Market Metrics

Total Crypto Market Cap: up .2% at $2.72T
Total AI Sector Market Cap: down 2.3% to $32.5B

Top Movers (24 hours):

📈 Cudos (CUDOS): up 8.7% to $0.01526
📈 Bostrom (BOOT): up 7.2% to $0₇1917
📈 Bad Idea AI (BAD): up 6.5% to $0.0₇1916

What’s up Outpost Fam!

Quick update on Onchain Outpost! We have listened to your feedback and have made the decision to transition from our daily cadence to a more focused, three-day-a-week format. Here are the best parts you can look forward to:

👀 Monday: Flex Day (Airdrop Radar, Sound Bites, Project Spotlight)

🧠 Wednesday: Big Brain Breakdown

🐎 Friday: Weekly Roundup

We're making this transition because we believe it will enable us to deliver higher-signal insights that are much more valuable, actionable, and ahead of the conversations that occur on X.

Rather than overwhelming you with an abundance of information, we want to deliver content that helps you navigate through the complexities and sparks interest that leads you to developing your own theses.

(We don’t wanna be the guys to deliver/repackage the 1938th blog on some shit you already know about just for the sake of shipping a blog post.

If you have any questions about the transition or would just like to chat, feel free to hit us up on X! @PonziPaddy & @brodyadreon 👊🏻

Weekend News

🟠 Consensus 2024 in Austin will run from May 29th to May 31st. There are several AI panels scheduled for the conference feauring some big names such as Emin Gun Sirer from Ava Labs, Greg Osuri from Akash, and David Johnston from Morpheus.

🟠 VectorChat introduced the Bittensor "Chunking Subnet," a specialized subnet that optimizes data preprocessing for vector databases. By dividing data into distinct, internally homogeneous chunks, the subnet enhances the platform's quality and ensures the inclusion of only the most relevant data in LLM queries.

Sound Bites 🎧

In Frank Chapparo’s latest conversation on The Scoop with Paolo Ardoino, the CTO of Tether, the two discuss Tether’s expansion into new areas such as AI, education, and telecommunications. Paolo shares his thoughts on the potential impact of AI on society and Tether's role in shaping the future of this technology. Ardoino also touches upon Tether's success, growth, and long-term vision.

Let’s dive into the key points 👇

• Tether focuses on being the stablecoin for the unbanked, with partnerships like Telegram, catering to a global user base with simplicity and usability.

• The team is expanding into AI, education, and telecommunications by building and investing in tools that prioritize user privacy and data ownership.

• Ardoino believes that AI will have a significant impact on society, potentially larger than the industrial revolution, and could replace many jobs in the future.

• The company has invested in biotech firm BlackRock Neurotech, which is developing advanced brain-computer interfaces (BCIs), to explore the potential of combining human creativity with the power of AI.

• Ardoino emphasizes the importance of building localized AI that learns from people but allows individuals to keep their data private, empowering humans to remain unique in the face of centralized AI systems.

• The company's long-term vision includes launching a tokenization platform and digitalizing currency in countries like Bhutan, while emphasizing the importance of stablecoins for individuals in emerging markets.

Meme of the Day

Us coping when other peoples’ memecoins are going up and not ours.