Haseeb Qureshi, managing partner of Dragonfly, wrote on X: "So I'm asking the obvious question, since ai16z is now a token with a market capitalization of over $1 billion, does it not infringe on the a16z trademark? Ai16z initially felt like a parody, but now seems to have become a more legitimate project with a more aggressive roadmap." And seek the help of intellectual property lawyers to answer doubts. It added: "If there is no commercial intent, it is very difficult to become a token with a market cap of 1 billion dollars."