What is AIGOV (OLIVIA)?

Deep Dive

1. Purpose & value proposition

AIGOV positions OLIVIA as both a meme coin and governance token for its AI-powered political platform. The project:
- Gathers policy ideas via X/Twitter and forums
- Uses AI ("Olivia") to synthesize proposals tested against economic/social models
- Submits blockchain-verified proposals to Congress (AIGOV)

However, its May 2025 launch as a Solana meme coin with $14.9M initial cap (CoinMarketCap) creates identity tension between governance utility and speculative asset.

2. Technology & architecture

Built on Solana for speed, the system:
- Processes real-time social media inputs through AI moderation
- Stores policy support metrics on-chain for transparency
- Uses token burns (deflationary model) to incentivize holding

No smart contract audits or technical documentation are publicly available, raising questions about system integrity.

3. Tokenomics & governance

• Supply: 674M circulating (73% of 929M total)
• Utility: Voting on policy direction, premium chat access with AI
• Burns: Transaction fee burns theoretically increase scarcity

Price action tells a conflicted story – while 24h volume hit $1.07M (1915% spike), 90d -95% drop suggests weak holder conviction. The 2.52 turnover ratio indicates thin liquidity.

Conclusion

AIGOV attempts to bridge meme culture with political reform but lacks substance behind its governance claims. While the AI/blockchain governance model is novel, OLIVIA’s extreme volatility and absence of legislative traction make it high-risk.

What measurable policy impacts has AIGOV achieved since launch that could justify long-term token value?