Since its launch, Virtual's Genesis Launches platform has always had a good reputation. Basically, most of the projects that have been successfully launched are still relatively reliable so far, and have also brought good returns to participants.
Recently, this launch platform has seen a very popular project: BurnieAI.
How popular is this project?
At the time of launch, the subscription rate reached 1696%, which means 16 times oversubscription. After the launch, the project's opening price rose by up to 40 times.
The general situation of the project is as follows:
This is a project that uses AI to evaluate code quality. In addition to evaluating code, the project also introduces popular methods such as entertainment and attention into code writing, evaluation and competition, and helps engineers write code and improve quality through various relaxed and humorous methods.
Members of the project team are well-known practitioners in the industry, and have a certain reputation and popularity in Ethereum hackathons and Virtual hackathons.
In terms of Tongzheng Economy, the project promises to use 40% of its revenue for token repurchase and destruction.
In addition, this project has a rare feature that is rare in other projects: before the platform was put on the financing platform (according to some online data), there were already nearly 5,000 users using this AI agent.
From the introduction of the project, I think the fact that the project already has a certain number of users is a big plus.
This reminds me of some of Zhu Xiaohu's views on AI investment that I saw some time ago.
He mentioned that investing in AI projects now focuses on whether the project already has a certain number of real users and whether there is real demand.
When criticizing the current craze for humanoid robots, he said: Buying a bunch of robots is not to make them dance, that is not a real demand; if robots can solve some specific problems of humans and meet specific needs, then there will be real users.
It feels to me that this increasingly pragmatic investment style and project evaluation style are now accelerating the penetration into the AI + Crypto field. In the future AI + Crypto ecosystem, projects that can focus on solving a specific problem, even a problem in a niche field, may be more favored by investors than projects that only talk about lofty ideals.
On the other hand, the niche field "code quality detection" that this project focuses on seems to be closely related to the current hot "AI programming" in the AI field.
Recently, AI programming has attracted much attention in the industry.
For example, OpenAI recently announced that it will spend $3 billion to acquire AI programming startup Windsurf. OpenAI's purpose in acquiring this company is not to count its users but to obtain the massive amount of data generated by human-computer interaction. These data can be used to train OpenAI's models.
Perhaps hitting this hot spot is also the reason why this project can trigger so many users to scramble for shares.
Overall, these projects give me the feeling that they are increasingly in line with and resonate with traditional AI investments in terms of investment style and investment field.
In addition, such projects are considered white horses to some extent. According to past experience, only angel investors have the opportunity to obtain greater returns when white horse projects raise funds in the investment market, and to be eligible to participate in angel investment requires extremely high thresholds and strict restrictions. Ordinary investors are far behind.
Although the launch platform Genesis Launches also has a certain threshold, it is not out of reach for ordinary investors, and there is still a chance to participate with a little effort.
This is really a great good.
Jixu
