FOMO 扼殺創新：深入探討 Solana AI 黑客馬拉松慘敗

當我們發起這次黑客馬拉松時，我們有一個簡單的願景：讓 Solana 成為 AI 鏈並將其成長 10 倍。黑客馬拉松是實現這一目標的最佳機會

Solana announced the first Solana AI Hackathon on December 11, aiming to build AI agents and tools on Solana, powered by SEND AI. The prizes range from $5,000 to $30,000, and are intended to encourage serious Crypto x AI projects that can attract venture capital or launch their own tokens. Submissions will be open on December 15, where project teams can provide all project details, including GitHub code base, a 2-minute demo/pitch video, a 10-page pitch document, etc.

Solana 於 12 月 11 日宣布舉辦首屆 Solana AI 黑客馬拉松，旨在由 SEND AI 支援的 Solana 上建立 AI 代理和工具。獎金範圍從 5,000 美元到 30,000 美元不等，旨在鼓勵能夠吸引風險投資或推出自己的代幣的嚴肅的 Crypto x AI 項目。提交將於 12 月 15 日開放，專案團隊可以提供所有專案詳細信息，包括 GitHub 程式碼庫、2 分鐘的演示/推介影片、10 頁的推介文件等。

The Solana AI hackathon has been incredibly popular, even leading to the FOMO phenomenon. SendAI founder Yash Agarwal has criticized this phenomenon in an article, the full text of which is below.

Solana AI 黑客馬拉松非常受歡迎，甚至導致了 FOMO 現象。 SendAI創始人Yash Agarwal在一篇文章中批評了這種現象，全文如下。

When we launched this hackathon, we had a simple vision: make Solana the AI chain and grow it 10x.

當我們發起這次黑客馬拉松時，我們有一個簡單的願景：讓 Solana 成為 AI 鏈並將其成長 10 倍。

Hackathons are the best opportunity to achieve this goal - to bring everyone together to participate in Crypto x AI Agents in person, which I am very optimistic about.

黑客馬拉松是實現這一目標的最佳機會——讓大家聚集在一起親自參與 Crypto x AI Agents，我對此非常看好。

Over the past month, it’s safe to say that the Solana AI Hackathon has not only become a signature event, but has completely changed the Solana Agent landscape. Completing 400+ projects in 15 days is no small feat, and my team and I are proud to have contributed to adding $500-100 million in market value to Solana AI.

在過去的一個月裡，可以肯定地說，Solana AI 黑客馬拉松不僅成為了一項標誌性活動，而且徹底改變了 Solana Agent 的格局。在 15 天內完成 400 多個專案絕非易事，我和我的團隊為為 Solana AI 增加 500-1 億美元的市場價值做出了貢獻而感到自豪。

Of course, at the beginning, due to this strange Crypto x AI Agent, it was anticipated that there would be related tokens released. And it is completely fine if builders use tokens as a means of capital accumulation to build excellent products. For this purpose, all 8 tracks are carefully designed to encourage truly useful agents.

當然，一開始，由於這個奇怪的Crypto x AI Agent，預計會有相關代幣發布。如果建造者使用代幣作為資本累積的手段來打造優秀的產品，那是完全可以的。為此，所有 8 個賽道都經過精心設計，以鼓勵真正有用的代理人。

But at that time, I didn't know that this place would become a speculation place for degens. According to the data, this hackathon had only more than 40,000 visitors in 1 week. Now, there are 2-3 hackathon projects every day with a market value of 50 million US dollars, and the cumulative value exceeds 500 million US dollars. Solana AI hackathon accidentally became an AI token discovery platform.

但當時並不知道這裡會成為德根斯的投機場所。數據顯示，本次黑客松1週內僅有4萬多人參觀。現在，每天都有2-3個市值5000萬美元的黑客松項目，累計價值超過5億美元。 Solana AI 黑客馬拉松意外地成為了 AI 代幣發現平台。

Status Quo

現狀

Nothing unusual here - typical power-law distribution driving speculation.

這裡沒有什麼不尋常的——典型的冪律分佈推動了猜測。

While it’s great to see some builders launching tokens and using them as a means of capital accumulation, as with any previous narrative that’s going viral, there’s too much froth right now.

