Programmable IP + Generative AI, L1 Public Chain @StoryProtocol Developer PIP Labs Secures $140 Million in Funding
🤖️ Data is IP, native data has irreproducibility, it is unique and extremely valuable for AI
Currently, the value of users' data is captured by large companies, generating huge profits from commercial activities, while users cannot share in the profits
If you've watched Westworld, you know the scarcity and importance of data in the future!
AI greatly enhances productivity, but unlike AI, [human creativity] will be the scarce resource in the future!
Programmable IP: Story allows users to upload their data (music, video, algorithms, designs) onto the blockchain to secure intellectual property rights. Users can also update, set usage rules and prices, and access DeFi for collateral
Generative AI: Requires crawling large amounts of data for training and content output, Story allows users to benefit in this process
The four founders of Story are all from prestigious universities
@storysylee was responsible for global strategy at South Korean internet giant Kakao Entertainment Part-time VP at investment firm @hashed_official Founded the serialized storytelling platform Radish Fiction (similar to Jinjiang Literature in Korea) which was later acquired by Kakao for $440 million
Kim was responsible for employee management at Radish Fiction
@jasonjzhao was responsible for commercializing AI at Google AI lab Deepmind
The three rounds of funding totaled approximately $140 million, with @a16zcrypto leading the investment, which was mocked by everyone as another VC deal during the funding announcement. As long as we don’t take over, we won’t be cut off 😂
Story has already achieved the tokenization of over 20 million IP assets on the blockchain, attracting more than 200 teams to build applications on its platform for IPFi, AI, and consumer markets.
The development of AI is currently faster than any industry, and the gap between various models will also quickly widen. Can you believe that Stargate's budget exceeds 110 billion?
In the end: electricity (energy), equipment, and intelligence (algorithms) will create huge barriers.
Is there a meme play suitable for ordinary people?
Safety: Small meme, not likely to be stolen to zero Time: Concept leader, sweeping the chain takes time, random rushing costs money, it's better to catch the dragon
You say it's simple, but doesn't that just mean only earning beta? Other bloggers say they want to help us earn alpha!
Making a profit from trading coins already surpasses most people Being able to earn beta makes you outstanding Earning alpha is for genius players
My bold statement: Myths are for watching, most imitations go to zero
Solana continues to play music and dance. If you don’t know what to buy when the callback occurs, just buy Sol
Move series SUI and Aptos, TVL explains everything. I have emphasized to many people before not to short
Avax, I know that what I say about Avax now is the same as what I said about Sui in August, no one cares Grayscale Trust has Grants funds, but it is still under construction and we have to wait
I don't have time to tweet at all, and I can't even read all the messages in the group! Yesterday afternoon, I closed my ETH short position and switched to $BONK and sats spot I don't dare to buy ACT and pnut. I lack the courage and I'm afraid of heights, so I'll miss out. I wonder if anyone is like me Keep paying attention to pnut. Its significance is too great for Americans, freedom and democracy
Treasury bonds are the largest financial product, relying on fiscal revenue to repay debts. This is the core economic issue that Trump and Harris want to solve - raising taxes Trump wants to increase tariffs, Harris wants to increase corporate income tax and capital gains tax
What will the interest rate cut bring?
Debt purchase funds withdraw Local currency exchange rate falls QE prints money and expands balance sheet Delaying financial market crash (but cannot avoid it)
As the snowball gets bigger and bigger, no country can solve the $35 trillion US debt problem #本周美国将公布PCE、GDP数据
Reflection: $SUI is rising slowly in small steps, which requires a lot of patience. I sold it out. $CKB replicated the rise of $SYS, but only got half of it. I don’t believe it will reach 700 million.
Next step: The interest rate cut cycle begins. Either die together or over-issue currency, and then continue to play music and dance.
AI has a long slope and thick snow, and the amount of funds is beyond our imagination.
Where does the new funds come from? ETFs and trusts, primary financing in the currency circle is very difficult.
It is safest to find a leader in Meme.
Don’t fall in the bull market. It’s a pity that the killer whale will
Is BTC staking a story for traditional enterprises, or the future of the cryptocurrency circle? #Whydoes the POW chain need to be pledged? Where does the staking income come from?
BTC staking has actually been questioned by the OGs in the cryptocurrency circle:
⛏️Pledge BTC betrays the core of POW
♎️Digital gold should be a single model, and staking increases the risk of liquidation
🤑The staking of BTC has little income, but the project party is just trying to issue the next air coin
Is BTC staking a new growth point, or a story that is logical for traditional enterprises to buy BTC?
Traditional industries buy BTC, embrace new assets, and fight inflation, which have greatly increased their stock prices.
In the first half of the year, BTC has become a standout, but it has not brought other incremental gains to the cryptocurrency circle.
And staking is a 200-year-old game of holding coins to earn interest. Telling them is the best and simplest way to understand it!
The real income of $BTC staking: Provide on-chain transaction liquidity, charge a handling fee of @Uniswap Protocol Lend BTC, collect interest, annualized 1.5%-3% @aave @Compound Labs Stake on the first layer of the btc main network, provide POS security guarantees for other chains through re-staking, and collect gas fees @babylonlabs_io @pStakeFinance
Others: project token rewards
The real income may be 3-5%, and the early participation token income should also be good
Summary: $BTC staking also grew up in doubt. As someone who has worked in traditional finance, I think staking interest is boring, but simple and effective.
BTC staking does increase the vulnerability of BTC. When the market falls, $ETH is liquidated in a chain and spirals down.
BTC staking is not an innovation in finance, but with a market value of one trillion, it will become an important track!
#BNB @binance's series of operations have shifted airdrops from the chain to exchanges
🔗Count BNB held on the chain into Launchpool, megadrop, and hodler airdrop mining 💳Megadrop: Subscribe to $BNB regularly, complete Web3 tasks to get airdrops 💸Hodler airdrop: Send airdrops to $BNB simple earning users 💰Super earn: Let exchange assets earn more benefits 🐶 Directly withdraw coins from Dogs Bot to the exchange, the first 500,000 people will be rewarded with 20,000 $Dogs, and 500,000 to 1.7 million people will be given 10,000 $Dogs 🐱Hold 400,000 $Floki to receive $Cat airdrops
Inspiration: All market activities should be done around the core assets of the project
Hold 400,000 $Floki on Binance to get $CAT airdrop That is to say, $CAT is listed on Binance, and Binance is the chip distribution channel + advertisement #FLOKIUSDT📈 is on the gain list
Which exchange should ordinary users deposit their $DOGS to?
New users + deposit + trade: deposit @Bybit_Official for more incentives (other incentive thresholds are higher, Bitget requires 1000u transactions, Bybit only requires 100U)
Old users: If you want to sell at a good price, deposit @binance. Although the highest price may not be higher than other exchanges, it has the best liquidity and it is difficult for us to sell at a bargain price
Problems with second-tier exchanges: You see the price but can’t sell it