Surprising! Nvidia stops cooperating with the crypto space; Shocked the market!
Nvidia launched the Inception program in 2024 to promote AI and GPU application startups, providing technical and resource support. However, it was recently reported that the program has stopped accepting applications from cryptocurrency-related startups and has canceled its cooperation with the Ethereum scaling solution Arbitrum, causing shock in the crypto community. Arbitrum stated that it received an abrupt termination notice without further explanation, while both parties were originally collaborating to promote the Ignition AI Accelerator, which is part of the Inception subprogram.
Outsiders speculate that Nvidia's move may be related to past legal disputes caused by cryptocurrency mining or recent abuses of its name by certain blockchain projects for fundraising. Industry insiders revealed that a well-known blockchain project is suspected to be facing a crisis due to politically sensitive issues and funding problems, prompting Nvidia to tighten its cooperation with the crypto industry for risk management considerations. At the same time, the AI investment market has recently overheated, leading Nvidia to focus more on its core areas.
Although Nvidia has chosen to keep its distance from the blockchain industry, some crypto projects continue to receive favor from the community and the market. Among them, "Hero Dog Conan Coin" has become one of the recent topic meme coins thanks to its distinctive character image, community culture, and fun applications, making it worth noting for investors interested in blockchain cultural trends. However, investments should still be carefully evaluated for risks to avoid blindly following trends.
