DeFi & L1L2 Weekly – 🪙 Fetch.ai, SingularityNET, Ocean Protocol to Merge Into ‘Artificial Superintelligence’ Toke…
DeFi & L1L2 Weekly – 🪙 Fetch.ai, SingularityNET, Ocean Protocol to Merge Into ‘Artificial Superintelligence’ TokenFetch.ai, SingularityNET, and Ocean Protocol to merge into ASI token. Vitalik Buterin outlines next steps for Ethereum’s Purge. Ankr unveils Neura, a blockchain for AI startups built on Cosmos SDK.
Weekly DeFi IndexThis week's market capitalisation, volume, and volatility indices were negative at -11.04%, -7.17%, and -21.79% respectively. Chart of the WeekThree decentralised AI platforms — Fetch.ai, SingularityNET, and Ocean Protocol — have agreed to merge their tokens to create the Artificial Superintelligence (ASI) token, with a total supply of around 2.63 billion tokens and a starting price of US$2.82. Fetch.ai’s native token FET will be rebranded as ASI. The native tokens of SingularityNET and Ocean Protocol will be migrated to ASI, both with a conversion rate of 0.43:1. The merger aims to establish an AI collective that provides a decentralised alternative to existing projects controlled by major tech companies, fostering transparency and collaboration in the AI space. Fetch.ai, SingularityNET, and Ocean Protocol are three of the leading decentralised AI platforms today. Collectively, they make up about 27% of the top 10 AI tokens’ market share (15%, 8%, and 4%, respectively) and are valued at approximately $5.17 billion.
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Crypto Market Pulse Weekly - 🇰🇷 Crypto.com App is Launching in South Korea
Tuesday, April 2, 2024
Crypto.com App is launching in South Korea on 29 April. Bitcoin increased for 7 months straight. Hashdex launches 11th Spot Bitcoin ETF. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Wednesday, March 27, 2024
Transactions spike as fees drop in Ethereum L2s post Dencun. Fidelity adds staking to Ether ETF application. Arbitrum rolls out Atlas upgrade, with additional fee reductions and more. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Crypto Market Pulse Weekly - 📉 Spot Bitcoin ETFs Saw Largest Weekly Net Outflows Since Jan 2024
Monday, March 25, 2024
Spot Bitcoin ETF saw largest week of net outflows since Jan 2024. BlackRock launches first tokenised fund on Ethereum, BUIDL. Japan Government Pension Fund seeks information on crypto. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 💰Bitcoin Leads 7 Day NFT Volume
Friday, March 22, 2024
Bitcoin leads 7D NFT Trading Volume. Within 2 days of its airdrop, Runestone becomes third-largest collection by market cap across all chains. Dogwifhat NFT sells on Foundation for 1210 ETH. ͏ ͏ ͏ ͏ ͏
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