JackYi Identifies Key Factors in Crypto Industry Success

According to recent insights from JackYi, founder of Liquid Capital, there has been a significant shift in the crypto industry.

The previous wave of failed ventures was largely due to an unrealistic expectation that Web3 products needed to mimic those of Web2. In reality, Web3 is primarily a financial sector, and companies were attempting to recreate complex systems rather than leveraging existing financial infrastructure.

With the arrival of AI technology, JackYi suggests that the crypto industry has entered a new era where smaller teams can achieve significant success by focusing on finance and AI integration.