Daily Insights: Autonolas Awakens

NIM Network, Autonolas, & their synergies

🌵 The Intersection of Crypto & AI 🌵

Daily Insights

Market Metrics

Total Crypto Market Cap: up 7.3% to $2.66T
Total AI Sector Market Cap: up 8.8% to $24.37B

Top Movers (24hrs):

📈 TokenFi (TOKEN): up 61.6% to $0.1018
📈 Atlas Navi (NAVI): up 35.1% $0.4939
📈 Spectre AI (SPECTRE): up 30.2% $0.8691

Highlights of the Day

🎮 NIM Brings AI Agents To Blockchain Gaming
The NIM Network, a highly adaptable blockchain that aims to provide an ecosystem at the intersection of blockchain AI and gaming, has announced it will integrate Olas. As covered last week, Olas is one of the main projects bringing autonomous AI agents to the blockchain, and NIM Network plans to integrate these agents into its Web3 gaming world.
➡️ The integration of Olas’ AI agents on the Nim Network will enable the project to build gaming economies and significantly bootstrap growth from launch. If you want to learn more about blockchain AI agents, check out last week’s big brain breakdown to get our take on this space.
Related Tickers: OLAS & NIM (yet to launch)

👾 OLAS Staking Proposal Gets Approved
The AIP-4 proposal has been unanimously approved, enabling Olas Staking. This system lets users participate in creating and running their own mini-economies with the help of AI agents. These users can set up specific goals (KPIs) for their projects to achieve. Olas staking helps to bootstrap new projects and drives growth for existing projects by encouraging a cycle of sustainable economic activities.
➡️ Autnolas is at the forefront of the blockchain AI agent space, and the approval of the staking proposal will help drive the creation of useful and self-sufficient AI agent economies. With this new mechanism, anyone who can articulate goals via KPIs coded into smart contracts can propose a staking program. Agents that meet the KPIs will be rewarded, incentivising useful agent activity. DAO members can use veOLAS to direct token emissions to their preferred programs based on the goals they are most aligned with. Learn more about the project here.
Related Tickers: OLAS

* = we own

In Other News

🟠 BSC Daily lists 25 projects that could be listed on Binance, including 5 AI projects. AI projects listed: @AITECHio, @Friend3AI, @Chain_GPT, @openfabricai & @GT_Protocol.

🟠 ChainGPT has announced a strategic partnership with imToken, a trusted crypto and DeFi wallet with over 15 million users worldwide.

🟠 Elastos has partnered with IoTeX to provide identity verification and validation services for Decentralized Physical Infrastructure Networks (DePINs).

🟠 DexCheck partners with Zignaly, an AI-powered investment platform, to provide AI-driven data and connect users with the best traders to follow.

🟠 BlackRock files with the SEC to launch a tokenization fund & deposits $100 million USDC on Ethereum.

🟠 The Ethereum Foundation is under investigation by a “state authority”, which Fortune reports is the SEC seeking to classify ETH as a security.

Must Watch

👇 Great episode by exit liquidity discussing AI agents with Oak from Autonolas.

Tweet of the Day

Three of the largest traditional finance companies in the entire world are entering the blockchain space. Probably nothing…

Airdrop Radar

AITECH announces its Grand Airdrop Campaign. It may not be the most lucrative, as there is space for 10,000 winners and currently only $50k worth of tokens up for grabs, but if it doesn’t get diluted, you could get lucky with a few hundred bucks for clicking a few buttons.

Developer’s Corner

ChainGPT has released new tools in an effort to onboarding new developers.

Jobs Board

🟠 Senior Machine Learning Engineer @ Coinbase ($185k)
 Apply here
🟠 Software Engineer, Machine Learning @ Coinbase ($140k - $165k)
 Apply here
🟠 Senior Staff Machine Learning Engineer @ Coinbase ($126k - $127k)
 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.