Meme or previous DeFi or public chains, funding can determine the ultimate success or failure of tokens with greater priority. Because the projects themselves will not change the industry much, it is merely a game of capital chips among the crowd. The first-mover advantage will allow the winner to take all.
But AI is not like this.
Strong players like Apple, Microsoft, Tesla, Amazon, and Google are all richer than each other, and each has a larger market share.
But none have ultimately created an AI product like ChatGPT.
On-chain AI is the same; in the early stages, it relies on funding, but in the later stages, it ultimately depends on whose AI product can truly be useful and revolutionary in helping everyone, who is actually coding, and who excels more, which is unrelated to funding.
So anything is possible!
The outcome between Swarms and AI16z cannot be judged solely by market capitalization!