[{"type":"paragraph","children":[{"text":"Surf AI, which recently completed a $15 million financing, has chosen a path of \"anti-crypto normality\": "},{"text":"Instead of publishing tokens, it adopts a traditional SaaS subscription model ","bold":true},{"text":"(monthly fee of $15-399). This may reveal a new direction in the AI + crypto track."},{"text":"Key points of its business model:","bold":true}]},{"type":"numbered-list","children":[{"type":"list-item","children":[{"text":"Targeting Definitive Demand: ","bold":true},{"text":"Solving the "},{"text":"rigid information needs ","bold":true},{"text":"of crypto traders and researchers, directly creating income, rather than relying on token speculation."}]},{"type":"list-item","children":[{"text":"Institutional Market Priority: ","bold":true},{"text":"By providing enterprise-level functions such as SOC2 compliance and exclusive deployment (Surf Enterprise), it focuses on serving "},{"text":"institutional customers who are willing to pay ","bold":true},{"text":", which is the basis for its realization of millions of dollars in ARR."}]},{"type":"list-item","children":[{"text":"Benchmarking general AI: ","bold":true},{"text":"Its direct competitors are "},{"text":"ChatGPT, Perplexity, etc. ","bold":true},{"text":", aiming to become the \"default AI entrance\" in the encryption vertical field."}]}]},{"type":"paragraph","children":[{"text":"Thinking: ","bold":true},{"text":"If more crypto projects return to the traditional business logic of \"solving practical problems - charging service fees\", does it mean that the industry is entering a more pragmatic stage?"}]},{"type":"paragraph","children":[{"text":"Business model and financing details ","bold":true},{"text":": "},{"type":"link","url":"https://blog.ju.com/surf-ai-crypto-research-platform/?utm_source=blog","children":[{"text":"https://blog.ju.com/surf-ai-crypto-research-platform/?utm_source=blog"}]},{"text":"\n"},{"type":"topic","character":"SaaS","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Subscriptionbased","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"BusinessModel","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"PanteraCapital","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Startup","children":[{"text":""}]},{"text":" "}]}]