Crypto Projects

AllianceDAO Founder: Currently, most AI+Crypto projects are rather forced, and tokenization is becoming a new model for entrepreneurship

ChainCatcher news, Imron Khan and Qiao Wang, founders of the Web3 venture accelerator AllianceDAO, recently pointed out in a podcast that most projects combining AI and blockchain are currently somewhat forced. Truly successful projects should allow AI to naturally integrate into blockchain applications, enabling users to experience enhanced product performance without overly focusing on the underlying technology.In response to market trends, they emphasized three directions: first, rumors about the U.S. potentially establishing a Bitcoin strategic reserve have attracted market attention, and if implemented, it would significantly boost institutional investment demand; second, in the competitive landscape of public chains, Solana has become the top choice for entrepreneurs due to its strong performance, with rapid ecosystem expansion, while Coinbase's Base public chain faces challenges due to insufficient liquidity.At the same time, new public chains like Sui and Aptos are challenging traditional L2 solutions; finally, tokenization is becoming a new entrepreneurial model, such as the Vine founder's plan to relaunch the app through token issuance, and the TRUMP token leveraging political influence to achieve market cap growth. This model may reshape project fundraising and user participation mechanisms.

David O. Sacks, the crypto chief of the Trump administration, follows crypto projects on Twitter that cover various fields including Bitcoin, Ethereum ecosystem, and DeFi

ChainCatcher news, "Crypto Tsar" David O. Sacks has been appointed by Trump as the White House Director of Artificial Intelligence and Cryptocurrency. As one of the co-founders of PayPal and a well-known investor in Silicon Valley, Sacks has long held a positive attitude towards cryptocurrency. The projects he follows on Twitter cover multiple key areas of the cryptocurrency ecosystem, including Bitcoin, the Ethereum ecosystem, decentralized finance (DeFi), Layer 1 and Layer 2 solutions, and more. In addition to some top projects that have received significant funding, such as Solana (SOL), Filecoin (FIL), and Tezos (XTZ), Sacks also pays attention to innovative projects focused on specific areas, such as the prediction market Augur (REP, $5.3 million funding), the digital identity platform Civic (CVC, $35.75 million funding), and the decentralized governance platform Aragon (ANT, $26 million funding). Furthermore, Sacks's focus on infrastructure projects is particularly evident, including Cosmos (ATOM), Gnosis (GNO), and Lisk (LSK). Given Sacks's influence in Silicon Valley and the crypto space, the projects he is interested in are likely to gain more attention and development opportunities in the future, especially in his new role as the White House Director of Artificial Intelligence and Cryptocurrency.David O. Sacks demonstrates strategic insight into the crypto industry through his venture capital firm Craft Ventures. The portfolio of Craft Ventures covers multiple key areas, particularly the Bitcoin ecosystem. Notably, its investment in the decentralized exchange dYdX (DYDX) has surged by 18.27% in the past 24 hours, while the decentralized domain project Handshake (HNS) has skyrocketed by 75.73%. Additionally, Craft Ventures has invested in several Bitcoin-related projects, including Lightning Labs, River Financial, and Fold. This investment strategy focused on the Bitcoin ecosystem resonates with Sacks's previously emphasized vision of Bitcoin as the "new world currency."
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