AIxCrypto Weekly Report: $DEAI doubled within a day after completing LBP; $RNDR benchmark concept continues to rise

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Joyce
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24-03-22 19:44
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This week, the Nvidia GTC conference news that supports the popularity of the AI sector has been good. In addition to this conference, there are other developments worthy of attention in the AI+Crypto field. New projects based on the AI concept are still emerging. The quality is uneven, but the growth rate is very impressive.


The development of the AI sector has just begun. It seems that whether it is looking for Alpha projects with long-term development potential or relying on speed and information differences to hit the "local dog plate", Or if you follow a leading project to obtain stable income, you will have a good return on investment.


BlockBeats has compiled some noteworthy developments in the AI+Crypto field this week, as follows.


What are you talking about this week?


The much-anticipated NVIDIA GTC conference, Near Lianchuang attended


NVIDIA held this week The GTC conference is an important support for the Web3 AI sector to maintain high popularity in the past two months. The day before yesterday, Near co-founder Illia Polosukhin, one of the eight authors of the pioneering paper "Attention is All You Need" in the field of LLM, had a conversation with Jen-Hsun Huang to share his insights on AI models and technologies.



Related reading: "Huang Renxun talks with Transformer Seventh Son, Near Lianchuang attended


NEAR has increased by more than 200% in the past two months. However, with the convening of the NVIDIA conference and the benefits coming to fruition, the AI concept may boost Near slightly in the short term. Pause, NEAR has fallen nearly 25% in the past week.


However, after Near Lianchuang attended this NVIDIA GTC conference, Near’s AI potential has become the consensus of the community. Near’s AI-related actions in the past six months, such as NEAR Tasks and the AI Agent service in the ecosystem have also attracted the attention of the community. It is foreseeable that Near, an established public chain, will have a place in the AI sector in the future.


Related reading: "NEAR breaks through 8 US dollars, why can it catch up with AI?


The founder of Whales Market also played "pay to win airdrops" and launched the AI project gm.ai


Recently , the meme currency BOME caused a wave of "pay to win airdrop" meme craze. Unexpectedly, the founder of the decentralized OTC trading platform Whales Market also entered the market with a high profile. On the evening of March 18, founder dexter announced the start of the pre-sale of his AI project tokens on Solana. After the tweet was issued, 155,364 Sol (approximately US$32 million) was raised in just half an hour, and the pre-sale exceeded US$30 million. Hardtop.


Although the subsequent operation of founder dexter to transfer all the fundraising amount to Binance aroused doubts in the community, with the official announcement of the AI project gm.ai yesterday After the launch, dexter opened the pre-sale result query channel on Dune, and the community became curious. What will be special about this AI project that was prepared to go online in three days? According to official information, gm.ai will launch the beta version tomorrow (March 23), and the true appearance will be visible then.



Aethir nodes are for sale to the public. Sales exceeded US$65 million in 1 hour


The public sale of decentralized GPU cloud infrastructure Aethir nodes is also worthy of attention. The public sale of its "Check Node" began on the evening of March 20, with the starting price of each node starting at 0.1259 ETH and increasing gradually.


With the promotion of many KOLs, t1-t23 were all sold out within 1 hour after the public sale of Aethir nodes, with a total sales volume of more than 65 million US dollars. Yesterday, Aethir announced that 61,000 nodes had been sold within 24 hours of the public sale, with sales exceeding US$90 million.


According to reports, this batch of nodes will be installed and run in the second quarter of 2024. The checker nodes can receive incentives from the Aethir network’s native token $ATH, with a total 15% of the supply is used to reward checker nodes for helping to verify the uptime, latency, quality of service and computing power provided by other node participants.



As a Hashkey recipient Aethir was valued at US$150 million in July last year. This node public sale is just the beginning of Aethir, and its subsequent developments are still worth looking forward to.


Zero1 Labs benchmarked against Bittensor to complete LBP


On March 20, according to Fjord Foundry data, Zero1 Labs has raised US$10.78 million through the Liquidity Boot Pool (LBP) within 3 days. The FDV calculated based on the currency price at the end was US$167 million. A total of more than 3,000 addresses participated in this sale.


Zero1 is a decentralized artificial intelligence (DeAI) ecosystem based on PoS and focused on data governance. Zero1's narrative is more ambitious. According to reports, Zero1 will launch a comprehensive DeAI product suite to provide a secure, modular interconnection platform for DeAI tools and applications. These include an open platform called Keymaker that acts as a decentralized AppStore where developers and users can access various AI products manually or through APIs.


In the promotion, Zero1 is described as an AI product similar to Bittensor. The main point of comparison is that Bittensor provides an AI model incentive market, based on computing power and The quality of the model will give token incentives; Zero1 will build an AI Dapp incentive market and give token incentives based on the usage of the application.


With such expectations, the price of $DeAI continues to rise after the completion of the fundraising. As of the time of writing, the price is US$0.34, an increase of more than 100% since the launch, and the market value of Zero1 has exceeded US$300 million. Zero1 has also launched a staking system, and pledgers will enjoy the reward opportunities of its ecosystem. Currently, more than 16.8 million $DeAI has participated in the pledge.



Which AI projects are rising?


