Investors Losing Interest in ICOs 1594

Autonomous Research noted three reasons that could explain the drop in token sale activity. “First, perhaps investors have devalued the idea of buying a utility token (does nothing yet, legally non-binding), and instead want to buy equity in the same companies,” the firm wrote. By examining “Pitchbook’s data on blockchain and bitcoin venture capital raises,” the company found:

There is indeed a lagged effect in venture as well, with increasing drips of capital, reaching over $1 billion in August 2018.

The company believes that there are two reasons for this observation: “fintech companies like Robinhood and Revolut pivoting into crypto” and “Bitmain trying to vacuum up capital before the public offering.”

The second factor for the decrease in ICO activity concerns security token offerings (STOs). According to the U.S. Securities and Exchange Commission (SEC), ICOs may be securities offerings and fall under its jurisdiction. “STOs are the new ICOs,” wrote blockchain consultant Michael K. Spencer, elaborating that “security tokens are actual financial securities.”

Citing that investments in security token offerings have not grown to full strength, Autonomous Research emphasized:

STOs won’t hit the market in earnest for another half-year at least due to regulatory indigestion.

While China attempted to shut down all service providers of cryptocurrencies and ICOs, token sale activity remains. The People’s Bank of China (PBOC), the country’s central bank, admitted last month that a number of crypto trading platforms originally set up in China have left the country to operate overseas but continue to provide service to domestic users.

Previous ArticleNext Article

Leave a Reply

Monster Lord released in Asia with trendy gaming and Metaverse NFT Benefits 3825

Monster Lord is a metaverse gaming social platform for the monster world that not only revolutionises the traditional gaming experience, but also integrates cutting-edge blockchain technology and trendy art and culture to create a unique and personalised social platform full of stylish lifestyle.

Monster Lord offers new and existing users unlimited potential and unique personalities by offering a diverse range of meta-universe games and game themes. Players have the opportunity to embark on epic adventures with monsters from different dimensions, experiencing various strategic elements, battles, collections and more. The platform builds an exclusive community of young gamers with rich and engaging gaming content and has become a leading gaming lifestyle brand that opens up endless possibilities for players.

Monster Lord, Web3’s innovative hip play social platform, has released three games to date: the Monster Factory, Monster Gold Rush and Dragon Spirit Box games. The official announcement of the upcoming release of “Monster Escape” and “Monster Smash” has also been made. From the official platform of multiple channels of information, we understand that the game combines the trendy art game culture and NFT game revenue, which makes it particularly attractive to global players, especially those in Southeast Asia.

Game 1: Monster Factory is a blockchain-infused adventure game that provides players with the opportunity to strategise and earn feature rewards. The game is replete with a plethora of scenarios, interactive gameplay and ever-present challenges, offering players a highly engaging virtual world in which to pursue entertainment and special rewards.

Game 2: Monster Gold Rush is a game that incorporates blockchain and NFT features with natural financial properties. Players have the option to purchase NFTs and NFT gear that carries pass tokens, embark on adventures using MMC NFTs, and receive instant rewards. The game offers a particularly appealing virtual world, combining trendy entertainment with gaming rewards.

Game 3: The Dragon Box is a collectible and strategic game that has been developed with a focus on design and creativity, as well as attention to detail and iterative deduction. Players have the opportunity to obtain unique monster component parts through the Dragon Box. Each monster is comprised of 12 distinct parts, providing a diverse range of combination and customisation options. The diverse range of combat abilities afforded by the various component parts introduces an element of excitement, challenge and satisfaction to the process of engaging in game collection.

The forthcoming release of Game 4, Monster Escape, promises to be an exhilarating and engaging survival game that will test players’ abilities and resilience against the backdrop of an immersive, challenging environment. Those who survive are rewarded with tokens, which are distributed automatically by the game’s system via a blockchain protocol.

The forthcoming game, Monster Smash, represents a more challenging and entertaining addition to the combat action genre. Players assume the role of different monsters and must strategically eliminate their opponents from the arena. Monsters have the ability to utilise their skills, tactics and unique abilities in a variety of environments with the objective of achieving victory and earning in-game rewards. The Monster Smash game provides an intuitive gaming experience, immersing players in intense monster battles.

