Today I read a paper by Professor @captain8299 Yufeng 𝗙𝗼𝗿𝗺𝗮𝗹 𝗩𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗕𝗶𝘁𝗩𝗠, which was tweeted by @captain8299 Yufeng. I looked up a lot of technical terms with the help of GPT4, but it was really hard to understand. I will briefly talk about the essence of the paper.
At present, all major BTC ecological projects want to unlock BTC's 1.3 trillion US dollars of deposited assets, and hope that#BTCFican unify the world and bring abundant incremental funds and liquidity to Web3. However, BTC scalability and processing speed have always been difficult problems.#BitVMis currently an emerging BTC L2 solution that aims to expand Bitcoin's functionality through off-chain computing and on-chain verification. However, due to the limitations of the Bitcoin scripting language (such as not supporting loops and recursion), the programming process implemented by BitVM is complex and error-prone, and a reliable verification method is urgently needed.
Gamefi and AI are two major tracks that we are very optimistic about in this cycle. Gamefi has a strong breakout effect, serving as the best tool to lead Web2 users into Web3. AI is the hottest track of this cycle, whether in Web2 with OpenAI or in Web3, it has become a hot topic. Therefore, projects that combine the narratives of Gamefi + AI will become the focus of attention. Ultiverse, as a game world deeply integrated with artificial intelligence, deserves attention!
According to predictions from Businessresearch, GameFi will reach a scale of $90.51 billion by 2031, with a growth space of 5-10 times.
UTONIC helps achieve the great vision of Web3 with 1 billion users
The success of EigenLayer on ETH is generating strong interest from other public chains in the re-staking track! #UTONIC, as the first re-staking protocol on the #TON chain, is rewriting the pain points of relative centralization of the TON chain, aiming to bring a paradigm revolution to the security and decentralization of TON, extending the security of the open TON network to thousands of Telegram mini-programs, and building a profit-sharing layer for 1 billion users!
Currently, there are many game mini-programs and bots on the TON chain, but DEFI is developing slowly. The core reason is that the main operators of Telegram mini-programs are mostly centralized, lacking trustworthy decentralized operators and effective security providers. UTONIC aims to solve this pain point by providing AVS (Active Verification Service) to ensure the high security standards and decentralization required for DEFI DAPPs, thus providing a secure operating environment for the DEFI infrastructure of the TON chain (DA, oracle, cross-chain bridge, DEX, Lend, etc.), bringing enough trust and confidence to developers and users!
DePIN is the track with the most explosive potential in this bull market. In the DePIN report released by @MessariCrypto, the DePIN market is expected to reach 3.5 trillion US dollars in 2028. According to CoinGecko data, the current market value of the entire DePIN track is only 23 billion US dollars, and the potential is unlimited. 🧐
When you are optimistic about the DePIN track but are not sure which project to invest in, $IOTX is the best choice as the DePIN public chain infrastructure. OKX and IoTeX jointly held the DePIN Super Season event this time, and took out 100 million $IOTX (worth 4.2 million US dollars) for airdrop rewards. As the leader of the DePIN track, it is very generous and should not be missed! !
Currently, partners can directly predict the US elections on Telegram!
🎯 TonaMarket, as the first TON ecosystem product launched after AgentLayer's token issuance, is a major upgrade from the original Orbs and is a prediction market platform that interacts through TG Bot. TonaMarket will further expand, becoming multi-chain compatible, more decentralized, and driven by participants. Those with a TON wallet can try it out, betting small to win big, and earn USDT directly!
Additionally, according to the AgentLayer team, the project will start regularly buying back $AGENT tokens from the market and burning them on November 30th. The current circulation of AGENT tokens is around 55,300,000, and the burning plan will positively impact the token price!
My opinion:
✅ TonaMarket product has growth potential
✅ $AGENT currently has a small circulation, and the token burn is clearly beneficial!
✅ Project investors include well-known institutions such as ABCDE, Hash Global, Signum Capital, LongHash Ventures, and UOB from Singapore, ensuring security!
Operation Guide: 1. TonaMarket Bot link: https://t.me/TonaMarketBot 2. 【Launch App】After opening, recharge with TON chain USDT. 3. Choose your favorite presidential candidate and make a buy (Buy) or sell (Sell) prediction share. For example 👇 Image
DeSci (Decentralized Science) Popular Non-Profit Organization — BIO Protocol
DeSci (Decentralized Science) is becoming an increasingly popular topic. Both Coinbase founder Brian Armstrong and Binance founder CZ have mentioned multiple times that it is changing the pathways of traditional research in collaborative research, research funding, and equitable dissemination of science. It allows scientists to focus on science itself, enabling research to truly produce products and knowledge that benefit humanity. The non-profit organization BIO Protocol (@bioprotocol) introduced today is such a project!
Pain points of traditional scientific research 1. Research funding, raising research funds in the existing system is very difficult, slow, and bureaucratic, distracting scientists from focusing on research; there are also issues with the value of research output and unfriendliness towards young scientists.
