If you are long crypto AI like $ARC $AI16Z $VIRTUAL there literally couldn't be anything better than DeepSeek. Costs coming down is a huge win. Open source is a huge win.
These frameworks can now run SOTA models on @akashnet or @openrouter paid for with stablecoins. You can literally crowdfund a talented team with a $10M token sale and change the world.
Sure this might be bad for OpenAI but fuck them. This isn't about US vs China, it's about Open Source and On Chain vs Close Sourced, Censored, in the Ivory Tower. Open Source is winning.
Repeat after me. Deep Seek is bullish crypto x AI coins (open source), and bearish AI stonk equities (mostly closed source).
Those dumping their AI coins like $arc that clearly benefit from Deep Seek, are not understanding the dynamics at play here. @0thTachi@arcdotfun
I am extremely excited about decentralized GPU markets
@akashnet is the leading one but with a market this large, I believe there will be multiple multibillion-dollar players
Jupiter feels stagnant and their limit orders are ok but not great. Kamino is becoming a super app taking limit execution to the next level with a proper auction. Better fills and easier to exit volatile positions. Huge win for anyone trading memes and Solana at large.
1/ Jiritsu brings Franklin Templeton’s BTC ETF (EZBC) data and BENJI the Franklin OnChain U.S. Government Money Fund (FOBXX) data on-chain!
Verified on Avalanche L1 using our ZK MPC nodes, this ensures secure, reliable transparency.
Our strategy is always to back the strongest engineers solving huge problems & the Union team is as cracked as it gets. Fast, cheap, scalable zk interop is not only awesome, it's necessary for a world where data and value can flow seamlessly and instantly across any chain.
$AKT has been accumulating since August and just broke above the 200 day moving average at 2.91. Last time that happened it was followed by a 1700% move. Pack your bags 🚀
PIP 02 will double supply on @akashnet. In turn, demand will increase to again reach their consistent utilization rate of ~75%. This will lead to an approximate 2x in daily spend. What do you think happens to $AKT when revenue doubles?
A few months ago, I said the activation rate was the biggest challenge for Akash, and now I'm proud to say we've solved it — utilization rate and daily usage all-time highs tell the story.
The next biggest challenge for Akash is to sustain the 10x year-over-year growth. We have a solid plan to achieve that and a roadmap that we'll be sharing in the next few weeks.
I couldn't be more excited. LFG $AKT
Akash experienced usage ATHs almost every day this week on multiple metrics, with daily fees exceeding those of Cardano, Dogecoin, Monero, Ripple, and Polkadot.
DePIN has arrived.
Akash set a new all-time high with daily fees, and GPU utilization reached 68%, which is the highest for any compute network, decentralized or otherwise.
Akash also experienced 1700%+ YoY growth in user fees in the past quarter. Fundamentals are strong and getting stronger.
We were able to achieve this record level of growth and utilization while being fully open-source, with every activity recorded on-chain and verifiable.
The Akash community now feels strongly about growing the GPU supply with on-chain incentives and verifiable compute.
Over the next few weeks, the core team will be releasing a roadmap on how we plan to continue this monumental growth well over the next few years.
Stay tuned.
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