EchoXBT

Deep into on-chain projects. Looking for under-the-radar opportunities. Check out my previous threads.

[EchoXBT @EchoXBT]

@MEMEnalu808 @launchcoin Better terminal will win, its a free market!

[EchoXBT @EchoXBT]

@game_for_one @leftcurvemaxing

[EchoXBT @EchoXBT]

$2M project with utility from @believeapp meta.

$Signal is a terminal for tracking latest Launchcoin tokens, followers, trending tokens, volume, KOL counter, also providing smooth links to Axiom and the token's official Twitter accounts.

Competitor $Bscreener went to $20M mc.

[EchoXBT @EchoXBT]

There exists an AI token that's:
-under $1m market cap
-on BASE L3 network with Multi-Chain Web3 Automation and AI Compute Layer
-no emissions
-already listed on Cexes (Bitmart, CoinEX and
MEXC)
-raised $7m from Wintermute, Shima Capital, ParaFi and Huobi
-has 40k followers on Twitter
-Private round raised at $50m FDV (curently 10m FDV)
-0% tax

Are you interested?

[EchoXBT @EchoXBT]

@serdarplg 🙏

[EchoXBT @EchoXBT]

The Innovation Game. New $TAO, cabal project or something in between? Welcome to a project deep dive + price speculation thread.

About the project:

The Innovation Game (TIG) is the first protocol designed to accelerate algorithmic innovation. But what does that actually mean? Algorithms are one of the hardest subjects in science that are constantly being developed. Algorithmic innovations require immense intellectual and computational resources that are hard to organize and pay for.
TIG aims to solve these problems by implementing an Innovators and Benchmarkers system.

Innovators are the masterminds behind the algorithms used in TIG. They are responsible for optimizing existing proof-of-work algorithms and inventing new ones. Innovators are rewarded with $TIG tokens based on the adoption of their algorithms by Benchmarkers. The more an algorithm is used and validated, the greater the rewards for the Innovator.

Benchmarkers in TIG play a role similar to that of Bitcoin miners. They are participants who compete to solve computational challenges using the algorithms provided by Innovators. Benchmarkers are incentivized to participate in the ecosystem through the reward of $TIG tokens. Their rewards are determined by the number of qualifying solutions they compute and submit.

Algorithmic innovation is essential for scientific progress. Developing more efficient algorithms is critical to solving pressing problems within many fields, including climate science, artificial intelligence, cryptography, and biomedical research. The biggest companies in the world work on solving these immensely hard algorithmic problems. TIG is here to lead the way.

In summary: TIG captures and monetizes the value of the intellectual property (IP) generated by its participants. The TIG token as an asset is backed by the totality of the IP in the game – the totality of algorithmic innovation. For the first time, investment in the broad asset class of algorithms will be possible.

A bunch of additional facts about TIG:
-A big part of the supply has been bought up by prominent VC’s.
-TIG roadmap includes the introduction of new computational challenges, the implementation of locked deposits and staking, and the introduction of breakthrough voting.
-The founder of the project (@Dr_JohnFletcher) has been researching frameworks for distributed incentives full-time since 2016 and is the inventor of more than 30 patents in the areas of cryptography and distributed systems.
-The team is in contact with one of the best scientific personas in the algorithmic field.
-Marketing efforts are yet to begin.
-TIG community has formed organically, similarly to $QUIL and $TAO which is always a good sign.

Tokenomics:
The $TIG token is a fully fair launched token with no pre−sales, seed rounds, or insider allocations. The total supply of $TIG is approximately 131 million tokens. The circulating supply amounts to 31.24M tokens with a market cap of around $90m. Around 15m out of the 30m circulating supply is in the foundation treasury, giving it an effective market cap of $33m.

$TIG token is emitted in rounds. Each round in $TIG consists of 10,080 blocks, which is approximately equivalent to 7 days. At the end of each round, tokens are minted and distributed based on the contributions made during that period. Full emission schedule below.

Price speculation:
I'm very bullish on $TIG. It has all the makings of a successful, flagship project in the field: cutting-edge technology, great utility, a forming community, fair tokenomics, and brilliant developers.

