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Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.

Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform. Read our risk summary for qualifying crypto assets.

ELIZAOS Describes Itself As

elizaOS an open-source TypeScript framework (dubbed an "agentic operating system") for building autonomous AI agents. It allows developers to create agents with unique, persistent personalities that can think, learn, and act independently toward their goals. The platform is geared toward developers and AI builders (reflected in its “by developers, for developers” ethos) who want to embed intelligent, personality-driven agents into applications.

Project Function

 

  • Persistent Personalities & Goals: Agents are defined via character files, giving each a unique persona and objectives that persist over time.
  • Extensive Plugin Ecosystem: The framework comes with 90+ official plugins that equip agents to take actions in the real world. Plugins span social platforms (Discord, Twitter/X, Telegram, etc.), blockchains (Ethereum, Solana, Base, BNB Chain, etc.), AI/LLM providers (OpenAI, Anthropic, etc.), DeFi protocols (trading, lending, yield farming), content creation (image/video generation, music), data analysis (web scraping, databases), and more.
  • Natural Language Action Chaining: Agents can interpret natural language commands and trigger complex action sequences in response.
  • Autonomy with Memory: elizaOS agents maintain a persistent memory store. They log and recall interactions, enabling them to learn from experience and adjust their behavior or strategies over time (improving responses, refining strategies based on outcomes, etc.).
  • Decentralized Credit Lines and Loans: Building on the trust score, Avici’s roadmap includes offering under-collateralized loans (unsecured or partially secured credit) through the platform.

Token Utility 

The native token ELIZAOS (previously AI16Z) is central to the platform’s ecosystem and economy. 

  • Ecosystem Funding and Incentives: ELIZAOS is used to support ecosystem growth, providing resources for liquidity and developer incentives. A portion of the token supply is allocated to a structured treasury and foundation, ensuring funds to bootstrap liquidity pools, reward contributors, and finance future development initiatives.
  • Medium of Exchange within Agent Economy: The token serves as the functional currency for agent-driven operations in the elizaOS ecosystem. In practice, autonomous agents use ELIZAOS to transact value and execute DeFi-related tasks on-chain.
  • Potential Governance Role: Although not yet implemented as of the latest updates, the token is expected to have a governance function in the future. The team has indicated that ELIZAOS holders may eventually be able to participate in decentralized governance processes – for instance, voting on protocol upgrades, approving new applications or parameters within the ecosystem.

About The Founders

Shaw Walters (Founder of elizaOS) – Prior to elizaOS, Shaw was a self-taught developer, learning smart contract development and getting involved with on-chain identity and wallets. His interest in AI began around the time of the early GPT (pre-ChatGPT) era. He joined a small testing group for GPT-3 and started working on AI agents—initially virtual characters, then shifting toward more autonomous, blockchain-integrated systems. He founded ElizaOS as an open-source framework to build, deploy and manage autonomous AI agents that integrate with blockchain/web3 systems. The project originally launched as “AI16Z” (in October 2024) on Solana and functioned as a decentralized AI‐powered investor fund, before rebranding to ElizaOS in January 2025 to avoid confusion with the venture capital firm (a16z).

Risks of ELIZAOS

Like an investment in other crypto ELIZAOSs, there are some general risks to investing in ELIZAOS. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto ELIZAOSs and Uphold’s platform, please refer to the Risks Specific to Holding Digital ELIZAOSs statement.

In addition to these general risks, an investment in ELIZAOS is subject to the following specific risks:

  • ELIZAOS operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks. 

We emphasize that this Crypto ELIZAOS Statement is not an exhaustive description or summary of all risks associated with ELIZAOS. Investors should conduct their own research and perform their own assessment before trading any crypto ELIZAOS to determine the appropriate level of risk for their personal circumstances.

The ELIZAOS community and elizaOS founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of ELIZAOS have no recourse to the ELIZAOS community, elizaOS founding team, or Uphold if ELIZAOS declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto ELIZAOSs, and such changes may be sudden and without notice.

Uphold’s Evaluation Process

Prior to listing ELIZAOS on the Uphold Platform, Uphold performed due diligence on ELIZAOS and determined that ELIZAOS is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of ELIZAOS, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of ELIZAOS.
  • Any marketing materials put forward by the ELIZAOS social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with ELIZAOS, including any code defects, security breaches and other threats concerning ELIZAOS and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with ELIZAOS, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of ELIZAOS.

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