👇👇 Insights on ai16z and degenai
Currently, many people are discussing ai16z and degenai, and here I would like to share my perspective.
ai16z is an open-ended fund that can be redeemed at any time, while degenai is a project funded by ai16z. The two are closely related, but they are not in the same competitive category.
Specifically, ai16z belongs to the daovc or on-chain fund category and is in a leading position within this category.
The purpose of its founders' forwarding is to further expand the scale of the fund. In the field of open-ended funds, it is quite common for the scale to exceed tens of billions, and many projects will airdrop to ai16z, which will undoubtedly drive up its market value, which is also the reason why its market value can reach 60m.
degenai belongs to the AI category, and given the current situation, it has the opportunity to compete for the second position in this category.
In summary, in my opinion, the value of ai16z is clearly underestimated. To explain what the open-ended fund ai16z is in a simple and easy-to-understand way? A detailed introduction to the degenai project