The cutting-edge gaming environment is designed to provide players with a diverse range of gaming experiences. Concurrently, the platform utilises a distinctive economic model to enhance the value of the game and the value of the game token. In Lords of Monsters, the meta-beast card NFT serves as a unique identifier and plays an important role in Monster Gold Rush, an exclusive game developed by the Monster Foundation, a consensual player co-sponsor. As per the official information, MOLO is an in-game token used for transactions and rewards. It is generated through various types of participatory behaviour of players in the game.

Monster Lord introduces an innovative economic model in which all MOLO tokens are generated through players’ in-game actions and a pool of SOL contracts is created. The developer team has designed a bespoke MOLO price calculation method. This is based on the SOL amount in the contract pool divided by the total amount of cyclic MOLO supply. This is done to guarantee the continuity of the game and the player’s continued participation, with the aim of obtaining higher and higher game revenues.

In Monster Factory, when a player participates in a game via SOL, 3% of the total SOL invested in each game is allocated to the contract pool. Two percent of this amount is allocated for the generation of MOLO in-game tokens at the prevailing “take” price. When a player participates in a game via MOLO, the 1% invested in each game is immediately destroyed to maintain the scarcity of token passes. Once a device has been purchased with SOL, all invested SOLs are transferred to the contract pool and immediately converted to MOLOs at the current “take” price. This allows players to participate in the adventure and benefit from the associated rewards. The gaming platform incorporates a redemption module for acquisition currencies. When redeeming value tokens, players have the option to redeem their mainstream SOL pass tokens at 90% of the take price and destroy all MOLO tokens.

This innovative token production method provides a solid foundation for the value of each circulating MOLO, which is backed by a tangible SOL. Furthermore, it guarantees ongoing token appreciation, offering a dependable and sustainable value proposition for all stakeholders. This distinctive economic model enables all participants to optimise their return on investment within the game.

In Lords of Monsters, every gaming behaviour offers both entertainment and the potential for investment. The innovative economic model allows players to enjoy the game and negotiate the monster meta-universe while generating wealth.

We invite you to join the Monster Lords and embark on an unlimited adventure.

Take control of the digital world and discover new gaming experiences with an innovative economic model.

Further releases, events and updates for the official and gaming communities will be announced in due course. For further information and updates, please refer to the official links below.

Website: https://monsterlord.pro
Twitter: https://x.com/MonsterLord2024
Telegram group: https://t.me/MonsterLord2024
Telegram channel: https://t.me/MonsterLord_updates
Discord: https://discord.gg/z5DqSQg7dD
Gitbook: https://monster-lord.gitbook.io

Trust Wallet integrates Rango’s API to enhance cross-chain swaps and bridging 3940

Trust Wallet, one of the leading non-custodial cryptocurrency wallets, has integrated Rango’s API to enable seamless cross-chain swaps and bridging.. This significant upgrade empowers Trust Wallet users to transfer assets effortlessly across more than ten blockchain networks, revolutionizing the way they interact with their digital assets.

A new era for Trust Wallet users

Trust Wallet’s integration of Rango’s cutting-edge API marks a major milestone in enhancing its cross-chain capabilities. This development allows Trust Wallet’s expansive user base to conduct seamless transactions between various blockchain networks, offering a new level of flexibility and convenience. With this integration, Trust Wallet users can now transfer assets across multiple chains with ease, eliminating the complexity traditionally associated with cross-chain transactions.

Why this integration matters

The addition of Rango’s API addresses a critical need within the cryptocurrency ecosystem: efficient and secure cross-chain transactions. Historically, users have faced challenges when attempting to move assets between different blockchains due to disparate protocols and technical barriers. Rango’s API simplifies this process, providing a unified solution that ensures smooth and reliable asset transfers. This integration aligns with Trust Wallet’s mission to deliver an intuitive and comprehensive wallet experience.

Trust Wallet features

Trust Wallet is a non-custodial wallet that offers users complete control over their digital assets. Since its inception, Trust Wallet has been at the forefront of Web3 innovation, providing a secure and user-friendly UI for managing multiple cryptocurrencies and NFTs. Key features of Trust Wallet include:

  • Multi-Cryptocurrency Support: Trust Wallet supports a diverse range of cryptocurrencies, extending beyond just EVM-compatible chains. This broad compatibility ensures users can manage a wide array of digital assets from a single platform.
  • Flexible Purchases: Users can buy cryptocurrencies directly from third-party platforms.
  • NFT Wallet: Trust Wallet serves as a comprehensive NFT wallet, allowing users to buy, sell, store, and trade NFTs directly from their mobile devices.
  • Staking and Rewards: The wallet offers staking options for selected cryptocurrencies, enabling users to earn rewards on their holdings.
  • Seamless Wallet Imports: Trust Wallet simplifies transferring assets from other wallets using a secret recovery phrase, private key, or Keystore file.
  • Flexible Fees: The platform offers free downloads and installations, with no subscription fees.
  • In-Built Swap Feature: Trust Wallet includes a decentralized exchange (DEX) for on-chain and cross-chain swaps, such as converting ETH on Optimism to ETH on Ethereum.

