Vitalik Buterin recently expressed dissatisfaction with the surge of celebrity memecoin launches. In response to a discussion about Iggy Azalea’s MOTHER token and its impact on the trend of celebrity cryptocurrencies, Buterin emphasized that projects should aim for sustainable value creation.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

He believes that participants should feel satisfied and happy about their involvement, even if the tokens eventually lose their value.

Vitalik Buterin’s Views on Celebrity Tokens and Financialization
In a June 5th post on X, Vitalik Buterin voiced his perspective on the proliferation of celebrity tokens. He emphasized that financialization, particularly in the realm of celebrity tokens like Iggy Azalea’s MOTHER token, should serve a purpose that adds societal value. Buterin highlighted examples such as enhancing healthcare, supporting open-source software, and promoting art and creativity as meaningful uses of financialization.

Source: Vitalik Buterin

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

The discussion arose in response to speculation about Iggy Azalea’s MOTHER token potentially leading a trend towards sustainable value creation in celebrity cryptocurrencies. Celebrity tokens are digital assets endorsed by celebrities, leveraging their fame to attract interest and investments within the broader cryptocurrency ecosystem.

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

Vitalik Buterin recently critiqued the current trend of celebrity memecoins, contrasting them with projects like Ashton Kutcher and Mila Kunis’ Stoner Cats. He praised Stoner Cats for funding an actual show, highlighting its substance and purpose compared to other memecoins lacking similar tangible contributions.
Vitalik Buterin recently critiqued the current trend of celebrity memecoins, contrasting them with projects like Ashton Kutcher and Mila Kunis’ Stoner Cats. He praised Stoner Cats for funding an actual show, highlighting its substance and purpose compared to other memecoins lacking similar tangible contributions.

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

According to Buterin, for a celebrity crypto project to earn respect, it should prioritize a clear public benefit goal beyond enriching celebrities and early investors. He emphasized the importance of longevity, preferring projects that can sustain themselves over a decade rather than fleeting trends that quickly fade.
r potential to foster community engagement. He stressed that while DAOs shouldn’t dictate agendas entirely, they should allow community influence to some extent.
Celebrity Memecoin Surge and Controversies
The trend of celebrities launching memecoins on Solana has escalated recently, with Iggy Azalea’s MOTHER token debut on May 28 marking another addition. This trend includes prominent figures like Caitlyn Jenner, rappers Soulja Boy and Rich The Kid, and adult-content models Kazumi and Ivana Knöll, all releasing their tokens in quick succession.

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

However, following the launches, several celebrities, including Azalea, have voiced concerns about potential scams related to their token releases, implicating entrepreneur Sahil Arora. Arora, in response, has denied any allegations of misconduct connected to these launches. Azalea specifically stated that her token launch on May 28 was not associated with Arora.
Meanwhile, Afro-pop star Davido faced criticism from the Nigerian crypto community regarding his newly launched meme token, DAVIDO. Many within the community expressed concerns that Davido’s token launch might lead to a planned token dump in the near future, raising skepticism about the project’s intentions and potential outcomes.

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

#Vitalik #Bitcoin #Ethereum #Airdrop $ETH $BTC $SOL

Vitalik Buterin, the co-founder of Ethereum, recently took to Reddit to share his thoughts on self-custody, social recovery, and multisig wallets. Buterin is known for his strong views on decentralized systems and blockchain technology, and his Reddit post is a valuable resource for anyone looking to store their cryptocurrency in a safe and secure manner.

In his post, Buterin outlined his views on social recovery and multisig wallets, which he believes are a great way to store funds securely while still retaining control over them. He explained that multisig wallets are particularly effective because they give users most of the key benefits of self-custody, without the risks of having to be responsible for their entire security setup. Buterin also noted that social recovery wallets are much easier to use than multisig wallets and will become even more user-friendly with upcoming wallets like Soul Wallet.

However, Buterin stressed that the key to using social recovery and multisig wallets securely lies in choosing the right guardians. Guardians are the people who hold the keys that allow access to your funds, and they play a crucial role in ensuring the security of your cryptocurrency. Buterin suggested that guardians should be chosen based on their ability to minimize the chance of losing their keys or colluding to steal funds.

