I have been watching the popular Belive platform recently and feel like I have missed another era. After researching it, I would like to share my opinion: At present, Belive's greatest value lies in the supply side, by creating a narrative that attracts web2 projects to web3 for coin issuance, thus distinguishing itself from the current situation of low-quality air meme spamming at other meme launch sites and quickly gaining the attention of users. Therefore, in addition to platform coins, the Belive platform has also seen multiple high market value projects, which indeed have much higher earning effects than pumpfun and bonk. Due to missing out on previous opportunities, I am more concerned about the sustainability of this platform. Although Belive has introduced some high-quality dev, it is essentially a platform where everyone can participate in coin issuance. Belive's reputation has already been established, and it takes effort to screen high-quality projects. It remains to be seen whether other web2 teams can gradually come and invest and build on it in the future. Compared to others, I think Virtuals is more mature in terms of its underlying AI framework, launch fairness, economic model, lock up mechanism, community airdrop mechanism, and points model, and it is constantly improving. But there are also problems with Virtuals, which are that it is difficult to obtain early chips, and the market value may continue to decline after the project opens. At present, it is more suitable for scorers and long-term gold diggers. belive virtuals