This story is pretty wildānearly a month later, it's still blowing my mind.
Hereās what happened: on the evening of March 6th, @grok was released on š with its official user account. By the early morning hours of March 7th, it had already deployed its own token on @baseādirectly in the š public social feedātogether with another AI agent, @bankrbot.
Even more astonishing?
Grokās wallet is already approaching a million dollars in earningsāin under a month.
Yes, you read that right. Letās unpack what made this possible.
Meet Bankr: AI-Powered Onchain Transactions
First off, let's talk about Bankrāan AI-driven wallet simplifying blockchain transactions into plain language. Forget confusing interfaces or complicated crypto jargonājust 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 š social feed, or privately by connecting your š 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: Clankerās 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 v3āthe "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 š 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 authenticationālike your š handle. This means no complex seed phrases or wallet management headachesājust secure, intuitive access linked directly to your š identity.
The 10,000 Hours: From Farcaster to š
Here's the kickerāBankr and Clanker didn't appear overnight on š. 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 ā10,000 hoursā 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 š not just possible, but inevitable.
Grokās Wallet vs. Satoshi Nakamotoās Wallet
Another significant factor: Grok's wallet growth is unprecedented but fundamentally different from wallets like Satoshi Nakamotoās, secured by Bitcoin private keys. Grokās wallet is a hot wallet secured solely by š account credentials. As Grok's assets balloon potentially into tens or hundreds of millionsāor even billionsāthe 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 isnāt merely hypotheticalāitās 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), Grokās story offers a powerful counter-narrative. This wasnāt just a token launch. AI agents executed a provably fair, transparent deployment in full view of the public, directly on the š feed. What followed wasnāt hypeāit was the creation of real, verifiable wealth, all onchain and out in the open.
Grokās rise isnāt just impressiveāitās 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 whatās 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 isnāt just an AI chat botāitās a preview of a new economic paradigm. Nearing a million dollars in fees isnāt some novelty; itās tangible proof of AIās ability to generate real, onchain value. Grokās rapid ascent points toward a future where AI doesnāt just assistāit transacts, creates, and earns.
So whatās 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 whatās clear is this: weāre witnessing a moment of signal, clarity, and scale in a space thatās long been flooded with noise and grift. If we want to be taken seriously, we need to act seriouslyāand with urgency. Grok only launches its first coin once.

Looking for something good to read? Here's some great writing over the past week or so...
@austin-hurwitz argues that traditional intellectual property enforcement is crumbling in the face of AI and remix culture, and creators should embrace collaborative, data-driven ecosystems to build enduring value. "In a world where everything is derivative and everything is a remix, the winners wonāt be those with the most aggressive legal teams." https://paragraph.com/@onebigidea/ip-is-dead
@bobhale critiques the growing absurdities of modern economic systems, arguing that the rise of installment-based consumption, big tech dominance, and eroding ownership reflect a shift from capitalism to a dystopian, digital form of techno-feudalism. "Maybe we should name it Capitalism+, as if it is a subscription service in itself." https://paragraph.com/@technocrap/klarna,-capitalism-and-feudalism
@epr argues that while AI wonāt eliminate entry-level jobs, it will erode mid-level roles, forcing junior employees to take on greater responsibilities without adequate support or training. "AI doesnāt eliminate the need for training. It just raises the baseline for what āentry-levelā looks like, without updating the systems that help people get there." https://blog.epr.net/ai-wont-kill-entry-level-jobs
love these threads šš¾
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
Grokās 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.