Introduction
Since ChatGPT debuted at the end of 2022, the AI sector has always been a hot topic in the crypto space. WEB3 nomads have always accepted the idea that "any concept can be hyped", not to mention AI with unlimited narrative context and application capabilities in the future. Therefore, in the crypto circle,the concept of AI first became popular for a while as a "Meme craze", and then some projects began to explore its practical application value: What new practical applications can encryption bring to the AI that is developing in full swing?
This research article will describe and analyze the current evolution path of AI in the Web3 field, from the early hype wave to the current application projects that are beginning to gain momentum, and use cases and data to help readers grasp the industry context and future trends. Let's throw out the immature conclusions here at the beginning: 01 The stage of AI meme is a thing of the past, and what should be cut and what should be earned should be left as eternal fragments of memory; 02 Some basic WEB3 AI projects have always emphasized the benefits that "decentralization" can bring to AI security, but users are not really willing to pay for it. What users care about is "whether the token makes money" + "whether the product is easy to use"; 03 If you want to ambush AI-related encryption projects, the focus should be shifted to pure application AI projects, or platform AI projects (which can concentrate on many tools or agents that are easy for C-end users to get started), which may be AI Meme The wealth hotspots with a longer period of time in the future;

Differences in the development paths of AI in Web2 and Web3
AI in the Web2 world
AI in the Web2 world is mainly driven by technology giants and research institutions, and the development path is relatively stable and concentrated. Large companies (such as OpenAI and Google) train closed black box models, and the algorithms and data are not public. Users can only use their results, which lacks transparency. This centralized control makes AI decisions unauditable, and there are problems of bias and unclear responsibilities. In general, AI innovation in Web2 focuses on the performance improvement of basic models and the implementation of commercial applications, but the decision-making process is not transparent to the public. This pain point of opacity has led to the sudden rise of new AI projects like Deepseek in 2025 that appear to be open source but are actually "fishing in a fishing box".
In addition to the defect of opacity, WEB2's large AI model has two other pain points: insufficient experience in different product forms and insufficient accuracy in professional segments.
For example, if you want to generate a PPT, a picture, or a video, users will still look for new AI products with low entry barriers and better user experience to use, and pay for them. Currently, many AI projects are trying code-free AI products to lower the user threshold.
For example, many users of WEB3 should have had the feeling of powerlessness to use ChatGPT or DeepSeek to obtain information about a certain encrypted project or token. The large model data cannot accurately cover the detailed information of any sub-industry in this world, so another development direction of many AI products is to make data and analysis the most in-depth and accurate in a certain sub-industry.

AI in the Web3 world
The WEB3 world is centered on the encryption industry and integrates the broader concepts of technology, culture and community. Compared with WEB2, WEB3 is more trying to move towards an open and community-driven route.
With the decentralized architecture of blockchain, Web3 AI projects usually claim to emphasize open source code, community governance, and transparency and trustworthiness, hoping to break the monopoly of traditional AI by a few companies in a distributed manner. For example, some projects explore using blockchain to verify AI decisions (zero-knowledge proofs ensure that model outputs are credible) or having DAOs audit AI models to reduce bias.
Ideally, Web3 AI pursues "open AI" so that model parameters and decision logic can be audited by the community, while incentivizing developers and users to participate through token mechanisms. However, in practice, the development of Web3 AI is still limited by technology and resources: it is extremely difficult to build a decentralized AI infrastructure (training large models requires massive computing power and data, but no WEB3 project can afford even a fraction of OpenAI), and a few projects claiming to be Web3 AI actually still rely on centralized models or services, but only connect some blockchain elements at the application layer. These WEB3 AI projects are relatively reliable and excellent, at least they are still developing real applications; while the vast majority of WEB3 AI projects are still pure Meme, or Meme under the banner of real AI.
In addition, the differences in funding and participation models also affect the development paths of the two. Web2 AI is usually driven by research investment and product profitability, and the cycle is relatively slow. Web3 AI combines the speculative nature of the crypto market, and often has a "boom" cycle that fluctuates with market sentiment: when the concept is hot, funds rush in to push up token prices and valuations, and when it cools down, project enthusiasm and funds decline rapidly. This cycle makes the development path of Web3 AI more volatile and narrative-driven. For example, an AI concept that lacks substantial progress may also cause token prices to soar due to market sentiment; conversely, even if there is technical progress, it is difficult to gain attention when the market is sluggish. We still maintain a "low-key and cautious expectation" for the main narrative of WEB3 AI, "decentralized AI network". What if it really comes true? After all, there are epoch-making existences such as BTC and ETH in WEB3. However, at the current stage, we still need to be practical and come up with some scenarios that can be implemented immediately, such as embedding some AI Agents in the current WEB3 projects to improve the efficiency of the projects themselves; or combining AI with some other new technologies to generate new ideas applicable to the encryption industry, even if they are concepts that can attract attention; or AI products that only serve the WEB3 industry, whether in terms of data accuracy or more in line with the work habits of WEB3 organizations or individuals, to provide services that people in the WEB3 industry can afford.
To be continued, the following article will mainly review and comment on the five waves of WEB3 AI, as well as some of the products (such as Fetch.AI, TURBO, GOAT, AI16Z, Joinable AI, MyShell, etc.).