The future of cross-chain transactions

The integration of Rango’s API represents a pivotal advancement in Trust Wallet’s commitment to enhancing user experience and supporting a broader range of blockchain interactions. By streamlining cross-chain swaps and bridging, Trust Wallet continues to set a new standard for cryptocurrency management, making it easier than ever for users to navigate the evolving digital asset landscape.

About Rango

Rango is a pioneering web3 company specializing in cross-chain interoperability solutions. Their UI and API provides seamless, efficient, and secure cross-chain swaps, addressing the growing demand for interoperability in the cryptocurrency ecosystem. Rango’s integration with major wallet platforms like Trust Wallet underscores their role in driving innovation and simplifying digital asset management.

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.

Tshan Markets, the Revolutionary Online Trading Platform officially launched 4360

Tshan Markets, a leading provider of online Contracts for Difference (CFD) trading services, today announced its launch and its groundbreaking advancements aimed at revolutionizing the online trading experience. These new enhancements promise unparalleled convenience, security, and efficiency for traders globally, setting new standards in the financial industry.

As a top priority, Tshan Markets ensures a seamless 24/7 trading experience with robust background support that guarantees stability and uninterrupted connectivity. This major upgrade comes in response to the ever-evolving industry landscape and growing customer expectations.

As a world-class trading service provider, Tshan Markets is regulated by the MSB of the United States to ensure the conduct of reasonable and legal financial business in the prescribed areas, allowing users to experience formal and convenient financial services.

Tshan Markets, committed to innovation and transparency, continues to lead as a regulated broker. The company invests in cutting-edge technology, customizes services, and enhances customer education. The updated platform features a user-friendly interface and advanced trading functions, reflecting Tshan Markets’ vision to be the world’s foremost online trading platform.

“Tshan Markets is dedicated to providing a superior trading experience for all users, from novices to seasoned professionals,” said CEO of Tshan Markets. “Our innovative tools and comprehensive resources support our users’ trading journeys, helping them achieve financial goals through a secure and convenient online environment.”

Key to these enhancements is the introduction of a swap-free trading method with no overnight fees, significantly reducing trading costs and expanding profit margins for users. Additionally, Tshan Markets now offers a globally accessible registration process, allowing users to verify accounts via email from any country. Offline agents are also available to facilitate a more flexible and efficient account opening process.

Enhanced monitoring and management functions now allow real-time tracking of online status, IP addresses, trading activities, positions, and order modifications, ensuring the transparency and security of transactions. Each agent benefits from an independent official website link and dedicated customer service, ensuring personalized service experiences.

Foreign exchange quotations connected directly with banks ensure smooth and accurate transactions. Agents can schedule daily market condition updates, sharing over 30 fixed market conditions, providing timely and rich market information.

The platform now supports flexible product parameter settings, including handling fees, fee rebates, profit sharing, and spread rebates, allowing for personalized agent settings. Copy trading capabilities have also been enhanced, with support for 1:1 profit and loss orders and the ability to set up signal sources, providing more profit models for agents.

Tshan Markets’ payment and application functions are bolstered by an independent API interface for international online payments. The platform’s native app, available on Apple and Google stores, offers users a more convenient trading experience.

The trading software, compatible with all iOS and Android devices, enables users to trade anytime, anywhere, ensuring they never miss investment opportunities.

Key Highlights:

  • Ultra-fast Execution Speed: With an average execution speed of less than 30 milliseconds, Tshan Markets leverages low-latency optical fibers and industry-leading Equinix LD4 servers, ensuring timely and accurate information transmission.
  • Comprehensive Trading Products: Offering over 250 tools with ultra-low 0.0 spreads, Tshan Markets guarantees no re-quoting, best prices, and zero trading restrictions.
  • User-friendly Trading Platform: Integrating core MT5 functions with a streamlined design and stringent security encryption, the platform ensures convenient and secure trading operations.
  • Customizable Trading App: The Tshan Markets app allows for trading through any common browser on any operating system, meeting urgent trading needs without cumbersome installations.

