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Recently, industry insiders revealed that Jason Zhao, the co-founder of the Story project, announced a major decision. He will step down from his current full-time position to take on the role of strategic advisor. At the same time, Zhao also disclosed his next plan—to fully devote himself to a new artificial intelligence project called Poseidon.
Zhao reflected on his 3.5 years journey at Story in a statement, calling it one of the most valuable experiences of his career. He also revealed that the Story project has successfully raised over $130 million in funding, demonstrating the project's development potential and market recognition.
However, Zhao's decision has sparked considerable controversy within the community. Many community members have expressed concerns about the actual progress and long-term prospects of the Story project. Some comments have pointed out that despite the substantial scale of financing, Story seems to lack concrete product implementation and a clear long-term value proposition.
What is even more remarkable is that Zhao chose to announce this decision shortly after the Token Generation Event (TGE), which has raised some questions about the future technological roadmap and ecosystem development of the project. Some believe that the core team members turning to a new project at such a critical moment could bring uncertainty to Story's subsequent development.
Nevertheless, Zhao's decision to transition to the artificial intelligence field also reflects the current trends in the technology industry. With the rapid development of AI technology, more and more entrepreneurs and developers are turning their attention to this promising field. The specific details of the Poseidon project have not yet been made public, but the industry generally anticipates that it will bring new breakthroughs and innovations to the AI sector.
This event has also sparked people's thoughts on the sustainable development of blockchain projects. How to maintain the long-term value of projects in a rapidly changing market, and how to balance innovation with stability, are important issues faced by the industry. In any case, Zhao's decision will undoubtedly have a profound impact on the Story project and the entire blockchain ecosystem, and we will continue to monitor the developments.