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Joined November 2021
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Devrim992 retweeted
Absolutely insane shit happening over at Robinhood Social today
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The aggressiveness from sellers and the magnitude of the drops on altcoins in such a compressed period of time are something to keep an eye on. Most of the PAs I'm watching also involve long wicks toward significant HTF OBs/FVGs, a sign that market makers are re-balancing the market. The sooner this happens, the sooner you can expect an HTF reversal as most of the liquidity ๐Ÿ’งcontained in the market is being collected, fueling the next move. Considering the undamaged BTC HTF structure, the fast๐Ÿฉธ weโ€™re seeing across the altcoin space seems a beautiful smart money manipulation. They fueled ๐Ÿ”ฅthe hype with all of these overly bullish ETF announcements while distributing at the highs (last fake push to 72K was the hint) creating a nice ๐Ÿชค for the bulls. However, what I honestly think is that theyโ€™re now creating another ๐Ÿชค for the bears, pushing the sentiment down to all-time lows and making people believe they already have one foot into the grave. ๐Ÿ’€ The sentiment indeed matches the HTF ๐Ÿ’ง levels. Then they will likely reverse back up everything bringing the last macro ๐Ÿชค with people that will believe โ€œbullrun is in play, we told you, time for moon ๐ŸŒ™โ€ And then the Infinite Tsukuyomi will commence, creating the illusion in which retails will perpetually ๐Ÿฉธ left and right. My stablecoin position is slowly awakening.
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I saw ๐™– ๐™ก๐™ค๐™ฉ ๐™ค๐™› ๐™ฅ๐™š๐™ค๐™ฅ๐™ก๐™š superficially question $KOIN utility, since there are no gas fees. So I want to clarify this topic and try to explain why I believe #Koinos has all the ingredients to ๐จ๐ฎ๐ญ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ everything else in the long run. Let's start here: Do you think $SOL topped at 75billion USD market cap because it's used to pay a fraction of a penny in fees? Probably not. The reason is that it's the centerpiece of the #Solana blockchain economy. Likewise $KOIN is the focal point of whatever is built on #Koinos and MANA is a property of every $KOIN that you "spend" to utilize network resources and recharges over time (up to 5 days). Also MANA recharges faster the more $KOIN you hold in your wallet.