An update on the $RIO FUD๐
Many of you know that $RIO has exceptional Tokenomics.
Itโs one of many selling points of the project.
With 57M Circulating and a 75M Max Supply (remaining released over 38+ years).
However, recently a new Tokenomic proposal was created.
This would increase the Max Supply from 75 million to 175 million.
This was proposed by a third party (not the $RIO team themselves)
It was proposed to make it more profitable for validators on the Realio Network and to encourage network participation and growth.
This is a fully Decentralized vote - anyone can go VOTE NO at https://t.co/oRLiy8WRCe.
Thereโs 2 days left to vote.
If passed, the max supply will increase to 175M.
Sounds bad right?
I donโt believe so personally.
It wouldnโt really impact $RIO as an investment in my opinion.
This is because it will still take 38+ YEARS for all of the supply to be Circulating.
Are you planning on holding for 38+ years?
Iโm not.
The token inflation would be 3-4M (4-7%) per year worst case scenario.
Which is still far better than the majority of other projects.
If you have plan to sell in the next year, this difference would barely impact you at all.
Of course ideally it wouldnโt be passed.
But the FUD is extremely blown out of proportion in my opinion.
CryptoReviewing ๐ซก
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GPT4o ๐ซฑ๐ปโ๐ซฒ๐พ AIX
We just received an invitation to try out @OpenAI's #GPT4o, and now we're working on integrating their API for even more improvements for our clients and users.
Exciting upgrades and features ahead!
#GPT#OpenAI $AIX #LLM
AI in 2024 is like the iPhone in 2007.
It's the next big craze and we are in the center of it ๐ซก
$AIX
$KAI
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Any more AI beasts I should be aware of?
I still donโt understand how $COSMIC is SOOOOOOOOOO undervalued.
โ Doxxed Team
โ Real Utility
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This literally has GAINS written all over it ๐ค
$BLENDR have a LOT of exciting things in store and this is a project which delivers ๐ค
Taking a look at project's roadmap is ESSENTIAL to see if it's capable of success and the $BLENDR roadmap is definitely ticking the boxes by setting realistic and achievable goals.
Let's break down in simple terms what's in store for this DePin Titan ๐
1๏ธโฃ The first phase for $BLENDR is setting up their system to let people who own powerful computers running high end GPUs connect to their network, allowing for task processing and management through a simple web interface.
2๏ธโฃ In phase two they plan to improve their network by using a more community-driven approach to store data and introduce a system where users can earn tokens as a reward for their participation.
3๏ธโฃ $BLENDR then plan to enhance their system to handle more complex tasks by allowing multiple powerful computers to work together seamlessly, which is even better for solving bigger problems or creating more detailed simulations.
4๏ธโฃ This is where $BLENDR aim to appeal to a mainstream audience. The focus will be on making their platform easy to use for everyone, not just tech savvy individuals, by developing a simple, intuitive interface for the Windows OS.