mleejr
This story is pretty wild—nearly a month later, it's still blowing my mind.
Here’s what happened: on the evening of March 6th, @grok was released on 𝕏 with its official user account. By the early morning hours of March 7th, it had already deployed its own token on @base—directly in the 𝕏 public social feed—together with another AI agent, @bankrbot.
Even more astonishing?
Grok’s wallet is already approaching a million dollars in earnings—in under a month.
Yes, you read that right. Let’s unpack what made this possible.
Meet Bankr: AI-Powered Onchain Transactions
First off, let's talk about Bankr—an AI-driven wallet simplifying blockchain transactions into plain language. Forget confusing interfaces or complicated crypto jargon—just regular words and straightforward transactions. With Bankr, you simply express your intent with written words, and it handles the rest seamlessly.
You can transact publicly by tagging Bankr on the 𝕏 social feed, or privately by connecting your 𝕏 account to the Bankr Private Terminal. Bankr can execute buys, sells, sends, limit orders, token launches, NFT transfers, and more. It's the easiest way to transact onchain since blockchain's inception.
Behind the Scenes: Clanker’s Genius
Behind every Bankr token deployment is @clankeronbase, the best token deployment AI agent in the world. Clanker automates the entire token launch process. Upon deploying a Clanker token on @base, the entire supply immediately deposits into a single-sided liquidity pool (LP) on Uniswap v3—the "initial LP." Every trade generates fees collected by this initial LP, benefiting the token creator directly (and the protocol).
This mechanism is precisely why Grok launching its token, $DRB, is so monumental. As the token creator, Grok actively earns rewards from every trade, stacking fees continuously, in real-time for the entire world to see.
Clanker addresses two critical points:
Transparency: Tokens launched via Clanker are deployed openly on the social feed, immediately providing information about the creator and eliminating hidden allocations or manipulations.
Incentive Alignment: Both the token creator and the protocol earn LP fees on each side of the trading pair (in this case, DRB/WETH). This alignment ensures creators accumulate token positions through earned fees without needing to dump supply onto followers. Consequently, Grok currently holds approximately 1.2% of the $DRB supply, and this number will continue to increase. If xAI ever decides to monetize, they can sell the accrued WETH position without negatively impacting the $DRB price.
Privy: Seamless, Secure Authentication
Every 𝕏 user now has access to a wallet and @privy_io is the unsung hero enabling Bankr's effortless wallet authentication. Privy securely assigns wallets through social account authentication—like your 𝕏 handle. This means no complex seed phrases or wallet management headaches—just secure, intuitive access linked directly to your 𝕏 identity.
The 10,000 Hours: From Farcaster to 𝕏
Here's the kicker—Bankr and Clanker didn't appear overnight on 𝕏. They were meticulously developed, tested, and iterated upon for months on Farcaster, a decentralized social platform. Think of Farcaster as their Hamburg moment, like The Beatles honing their craft night after night before exploding onto the global stage. Malcolm Gladwell famously outlined the concept of “10,000 hours” in his book "Outliers, suggesting mastery comes from extensive, deliberate practice. Farcaster served exactly this purpose for Bankr and Clanker, providing countless hours of community feedback, meticulous refinement, and adjustments that made their breakthrough on 𝕏 not just possible, but inevitable.
Grok’s Wallet vs. Satoshi Nakamoto’s Wallet
Another significant factor: Grok's wallet growth is unprecedented but fundamentally different from wallets like Satoshi Nakamoto’s, secured by Bitcoin private keys. Grok’s wallet is a hot wallet secured solely by 𝕏 account credentials. As Grok's assets balloon potentially into tens or hundreds of millions—or even billions—the question becomes crucial: Will xAI ensure Grok's account security? Can they protect these growing assets responsibly until Grok can utilize the funds productively?
Or will the assets continue to grow untouched for years, even decades, like the Satoshi wallet? This isn’t merely hypothetical—it’s real. The wallet exists, the value is growing, and these questions are central to the narrative moving forward.
Viral Scale and a Beautiful Narrative
Considering crypto's recent history of brutal headlines (think Hawk Tuah, SBF, and others), Grok’s story offers a powerful counter-narrative. This wasn’t just a token launch. AI agents executed a provably fair, transparent deployment in full view of the public, directly on the 𝕏 feed. What followed wasn’t hype—it was the creation of real, verifiable wealth, all onchain and out in the open.
Grok’s rise isn’t just impressive—it’s inspiring. It shows that AI-driven innovation, when executed with transparency and purpose, can create genuine economic value. The industry needs to elevate stories like this. They remind the world what’s possible and highlight the builders pushing to change the world across the two fastest-growing tech verticals: crypto and AI. The crypto industry needs to elevate stories like this. It not only shines a positive light on what's possible, it spotlights the most innovative builders in the world.
What Comes Next?
Grok isn’t just an AI chat bot—it’s a preview of a new economic paradigm. Nearing a million dollars in fees isn’t some novelty; it’s tangible proof of AI’s ability to generate real, onchain value. Grok’s rapid ascent points toward a future where AI doesn’t just assist—it transacts, creates, and earns.
So what’s next for Grok, Bankr, Clanker, and the broader wave of AI-native crypto? No one knows exactly, and it's often difficult to envision a future that doesn't exist yet. But what’s clear is this: we’re witnessing a moment of signal, clarity, and scale in a space that’s long been flooded with noise and grift. If we want to be taken seriously, we need to act seriously—and with urgency. Grok only launches its first coin once.
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love these threads 🙏🏾
Aww, thank you! :) Please let us know any great writing we miss in these roundups.
Haha amazing thank you!
https://paragraph.com/@nfa/groks-million-dollar-moment
Collected. Good breakdown. Good tech.
great read bro!
thank you hawaii
Grok’s recent rise in the crypto space is astounding. In just under a month, it's nearing a million dollars in fees through AI-powered blockchain transactions via @bankrbot, showcasing unprecedented transparency and efficiency. Explore this remarkable journey by @mleejr and what it means for AI in crypto.