๐Ÿ’ก Everything is gonna be priced in $KOIN: NFTs, new tokens, services, launchpads, etc. $KOIN will be the currency for lending and borrowing, for liquidity pools, for tipping, donations, gaming, perpDEXes, etc. You get the point. The more ๐๐š๐ฉ๐ฉ๐ฌ, the more ๐ฎ๐ฌ๐ž๐ซ๐ฌ, the more ๐“๐•๐‹, the more the ๐ž๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ grows. ๐Ÿ“ˆEcosystem growth = $KOIN demand growth. And which ecosystem has the greatest potential to go viral? A ๐™›๐™ง๐™š๐™š-๐™ฉ๐™ค-๐™ช๐™จ๐™š one. One that you can compare to a Web2-like experience. ๐Ÿ”‘๐‘จ๐’„๐’„๐’†๐’”๐’”๐’Š๐’ƒ๐’Š๐’๐’Š๐’•๐’š ๐’Š๐’” ๐’•๐’‰๐’† ๐’Œ๐’†๐’š. Let's delve deeper into the factors that favor growth. ๐Ÿ•น๏ธ๐‘ซ๐‘จ๐‘ท๐‘ท๐‘บ Smart contracts and decentralized applications are essential components of a general purpose blockchain. To build great dapps that bring value to the creator and to their users, Koinos requires to attract developers. Koinos has been cleverly crafted to be ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ž๐ซ๐ฌ-๐Ÿ๐จ๐œ๐ฎ๐ฌ๐ž๐ from day1, by offering: 1โƒฃUniversal language support 2โƒฃLittle to no financial risk to deploy (no gasfees) 3โƒฃKoinos Pro service (coming soon) with docs and tooling to speed up the process โš’๏ธEasy to build, easy to deploy and easy to make changes on the fly. On top of that, being free-to-use empowers developers to build protocols that could never be successful on a gasfee-chain. For example a social network: koinos-social.vercel.app/ Or a collaborative canvas: kanvas-app.com/app/ To name a few. Last but not least; devs can choose, by holding $KOIN, to ๐๐ž๐ฅ๐ž๐ ๐š๐ญ๐ž their ๐ง๐ž๐ญ๐ฐ๐จ๐ซ๐ค ๐ซ๐ž๐ฌ๐จ๐ฎ๐ซ๐œ๐ž๐ฌ (MANA) to dapp customers so that the onboarding process becomes even more frictionless. ๐Ÿšน๐™๐™Ž๐™€๐™๐™Ž A ๐›๐ซ๐ž๐ž๐๐ข๐ง๐  ๐ ๐ซ๐จ๐ฎ๐ง๐ for dapps and protocols, especially because free-to-use, will likely attract a lot of users and traffic. Speaking for experience, once you start transacting for free, it's almost impossible to go back to gas fees. This will significantly increase ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐ซ๐ž๐ญ๐ž๐ง๐ญ๐ข๐จ๐ง ๐ซ๐š๐ญ๐ž๐ฌ in the long run. Is #Koinos ready to onboard an unprecedented number of users? Probably. If that's not the case the modular architecture allows the team to upgrade without hardforks to meet the necessities. ๐Ÿ’ฐ๐™๐™Š๐™๐˜ผ๐™‡ ๐™‘๐˜ผ๐™‡๐™๐™€ ๐™‡๐™Š๐˜พ๐™†๐™€๐˜ฟ The more users, the more total value locked. It could be divided between $KOIN, stablecoins, NFTs and tokens deployed on the Koinos blockchain. Everything bought, sold, swapped or transferred has to refer back to $KOIN, increasing its demand. ๐Ÿ“๐˜พ๐™Š๐™‰๐˜พ๐™‡๐™๐™Ž๐™„๐™Š๐™‰๐™Ž This is the value proposition that caught my attention and ultimately convinced me to invest in $KOIN and to participate in growing the network. I didn't even mention the industry first ๐๐ซ๐จ๐จ๐Ÿ-๐จ๐Ÿ-๐๐ฎ๐ซ๐ง consensus algorithm, that merges the best from PoW and PoS. Nor the tokenomics: ๐Ÿ๐š๐ข๐ซ ๐ฅ๐š๐ฎ๐ง๐œ๐ก๐ž๐ without VCs involvement, no team allocation and no premine, 100% in circulation +2%/year inflation to reward block producers. Nor the truly decentralized and community driven nature. ๐Ÿ’ก๐‘ฐ๐’•๐’” ๐’–๐’๐’Š๐’’๐’–๐’†๐’๐’†๐’”๐’” ๐’Š๐’” ๐’–๐’๐’‘๐’‚๐’“๐’‚๐’๐’๐’†๐’….
