Biteye AI Daily August 19

Today’s zone market capitalization: $12.84B -3.02%

A day of pullback in the market, the overall development enthusiasm in the zone remains high.

Top 10 Coingecko Trading Volume in 24h: Token Trading Volume Market Capitalization Price Volatility

1- $VIRTUAL $185.2M $795.1M $1.21 -4.1% {spot}(VIRTUALUSDT)

2- $TAO $110.5M $3.4B $354.53 -3.1% {spot}(TAOUSDT)

3- $WAI$48.3M $12.0M $0.05 +15.7% 4- $AI16Z $45.2M $133.0M $0.12 -3.0% 5- $IP $43.3M $1.7B $5.62 -2.8% 6- $SAHARA $36.2M $183.0M $0.09 -2.9% 7- $AIXBT $35.1M $111.3M $0.11 -2.5% 8- $KAITO $30.7M $256.5M $1.06 -2.7% 9- $SHELL $22.4M $35.8M $0.13 -2.5% 10- $GOAT $20.3M $90.9M $0.09 -3.6% $20.3 million $90.9 million $0.09 -3.6%

Key Information

1. @virtuals_io upgrades Genesis: Making Virgen Points Great Again Upgrade Genesis: Make Virgin Points Great Again

• The project’s share held by the project party has increased from 50% to 85%.
• The originally allocated 50% circulating share for the community has been adjusted to 15%, of which 7% is for community token sales, 6% for liquidity pool, and 2% for veVIRTUAL holders airdrop.
• Introduction of a three-tier subscription system: The AI Agent project is divided into three levels. The more $VIRTUAL raised during the subscription, the higher the level, and the corresponding token price is also higher. Similarly, for the same token subscription, the higher the project level, the more retail investors need to pay during the subscription.

Comment: This upgrade is clearly more friendly to the project parties, helping to attract better quality teams and providing a guarantee for the platform’s stable liquidity.

2. Talus
3. The AI Agent framework Nexus of TalusNetwork has undergone a significant upgrade, releasing version v0.2.

• Safer: Encrypted communication achieved through data transmitted via Directed Acyclic Graph (DAG).
• A more robust economic system: a complete token economic model and Gas services, giving developers more economic control.
• Collaborating with @WalrusProtocol to integrate its decentralized on-chain storage service.

Comment: Although the popularity of the on-chain AI Agent framework has cooled down, Talus continues to deepen its efforts, which is commendable.

3. DecentralGPT @DecentralGPT will have its TGE on Binance Alpha tomorrow.

• DecentralGPT raised 3 million USD, dedicated to building a decentralized AI LLM inference network.
• Eligible users can claim airdrop rewards using Alpha Points on the Binance Alpha event page.

Comment: As the cost of inference continues to decline, decentralized inference networks are emerging one after another, and their functionalities are gradually catching up with centralized cloud services like AWS, while the price is only 80% of theirs, anticipating large-scale adoption.

Data source: @xhunt_ai, Cookie DAO, Coingecko

Risk Warning: The above is for informational purposes only and does not constitute investment advice.