CryptoD: The Bags model essentially transfers risks to the market, optimistic about AI projects that grow together with the community

Odaily News Trader CryptoD posted on the X platform, stating that he recently suffered losses in the Bags project. Bags has issues such as over-reliance on news and the author's unstable personality. Most projects on this platform are teams well-known in Web2 but unable to secure funding. They consume attention by packaging narratives in Web3, and the growth potential for these projects is limited. This model essentially transfers risks to the market rather than standing with the community.

CryptoD believes that AI projects on pump are different; most start from a very small scale, with the project, narrative, and product being built and growing alongside the community. Projects that can grow together with the community are the model truly needed in the cryptocurrency field.