Wu谈论区块链|编辑

这次采访深入探讨了AI代理项目的投资趋势，市场状况和未来机会。分析师DeFioasis分享了他在链资产，Memecoin和与AI相关的项目中的投资经验，包括关键项目的兴起（例如山羊，WorldCoin，Turbo，Pippin等）以及背后的市场逻辑。

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.

这次采访深入研究了AI代理项目的最新趋势，市场状况和未来前景。分析师Defioasis分享了他在链上资产，Memecoin和与AI相关的项目上投资的经验，包括关键项目的兴起（山羊，世界币，Turbo，Pippin等）以及其背后的市场逻辑。他还讨论了投资方法论，管理职位的策略，市场泡沫中的冷却迹象以及行业趋势变化和项目叙事的重要性。

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.

请注意：客人的景色并不代表Wu Shuo的景色。 Wu Shuo不认可任何产品或令牌。要求读者严格遵守当地法律法规。

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

音频转录由GPT完成，可能包含错误。请收听完整的播客：

Microcosm:

缩影：

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

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

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?

请简要介绍一下自己并在开始研究AI代理时，何时开始对其进行投资，到目前为止的总回报率是多少？

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。我通常对链上数据，链资产和派生游戏感兴趣。自去年以来，我的主要重点一直是在链上玩东西。

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.

实际上，对AI代理的研究也起源于链上的采矿。在过去的一年中，我一直在观察链条上的资产，但是我擅长于纯粹的成员。我主要看了看它，我无法说服自己用大资金玩。

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.

转折点主要是在10月下旬和去年11月初，当时山羊在短时间内飙升至数亿美元的市场价值，而Binance则推出了山羊期货，这使我重新考虑了这条赛道。当然，在谈论它之前，我仍然想在山羊之前谈论一些与AI相关的事情。在山羊之前，有两个相对较大的事件。一个是世界币。由于联合创始人是Openai的创始人Sam，因此WLD被炒作为Crypto的Openai模因，而FDV曾经超过1000亿美元。第二个是Turbo，它声称是GPT创建的AI模因。去年，这也是CEX在CEX上增加200-300次的目标。因此，这两件事表明，每个人仍然对AI+Crypto的主题非常感兴趣，值得大肆宣传。

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，在山羊被列为二元期货上的山羊之后，我立即想到了世界币和涡轮增压器，而binance具有领导赛道的能力。当时，我认为有4个资产非常引人注目，其中两个是与AI相关的，一个是AI16Z，另一个是ACT。另外两个与非ai相关的非AR是Luce和Ban。现在，AI16Z似乎比ACT强大得多，但是当时的情况是，AI16Z，Shaw的创始人仅是任何人，而AI16Z与Daosfun发行了，并且造成令牌合同的铸造，即造成了一些问题。当时的波动性特别大，因为游泳池很小。我以2500万美元的市场价值在AI16Z中建立了一个位置，价格约为3,000美元，但当时的游泳池很小。 FUD曾经低于1000万美元的市场价值，我不敢提高自己的头寸。因此，我终于选择了行为，这更稳定，并且拥有更多的持有人。 ACT可以被视为我在AI投资中的第一次操作。第一次交易是在11月5日购买前3,000美元的行为。后来，我发现它可以在Bitget上使用，而且我还以2200万美元的市场价值购买了超过10,000美元的ACT，平均价格为0.022美元。但是那时，我没想到该职位在一个接一个地购买后不够，然后出乎意料地将其列入了Binance。我记得当时我仍在曼谷参加一次会议，实际上我感到非常震惊。在上市后，最高的市场价值达到了700-8亿美元，但实际上，我实际上是在Binance News之后的第二天早晨以5亿美元的价格出售了大部分，其余的迄今为止尚未出售。

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

后来，我还观察到AI代理是唯一从A