Bitcoin becomes a key liquidity barometer.
There is a significant correlation between Bitcoin and the global money supply (M2). Research shows that in 83% of time periods, the direction of Bitcoin price changes is consistent with changes in global liquidity. Bitcoin shows a strong correlation with global liquidity. Cryptocurrency and other investors are keeping a close eye on the likely direction of Federal Reserve interest rates, with indicators of a slowing U.S. economy and forecasts of falling inflation playing a key role.
It is worth noting that after the Federal Reserve announced a 50 basis point rate cut in mid-September, the price of Bitcoin quickly rose to $64,000. Institutions and investors such as BlackRock are extremely bullish on Bitcoin, and this bullish momentum has led to a sharp rise in several altcoins, especially in the field of artificial intelligence tokens. The recent surge in the price of artificial intelligence tokens has pushed the market value of artificial intelligence tokens to approximately $36.83 billion.
According to a new report from digital asset management firm Bitwise, the combination of artificial intelligence and cryptocurrency could significantly boost the global economy, potentially adding $20 trillion to global GDP by 2030. There is huge potential for collaboration between the AI and cryptocurrency industries.
The growing synergy between these two transformative technologies, artificial intelligence and cryptocurrency, will be greater than people imagine. The WorldBrain project is the first artificial intelligence system to adopt decentralized technology. It uses the "WorldModel" to model a large intelligent neural network system that imitates the human brain. Empowering AI with WEB3 and achieving true decentralization of AI, WorldBrain uses distributed computing technology and the DePIN network to allow any individual and physical device in the world to freely access WorldBrain's decentralized network.
WorldBrain's two major innovative technologies provide the ability to continuously innovate and expand, so that it can stay ahead in the fierce competition. The WorldModel world model and Web3 technology empower AI, representing the cutting-edge development in the field of artificial intelligence, aiming to promote AI to develop towards higher intelligence and autonomy while achieving decentralization. This is the key to WorldBrain's continued growth. A strong core community can maintain support for WorldBrain in an active market and promote its continued development. Therefore, WorldBrain attaches great importance to the construction of the core community.
WorldBrain Global Consensus Reward Program
According to official WorldBrain news, from September 27 to November 7, WorldBrain will launch a global consensus reward program to encourage community members to participate and contribute. Users who invite friends to activate nodes will receive 1,000 NTs incentives for permanent mining based on the number of nodes activated by the invitees, and will also have the opportunity to unlock 10 WBCs rewards. At the same time, users who actively participate in community interactions will also have the opportunity to receive additional WBC rewards.
Specific activity participation instructions are as follows:
1000NTs reward: New/old users who invite at least 10 friends to register official system accounts during the event, and 5 of the invited friends complete node activation and complete the tasks below will receive a 1000NTs reward from the official and can engage in permanent mining.
Unlock 10WBCs: Registered users who participated in the previous airdrop event can unlock 10WBCs by inviting 1 user to activate the node during the event and completing the following tasks 1) to 5).
Community interaction rewards: Leave a message and check in in the WorldBrain official Telegram group or Discord group every day, and participate in the lucky draw to get 2wbc rewards. The official will randomly draw 20 lucky user prizes in the group every day.
Activity tasks content:
1) Follow the official Twitter account: @WorldBrains_org;
2) Forward this official promotion;
3) @3 friends in the official comment section;
4) Join the official Telegram group or Discord group;
5) Leave your ID number and task screenshot in the list. New users need to register an official website system account.
The WorldBrain Global Consensus Reward Program encourages users to invite new members and enhance community interaction, attracting users' attention and participation in the application of this emerging technology. It also stimulates the vitality and innovation of the community, establishes and forms a very effective value recognition and benefit system, promotes the construction of the WorldBrain global ecosystem, and promotes the innovative application of blockchain technology and artificial intelligence.
Innovative application scenarios and economic models with flywheel effect
WorldBrain has achieved growth with its own flywheel effect through its unique economic model and application scenarios. It encourages global users to participate in building a decentralized artificial intelligence system through distributed artificial intelligence technology and token incentive mechanisms.
In the WorldBrain ecosystem, smart interaction contributors are rewarded with WBC tokens by providing data, participating in training, etc. Users can enjoy the WorldBrain Chat text/voice/video smart chat robot services based on their smart interaction levels. In addition, a certain amount of WBC will be burned and consumed during the activation of smart interaction pledges and future consumption of smart brains, forming an internal positive cycle and value growth. As the ecosystem develops, the tokens will be gradually reduced, and the metabolic deflation mechanism will increase the scarcity and value of WBC.
On September 25, the latest data from the Chicago Mercantile Exchange (CME) Fed Watch showed that the probability of the Fed cutting interest rates by 50 basis points at the upcoming meeting was 60.3%. As the market expects the Fed to cut interest rates sharply in November, the cryptocurrency market may usher in a new active period. In particular, AI tokens and some well-performing altcoins are expected to continue to show rising potential.
WorldBrain's innovative application scenarios and economic models with flywheel effects not only promote technological innovation and application, but also promote community consensus and participation, showing a strong self-enhancement momentum. Smart investors will vote with their feet. According to the latest data, WorldBrain's token holders are close to 750,000. This positive feedback loop is accelerating the growth of the WorldBrain ecosystem and bringing greater value growth potential to WBC.