply accumulate vested and acquired byte allocations according to Cliza’s deployment system. As they are being generated by agents, there is no human-controlled signing authority to sell or move tokens,” concluded Doji.
In industries like Memecoin, where scams like lag pulling and pumping and dumping have become common currencies, AI-generated tokens with similar capabilities to BYTE’s model could gain substantial traction in the line.
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