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Co-founder of #Ethereum, Vitalik Buterin, has sold 500 MakerDAO (MKR) tokens for 353 #ETH (approximately $579,000 at the time of writing) after #MakerDAO project leader Rune Christensen proposed launching the protocol on Solana. MakerDAO is the issuer of the stablecoin DAI. According to Christensen's statement, the next phase of the organization's development will involve creating its own blockchain, tentatively named NewChain. "This will make the ecosystem safer and more efficient. After some research, I have concluded that the Solana codebase should be considered as the foundation for NewChain," he explained. A day after this announcement, Buterin visited the Discord channel of competing stablecoin project Reflexer Finance. He offered some advice on the project's development if "MakerDAO torpedoed itself in strange directions." Reflexer allows for the creation of #RAI stablecoins, using only Ethereum as collateral. The coin's value is not tied to a specific currency but depends on demand for the asset and the price of ETH. Buterin emphasized the importance of community governance when adding staking functionality. In his opinion, users should ideally start "only with non-dominant services"—meaning everything except Lido Finance. According to CoinGecko data, the price of the Reflexer Ungovernance (#FLX ) token increased by nearly 70% overnight to $14.35. Meanwhile, MKR experienced a slight drop but quickly recovered to its previous level of around $1,120. In May, the MakerDAO team presented a roadmap with a focus on using artificial intelligence. In June, the platform increased the volume of US Treasury bonds in its reserves from $500 million to $1.2 billion. The project took its first step in this direction in October 2022. Later, the issuer reduced the share of the USDC stablecoin in the total collateral for borrowing #DAI. $ETH
Co-founder of #Ethereum, Vitalik Buterin, has sold 500 MakerDAO (MKR) tokens for 353 #ETH (approximately $579,000 at the time of writing) after #MakerDAO project leader Rune Christensen proposed launching the protocol on Solana.

MakerDAO is the issuer of the stablecoin DAI. According to Christensen's statement, the next phase of the organization's development will involve creating its own blockchain, tentatively named NewChain. "This will make the ecosystem safer and more efficient. After some research, I have concluded that the Solana codebase should be considered as the foundation for NewChain," he explained.

A day after this announcement, Buterin visited the Discord channel of competing stablecoin project Reflexer Finance. He offered some advice on the project's development if "MakerDAO torpedoed itself in strange directions."

Reflexer allows for the creation of #RAI stablecoins, using only Ethereum as collateral. The coin's value is not tied to a specific currency but depends on demand for the asset and the price of ETH. Buterin emphasized the importance of community governance when adding staking functionality. In his opinion, users should ideally start "only with non-dominant services"—meaning everything except Lido Finance.

According to CoinGecko data, the price of the Reflexer Ungovernance (#FLX ) token increased by nearly 70% overnight to $14.35. Meanwhile, MKR experienced a slight drop but quickly recovered to its previous level of around $1,120.

In May, the MakerDAO team presented a roadmap with a focus on using artificial intelligence.

In June, the platform increased the volume of US Treasury bonds in its reserves from $500 million to $1.2 billion. The project took its first step in this direction in October 2022.

Later, the issuer reduced the share of the USDC stablecoin in the total collateral for borrowing #DAI. $ETH
**Top AI Coins for 2024** **1. Fetch.ai (FET)** * Focuses on building a decentralized network for autonomous agents and intelligent services. * Aims to create a Web3 economy powered by AI. **2. SingularityNET (AGIX)** * An open-source platform that connects users to a global network of AI tools and services. * Provides tools for building, deploying, and monetizing AI solutions. **3. Ocean Protocol (OCEAN)** * Decentralizes the sharing and monetization of data. * Allows data providers and consumers to connect and trade data securely through AI-powered tools. **4. Numeraire (NMR)** * Leverages AI to create datasets that train predictive models. * Rewards users for providing data and contributing to model predictions. **5. Flux (FLX)** * A cloud computing platform that offers decentralized AI processing capabilities. * Enables developers to train and deploy AI models on a distributed network. **6. Graph (GRT)** * An indexing protocol that makes it easy to search and explore blockchain data. * AI-powered tools help users analyze data and identify trends. **7. Chainlink (LINK)** * A decentralized oracle network that provides reliable and tamper-proof data to smart contracts. * AI algorithms can enhance data accuracy and improve contract execution. **8. Aleo (ALEO)** * A privacy-focused blockchain that uses AI to protect user data. * Provides a secure and scalable environment for AI applications. **9. SingularityDAO (SDAO)** * A decentralized autonomous organization (DAO) that funds and supports the development of AI projects. * Provides a framework for AI research and innovation. **10. Orion Protocol (ORN)** * An aggregation protocol that connects traders to multiple exchanges and liquidity pools. * AI-powered tools assist in finding the best prices and executing trades. #FET #AGIX #OCEAN #NMR #FLX #LINK #ORN
**Top AI Coins for 2024**

**1. Fetch.ai (FET)**
* Focuses on building a decentralized network for autonomous agents and intelligent services.
* Aims to create a Web3 economy powered by AI.

**2. SingularityNET (AGIX)**
* An open-source platform that connects users to a global network of AI tools and services.
* Provides tools for building, deploying, and monetizing AI solutions.

**3. Ocean Protocol (OCEAN)**
* Decentralizes the sharing and monetization of data.
* Allows data providers and consumers to connect and trade data securely through AI-powered tools.

**4. Numeraire (NMR)**
* Leverages AI to create datasets that train predictive models.
* Rewards users for providing data and contributing to model predictions.

**5. Flux (FLX)**
* A cloud computing platform that offers decentralized AI processing capabilities.
* Enables developers to train and deploy AI models on a distributed network.

**6. Graph (GRT)**
* An indexing protocol that makes it easy to search and explore blockchain data.
* AI-powered tools help users analyze data and identify trends.

**7. Chainlink (LINK)**
* A decentralized oracle network that provides reliable and tamper-proof data to smart contracts.
* AI algorithms can enhance data accuracy and improve contract execution.

**8. Aleo (ALEO)**
* A privacy-focused blockchain that uses AI to protect user data.
* Provides a secure and scalable environment for AI applications.

**9. SingularityDAO (SDAO)**
* A decentralized autonomous organization (DAO) that funds and supports the development of AI projects.
* Provides a framework for AI research and innovation.

**10. Orion Protocol (ORN)**
* An aggregation protocol that connects traders to multiple exchanges and liquidity pools.
* AI-powered tools assist in finding the best prices and executing trades.
#FET #AGIX #OCEAN #NMR #FLX #LINK #ORN
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