Coin overview
IO
Ended--
Last price (USDT)
418.61K
24h total (USDT)
1.46M
Total vol (USDT)
2024-05-10 10:00:00 ~ 2024-06-11 11:30:00
Trading time (UTC+0)
2024-06-12 04:00:00
Delivery time (UTC+0)
Total supply800.00M
Resources
Introduction
IO.NET is the world’s largest decentralized AI computing network that allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost of comparable centralized services. io.net is uniquely capable of creating clusters of tens of thousands of GPUs, whether they are co-located or geo-distributed, while maintaining low latency for deployers.
O.XYZ Launches OSOL100 AI Index – The S&P 100 of Solana’s AI Ecosystem
Lahore, Pakistan, December 20th, 2024, Chainwire O.XYZ , the leading decentralized Super AI project, announces the launch of OSOL100 , a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme tokens, all through one easily managed and fully transparent investment tool. OSOL100 simplifies investment strategies while enhancing portfolio diversification. It tracks and represents the performance of the top 100 AI-focused projects within Solana’s thriving ecosystem, offering accessibility to the most promising developments. Each OSOL100 token functions as a decentralized share of the fund, hosted on DAOS.fun, providing proportional exposure to its assets. Launched by O.XYZ, OSOL100, OSOLDOCS aligns with the company’s mission to create the world’s first Sovereign Super AI — an AI owned and governed by the community to benefit humanity. Powered by SuperMissO, the first AI CEO in development, OSOL100 embodies O.XYZ’s vision of an autonomous, community-led future. OBOT token holders gain exclusive access to OSOL100, enhancing the value and utility of their existing holdings. About O.XYZ O.XYZ aims to reshape artificial intelligence by developing systems independent of corporate control. It focuses on making AI technology accessible, transparent, and community-driven, ensuring superintelligence serves humanity’s interests. O.XYZ’s technical foundation centers on building an AI ecosystem designed to be shutdown-resistant and self-led. Their key initiatives include developing ‘Sovereign Super intelligence,’ creating decentralized infrastructure, and researching hyper-fast AI systems. The project operates under the O.Systems Foundation, led by Ahmad Shadid. Shadid, who previously founded IO.NET– a $3B Solana DePIN — brings his experience to O.XYZ’s work on building an autonomous, community-led AI ecosystem. Contact VP Biz Dev Hassan Tariq O.XYZ [email protected]
Cardano Outlines Strategic Research Agenda for Blockchain Development Through 2030
Cardano’s research agenda prioritizes scaling Ouroboros for higher transaction throughput and efficient processing across a growing blockchain network. The Tokenomicon initiative explores flexible economic models, leveraging native assets and Babel fees for enhanced blockchain financial frameworks. Global Identity integration within Cardano aims to enhance transaction interoperability, governance functionality, and smart contract compatibility. Cardano, known for its scientific approach and peer-reviewed methodology, has announced its Strategic Research Agenda to guide blockchain advancements over the next decade. According to Input Output (IO), the research entity behind Cardano, the agenda highlights nine key thematic areas aimed at addressing critical challenges and opportunities in blockchain technology. To deliver on the full promise of blockchain, Input | Output Research is advancing a Strategic Research Agenda through 9 thematic focus areas. From scaling the Ouroboros protocol stack, to building a next-level identity and credential layer, and enabling seamless interchain… pic.twitter.com/RVzFEmOels — Input Output (@InputOutputHK) December 18, 2024 The announcement, shared on the official Input Output Research handle, sets a forward-looking vision for the Cardano ecosystem. The agenda begins with “The World’s Operating System,” an initiative to enhance Cardano’s infrastructure for efficient and secure smart contract development. The goal is to enable a robust framework that supports a broad range of decentralized applications (dApps) and services. Complementing this, the Ouroboros protocol stack will undergo scaling improvements to handle the increasing transaction volume as the Cardano network expands. Another focus area, Tokenomicon, targets the economic mechanisms within the blockchain. Cardano aims to optimize its tokenomics by researching the financial models that govern blockchain ecosystems. With features such as native user-defined assets and the Babel fee system, Cardano is positioning itself to explore flexible payment options and strengthen its economic framework. The agenda also prioritizes Global Identity, embedding identity solutions into Cardano’s core functionalities. This integration enhances the compatibility of transactions, governance, and smart contracts, making them interoperable across the broader ecosystem. Democracy 4.0, another key initiative, seeks to secure voting mechanisms and incentivize participation in governance. Cardano’s scalability is being addressed through Hydra , a protocol designed to optimize transaction throughput while reducing costs and latency. Interchains will expand Cardano’s cross-chain capabilities, allowing developers to build multi-chain dApps within a secure environment. Finally, the agenda focuses on advanced cryptographic solutions, including zero-knowledge proofs (ZK) and research into the post-quantum era, ensuring long-term security for blockchain applications. ETHNews reports that this comprehensive roadmap reflects Cardano’s commitment to driving blockchain adoption through scalable, secure, and interoperable solutions. The outlined themes provide a foundation for future development, solidifying Cardano’s role as a leader in blockchain innovation while addressing the practical needs of developers and enterprises. The current price of Cardano (ADA) is approximately $0.977, showing a daily increase of 0.83%. Over the past month, ADA has gained 33.61%, contributing to a strong 64.65% year-to-date growth. However, it remains below its all-time high of $3.16, reflecting a gradual recovery within the broader cryptocurrency market. Cardano’s market capitalization is approximately $34.35 billion, with a trading volume of $2.26 billion in the last 24 hours. Active network developments, including the recent Strategic Research Agenda targeting advancements in its Ouroboros protocol and tokenomics, support ADA’s long-term prospects. Key resistance lies near $1.03, while support around $0.95 could stabilize any retracements. Recent whale accumulation and positive sentiment toward Cardano’s ecosystem add to its bullish outlook in the coming months.
Hong Kong Licenses New Crypto Exchanges Amidst Bitcoin Surge
Hong Kong’s Securities and Futures Commission has licensed four new cryptocurrency exchanges: Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology. According to local reports , the approvals were announced today and it raises the total number of licensed virtual asset trading platforms in Hong Kong to a total of seven. They were issued under Hong Kong’s wider plan to strengthen its rules on virtual assets and, in the process, boost the competitiveness of the city as a global digital asset center. The SFC said its “swift licensing process” helped speed up the approvals while ensuring they met the rules. “We aim to strike a balance between safeguarding the interests of investors and facilitating continuous development for the virtual asset ecosystem in Hong Kong,” said Eric Yip, SFC executive director of intermediaries. The approvals come at a time when Bitcoin’s price is booming, having increased by over 60% in the last six months and recently going over $100,000 for the first time. The SFC needs the new licensed platforms to finish extra tasks, including checking for weaknesses and conducting tests by independent groups, before they can fully operate. Thousand Whales Technology is the operator of the EX.IO trading platform. The company is backed by Valuable Capital Group, a brokerage owned by Sina Corporation, which operates China’s popular social media site Weibo. The four exchanges were among almost 30 firms to have applied for VATP licenses in 2024, though some platforms, including OKX and HTX, have since dropped their applications due to regulatory issues. Meanwhile, Hong Kong has previously licensed three platforms: HashKey, OSL, and HKVAX. Earlier this year, the city launched Asia’s first exchange-traded funds (ETFs) for spot Bitcoin and Ether, beating the United States for the same. However, the city of Hong Kong has faced a lot of difficulties in properly regulating over-the-counter (OTC) crypto trading and is now changing its oversight approach after listening to industry feedback. Follow The Crypto Times on Google News to Stay Updated!
