Have you noticed an interesting phenomenon? AI has evolved from pure memes like GOAT to chat-enabled AI agents, then to on-chain funds like ai16z, and now to new asset issuance platforms like Virtual and Spore. Each step is getting closer to application, and all of this has occurred within two months.

This round of on-chain market sentiment is no longer just a meme; it is essentially a new "application project" that bypasses exchanges and VCs, directly issuing new assets on-chain. This results in a low opening price, providing everyone with an early opportunity to participate and earn money, while also accumulating a large number of users and loyal communities during the rising process.

This is essentially a redistribution of interests, reallocating money that would have gone to VCs and exchanges to retail investors. This round of altcoin surge will not happen within CEX exchanges; the current on-chain environment marks the beginning of the 2020 altcoin explosion season, where opportunities abound.

For project teams, having a good idea and quickly producing a product MVP no longer requires catering to VCs and scrambling for resources to pay tolls to exchanges. They can simply bring it out to stroll on-chain; if the market buys in, it takes off; if not, it cools down. The iterative speed of the AI track on-chain during these two months has also shown you which model is most beneficial for industry development.