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✨Big News in AI: Fetch.ai, Ocean Protocol, and SingularityNET Merge into Artificial Superintelligence (ASI)!💵💰 This $7.6 billion ground-breaking AI alliance launches a new #ASI token to challenge Big Tech centralised control.🤑 In a pioneering move, three AI powerhouses—SingularityNET, Fetch.ai, and Ocean Protocol—have teamed up to create the Artificial Superintelligence Alliance. This alliance, valued at a staggering $7.6 billion as of March 26, 2024, marks a significant shift towards decentralized AI, challenging the dominance of Big Tech. The brains behind this alliance are none other than Dr. Ben Goertzel of SNET, Humayun Sheikh of Fetch.ai, and Trent McConaghy of Ocean Protocol. Their vision? To democratize AI and shift control away from centralized authorities, ensuring a more transparent & ethical AI ecosystem. If approved by the respective communities, the merger of $FET , $OCEAN , & $AGIX tokens into a single ASI token will occur at specified conversion rates and fuel a massive decentralized AI network, paving the way for advancements in Artificial General Intelligence (AGI). This alliance so compelling for 3 reasons? Firstly, it comes at a time of unprecedented growth for AI projects. Secondly, it creates a scalable infrastructure for ethical and trustworthy AI practices, leveraging blockchain technology to open up AI systems. Lastly, it accelerates investment into AGI, bringing cutting-edge AI platforms and large databases to the forefront. Bruce Pon, CEO of Ocean Protocol, believes this merger will deliver on the promise of decentralized technologies on a global scale. The unified $ASI token will serve as the backbone of the machine economy, securing the public network and facilitating data access and computation without traditional banking rails. In terms of governance, a council comprising leaders from SNET, Fetch.ai, and Ocean Protocol will oversee operations. However, the three organizations will continue to operate independently, collaborating closely within the $ASI tokenomic ecosystem. #BTC #HotTrends #TrendingTopic #FET

✨Big News in AI: Fetch.ai, Ocean Protocol, and SingularityNET Merge into Artificial Superintelligence (ASI)!💵💰

This $7.6 billion ground-breaking AI alliance launches a new #ASI token to challenge Big Tech centralised control.🤑

In a pioneering move, three AI powerhouses—SingularityNET, Fetch.ai, and Ocean Protocol—have teamed up to create the Artificial Superintelligence Alliance. This alliance, valued at a staggering $7.6 billion as of March 26, 2024, marks a significant shift towards decentralized AI, challenging the dominance of Big Tech.

The brains behind this alliance are none other than Dr. Ben Goertzel of SNET, Humayun Sheikh of Fetch.ai, and Trent McConaghy of Ocean Protocol. Their vision? To democratize AI and shift control away from centralized authorities, ensuring a more transparent & ethical AI ecosystem.

If approved by the respective communities, the merger of $FET , $OCEAN , & $AGIX tokens into a single ASI token will occur at specified conversion rates and fuel a massive decentralized AI network, paving the way for advancements in Artificial General Intelligence (AGI).

This alliance so compelling for 3 reasons? Firstly, it comes at a time of unprecedented growth for AI projects. Secondly, it creates a scalable infrastructure for ethical and trustworthy AI practices, leveraging blockchain technology to open up AI systems. Lastly, it accelerates investment into AGI, bringing cutting-edge AI platforms and large databases to the forefront.

Bruce Pon, CEO of Ocean Protocol, believes this merger will deliver on the promise of decentralized technologies on a global scale. The unified $ASI token will serve as the backbone of the machine economy, securing the public network and facilitating data access and computation without traditional banking rails.

In terms of governance, a council comprising leaders from SNET, Fetch.ai, and Ocean Protocol will oversee operations. However, the three organizations will continue to operate independently, collaborating closely within the $ASI tokenomic ecosystem.