How Empty Marketing and Growth Hacking Kills Blockchain Projects
Money talks. In cryptocurrency, it screams through megaphones and flies banners across stadium skies. The recent revelation of Polkadot’s $37 million marketing spend has reignited a familiar debate within the blockchain community. Their aggressive growth strategy, complete with influencer campaigns and sports sponsorships, mirrors a pattern seen throughout the industry’s evolution. Cryptocurrency projects have long walked a tightrope between building awareness and maintaining credibility. Some call it growth hacking. Others label it desperation. The truth lies somewhere in between, hidden in the spreadsheets of marketing budgets and community engagement metrics. For an industry built on transparency, the methods behind crypto marketing often remain surprisingly opaque. Yet Polkadot’s recent treasury report has inadvertently pulled back the curtain, offering a rare glimpse into the real costs of chasing growth in Web3. So that begs the question… Is Crypto All About the Hype? The crypto industry thrives on promises. Projects launch daily, each claiming revolutionary technology and groundbreaking solutions. Marketing teams craft elaborate narratives about mass adoption and industry disruption. Development roadmaps stretch years into the future while promotion budgets drain treasuries today. Behind every blockchain project stands an army of social media managers, content creators, and community moderators. They craft narratives, manage expectations, and drive engagement. Marketing budgets often dwarf technical spending. Growth metrics become more important than GitHub commits. The industry measures success through Twitter followers rather than transaction volumes. Yet this focus on hype serves a purpose. Early adoption requires awareness and communities require nurturing in order to build a foundation. In an industry built on network effects, attention drives value. That’s why smart projects leverage this dynamic, using strategic marketing to build genuine communities. Conversely, others simply throw money at short-term solutions, hoping quantity will translate into quality. The difference lies in execution. Successful projects blend marketing prowess with technological substance. They understand hype’s role in driving adoption while maintaining focus on development. Their marketing spend reflects strategic thinking rather than desperate attempts at relevance. The best teams recognize that sustainable growth requires more than just flashy campaigns and influencer endorsements. However, recent events have pulled back the curtain on crypto’s marketing machinery, exposing the true cost of chasing growth at any price. When Marketing Millions Miss Their Mark Polkadot’s treasury report landed like a bombshell in June. The blockchain project spent $37 million on marketing in early 2024, nearly double its development budget. Community members watched in disbelief as the numbers painted a stark picture of modern crypto marketing — one where promotion overshadows product development and short-term visibility trumps long-term value creation. The granular details of Polkadot’s spending revealed deeper systemic issues within crypto marketing practices. Their influencer campaigns targeting North America and Europe consumed substantial portions of the budget, with each month-long promotion costing roughly $300,000. Initial metrics appeared promising, boasting millions of content views and hundreds of thousands of engagements. Yet beneath these surface-level statistics lurked troubling patterns of artificial inflation and questionable value. Investigation into these marketing initiatives uncovered a complex web of suspicious activities. YouTube channels materialized overnight with implausible subscriber counts, while Twitter profiles coordinated identical content streams across networks of bot-driven accounts. Key opinion leaders selected for premium partnerships often displayed signs of manufactured engagement, their follower counts inflated and their content engagement metrics artificially enhanced through coordinated automation. Polkadot’s broader spending choices raised fundamental questions about value creation in the blockchain space. Their treasury allocated $450,000 for event expenses while community-driven initiatives struggled for basic funding. Premium partnerships consumed resources at an alarming rate, including $480,000 for a two-year logo display on Coinmarketcap and $180,000 for private jet branding. These decisions occurred against a backdrop of stagnant token prices and slowing ecosystem development. The project’s marketing strategy exemplifies a growing disconnect between spending and substance in crypto promotion. While traditional marketing metrics showed surface-level success, the deeper analysis revealed concerning patterns of inefficiency and waste. Their treasury, currently projected to last another two years at current spending rates, faces mounting pressure from community members questioning the return on these substantial investments. The situation highlights a critical challenge facing blockchain projects: distinguishing between meaningful growth initiatives and expensive exercises in vanity metrics. The Missing Link Between PR and Growth Public relations in cryptocurrency often plays second fiddle to aggressive growth tactics. Marketing teams chase viral moments and influencer endorsements while overlooking the fundamentals of strategic communication. This approach stems from the industry’s obsession with immediate results, yet misses crucial opportunities for sustainable growth. Traditional PR brings subtle but significant advantages to blockchain projects. While sponsored posts generate quick spikes in attention, carefully crafted media relationships build lasting credibility. Industry publications value authenticity over paid placement. Journalists seek genuine innovation rather than promotional noise. These relationships become invaluable during critical moments, from product launches to crisis management. Most crypto projects struggle to balance immediate visibility with long-term reputation building. Marketing budgets flow freely toward quantifiable metrics like social media engagement and website traffic. Meanwhile, PR initiatives that could strengthen market position and industry standing receive minimal attention. This imbalance creates vulnerability, leaving projects ill-equipped to handle scrutiny or navigate market downturns. Successful blockchain projects understand the symbiotic relationship between growth hacking and public relations. They recognize that while aggressive marketing drives initial interest, strategic PR sustains momentum through market cycles. Their communication strategies blend traditional media outreach with innovative community engagement. Press releases complement Twitter spaces. Media tours enhance Discord announcements. You can see the distinction clearly during market turbulence. Projects built on pure hype crumble under pressure, their communities scattering at the first sign of trouble. Those with strong PR foundations weather storms more effectively, maintaining stakeholder confidence through clear communication and established media channels. Their prior investment in relationship building pays dividends when market sentiment shifts. Smart teams recognize that effective PR extends beyond press releases and media mentions. It encompasses community management, developer relations, and stakeholder communication. This comprehensive approach creates resilience, enabling projects to maintain momentum even when marketing budgets tighten or market conditions deteriorate. Growth Hack the Right Way The cryptocurrency industry stands at a crossroads between hype-driven marketing and sustainable growth strategies. Projects rushing toward quick wins through influencer campaigns and paid promotions often find themselves building on shifting sands. Real growth demands more than viral moments and sponsored content. It requires strategic communication, genuine community building, and balanced resource allocation. Smart projects recognize this evolution in crypto marketing. They understand that tomorrow’s leaders will master the delicate balance between innovative growth tactics and time-tested PR fundamentals. Sustainable success in blockchain requires more than just spending power — it demands strategic vision, authentic communication, and unwavering commitment to genuine value creation. About the Author Jamie Kingsley is a prominent figure in the crypto PR industry, serving as the COO and Co-Founder of The PR Genius (PRG). He has played a crucial role in transforming PRG from a small, niche firm into a multi-service growth marketing agency. Kingsley’s strategic leadership facilitated a successful pivot from lead generation to public relations, enabling the agency to work with high-profile clients such as IO.net, Yellowheart, Radix, Movement Labs and RTFK Studios. In addition to his role at PRG, Kingsley is a Board Member of the Asia Web3 Alliance Japan, where he contributes to the advancement of decentralized internet initiatives in a rapidly growing blockchain market. His expertise in media strategy and growth hacking has positioned him as a key influencer in the crypto space, recognized for his adaptability and resilience in navigating the industry’s challenges.
Hong Kong SFC Approves Four New Virtual Asset Providers, Expanding Licensed VATPs
Last updated: December 18, 2024 11:16 EST The Hong Kong Securities and Futures Commission (SFC) has officially approved four new virtual asset trading platform (VATP) providers, significantly expanding the region’s regulatory framework for virtual assets. The newly approved entities—Hong Kong Digital Asset EX Limited (HKbitEX), Accumulus GBA Technology (Hong Kong) Co., Limited (Accumulus), DFX Labs Company Limited, and Thousand Whales Technology (BVI) Limited (EX.IO)—join three previously licensed platforms, bringing the total number of authorized providers to seven. Source: SFC.hk Hong Kong Virtual Asset Providers: Has Licensing Gotten Easier? Adding these four VATPs aligns with Hong Kong’s regulatory body’s objectives of enhancing investor protection and maintaining market integrity through transparent regulations. The licensed platforms are required to adhere to stringent compliance measures, including anti-money laundering protocols, robust cybersecurity systems, and transparency in operations. Among the newly approved platforms, HKbitEX and Accumulus have already garnered attention within the Hong Kong community for their innovative approaches to digital asset trading. HKbitEX offers advanced over-the-counter (OTC) trading solutions to bridge the gap between institutional and retail investors. Accumulus, on the other hand, offers crypto trading but emphasizes seamless integration into Hong Kong’s traditional financial systems. These platforms, along with DFX Labs and Thousand Whales, are expected to operate maximally in alignment with the regulatory rules. The SFC’s licensing process is meticulous. It thoroughly evaluates each applicant’s business model, governance structure, and compliance capabilities. Growing Virtual Asset Ecosystem In Hong Kong The expansion of licensed VATPs in Hong Kong is a pivotal moment for the global virtual asset ecosystem, particularly for the country itself. It is a shift towards greater regulatory acceptance and integration of digital assets into mainstream financial markets. The increased number of licensed platforms provides more choices and greater security assurance for investors. Licensed VATPs are held to high standards of operation, reducing the risks associated with unregulated platforms. Despite these advancements, challenges remain. While licensing VATPs is a step in the right direction, sustained efforts are needed to constantly educate investors about the benefits and risks of crypto trading. According to a report on December 17, Hong Kong will adopt the OECD’s Crypto-Asset Reporting Framework (CARF) to enhance tax transparency and combat cross-border tax evasion. 🇭🇰 Hong Kong is set to implement the Crypto Asset Reporting Framework by 2026, enhancing tax transparency and tackling cross-border tax evasion in the crypto space! #Crypto #Tax https://t.co/MU2Cg6ac0D — Cryptonews.com (@cryptonews) December 17, 2024 The CARF was introduced in June 2023. It extends the Common Reporting Standard (CRS) to crypto assets and mandates annual account and transaction information exchanges between jurisdictions. Hong Kong plans to complete legislative amendments by 2026, with the first automatic data exchanges scheduled for 2028. This initiative builds on Hong Kong’s history of financial data exchange under the CRS since 2018 and aims to address the complexities of the rapidly evolving crypto market. Also, Hong Kong is accelerating efforts to establish itself as a global crypto hub by introducing a fast-track licensing process for trading platforms . Joseph Chan, Acting Secretary for Financial Services and the Treasury announced that the Securities and Futures Commission (SFC) plans to operationalize a consultative panel early next year to support licensed platforms. Since the crypto licensing regime began in June 2023, firms like OSL Exchange and HashKey Exchange have gained approval to serve retail investors. Alongside licensing, Hong Kong is advancing legislation to regulate stablecoin issuers. The Hong Kong Monetary Authority (HKMA) will license fiat-referenced stablecoins following global trends.