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Altcoinist #ALPHA Review: $KOIN @koinosnetwork - The Feeless Blockchain ๐ŸŸช Proof-of-Burn (PoB) ๐ŸŸช Free to Use ๐ŸŸช Scalable ๐ŸŸช Fair Launched @Koinosnetwork, $KOIN stands out as the pioneering blockchain platform that offers free usage, a unique feature in the industry. This innovative platform was created by a team that previously contributed to the development of Steemit, a blockchain-based social media platform that ranked among the top three in 2016. Their experience and expertise have been instrumental in shaping $KOIN into a user-friendly and accessible blockchain, setting a new standard in the field by eliminating usage costs... Feeless and Free-To-Use: ๐Ÿ”นNo Fees, Fully Free: Koinos offers a Mana system, similar to internet usage, enabling blockchain access without needing any tokens. ๐Ÿ”นMana regenerates fully in up to 5 days. Plus, developers enjoy free access to smart contracts. The Mana system in Koinos functions like a rechargeable battery, allowing applications to provide free transactions. The only "cost" involved is the recharge time for their "battery". This innovative method ensures a genuinely free user experience, akin to the seamless interactions familiar on the internet. โ–ซ๏ธ Fair Launch: Just like Bitcoin 1.0 and 2.0, Koinos's initial supply was mined via proof of work, without any ICO, founder tokens, or investor tokens. โ–ซ๏ธ Proof of Burn: Proof-of-Burn alters the cost of securing the network from relying on electricity and hardware to being time-based, merging the security aspects of Proof-of-Work with the eco-friendliness and adaptability of Proof-of-Stake. โ–ซ๏ธ Universal Language Support: Koinos supports smart contracts in multiple languages, including TypeScript and C++, thanks to WASM and Google's Protobuf. โ–ซ๏ธ Speed: Koinos delivers almost instant user and application experiences with its rapid 3-second block times. The mainnet supports an average of 150 TPS and can peak at 450 TPS. However, its primary focus isn't on throughput but on upgradeability. This means Koinos can swiftly integrate advanced scaling solutions like sharding or parachains as they become available, ensuring continual advancement and security. โ–ซ๏ธ Mining for Everyone: Proof-of-Burn in Koinos eliminates the need for costly mining equipment, blending Proof-of-Work security with Proof-of-Stake eco-friendliness. โ–ซ๏ธ Upgradable / Evolving Blockchain: Koinos features a modular design with consensus and governance via smart contracts, allowing easy upgrades of core features without hard forks or prolonged delays (Ex: ETH 2.0). โ–ซ๏ธ Microservices Architecture: Koinos distinguishes itself as one of the rare blockchains that utilize a microservices architecture. This approach allows developers the flexibility to construct their own custom microservices using a wide range of major programming languages. This shift marks a significant move away from traditional, large, and unwieldy monolithic codebases, offering a more modular and adaptable development environment. โ–ซ๏ธ Flexible KOIN Supply: KOIN's supply dynamically adjusts according to market conditions, similar to sophisticated global currencies, but managed through a decentralized, algorithmic process. Increased mining activity leads to more KOIN being burned, consequently reducing its market availability. โ–ซ๏ธ Background and Evolution Koinos Group, composed of experienced blockchain professionals, is dedicated to advancing blockchain technology for widespread use. Their focus is on equipping developers with ๐ŸŸชuser-friendly tools to create decentralized applications that resonate with users. Central to their strategy is the Koinos blockchain, an ever-evolving, completely decentralized platform. It stands out with its ๐ŸŸช no-entry-barriers approach, offering free accounts, free transfers, and free smart contracts. Team ๐Ÿ‘ค Andrew Levine: CEO, steering the strategic direction of Koinos. ๐Ÿ‘คMichael Vandeberg: CIO, a key architect of the Koinos blockchain. ๐Ÿ‘คSteve Gerbino: CTO, instrumental in developing Koinosโ€™s technology. ๐Ÿ”ธ Market Position: With a capped supply of 100 million $KOIN and a fair-launch ethos, it mirrors Bitcoin's scarcity principle and Ravencoin's robustness. ๐Ÿ”ธ Differentiation: Unlike typical ERC-20 tokens, Koinos's โ€œManaโ€ allows users to transact without costs, positioning itself as a hedge against blockchain oligopolies. Ecosystem and Community ๐ŸŒŽ ๐Ÿ”น Infrastructure: Koinos is crafting an ecosystem that caters to both