PANews reported on March 19 that Jocy Lin, founder of IOSG Ventures, said in a post that recently some core developers of portfolio projects have left the crypto industry to start AI businesses. He pointed out that the current crypto industry is overly focused on short-term meme effects and ignores the creation of long-term value, which may lead to more outstanding talents flowing into the AI field, and these people will find it difficult to return to the cryptocurrency circle after shining in the AI industry.

Jocy emphasized that the goal of many entrepreneurs and developers is not only wealth, but to change the world through innovation. However, if the industry environment no longer pursues ideals and values, these people will gradually leave. He called on exchanges and investment institutions to encourage pragmatic innovation and focus on long-termism rather than speculative quick money to avoid the entire industry falling into a negative cycle. He believes that the crypto industry still has creativity, but it needs more responsible ecological support.