In the previous cycle, I invested in many Web3 music projects at the first and second levels, including Opulous, Royal, etc., with similar ideas, all attempting to disrupt the traditional music industry's profit distribution chain through technologies or means such as smart contracts and NFTs, such as Opulous' music copyright NFT and future income loans. All the results without exception failed. The fundamental reason for the failure is that these attempts underestimated the vested interest protection ability of the music industry, and could only be limited to the edge before the triple iron walls of copyright laws, economic incentives, and user habits. With the evolution of AI technology, the traditional music industry is now facing challengers. And this time, AI music is directed towards a more core and deadly aspect - music content creation. Typical projects such as @ FireverseV (officially announced to launch Binance Alpha). Compared to traditional music, the core advantages of AI music are: Low tech threshold: Platforms such as Fireverse allow ordinary users to generate complete songs through text prompts, taking only a few minutes from idea to finished product (traditional processes take at least several months). Official data shows that the number of AI music generated by the Fireverse platform has exceeded 500000. Scale validation: Heart on My Sleeve has achieved over 20 million cross platform views; The Velvet Sundown reached over 1 million monthly active listeners within 5 weeks (in contrast, the Fireverse platform still lacks support for popular AI music works). Let's talk about something that everyone is interested in below. 1/FIR valuation In February 2025, Fireverse announced the completion of a $2.5 million Series A funding round. This round of financing is jointly led by Nobody and OKX Ventures, with support from institutions such as BingX Labs, GateLabs, Chain Capital, etc. The financing valuation is 30 million US dollars. In addition, the average valuation of Binance Alpha projects is between $50 million and $100 million. At present, the AI music track is not very hot, and FIR's FDV is estimated to fall in the range of 50-100 million, with not much premium. 2/Throwing pressure According to FIR token economics, the token lock up for teams and institutions is one year: Private investment (20%): lock up for one year Team (10%): Locked for one year Advisor (5%): Lock up for six months The opening selling pressure comes more from community airdrops, exchange benefits, and market maker liquidity. 3/Ambush angle FireVibe Pass NFT https://(((medium.com)))/@fireverse/firevibe-pass-nft-own-it-earn-more-go-further-35e2a934a38c FireTrack NFT https://(((medium.com)))/@fireverse/introducing-firetrack-nft-rank-earn-get-noticed-own-your-sound-43fe48705ab2 Fireverse OG NFT https://(((medium.com)))/@fireverse/fireverse-og-nft-is-live-claim-your-legacy-2ed74ecf0fc5 Among them, FireVibe Pass can be obtained by logging into the platform; Firetrack requires users to use platform AI tools to generate music; OG adopts a whitelist system and specifies airdrops.