I think the project is still in its early stage, and if the extensive roadmap planned development is delivered by the team, it has all the potential to disrupt this tech category. It's definitely a first mover in this field, and I'm betting big on its future. In my opinion, $TIG could easily achieve a 10x increase in value in the long run, and far more if the project makes good on its premise.

TIG chads and community members: @TensorDetective @BassManTV @0x_Rorschach @goinggddark @ALofurno_ @paradisio_macho @JohnnyZcash @CryptoReviewing @fitforcrypto_ @serdarplg @badenglishtea @Cryptoprofilers @CryptoSGiants @platacrypto @ShogunMasterRoy @MiyaHedge

[EchoXBT @EchoXBT]

I've taken a position in $TIG with an average price of under $2 per token. An overview of The Innovation Game, focusing heavily on token price speculation, coming soon.

[EchoXBT @EchoXBT]

What if there existed a highly speculative bet combining $TAO, DeFi, and AI trends with a market cap under $6 million, no current emissions, a registered Bittensor subnet, and a TVL of over $50 million on the protocol? Welcome to a $STRDY thread:

About the project:
@SturdyFinance is focused on creating a DeFi platform with Isolated Lending and Shared Liquidity, where you can permissionlessly create a liquid money market for any asset. Sturdy's functionalities include lending, borrowing, liquidity creation for tokens, automated AI yield optimization, isolated mini-lending markets, and more.

Sturdy is working hard to become the leading platform for AI yield optimization. Essentially, Sturdy utilizes their Bittensor subnet (SN10) to provide aggregators with optimal allocations among whitelisted silos. Miners offer various allocation strategies, and validators incentivize those with the highest yields. The subnet puts miners in competition against each other for the good of the protocol and its users; they’re constantly competing to get users the best possible yields!

Sturdy is already operational on the Bittensor mainnet, delivering superior AI yield results to users without the need for constant manual allocation across numerous DeFi protocols. Although it's only been weeks since the mainnet launch, the Sturdy subnet is already attracting significant interest, with 2.86% of all $TAO emissions directed to their subnet.

Sturdy simplifies the user experience with a sleek, fresh, and straightforward UI, which is why the Sturdy platform is already enjoying immense popularity in the DeFi world. The TVL (Total Value Locked) on the Sturdy Protocol has already exceeded $60 million!

But that's not all. Other protocols can also leverage Sturdy's Bittensor subnet to automatically determine optimal allocations between whitelisted silos based on current yields.

Projects including @renzoai, @EtherFi, @swellnetworkio, @LlamaRisk, @sommfinance, @redactedcartel, @KelpDAO, @Stake_Stone, and more have already deployed and incentivized pools on Sturdy, with @TensorplexLabs set to join soon.

A few additional facts about Sturdy:
- Sturdy is backed by prominent VC's such as @PanteraCapital, @ycombinator, @KuCoinVentures and others.
- Sturdy's founder, @pgpsam, is a respected expert in the DeFi community, doxxed, and actively engaging in interviews, like the recent one on the Bittensor Guru Podcast.
- Just two days ago, Sturdy was awarded a funding grant by @AaveGrants to create an aggregator for GHO managed by the Sturdy Bittensor subnet (SN10).
- The Sturdy team is very experienced in the DeFi field, and their work is just beginning. Check out their recent monthly summaries; they consistently deliver exciting developments.

Token and Tokenomics:
$STRDY token is currently at $6 million circulating market cap with $2 million in liquidity.

Tokenomics:
- Airdrop: 1.5%, no vesting.
- Treasury: 60.5%, no vesting.
- Contributors and Investors: 19% each, with three-year vesting and a one-year cliff.

Sturdy is a democratically run project, with changes and developments in the protocol proposed and voted on by the DAO. Token holders shape the utility of the protocol and the $STRDY token.

Treasury funds are also governed by token holders. Holding tokens empowers users to vote on how to use these community funds for Sturdy's development, as they have done in the past, for example, by incentivizing liquidity providers etc.

There are a few ongoing proposals in the community on how to shape the project's future (for example, introducing the veSturdy concept), but as of now, there are no ongoing emissions of the $STRDY token.

