Daily Insights: AI Crypto Surge

Grass Protocol is building the data layer for AI

๐ŸŒต The Intersection of Crypto & AI ๐ŸŒต

Daily Insights

Top Movers (24hrs):

๐Ÿ”ฅ Neuron AI (NEURONI) - up 61.9% to $1.32
๐Ÿ”ฅ Vertuswap (VRSW) - up 51.4% to $0.0236
๐Ÿ”ฅ Forta (FORT) - up 49.7% to $0.3082

News, Events & Project Launches

๐Ÿ’ฐ According to a Coinbase report, the performance of AI-related crypto tokens has been primarily driven by news and 'memetic speculation,' outpacing major cryptocurrencies and AI stocks.

๐Ÿ“ˆ Motley Fool reports that the surge in Nvidia's stock signals a promising direction for AI crypto tokens, highlighting Fetch.ai as a potentially valuable investment, balancing its ambitious marketplace for AI bots against the risks inherent in speculative tech markets.

๐Ÿค– Elon Musk announced that xAI will open-source Grok, xAIโ€™s LLM chatbot.

Project of the Day

๐ŸŒฑ Grass is a decentralized community network that focuses on collecting and organizing the data needed to train AI models. It enables users to earn from their unused internet bandwidth by sharing data with AI research labs through Grass. The goal is to create a fair and open place for sharing data, allowing everyone to benefit from the improvement in AI. Grass wants to ensure AI can reach more people and that the rewards of AIโ€™s progress are accessible to everyone.

Tweet of the Day

๐Ÿ›  ChainGPT showcases its AI tools.

Must Watch

๐Ÿ‘พ Ryan & David from Bankless breakdown narrative investing in the AI sector.

Jobs Board

๐ŸŸ  UI Designer, AI & Web3 @ Sahara
 Apply here
๐ŸŸ  Head of Community, AI & Blockchain @ Serotonin
 Apply here
๐ŸŸ  Software Engineer, Machine Learning @ Whatnot
 Apply here

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