#BTC #HotTrends #TrendingTopic #FET

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👇Don't FOMO into Runes on the Bitcoin Network! At Least, Not Yet.🤷😅 As 68% of Runes are currently in the red, critics are starting to question their value. Bitcoin Runes, the latest sensation in crypto, has had a rocky start despite the initial hype surrounding its launch. Coinciding with the recent Bitcoin halving, Runes promised a new level of functionality for the Bitcoin network and attracted attention for its potential to bring memecoins to Bitcoin. However, the buzz has quickly turned to concern as the majority of Runes are now losing value. On 20 April, Bitcoin experienced its halving, but this year, Runes shared the spotlight, creating excitement about the potential for memecoins and decentralized finance (DeFi) on the Bitcoin network. Unfortunately, the Runes launch also brought record-high transaction fees, causing headaches for many Bitcoin users. While miners saw a revenue bump from increased transaction fees, investors didn't fare as well. OKX data shows that the top 50 Runes by number of holders are down by an average of 30% as of April 29, with 34 out of 50 in the red. This downturn has sparked questions about whether Runes is truly an upgrade for Bitcoin or just a passing fad. Despite the downturn, some supporters believe in its long-term potential. They argue that Runes could evolve into a valuable protocol that offers improved trading experiences & broader adoption within the Bitcoin ecosystem, including enabling users to tokenize RWA such as real estate, stocks, commodities, and even stablecoins. While the initial excitement was driven by memecoins, Runes could be a gateway to broader use cases in the Bitcoin ecosystem. Eg, bridge the gap between Bitcoin and other DeFi platforms like Ethereum and Solana, and also offer a more efficient & streamlined approach to creating fungible tokens on Bitcoin. Even with the current challenges, Runes infrastructure is still in its early stages, with improvements on the way that could lead to better user experience. Are Bitcoin Runes a Bust or do you see some potential? #MarketSentimentToday
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🚀Strong Bullish Case for Bitcoin As It Breaks Record with 1.6 Million Confirmed Payments in a Single Day!💰💵 The Bitcoin network just set a new milestone by processing 1.6 million confirmed payments on April 23, showing the growing adoption of Bitcoin (BTC) for everyday transactions. This surge came just days after the network entered a new halving cycle on April 20. Blockchain.com and Glassnode data indicate that this record-breaking day coincided with the rise of Bitcoin Runes, an alternative to Bitcoin Ordinals and the BRC-20 protocol. On April 23, Runes accounted for a whopping 81.3% of all Bitcoin transactions, demonstrating their impact on the network's activity. However, the balance quickly shifted back to traditional BTC transactions. By April 29, BTC regained dominance with 77.8% of all transactions, while Runes dropped to 18.8%. Other transactions on the Bitcoin network, like Ordinals and BRC-20, represented smaller portions. Bitcoin Runes have not only increased transaction activity but also benefited the mining industry. U.S.-based mining firms like Stronghold Digital Mining and Marathon confirmed that Runes positively impacted both financial returns and network functionality. Since the latest Bitcoin halving, Rune transactions have added over 1,200 BTC in transaction fees to miners. Despite the initial hype around Runes, some analysts suggest caution. Ignas, a pseudonymous decentralized finance (DeFi) researcher, noted in an April 17 X post that the market could cool off, comparing the current frenzy to the NFT craze after the post-JPEG reveal. While the excitement around Runes might be fading, they still offer a new level of utility and potential in the evolving Bitcoin ecosystem. Lemme know in the comments if it's all fugazi or hype in your opinion.👇 #BTC #Memecoins #BullorBear #HKETF #Megadrop $BTC $ETH $BNB
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Messari Reports Says These RWA Protocols To Hit $8 Billion TVL Milestone! The tokenization of real-world assets (RWA) is exploding, with the total value locked (TVL) in this sector reaching new heights. According to blockchain analytics and research firm Messari, the TVL for RWA protocols soared to nearly $8 billion by April 26. This represents a massive 60% increase since February. Messari notes that this rapid growth has been fueled by a preference for debt-based, high-yield investments. The $8 billion figure excludes fiat-backed stablecoins like Tether and USD Coin, focusing on carry trade protocols, underwriting, yield-bearing stablecoins, commodities, securities, and real estate tokenization protocols. DeFiLlama's analysis supports this trend, recording a 700% growth in RWA protocol TVL since January 2023. The growth isn't just in TVL; there's also a significant surge in the number of active users. According to Dune Analytics, RWA protocols like Toucan, KlimaDAO, and Propy are