The Bull Case for $AUKI

Auki is sitting right at the intersection of crypto, AI and robotics. Their potential is huge, but almost nobody is paying attention yet.

I started out my research of Auki by writing a screening. But it’s such an interesting project that it deserves a deeper dive.

So here is my bull case for Auki, originally posted as a thread on X.

Let’s dive in!

The Posemesh: Collaborative Spatial Computing

So, what makes Auki interesting?

In three words: collaborative spatial computing.

Let’s unpack that.

Collaborative spacial computing is the core technology that will connect machine intelligence to the physical world, and it’s going to be an enormous market.

At the heart of this is Auki’s posemesh protocol, a digital 3D map of physical space. Think of it as the digital twin of the analog world, which lets machines understand everything that’s going on around them, so that they can navigate, observe, analyze, and collaborate. This is the missing piece that AI and intelligent robots need in order to step out into the real world and actually make our everyday lives easier.

There are so many ways this technology could be applied. For example it’s already being used to help supermarkets track inventory, to guide visitors around events, and for augmented-reality games. But this is only the tiny tiny beginning — it’s still so early that most use cases haven’t even been discovered yet.

I know, ChatGPT is getting all the hype right now. But making AI understand the real world like this, that’s the big unlock that will bring on the next 10x growth in global productivity over the coming decades.

This is a huge market opportunity, and Auki is right at the epicenter of it.

$AUKI: A Deflationary Burn-and-Mint Token

Auki is building their posemesh network as a DePIN — a collaborative global network that is both owned and operated by the people, for the people — all glued together by the $AUKI token.

It’s the standard DePIN setup: customers buy access to the network using $AUKI tokens, and then some of those tokens are used to reward the hardware providers for their contribution. There’s a small twist to it though, because each time a customer pays for access, some of the tokens are burnt. This creates a so called deflationary burn-and-mint, which makes the token capture value: the more the network is used, the more $AUKI will be bought and burnt.

This connection between real-world usage and token demand is exactly what you want to see in a sustainable token model.

Good Leadership, Good Community

Auki is headquartered in Hong Kong, with team members spread out all across the world.

The team is led by co-founder and CEO Nils Pihl (@broodsugar). I’m impressed by his deep insights, but even more by his communication skills. He’s very good at using simple language and metaphors to really get the point across. I’ve watched a bunch of his presentations and interviews over the past couple of weeks, and that helped me not only understand Auki, but also the wider future of robotics and AI. He’s definitely a person you should follow.

Another thing I like about the team is that they’re extremely good at building out in the open, with weekly community updates covering everything that’s going on.

Many crypto projects don’t understand how important community is in the crypto world, but Auki clearly does.

Add the Chart to Your Watchlist

Chart-wise, $AUKI has definitely been hurt by the altcoin bear market. Right now it’s sitting at a market cap of $20M (fully diluted $50M), with no signs yet that the bottom is in.

That’s not a bad thing though, because it means you are early - whenever this chart does bottom out and starts trending up again, that will be a fantastic opportunity to be really early into something that could get really really big.

Until that happens, just keep watching the chart. I’ve added it to my TradingView watchlist, and I’ll post updates on my X account whenever something interesting happens in it.

A Project Close to My Heart

That concludes this post on Auki. I’ve only scratched the surface here, but I hope it was enough to give you a sense of the potential here.

On a personal note, Auki is the kind of project that lies very close to my heart. They’re building civilization-scale, next-generation infrastructure, owned and operated by the people, for the people. This is what crypto is all about, and why I fell in love with the space over 10 years ago.

If you’ve read this far, good job! You have what it takes to make it in crypto. Follow me for more content like this, and definitely go give @Auki a follow on X to stay up to date with what they’re doing.

Day out.