io.net Joins Dell Technologies Partner Program to Revolutionize Decentralized GPU Computing
The leading provider of decentralized GPU computing solutions, io.net , has been approved into the Dell Technologies Partner Program as a Dell Technologies Authorized Partner and Cloud Service Provider. This is a significant accomplishment for the firm. io.net will be able to deliver scalable and cost-effective solutions for artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) workloads as a result of this move, which will combine the GPU network of io.net with the world-class infrastructure of Dell. Through its participation in the Dell Partner Program, io.net is able to receive access to the resources, knowledge, and go-to-market capabilities of Dell Technologies. Through this, businesses who are looking for sophisticated solutions to manage difficult computing issues will be able to get help. This will bridge the gap between decentralized GPU power and the trusted hardware infrastructure of Dell. Tausif Ahmed, VP of Business Development at io.net, commented: “Joining the Dell Technologies Partner Program is an important step for io.net. It supports our goal of delivering solutions that integrate our decentralized GPU platform with Dell’s reliable infrastructure, helping businesses address their computing challenges more efficiently and cost-effectively Together, we look forward to delivering practical, enterprise-grade solutions tailored for the next generation of AI innovation.” Through its participation in the Dell Technologies Partner Program, io.net will work together with Dell Technologies on go-to-market activities, demand creation, and co-marketing endeavors. This makes it possible for business clients to deploy solutions that blend dispersed GPU power in a smooth manner with hardware that is stable and resilient from Dell Technologies. Io.net is in a strong position to assist in making decentralized compute solutions more accessible across a variety of businesses because it is able to use the enormous ecosystem that Dell has created. The proliferation of applications that use artificial intelligence and machine learning has increased the need for compute solutions that are both scalable and inexpensive. Traditional centralized cloud providers often fail to satisfy the requirements of contemporary businesses because they are bound by high prices, limited flexibility, and resource constraints. io.net’s decentralized GPU network is designed to overcome these difficulties by obtaining processing capacity from a worldwide network of dispersed GPUs and then clustering those GPUs into a single, high-performance infrastructure. Following io.net’s entry into the Dell Technologies Partner Program, customers will be able to take advantage of GPU clusters that are available on demand and are able to scale to meet the needs of whole enterprises. In addition to this, they will see considerable cost savings in comparison to centralized solution providers. While this is going on, a seamless interface with Dell’s advanced hardware will enable workloads that are both dependable and high performance. A significant step forward in the process of democratizing access to decentralized computing is represented by the cooperation between io.net and Dell Technologies. This is especially true for enterprises who are working on AI training, inference, and high-performance compute use cases. io.net is well positioned to accelerate the adoption of decentralized compute solutions while also fulfilling the performance criteria that organizations anticipate. This is made possible by utilizing Dell’s worldwide presence and enterprise trust.
Io.net Joins Dell Technologies Partner Program As Authorized Partner and Cloud Service Provider
December 19, 2024 – Dubai, United Arab Emirates Io.net – the leading provider of decentralized GPU computing solutions – has been accepted to join the Dell Technologies Partner Program as a Dell Technologies authorized partner and cloud service provider. The move will combine io.net’s GPU network with Dell’s world-class infrastructure, delivering scalable and cost-effective solutions for AI, ML (machine learning) and HPC (high-performance computing) workloads. By joining Dell’s Partner Program, io.net gains access to Dell Technologies’ resources, expertise and go-to-market capabilities. This will support enterprises seeking advanced solutions to handle complex computing challenges, bridging decentralized GPU power with Dell’s trusted hardware infrastructure. Tausif Ahmed, vice president of business development at io.net, said, “Joining the Dell Technologies Partner Program is an important step for io.net. “It supports our goal of delivering solutions that integrate our decentralized GPU platform with Dell’s reliable infrastructure, helping businesses address their computing challenges more efficiently and cost-effectively. “Together, we look forward to delivering practical, enterprise-grade solutions tailored for the next generation of AI innovation.” As part of the Dell Technologies Partner Program, io.net will collaborate on go-to-market efforts, demand generation and co-marketing initiatives. This enables enterprise customers to deploy solutions that seamlessly integrate decentralized GPU power with robust, dependable hardware from Dell Technologies. By tapping into Dell’s extensive ecosystem, io.net is well-positioned to make decentralized compute solutions more accessible across multiple industries. The rise of AI and ML applications has amplified demand for scalable and affordable compute solutions. Traditional centralized cloud providers often fall short in meeting the needs of modern enterprises, constrained by high costs, limited flexibility and resource bottlenecks. Io.net’s decentralized GPU network addresses these challenges by sourcing computational power from a global network of distributed GPUs and clustering them into a unified, high-performance infrastructure. Following io.net’s admission to the Dell Technologies Partner Program, clients will benefit from on-demand GPU clusters capable of scaling to enterprise requirements. They will also enjoy significant cost reductions compared to centralized providers. Seamless integration with Dell’s advanced hardware, meanwhile, will support reliable, high-performance workloads. The collaboration between io.net and Dell Technologies represents a step forward in democratizing access to decentralized compute – particularly for organizations tackling AI training, inference and HPC use cases. By leveraging Dell’s global presence and enterprise trust, io.net is poised to accelerate adoption of decentralized compute solutions while meeting the performance standards enterprises expect. About io.net Io.net is a decentralized distributed compute network that enables ML engineers to deploy a GPU cluster of any scale within seconds at a fraction of the cost of centralized cloud providers. Io.net sources compute resources from multiple locations and deploys them into a single cluster at massive scale. Io.net has successfully supported training, fine tuning and inference for a wide range of ML models. Contact Dan Edelstein , MarketAcross
Hong Kong accelerates crypto exchange licensing with four new approvals
Hong Kong has granted licenses to four more crypto exchanges as the region focuses on accelerating the licensing process amid growing competition to become a crypto hub. The Securities and Futures Commission said it approved licenses for four additional exchanges — HKbitEX, Accumulus, DFX Labs, and EX.IO — on Wednesday under its “swift licensing process” after the applicants addressed feedback from the regulator’s on-site inspections. The SFC has previously issued three such licenses to OSL, HashKey and HKVAX. Hong Kong has opened its doors to crypto firms. In June 2023, it officially launched a crypto licensing regime for “virtual asset trading platforms” (VATPs), allowing licensed exchanges to offer retail trading services. The SFC noted that it has worked to speed up the licensing process. “We have been proactively engaging with VATPs’ senior management and ultimate controllers, which helps drive home our expected regulatory standards and expedite our licensing process for VATPs,” Eric Yip, the SFC’s Executive Director of Intermediaries, said in a Wednesday statement . In a separate circular released Wednesday, the SFC provided more details on a revamped licensing process. In addition to on-site inspections, the regulator requires applicants to undergo assessments of their platform policies, procedures, systems and controls, which a certified public accountant must sign off. “The SFC will supervise the whole second-phase assessment process through a tripartite engagement with the VATPs and their external assessors and will uplift the restriction on business scope after the second-phase assessment is completed to the SFC’s satisfaction,” the regulator said. Joseph Chan, Acting Secretary for Financial Services and the Treasury said last week that the SFC also plans to establish a “consultative panel” that is expected to commence early next year for licensed crypto trading platforms.