Live up to expectations, Tesla rises 📈 16.6%! How many partners got on board? You only need to know one thing, Musk is a staunch ally of Trump! I feel Musk's privatization of Twitter was aimed for today! 😅 Far-reaching layout!
The AI track is the core of this cycle. Whether it is the Nobel Prize that ended not long ago, physics, and chemistry are closely related to AI, or the AI meme hyped by Web3 recently, the $700 million#GOAThas once again subverted the potential of the AI track. Today, the#AgentLayerproject has the world's top scientist team selected by Stanford + AI intelligent agent track + a valuation of only millions + the upcoming king prediction market Orbs. It is simply a forgotten pearl and deserves attention!
AI Intelligent Agent Market Size:
Many professional organizations predict that the AI intelligent agent market will reach US$50 billion by 2030, with a compound annual growth rate of about 45%. The world's top companies are actively involved, including NVIDIA, Microsoft, IBM, Meta, Google, etc.
Bitcoin is at a critical moment of development, and more and more people realize that having $1.3 trillion of top assets idly sitting in wallets is a waste. With the flywheel of users, investors, and developers turning, the Bitcoin ecosystem is on the verge of an explosion. Currently, many BTC L2 solutions, similar to the criticized ETH L2, have caused numerous liquidity fragmentation pain points. Tap Protocol (@tap_protocol), based on the native solution of BTC Ordinals, enables BTCFi operations without relying on L2, and is expected to release billions of BTC incremental funds, which is worth paying attention to!
Currently, Bitcoin's market cap is approximately $1.3 trillion, accounting for 58% of the entire cryptocurrency market. Compared to the prosperity of the ETH ecosystem, the development of the Bitcoin ecosystem has just begun. If Bitcoin can unlock about 20% of its liquidity, it will bring in over $200 billion in incremental funds, which will significantly boost the entire Bitcoin ecosystem and provide enormous incremental funds to the cryptocurrency market. This is undoubtedly a new engine for the bull market!
World-class game development team, luxurious investment lineup, rich game ecology——Moonveil
Why should Gamefi invest in game public chains first? Because a single game has a life cycle of rise and fall, but the game public chain can continue to develop. If there are both top game public chains and self-developed high-quality games, it will undoubtedly be a scarce product in the Web3 market, and it is at the level of giant pandas and needs to be paid special attention. @Moonveil_Studio introduced today has a world-class game development team, a luxurious investment lineup, and a rich game ecology. It has recently opened a hot node sales event. The opportunity should not be missed!
Current pain points of traditional Web3 game public chains: 1. Liquidity is fragmented and the ecosystem cannot be interconnected: As a carrier of game applications, the game public chain will deposit its characters, equipment, assets, etc. in the original game when the life cycle of a game application ends. It cannot be interconnected with other new games on the game public chain, causing damage to players.
SPACE ID, as a project backed by top institutions like Polychain and Binance Labs, had its TGE launch on Binance. With recent developments, the token $ID has shown strong performance, making it worth looking forward to!
The latest integration with the MetaMask wallet can be described as a major innovation. This official integration of SPACE ID + MetaMask Wallet allows users to transfer funds using domain names within the MetaMask wallet, which is a significant recognition for both the domain name space and SPACE ID.
I believe that most people doing crypto transfers are used to copying and pasting long addresses starting with 0x.... I have mistakenly transferred funds worth tens of thousands of U to others twice due to this, making it nearly impossible to recover. On another occasion, due to a virus, it was absurd that the first five and last five characters of the 0x... address were identical, but the middle ones were different. Moreover, every time I copied and pasted, the address would automatically change to a similar one, making it hard to distinguish between the real and fake.
SPACE ID effectively addresses the aforementioned pain points by allowing users to customize their preferred character domain names to replace complex alphanumeric wallet addresses, and is compatible with all EVM-based on-chain transfers, significantly reducing the chances of address errors and greatly enhancing security.
Returning to $ID itself, I read through their official documents, and all income from domain names on the SPACE ID platform will be used to repurchase and burn $ID, accumulating its value. This domain name innovation will undoubtedly attract more users, creating a positive flywheel effect for the project. As SPACE ID continues to expand its domain functionality in the future, the potential and opportunities are worth paying attention to.
With the sudden rise of the SUI public chain, APT, which is also a fellow disciple of Move, is not to be outdone. Recently, various data indicators of @Aptos have increased significantly, with huge potential, and ecological projects are worthy of attention.
I found that the TVL of a project in the APT ecosystem has grown very rapidly, increasing by 29,000 times in the past month, 9,360 times in a week, and growing at a rate of 40% every day, which really surprised me. Let's take a look at what Echo Protocol (@EchoProtocol_) does and why it is so attractive!
Echo Protocol is the first Bitcoin liquidity re-staking protocol and yield infrastructure layer on MoveVM. Echo is the first to introduce BTC liquidity staking, re-staking and yield infrastructure to the Move ecosystem, introducing a new class of liquidity assets to the Move ecosystem. The project is directly supported by Aptos, and participating in staking will receive $APT tokens with an APR of 10%, which will be distributed monthly!