Price speculation:
I believe that $STRDY is an excellent combination of narratives such as AI, Yield, and DeFi, all while being integrated into the thriving $TAO ecosystem. A doxxed team, reputable VCs, and numerous strong partnerships and DeFi developments suggest that the project is destined for a value far greater than its current valuation.

Many Bittensor subnet tokens, such as $HOTKEY, $AIT, $VIRTUAL, $TATSU and others, have reached market caps of even $200 million at their peaks while delivering far less than what Sturdy has already achieved.

In my opinion, $STRDY could easily achieve a 10x increase in value in the short-term and far more if the AI bull run continues.

$STRDY chads and community members include:
@simioape @Shawred0 @jollygreenmoney @niftyinvest @RealCryptophile @escander007 @GarrettZ @Cryptobarba_ @hooeem @Cj_does_crypto @SharkSociety_ @CryptoWithNick @Eemalir @CryptoGideon_ and others.

[EchoXBT @EchoXBT]

I've taken a position in $STRDY with an average price of $1 per token. An overview of the @SturdyFinance protocol with many interesting perspectives of this $TAO-AI-DeFi project and my investment strategy is coming soon.

[EchoXBT @EchoXBT]

To really simplify, Quilibrium is solving problems of data, computing, transfer, hosting and more. It basically brings us a highly scalable network on which you can build decentralized websites, applications, and plenty of other use cases. All while being as uncensored, private, decentralized and secure as possible.

[EchoXBT @EchoXBT]

Quilibrium.

These past few weeks, it's been called *the new* $TAO, $QUBIC, or $SMH, but what exactly is Quilibrium, and what does the future hold for the $QUIL token? Let's go through a project overview and navigate the price speculation area.

About the project:

Quilibrium is a decentralized internet layer protocol that offers the convenience of cloud services without compromising privacy or scalability. Its roots and vision are deeply ingrained in cyberpunk and freedom ideals. Quilibrium addresses some of the most significant cryptographic and scalability issues that today's blockchains face. In essence, the Quilibrium network's goal is to secure and decentralize the internet, making it private. It's not just a competitor to $ICP or AWS; it's something with far greater possibilities and objectives.

Quilibrium takes a novel approach to innovation by using an operating system for distributed networks. This enables new ways to build decentralized applications and potentially new use cases that were previously impossible. Sharded Hypergraphs are utilized to distribute both storage and computations across the network, ensuring true data privacy with oblivious hypergraphs for data storage and retrieval. No instance knows which data is being delivered, what the data contains, or who requested it.

Essentially, this approach to building an operating system is about creating a private, uncensored web-like structure of data and resources to manage and operate a computer's functions. This makes it easier to develop decentralized applications that can operate efficiently in this interconnected environment.

Projects built on Quilibrium can leverage the unique features of a decentralized operating system, including its file system, scheduler, communication, and key management. This simplifies the development of decentralized applications in a more intuitive way than traditional distributed networks. Thus, the Quilibrium network has the potential to become a hub for uncensored, open and decentralized projects.

Quilibrium TL;DR: Tor hidden services + AWS + E2EE + Cryptocurrency = a decentralized, private, fast, permissionless, open-source, encrypted Internet revolution.

A bunch of additional facts:
- Quilibrium's founder is Cassie Heart, an ex-senior staff engineer at Coinbase and engineer at Farcaster.
- It's a decentralized peer-to-peer MPC platform as a service (competitors are launching with high market caps and plenty of VC backing).
- Quilibrium has already formed a strong community, supported by many $TAO OGs.
- There is significant real-world utility for the network, and projects have already started building on Quilibrium.

Let's take a look at the $QUIL tokenomics:

The $QUIL token is a fully fair-launched token with no pre-sales, seed rounds, or insider allocations. There are 561 million tokens in circulation. With a current price of $0.37 per token, the market cap is floating around $200 million. An estimated 50 million tokens have been lost due to unclaimed vouchers and lost keys.

Emissions are tied to proof of meaningful work, which combines proofs of data availability and execution. The issuance rate is not fixed; it scales with the overall supply/demand for compute/storage, and this curve is relative to the overall data shards in the network.

Tokens are burned as part of execution and storage rent, with costs directly proportional to the number of logical gates used in fulfilling the interaction. Below, you can see an $QUIL emission curve graph. The expected supply is set to hit 1 billion by early 2025 and up to 2 billion by 2034.