Buterin’s rule of thumb is that enough guardians should be controlled by other people to ensure that there are enough guardians left to recover your funds if you disappear. He also advised that guardians should not know each other, as this greatly reduces the risk of collusion, and each guardian should be on a separate device to avoid commonalities that could compromise too many of your guardians at the same time.

Furthermore, Buterin recommended that guardians should ask a security question before approving any operation to prevent unauthorized access. This security question should be something that only the guardian and the user know, and the guardian should only approve the operation if the user gives the correct answer.

Finally, Buterin advised that if you are doing “degen” stuff (i.e., high-risk activities), you should make sure that you have guardians who can respond quickly. Otherwise, this does not matter.

In conclusion, Vitalik Buterin’s Reddit post is a valuable resource for anyone looking to store their cryptocurrency securely using social recovery and multisig wallets. By following his advice and carefully choosing guardians, users can ensure the safety and security of their cryptocurrency, while still retaining control over their funds.

#Vitalik #VitalikButerin #Ethereum #azcoinnews #selfcutody

This article was republished from azcoinnews.com

Ethereum co-founder Vitalik Buterin has recently sold a significant amount of cryptocurrencies, commonly referred to as "shitcoins", which were previously airdropped to him. The total value of these tokens was approximately $700,000, and he exchanged them for Ether (ETH), which is currently valued at $1,553.

Vitalik Buterin sold a significant amount of cryptocurrencies previously airdropped to him.

The sales were conducted through his digital wallet on Etherscan on March 7.

He sold 500 trillion SHIK for ~380 ETH, worth ~$595,448.

He also sold almost 10 billion CUL Tokens for ~58 ETH, worth ~$91,000, and 50 billion MOPS tokens for ~1.20 ETH, worth ~$1,900

Buterin's holdings represented a large portion of the circulating supply for some of the tokens, resulting in a significant drop in their prices, particularly SHIK, which experienced an ~90% decrease.

( As Vitalik Buterin's holdings represented a significant portion of the circulating supply for certain tokens, his recent sales have led to a substantial drop in their prices. )

Source:- Vitalik wallet on Etherscan

The low liquidity of the tokens meant that the sales had a significant impact on their prices.

Notably, SHIK experienced the largest price drop, with a decrease of ~90%, following Buterin's sale, as per CoinMarketCap data.

Source:- CoinmarketCap

Source:- Twitter page of SHIKOKU

It is worth noting that the total circulating supply of SHIK is 1 quadrillion, and the 500 trillion SHIK previously held by Buterin represented 50% of the current supply.

If you found this content helpful, please consider liking and sharing it with others. Additionally, be sure to follow me for future updates and informative content.

Thank you for your support.

#crypto2023 #cryptonews #buildtogether #Vitalik #bitcoin

📍 Binance's move to list #Worldcoin $WLD has caused a lot of speculation about the current market making teams "gradually setting up" for a super giant picture of the AI ​​array during the Bull-run period. after Halving 2024. Worldcoin mission during Bull-run season? So is this reasonable?

Trend AI & Worldcoin?

➡️ The trend of accelerating the development of the AI ​​field is also reflected in the fact that Elon Musk changed Twitter's name to X. Recently, Musk founded an AI company called X.ai and has repeatedly talked about turning Twitter into X. this social network into a "super app similar to China's WeChat. He said in October last year that the acquisition of Twitter was an important turning point in the development of X, the full-featured application.

➡️ Compared with existing AI projects in the Crypto market, Worldcoin's products are somewhat practical, investors as well as the community are easy to grasp information as well as understand the potential when investing in projects in 1 next -2 years.

➡️ Worldcoin is currently the first project to develop products for user identification through “retina scanning” of the user and then verifying the identity on the Blockchain.

➡️ Worldcoin was founded by Sam Altman and Alex Blania. Sam Altman, is the CEO of OpenAI, the company has been successful with ChatGPT in the early part of this year.

➡️ Currently, there are nearly 2 million people registered to provide biometric data, mainly in the Southern Hemisphere, and Worldcoin has supported 25 countries, including France, Indonesia, Sudan, Chile...

➡️ Worldcoin's goal this year is to place 1,500 Orb eyeballs around the world. This project is made with the aim of building a universal cryptocurrency network and collecting biometric data from anywhere thanks to AI technology.

