Original author: Haotian
Reprinted: Lawrence, Mars Finance
Explain why 'the environment has changed'? Essentially, the wave of AI Agent hype is a major reshuffle of the previously rigid Crypto system.
From infrastructure stacking -> AI Agent application pre-positioning?
In the past, delivering a public chain required a long cultivation period of 1-3 years. After completing the roadmap and TGE, many found that user and application ecosystems were difficult to match market expected values, leading to many infrastructures that deviated from actual market needs.
In the future, regardless of the project, let the AI Agent application run on-chain first, allowing the functions, performance, and experience of the AI Agent to verify the technical foundation of the chain infrastructure. Use application pre-positioning to validate market demand, avoiding bringing solutions without practical applications.
From VC funding rounds -> Community MEME-style launches?
In the past, VC capital drove the birth of top-tier projects. The information monopoly in the primary market led to an increasingly narrow profit space in the secondary market, causing Western and Eastern capital to not take over from each other, leading to many issues, such as VC and exchanges forming pools, tokens being listed with high FDV and declining continuously.
In the future, projects will be built in the form of open-source Public Good, with no white papers in the short term but having a Github open-source repository, no roadmap but visible product applications, directly financing in the secondary market, allowing AI Agents to autonomously manage assets, using the continuous growth of asset pools and holders to bring greater imagination space to the project. Early builders only need to continuously empower the project.
From grabbing airdrops -> Partner co-construction?
In the past, project parties usually offered a certain percentage of airdrops to acquire early users and traffic. Users continuously contributed gas and time to grab airdrops, but this led to either a 'witch community' culture where people profit and escape, putting operational pressure on projects, or a long-term PUA situation where many grabbers were not rewarded or were left waiting, leading to inevitable contradictions and conflicts, resulting in a lose-lose situation.
In the future, project parties will open their markets using MEME-style secondary approaches, designing tokenomics suitable for sustained growth (LP fees, trading taxes, reserved share releases, etc.). In this process, community users are both early investors and ongoing co-builders of expanded community consensus. Ultimately, those who run alongside the project will generally profit, achieving a win-win situation.
From CEX listing finale -> On-chain DEX dominance?
In the past, most projects at the DEX stage had low circulation and low user base. Only through tokenomics design, continuous community reputation and growth, and resource 'mixing' could they obtain a ticket to CEX. Under heavy pressure, some projects would lie flat after TGE.
In the future, most projects will choose to continuously build during the DEX stage. On-chain DEX will carry most of the market liquidity. Although on-chain prosperity may present a 'chaotic era', high-quality project parties have a greater chance of 'grassroots counterattacks' without being buried under the old CEX narrative, gradually tending towards DEX as the main focus, with CEX existing only as a supplement to liquidity.
From entrepreneurs 'not speaking human language' -> Founders 'laughing and scolding'?
The past market was highly competitive, with many projects, resulting in a vast gap between top and bottom projects. After the top project founders succeeded, they began to engage in abstract pursuits, doing philanthropy and charity, heavily influenced by Islamic values.
Future project parties, if they do not integrate with the community and do not consistently focus on product development, will find it very difficult to gain traction in the market and ecosystem. The new market operating rules will force founders to be at the forefront, 'laughing and scolding', although this may invite criticism, a 'real' dev image is always better than a lofty 'entrepreneur'? At least from the perspective of retail investors.
Note: The above transformation and reshuffle are not absolute, nor will they happen overnight. It is more likely to derive a mix of various models and tactics, and there will likely be problems in the early stages, but regardless, it is a ray of hope to break through the rigid existing system.