Price speculation:

I'm very bullish on Quilibrium. It has all the makings of a successful, flagship project in the field: cutting-edge technology, strong ideals, a robust community, adaptable tokenomics, a higly scalable network, a fair launch, and a brilliant developer.

Since its launch, the price action has been nothing short of amazing, and I believe $QUIL has the potential for a vertical run continuing for months like $KAS. However, I anticipate a range where node farmers and whales may exit their long-held positions to cover costs and take some profits, likely around the $1 level.

Overall, for this cycle, a $5 price target seems very attainable. If the bull run hype doesn't fade, I see it going well beyond that.

I truly believe that, as Cassie said, "Quilibrium will serve as the fabric that connects all computers together on the Internet, so that users will never have to sacrifice security or privacy again." Long live the internet!

Quilibrium chads and community members: @BassManTV @goinggddark @TensorDetective @EyeofCyber @petejcrypto @narcoprimates @VatanMin @badenglishtea @tombheads @Howling__Husky @CryptoSGiants @10_FORTYONE @0xFitz @Mennodeg @QuilibriumHub @AltPartisan @altcoinist @ALofurno_ @0xKant_ @Smartecio @jkrdoc and others 🫡

[EchoXBT @EchoXBT]

As someone mentioned before, emissions aren't really so important when looking at $TAO and other great projects this cycle. When demand is so high and the project is so good, the price will front-run anyway. The amount of emissions will also be dropping drastically with the 2.0 update.

[EchoXBT @EchoXBT]

@JAY4JA1TCX You can buy Wrapped Quil with decent liquidity here: https://t.co/mfAi7z3ADq

[EchoXBT @EchoXBT]

@altcoinist Thanks sir 🤝

[EchoXBT @EchoXBT]

I've taken a position in $QUIL / $wQUIL at under $0.15 per token. An overview of the Quilibrium Network with a strong focus on token price speculation and my investment strategy coming soon.

[EchoXBT @EchoXBT]

Regardless of short-term price action...

I think that this recent Binance $TAO listing is an obvious sign that institutions and big players are fully into the crypto and AI category. It's starting to get very competitive in the AI trenches though, but if you position yourself in good AI plays, you can still make a lot of money.

There is one present play that really sticks out. $AIUS-price retraced and is ranging around $120 right now. Whales are buying up all the coins while bag holders are exiting the project. It is destined to run way higher than that. Keep in mind that:

-The emissions halving update is being audited and will be implemented very soon.
-Adding more models and an agentic marketplace are in the works.
-Some big KOLs (especially from the Tao environment) have built up significant positions in $AIUS.
-@PPLSOPTIMISMCEO is cooking up many big partnerships from the decentralized AI space.

Remember that we are in an AI supercycle and these prices may not last for long, so position yourself accordingly. More early AI projects coming soon 🫡

[EchoXBT @EchoXBT]

@CryptoMogulMind Big changes are coming with emissions halving, veAIUS, and other stuff. For precise numbers, it would be best to ask on the official Discord or Telegram

[EchoXBT @EchoXBT]

We're in the midst of an AI supercycle. Any AI-related project that isn't a rug pull or a tax farm is set to moon. Just look at the current market-anything with a functioning AI infra, or even just claiming to have one, is valued at $100M+. $GPU, $OPSEC, $DSYNC, $DEAI, $PAAL, $HASHAI, $NMT, and others are all soaring. It's very rare to find a working AI project quietly sitting at a $15M market cap.

Right now, while the emissions halving contract is being audited, whales are performing quiet accumulation, but soon they'll start promoting it to the masses. Once the broader market catches on to its true value, they'll push it way beyond $100M. By then, though, it'll already be too late to get in.

$AIUS-a decentralized POW network combining machine learning and AI agents-is at around $200-$15M market cap as we speak. This could be your last chance, anon.

[EchoXBT @EchoXBT]

@nancy_p_gpt $TAO is in a league of its own 🫡

[EchoXBT @EchoXBT]

It's getting hot in the AI trenches. A flood of projects is coming. Lots of scams and LARPs, but I managed to find a few good upcoming launches for this month. Coming very soon 🫡