On November 19th, Shaw, a partner at ai16z, posted on social media stating, "What you're actually buying is a token intentionally named after us by the creators to deceive you. It deceived our own partners and developers into thinking it was our partner's token. Many people came to our Discord discussing 'ai16zeliza' without realizing it's not ours.

I didn't call that token a scam, that was out of goodwill. I will honor the airdrop of your scam token because I said I would, but the behavior of many of you really doesn't deserve it."