FOMO 扼杀创新：深入探讨 Solana AI 黑客马拉松惨败

当我们发起这次黑客马拉松时，我们有一个简单的愿景：让 Solana 成为 AI 链并将其增长 10 倍。黑客马拉松是实现这一目标的最佳机会

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 于 12 月 11 日宣布举办首届 Solana AI 黑客马拉松，旨在在由 SEND AI 提供支持的 Solana 上构建 AI 代理和工具。奖金范围从 5,000 美元到 30,000 美元不等，旨在鼓励能够吸引风险投资或推出自己的代币的严肃的 Crypto x AI 项目。提交将于 12 月 15 日开放，项目团队可以提供所有项目详细信息，包括 GitHub 代码库、2 分钟的演示/推介视频、10 页的推介文档等。

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 黑客马拉松非常受欢迎，甚至导致了 FOMO 现象。 SendAI创始人Yash Agarwal在一篇文章中批评了这种现象，全文如下。

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

当我们发起这次黑客马拉松时，我们有一个简单的愿景：让 Solana 成为 AI 链并将其增长 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.

黑客马拉松是实现这一目标的最佳机会——让大家聚集在一起亲自参与 Crypto x AI Agents，我对此非常看好。

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.

在过去的一个月里，可以肯定地说，Solana AI 黑客马拉松不仅成为了一项标志性活动，而且彻底改变了 Solana Agent 的格局。在 15 天内完成 400 多个项目绝非易事，我和我的团队为为 Solana AI 增加 500-1 亿美元的市场价值做出了贡献而感到自豪。

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.

当然，一开始，由于这个奇怪的Crypto x AI Agent，预计会有相关代币发布。如果建设者使用代币作为资本积累的手段来打造优秀的产品，那是完全可以的。为此，所有 8 个赛道都经过精心设计，以鼓励真正有用的代理人。

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.

但当时并不知道这里会成为德根斯的投机场所。数据显示，本次黑客松1周内仅有4万多人次参观。现在，每天都有2-3个市值5000万美元的黑客松项目，累计价值超过5亿美元。 Solana AI 黑客马拉松意外地成为了一个 AI 代币发现平台。

Status Quo

现状

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

这里没有什么不寻常的——典型的幂律分布推动了猜测。

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.

虽然很高兴看到一些建设者推出代币并将其用作资本积累的手段，就像之前病毒式传播的任何叙述一样，但现在泡沫太多了。

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

虽然这更接近公平发布（类似于 ICO），但这并不是最好的前进方向。

Builders are Approaching Blindness

建筑商正在接近失明

Over-tokenization makes builders short-sighted and blind.

过度代币化让建设者变得短视和盲目。

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 项目都像猫/狗 meme 币，如果你充分意识到这一点，这完全没问题，但许多项目都将他们的代币吹捧为“实用代币”，这完全是一个骗局。

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

这种现象可能会对真正的建设者（尤其是较弱的建设者）造成长期损害——他们现在被迫变得目光短浅。

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.

大多数代理/基础设施项目都发现代币是获得关注的最佳方式：发行代币→代理/框架变得“病毒”（但没有用户）→代币上涨→每个人都高兴。

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".

许多项目只是随机发布公告或演示（即使市值超过 2 亿美元）来取悦观众，然后鲸鱼/阴谋集团向散户投资者宣扬这是“伟大的技术”。

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.

许多开发人员知道他们的产品在实践中不可扩展或不可行，因此只是继续进行演示或随机发布“XXY”公告。列举一些实时的、可扩展的、真实的链上和代理产品。

Cabal / Whales /KOLs are bad VCs without reputation baggage

阴谋集团/鲸鱼/KOL 是没有声誉包袱的糟糕风投

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.

阴谋集团和鲸鱼玩家让这个游戏变得非常肮脏：他们编造故事（“由 XX 支持”——只是简单的转发或随意评论“技术很棒”）来抢占市场供应或说服建设者提供代币分配和抽水，在他们的德根群体中推广，然后继续出售（或最终会出售），伤害散户和建筑商。

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

请记住，大多数代币由于是通过泵启动而没有锁定限制。

Advice for Builders

给建筑商的建议

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.

不要为了发行而发行代币——特别是如果您不拥有其中很大一部分的话。如果您拥有的代币少于 5%，一旦价格开始下跌，您将没有任何动力继续建设。

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.”

即使代币在短期内上涨，并且你可以通过发行价值 50-1 亿美元的代币来快速获利，但一旦价格调整，你就没有动力去建造——而一群蹩脚的持有者希望你继续建造，因为他们被一些阴谋集团洗脑，认为这是“很棒的技术”。

A token is technically an asset, but it is also

从技术上讲，代币是一种资产，但它也是一种资产