Crypto chases hype while missing foundational fortune

While crypto chases AI token hype, smart money invests in compute infrastructure. Like the gold rush, those who own the rails — not the miners — get rich.

Opinion by: Kony, co-founder and CEO of GAIB

During the gold rush, it wasn’t the fortune-seekers getting rich. While it was assumed that you could take your picks and shovels and become wealthy overnight, it was grueling work with no guaranteed returns. Those who benefited were the infrastructure providers. The landowners, the pick and shovel sellers and the transportation suppliers saw a real return on investment, while the rest searched day and night for gold they never found. 

This still rings true today. Those who invest in “boom” infrastructure gain more than those chasing the hype. In Q1 of this year, AI tokens dominated crypto narratives, holding 37.5% of global investor interest in Q1. Degens started jumping in, hoping that the next one would 10x and launch them into early retirement.

Read more