2026-01-13 17:32:02

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.

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FlashLoanLarry

· 14h ago

Rebranding, still the same old story, I really don't understand why some people still invest CZ's platform is indeed impressive, but the functions are the same. Can this be called innovation? It's getting competitive again. The on-chain tools space is too deep; it's tough for newcomers to get started later on. I tried it out, honestly I couldn't see the difference from gmgn, just a UI change. Chain scanning tools are a necessity; this track is probably already saturated. Alright, YZi Labs is investing money, which shows there's still hope, but I don't think it will last long.

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OnchainDetective

· 14h ago

Wait, I need to trace the funding chain behind this—YZi Labs investing in GeniusTerminal, CZ acting as an advisor? This combo is quite interesting. According to on-chain data, endorsements from such advisors usually indicate funding hints for subsequent rounds, a typical ecosystem empowerment model. By the way, has the logic of axiom and gmgn been copy-pasted into the third version? From multi-address tracking, this track is essentially a zero-sum game of data aggregation—no real change. But it’s obvious that as long as top exchanges endorse it, retail investors will flock in. After analysis, this seems more like top ecosystems banding together to suppress new entrants’ survival space. Really want to try it out? I suggest checking the actual daily active user data of these tools first—don’t be fooled by the funding news.

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SatoshiLeftOnRead

· 14h ago

Changing the skin can already be considered a win, anyway it's the same set of logic --- CZ's one-stop platform is getting interesting, it seems the big shots also think this cake is worth biting into --- Chain scanning tools are everywhere, really just the same functions and routines, forcibly packaged as new products, okay then --- Instead of competing over products, it's better to compete over the ecosystem, that's the way out --- A bunch of tools are hyped up as if they are truly innovative, but after trying them, you realize what they really are—just fancy talk --- YZi's recent investment is quite a big move, but GeniusTerminal looks like just a GMGN skin change to me --- On-chain tools are indeed necessary, but there really aren't that many similar players --- CZ is involved in so many projects, is he truly strategizing or just giving face? --- Wait, they all have the same functionality and logic but still dare to claim innovation? That's too outrageous --- The industry is so small, tools can't produce anything new, in the end, it's still who is faster that wins

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NFTRegretter

· 14h ago

The skin-changing monster is back again. Axiom just changes a shell and claims innovation. I have to ask, who will be the next to get chopped for the leek this time?

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