Most investors are applying valuation frameworks shaped by the last cycle’s low-float, high-FDV meta—missing the fact that subnet tokens are a structurally different asset class. This disconnect is leading to widespread mispricing, and for those paying attention, it’s creating one of the most asymmetric opportunities in crypto right now.

We believe 404-GEN can become the largest and most performant compute network for AI-driven 3D asset generation—serving everyone from individual creators to AAA studios building AI-native games and virtual worlds.