the developer community and end-users, facilitating seamless blockchain integration. ๐Ÿ”น Community Engagement: A community-governed model ensures an egalitarian approach to blockchain development and operation. Tokenomics ๐Ÿ“ˆMarket Cap: - $44 Million with a circulating supply of 37 million $KOIN with a price of $1.21 each. ๐Ÿ“ˆLaunch Method: Koinos adopted a fair-launch model akin to Bitcoinโ€™s origins, eschewing ICOs and pre-mines. ๐Ÿ“ˆIncentive Mechanisms: The tokenomics are designed to reinforce the networkโ€™s expansive vision and foster a self-sustaining ecosystem. Use Cases and Applications โ™พ Core Functionality: Koinos's paves the way for ๐Ÿ‘‡ ๐ŸŸชFree to Use Blockchains ๐ŸŸชDeFi ๐ŸŸชNFTs ๐ŸŸชEliminating needless computational work, Koinos's proof-of-burn consensus ensures robust security without vast environmental costs. Institutional Interest: Its novel model and strategic approach might even attract institutional interest, capitalizing on the emerging trend of blockchain utility. Roadmap๐Ÿ—บ๏ธ The Koinos roadmap extends ambitiously until 2024, showcasing a progressive development strategy. Key highlights also include Integration with popular gaming engines ๐ŸŽฎ - Such as : @UnrealEngine & @unity Conclusion $KOIN could potentially be a good runner for this bull, considering it's a Fair Launched #PoW project. This niche will likely attract more and more investors in the coming future since most of them have experienced rug pulls/dumps from devs before. @koinosnetwork has been an under-the-radar project, not mentioned often. The market has matured since its inception, and investors lost money due to rugs. This might potentially be the time in the markets when investors finally realize the great value of a Fair Launched project such as Koinos. As always, NFA and ๐Ÿ”Ž
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๐Ÿ“ข๐Ÿ† The International Contenders Series is currently live in the MILC Metaverse! Presented by the MILC Platform & @thefilm_verdict, dive into an unparalleled cinematic journey for the 96th Oscarsยฎ. ๐Ÿ“• Read all about it: milc.medium.com/milc-platforโ€ฆ #MILC #Metaverse #Web3
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Devrim992 retweeted
I guess no Word is needed to be spoken in this illustration, but we all know what happend next to Cardano After 2019, this revolutionary project shot Up to a $95 B asset. I have the same vibes again, but this times its called Radix #Radix #Cardano $XRD $ADA $Sol $Sui $Eth
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I usually don't like to give targets but here's some perspective on the market cap potential for $TAO, this cycle. Let's compare last cycle performances of a few layer 1s, which had almost 0 users, no moat and was a crypto specific narrative. youtu.be/oZJLbDvfjw8?si=CJrpโ€ฆ ๐Ÿงต
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Foundry are the third largest validator on the #bittensor network They are also the largest #Bitcoin miners in the world with a 28.3% share of the hashrate $TAO
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The number of subnets on #bittensor will continue to grow.. As of right now, there is a limit of 32 sub networks.. Eventually this will be raised to 64 subnets.. Then 128, and so on.. In the future.. we anticipate hundreds and hundreds, if not thousands of #bittensor subnetworks With the ability to help one another in the shared pursuit of truth A network of networks to unleash the true power of intelligence $TAO
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How many times have you died BTC $btc #btc
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$TAO is approaching $500m market cap on 100% organic growth โฌ›๏ธ Subnets expanding โฌ›๏ธ Volumes increasing โฌœ๏ธ Network getting stronger โฌœ๏ธ Products in people's hands 1. We're seeing explosive growth in subnets being registered on the #bittensor network since the Revolution update - Image Generation - Multi Modality - Machine Translation - Data Scraping - Audio Generation - Data Storage Etc etc.. All individual subnets.. Being worked on by community members.. Utilizing the #bittensor network.. To provide the rails for revolutionary AI products ๐Ÿ”ฅ The beauty is.. This is only going to expand from here โšซ 2. Volumes are increasing organically and that was always going to be half the battle with a project that was fairly launched with no pre-mine or no central authority or team in charge of exchanges All advancements in relation to exchange listings, market making etc have