Market Metrics

Total Crypto Market Cap: down 1.9% at $2.38T
Total AI Sector Market Cap: up 16.7% to $30.3B

Top Movers (24 hours):

📈 Orbofi AI (OBI): up 9.4% to $0.01905
📈 Vectorspace AI (VXV): up 5.4% to $0.6172
📈 DeepBrain Chain (DBC): up 5.2% to $0.003435

Daily News

🟠 Open AI released GPT-4o, its new flagship model that can reason across audio, vision, and text in real time. The AI community has been talking about the release and the product demos non-stop over the past 24hrs.

🟠 Ora Protocol community members can now earn points through Ora’s new referral based point system. The ORA Points Program “recognize and reward those who contribute to and engage with the ORA ecosystem.”

🟠 ChainML has raised $6.2M in its seed extension round led by Hack VC. The team also released its AI platform Theoriq, an “agentic base layer.”

🟠 Arbius has partnered with Exabits, a decentralized infrastructure project for AI that enables users to train their own unique AI models.

🟠 Nillion released an update to its SDK that expands network storage and adds new Nada language features.

Airdrop Radar 🪂

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.

This weeks airdrop opportunity is with Nesa and doesn’t require any capital to get involved. It probably won’t make you rich but you’ll likely net a nice little drop for clicking some buttons.

Introduction to Nesa

Nesa is a Layer 1 that performs critical AI inference with a focus on privacy, security, and trust through its sharding and privacy co-optimization approach. It offers an alternative to centralized platforms like ChatGPT by providing a decentralized query marketplace and AI model store for Web3.

Nesa's protocol lowers the barrier to entry for participating nodes by accommodating various levels of computational capabilities. This democratizes AI inference and makes network participation accessible to all, in contrast to competing systems that restrict inference participation to entities with access to top-tier GPUs due to high hardware requirements.

NES Token Functionality

Nesa's native token, NES, will be used by developers to pay for AI model inference and query availability on the network. Additionally, NES holders can delegate their tokens to Nesa validators in exchange for a portion of the validator’s staking rewards. Nesa plans to establish a governance system that will allow NES holders to participate in governance initiatives for the community pool and model query parameters.

Early Nesa Community Actions 

While an official airdrop campaign with clear qualifying steps has yet to be announced by the team, the protocol’s documentation gives us confidence that early contributors will get rewarded. 20% of the NES token supply will be airdropped, with 8.8% dropped on TGE and the incentivized testnet stage.

We can take action today to earn an outsized allocation once Nesa begins to capture mindshare. We found a step-by-step guide from @CryptoBobesh on ways you can take action now. Here is their thread summarized:

1. Join the Discord: Access their Discord through this invite link to become a member.

2. Early Beta Access: Register at this designated website for Early Beta Access.

3. Testnet Whitelist Registration: Sign up for the Whitelist for the incentivized testnet using the same email as in step 2 at this link.

4. Discord Activity: Maintain daily activity in their Discord to accumulate points through the Nesa Thrive Tribe Program on the Galxe platform.

5. Guild Membership: Join the Nesa guild and acquire the XFollower role.

6. Content Creation: Optionally, create content about Nesa on platforms like Twitter, X, or Medium, and share the links in the content-creation channel to earn the Content Creator role.

7. Meme Creation: Optionally, create and post memes about Nesa in the designated memes channel to receive the Chief Meme Officer role.

Note: Incentivized testnet activity will be incredibly important considering a large allocation is dedicated to these participants.

❗️Important: As always, use burner accounts where possible (wallet, Twitter, email etc) and never conduct airdrop farming from your main wallet. Always do your own due diligence before deciding to interact with any project.

X Post of the Day

Roaring Kitty has pumped GME to $80 pre-market with a single tweet… We live in a simulation.

Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

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