Ape Terminal IDO #23 🦍
Sharpe AI - @SharpeLabs
Sharpe AI is the 1st web3 project recognized by two multi-trillion dollar firms: Google and Microsoft.
Sharpe AI is among the 1st Bittensor ecosystem projects, using the AIT subnet (80x ROI) to mine $TAO. This edge fuels its rapid growth, establishing it as the fastest-growing AI super app.
🟠 Backed by Contango, main investor of Bittensor ($12.7B)
🟠 #1 on Product Hunt globally for AI and Crypto
🟠 100k+ active users
With AI emerging as one of the hottest narratives this cycle, Sharpe AI positions itself at the forefront as one of the 1st AI projects with solid backing and an established user base.
Sale opens NOW:
https://t.co/yn1EOkiuEn
5 FHE Projects You Should Know About
Fully Homomorphic Encryption (FHE) quickly became a buzzword, but do you understand why?
FHE allows for computations on encrypted data without revealing any information, opening up numerous possibilities for Web 3.0, including, but not limited to:
> AI models can now utilize data and generate results without accessing the actual input, ensuring users' queries remain private and secure.
This also means that data training can occur without direct access to the data.
While there's ongoing debate about the closed-source nature of major LLM companies, FHE emerges as a potential game-changer in the AI landscape.
> Confidential RWA tokenization
> On-chain identity
> MEV protection
> On-chain medical data with privacy
> Enabling DeFi compliance with data protection and privacy laws
> Many are debating whether FHE will replace Zero-Knowledge Proofs (ZKPs); however, they can coexist.
ZKPs can be used for private proof generation, while FHE can handle data processing in smart contracts.
Here are 5 FHE projects you need to know about:
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1) @inconetwork - INCO
A modular confidentiality-as-a-service blockchain, L1 EVM fully powered by FHE.
Valuation: Raised $4.5M in seed funding.
Lead: @1kxnetwork
Catalysts and Key Points:
> Offering confidentiality at the base layer is a strong value proposition that could attract numerous privacy-focused dApps.
> The introduction of a data availability layer revolutionized the ecosystem with projects like Celestia.
A confidentiality layer is expected to generate similar, if not greater, interest.
> Partnership with @zama_fhe, advised by a Polygon co-founder.
Will be secured by Ethereum via EigenLayer, effectively an AVS.
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2) @mindnetwork_xyz - Mind Network
A Zero Trust Layer ensuring security and data privacy, facilitating genuine CrossFi expansion.
Valuation: Raised $2.5M in seed funding.
Lead: @BinanceLabs
Catalysts and Key Points:
> Building an infrastructure for the Internet that enables global citizens to control their data.
> The testnet is live and may be incentivized.
> Powered by @zama_fhe.
> The first use case is the MindLake project, a pioneering data storage rollup designed for computation over encrypted data on decentralized platforms. It raises the question of whether intensive computation is feasible.
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3) @fhenix - FHENIX
The first rollup-based FHE architecture, addressing the challenge of executing FHE computations on L1s due to extensive execution requirements and scalability limitations.
Catalysts and Key Points:
> An Optimistic FHE rollup can be built on Ethereum without base layer modifications, meaning every smart contract ecosystem in Ethereum can enhance confidentiality with FHE rollup solutions.
> Partnership with Zama to introduce fhEVM infrastructure.
> Testnet is imminent.
> Simplifies the deployment of confidential smart contracts, crucial for developer adoption, in my opinion.
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4) @Privasea_ai - PRIVASEA
An AI network utilizing FHE to ensure privacy and security during the AI computation process.
Valuation: Raised $5M in seed funding.
Lead: @binancelabs
Catalysts and Key Points:
> Genesis NFT details will be announced soon, granting holders airdrop rights.
> Provides a privacy computing FHE solution for DePIN+AI, combining all the buzzwords into a legitimately promising project. Gaining exposure to their token could be highly rewarding.
> Developing another dApp for secure and private user verification, ensuring privacy during KYC processes without exposing personal details, yet remaining auditable if necessary.
> Powered by @zama_fhe.
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5) @Optalysys - Optalysys
Building next-generation computational processing power, Optalysys is a highly promising project on my list. It's the "shovel" of FHE.
Optalysys focuses on a DePIN project with cloud-native technology stacks tailored for high-intensity FHE workloads, facilitating FHE scaling in computation layers.
Catalysts and Key Points:
> Shovels typically outperform their main category.
> Co-processors (GPUs, CPUs) encounter the fundamental limitations of electronic systems.
> Optalysys has developed a unique optical computing system to deliver significant processing power and energy efficiency, from data centers to edge computing, supporting all major FHE libraries.
That's it chads!
If you would like to show me some support;
Follow me and hit that RT-Like-Bookmark button pls <3
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Tagging AI Chads;
@defi_antcrypto@QuantMeta@CryptoGideon_@resdegen@cryptocevo @CryptoDamus411 @CryptoNikyous@midoji7@arndxt_xo@crypto_linn@matrixthesun@jkrdoc@splinter0n@poopmandefi@wacy_time1@CryptoShiro_@BobtheBuildooor @Crypt0_Andrew @0xSleuth_@Shawred0@cr_zilla@tombheads@xingalong_@DistilledCrypto@crypticd22@MetaverseRanger@bitjul@eli5defi@AIprojecthub@randhindi@juanbenet@KyleSamani@toly@1kxnetwork@remi_gai@EncryptAshely@_weidai@Old_Samster@DavidJiaoEth
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Okay, last 48 hours for everyone, if you haven't filled out the form yet.
1. You can submit BTC address or Merlin EVM address (0x..). Either is okay. But the BTC address you input, needs to have interaction with Merlin before (staking or bridging).
2. If you input the wrong address before, you can now fill it again with right address.
3. The tokens will be airdropped AFTER W420 and WMAP tokens are created. This means waiting for a while because this mechanism isn't deployed yet. It's done, like I said before, but we need to deploy M-tokens first.
Last 48 hours to fill out the form, if you haven't done so.
Let the journey begin! SynFutures is ushering in decentralization with the launch of Oyster Odyssey Campaigns! Secure your spot now and enjoy a 5% boost on all qualifying O_O Points! https://t.co/h2hgtEtFhx
The latest edition of the Lightning Lab 🧪 is out! We cover:
💥 The explosion of building on #bitcoin, with multi-asset LN as the glue
🤯 Breakthroughs in the L402-powered AI economy
📈 Launches from @braiins, @LNMarkets, @Strike, @voltage_cloud
https://t.co/m0yo7BId1z