The altcoins can no longer hold back, the NFT track will rush first, followed by the oracle track! Pay attention to the altcoins that have been trading sideways with a large volume at the bottom of the W-bottom recently 👀
Looking back at the altcoin market in October 2023, if you grasp it well, you will get 5-10 times the return! We still put the core track of the altcoin in the core areas of #AI, #Depin, #RWA,#SOLecology, etc.! 😎 There is no more room for decline, and the odds are good!
Interestingly, the price increase of gold this year has surpassed the S&P 500 index, which is rare in history! Recently, major institutions have made positive predictions for the price of gold in 2025. Bloomberg and Goldman Sachs have raised the expected price of gold to more than $3,000 per ounce! The main reason: Central banks of various countries have bought in large proportions. Since the Russian-Ukrainian war in 2022, the global central bank has bought three times more than before! The essential reason: In addition to the impact of geopolitics. The expectation of loose monetary policy is the key to driving the rise of gold. The Fed’s interest rate cuts, coupled with China and a number of emerging countries, are the core elements. And this core element is also a major positive for #BTC! I have always said that there is a problem with the pricing of financial data recently, but gold and#BTCwill be the eternal right choice!
Strictly speaking,#BTChas broken the 217-day downward trend line! The next ATH is $74,000! The altcoin will bring a 5-10 times increase like in October 23, so wait and see!
I bought 100,000 US dollars to support my favorite project! 🧐
The bull market of copycats is approaching. The three giants in the cross-chain interoperability track, Axelar, Wormhole, and LayerZero, currently have the lowest market value!
Web3 gaming platform CREO is worth paying attention to!
GameFi is the best track to promote the large-scale adoption of Web3, and CREO (@creo_engine), Southeast Asia's leading Web3 gaming platform, has recently received our special attention!
Creo Engine is a GameFi platform focused on blockchain games and NFTs, aiming to provide high-quality Play-To-Earn games to users around the world, as well as a decentralized platform for game developers to publish and manage their games.
Core advantages:
1. Rich game selection: CreoPlay provides built-in Play-To-Earn games, integrating more than 150 games from all over the world. The games are combined with blockchain technology, allowing players to earn rewards of real value through NFTs and tokens obtained in the game.
Congratulations to Axelar Foundation and TON Foundation for their strategic cooperation
Congratulations to the Axelar Foundation and TON Foundation for their strategic partnership.#TONwill integrate Axelar's latest technology, Mobius Development Stack (MDS), as its cross-chain interoperability platform. Celebrate this. There is an Easter egg gift airdrop at the end of the article! Axelar has changed its previous low-key and steady style of technology. Through this cooperation, Axelar will demonstrate its strong strength and background in the field of cross-chain interoperability. As the most promising public chain at present, TON has 1 billion monthly active Telegram users, the fastest growing application developer ecosystem, and a market value of up to 13 billion US dollars, ranking among the top 10 in market value. Through cooperation with the Axelar interoperability platform, TON will open the door to more Web3 applications, assets and users, allowing the potential of the TON blockchain to be fully utilized. Axelar has successfully connected ecosystems such as Cosmos (IBC), ETH (EVM) and Polkadot. In the future, popular blockchains such as Flow, Hedera, Solana, Stellar, Sui and XRP will be connected this year. And here we have to mention the Mobius Development Stack (MDS) launched by Axelar not long ago, which will become the ultimate killer of Web3 cross-chain interoperability, which is also the key consideration for TON to choose Axelar! Axelar MDS is the first and only overall interoperability platform in the current Web3 market. It can achieve unlimited possibilities with one connection and expand to hundreds of blockchains at a time, effectively solving the liquidity problem of the multi-chain universe and the trouble of developers' repeated development of multiple chains! Axelar MDS core advantages:
The most correct decision for the US stock market this year is to hold Nvidia and TSMC! We are firmly optimistic about the development of #AI, especially the opportunities in the upstream of the#AIsector chips! This is a bit like investing in new energy vehicles in 2015. At that time, the biggest increase was not BYD, but Ganfeng Lithium and Tianqi Lithium. In the early stage, the upstream investment must win. In the middle and late stages, the investment in the whole vehicle concept, and the#AIfield is the later#AIapplication end!
Today, TSMC's financial report exploded directly, and the night market soared 9.4%. Another giant with a market value of 1 trillion US dollars!
TSMC's net profit in the third quarter was NT$325.3 billion, and the estimated value was NT$299.3 billion, which exceeded 10%. The gross profit margin in the third quarter was 57.8%, and the estimated value was 54.8%. The sales in the fourth quarter are expected to be US$26.1-26.9 billion, and the estimated value is US$24.9 billion, which is much higher than market expectations!
Tonight, let's look at TSMC + Nvidia, leading the US stock market and leading#BTCto break through 70,000!