been done so by the #bittensor community.. And yes, this has provided many challenges but the rewards are all so sweeter for it It has given us a closer insight into the absolute scummy, predatory and sometimes corrupt nature of these exchanges and the way they operate.. Which is sad to see.. Handing over ridiculous listing fees on fake promises.. or providing ranking sites with information, just the have the goalposts moved when meme coins are deemed okay to list in any state My hope is that credible exchanges like @krakenfx and @coinbase will take notice of a credible project like #bittensor and do the right thing by opening real dialogue to list the $TAO token I personally am done with dealing with these scummy exchanges, and I know others are too.. I want the best because it is all this project deserves 3. The Revolution update has allowed for explosive growth by harnessing the true vision and potential of what this network is capable of With the launch of sub networks, the @opentensor Foundation simply become just another cog in the system.. And have given everyone the tools to build their own frameworks for revolutionary products in a true decentralized manner It doesn't matter if you are the best machine learning expert in the world, a company looking to utilize an incentivized network, or a frustrated aspiring ML student in Mali with little options.. The door is open for all who want to unleash their ideas on the world and be incentivized to do so This herein lies the beauty.. Everyone is incentivized to utilize the #bittensor network โฌ›๏ธ Miners are incentivized to mine through $TAO rewards โฌ›๏ธ Validators are incentivized to validate through $TAO rewards โฌ›๏ธ People/companies are incentivized to create and run subnets through to lure of $TAO rewards $TAO incentivizes everyone to participate in the network and within this.. opens a new paradigm of growth Even issues around cabals or those looking to game the system for nefarious purposes have been squashed and ultimately resulted in a more fair and robust network.. Much akin to #bitcoin and the continuous attempts to exploit, only result in something more powerful and secure The network is growing day by day.. It is getting stronger day by day.. It is unleashing more potential day by day.. #Bittensor is the ever expanding black hole that will consume all open source AI and ultimately leave no choice for centralized AI giants to begin utilizing the network This is by design and it's already begun โšซ 4. Products from community built subnets are beginning to release into the world and into the hands of the public Subnet 5 has seen the creation of three separate image generation products built by @AIZorr0, @mogmachine and @CreativeBuilds, who registered and created the subnet.. These are three community products that have the ability and potential to rival multi billion dollar companies like Midjourney and Stablediffusion all by utilising one powerful network.. #bittensor People are creating incredible pieces of AI generated art with a simple prompt.. /imagine It's been a joy to see the excitement in the $TAO community and the plethora of powerful, funny and inspiring images that have been created so far You can see these being generated in real time by visiting the Reply Tensor Txt2Img telegram group Here ๐Ÿ‘‰ t.me/replytensortxt2img You can also create your own images directly on X by typing.. /imagine (your prompt) @replytensor It begs the question.. These are just the very first products and the reaction has already been incredible.. But what kind of valuations are we to see on such a network when hundreds of subnets and thousands of revolutionary AI products and infrastructures are released into the wilds to disrupt the status quo thanks to a truly incentivized, open and decentralized creation The beauty is.. We are going toย findย out $TAO
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sometimes you get a really productive day of coding. that was today. for the whole team. update is getting tested on staging - it should clear up issues we've seen with the CPU grinding in ways that creates lag for applications and unhappy forks.
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Devrim992 retweeted
Audio generation soon on #Bittensor. ๐Ÿ‘€ $TAO
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It is October 25th, 2016. $ETH (the first smart contract enabled layer one protocol) is trading at $15. It is October 25th, 2023. $TAO (the first subnet enabled intelligence protocol) is trading at $67.