Tshan Markets’ advancements underscore its commitment to redefining financial trading standards, providing investors with limitless opportunities, convenience, and efficiency. Covering a diverse range of trading products, including foreign exchange, stocks, indices, precious metals, crude oil, and cryptocurrencies, Tshan Markets continues to drive industry progress and meet the diverse needs of users worldwide.

CoinBearer Trading Center: The Future of Decentralized AI 4239

Openness fosters innovation, and recent advances in artificial intelligence (AI) have showcased its global utility and influence. As computing power increases through resource integration, centralization issues are likely to arise, with entities possessing superior computing capabilities gaining dominance. This centralization could hinder the pace of innovation. Decentralization and Web3 technologies offer promising alternatives to maintain the openness of AI.

Decentralized Computing for Pre-Training and Fine-Tuning

Crowdsourced Computing (CPUs + GPUs)

Supporting Argument: The crowdsourcing model, similar to those used by platforms like Airbnb and Uber, could be adapted for computing. This model would aggregate idle computing resources into a marketplace, potentially offering lower-cost computing solutions for specific use cases and providing censorship-resistant resources for training models that may face future regulations or bans.

Opposing Argument: Crowdsourced computing may not achieve the economies of scale necessary for high-performance tasks, as most high-performance GPUs are not consumer-owned. The concept of decentralized computing seems contradictory to high-performance computing principles.

Decentralized Inference

Running Open-Source Model Inference Decentralized

Supporting Argument: Open-source models are approaching the capabilities of closed-source models and gaining traction. Centralized services such as HuggingFace or Replicate for model inference introduce privacy and censorship concerns. Decentralized or distributed vendors could address these issues.

Opposing Argument: Local inference, facilitated by dedicated chips capable of handling large parameter models, may ultimately prevail. Edge computing offers solutions for privacy and resistance to censorship.

On-Chain AI Agents

On-Chain Applications Using Machine Learning

Supporting Argument: AI agents, which require a transaction coordination layer, can benefit from cryptocurrency payments, as they are inherently digital and cannot utilize traditional banking systems. On-chain AI agents mitigate platform risks, such as sudden changes in plugin architectures by entities like OpenAI, which can disrupt services without warning.

Opposing Argument: Current AI agents, such as BabyAGI and AutoGPT, are not yet ready for production. Additionally, entities creating AI agents can use payment services like Stripe without relying on cryptocurrency. The argument regarding platform risk has been previously used to justify crypto, but it has yet to materialize.

Data and Model Sources

Autonomous Management and Value Collection for Data and Machine Learning Models

Supporting Argument: Data ownership should reside with users who generate the data, rather than the companies collecting it. As data is a crucial resource in the digital era, its monopolization by major tech companies and inadequate monetization are significant concerns. A more personalized internet requires portable data and models, allowing users to transfer data across applications similar to moving cryptocurrency wallets between dapps. Blockchain technology may provide a viable solution to data sourcing challenges, particularly in light of increasing fraud.

Opposing Argument: Data ownership and privacy concerns may not be a priority for users, as evidenced by high registration numbers for platforms like Facebook and Instagram. Trust in established entities like OpenAI may overshadow concerns about data ownership.

Token-Incentivized Apps (e.g., Companion Apps)

Envisioning Crypto Token Rewards

Supporting Argument: Crypto token incentives are effective for encouraging network growth and behavioral engagement. Many AI-centric applications are expected to adopt this model. The AI companion market presents significant opportunities, with the potential to become a multi-trillion dollar sector. Historical data, such as the $130 billion spent on pets in the U.S. in 2022, suggests a strong market for AI companions. AI companion apps have already shown significant engagement, with average session lengths exceeding one hour. Crypto-incentivized platforms could capture substantial market share in this and other AI application areas.

aiOla releases breakthrough AI model that’s 50% faster than OpenAI’s Whisper 4665

aiOla, a leader in speech recognition technology, has announced today the release of its new open-source AI model, Whisper-Medusa. The new model, based on a multi-head attention architecture, outperforms OpenAI’s Whisper, the most popular and best available AI speech recognition model, by performing 50% faster with no loss in performance.

