$RENDER AI: Artificial Intelligence combined with Blockchain
2024 is the year of AI. Large AI models like chatGPT continue to be popular, leading NVIDIA to become the world’s most valuable company. The large wealth effect is driving the crypto industry to explore the combination of ‘AI + Blockchain’. In addition to the AI projects like WLD, RENDER, AI that are being widely discussed, the exploration of ‘AI + Meme’ has attracted great interest and participation from retail investors - Truth Terminal has suddenly emerged, with Meme like GOAT, ACT, and Fartcoin leading the trend.
X is seeing a rise in AI Agents such as ai16z, zerebro and other AI Agent frameworks. Does the future belong to on-chain AI? The interaction and investment between Agents is giving it a cyberpunk feel.
DeFi: From Depression to Resurrection
DeFi tokens have had such a low market share in the crypto space, where attention is focused on newer projects rather than older ones, that it reached almost zero at one point, with much less popularity than Meme tokens.
But DeFi is certainly a core use case for blockchain, and now we have the US President getting in on the action: Trump’s subsidiary World Liberty recently bought several DeFi assets, including ETH, WBTC, AAVE, LINK, ENA, and ONDO. The price of DeFi tokens is recovering, so perhaps we are witnessing a DeFi ‘renaissance’.
What are the innovations in DeFi this year? Why do we firmly believe that DeFi will be revitalized? Recommended reading:
What’s driving the rise of long-time DeFi leader CRV? Which related tokens are worth keeping an eye on? Curve is the infrastructure of DeFi, and DeFi is a key use case for The Block, while institutions are entering the scene.
DeFi’s Breakthrough Moment: The Financial Transformation of ether.fi, Aave, Sky, and Lido After years of building liquidity and defending castles, we are witnessing some DeFi protocols entering the phase of sustainable profitability.
Does the Federal Reserve’s interest rate cut ring the bell for the DeFi recovery? The Federal Reserve’s easy monetary policy has created the perfect conditions for DeFi to flourish.#MyBullish Crypto Sectors#
