The second half of AI tokens begins? An inventory of emerging potential projects in Crypto AI

In October 2024, since the launch of the AI Meme - GOAT and the initiation of the AI Agent concept, Crypto began accelerating its integration with AI. Concepts like Game+AI, DeFAI, AIAgent Swarm, and others emerged, with new conceptual projects appearing almost weekly, until January 18th when Trump announced the issuance of a MemeCoin, directly draining market liquidity and bursting the CryptoAI bubble prematurely. Two days later, DeepSeek announced its open-source R1 model, and after weeks of fermentation, the AI concept stocks in the US stock market also saw their bubble burst. With $6 million able to create a large model, retail investors buying the dips on CryptoAI with a $60 million market value were once defined by the community as "intellectually insufficient wheat" (a derogatory term). This trend, coupled with the collective dive of AI concept stocks, naturally led to a spiral death of coin prices, and since then, the AI concept in Crypto gradually faded. One quarter later, the CryptoAI wave returned to the market. $zerebro rose 400% in two days, the Agent operating system $AIOS rebounded 10-fold, Dark flipped again with a market value exceeding $40 million in the same period as Musk's concept, while other established AI projects like $ALCH, $SWARM, $GRIFFAIN, $arc, and $BUZZ all saw gains between 30%-60%. This AI comeback brought not only price increases but also some new concepts. [The translation continues in the same manner for the rest of the text, maintaining the specified translations for specific terms.]

• BuzzingClub

BuzzingClub is a prediction market platform where the project team believes that the future of prediction markets should be in the hands of participants, not a central authoritative institution "everyone should be able to freely create, share, and express their own opinions." Therefore, Buzzing is more free compared to other prediction platforms.

On Buzzing, all users can create prediction markets "propose topics or subjects" with AI-generated rules, then filter out garbage information and low-quality prediction markets through AI algorithms, and finally use AI oracles to automatically retrieve internet search data instead of human data to determine the results of prediction questions.

• Burnie

Burnie is a code learning platform that can improve users' coding skills in all aspects, and players can earn rewards by completing tasks published on the platform.

Inspiration as an App, Sinking Market Layout in the Post-AI Application Era

After Arc and Ai16z's framework development gradually stagnated, they have also transformed into AI Agent distribution platforms. Arc's distribution platform Forge went online, and after the first product AskJimmy, it disappeared. Ai16z's AutoFun went online a few days ago, but currently, no publicly supported projects have been launched, and its development remains uncertain. From the product framework perspective, AutoFun seems more inclined towards creating a UGC cultural platform, and in terms of value retention, it differs little from traditional LaunchPads.

Arc's planned new Agentic App Store Ryzome, and Myshell's existing AIApp Store, with the former not yet officially launched and the latter lacking activity, most emerging products are largely similar.

In this context, dev.fun, which previously appeared with the AppFi concept, seems more orthodox. At first glance, its color scheme and UI are similar to Pumpfun, but it appears more vibrant. Although its token price has dropped significantly in this cycle like other AI projects. Surprisingly, nearly 13,000 Apps have been born on this platform.

dev.fun provides the functionality of generating Apps by chatting with AI "similar to Replit previously invested by YC", and users can not only issue project/meme Tokens but also choose their own trading pairs. Currently, the most supported Buidl has 1,400 Apps and has been run nearly 70,000 times.

What AI is Currently More Favored in the Crypto Market?

Currently popular projects in the market can be divided into several categories. First, development tools, including frameworks, AI Copilot programming tools, and MCP infrastructure. Second, consumer AI applications, including AI Agents, games, DeFAI "Alpha signals, funds, automated LP", and GambleFAI. Third, decentralized AI infrastructure, such as decentralized computing, verification, and storage. The first two are usually more favored by retail investors, while the third is preferred by VCs or investors, typically requiring a high valuation to take over.

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DeAI Infrastructure

These products are almost the earliest concept of fusion between Crypto and AI, such as Grass projects. Previously, there were countless similar products, but they were difficult to sustain. The key to decentralized computing power is how to optimize synchronized computing power and price it lower than traditional computing power providers. The key to decentralized training is the cost of data transmission itself, which is difficult to achieve during the imperfect infrastructure period. However, once achieved, it will be a promising downstream market, thus attracting significant VC attention.

PrimeIntellect

PrimeIntellect was co-founded by Vincent Weisser and Johannes Hagemann, who were previously members of Desci leader VitaDAO. PrimeIntellect is a platform that commodifies computing power and models. Its investment lineup is quite impressive, with the seed round led by CoinFund and Distributed Global, raising $5 million. The second round of financing was led by Founders Fund, raising $15 million. Individual investors include Polygon co-founder Sandeep Nailwal, well-known investors, and industry influencers like former CoinBase CTO Balaji.

Recently, OpenAI's renowned researcher Yaoshunyu published an article titled 'The Second Half', stating that we are in the midpoint of the AI era, and the next phase is about to begin. If the first half of AI solved gaming and exam-solving, the second half will establish companies worth billions or trillions of dollars by building intelligent and useful products. For CryptoAI, there will certainly be corresponding opportunities.

So let's look forward to it, welcome to the second half.