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- ๐ Weekly Roundup: Meta & Wayfinder Make Moves
๐ Weekly Roundup: Meta & Wayfinder Make Moves
Meta released and open-sourced its new model Llama 3
๐ต The Intersection of Crypto & AI ๐ต
Weekly Roundup
Market Metrics
Total Crypto Market Cap: down 4% to $2.5T
Total AI Sector Market Cap: down 14.2% to $20.8B
Top Movers (7 days):
๐ OpenFabric AI (OFN): up 44.1% to $0.5946
๐ Nosana (NOS): up 28.9% to $4.02
๐ Solidus AI Tech (AITECH): up 16% to $0.222
Highlights of the Week
๐ The Wayfinder Foundation released a slick demo of the first Wayfinder prototype completing AI-driven transactions onchain, including a swap, send, bridge and staking deposit.
๐ Meta has released Llama 3, an open-source language model in 8B and 70B sizes, showcasing improved reasoning capabilities and promising future enhancements in the coming months.
๐ The Fetch.ai, SingularityNET, and Ocean Protocol communities voted to approve the Artificial Superintelligence Alliance. The official token merger is expected to arrive within the coming weeks.
๐ Nim Network has partnered with the Wayfinder Foundation to create wayfinding paths, extending Nim Network's capabilities and supporting Wayfinder's multi-chain expansion.
๐ Microsoft released VASA-1, an advanced video generation model demonstrating incredible realism and liveliness.
๐ Taoshi announced the Request Network, a marketplace allowing Subnet owners to offer access to their data and services.
๐ Inference Labs closed its $2.3M pre-seed funding round, led by Mechanism Capital, DACM, and Delphi Ventures.
๐ VIRTUAL staking is live. Stakers must convert their VIRTUAL tokens into xVirtual and stake them on a Virtual AI Agent. Staking reward distribution will start on April 18.
ICYMI โ๏ธ
ORA Protocol
๐ We released an alpha thread on ORA Protocol, breaking down why we believe ORA appears to be a solid project. Check it out here:
ORA Protocol Alpha ๐
We have been closely following recent developments with @OraProtocol since their recent @Optimism announcements. We are particularly intrigued by a few things the team is shipping.
TLDR: tokenized models, rev share, & points
More in the ๐งต below: twitter.com/i/web/status/1โฆ
โ Onchain Outpost ๐ต (@OnchainOutpost)
5:34 PM โข Apr 17, 2024
Midle Airdrop
๐ช Midle has announced an airdrop event for their native token, MIDLE, starting on April 15, 2024. To participate:
Sign up on Midle and link your EVM wallet to your account.
Complete tasks on the Airdrop page to earn MXP.
Stay active on Midle's Telegram channel for additional airdrop criteria and tips from admins.
The MIDLE airdrop will be claimable using the wallet address linked to your Midle account. For more information, visit their X page here.
Meme of the Week
๐ฆ Token2049 in Dubai looked a little wet. Luckily, the flooding has started to clear up since earlier this week.
#TOKEN2049 got liquidated ๐ฆ
โ Crypto Bitlord (@crypto_bitlord7)
1:26 PM โข Apr 16, 2024
Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024
๐ต Access the report here! ๐ต
Disclaimer: This newsletter is provided for educational and informational purposes only and is not intended as legal, financial, or investment advice. The content is not to be construed as a recommendation to buy or sell any assets or to make any financial decisions. The reader should always conduct their own due diligence and consult with professional advisors for legal and financial advice specific to their situation.