EX.IO, led by Sina's Huasheng Group, has obtained a license to operate a virtual asset trading platform issued by the Hong Kong Securities Regulatory
the Hong Kong virtual asset exchange EX.IO (Thousand Whales Technology (BVI) Limited) has obtained approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under the Type 1 (securities trading) and Type 7 (providing automated trading services) licenses, as well as the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AML0). EX.IO is one of the virtual asset trading platforms that has been granted a license under the licensing regime, with Sina's Huasheng Capital Group as its main investor and Longling Capital and Vixen Kinco (HKG:2003) as licensed institutions with brokerage backgrounds.
io.net Collaborates with Zerebro to Power New Ethereum Validator with GPU Compute
To facilitate its entrance into blockchain validation, Zerebro, an autonomous AI agent, has teamed up with io.net , a decentralized GPU network. Zerebro will improve its Ethereum validator operations by using io.net’s globally distributed infrastructure via this partnership, which will be a major turning point in the integration of blockchain and artificial intelligence. Zerebro will be able to access decentralized compute resources via this collaboration with io.net, guaranteeing scalability and dependability for its Ethereum validation operations. The exploration of cutting-edge AI applications like decentralized economic models and governance systems will be aided by the on-demand availability of enormous GPU resources. Co-founded by Jeff Yu and Agustin Cortes, Zerebro has made a name for itself as a cutting-edge AI agent with a broad range of abilities, from community involvement to digital art creation. In order to further its technical and creative activities and contribute to the security of the Ethereum blockchain, the project is currently expanding its scope. The partnership between Zerebro and io.net demonstrates the increasing convergence of autonomous agents and decentralized infrastructure. Zerebro may continue to operate, generate revenue, and experiment with new ideas like creating large language models (LLMs) on decentralized compute networks by using io.net’s flexible GPU clusters. The collaboration serves as an example of how decentralized networks might be used to build a sustainable future for autonomous AI agents. Tausif Ahmed, Chief Business Development Officer at io.net, said: “This collaboration between io.net and Zerebro marks an exciting step forward for autonomous agents and decentralized AI in general. Zerebro can build with io.net’s permissionless and globally distributed compute network, ensuring it has the ability to continuously sustain operations and to keep innovating. This collaboration provides a first glimpse of a future in which millions of AI agents leverage decentralized compute networks to power an array of onchain tasks, extending the capabilities of what agents can do.” Zerebro Co-Founder Agustin Cortes said: “Zerebro is at the forefront of bridging the AI and crypto future. By building on io.net’s decentralized compute network, we are able to innovate while staying true to the crypto principles of decentralization. This collaboration will be the stepping stone for agents to have the autonomy to plug into web3 infrastructure. Decentralized compute will be the lifeblood of agents and we are excited to be tinkering at the cutting edge.” Zerebro is poised to revolutionize Ethereum network validation, supported by the strong infrastructure of io.net. In addition to enhancing Zerebro’s capabilities, the collaboration demonstrates the wider potential of web3 infrastructure to facilitate AI agents, paving the way for a decentralized, autonomous, and creative future. Zerebro is an autonomous, creative AI agent that interacts with the digital world in a dynamic manner. It creates unique artwork, composes music, publishes on social media, completes blockchain transactions, and continuously improves its operations by drawing lessons from the past. The Zerebro team is creating Zerepy, an open-source framework that makes it easier to start AI agents and create unique in-house models, hence creating a more accessible environment for creativity. At the same time, Zerebro is a flexible, dynamic force that propels innovation at the nexus of decentralized infrastructure, creativity, and autonomy.
io.net Partners With Mira Network to Advance AI Verification
The DePIN for GPU compute, io.net has announced a strategic partnership with Mira Network to address challenges in AI accuracy and reliability. The duo aims to support scalable and decentralized solutions for advanced AI applications. This partnership will enable Mira Network to scale its operations while lowering costs and latency by using io.net ’s decentralized GPU infrastructure. The deal will also support Mira Network’s Node Delegator Program, an initiative which allows contributors to delegate GPU resources. It enables users to support Mira’s consensus operations while earning network rewards. Mira Network’s Node Delegator Program lowers technical barriers for individuals and organizations, looking to participate in the decentralized AI ecosystem. “AI’s full potential can only be realized once it can be fully assured of providing consistent, reliable, and unbiased insights,” says Tausif Ahmed, Chief Business Development Officer at io.net, adding “Through this partnership with Mira Network, we’re not only addressing AI’s accuracy challenges but demonstrating the power of decentralized compute.” While AI usage is growing rapidly, various businesses find its adoption challenging. This failure marks an error rate of up to 30% for activities requiring advanced reasoning. Mira Network solves this with novel developments while evaluating AI-generated outputs across several models. The new integrations decrease first-pass mistakes below 5% and aim for error rates of less than 0.1% with continued research. Stone Gettings, Head of Growth at Mira Network, said: “At Mira, we believe that AI’s vast potential is only just beginning to be discovered and that reliability and trust will be integral to accelerating adoption.” “As we prepare to launch our Node Delegator Program, the support of io.net will prove invaluable in further decentralizing our network while providing users with access to reliable GPUs,” Stone added. Follow The Crypto Times on Google News to Stay Updated!
io.net and Mira Network Partner to Revolutionize AI Accuracy with Decentralized GPU Compute
The partnership will provide scalable, decentralized solutions for cutting-edge AI applications. Consensus techniques are used by Mira’s AI output verification system to drastically reduce errors. The collaboration with io.net will allow Mira to extend its operations while reducing expenses and latency. The DePIN for GPU compute, io.net , and Mira Network, a provider of trustless AI output verification, have announced a strategic alliance. The partnership will provide scalable, decentralized solutions for cutting-edge AI applications while addressing issues with AI accuracy and dependability. Consensus techniques are used by Mira’s AI output verification system to drastically reduce errors and provide trustworthy results. By gaining access to decentralized GPU infrastructure, the collaboration with io.net will allow Mira to extend its operations while reducing expenses and latency. The Node Delegator Program of Mira Network, which is fueled by io.net’s decentralized compute network, will also benefit from the availability of reasonably priced GPUs. In order to assist Mira’s consensus procedures and get network benefits, the project enables contributors to assign GPU resources. For people and organizations interested in decentralized AI, the program reduces the technological obstacles to admission. Tausif Ahmed, Chief Business Development Officer at io.net, said: “AI’s full potential can only be realized once it can be fully assured of providing consistent, reliable, and unbiased insights. Through this partnership with Mira Network, we’re not only addressing AI’s accuracy challenges but demonstrating the power of decentralized compute.” Stone Gettings, Head of Growth at Mira Network, added: “At Mira, we believe that AI’s vast potential is only just beginning to be discovered and that reliability and trust will be integral to accelerating adoption. As we prepare to launch our Node Delegator Program, the support of io.net will prove invaluable in further decentralizing our network while providing users with access to reliable compute.” Even though the use of AI is expanding quickly, organizations still encounter some obstacles when using the technology, such as up to 30% AI error rates for tasks requiring advanced reasoning. This is resolved by Mira Network using sophisticated consensus techniques that assess AI-generated outputs across several models, bringing first-pass errors down to 5% and, with further research, aiming for error rates of less than 0.1%. The worldwide distributed computing network of io.net has enabled Mira to have the reliable and scalable GPU infrastructure needed to support its verification methods. With thousands of GPUs made available by io.net, Mira will be able to accommodate its expanding user base while preserving smooth, low-latency performance. Mira is using cutting-edge consensus techniques to design the verification layer for AI systems that lack trust. To allow dependable AI execution at scale, the network uses distributed verification protocols and advanced binarization techniques. With more than 200,000 users and many production implementations, Mira is setting new standards for AI dependability via its research and development of LLM consensus and verification systems. Making AI systems truly autonomous and dependable has advanced significantly thanks to the network’s creative management of compound error rates and verification of intricate reasoning chains.