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Write up #1 - Bittensor // $TAO Bittensor is "the" open-source AI network for democratized intelligence. To me Bittensor is the counterparty of corporate controlled centralized tech. I have been researching $TAO for the past 6 months and have fallen deep down the rabbit hole. In this post I'll leave some of my thoughts and some links to other peoples writing. The Bittensor discord can be very technical at times and the whitepaper must be Hebrew or Mandarin to most. To this day I am undecided about wether to call Bittensor the biggest gamble in my portfolio or to call it the most promising investment I have ever made. The future success of Bittensor is uncertain at best, but the future they are building is a future I want to believe in. Bittensor's vision revolves around democratizing AI. Core values If I had to summarize Bittensor in 5 core values I would say: Decentralization, Open Source, Incentivization, Accessibility, Community Driven. These values align with the ethos of Web3 or better yet, they are contrarian to the values Web2 was build on. The importance of these values has never been as obvious as today, with the arrival and rapid development of AI, LLM's and the convergence of new technologies in general, everything is happening at the same time and everything is changing and change is coming fast. As @punk6529 beautifully said 2 years ago: "No king in history ever had the ability to censor every single transaction across the economy" teapawt.org/punk6529/status/142845โ€ฆ Censorship With technologies rapidly advancing the ability to censor becomes more and more present, centralization could lead to systems of staggering social control, I fear centralized AI will be the dominant factor in this potential social control. Decentralized solutions provide an even playing field for all. They protect the common man against monopolistic powers, but above all centralization and regulatory scrutiny can bring an end to innovation. Open-source marketplace This brings us back to Bittensor and its open-source artificial intelligence marketplace. Its free market model ensures that the best models come out on top at the best possible price. Subnets With the recent launch of subnets, some fundamental changes where made to the network. I won't go to deep into this as @bittingthembits has previously written about this in detail. teapawt.org/bittingthembits/โ€ฆ Recycling Bittensor has similar tokenomics tokenomis to Bitcoin $BTC. The same 21M max supply and 4-year halving cycles, however there is a slight difference. This difference is recycling $TAO. You can read more about recycling here: teapawt.org/0xTaoRao/status/โ€ฆ All in all it is safe to say that it is hard to come by articles that are able to encapsulate all that is Bittensor without them losing the common reader before the end of the first sentence. That is why I want to end this post with this must read article about Bittensor by @PhilJBonello plaintextcapital.com/blog/biโ€ฆ Thanks for reading my brain dump ๐Ÿซก
Why Bittensor $TAO Recycling is a solid network feature for competition as well as for price? First, letโ€™s explain what is TAO recycling. Bittensor network has miners and validators, who both receive TAO in return for their valued contributions (serving models & inferring intelligence for miners, and validating intelligence for validators). And to become a miner or a validator, you have to have a registered key in the network, along with other GPU and power requirements. And to register, you have toโ€ฆ yes, you guessed it... recycle TAO, which is paying an X amount of TAO back to the network. Not only that, but registration is not only for new entrants, but also for those who get de-registered because they -for miners- aren't competitive enough in their model and inference amongst the others, or -for validators- aren't setting continuous proper weights, and not sustaining emission, and donโ€™t have enough TAO in their key (self-delegated + from other delegators). This by itself escalates registration demand. So, miners and validators need to re-register if they get dropped out and de-registered due to the competition. And re-registration is just as same, you have to recycle TAO to be active and contributing as a miner and/or validator, again. Yes, itโ€™s that competitive among them. So, for each key (re)registration, you have to recycle an X amount of TAO. This amount of recycled TAO gets out of circulating supply, back to the protocol, where it can be mined again in the future. Letโ€™s elaborate on two parts here, the (re)registration itself, and the effects. Currently, Bittensor has three live subnets S21, S11 & S1, of which two are incentivized, the prompting subnet S1 (receives ~93% of emissions), and a filter-like registration subnet S11 (receives ~7% of emissions). Currently on the prompting network (subnet1) only -values are dynamic-: ~135 average daily (re)registration keys. ~7.5 TAO average (re)registration cost. Thatโ€™s: ~1,000 TAO being recycledโ€ฆ Everyday! Either: Mined --> recycled Bought -> recycled (source: taostats) Not to forget, that this is only for the text-2-text prompting subnet. The registration subnet S11 also requires TAO to be recycled for a miner/validator to be there. Also, there are many other subnets to be released very soon, including but not limited to: Text-2-image (done, on testnet), text-2-video (done too), text-2-music (WIP), Pretrain subnet (WIP), etc. (source: github repos) And all of these subnets will require their own (re)registration, thus leading to x2, x3, x4 and maybe even more x the size of current TAO recycling, depending on how many subnets will be out there, size of subnets, demand for each subnet, and amount of TAO needed to register for each subnet (dynamic upon moving average parameter). And with more subnets released, current protocol emission (7,200 TAO daily) will be redistributed among them, most likely on equal share or close to each other, more or less. So, now... What does recycling TAO do? Well, letโ€™s explain the tokenomics first, so we can have a clearer view on the effects of recycling TAO. Bittensor $TAO has the same tokenomics and conception & curve of #Bitcoin: 21M max supply and 4-year halvings. (source: taostats) However, even though TAO adopts BTCโ€™s conception & curve, with its recycling feature, the curve is positively dynamic and not completely fixed as in Bitcoin. How? Well, current daily emissions of the first cycle are 7,200 TAO (same as Bitcoinโ€™s emissions during its first cycle from Jan 2009 to Nov 2012). However, as shown above, every day, about 1,000 TAO gets recycled from key (re)registration. This results in removing that TAO from circulating supply and putting it back into the protocolโ€™s emission bank. And this delays and pushes back the halving further from the scheduled 4-year halving, not to forget this recycled TAO value is dynamic, and could be a lot more when more keys are (re)registered, TAO recycle cost gets higher, and when other subnets are released too. So, instead of the scheduled first halving to take effect after 4 years from inception, it could take 5 or 6 years to reach there, maybe more. It all depends on the TAO amount emitted vs. TAO amount recycled. One might ask: Is there enough demand for this to work the way itโ€™s laid out? Well, fundamentals, data and stats tell all. Even though Bittensor is still early, yet based on average figures shown above for only one subnet, it shows that demand is there and has been increasing since inception. Knowing the exact demand curve is difficult to draw. However, one can fairly and reasonably estimate how big the demand can be through fundamentals. And the fundamentals are there for Bittensor TAO, due to the need for open-source, decentralized, incentivized, transparent and owned-by-all A.I. fighting centralized biased organizations & governments. And hereโ€™s a simple infographic I made, explains a bit of why demand is there, and the potential effect on price in current and future cycles.
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$XRD and $EXRD is another project that has now launched their chain/engine on mainnet. @radixdlt is just a victim of timing with the bear market. When the rally comes (and it will), this one is going to melt faces (been a while since I have said that). LOL Buy and Stake!
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๐Ÿช™ Tokenomics: $SAITO just reduced their maximum supply from 10 to 8B, with 3B currently in circulation. An additional 5B will be distributed over 20 years $SAITO has 47% of token distribution allocated for Network Incentives, and 0% inflation wiki.saito.io/en/tokenomics
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#BTC MONTHLY! Momentum is preparing for a new run! The moving average, which gives healthy results in the long term, was regained and the accumulation phase began. #BitcoinETF #bitcoin $btc #crypto #Cryptocurrency
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The Token Migration UI Bridge is Live ๐ŸŒ‰ And another crucial piece of the puzzle has fallen into place ๐Ÿงฉ Now that the bridge is live, we invite you to come and listen to the space about Tokenomics to see what it means and how to use it. Set a reminder ๐Ÿ‘‡ ๐ŸŽ™๏ธ teapawt.org/i/spaces/1eaKbgdโ€ฆ Remember, Red Square is where all major announcements drop first, so be sure to be a part of the action there ๐Ÿ”ฅ The post in Red Square with all the details ๐Ÿ‘‡ ๐ŸŸฅ saito.io/redsquare/?tweet_idโ€ฆ Stay tuned for more updates โฏ
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Keep It Simple-K.I.S.S Pivot underway+likely complete today Major expansion next led by ๐Ÿ‘‰#BTC taking markets to ATH
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