Editor's Note: This article comes fromHoneycomb Finance News (ID: fengchao-caijing), Author: JX kin, reproduced by Odaily with authorization.

Editor's Note: This article comes from

Honeycomb Finance News (ID: fengchao-caijing)

Honeycomb Finance News (ID: fengchao-caijing)

, Author: JX kin, reproduced by Odaily with authorization.

"China's No. 1 angel investor" Xue Manzi returned to the currency circle and stood on the stage of a project called Turing Chain (TAI), but this time he was not an "angel", and his identity was said to be the chief consultant.

According to the official website of Turing Chain, the total amount of TAI issued is 96 million, of which 0.5%, or about 480,000 TAI, has been given to consultants and experts, and will be unlocked in 5 years.

Although he is not yet an investor in the public information, Xue Manzi said that he does not rule out his own capital injection in the future, and also plans to introduce VC and TokenFund, the top VCs in the currency circle, to inject capital into the project.

After 2 years, the two elders returned to the currency circle, but the market has changed a thousand times, and they have not kept up with the rhythm.

I haven’t done enough homework to do the Turing chain of blockchain + AI. In the column of the white list of exchanges in the new version of the white paper, not only the name of BiBox is wrongly written as Bbox, but also the street exchange IDAX is also included.

The outdated boss + cold meal project is unavoidably worrying.

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0.5% tokens for the consultant platform

Turing Chain's "hiking" Xue Manzi really made this public chain with the concept of "blockchain + AI" popular. Some retail investors are busy asking about the purchase entrance of a certain trading platform, while others are using various jokes Greetings to the "No. 1 angel investor in China".

These words brought people back to the ICO years from 2017 to 2018. At that time, Xue Manzi was also "optimistic" everywhere, investing and consulting a number of projects, including those that were later accused of "fraud" and "air". The space chain, and the ink chain that has returned to zero.

What made the former "number one angel investor" in the Internet field completely fall from the altar of the currency circle, I am afraid that he later issued barbarian coins and pirate coins for his homestay, and the essence of using his own IP to make money was fully exposed; Being on the same stage with Yu Lingxiong, a celebrity in the MLM circle, surprised the industry even more.

In 2019, when Yang Ning, Yuhong and other bigwigs fell from the altar, Xue Manzi also withdrew from the bigwig stage. Some people who are optimistic about the Turing chain are also very puzzled: Why did the project party invite Xue Manzi to take the platform?

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This ratio is not high, after all, the current market is not like it was two years ago. Another big V, Li Xiaolai, once mentioned in a statement about "not giving any platform to any project" that a certain second master does not invest, but only stands, "He just needs to stretch out a finger, and he can ask for 1% in vain. "

The IEO channel of the exchange CoinEgg has announced that it will launch the Turing chain, and the initial purchase price of 1TAI is 0.1USDT. Calculated at this price, the share tokens occupied by the consultants are worth 335,000 yuan, and the money distributed to the chief consultant Xue Manzi will be worth more in the future.

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The list of the project is now running IDAX

Although people don't know why Turing Chain asked Xue Manzi to "endorse", the effect of publicity has been achieved. Mr. Xue, who is quite controversial in the circle, is "optimistic", which inevitably makes people wonder what kind of project it is.

In fact, the Turing chain is not a new project this year. As early as August 2018, it had a white paper published, taking the direction of "blockchain + AI". However, the planned total circulation of TAI at that time was 10 billion, and it was planned to issue 30% first. In the new version, the circulation has decreased by more than 9 billion to 96 million TAI.

In addition to this difference, the old version of information shows that this project should have considered private placement two years ago, and had planned to use no less than 90% of the funds raised for product technology research and development and community operation and maintenance. As for whether the fundraising was carried out later, there is no public information to check.

This time, Xue Manzi, as the chief consultant, has stated that in the future, Manzi Fund will not be ruled out to inject capital into the project. In addition, it is necessary to find top VC and TokenFund capital injection for the project.

Not long ago, Wang Feng, the founder of Consensus Lab, set off a turmoil in defending rights against another institution, BlockVC, which not only attracted colleagues, but also caused Du Jun and other TokenFund investors to scramble to sell miserably. Du Jun simply called some investors and projects "liars".

Later, Wang Feng changed his previous attitude of accusing BlockVC of "fraud" and shook hands with the other party to make peace, which completely embarrassed the currency circle institutions. Blockchain projects do not generate real value, and the deformity of the business model in which investors rely on one-level cut-off to exit is also clearly demonstrated by this farce.

Perhaps this is the best thing about the currency circle. Like a demon mirror, it can quickly make ugly investors in the Internet industry in the past.

Under such a market atmosphere, Xue Manzi still wants to find financing for the Turing chain in the circle, which undoubtedly makes people sweat. It's hard to say whether his old face is doing well in the currency circle.