📍 Worldcoin has a mission during Bull-run season?

➡️ Based on how the project allocates the $WLD token. When 75% of the token is for the community and most of it is used to reward users when conducting identification. In addition, tokenomics has a "ponzi" part in the distribution of the above rewards when there is a difference between miners ( Operators ) and users ( Users ).

➡️ It's still the rule "the first to make money from the later" . The amount of worldcoin received by users and miners will “decreasing over time” due to the “Vesting Schedule” . Early registrants will receive more incentives and benefits than later registrants.

➡️ Those who have experienced the #GameFi season will understand well how successful this ponzi model has been in attracting newcomers to the market.

➡️ The $WLD vesting schedule is also showing the project development team's calculation in the last 6 months of 2024 when the circulating supply is around 2 billion $WLD tokens (~20% of the total supply).

➡️ This is the ideal rate to blow up the price of tokens, similar to what uni did with the #DeFi DeFi trend when there was a "huge" growth and "Lead-Trend" during the Bull-run wave in the T11/2020 period . This pulls the market into a full-blown 2021 Uptrend.

📍 Risks at the moment?

➡️ Recently, CryptoQuant CEO denounced Worldcoin as a "scam" when publicly criticizing the project.

➡️ Ki Young Ju's accusations come in response to Worldcoin's ambitious "world ID" vision, which aims to provide a unique digital passport to verify users are real people and not bots. WHO.

➡️ Ethereum founder #Vitalik Butterin pointed out the security risks of the Proof-of-Personhood mechanism that Worldcoin is applying.

➡️ Transferring rights to third parties in exchange for money or renting someone else's ID, can create 3D clones or lose control due to hacking or government forcing to provide IDs.

However, Vitalik has also proposed a solution for each problem so that the project can be researched and perfected in the future.

#AI $BTC

#crypto2023 #bitcoin

Title: Unleashing the Synergy: Crypto and AI Forge Ahead - Insights from Vitalik
Date: January 30, 2024
In the ever-evolving landscape of technology, the convergence of cryptocurrency and artificial intelligence has emerged as a frontier with immense promise and its fair share of challenges. Ethereum co-founder, Vitalik Buterin, recently shared his perspectives on this dynamic duo, shedding light on the potential and hurdles that lie ahead. The article, available provides a glimpse into the exciting developments at the intersection of crypto and AI.
The Intersection Unveiled
Vitalik's insights delve into the world of crypto + AI applications, emphasizing their collective potential to reshape industries and redefine possibilities. The synergy between these two domains opens up new avenues for innovation and disruption.
Key Mentions: Leading the Charge
Several projects are prominently featured in Vitalik's analysis, each contributing to the narrative of this bullish signal for the crypto + AI convergence:
1. Worldcoin: Positioned at the forefront, Worldcoin explores the intersection of cryptocurrency and artificial intelligence, hinting at groundbreaking possibilities.
2. Polymarket: A decentralized information markets platform, Polymarket embraces the potential of AI to enhance prediction markets, offering a glimpse into the future of decentralized finance (DeFi).
3. Modulus Labs: With a focus on AI-driven solutions, Modulus Labs enters the arena, potentially showcasing the transformative power of artificial intelligence in the crypto realm.
4. Augur: Known for its decentralized prediction market protocol, Augur signifies the evolution of predictive analytics and forecasting through the infusion of AI.
5. Kleros: Positioned as a decentralized dispute resolution platform, Kleros explores how AI can contribute to enhancing the efficiency and fairness of dispute resolution mechanisms.
6. Numerai: A pioneer in crowdsourced quantitative finance, Numerai's integration of AI exemplifies the potential of machine learning in optimizing financial strategies.
7. Rabby Wallet: In the realm of crypto wallets, Rabby Wallet's mention indicates the exploration of AI-driven features to enhance user experience and security.
8. BitTensor: As a player in the field, BitTensor is likely contributing to the convergence by integrating AI capabilities into blockchain ecosystems.
Challenges Alongside Promise
While the prospects are undoubtedly exciting, Vitalik doesn't shy away from acknowledging the challenges. The integration of crypto and AI poses hurdles related to scalability, interoperability, and the ethical considerations of AI applications.
Conclusion: A Bold Future Beckons
In conclusion, Vitalik's exploration of the promise and challenges of crypto + AI applications paints a picture of a bold and transformative future. The mentioned projects signify the ongoing efforts to unlock the full potential of this synergy, and as the industry navigates challenges, innovation is bound to flourish. The convergence of crypto and AI is not just a possibility; it's a journey unfolding before our eyes, promising a paradigm shift in technological landscapes.
Disclaimer: The information provided in this article is based on public sources and the insights shared by Vitalik Buterin. Readers are encouraged to conduct their research and due diligence before making any investment decisions.
#AI #Vitalik #ALT #WLD $WLD $ETH
Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!😇😇

