Market Metrics

Total Crypto Market Cap: up 0.9% to $2.6T
Total AI Sector Market Cap: up 10.4% to $24.7B

Top Movers (24 hours):

📈 Akash (AKT): up 36.5% to $5.47
📈 Frok.ai (FROK): up 15.3% to $0.1477
📈 Autonolas (OLAS): up 14% to $3.35

Daily News

🟠 Aethir Cloud announced a partnership with io.net, integrating http://io.net's virtualization technology with Aethir's enterprise-grade distributed GPU cloud.

🟠 Morpheus (MOR) token claiming for capital providers and code contributors will begin on May 8. MOR TGE appears to be soon.

🟠 Akash Network announced its first ever conference, Akash Accelerate ‘24, slated for May 28 in Austin, TX, the day before Consensus 2024.

🟠 Google Cloud showcased its Web3 partners.

🟠 Arkham has integrated the Arkham Intel Exchange with Chainlink Functions to decentralize and secure the intel verification process.

🟠 @mkriak demonstrated ORA Protocol’s Proof-of-Inference to prompt Stable Diffusion to "make a Chromie Squiggle without it being an exact replica.”

Airdrop Radar 📡

Eternal AI

Everyone will look back at 2024 as the golden year of airdrops. Free money raining from the blockchain, directly into your wallet. All you need to do is click a few buttons and be consistent, don’t be lazy and miss out on free money anon.

Eternal AI is a decentralized AI platform that aims to allow anyone to permissionlessly publish and consume AI models. It is a Bitcoin Layer 2 that is powered by the Bitcoin Virtual Machine (BVM), with various other modular components, designed for executing AI-enabled smart contracts and storing AI models.

Bitcoin-based projects have received a lot of attention recently due to the hype around the halving and the launch of Runes. While we won’t go into that here, we believe Eternal AI could be well positioned to benefit off this hype once the narrative of “AI on Bitcoin” takes hold.

Eternal AI currently has four image generation models in production, all trained and specializing in different types of image generation such as architecture, scenery and humans, cyberpunk, and an all purpose model. You can test all of these models and earn testnet tokens in the process.

They announced their Season 2 Airdrop with a 500 million testnet EAI prize pool up for grabs. These EAI testnet tokens will be exchangeable for mainnet EAI tokens once the network launches sometime this month. Since these are testnet tokens, they will not be redeemable 1:1. The conversion rate will be announced upon conclusion of Airdrop Season 2.

Good news for you, it’s very simple to participate in the Season 2 Airdrop. To begin earning:

1. Visit: https://eternalai.org/4?ref=undefined

2. Sign up using a burner Twitter account (don’t ever use your main Twitter profile)

3. Use the "/imagine" prompt to generate artwork using one of the four image generation models

4. Share the artwork on X and tag @CryptoEternalAI to earn the EAI.

There are also different ways to boost your testnet EAI allocation. Each task earns a different amount of EAI:

1. 500 testnet EAI each time you generate an artwork and share on X (cap: 5,000 EAI per day)

2. 100 testnet EAI for each like and 10 EAI for each view your artwork receives on X

3. 2,000 testnet EAI for each successful referral (cap: 100,000 EAI per day)

4. 2.5x daily boost every time you are in the top 100 of daily earners

If you have multiple Twitter accounts or friends on Twitter, use them to like the posts of your images so you can juice your rewards.

The token allocation upon TGE:

Disclaimer: We allocated a small position towards the public sale back in March and the platform is a little buggy right now. The team indicated that they are working towards a fix.

Meme of the Day

Who else is an outlier?

Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

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