Market Metrics

Total Crypto Market Cap: $2.7T up 4%
Total AI Sector Market Cap: $27.6B up 5%

Top Movers (24hrs):

📈 Aimbot AI (AIMBOT): up 28.7% to $6.76
📈 Vaiot (VAI): up 25.1% to $0.0005552
📈 PAAL AI (PAAL): up 22.6% to $0.6637

Highlights of the Day

🚶‍♂️Virtual Protocol’s Mainnet Beta Goes Live On Base
Virtual Protocol has announced their Mainnet Beta is live. Virtual Protocol enables the creation of AI characters for virtual worlds. For example, it could allow an author to bring a novel's protagonist to life as an interactive guide in an online world, making stories more immersive. It rewards contributors for building and ensuring the quality of these AI models and simplifies the process for developers wanting to enrich their apps with interactive AI, offering a new revenue model for IP owners. You can read Virtual Protocol’s whitepaper here.
➡️ Base's unique positioning as the most accessible blockchain for onboarding directly from Coinbase exchange and wallet—two of the world's most utilized crypto platforms—primes projects on Base for substantial retail capital flows. The seamless onboarding of investors from Coinbase to Base will open a floodgate of retail investment flows onto the chain. For reference, here is a visual displaying the recent capital flows onto Base chain.

This creates a distinct opportunity for investors, as Base native projects (like Virtual Protocol) are set to benefit from this wave of retail capital.
Related Tickers: VIRTUAL

🔊 Leaders Move Towards Decentralized AI Projects
Emad Mostoque, former CEO of Stability.AI announces his resignation to focus on decentralized AI. Stability AI is an open-source generative AI company that provides AI models in imaging, language, code, and audio.
➡️ More leaders in the AI space are noticing the importance and cultural shift towards decentralized AI, signifying the inevitable growth and advancements in the space. We will see more AI innovators making this transition and aligning under the ethos of decentralization.

📈 Access AI-Driven Trade Signals With TimelessFi
You can now access AI-driven trade signals from Proprietary Trading Network (PTN) via TimelessFi. PTN is a new trading network built on Bittensor by Taoshi that combines smart trading, AI, and powerful strategies, allowing people to share and buy trading tips for better investing, with rewards for contributors and benefits for all users.
➡️ Get a two-week free trial to make the most of the trade signals while you can. Access here.

* = we own

In Other News

🟠 Vault Tech goes on a partnership spree, announcing partnerships with Hash Rent (decentralized GPU network), VPS_AI (decentralized cloud infra), Micro_GPT (AI coding assistant) and Creatopy Builder (tokenisation infra).

🟠 Io.net and Gaimin partner to add 50k+ monthly active users (MAUs) to create the “biggest GPU aggregator in the world.” They claim to now have the world’s largest supply of decentralized GPUs.

🟠 Phoenix GenAI has rolled out its latest upgrades, greatly improving its image and video generation features as a decentralized generative AI platform.

🟠 Founder of Akash Network, Greg Osuri, posts an image from Stability.AI’s latest text-to-image model, Stable Diffusion 3, highlighting the quality (insane). You can join the waitlist to access it here.

Tweet of the Day

💸 Arkham Intel posts about the outflows of BTC from Grayscale’s GBTC product. Many believe the outflows from GBTC are suppressing the price of Bitcoin, so it will be interesting to see what happens as the flows begin to dry up over the coming months.

Airdrop Radar

Ionet is currently tokenless and has previously raised at a $1B valuation. They are currently running a Galxe campaign, and it sounds like they have allocated some of the $IO token supply to an airdrop for community and early contributors. The full tweet thread below outlines the details, but here are two tasks that could put you in the running:

1. Galxe Campaign: Score points and mint a Galxe passport here. This is a super low-effort activity, so it likely won’t net a huge allocation.

2. Lend Your Hardware: Got a GPU/CPU? Use the io.net instructions here to put it to work. It should take about 15 minutes, even if you’re not a tech whiz. Doing this is likely to net you a nice allocation.

Jobs Board

🟠 Neural Internet is hiring a range of technical roles.
 Check the full list here
🟠 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