Worldcoin, a project that raised up to 200 million USD, is causing a lot of buzz. The core technology of the project: Proof of Personhood is evaluated as extremely potential. However, it also has problems that can seriously affect the security of users' identities.

What is Proof of Personhood (PoP)?

Proof of Personhood (PoP) is a concept in #Web3 that aims to uniquely identify an individual on the blockchain. Users need to prove their real identity before engaging in activities on the blockchain, such as voting, staking, or accessing certain services.

PoP requires individuals to prove their identity through various means of verification. It becomes important because it helps prevent fraud and other malicious activities on the blockchain.

#Worldcoin establishes Proof of Personhood through a private, decentralized and permissionless global identity protocol called World ID.

To build World ID, Worldcoin's development team proposed a verification mechanism based on a bio-imaging device called Orb – a spherical device. Once a person verifies their identity on Orb, they can receive a unique Proof of Personhood certificate on a compatible digital wallet.

World ID can be thought of as a global digital passport or a digital identity wallet and can be used anonymously thanks to a Zero-knowledge proof (zkP).

Currently, the community is divided into two camps: one strongly supports the PoP features and the other expresses certain concerns. A Tweet of Worldcoin on July 28th showed the great influence of this new technology on users.

Advantage

Proof of Personhood offers many significant benefits and addresses two key challenges when using advanced AI technology:

Limiting the number of accounts per individual helps protect against online attacks using fake identities (Sybil attacks).

Prevent the dissemination of artificial intelligence-generated content that looks and sounds realistic to deceive or spread large-scale misinformation.

Proof of Personhood allows filtering of content or accounts that have been confirmed to be human or non-human, helping to prevent the widespread spread of artificial intelligence-generated misinformation.

Supported verifications include phone number verification for easy access for anyone with a smartphone and Orb iris verification for high accuracy.

Disadvantages of PoP from Vitalik Buterin's point of view

Because of storing information about the user's identity, Proof of Personhood has many problems:

Proof of Personhood is still new and in beta, and there are challenges that need to be overcome before widespread adoption.

#Vitalik addressed the important privacy and security issues involved in Orb implementation, as well as the ethical concerns surrounding the adoption of biometrics as a potentially risky technology. or not.

Vitalik's point of view

Vitalik wrote a blog post on the “proof of biometric identification”, arguing that it may work well in the short term, while social media-based methods may be more stable in the long run and assume a larger share of responsibility over time as Worldcoin's algorithm improves.

He believes that the security of identity technology is declining rapidly and may only be effective in 1-2 years.

Systems with a few hundred people with close ties to the founding team can face a loss of security when exposed to communities they don't have information about. However, a system that relies on tens of millions of users with biometric IDs could actually work. That means, Proof of Personhood needs to reach millions of people to be effective.

Biometric-based startups may perform better in the short-term, while social-graph-based techniques may be more sustainable in the long-term and account for a large share. greater in taking on responsibility over time as their algorithms improve.

The creator of Ethereum has both expressed support for the technology that Worldcoin uses but also expressed certain hesitations about the development of Proof of Personhood for humans.

Personal opinion

With Proof of Personhood from Worldcoin, users can be assured of their personal information, avoiding attacks using fake identities.

However, concerns about its effectiveness from many experts seem to raise many concerns among the investor community.

In addition, restricting the identity to only 1 identified account will hinder the wave of Airdrop / Retroactive from users because it is not possible to use as many accounts as before. This is also a factor that makes many people feel afraid to use this iris scanning technology.

#crypto2023 #AITokens

$WLD $HIGH $BTC