Platform’s NFT trading activity remains minimal
Justin Sun’s AINFT platform, which describes itself as “the largest NFT trading platform on TRON”, has recently shown some pretty worrying numbers. Despite Sun’s aggressive promotion on social media – he spoke about it several times throughout February – the market averaged a trading volume of around $6.24 per day.
This is not a typo. Six dollars and twenty-four cents a day.
When we look at the actual data, it becomes even more revealing. The platform’s main project over the past seven days saw just 156 TRX in volume, split between just two collections. At TRX’s current price of around $0.28, this translates to a weekly total of $43.68. Divide that by seven days and you get that daily average of $6.24.
Moving away from the core business of NFT
What’s interesting, perhaps troubling, is that AINFT appears to be moving away from its original NFT focus. The platform now emphasizes various artificial intelligence features. There is something called “BANK OF AI” which aims to make it easier for AI agents to use TRON and BNB Chain.
Then there is “AINFT Nova”, described as an AI agent launch platform where users can deploy AI agents and issue their dedicated tokens. But here’s the thing: this feature hasn’t been launched yet. The same goes for several other promised features: “AINFT Agent Framework” for multi-agent systems, “AINFT AgentTX” (an AI-based trading framework), and “AINFT Grid” for decentralized training of AI models.
Current functionality and token performance
They managed to embed a chatbot interface that claims to give access to models from OpenAI, Anthropic and Google. So there are at least some features.
But the symbolic performance tells a different story. The AINFT token has fallen by about a quarter over the past year, according to CoinGecko data. This doesn’t really inspire confidence in the direction or execution of the project.
There’s also this connection to the legal dispute between David Geffen and Sun over art purchases. Several transactions apparently centered on what was then called the APENFT Foundation. This adds another layer of complexity to the whole situation.
The promotion-reality gap
What strikes me is the gap between promotional activity and the actual performance of the platform. Sun published articles on AINFT regularly: six times on February 3 alone, then several times throughout the month. That’s a lot of attention for a platform earning $6 per day in volume.
I think what we’re seeing here is a common pattern in crypto: ambitious claims, frequent promotion, but actual usage that doesn’t match the hype. The move to AI features could be an attempt to pivot to something more current, but since most of these features are still in development, it’s hard to say if it will work.
The NFT market itself has cooled considerably since its peak, perhaps that is part of the context. Still, calling itself the largest NFT trading platform on TRON while doing $6 in daily volume seems… well, it feels like there’s some exaggeration.
Maybe AI features will eventually take off. Maybe the platform will find its place. But for now, the numbers speak for themselves and don’t say much.
