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Is a Web3 wallet from a leading exchange also starting to get involved? YZi Labs recently invested in GeniusTerminal. I just finished reviewing the product design, and honestly, it's just a new version of chain scanning tools like axiom and gmgn, with almost identical functionality and logic. What's more interesting is that CZ is serving as an advisor for this project, which sends a pretty strong signal.
Does this mean that the on-chain tools track is really about to usher in a new wave of competition? Chain scanning, data aggregation, and similar tools are essential for on-chain operations, and major ecosystem participants all want a piece of the pie.
It feels like there are still many opportunities in the on-chain tools market, worth a deeper look. If you're interested in this kind of innovative project, you can try it out first to see whether it's truly innovative or just a rehash of old tricks.