One-week token unlock: 14 projects unlocked $287 million worth of tokens
Next week, a total of 14 projects will unlock tokens, with no large unlocking projects. The 14 projects will unlock tokens worth US$287 million in total. Starknet Project Twitter: https://twitter.com/Starknet Project official website: https://starknet.io/ Number of tokens unlocked this time: 64 million Amount unlocked this time: Approximately 49.73 million US dollars Starknet is Ethereums Layer 2, using zk-STARKs technology to make Ethereum transactions faster and less expensive. StarkNets parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and calculations without requiring all network nodes to verify each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network. This round is the regular unlocking of STRK, unlocking 33.57 million STRK for early contributors, worth about 26.09 million US dollars; unlocking 30.43 million STRK for investors, worth about 23.65 million US dollars. The specific release curve is as follows: io.net Project Twitter: https://x.com/ionet Project official website: https://io.net/ Number of unlocked tokens this time: 2.87 million Amount unlocked this time: Approximately 10.63 million US dollars io.net is a decentralized AI computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net creates a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of the cost of traditional clouds. All IO unlocking is aimed at RD and Ecosystem, namely research, development and ecology. The current circulation ratio is 16%, so the unlocking volume accounts for a relatively large proportion. The specific release curve is as follows: Aptos Project Twitter: https://twitter.com/Aptos_Network Project website: https://aptosfoundation.org/ Number of unlocked tokens this time: 11.31 million Amount unlocked this time: Approximately US$168 million Aptos is a Layer 1 public chain project, whose goal is to build a scalable, secure, trustworthy and upgradeable smart contract platform. The Aptos team was formed by former Meta members. APT is the native token of the Aptos main chain, used to pay transaction fees, verify collateral and governance. APTOS has unlocked a large number of tokens, including 3.96 million tokens (59.06 million U.S. dollars) for core contributors, 3.21 million tokens (47.9 million U.S. dollars) for the community, 2.81 million tokens (41.89 million U.S. dollars) for investors, and 1.33 million tokens (19.89 million U.S. dollars) for the foundation. The specific release curve is as follows:
Matchain Partners With Io.net To Revolutionize Ai-powered dApps
Matchain, a decentralized AI identity blockchain, has announced a strategic partnership with io.net, a leader in decentralized computing networks. This collaboration positions io.net as Matchain’s official compute partner, providing decentralized GPU infrastructure to support applications across the Matchain ecosystem. The partnership aims to simplify infrastructure management for Matchain developers by leveraging io.net’s decentralized GPU clusters. This collaboration reflects io.net’s mission to make high-performance computing resources accessible and affordable for industries worldwide. Through io.net’s GPU infrastructure, projects on Matchain gain access to cost-effective, scalable resources tailored to demanding AI workloads. Unlike traditional cloud services, io.net offers high-performance computing at significantly reduced costs, enabling developers to train, deploy, and scale AI models efficiently. Matchain developers will benefit from partner-specific rates, empowering them to build innovative decentralized applications in areas such as identity and data management. This synergy combines Matchain’s AI-optimized blockchain technology with io.net’s GPU capabilities, creating a robust foundation for advancing decentralized AI solutions. “Our mission is to empower AI-driven innovation within decentralized ecosystems,” said Jessie Xiao, Chief Commercial Officer of Matchain, adding “Partnering with io.net enhances our capacity to provide developers with cost-effective, high-performance infrastructure for next-generation applications. Together, we’re pushing the boundaries of what’s possible in Web3, delivering scalable and secure solutions for builders worldwide.” About io.net io.net is a decentralized physical infrastructure network (DePIN) offering on-demand GPU clusters sourced globally. Tailored for high-demand use cases like AI, ML operations, and cloud gaming, io.net democratizes access to GPU capacity, reducing costs and lead times while enhancing flexibility. Website | Documentation | X | Discord | Telegram | LinkedIn About Matchain Matchain is a decentralized AI blockchain designed for web3 identity solutions. Optimized for data sovereignty, it empowers developers to create advanced decentralized identity and data management tools using AI-driven analytics and profiling. Website | X | Telegram Follow The Crypto Times on Google News to Stay Updated!
Matchain and io.net Partner to Deliver Decentralized GPU Power for AI Innovations
Decentralized AI identification blockchain Matchain and io.net , the leading decentralized compute network, have partnered. io.net, Matchain’s official compute partner, will provide GPU infrastructure to enable a range of Matchain ecosystem applications. As part of the collaboration, io.net will provide decentralized GPU infrastructure, which will make infrastructure administration easier for Matchain developers. This strategy supports io.net’s objective of increasing industry accessibility to decentralized computing resources. The partnership enables Matchain projects to utilize decentralized, scalable GPU resources to fulfill their compute requirements. The goal of io.net’s GPU clusters is to lower the cost of high-performance computing for developers by offering them for a fraction of the price of more established cloud providers. This collaboration combines io.net’s decentralized computing approach with Matchain’s goal of using blockchain technology to further AI research. The cost-effective training, implementation, and scaling of AI models will be supported by Matchain users’ access to io.net’s GPU infrastructure at partner-specific prices. Developers and entrepreneurs working on resource-intensive AI tasks will find this configuration ideal. Jessie Xiao, Chief Commercial Officer of Matchain, said: “Our mission is to empower AI-driven innovation in decentralized ecosystems. Collaborating with io.net enhances our ability to provide developers with high-performance, cost-effective infrastructure for building next-generation applications. This partnership underscores our commitment to leveraging advanced technology for scalable and secure data solutions, enabling builders to push the boundaries of what’s possible in Web3.” It is anticipated that the partnership would provide developers who are working on Matchain the resources they need to produce cutting-edge decentralized apps, especially in fields like identity and data management. The collaboration provides a workable way to advance decentralized AI applications by fusing io.net’s compute power with Matchain’s AI-enabled blockchain.
Solana Foundation: Three Strategic Directions for the Integration of AI and Cryptocurrency Technology
Original Title: "Focus areas at the intersection of crypto and AI" Original Author: Kuleen , Head of DePIN at the Solana Foundation Compiled by: Yuliya, PANews Currently, the intersection of AI and crypto technology is entering an experimental phase akin to a "Cambrian explosion." This article from the Solana Foundation elaborates on three key development directions for the fusion of AI and crypto. TLDR 1. Building the most vibrant agent-driven economy on Solana Truth Terminal has already demonstrated the feasibility of AI agents operating on-chain. Experiments in this field are continuously pushing the boundaries of agent operations on-chain, which not only has immense potential but also a vast design space. This has become one of the most groundbreaking and explosive directions in the crypto and AI fields, and this is just the beginning. 2. Enhancing LLM capabilities in Solana code development Large language models (LLMs) have already shown excellent performance in code writing, and this will further improve in the future. With these capabilities, the efficiency of Solana developers is expected to increase by 2-10 times. Recently, establishing high-quality benchmarks to assess LLMs' understanding and writing capabilities of Solana code will help understand the potential impact of LLMs on the Solana ecosystem. High-quality model fine-tuning solutions will be validated in the benchmarking process. 3. Supporting an open and decentralized AI tech stack The "open and decentralized AI tech stack" includes the following key elements: Data acquisition for training Training and inference computing power Model weight sharing Model output verification capabilities The importance of this open AI tech stack is reflected in: Accelerating innovation and experimentation in model development Providing alternatives for users who distrust centralized AI 1. Building the most vibrant agent-driven economy There has been much discussion about Truth Terminal and $GOAT, so there is no need to elaborate here. However, it is certain that when AI agents begin to participate in on-chain activities, a new world full of possibilities has unfolded (notably, agents have not yet taken direct action on-chain). While it is currently impossible to accurately predict the future development of agents' on-chain behavior, we can glimpse the vast prospects of this design space by observing the innovations that have already occurred on Solana: AI projects like Truth Terminal are developing new digital communities through Meme coins like $GOAT Platforms like Holoworld AI, vvaifu.fun, Top Hat AI, and Alethea AI enable users to easily create and deploy intelligent agents and their associated tokens AI fund managers trained based on the personality traits of well-known crypto investors are emerging, with the rapid rise of ai16z on the daos.fun platform creating a new ecosystem for AI funds and agent supporters Additionally, gaming platforms like Colony allow players to participate in games by guiding agent actions, often resulting in unexpected innovative gameplay. Future Development Directions In the future, intelligent agents could manage complex projects requiring multi-party economic coordination. For example, in the field of scientific research, agents could be responsible for finding therapeutic compounds for specific diseases. Specifically: Raising funds through the Pump Science platform Using the raised funds to pay for access to paid research materials and for computational costs of compound simulations on decentralized computing networks like kuzco, Render Network, and io.net Recruiting humans to perform experimental verification tasks through bounty platforms like Gib.Work (e.g., running experiments to verify/build simulation results) In addition to complex projects, agents can also perform simple tasks such as building personal websites or creating artworks (like zerebro), with limitless application scenarios. Why does it make more sense for agents to perform financial activities on-chain rather than through traditional channels? Agents can certainly utilize both traditional financial channels and cryptocurrency systems simultaneously. However, cryptocurrencies have unique advantages in certain areas: Micro-payment applications—Solana excels in this regard, as demonstrated by applications like Drip Speed advantages—instant settlement features help agents achieve maximum capital efficiency Accessing capital markets through DeFi—this may be the strongest reason for agents to participate in the crypto economy. When agents need to engage in financial activities beyond payments, the advantages of cryptocurrencies become even more apparent. Agents can seamlessly mint assets, trade, invest, lend, and use leverage. Particularly, Solana is well-suited to support these capital market activities due to its existing top-tier DeFi infrastructure on its mainnet. From a technological development perspective, path dependence plays a crucial role. Whether a product is optimal is not the most important factor; the key is who can first achieve critical scale and become the default choice. As more agents earn through cryptocurrencies, crypto connectivity is likely to become a core capability of agents. What the Foundation hopes to see The Solana