attracting more users, indicating a growing interest from smaller retail investors. Tokenized Treasuries are also making waves, with a record $1.29 billion locked in tokenized U.S. Treasuries and bonds. This figure has surged by 80% since the beginning of 2024, driven by protocols like Securitize and Ondo. BlackRock's Institutional Digital Liquidity Fund (BUIDL) on Ethereum has become the world's largest tokenized treasury fund, while the Franklin OnChain U.S. Government Money Fund (FOBXX) has also contributed significantly to the RWA sector's growth. Some of the hottest RWA Protocols include: 👉Toucan Protocol 👉Clearpool 👉Elysia 👉TrueFi 👉Maple Finance 👉Swarm Markets 👉Defactor 👉Ondo 👉Mantra 👉Pendle 👉Propy 👉Klimadao 👉Goldfinch 👉Curio With RWAs on the rise and blockchain-based tokenization gaining momentum, the sector's future looks promising. Stay tuned as these protocols continue to reshape traditional financial markets with innovative on-chain solutions. #HKETF #Megadrop #BinanceLaunchpool #BullorBear #Fed $BTC $ETH $BNB
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💥BlackRock's BUIDL Emerges as Global Leader in RWA Tokenized Treasury Funds - Hits $375M, Surpassing Franklin Templeton's BENJI!🤑 Here's why this matters and how you can ride the jamboree to make a ton of money. BlackRock's BUIDL, a new player in the tokenized treasury fund market, has quickly claimed the top spot, surpassing Franklin Templeton's BENJI fund in just six weeks. According to Dune Analytics, BUIDL's market cap surged to $375 million this week, outpacing BENJI's $368 million. This growth came as BUIDL attracted $70 million last week, with $50 million from Ondo Finance's OUSG token, a real-world asset tokenization firm. While BUIDL's assets under management (AUM) are on the rise, BENJI's dropped by 3.7% over the same timeframe. Blockchain-based tokenization of real-world assets is gaining traction, with more than $1.2 billion worth of U.S. Treasurys now on Ethereum, Polygon, Solana, and other blockchains. BlackRock CEO Larry Fink believes tokenization could improve the efficiency of capital markets, making them more accessible and transparent. Despite the hype, investor demand for tokenized products is still low. According to 21.co's Tom Wan, liquidity issues create a "chicken and egg problem," with issuers hesitant to tokenize without strong demand. However, Wan notes that the $140 billion stablecoin market already relies on U.S. Treasurys, suggesting a potential shift to tokenized assets in the future. Currently, tokenized government securities make up only 1.4% of total tokenized assets, but Wan predicts this could reach 10% in the coming years. Boston Consulting Group estimates that by 2030, the blockchain-based tokenization market could hit $16 trillion. As BlackRock's BUIDL blazes a trail in the world of tokenized treasury funds, it's clear that the industry is poised for significant growth, with the potential to reshape the financial landscape. Keep an eye on this space for more developments! #HKETF #Megadrop #BinanceLaunchpool #Fed #BullorBear $BTC $ETH $BNB
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💥Solana Memecoin Skyrockets to $320 Trillion Market Cap! Bonk Killer's Trillion-dollar Fraud 👀 Solana-based memecoins have seen spectacular gains this cycle, but not all is as it seems. Some investors are scoring big, while others are falling victim to scams. The latest frenzy revolves around Bonk Killer (BONKKILLER), a token that shot up to a staggering $320 trillion market cap within hours of launching—but there's a catch. BONKKILLER caught the crypto world's attention with its sky-high market cap. But here's the truth: it's a honeypot scam. SolanaFloor reported that the token's creator activated a "freeze authority," locking investors' tokens and preventing them from cashing out. This manipulation pushed the market cap through the roof, creating a misleading valuation. The scammer behind BONKKILLER seized the opportunity to cash in, swiping nearly half a million dollars in BONKKILLER and SOL tokens. They held over 90% of the token's supply and withdrew around 30,500 BONKKILLER and 1,561 SOL, worth about $420,000. Despite warnings, some investors continued buying, with $40,000 spent on the token in just 12 hours. The Rising Risk of Solana Memecoins This isn't an isolated incident. Memecoins on Solana are notorious for their volatility and risks. In the last month alone, 12 projects vanished after their creators abandoned them, resulting in a total loss of $27 million for investors. It's a stark reminder that, while the promise of high returns is tempting, thorough research and caution are crucial. Before diving into the next big memecoin, make sure to investigate its background, check for warning signs, and consider whether the risk is worth the potential reward. The BONKKILLER scam serves as a wake-up call to the crypto community: be aware, be cautious, and don't let the lure of massive profits cloud your judgment. #HKETF #BitcoinETFs #fomc #ScamRiskWarning #Megadrop $SHIB $PEPE $WIF
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