Recently, it seems that everyone in the cryptocurrency world is discussing AI projects. Previously, CZ also mentioned that AI is a key focus for the future of Web3, and I have also followed the trend and researched quite a bit. But to be honest, most projects are quickly forgotten after looking at them; either they are just pure concepts without products, or they are forcibly riding the AI hype. However, the HoloworldAI project caught my attention, and today I'd like to share why.
First, let me share an interesting discovery. While looking at HoloworldAI, I found out that their founder, Tong, was previously involved in robotics, working on industrial robotic arms in San Francisco. Later, he went to 0x Labs to work on DEX, and then he started working on Hologram after buying a Loot NFT. This path is quite fascinating, transitioning from physical robots to virtual avatars, which feels like a rehearsal of the entire AI development process.
What interests me more is their product approach. Most AI projects come out claiming they want to create the most advanced models and disrupt things like GPT. HoloworldAI is completely different; they are very pragmatic and focus on integrating the best existing AI models to create products that ordinary people can use.
For example, their Ava Studio. You might think it's just another video generation tool? Actually, it's not. It's more like an AI director. You tell it what effect you want, and it automatically helps you choose between Runway or Pika, even pairing images, videos, and music together for you. I tried it out, and it really is much more convenient than jumping between different platforms myself.
What surprised me the most was their collaboration with the Fat Penguin. At first, I thought it was just ordinary IP licensing, but then I discovered that they enable each Fat Penguin to generate a corresponding AI agent, which can also be used for video creation. This idea is quite wild, essentially providing each NFT with an AI assistant.
From an investment perspective, I think their smartest move is avoiding direct competition with giants like OpenAI and Google. Think about it, how could a small company possibly surpass these big players in AI models? However, in terms of integration capability and product experience, small companies actually have an advantage.
There's another detail that I find quite interesting. On the surface, their MCP Network seems to be an AI service marketplace, but upon closer thought, it is actually building a decentralized AI infrastructure. If they really succeed, the network effect will be very strong. Just like Ethereum back in the day, it's not the most advanced technology, but once the ecosystem is established, it's hard to replace.
Of course, there are risks as well. With so many products, whether the team's energy can keep up is a concern. Moreover, the competition in AI tools is too fierce, with new products coming out every day. However, I think their choice of the IP+AI direction is quite distinctive, at least in the short term there aren't many imitators.
In terms of price, HOLO is currently around $0.26, with a market cap of over 90 million. It's not particularly expensive or cheap. I think the key is whether the product can continuously deliver what users truly need. After all, in this field, ultimately the product speaks for itself.
Overall, HoloworldAI gives me the impression of a solid team doing practical things. There’s none of that grand talk about changing the world; they are focused on making AI tools user-friendly, allowing ordinary people to enjoy the convenience of AI. This pragmatic attitude is quite precious in the current volatile market environment.
Next time I will talk about their token economics design, which is indeed quite interesting.
