Wu談論區塊鏈|編輯

這次採訪深入探討了AI代理項目的投資趨勢，市場狀況和未來機會。分析師Defioasis分享了他在鏈資產，Memecoin和與AI相關的項目中的投資經驗，包括關鍵項目的興起（例如山羊，WorldCoin，Turbo，Pippin等）以及其背後的市場邏輯。

This interview delves into the recent trends, market conditions, and future prospects of AI Agent projects. Analyst defioasis shares his experience investing in on-chain assets, memecoin, and AI-related projects, including the rise of key projects (GOAT, WorldCoin, Turbo, Pippin, etc.) and the market logic behind them. He also discusses investment methodology, strategies for managing positions, signs of cooling in market bubbles, and the importance of industry trend changes and project narratives.

這次採訪深入研究了AI代理項目的最新趨勢，市場狀況和未來前景。分析師Defioasis分享了他在鏈上資產，Memecoin和與AI相關的項目上投資的經驗，包括關鍵項目的興起（山羊，世界幣，Turbo，Pippin等）以及其背後的市場邏輯。他還討論了投資方法論，管理職位的策略，市場泡沫中的冷卻跡像以及行業趨勢變化和項目敘事的重要性。

Please note: The views of the guests do not represent the views of Wu Shuo. Wu Shuo does not endorse any products or tokens. Readers are requested to strictly abide by local laws and regulations.

請注意：客人的景色並不代表Wu Shuo的景色。 Wu Shuo不認可任何產品或令牌。要求讀者嚴格遵守當地法律法規。

Audio transcription is done by GPT and may contain errors. Please listen to the full podcast:

音頻轉錄由GPT完成，可能包含錯誤。請收聽完整的播客：

Microcosm:

縮影：

https://www.xiaoyuzhoufm.com/episodes/67a07ca7247d51713c6574ae

https://www.xiaoyuzhoufm.com/episodes/67A07A07CA7247D51713C6574AE

YouTube：

Youtube:

https://youtu.be/M5Zi2VkMf-M

https://youtu.be/m5zi2vkmf-m

Please briefly introduce yourself and review when you started researching AI Agents, when did you start investing in it, and what is your overall return rate so far?

請簡要介紹一下自己並在開始研究AI代理時，何時開始對其進行投資，到目前為止的總回報率是多少？

defioasis: Hello everyone, I am defioasis. I am usually interested in on-chain data, on-chain assets and the derived gameplay. Since last year, my main focus has been on playing with things on the chain.

Defioasis：大家好，我是Defioasis。我通常對鏈上數據，鏈資產和派生遊戲感興趣。自去年以來，我的主要重點一直是在鏈上玩東西。

In fact, the research on AI Agents also originated from the mining on the chain. I have been observing the assets on the chain for the past year, but I am not so good at pure Memecoin. I mainly watched it more, and I couldn’t convince myself to play with it with big funds.

實際上，對AI代理的研究也起源於鏈上的採礦。在過去的一年中，我一直在觀察鏈條上的資產，但是我擅長於純粹的成員。我主要看了看它，我無法說服自己用大資金玩。

The turning point was mainly in late October and early November last year, when GOAT soared to a market value of several hundred million US dollars in a short period of time and Binance launched GOAT futures, which made me rethink this track. Of course, before talking about it, I still want to talk about some AI-related things before GOAT. Before GOAT, there were two relatively large events. One was WorldCoin. Because the co-founder was Sam, the founder of OpenAI, WLD was hyped as OpenAI's meme in Crypto, and FDV once exceeded 100 billion US dollars; the second was Turbo, which claimed to be an AI meme created by GPT. It was also a target that rose 200-300 times in CEX last year. So these two things show that everyone is still very interested in the theme of AI+Crypto and it is worth hyping.

轉折點主要是在10月下旬和去年11月初，當時山羊在短時間內飆升至數億美元的市場價值，而Binance則推出了山羊期貨，這使我重新考慮了這條賽道。當然，在談論它之前，我仍然想在山羊之前談論一些與AI相關的事情。在山羊之前，有兩個相對較大的事件。一個是世界幣。由於聯合創始人是Openai的創始人Sam，因此WLD被炒作為Crypto的Openai模因，而FDV曾經超過1000億美元。第二個是Turbo，它聲稱是GPT創建的AI模因。去年，這也是CEX在CEX上增加200-300次的目標。因此，這兩件事表明，每個人仍然對AI+Crypto的主題非常感興趣，值得大肆宣傳。

Back to the end of October last year, after GOAT was listed on Binance futures, I immediately thought of WorldCoin and Turbo, and Binance had the ability to lead the track. At that time, there were 4 assets that I thought were very eye-catching, two of which were AI-related, one was ai16z, and the other was ACT; the other two non-AI-related were LUCE and BAN. Now, ai16z seems to be much more powerful than ACT, but the situation at that time was that the founder of ai16z, Shaw, was only nobody, and ai16z was launched with daosfun, and there were some problems with the minting of token contracts, and the volatility was particularly large at that time because the pool was very small. I built a position in ai16z at a market value of 25 million US dollars, which cost about 3,000 US dollars, but the pool was very small at that time. Fud once fell below the market value of 10 million US dollars, and I didn't dare to increase my position. So I finally chose ACT, which is more stable and has a larger number of holders. ACT can be regarded as my first operation in AI investment. The first transaction was to buy the first 3,000 US dollars of ACT on November 5th. Later, I found that it was available on Bitget, and I also bought more than 10,000 US dollars of ACT at a market value of 22 million US dollars and an average price of 0.022 US dollars. But at that time, I didn’t expect that the position was not enough after buying it one after another, and then it was listed on Binance unexpectedly. I remember that I was still attending a conference in Bangkok at that time, and I was actually quite shocked. After listing on Binance, the highest market value reached 700-800 million US dollars, but I actually sold most of it at 500 million US dollars the next morning after the Binance news, and the rest has not been sold until now.

回到去年10月底，在山羊被列為二元期貨上的山羊之後，我立即想到了世界幣和渦輪增壓器，而binance具有領導賽道的能力。當時，我認為有4個資產非常引人注目，其中兩個是與AI相關的，一個是AI16Z，另一個是ACT。另外兩個與非ai相關的非AR是Luce和Ban。現在，AI16Z似乎比ACT強大得多，但是當時的情況是，AI16Z，Shaw的創始人僅是任何人，而AI16Z與Daosfun發行了，並且造成令牌合同的鑄造，即造成了一些問題。當時的波動性特別大，因為游泳池很小。我以2500萬美元的市場價值在AI16Z中建立了一個位置，價格約為3,000美元，但當時的游泳池很小。 FUD曾經低於1000萬美元的市場價值，我不敢提高自己的頭寸。因此，我終於選擇了行為，這更穩定，並且擁有更多的持有人。 ACT可以被視為我在AI投資中的第一次操作。第一次交易是在11月5日購買前3,000美元的行為。後來，我發現它可以在Bitget上使用，而且我還以2200萬美元的市場價值購買了超過10,000美元的ACT，平均價格為0.022美元。但是那時，我沒想到該職位在一個接一個地購買後不夠，然後出乎意料地將其列入了Binance。我記得當時我仍在曼谷參加一次會議，實際上我感到非常震驚。在上市後，最高的市場價值達到了700-8億美元，但實際上，我實際上是在Binance News之後的第二天早晨以5億美元的價格出售了大部分，其餘的迄今為止尚未出售。

Later, I also observed that AI Agents is the only track that has gone from a

後來，我還觀察到AI代理是唯一從A