#AIP #AIP模式 The crypto market has never lacked tokens. New projects launch every day, and every new narrative comes with a new token ticker. What it lacks are models—models that can truly solve the industry's fundamental problems.
The market does not lack tokens; it lacks models
Crypto market capital inflows reached $13.3 billion in the first half of 2026, but most newly issued tokens have continued to trade below their issuance prices. Narratives are no longer enough. Over the past few years, from NFTs to DeFi to L2s and then AI Agents, every narrative has brought a wave of new tokens, but