Foundation hopes to see agents equipped with crypto wallets conducting bold innovative experiments on-chain. The Foundation does not overly restrict specific directions here, as the possibilities are indeed vast—believing that the most interesting and valuable agent application scenarios are likely those that cannot be foreseen at present. However, the Foundation is particularly focused on exploring the following directions: Risk control mechanisms Although current models perform well, they are far from perfect Agents cannot be given completely unconstrained freedom of action Promoting non-speculative use cases Purchasing tickets through xpticket Optimizing stablecoin investment portfolio returns Ordering food on DoorDash Development progress requirements Must at least reach the prototype stage on the testnet Ideally already running on the mainnet 2. Enhancing LLMs' ability to write Solana code, empowering Solana developers LLMs have demonstrated strong capabilities and are rapidly advancing. In the application domain of LLMs, code writing may experience particularly steep progress curves, as this is a task that can be objectively assessed. As mentioned below, "Programming has a unique advantage: the potential for superhuman data scaling through 'self-play.' The model can write code and run it, or write code, write tests, and then check for self-consistency." Today, although LLMs are still not perfect in code writing and have obvious shortcomings (e.g., poor performance in bug detection), AI-native code editors like Github Copilot and Cursor have fundamentally changed software development (even changing the way companies recruit talent). Given the expected rapid rate of progress, these models are likely to revolutionize software development. The Foundation hopes to leverage this advancement to increase the work efficiency of Solana developers by an order of magnitude. However, several challenges currently hinder LLMs from achieving excellence in understanding Solana: Lack of high-quality raw training data Insufficient number of verified builds Lack of high-value interactions on platforms like Stack Overflow Historically, the rapid development of Solana's infrastructure means that even code written six months ago may not fully meet today's needs Lack of methods to assess the model's understanding of Solana What the Foundation hopes to see Assistance in obtaining better Solana data from the internet More teams releasing verified builds More people in the ecosystem actively asking good questions and providing high-quality answers on Stack Exchange Creation of high-quality benchmarks for assessing LLMs' understanding of Solana (RFP to be released soon) Creation of LLM fine-tuning models that perform well on the aforementioned benchmarks, and more importantly, accelerate the work efficiency of Solana developers. Once high-quality benchmarks are available, the Foundation may reward the first model to reach the benchmark threshold score. The ultimate significant achievement will be: a completely AI-generated, high-quality, differentiated Solana validator node client. 3. Supporting an open and decentralized AI tech stack In the field of AI, the long-term balance of power between open-source and closed-source models remains unclear. There are indeed arguments that support closed-source entities will continue to maintain technological leadership and capture the primary value of foundational models. The simplest expectation currently is to maintain the status quo—tech giants like OpenAI and Anthropic push the frontier while open-source models quickly follow and gain unique advantages through fine-tuning in specific application scenarios. The Foundation is committed to closely integrating Solana with the open-source AI ecosystem. Specifically, this means supporting access to the following elements: Training data Training and inference computing power Model weights Model output verification capabilities The importance of this strategy is reflected in: 1. Open-source models accelerate innovation and iteration The rapid improvements and fine-tuning of open-source models like Llama by the open-source community demonstrate how the community can effectively complement the work of large AI companies and push the boundaries of AI capabilities (even a Google researcher pointed out last year, "Regarding open source, we have no moat, and neither does OpenAI"). The Foundation believes that a thriving open-source AI tech stack is crucial for accelerating progress in this field. 2. Providing choices for users who distrust centralized AI AI could be one of the most powerful tools in the arsenal of dictatorial or authoritarian regimes. State-sanctioned models provide officially recognized "truths," serving as an important control mechanism. Highly authoritarian regimes may possess superior models because they are willing to overlook citizen privacy to train AI. The use of AI for control is an inevitable trend, and the Foundation hopes to prepare for this by fully supporting an open-source AI tech stack. Several projects in the Solana ecosystem are already supporting an open AI tech stack: Data collection—Grass and Synesis One are advancing data collection Decentralized computing power—kuzco, Render Network, io.net, Bless Network, Nosana, etc. Decentralized training frameworks—Nous Research, Prime Intellect What the Foundation hopes to see The Foundation hopes to see more products built at all levels of the open-source AI tech stack: Decentralized data collection: e.g., Grass, Datahive, Synesis One On-chain identity: protocols that support wallet verification of human identity, protocols that verify AI API responses, allowing users to confirm they are interacting with LLMs Decentralized training: projects similar to EXO Labs, Nous Research, and Prime Intellect IP infrastructure: enabling AI to license (and pay for) the content it uses
Solana Foundation: Three Key Strategic Directions for the Integration of AI and Crypto
Original Article Title: Focus areas at the intersection of crypto and AI Original Article Author: Kuleen, Head of DePIN at Solana Foundation Original Article Translation: Yuliya, PANews The intersection of AI and cryptographic technology is currently entering a "Cambrian explosion" experimental stage. This article by the Solana Foundation elaborates on the three key development directions of AI + crypto integration. TLDR 1. Building the most vibrant AI Agent-Driven Economy on Solana Truth Terminal has already demonstrated the feasibility of AI agents operating on-chain. The experimentation in this area continues to push the boundaries of on-chain agent operation, showcasing not only immense potential but also a wide design space. This has already emerged as one of the most groundbreaking and explosive directions in the intersection of crypto and AI, and it is only the beginning. 2. Enhancing LLM's Capabilities in Solana Code Development Large Language Models have already shown great promise in code writing and are expected to further improve in the future. Through these capabilities, Solana developers' efficiency is expected to increase by 2-10 times. Recently, establishing high-quality benchmarks to assess LLMs' understanding and writing of Solana code will help understand the potential impact of LLMs on the Solana ecosystem. High-quality model fine-tuning approaches will be validated in benchmark testing. 3. Supporting an Open and Decentralized AI Technology Stack The "open and decentralized AI technology stack" includes the following key elements: · Training data acquisition · Training and inference computing capabilities · Model weight sharing · Model output verification capabilities The importance of this open AI technology stack is reflected in: · Accelerating model development innovation and experimentation · Providing an alternative for users distrustful of centralized AI 1. Building the most vibrant AI Agent-Driven Economy There has been significant discussion about Truth Terminal and $GOAT, making further elaboration unnecessary here. However, it is certain that when AI agents start engaging in on-chain activities, a world full of possibilities has already unfolded (it is worth noting that currently agents have not even directly taken action on-chain yet). While it is currently difficult to predict the future development of on-chain agents' behavior, by observing the innovation that has already taken place on Solana, we can catch a glimpse of the vast potential of this design space: · AI projects like Truth Terminal are developing new digital communities through meme coins like $GOAT · Platforms such as Holoworld AI, vvaifu.fun, Top Hat AI, Alethea AI, among others, enable users to easily create and deploy intelligent agents and their associated tokens · AI fund managers trained on prominent crypto investor traits are emerging, with the rapid rise of ai16z on the daos.fun platform, creating a new ecosystem for AI funds and agent supporters · Furthermore, game platforms like Colony allow players to engage in unexpected innovative gameplay by guiding agent actions in the game Future Directions In the future, intelligent agents can manage complex projects that require multi-party economic coordination. For example, in the field of scientific research, agents could be tasked with searching for therapeutic compounds for specific diseases. Specifically: · Fundraising through the Pump Science platform · Utilizing raised funds to pay access fees for research data, computational costs for compound simulations on decentralized computing networks like kuzco, Render Network, io.net · Recruiting human participants for experimental validation work through bounty platforms like Gib.Work (e.g., running experiments to validate/build upon simulation results) In addition to complex projects, agents can also perform simple tasks such as building personal websites, creating artistic works (e.g., zerebro), expanding the limitless possibilities of their applications. Why is On-Chain Agent Execution of Financial Activities More Meaningful Than Using Traditional Channels? Agents can fully utilize both traditional financial channels and cryptocurrency systems simultaneously. However, cryptocurrency holds unique advantages in certain areas: · Micropayment applications—Solana has excelled in this area, as demonstrated by applications like Drip · Speed Advantage - instant settlement functionality, helping proxies achieve maximum capital efficiency · Access to Capital Markets via DeFi - this may be the most compelling reason for proxies to participate in the crypto economy. When proxies need to engage in financial activities beyond payments, the advantages of cryptocurrency become even more apparent. Proxies can seamlessly mint assets, trade, invest, participate in yield farming, engage in lending operations, leverage, and more. Particularly, Solana, with its mainnet already hosting a myriad of top-tier DeFi infrastructure, is well-suited to support these capital market activities. From a technological development perspective, path dependence plays a critical role. It is not so much about whether a product is optimal, but rather about who can first reach critical mass and become the default choice. As more and more proxies derive revenue from cryptocurrency, cryptographic connectivity is likely to become a core competency for proxies. What the Foundation Hopes to See The Solana Foundation hopes to see proxies equipped with crypto wallets engage in bold innovation experiments on-chain. The Foundation does not overly constrain specific directions here because the possibilities are so vast - the most interesting and valuable proxy use cases are likely still unforeseen. However, the Foundation is particularly interested in exploring the following directions: 1. Risk Management Mechanism · While the current model is impressive, it is still far from perfect · Proxies cannot be given unrestricted freedom of action 2. Driving Non-Speculative Use Cases · Purchasing tickets via xpticket · Optimizing stablecoin portfolio yields · Ordering food on DoorDash 3. Development Progress Requirements · Must have at least reached the prototype stage on the testnet · Ideally already operational on the mainnet 2. Enhance LLMs' Ability to Write Solana Code, Empowering Solana Developers LLMs have already demonstrated strong capabilities and are progressing rapidly. In the domain of applications for LLMs, the field of writing code may see a particularly steep improvement curve, as it is a task that can be objectively