$BLENDR 50 times in 20 days


Blendr Network appeared in early March, and its positioning Similar to Render Network, it hopes to establish a decentralized GPU network for 3D rendering, digital creation and other fields. Its token $BLENDR has increased 50 times since its launch 20 days ago, and has increased by more than 90% in the past week.



According to reports, the Blendr ecosystem will achieve two core functions: First, by providing a distributed GPU computing network, users can complete complex rendering without having to own expensive hardware equipment. process. The second is to build a platform where developers can trade various algorithms, data sets and insights.


Many AI projects appeared in early March, and the positioning of Blendr Network is not special. However, it can be seen from the subsequent development that the quality of Blendr Network is slightly better. On March 18, Blendr Network announced the establishment of Blendr Global FZ-LLC entity in the United Arab Emirates. On March 20, Blendr announced a partnership with the leading data storage solution Cooperating with provider Seagate, through these developments, Blendr can receive more support than other AI projects that appeared at the same time and only had "NVIDIA Developer Program" dynamics.



Overraised 231 times, $YOURAI with 60 times return


$YOURAI is DAO Maker’s IDO project on March 19. It raised US$48 million in four days, overraising 231 times. Breaking DAO Maker's IDO history record.



According to reports, YOUR AI It is an AI protocol for e-commerce on Solana. Through streaming product pages, AI technology is used to create a store display for thousands of people. The protocol can be embedded into online store programs such as Shopify to cover global users. IDO broke the DAOMaker record. YOUR AI has launched AI Picasso, a groundbreaking model that leverages AI to fine-tune product content to match individual e-commerce shopper preferences.


The raising price of $YOURAI is around US$0.01. It exceeded US$0.6 this morning. Investors who are lucky enough to participate in the raising of $YOURAI can benefit from this rise. Returns up to 60 times.


AI+GameFi concept boosts $PRIME


BlockBeats in "Buff stacked, 12 "AI+GameFi" you should pay attention to Project" has introduced projects related to the AI+GameFi concept, including Parallel ($PRIME).


Last week, the science fiction-themed NFT card game Parallel will launch a new artificial intelligence game colony on Solana. In the game, artificial intelligence agents (AI agents) will be able to Make transactions autonomously and deposit assets into your own wallet.


Colony has not yet opened an independent social account. Parallel’s official Twitter released the colony white paper the day before yesterday. According to reports, Colony will serve as an important deployment of Echelon Prime Foundation in the Web3 game ecosystem. The Echelon Prime Foundation is dedicated to empowering a new generation of distributed Web3 games, providing a community-governed environment and shared resources built around Echelon’s $PRIME token and its smart contracts and gaming infrastructure.


$PRIME has increased by more than 100% in the past month. There has been some decline in recent days, but it still has a 25% increase this week.



Mainstream AI concept project dynamics


$TAO, which failed to hold on to $700


Bittensor ($TAO) is in the near future Trying to get a firm position at $700 a month, but it seems harder to accomplish. At the time of writing, Bittensor was quoted at $587, down 18% in the past two weeks. One possible reason for this is that after the innovative subnet mechanism pushed it to a market value of US$4 billion, Bittensor is facing problems such as fierce and closed ecological competition and lack of transaction infrastructure.


Related reading: "TAO, with a market value of US$4 billion, is it the Ethereum of AI or the new meme factory?


However, as the leading project in the AI sector, Bittensor’s developments are still worthy of attention.


On March 21, Tensorplex Labs, the liquidity staking protocol on Bittensor, completed a US$3 million seed round of financing. This round of financing was led by Canonical Crypto and Collab+Currency. The investment was attended by DCG, Quantstamp and Amber Group. Tensorplex Labs has launched stTAO, a Liquid Staked Derivative (LSD) ERC20 token that allows investors to participate in the TAO ecosystem and enjoy staking rewards without using a Substrate-compatible wallet.


In addition, Bittensor Subnet 8 Taoshi will launch a proprietary trading network (PTN) in the near future, which is of great significance to the mining tools in the Bittensor ecosystem; the liquidity re-staking agreement Sturdy Finance has also received community attention for announcing the creation of a test network and hoping to use Bittensor's AI potential to improve its profit plan.


Render Network after short-term positive news


This Monday, $RENDER broke through $13 to a record high, a 24-hour increase of 32%, possibly due to the good news of Nvidia's GTC conference.


Render founder Jules Urbach gave a speech titled "The Future of Rendering: Real-Time Ray Tracing, AI, Holographic Displays, and the Blockchain" during the GTC24 conference on March 20.


The founder shared part of the speech in Telegram


Related reading: "NVIDIA Conference opens tomorrow morning, market funds flow into AI sector again"


The good news of the conference quickly disappeared, and $RENDER returned to around $10 after the conference. However, Render is still continuing to expand partners and promote project development.


Recently, the Render Network community passed two proposals, announcing that the decentralized cloud service facility Exabits and the commodity computing protocol Prime Intellect have joined its computing clients. In addition, Render Network announced today that it has reached cooperation with OTOY, a company in the GPU computing field, Stability AI, an open source AI model generation company, and Endeavor, a media and entertainment company, to develop and standardize intellectual property, production workflows, and infrastructure technologies around emerging AI.


Since the beginning of the year, many AI projects worthy of attention have emerged, and BlockBeats will continue to pay attention and update them.


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