MOJO founder Forest Bai: Opinion is a niche project, YZi Labs is overly confident in its own incubation capabilities

Oct 4, 2026 18:36:53

MOJO founder Forest Bai commented on Opinion and YZi Labs on X. He stated that Opinion had received a batch of positive reviews in the primary market at that time, and some friends recommended it to him, but he still believes that the project belongs to a niche direction and is not particularly special. He also mentioned that by that stage, he had already demystified 99.9% of primary market projects; even with luxurious teams and financing, most projects merely cling to mediocre ideas, seeking very niche, self-indulgent markets, ultimately delivering outsourced-level products, not to mention that most projects' various elements are below mediocre levels.

Regarding YZi Labs, Forest Bai stated that the institution has top-notch relationships and deep capital in the industry but is overly confident in its ability to turn stone into gold through incubation. He acknowledged that the relevant arrangements can indeed lead to token listings and user distribution, but if the project's inherent value is limited, this is not empowerment but rather a consumption of its own resources. He also mentioned that successful cases of the incubator model worldwide are few and far between; any team with capability, integrity, and vision would not accept being undervalued and bound to an ecosystem for incubation.

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