As long as you are not born after 2000, you must have heard of 'RSS subscription'. RSS, which stands for Really Simple Syndication, provides summaries of website information, allowing users and applications to deliver information such as article titles, summaries, and full texts to subscribers in a standardized format. Users can aggregate different information sources by subscribing to RSS links from different websites and read this content within a single tool.
Introduction to RSS3:
RSS3 is a decentralized network that indexes and structures open information, making it accessible and valuable for the next Twitter, Google, and OpenAI. With a unique design of the Data Sub-layer + Value Sub-layer, the RSS3 network promotes the entire lifecycle of open information from indexing to consumption and establishes a healthy ownership economy.
Previously, Rss3 secured an investment of $10 million from institutions such as Coinbase and DWF Labs, which is enough to prove its background strength and good fundamentals. Moreover, during the last bear market, RSS3 never stopped building and accumulated a large number of loyal users. Currently, RSS3 continues to expand its main business in line with market trends and strengthens cooperation with technology companies like Google to become the largest open information source for AI model training!
The RSS3 network is uniquely composed of two sub-layers:
The Data Sub-layer (DSL) is responsible for managing the lifecycle of open information, including indexing, transformation, storage, dissemination, and consumption.
The Value Sub-layer (VSL) is an Ethereum Layer 2 blockchain that uses NEAR as a data availability layer and is built using a customized OP stack. It is responsible for handling the value generated by open information activities and applications, establishing a healthy ownership economy for the network. $RSS3 is the native token. All sequencer income will be donated to public goods and ecosystem grants.
This network is meticulously designed to support a wide range of applications from artificial intelligence training, social media to search engines.
RSS3 nodes are responsible for indexing, building, storing, and ultimately providing open information to end-users. All users can stake tokens to join nodes and receive high rewards!
Currently, RSS3 node staking has been developed for several months, with a TVL of $155,485,479 and an average annualized yield of 76%!
Innovations in social, search, artificial intelligence, and other fields
Social: As the largest open social indexer, RSS3 brings interoperability to content and bridges applications and users across various social protocols (including Lens, Farcaster, Nostr, ActivityPub, etc.).
Search: RSS3 simplifies the interpretation and aggregation of open information, making it easy to build search engines, cross-chain explorers, and activity feeds.
AI: RSS3 is the largest open information source for AI model training. The network provides a wealth of ready-to-use information for the training of LLMs and multimedia models. RSS3 nodes can also implement their own locally prioritized models.
RSS3 Token Economic Model:
The total issued Token is 1 billion, of which 64% will be allocated to the community, about 15% to the team, approximately 15% to seed and private placement investors, 5% to the founding company Natural Selection Labs, and 1% to project advisors. Most Tokens will be long-term locked and will be released within 5 years. Future growth of the protocol ecosystem and treasury will come from value-added services, SocialFi activities, transaction taxes, and other aspects.
Since 2023, we can officially say we have entered the era of AI, with AI becoming the main tone of the entire market! So what developments does RSS3 have in AI?
On March 9, 2023, the Open Web information distribution protocol RSS3 launched a Web3 AI open platform for developers, providing an environment to train GPT models on on-chain data. Models trained in this environment will have the ability to access, process, and think about data and information in a decentralized network. The scope covers but is not limited to DeFi, NFTs, decentralized social, and other fields.
Previously, the first search engine product for end-users within the RSS3 ecosystem, hoot.it, launched HootGPT based on GPT, which can provide users with a unique, natural, and interactive search experience.
On June 21, the official RSS3 announced that a plugin called 'Web3 User Activity', developed by them, has officially launched in the ChatGPT store. This plugin collects and integrates all on-chain information and provides it to ChatGPT, allowing ChatGPT users to access more comprehensive on-chain content.
On December 20, according to official news, the Web3 information distribution protocol RSS3 and OpenAI joined forces to create a brand new social AI product for Web3, which has officially launched. This product combines decentralized content with artificial intelligence to build an on-chain market, achieving a perfect combination of social products and AI algorithms. RSS3 aims to achieve an ecological leap in social and AI interaction through this product, transitioning to a new on-chain market.
On April 5, 2024, RSS3 partnered with Google Cloud to promote the development of open information layers, artificial intelligence (AI), and Web3 fields. To further support the construction of the open information ecosystem, RSS3 will collaborate with the Google Entrepreneurs Cloud Program to provide unprecedented technical support for developers in the AI and Web3 fields. Through the Open Information Fund, RSS3 aims to support creative projects and independent developers to jointly move toward a more open and interconnected future.
Rishi Ramchandani, head of Google Cloud APAC Web3 business development, stated that the cooperation between Google Cloud and RSS3 will provide developers with the tools needed to drive the next wave of Web3 innovation.
RSS3 founder Joshua Meng stated that RSS3 will cultivate the next generation of decentralized Twitter, Google, and OpenAI through open information.
On January 2, 2025, the AI+Social concept project RSS3 announced the introduction of TEE technology, which will demonstrate related openness and transparency through DNA comparisons conducted in a Trusted Execution Environment (TEE), hoping to power the next wave of large-scale scientific research.
On January 3, the RSS official announced that it is building the ultimate AI data framework to support functional AI agent innovation in the crypto space and is conducting in-depth research into DeSci with on-chain applications to advance research and tools, accelerate collaboration, and inspire innovation.
[It can be seen that RSS3 has consistently followed and even led the market in technological updates and expansions in AI, collaborating with world-class technology companies such as ChatGPT, OpenAI, and Google Cloud, introducing TEE technology and building the ultimate AI data framework for the innovation of DeSci! It can be said that RSS3 has always been at the forefront of the AI wave!]
So is the value of such a powerful AI engine currently underestimated?
According to token information from CoinMarketCap, RSS3 is currently listed on trading platforms such as OKX, Bybit, Bitget, HTX, MEXC, Gate, and the South Korean exchange Bithumb! There are rumors that it may be listed on the Coinbase trading platform!
The current price of Rss3 is 0.14u, with a total market capitalization of 140 million and a circulating market capitalization of only 95 million.
In summary, RSS3, as an AI engine project that has traversed bull and bear markets, has launched on most mainstream trading platforms and has received investments from top institutions like Coinbase and DWF. In the continuously evolving wave of AI, it has consistently adhered to the philosophy of technological innovation and user-centricity, continuously updating its technology to meet market demands and seeking cooperation and support from more top companies like OpenAI. It is precisely this 'low profile' that has led the market to overlook its true value. Whether a market capitalization of less than 100 million dollars is underestimated compared to most AI projects that only have a concept or shell but boast billions in market cap is worth pondering.
This article is from a submission and does not represent the views of BlockBeats.