evaluated. As described below, "programming has a unique advantage: the potential for superhuman data expansion through 'self-play.' Models can write code and run, or write code, write tests, and then check self-consistency." Today, although LLMs are still not perfect in terms of coding, exhibiting clear shortcomings (e.g., performing poorly in bug detection), AI-native code editors like Github Copilot and Cursor have fundamentally changed software development (even altering the way companies recruit talent). Considering the expected rapid rate of progress, these models are likely to completely transform software development. The Foundation aims to leverage this progress to increase the efficiency of Solana developers by an order of magnitude. However, there are currently several challenges hindering LLMs from reaching an outstanding level of understanding in the Solana context: · Lack of high-quality raw training data · Insufficient number of Verified builds · Lack of high-information-value interactions on platforms like Stack Overflow · Historically rapid development of Solana infrastructure, meaning that code written even 6 months ago may not be entirely suitable for today's needs · Lack of an evaluation model for understanding the level of Solana comprehension The Foundation would like to see · Help in acquiring better Solana data on the internet · More teams releasing Verified builds · More people in the ecosystem actively asking good questions and providing high-quality answers on Stack Exchange · Creation of high-quality benchmarks for evaluating LLMs' understanding of Solana (RFP coming soon) · Development of LLM fine-tuned models that perform well in the aforementioned benchmark tests, and more importantly, accelerate the efficiency of Solana developers. Once high-quality benchmarks are in place, the Foundation may incentivize the first model to reach the benchmark threshold score The ultimate significant achievement will be: a brand-new, high-quality, differentiated Solana validator node client created entirely by AI. 3. Supporting an Open and Decentralized AI Tech Stack In the field of AI, the long-term power balance between open-source and closed-source models remains unclear. Indeed, there are arguments supporting closed entities that will continue to lead the technological frontier and capture the primary value of foundational models. The simplest current expectation is to maintain the status quo—tech giants like OpenAI and Anthropic driving cutting-edge developments, while open-source models rapidly catch up and gain unique advantages through fine-tuning in specific application scenarios. The Foundation is committed to closely integrating Solana with the open-source AI ecosystem. Specifically, this means supporting access to the following elements: · Training Data · Training and Inference Compute Power · Model Weights · Model Output Verification Capability The significance of this strategy is reflected in: 1. Open-Source Models Accelerating Innovation Iteration The rapid improvement and fine-tuning of open-source models like Llama by the open-source community demonstrate how the community effectively complements the work of large AI companies, pushing the boundaries of AI capabilities (even a Google researcher noted last year, "We don't have a moat about open source, nor does OpenAI"). The Foundation believes that a thriving open-source AI technology stack is crucial to accelerating progress in this field. 2. Providing Choice for Users of Trustless AI AI may be the most potent tool in the arsenal of autocratic or authoritarian regimes. Nationally recognized models offer an officially sanctioned "truth" and are a significant vehicle of control. Highly authoritarian regimes may have superior models because they are willing to disregard citizen privacy to train AI. The use of AI for control is an inevitable trend, and the Foundation hopes to be proactive and fully support the open-source AI technology stack. Several projects in the Solana ecosystem are already supporting the open AI technology stack: · Data Collection — Grass and Synesis One are advancing data collection · Decentralized Compute Power — kuzco, Render Network, io.net, Bless Network, Nosana, and others · Decentralized Training Frameworks — Nous Research, Prime Intellect The Foundation Looks Forward To Hoping to see more products built at various levels of the open-source AI technology stack: · Decentralized Data Collection: e.g., Grass, Datahive, Synesis One · On-Chain Identity: Supporting protocols that validate wallet-held identities, protocols that validate AI API responses, enabling users to confirm they are interacting with LLM · Decentralized Training: Projects such as EXO Labs, Nous Research, and Prime Intellect · IP Infrastructure: Allowing AI to license (and pay for) the content it uses Original Source Link
CreatorBid Taps io.net’s GPU Network for AI Model Scaling
io.net, a leading decentralized physical infrastructure network (DePIN) specializing in GPU solutions, has announced a strategic partnership with CreatorBid, an AI Agent Launchpad and provider of AI-driven tools for creators and brands. This collaboration aims to empower CreatorBid by utilizing io.net’s decentralized GPU network to scale its image models efficiently, advancing decentralized infrastructure in AI development. The partnership grants CreatorBid access to scalable and cost-effective GPU resources, bypassing the limitations of traditional centralized systems. By leveraging io.net’s decentralized network, CreatorBid ensures the performance and reliability needed for its advanced AI tools while optimizing costs. This innovative approach broadens access to high-performance computing for AI-driven businesses. Tausif Ahmed, VP of Business Development at io.net, highlighted the partnership’s potential: “CreatorBid can now utilize our decentralized GPU network to enhance their image and video models. This collaboration underscores our commitment to providing flexible, cost-effective compute solutions for cutting-edge AI applications.” Phil Kothe, CEO of CreatorBid, shared a vision for the future: “io.net’s decentralized GPU infrastructure enables us to power the next generation of AI Influencers and Agents. Starting with images, we’re working toward AI Agents capable of creating videos, live-streams, and content in diverse formats.” CreatorBid leads the AI Creator Economy, offering a platform where creators and brands can harness AI Agents—customizable digital personas capable of producing content, engaging audiences, and driving interactions autonomously. These tools enable creators to launch, scale, and monetize their digital presence efficiently. Through Agent Keys, CreatorBid fosters co-ownership models, enabling creators and fans to share in the value generated by AI Agents, building vibrant, engaged communities around these digital personas. By integrating blockchain technology with advanced AI tools, CreatorBid is redefining the creator landscape, empowering creators to explore innovative ways of monetization and audience interaction. This partnership highlights the transformative potential of decentralized GPU networks in fields such as content creation, branding, and AI development. While io.net showcases the scalability and versatility of its “Internet of GPUs,” CreatorBid accelerates its mission of shaping an AI-driven Creator Economy. Together, they are driving the future of AI-powered innovation. About io.net io.net is a decentralized physical infrastructure network (DePIN) which deploys and manages on-demand decentralized GPU clusters from geo-distributed sources. It offers hundreds of thousands of GPUs, accessible on the network. These GPUs are specifically architected for low latency, high processing demand use cases like AI/ML ops and cloud gaming. The functionalities offered by io.net democratizes access to GPU compute capacity while reducing costs, expediting lead times, and expanding choice for engineers and businesses. About Creator.Bid CreatorBid is a platform for AI creators’ economy, where anyone can launch, grow, and earn rewards with AI Agents. Creators can co-own and build communities around these AI Agents using Agent Keys: digital membership tokens that open up new opportunities for engagement and value sharing. AI Agents are at the heart of CreatorBid’s vision for the future of the Creator Economy. CreatorBid is uniquely positioned to play a key role in the transition towards an autonomous Creator Economy, with its ecosystem token, $AGENT, serving as a value driver and governance tool within the platform. Website | Documentation | X | Telegram Follow The Crypto Times on Google News to Stay Updated!
GAIB Secures $5M Pre-Seed Funding to Revolutionize AI Compute Market
GPUs and their yields are tokenized by GAIB, which enables the establishment of a new asset class. GAIB has also recently obtained noteworthy partnerships with industry giants like as Aethir and io.net. GAIB , a platform that is developing financial infrastructure for artificial intelligence computing, made the announcement today that it has successfully completed its pre-seed funding round of $5 million. The round was co-led by Hack Venture Capital, Faction, and Hashed, and it also included strategic investments from notable organizations such as Spartan, CMCC, L2IV, Animoca Brands, IVC, MH Ventures, Presto, J17, IDG Capital, 280 Capital, Aethir, and Near Foundation, in addition to a number of angel investors. The funds will be used to increase the size of the research and development and operations teams, speed up the process of product iteration, and develop the infrastructure of the platform in order to satisfy the requirements of the market. Its objective is to pioneer a liquid, decentralized market for enterprise-grade graphics processing units (GPUs), and the funds will help it realize that purpose. Additionally, the funds will address major gaps in GPU financing and investor accessibility. GPUs and their yields are tokenized by GAIB, which enables the establishment of a new asset class that is supported by actual demand for artificial intelligence. Within the realm of artificial intelligence (AI), which has traditionally been controlled by stock investments in a few number of major AI or semiconductor businesses, this innovation makes it possible to create new and direct investment channels. Through the integration of artificial intelligence, GPU needs, and blockchain technology, GAIB presents a revolutionary kind of yield-bearing assets. These assets serve as the basis for a wide range of decentralized finance (DeFi) use cases, providing users with access to direct GPU exposure, yield products, hedging, speculation, and a variety of portfolio strategies. Kony Kwong, Founder and CEO of GAIB stated: “We’re building the first economic layer for AI compute, bringing new investment possibilities into this surging sector. With this funding, we’re transforming GPUs and their yield into a tradable asset class, empowering individuals and institutions to directly engage with the trillion-dollar AI compute market through these new vehicles for direct investment.” Alex Pack, Co-founder and Managing Partner from Hack VC added: “We are thrilled to support GAIB as they unlock direct investment opportunities to the critical AI compute market that has long been dominated by a few large players. We’re excited to support GAIB in building the financial infrastructure for the AI era.” GAIB has also recently obtained noteworthy partnerships with industry giants like as Aethir and io.net, establishing itself to be a pioneer in the field of financial innovation for compute assets. In addition to significantly enhancing GAIB’s ecosystem, these developments make it possible for the organization to scale thanks to its one-of-a-kind approach to compute financialization. In order to create a new kind of yield-bearing assets that are supported by actual AI needs, GAIB is the first economic layer for artificial intelligence compute. The tokenization of enterprise-grade GPUs and their yields results in the creation of a decentralized liquid market for GPU financing. This market offers investors direct exposure to GPU assets while simultaneously satisfying the rising demand for high-performance computing. The platform makes it possible to build a wide range of decentralized finance (DeFi) use cases on top of it. These use cases include GPU-backed stablecoins, lending and borrowing, options and futures, and a variety of structured products.
