AIGC Chain combines with Web3 again, investors need to be wary of project operation traps.

2025-08-10 23:06:08

Abstract generation in progress

The Recombination of AI and Web3: Can AIGC Chain Help "Play People for Suckers" Turn Around?

The hottest tech entrepreneurship tracks today are undoubtedly AIGC and Web3. Looking back to 2017, blockchain, artificial intelligence, and VR were the most popular fields. As an entrepreneur who keeps up with the trends of the times, Adam Zheng( has participated in both waves of entrepreneurial fervor.

) attempts of VR+AI+blockchain

In February 2014, ObEN was established in California, USA, with Zheng Yi serving as COO. The company focuses on creating VR avatars and has received multiple rounds of financing both domestically and internationally. In October 2017, the ObEN team released the Project PAI white paper, attempting to integrate AI with blockchain. Project PAI is a public chain protocol based on a Bitcoin fork, aiming to use blockchain for the certification, management, and application development of AI.

ProjectPAI raised approximately $150 million through private placement. In June 2018, PAI tokens were listed on a certain trading platform and skyrocketed by 500% in a short period. However, it began to decline steadily afterwards, and in November 2022, the ProjectPAI blockchain ceased operation, resulting in PAI's price dropping to zero.

![Will the AIGC Chain help "play people for suckers" turn the tables after blockchain projects hit zero?]###https://img-cdn.gateio.im/webp-social/moments-041d789f6458c42af33c08c8e127048a.webp(

) Doubts are constant

ProjectPAI faces numerous doubts, mainly including:

The relationship between ObEN and PAI is unclear.
Technical team information is questionable
The code is suspected of plagiarizing Bitcoin
Illegal fundraising, tax evasion and other charges

Despite multiple statements from Project PAI to refute the rumors, doubts continue to persist.

![Can AIGC Chain help "play people for suckers" turn their fortunes around as a big brother after the blockchain project goes to zero?]###https://img-cdn.gateio.im/webp-social/moments-260568beb587dd5f54c4243eeeee9b62.webp(

) project operation methods

The operating model of ProjectPAI has obvious tricks:

Attract investors with the reputation of ObEN
Use endorsements from well-known institutions such as Tencent, SoftBank, etc.
The founder's resume is impressive
Assemble a luxurious technical team lineup
KOL calls to raise the hype
Raise the flag to act as a tiger's skin, leveraging endorsements from other projects.

Team members frequently appear in public, attending various events as founders of an AI company, but they avoid discussing topics related to cryptocurrencies.

![Blockchain projects going to zero, can AIGC Chain help the "play people for suckers" turn things around and become the boss?]###https://img-cdn.gateio.im/webp-social/moments-40a56585ceeda7e4ac8f90fe570b07a8.webp(

) Project Status

Currently, the official website provided by ObEN is inaccessible, and the Twitter account has been canceled. Several affiliated companies in the country are facing multiple infringement lawsuits. The company's official WeChat account has not been updated for a long time.

![With blockchain projects hitting zero, can AIGC Chain help "play people for suckers" turn into a big brother?]###https://img-cdn.gateio.im/webp-social/moments-e8aae315dd72a01ff1cd7933a4507468.webp(

) AIGC+Web3 combined again

In 2023, AIGC became the hottest track in the tech circle. To facilitate rapid financing, AIGC Chain was born. This project once again employed a packaging tactic similar to ProjectPAI:

Please have well-known figures endorse.
Maintain a somewhat distant relationship with ObEN
Packaged as an overseas project but mainly aimed at the domestic market.
Borrowing the endorsement of ObEN investors
KOLs promote extensively

The AIGC Chain plans to issue fungible tokens and non-fungible tokens. Its NFT project Metanaut has completed its first round of issuance, bringing considerable revenue to the project parties.

Whether AIGC Chain can help "play people for suckers" turn the tide remains to be seen. When participating in such projects, investors need to stay clear-headed and make cautious decisions.

![Blockchain projects hitting zero, can AIGC Chain help "play people for suckers" turn around and become the big boss?]###https://img-cdn.gateio.im/webp-social/moments-591149cc54e4b17b7f0e9b2c1baae614.webp(

VR-3.63%

PAI5.53%

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