The automatic speech recognition market size is projected to grow to $7.14 billion this year. As voice becomes an integrated feature in most connected devices and AI chatbots, speech recognition has emerged as a vital technology field. Amid this rapid expansion, OpenAI disrupted the automatic speech recognition landscape by releasing Whisper, an open-source model considered superior to any other commercial or open-source speech recognition model available today. Whisper, with more than 5 million downloads per month, has become the gold standard for automatic speech recognition systems and is powering tens of thousands of applications.

aiOla’s new open-source model, Whisper-Medusa, greatly improves the speed compared to Whisper by altering how the model predicts tokens. While Whisper predicts one token at a time, Whisper-Medusa can predict ten at a time, resulting in a 50% increase in speech prediction speed and generation runtime. As a result of this significant advancement, aiOla has decided to release the model’s weights and code today on GitHub and Hugging Face for the community to access.

“Creating Whisper-Medusa was not an easy task, but its significance to the community is profound,” said Gill Hetz, VP of Research at aiOla.”Improving the speed and latency of LLMs is much easier to do than with automatic speech recognition systems. The encoder and decoder architectures present unique challenges due to the complexity of processing continuous audio signals and handling noise or accents. We addressed these challenges by employing our novel multi-head attention approach, which resulted in a model with nearly double the prediction speed while maintaining Whisper’s high levels of accuracy. It’s a major feat, and we are very proud to be the first in the industry to successfully leverage multi-head attention architecture for automatic speech recognition systems and bring it to the public. “

Whisper-Medusa, based on multi-head attention, is trained using weak supervision. In this process, the main components of Whisper are initially frozen while additional parameters are trained. This training process involves using Whisper to transcribe audio datasets and employing these transcriptions as labels for training Medusa’s additional token prediction modules. aiOla currently offers Whisper-Medusa as a 10-head model, with future plans to release a 20-head version with equivalent accuracy.

About aiOla:

aiOla’s patented technology comprehends over 100 languages, and discerns jargon, abbreviations, and acronyms, demonstrating a low error rate even in noisy environments. aiOla’s technology converts manual processes in critical industries into data-driven, paperless, AI-powered workflows through cutting-edge speech recognition.

Tangem Launches World’s First Ring Hardware Wallet 5454

Tangem, a leader in cryptocurrency security solutions, announces the launch of the Tangem Ring, the world’s first ring-shaped crypto wallet. This groundbreaking device is set to transform how people interact with cryptocurrencies. By seamlessly integrating into users’ daily lives, the Tangem Ring addresses key barriers to crypto adoption, offering unparalleled convenience without compromising on security.

The Tangem Ring makes hardware wallets more accessible and user-friendly than ever before. Users can now wear their crypto everywhere, enjoying instant access to over 6,000 assets and a range of services on their fingers. This innovation enhances the daily usability of cryptocurrencies and promotes secure habits by encouraging the use of hardware wallets over software alternatives or centralized exchanges.

Andrey Kurennykh, CEO and Co-founder of Tangem: “Our goal with the Tangem Ring was to create a device that seamlessly integrates cryptocurrency management into users’ daily lives. Tangem sets up new standards for the crypto wallet industry and opens the door to the future of crypto, which is easy, accessible, secure, and has a smooth and enjoyable customer experience.”

Dubbed the future of crypto wallets, the Tangem Ring incorporates all the advanced features and shares the same technical characteristics as the Tangem Wallet. The ring has a CC EAL6+ certified chip, and an NFC antenna encased in a hypoallergenic zirconia ceramic shell. It is highly resistant to scratches, extreme temperatures, dust, and water, making it perfect for everyday usage.

Tangem Ring allows users to buy, sell, swap, stake, connect to decentralized applications, and access decentralized finance—all their cryptocurrency needs in one ultimate, everyday device. This significantly reduces the barrier to entry for new users and drives wider adoption of cryptocurrencies.

The Tangem ring is now available for purchase through its official website. For more information about the Tangem Ring and its features, please visit the Tangem website.

About Tangem

Tangem is a leading provider of hardware wallet solutions for digital assets. Tangem is committed to making cryptocurrency management accessible and secure for users worldwide, with a strong focus on security, innovation, and user experience. Tangem has a proven track record of zero hacks among its products thanks to rigorous security measures. The additional audits and certifications by Kudelski Security and Riscure reinforce this trust, making users more confident in adopting and using the Tangem Wallets for their crypto needs.

Website: www.tangem.com/ring/