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Daily AI Recap

Posted on July 18, 2024 by Admin

Daily AI Recap

Grayscale Investments has created and launched a decentralized artificial intelligence fund, Grayscale Decentralized AI Fund LLC. This fund includes leading altcoins and focuses on three main types of decentralized AI assets:

  • Bittensor (TAO): Builds decentralized AI services.
  • Filecoin (FIL) and Livepeer (LPT): Protocols that create solutions for issues related to centralized AI, including verification and authenticity checks against bots, deep fakes, and misinformation.
  • NEAR and RENDER: Critical infrastructure and resources for AI technology development.

The Worldcoin team revealed that they will extend the unlock period from three years to five years. The extension of the lock-up period—from three to five years for 80% of the tokens—is aimed at strengthening the stability of the Worldcoin ecosystem. The current unlocking process will span four years, ending in July 2028, with the vesting schedule extending until 2029. This has resulted in the WLD token increasing by 50% in the past few days.

Masa Bittensor Subnet collaborates with CoinList.

Aethir offers $50M in rewards for checker node license holders ($20M) and staking ($30M). Aethir's annual business operations (enterprise-level improvements through decentralized GPU infrastructure) currently generate annual revenue of $36M. Once the major deployments are completed, the funds will be used to buy back ATH. Previously, Aethir and IOnet were collaborating through token swaps (rewarding users with each other's tokens). However, the token swap has been temporarily halted (they still provide enterprise GPUs to IOnet).

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