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AIGC+Web3: The once booming VR+AI+Blockchain is igniting the entrepreneurial frenzy again.
The Current Hottest Tech Startup Tracks: AIGC and Web3
AIGC and Web3 are currently the hottest tech startup tracks. Six years ago, blockchain, artificial intelligence, and VR were also hot spots for entrepreneurship. As an entrepreneur who keeps up with the trends of the times, Adam Zheng( participated in these two waves of entrepreneurial enthusiasm.
VR + AI + Blockchain Attempts
In February 2014, ObEN was established in California, USA, with Zheng Yi serving as COO. ObEN focuses on creating VR virtual avatars and has obtained multiple rounds of financing, with investors including well-known institutions such as Tencent and SoftBank.
In October 2017, the ProjectPAI white paper was released. ProjectPAI is a public chain based on a Bitcoin fork, aiming to combine artificial intelligence with blockchain. ProjectPAI raised approximately 1 billion RMB through private placements, far exceeding the total equity financing of ObEN over the years.
In June 2018, the PAI token skyrocketed by 500% shortly after it was listed on exchanges. However, it began to decline continuously and ultimately went to zero in November 2022. The ProjectPAI blockchain also ceased operations.
![Blockchain projects hitting zero, can AIGC Chain help "big cuts" turn around and become the big boss?])https://img-cdn.gateio.im/webp-social/moments-041d789f6458c42af33c08c8e127048a.webp(
Some Controversies in Project Operations
There are some controversies regarding the operating methods of ProjectPAI:
Attracting investors by leveraging ObEN's reputation, but the relationship between the two is ambiguous.
Backed by well-known institutions investing in ObEN, such as Tencent and SoftBank.
Please invite Bitcoin core developers to the stage, but there is no relevant experience in their LinkedIn resume.
KOLs promote heavily, but they may be cashing out behind the scenes.
While raising awareness, avoid discussing issues related to the price of the currency.
Frequently appearing on various platforms to showcase project progress
Despite this, ProjectPAI ultimately ended in failure.
![Blockchain projects hitting zero, can AIGC Chain help "great cut" turn around and become the big brother?])https://img-cdn.gateio.im/webp-social/moments-260568beb587dd5f54c4243eeeee9b62.webp(
Fight Again AIGC + Web3
In 2023, AIGC became the hottest track in the tech circle. To quickly obtain financing, Zheng Yi once again combined AIGC with Web3 and launched the AIGC Chain project.
AIGC Chain adopts an operating model similar to Project PAI:
Please invite the co-founder of Stable Diffusion to the stage.
Position ObEN as a partner
Under the banner of foreign projects, actually mainly targeting domestic investors
Borrowing the reputation of ObEN's investors
A large number of KOLs promote under the banner of "Stability AI Investment"
The AIGC Chain plans to issue fungible tokens and NFTs. Its NFT project Metanaut has a total of 60,000, and if all are sold, it will bring approximately $2.16 million in revenue to the project party.
We look forward to the future development of this project.
![Will AIGC Chain help the "big cut" rise from zero to become the boss in the blockchain project?])https://img-cdn.gateio.im/webp-social/moments-40a56585ceeda7e4ac8f90fe570b07a8.webp(