SQD in Tbilisi 🇬🇪
Head of Marketing (Mojo) chimes in from the company meet-up.
"Proud of the SQD team - focused week aligning priorities across product & community."
"We’ll provide exciting updates regarding Portal plus Tokenomics 2.0 via our official channels."
AI MEETS BLOCKCHAIN: RZLV TAKES OVER SUBSQUID
A rare thing in crypto, an actual acquisition, not just a hype cycle.
Rezolve, the Nasdaq-listed AI firm, is taking over Subsquid in a move that signals the industry might finally be maturing.
The Subsquid token will be renamed RZAI.
Rezolve plans to buy back tokens equal to at least 1% of its annual revenue.
Call it corporate strategy meets crypto ideology.
Source: @C_Angermayer
1/ imo this is one of the most consequential announcements, not just for SQD, but web3 in general
major PMF validation that will accelerate real-world adoption & deepen industry understanding of blockchain-based infra
here's why it’s the most bullish outcome for $SQD holders
A good sign of an industry’s maturity is the number of strategic acquisitions taking place. Until now, crypto has largely lacked those - especially in the realm of tokenized projects. Most have either worked spectacularly well or quietly faded into obscurity, with little in between.
That’s why today’s acquisition of $SQD (Subsquid)by Nasdaq-listed AI powerhouse $RZLV marks a pivotal milestone for the crypto industry.
I have been a long-standing believer in the strong fundamentals of SQD team. Here is my original investment thesis: https://t.co/VEIdt4aggZ
Together with @RezolveAi and its visionary founder @realDanWagner, they are now poised to take it to the next level - advancing the foundation for agentic commerce and finance on the blockchain.
The SQD token will be renamed RZAI (currently still trading as $SQD).
Rezolve will adopt a treasury strategy to consistently acquire RZAI (currently SQD) tokens equivalent to at least 1% of its annual revenues, aligning long-term participation with ecosystem growth.