InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
1. Same Factory, New Takt Time: From Idea to TGE in Six Months
In 2021 the playbook was: ship a product, grow users for a year, then list.
In 2025 the cycle is compressed to < 180 days. Test-net addresses? Sybil-farmed in 24 h. App-store screenshots? Faked by an agency in Seoul. Product spend is now < 20 % of budget; the rest is listing fee + market-maker retainer + KOL payroll. Even memecoins have industrialised: launch at 09:00, $50 m FDV by lunch, exit-scam by dinner.
2. The Great Dis-Enchantment—Why Building Is for Suckers
Last cycle we worshipped ZK-rollups, Social-Fi and AAA Game-Fi.
They delivered zero users and 90 % draw-downs.
Meanwhile the “BTC-treasury” crew: outsourced a demo, parked the raise in spot BTC, watched the bag 3 × while doing nothing. Retail stopped believing; founders stopped pretending. Attention became the only KPI.
3. Exchanges & MMs: The Perpetual Motion Machine
Binance Alpha is the iPhone moment of this cycle:
on-chain issuance funnelled back into CEX order-books,
every new ticker is a forced BNB sink,
listing decision replaced by scoreboard = volatility × volume.
Market-makers graduated from passive spread to active waveform engineering:
spot pump → perp long → social FOMO → perp short → liquidation cascade → repeat. To finance the inventory they now borrow off-exchange at 18–25 % APR, split PnL with shadow banks in Dubai. Volatility is no longer a risk, it is the product.
4. KOLs & Agencies: The Flow Valves
Agencies grade influencers on three tiers:
Brand flow – reputation premium (e.g., 1 M+ followers),
Exposure flow – raw impressions,
Bid flow – measured in “how many of your followers actually market-buy”.
Project方 quietly allocates a “KOL round” at 20 % discount, cliffs zero days, so the tweet and the dump can be scheduled inside the same block. The agency takes 10 % of float, the influencer 5 %, the exit liquidity is, as always, the audience that believes the story.
5. So... Will This Ever End?
Probably not. The factory is too profitable:
exchange earns listing + perp fees,
MM harvests bid/ask + funding,
agency clips retainer + token slice,
KOL monetises reputation,
retail receives the volatility it demands.
Next cycle the packaging may change—AI-generated metaverse islands, RWAs, whatever—but the conveyor belt will keep moving as long as liquidity and attention remain scarcer than value.
Your only real choice is whether you stand next to the belt, collecting tolls, or on the belt, labelled “this side up”.
1. Same Factory, New Takt Time: From Idea to TGE in Six Months
In 2021 the playbook was: ship a product, grow users for a year, then list.
In 2025 the cycle is compressed to < 180 days. Test-net addresses? Sybil-farmed in 24 h. App-store screenshots? Faked by an agency in Seoul. Product spend is now < 20 % of budget; the rest is listing fee + market-maker retainer + KOL payroll. Even memecoins have industrialised: launch at 09:00, $50 m FDV by lunch, exit-scam by dinner.
2. The Great Dis-Enchantment—Why Building Is for Suckers
Last cycle we worshipped ZK-rollups, Social-Fi and AAA Game-Fi.
They delivered zero users and 90 % draw-downs.
Meanwhile the “BTC-treasury” crew: outsourced a demo, parked the raise in spot BTC, watched the bag 3 × while doing nothing. Retail stopped believing; founders stopped pretending. Attention became the only KPI.
3. Exchanges & MMs: The Perpetual Motion Machine
Binance Alpha is the iPhone moment of this cycle:
on-chain issuance funnelled back into CEX order-books,
every new ticker is a forced BNB sink,
listing decision replaced by scoreboard = volatility × volume.
Market-makers graduated from passive spread to active waveform engineering:
spot pump → perp long → social FOMO → perp short → liquidation cascade → repeat. To finance the inventory they now borrow off-exchange at 18–25 % APR, split PnL with shadow banks in Dubai. Volatility is no longer a risk, it is the product.
4. KOLs & Agencies: The Flow Valves
Agencies grade influencers on three tiers:
Brand flow – reputation premium (e.g., 1 M+ followers),
Exposure flow – raw impressions,
Bid flow – measured in “how many of your followers actually market-buy”.
Project方 quietly allocates a “KOL round” at 20 % discount, cliffs zero days, so the tweet and the dump can be scheduled inside the same block. The agency takes 10 % of float, the influencer 5 %, the exit liquidity is, as always, the audience that believes the story.
5. So... Will This Ever End?
Probably not. The factory is too profitable:
exchange earns listing + perp fees,
MM harvests bid/ask + funding,
agency clips retainer + token slice,
KOL monetises reputation,
retail receives the volatility it demands.
Next cycle the packaging may change—AI-generated metaverse islands, RWAs, whatever—but the conveyor belt will keep moving as long as liquidity and attention remain scarcer than value.
Your only real choice is whether you stand next to the belt, collecting tolls, or on the belt, labelled “this side up”.
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