Entrepreneurs

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.

Oak Grove Ventures co-founder Shawn: Many entrepreneurs are "specialized students," and our core competitiveness is helping projects from an industry-wide perspective

ChainCatcher news, at the Oak Grove Crypto 2024 held on April 5, Oak Grove Ventures co-founder Shawn detailed the establishment and philosophy of Oak Grove Ventures in his opening speech. His team consists of professionals from well-known institutions such as NGC, GSR Ventures, Coinbase, and Google.Shawn mentioned that Oak Grove Ventures currently has a fund size of 60 million USD, and its difference from traditional funds lies in being more professional, more flexible, and faster. Many entrepreneurs in the industry currently have a "偏科" situation, "excelling in only one subject while completely unaware that they need to study another ten subjects," lacking a holistic perspective. Good entrepreneurs need to find a good team to handle financing, marketing, branding, internationalization, listing on exchanges, market cap management, community building, ecosystem development, and long-term operations and planning, among other things. Since the Oak Grove Ventures fund is composed entirely of professionals, it will act from a more professional perspective of the entire industry, possessing a stronger viewpoint to complete the entrepreneurial process.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to gather elite individuals in the Web3 field to discuss and anticipate the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1,000 industry elites, including innovation leaders, technical experts, and industry investors. They will engage in in-depth discussions on hot topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.
2024-04-05
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