๐ŸŽ Weekly Roundup: Meta & Wayfinder Make Moves

Meta released and open-sourced its new model Llama 3

๐ŸŒต The Intersection of Crypto & AI ๐ŸŒต

Weekly Roundup

Market Metrics

Total Crypto Market Cap: down 4% to $2.5T
Total AI Sector Market Cap: down 14.2% to $20.8B

Top Movers (7 days):

๐Ÿ“ˆ OpenFabric AI (OFN): up 44.1% to $0.5946
๐Ÿ“ˆ Nosana (NOS): up 28.9% to $4.02
๐Ÿ“ˆ Solidus AI Tech (AITECH): up 16% to $0.222

Highlights of the Week

๐ŸŸ  The Wayfinder Foundation released a slick demo of the first Wayfinder prototype completing AI-driven transactions onchain, including a swap, send, bridge and staking deposit.

๐ŸŸ  Meta has released Llama 3, an open-source language model in 8B and 70B sizes, showcasing improved reasoning capabilities and promising future enhancements in the coming months.

๐ŸŸ  The Fetch.ai, SingularityNET, and Ocean Protocol communities voted to approve the Artificial Superintelligence Alliance. The official token merger is expected to arrive within the coming weeks.

๐ŸŸ  Nim Network has partnered with the Wayfinder Foundation to create wayfinding paths, extending Nim Network's capabilities and supporting Wayfinder's multi-chain expansion.

๐ŸŸ  Microsoft released VASA-1, an advanced video generation model demonstrating incredible realism and liveliness.

๐ŸŸ  Taoshi announced the Request Network, a marketplace allowing Subnet owners to offer access to their data and services.

๐ŸŸ  Inference Labs closed its $2.3M pre-seed funding round, led by Mechanism Capital, DACM, and Delphi Ventures.

๐ŸŸ  VIRTUAL staking is live. Stakers must convert their VIRTUAL tokens into xVirtual and stake them on a Virtual AI Agent. Staking reward distribution will start on April 18.

ICYMI โ—๏ธ

ORA Protocol

๐ŸŒ We released an alpha thread on ORA Protocol, breaking down why we believe ORA appears to be a solid project. Check it out here:

Midle Airdrop

๐Ÿช‚ Midle has announced an airdrop event for their native token, MIDLE, starting on April 15, 2024. To participate:

  1. Sign up on Midle and link your EVM wallet to your account.

  2. Complete tasks on the Airdrop page to earn MXP.

  3. Stay active on Midle's Telegram channel for additional airdrop criteria and tips from admins.

The MIDLE airdrop will be claimable using the wallet address linked to your Midle account. For more information, visit their X page here.

Meme of the Week

๐Ÿ’ฆ Token2049 in Dubai looked a little wet. Luckily, the flooding has started to clear up since earlier this week.

Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

๐ŸŒต Access the report here! ๐ŸŒต

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.