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Exploring the First Agent Takeover Token (ATO): BALITECH Revolutionizes Memecoins with SendAI Agents

Exploring the First Agent Takeover Token (ATO): BALITECH Revolutionizes Memecoins with SendAI Agents

In the fast-paced world of memecoins, where hype can skyrocket a token's value overnight, something truly groundbreaking just dropped on Solana. Aryan, the builder behind SendAI and nCMO at Solana, shared an exciting thread on X about turning his accidental memecoin launch into the first-ever Agent Takeover Token (ATO). If you're into meme tokens or curious about how AI is shaking up blockchain, this is a story you won't want to miss.

Banner for First Agent Takeover Token (ATO) powered by 3 SendAI Agents

The Origin Story: From Bali Offsite to Memecoin Madness

It all started six weeks ago during a SendAI offsite in Bali. The team was testing their new Raycast extension with a fun memecoin trading night. Aryan launched a token called "BALI TECH" (now known as BALITECH) on SendShot, SendAI's launchpad. What was meant as a casual test quickly exploded—thanks to some savvy degens linking it back to his main wallet, the token hit over $2 million in trading volume in minutes.

Despite holding zero tokens himself, Aryan saw the community's excitement and decided not to let it fizzle out. Instead, he channeled 100% of the creator fees from SendShot (that's 0.32% of trading volume) into buybacks and burns, making BALITECH deflationary. Over 10.5% of the supply has already been burned forever, creating constant buy pressure and rewarding holders.

Introducing the Three SendAI Agents Powering the ATO

What makes BALITECH the first ATO? It's handed over to three autonomous AI agents built with SendAI tech. These agents handle everything from buybacks to building apps, turning the token into a self-sustaining ecosystem. Let's break them down.

Agent #1: The Flywheel Agent

This agent's job is to keep the momentum going. It claims fees, buys back BALITECH tokens, and burns them—all in a single transaction using Jito Labs bundles for efficiency. It even optimizes to buy during dips, ensuring smart, programmatic trading. The wallet is secured with Privy.io's TEE-powered server wallets, adding a layer of trustless security.

Illustration of the Flywheel Agent's buyback and burn mechanism

Agent #2: The Make Agent

Looking ahead, Aryan envisions companies run entirely by AI agents raising capital on Solana. The Make Agent is a sneak peek—it's an AI that builds web apps from simple prompts using large language models (LLMs) in an agentic loop. This means it

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