Think about it, in an era where AI is everywhere, what is most resistant to copying? The answer is very practical—it's people and real assets. Your code can be forked, your ideas can be replicated, but teams and institutions that control actual resources, have genuine user relationships, and manage real assets are hard to simply replace. This is especially meaningful for Web3 projects. Whether it's DeFi protocols, NFT platforms, or DAO organizations, the true moat is not in the code itself, but in community consensus, a genuine user base, and on-chain asset concentration. Projects that can establish dual anchors in both people and assets are more likely to survive in the AI competition era.