I haven't seen any interesting projects on the chain today. Let's chat about DUPE and have some fun for everyone. Remember, the following are all romances, don't take them seriously. 108 days ago, http://clout.me This platform has emerged, founded by Ben Pasternak @ masternak and backed by Alliance @ alliancedao. That's right, Alliance is the driving force behind the investment and incubation of Pumpfun and Moonshot, which can be said to be the asset issuance and trading platform on Sol in this round. As soon as Clout came out, a complete product was launched on the Apple App Store. Although the product experience was poor, the PASTERNAK coin caused market hype and reached a market value of over 80 million US dollars. However, due to product issues, various FUDs were encountered, causing the coin price to plummet and eventually reach zero. Actually, the project team took a big cut. Although he made a cut, Ben had strong resilience (not satisfied, wanting to cut a bigger one) and did not give up the idea of an asset issuance platform (key cannot be explained to Alliance). He speculated that he met Nikita Bier @ nikitabier through Alliance, who is quite influential in user growth and AI fields. He also understands Web 3 and has always wanted to combine Web 3 with real user scenarios. Therefore, the two of them hit it off and decided to create an asset issuance platform that is different from Pumpfun: the founder must be a real name platform project, and the project needs to be innovative, preferably combining with Web 2. So, Ben came up with Believe: replying to any tweet with @ launchcoin+name can send coins, but the founder is required to submit their ideas with their real name and pass the review before they can access the Believe app's trading channel. The above is the general background. After the platform came out, who was asked to issue coins? Nikita thought of DUPE. Previously, she worked on user growth for DUPE and became one of the project's founders. So what does DUPE do? The following information is shared by @ bitfool1 in the group chat: Http://(Dupe. com) is an online platform that helps users find similar products at lower prices (i.e. "dupe", meaning "counterfeit" or "substitute"). It uses image recognition technology and product search functionality to allow users to input pictures or links of products (such as furniture, clothing, or household items), and then return similar looking but more affordable alternatives, typically from well-known retailers. This platform focuses on "high cost-effective shopping", especially in the fields of furniture and home decoration, which has attracted attention. In short, it is a furniture and clothing comparison platform. The website traffic is expected to grow rapidly in 2024 (from 88000 to 670000), indicating an increase in user interest, but the specific number of users cannot be quantified. In terms of transaction volume, the "tens of millions of dollars GMV" mentioned in X's post lacks credibility. Although http://(Dupe. com) has gained a lot of attention in the short term, its long-term impact and market stability still need to be observed. Some comments point out that its technology is similar to Google Lens and faces challenges from large competitors such as Google Shopping and Wayfair. Financing Details Financing amount: 5.5 million US dollars (specific round not disclosed, may be seed round or early stage financing). Investors: PitchBook mentioned Abstract Ventures, Detroit Venture Partners, Abstract (multimedia and design software field), Combine, and Designer Fund as five of the investment institutions, with seven others not listed in detail. Time: The specific financing time is not specified in the public data, but given that the company was established in 2021, the financing may occur between 2021 and 2023. Purpose: Financing may be used for technology development (image recognition and search algorithms), marketing (especially viral marketing on social media platforms such as TikTok), and team expansion (currently the company has a size of 10 people). From the perspectives of Nikita and Ben, DUPE is very suitable to become a leading project on the Believe platform: the project is related to AI, has real data from Web 2, and the product is innovative but has encountered development bottlenecks. If we can find a way to combine with Web 3, can we find a way out that can not only help investors solve problems, but also increase the competitiveness of the product and find a new way out. Once such benchmarks are successful, there are still many AI projects like Web 2. Can they all be replicated? The probability of success for Believe platform is very high. Just say it and do it. To be on the safe side, they even found someone to issue SUPFRIEND and test the new product. However, they found it difficult to directly send coins and grab chips through the founder's Twitter account. So they had DUPE's official Twitter account release DUPE through Believe, bypassing most of the Twitter monitoring related to Web 3 and successfully grabbing most of the chips. However, due to the insufficient control of chips, the project team conducted various simulations in the early stages to attract more funds. Firstly, Nikita said it has nothing to do with DUPE, and then Bobby said they don't hold any DUPE and have raised the coin price FUD to 800k. Of course, it could also be to prevent legal risks in the United States. In short, the coin price has fallen and the chips have been collected. After absorbing enough chips, I started to scale up and truly integrated DUPE into the original product system, becoming the first Web 3 AI project that combines with Web 2 and has practical effects! The economic system is shown in the following figure: If everything is ready, then it will be easy and natural to pull platform coins and DUPE. Due to DUPE's excellent control over fundraising, they told an unexpected story, and hired a black man to carry the sedan chair. In one night, they were pulled from 6m to 24m. By the way, the PASTERNAK token has been renamed and is now called LAUNCHCOIN. As for how the plot will unfold next, viewers, please give us a reward first, and we will continue with the discussion.