Web3 AI Assistant Project Brian Announces Shutdown

According to a report by Jinse Finance, the Web3 transaction building tool "Brian" has officially announced the termination of its operations. The project began at the ETHPrague hackathon in June 2023, aiming to convert text instructions into blockchain transactions through AI, and had won several awards and pre-seed investments. Despite undergoing closed testing, public testing, and official release phases, Brian lost its first-mover advantage with the rise of AI agents. The founding team stated that investors were overly focused on token issuance and speculation rather than actual application value, leading to the project's failure to complete seed round financing. The team decided to return the remaining funds and close the project.