Market Metrics

Total Crypto Market Cap: down 1.8% to $2.8T
Total AI Sector Market Cap: down 1.1% to $28.3B

Top Movers (24hrs):

📈 Botto (BOTTO): up 44.7% to $1.64
📈 ArkiTech (ARKI): up 24.8% to $0.2454
📈 Bad Idea AI (BAD): up 18.5% to $0.0₇6586

Highlights of the Day

🧮 Three AI Protocols Discuss Token Merger
Fetch.ai, SingularityNET & Ocean Protocol are in talks to merge their tokens in a move to develop the leading decentralized AI platform. According to Bloomberg, the token will have the ticker ASI.
➡️ The token's fully diluted valuation (FDV) after the merger would be around $7.5B, making it the second largest AI project by FDV behind Bittensor. The tokens for all three projects have rocketed up following the announcement.
Related Tickers: OCEAN, FET, AGIX & ASI (TBC)

🏗 Neura To Offer Foundational Infrastructure To AI Startups
The Ankr team announced Neura, a blockchain that integrates AI, cloud computing, and Web3 technologies to provide infrastructure for AI startups. Neura offers a GPU marketplace, Initial Model Offerings (IMOs) for funding, and storage solutions while utilizing Bitcoin staking. The ANKR token functions as the currency within Neura's ecosystem, enabling access to GPU resources, participation in IMOs, and acquisition of AI services.
➡️ This move by Ankr Network to launch Neura signifies a mindset shift to build and invest in more AI projects and infrastructure in an effort to capture value in the emerging AI boom.
Related Tickers: ANKR

💰 Get Paid Using Openfabric AI
Openfabric AI lets anyone create, share, and monetize AI services at scale. Today, the team posted about the various opportunities for individuals to get paid using their platform. These include:
- Create, launch & monetize an AI app on Openfabric
- Rent your GPU system
- Publish data to train AI models
- Become an ambassador for the project
- Join as a validator
- Become a promoter
There is a corresponding form for each item in the tweet announcement, as there is an application process that must be fulfilled to participate.
➡️ There is an abundance of money-making opportunities available for people looking to break into the space if they pay attention to projects that want to incentivize contributions. Openfabric is a great example.
Related Tickers: OFN

* = we own

In Other News

🟠 BVM Network is collaborating with Polygon PoS to support EternalAI in developing AI-focused Bitcoin L2 blockchains.

🟠 MyShell and Bittensor launched the MyShell TTS Subnet to advance open-source Text-to-Speech technology that “benefits over 1 million users.”

🟠 HyperGPT announced a new roadmap, hinting at the increased importance of their HGPT token. More details are available in the whitepaper.

🟠 PowerPod, a DePIN startup from IoTeX's DePINSurf Accelerator Program, is launching its native token PPD on the IoTeX network to revolutionize EV charging and renewable energy grids.

🟠 VAIOT welcomes new CEO Pawel Stopczynski, an expert in R&D and cybersecurity, to lead the company into a new era of growth and possibilities.

X Post of the Day

💻 Kyle Samani, managing partner at Multicoin Capital, is bullish decentralized compute.

Generative AI of the Day

Airdrop Radar

Echelon has announced the Planetfall Prime Event, in which 60,000 PRIME (~$1.3M) will be distributed to Planetfall Set holders. This will coincide with the release of Planetfall in Parallel TCG.

Doing some rough calcs, we’ve figured out the airdrop should be around 30-50 PRIME ($700-$1100) per SE set, depending on how many completed sets there are on snapshot day. Other set types should be similar.

You can purchase a set here. No snapshot date announced yet.

Jobs Board

🟠 Neural Internet is hiring a range of technical roles.
 Check the full list here
🟠 Senior Machine Learning Engineer @ Whatnot ($250k - $275k)
 Apply here
🟠 Software Engineer, Core Machine Learning @ ($140k - $165k)
 Apply here
🟠 Software Engineer, Machine Learning @ Coinbase ($140k - $165k)
 Apply here

Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

🌵 Access the report here! 🌵