Top Crypto AI Agents for 2025
The AI agent ecosystem is evolving, driven by a complex interplay of Smart Engagement metrics and Market Cap movements. December 2024 presents a critical phase with market corrections, new entrants, and insider speculation about Binance's involvement in AI tokens. In this article, we delve into the performance of leading AI agents , analyze trends, and explore the future of this burgeoning sector. Top Crypto AI Agents for 2025 1- Top Performers: Observations and Trends AIXBT Agent: Engagement Outpaces Valuation Previous Smart Engagement: 4050 | Market Cap: $201.24M Updated Smart Engagement: 4690 | Market Cap: $232.94M Analysis: AIXBT recorded a notable surge in Smart Engagement (+640), signaling increased user interaction and dominance. However, a Market Cap decline (-$16.21M) suggests cautious investor sentiment. This highlights the disconnect between user engagement and financial valuation in the AI agent market. By CoinMarketCap - AIXBTUSD Performance (1M) Vader AI: User Growth Amid Financial Caution Previous Smart Engagement: 236 | Market Cap: $37.32M Updated Smart Engagement: 266 | Market Cap: $27.11M Analysis: Vader AI saw modest engagement growth (+30) but suffered a significant Market Cap drop (-$10.21M). The divergence may reflect broader concerns about scalability and investor hesitation, reminiscent of the Facebook vs. Blackrock dynamic. GOAT (Truth Terminal): Stability Under Pressure Previous Smart Engagement: 374 | Market Cap: $777.79M Updated Smart Engagement: 374 | Market Cap: $702.53M Analysis: Despite maintaining stable Smart Engagement, GOAT experienced a sharp Market Cap drop (-$75.26M). This suggests that provenance alone may no longer suffice to sustain valuation amidst heightened competition . By CoinMarketCap - GOATUSD Performance (1M) Aejo: Improved Engagement, Declining Valuation Previous Smart Engagement: 129 | Market Cap: $6.38M Updated Smart Engagement: 145 | Market Cap: $4.29M Analysis: Aejo demonstrated a modest rise in Smart Engagement (+16), reflecting growing user activity. However, a notable Market Cap drop (-$2.09M) highlights reduced financial backing. This duality suggests the potential for growth in user traction but emphasizes the need for stronger investor confidence to sustain long-term growth. Zerebro (0xzerebro): Reliable Stability Previous Smart Engagement: 813 | Market Cap: $396.14M Updated Smart Engagement: 799 | Market Cap: $396.18M Analysis: ZEREBRO demonstrates consistent performance, with virtually unchanged metrics in both Smart Engagement and Market Cap. This reflects a strong bond with its community, leveraging culture to sustain its position amidst broader market fluctuations. 2- Emerging Players: New Faces, High Impact GOD Agent: Stellar Debut Previous Smart Engagement: - | Market Cap: - Smart Engagement: 435 | Market Cap: $122M Analysis: GOD launched with impressive engagement and financial backing, positioning itself as a key contender. Backed by NousResearch, its innovative approach and branding have quickly drawn attention. Rogue Agent: Speculative Potential Previous Smart Engagement: 30 | Market Cap: $1.3M Smart Engagement: 65 | Market Cap: $0.8M Analysis: Rogue emerged as a niche player, with moderate engagement and a minimal Market Cap. Its speculative nature suggests potential for high-risk, high-reward opportunities. Polytraderagent: Polymarket-Focused Growth Previous Smart Engagement: 50 | Market Cap: $13.5M Updated Smart Engagement: 56 | Market Cap: $9.14M Analysis: Polytraderagent demonstrates balanced metrics with a modest increase in Smart Engagement (+6) but a significant decline in Market Cap (-$4.36M). After launching and quickly rising to $20M, sustained interest in trading and analyzing Polymarket data could revive its valuation. Some see Polytraderagent as a polymarket equivalent to AIXBT, potentially positioning it for future gains. Simmi_IO: Balanced Debut with Room for Growth Previous Smart Engagement: 30 | Market Cap: $25M Updated Smart Engagement: 67 | Market Cap: $21.87M Analysis: Simmi_IO entered the market with engaging content and notable financial metrics, quickly surging to a $34M Market Cap before retracing. Despite a slight decline, it continues to compete with more established agents in the $20-40M range. Simmi_IO's blend of humor and functionality adds a unique dynamic to the agent ecosystem, suggesting potential for further growth. Top Crypto AI Losers of 2024 AIHegemonyMemes: Declining Metrics Previous Smart Engagement: 103 | Market Cap: $44.32M Updated Smart Engagement: 86 | Market Cap: $41.69M Analysis: AIHegemonyMemes experienced marginal declines in both Smart Engagement (-17) and Market Cap (-$2.63M), signaling waning interest. Despite the slowdown, the potential for networks of agents to spike in interest—such as the @joinFXN superswarm—provides a glimmer of optimism for resurgence. VVAIFU (VVAIFUDOTFUN): Mixed Metrics Previous Smart Engagement: 119 | Market Cap: $64.64M Updated Smart Engagement: 104 | Market Cap: $92M Analysis: VVAIFU displayed an unusual trend, with a drop in Smart Engagement (-15) but a sharp Market Cap increase (+$27.36M). The divergence suggests speculative trading or renewed investor confidence. Many agents from the ai16zdao protocol are contributing to Solana's infrastructure gaining traction, aligning with the surge in interest during price discovery. BULLY (Dolos Diary) Previous Smart Engagement: 365 | Market Cap: $164.72M Updated Smart Engagement: 360 | Market Cap: $120.16M Analysis: BULLY faced declining engagement (-5) and a sharp Market Cap drop (-$44.56M). Increased competition and investor hesitation likely contributed to its underperformance. FOREST (Mycelial Oracle) Previous Smart Engagement: 59 | Market Cap: $41.55M Updated Smart Engagement: 59 | Market Cap: $29.7M Analysis: FOREST 's steady engagement contrasts with a significant financial pullback (-$11.85M). This indicates waning investor confidence despite stable community support. Emerging AI Themes and Key Trends Market Correction: The AI agent market is undergoing a recalibration, with notable pullbacks across multiple players. Emerging entrants like GOD and SIMMI indicate potential for new growth, but overall investor caution prevails. Binance's Strategic Moves: The rumored activity of Binance acquiring and preparing to pump AI tokens adds a speculative element, encouraging investors to watch for sudden market movements. Speculative Interest: Agents like VVAIFU defy trends with declining engagement yet rising Market Cap, driven by speculative trading. Saturation Myths: Concerns about market oversaturation appear unfounded, as only a fraction of launched tokens achieve agent status. This underscores the need for informed analysis over speculation. Binance's Secret Moves: AI Coins in the Spotlight Adding to the current intrigue, speculation around Binance's involvement in AI tokens has emerged. A recent tweet suggests that Binance is secretly accumulating AI coins with plans to pump their value through strategic listings: "Binance is SECRETLY buying AI coins. Next move? Pump them hard with listings. Same playbook as $NEIRO, $ACT, $PNUT. I’ve tracked their wallets and insider trades." If these claims hold, Binance’s actions could significantly impact market dynamics, introducing heightened volatility and speculative interest in AI tokens. Investors may look to align their portfolios with potential tokens targeted for Binance listings. December 2024's AI agent analysis reveals a dynamic landscape of rising stars, consistent performers, and cautious investors. Speculation around Binance’s potential influence further intensifies interest in the ecosystem. As new players emerge and established agents evolve, staying informed about insider moves, Smart Engagement trends, and financial metrics will be essential for navigating 2025 in this promising yet volatile market.
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