I am currently focusing on several altcoin projects, with the core logic being: the future of web3 lies not on the chain, but with Agents.

The demand of web2 + the financial settlement of web3 will ultimately fall on Agents. The research direction is very simple: who can truly help Agents make money and run a complete business loop. Based on this, I mainly look at TALUS, SAHARA, VIRTUALS, OPEN, NEAR, which focus on the commercialization of Agents, rather than narrative coins that only tell stories.

As for public chains themselves, the scale will still expand, but competition will be more intense, and chains will find it difficult to capture business-level value. From an investment perspective, 99% of public chains will not outperform stocks like Circle, which have clear cash flow, in the long term.