🚨 𝗔𝗜 𝗔𝗡𝗗 𝗕𝗟𝗢𝗖𝗞𝗖𝗛𝗔𝗜𝗡 𝗣𝗨𝗦𝗛 $ETH 𝗣𝗔𝗦𝗧 $3100 🚀📈
Vitalik Buterin's concept of "info finance" revolves around leveraging blockchain and artificial intelligence to enhance transparent information-sharing while incentivizing participants for accurate predictions. He believes that improvements in blockchain scalability and reduced transaction fees could make these tools widely accessible, addressing the industry's trust challenges.
Buterin envisions AI as a key factor, suggesting that even if subsidies are necessary, the required amount per query would be minimal. He remarked that AI could significantly reduce costs, enabling high-quality information to be gathered even in markets with low trading volumes.
Following this vision for info finance and prediction markets, Ether’s price surged above $3,000, marking a significant rise of 21.67% over the past week. The breakthrough came after Donald Trump’s victory in the U.S. presidential election, helping the token surpass its previous resistance at $2,800.
Venture capitalist Henrique Centieiro noted on Nov. 8 that the increasing demand and constrained supply of ETH could set the stage for a rally, as the asset enters a phase of scarcity.