雖然很高興看到一些建設者推出代幣並將其用作資本積累的手段，就像之前病毒式傳播的任何敘述一樣，但現在泡沫太多了。

While this is closer to a fair launch (similar to an ICO) — it is not the best direction forward.

雖然這更接近公平發布（類似於 ICO），但這並不是最好的前進方向。

Builders are Approaching Blindness

建築商正在接近失明

Over-tokenization makes builders short-sighted and blind.

過度代幣化讓建設者變得短視和盲目。

Currently, 90% of Crypto x AI projects are like cat/dog meme coins, which is totally fine if you are fully aware of this, but many projects are touting their tokens as "utility tokens", which is a complete scam.

目前，90% 的Crypto x AI 項目都像貓/狗meme 幣，如果你充分意識到這一點，這完全沒問題，但許多項目都將他們的代幣吹捧為“實用代幣”，這完全是一個騙局。

This phenomenon could cause long-term damage to real builders (especially weaker ones) - who are now forced to be short-sighted.

這種現象可能會對真正的建設者（尤其是較弱的建設者）造成長期損害——他們現在被迫變得短視。

Most proxy/infrastructure projects have figured out that tokens are the best way to get attention: issue tokens → proxy/framework goes “viral” (but has no users) → tokens go up → everyone is happy.

大多數代理商/基礎設施專案都發現代幣是獲得關注的最佳方式：發行代幣→代理商/框架變得「病毒」（但沒有用戶）→代幣上漲→每個人都高興。

Many projects just make random announcements or demos (even with a market cap of over $200M) to please the audience, and then whales/cabals preach to retail investors that this is "great technology".

許多項目只是隨機發佈公告或演示（即使市值超過 2 億美元）來取悅觀眾，然後鯨魚/陰謀集團向散戶投資者宣揚這是「偉大的技術」。

Many developers know their products are not scalable or viable in practice and so just keep doing demos or making random “XXY” announcements. Name some live, scalable, real on-chain and agent products.

許多開發人員知道他們的產品在實踐中不可擴展或不可行，因此只是繼續進行演示或隨機發布“XXY”公告。列舉一些即時的、可擴展的、真實的鏈上和代理產品。

Cabal / Whales /KOLs are bad VCs without reputation baggage

陰謀集團/鯨魚/KOL 是沒有聲望包袱的糟糕風投

Cabal and whale players make this game very dirty: they make up stories ("backed by XX" - just a simple retweet or a casual remark of "the technology is great") to grab market supply or convince builders to give token allocations and pump, promote in their degen groups, and then continue to sell (or will eventually sell), hurting retail investors and builders.

陰謀集團和鯨魚玩家讓這個遊戲變得非常骯髒：他們編造故事（「由XX 支持」——只是簡單的轉發或隨意評論「技術很棒」）來搶佔市場供應或說服建設者提供代幣分配和抽水，在他們的德根群體中推廣，然後繼續出售（或最終會出售），傷害散戶和建築商。

Keep in mind that most tokens have no lock-up restrictions due to being launched via pump.

請記住，大多數代幣由於是透過泵浦啟動而沒有鎖定限制。

Advice for Builders

給建築商的建議

Don’t issue tokens for the sake of issuing — especially if you don’t own a significant portion of them. If you own less than 5% of the tokens — you won’t have any incentive to keep building once the price starts to fall.

不要為了發行而發行代幣——特別是如果您不擁有其中很大一部分的話。如果您擁有的代幣少於 5%，一旦價格開始下跌，您將沒有任何動力繼續建造。

Even if the token goes up in the short term and you get a quick benefit from issuing $50-100 million worth of tokens, once the price adjusts you have no incentive to build — and a bunch of crappy holders want you to keep building because they’ve been brainwashed by some cabal into thinking this is “awesome technology.”

即使代幣在短期內上漲，並且你可以透過發行價值50-1 億美元的代幣來快速獲利，但一旦價格調整，你就沒有動力去建造——而一群蹩腳的持有者希望你繼續建造，因為他們被一些陰謀集團洗腦，認為這是“很棒的技術”。

A token is technically an asset, but it is also

從技術上講，代幣是一種資產，但它也是一種資產