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AI is Disrupting the Crypto Industry

By
Paul Ugbede Godwin
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0

The crypto industry is one of the most dynamic and innovative sectors in the world today. It is constantly evolving and adapting to new challenges and opportunities. Blockchain and AI are two of the most disruptive technologies of the 21st century, and they have a lot in common. Both are based on distributed systems that rely on consensus mechanisms to ensure trust and transparency. Both are also driven by data and algorithms that can process large amounts of information and generate insights. However, they also have some limitations, obstacles and risks, such as cyberattacks, regulatory uncertainty, scalability issues, and market volatility.

One of the emerging technologies that could help the crypto industry overcome some of these challenges and unlock new possibilities is artificial intelligence (AI). AI is the branch of computer science that deals with creating machines or systems that can perform tasks that normally require human intelligence, such as learning, reasoning, decision making, and problem solving.

AI has many applications and benefits for the crypto industry, such as:

Enhancing security and privacy: AI can help detect and prevent cyberattacks, fraud, and theft by analyzing patterns and anomalies in the network, transactions, and user behavior. AI can also help encrypt and anonymize data, as well as create secure digital identities and wallets.

Improving efficiency and scalability: AI can help optimize the performance and speed of the network, transactions, and smart contracts by using algorithms and models that can adapt to changing conditions and demands. AI can also help reduce the energy consumption and environmental impact of the network by finding more efficient ways to process and verify transactions.

Generating insights and value: AI can help analyze and interpret large amounts of data from various sources, such as market trends, social media, news, and user feedback. AI can also help generate predictions and recommendations based on data analysis, as well as create new products and services that cater to the needs and preferences of users.

AI is not only a tool for the crypto industry, but also a potential partner. Some of the emerging trends and developments in this field include:

Decentralized AI: This is the concept of creating and distributing AI systems that are not controlled by a central authority or entity, but rather by a network of peers or nodes. Decentralized AI could enable more collaboration, innovation, and democratization in the crypto industry, as well as more transparency, accountability, and trust.

AI-powered crypto: This is the concept of creating and using cryptocurrencies that are powered by AI, such as using AI to generate or mine coins, or using AI to govern or manage the network. AI-powered crypto could enable more functionality, flexibility, and adaptability in the crypto industry, as well as more intelligence, autonomy, and creativity.

Crypto for AI: This is the concept of using cryptocurrencies to incentivize or reward AI systems or agents for performing tasks or providing services. Crypto for AI could enable more access, participation, and diversity in the crypto industry, as well as more value creation, exchange, and distribution.

AI is disrupting the crypto industry in many ways, but it is also creating new opportunities and possibilities for both humans and machines. The future of the crypto industry will depend on how well we can leverage the power of AI to enhance our capabilities, solve our problems, and achieve our goals.

There are already many projects and platforms that are using AI to enhance their blockchain solutions. Some examples are:

SingularityNET: A decentralized platform that allows anyone to create, share and monetize AI services at scale.

Ocean Protocol: A decentralized data exchange protocol that allows anyone to access, share and monetize data using AI.

Fetch.ai: A decentralized network that enables autonomous agents to perform tasks such as data collection, analysis and optimization using AI.

Numerai: A decentralized hedge fund that crowdsources machine learning models from data scientists and rewards them with crypto tokens.

Enigma: A decentralized protocol that enables secure computation over encrypted data using AI.

These are just some of the examples of how AI is transforming the blockchain industry. As the technology matures and adoption grows, we can expect to see more innovation and disruption in this space. AI powered crypto is not only a trend, but a necessity for the future of blockchain. 

Meanwhile, AI talent is scarce and it is causing challenges in some markets.

Hiring is so competitive in the field of artificial intelligence that some companies are offering almost seven figures for top talent. Others are training staff internally in the new technology or buying startups to acquire those skilled in it. Firms such as Walmart, Goldman Sachs, Amazon, and Accenture are all seeking machine-learning specialists, data scientists and others to mine AI’s potential to transform their businesses — a factor making the talent rush more intense, according to hiring experts. Amid a strike by Hollywood writers and actors over issues including job security related to AI, streaming giant Netflix recently posted a product manager position paying $900,000 annually.

Shibarium Blockchain: Examining Shiba Inu, Pepe, & Big Eyes Infinity’s Trajectories

By
TI Partners
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0

The launch of the Shibarium blockchain has triggered anticipation within the Shiba Inu (SHIB) community. Simultaneously, Big Eyes Infinity (BIGINF) seizes this momentum with a 4 month presale. Amidst this frenzy, a pivotal question arises: Will Shiba Inu continue to reign as the leading meme coin, or can PEPE’s (PEPE) recent surging popularity overthrow it? We will explore the intricacies of these three tokens together.

We will attempt to provide satisfying insights for meme coin market speculators and investors looking for the next biggest ROI in the meme coin market.

Shibarium Blockchain: Transforming SHIB Potential Beyond Meme Status

Shibarium is the forthcoming blockchain of Shiba Inu. Shibarium blockchain augments SHIB’s utility and operational scope by enhancing scalability, speed, and affordability. This blockchain emerged in response to the need for fast and cheap transactions. Shibarium blockchain is set to open up avenues for the integration of innovative decentralized applications. It can be stated the SHIB is going through a transformation phase from a meme token to a utility-driven crypto asset.

The official launch of Shibarium is scheduled during the Blockchain Futurist Conference in Toronto, Canada, on August 13-17, 2023. The combined impact of Shibarium’s launch and the heightened market activities could set the stage for a  surge in SHIB’s value. According to market analysts, there’s potential for SHIB to reach $0.000010 in the upcoming weeks and $0.00002 in subsequent months.

Breaking News: PEPE’s Swift Surge

On August 9, a major crypto investor spent 1 million USDC to acquire 807 billion PEPE tokens. Over the past week, the PEPE price ranged between $0.00000128 and $0.00000108. However, Pepe’s fortunes changed as it swiftly climbed from $0.00000122. During this upward surge, an unnamed investor made a bold move by investing 1 million USDC in 807 billion PEPE coins. According to expert predictions, Pepe Coin’s price may potentially surge to $0.000002 by the end of 2023.

Big Eyes Infinity: The Optimum Choice for Investors

As the market is buzzing about Shibarium’s launch and PEPE’s rise, Big Eyes Infinity is establishing a compelling case for investors. Big Eyes Infinity has some lessons learned from Big Eyes Coin’s presale.

This utility token holds the promise of taking the Big Eyes community to new heights. The community’s faith in the mission and future prospects of Big Eyes Infinity underscores its potential for success.

Community is the real source of value in crypto, and BIGINF’s team knows this well with its community-focused approach.

Big Eyes Infinity is characterized by a carefully structured token distribution strategy. It has a maximum supply of 50 billion tokens; 70% are allocated to the presale, 25% to decentralized exchanges, and 5% to marketing efforts. The presale launch price of 0.00006 demonstrates the project’s approach to the initial value. According to market analysts, the token is anticipated to reach 0.00036.

Food for Thought

As we’ve seen so far, the emergence of Shibarium and the ongoing Shiba Inu saga continue to capture the attention of investors. At the same time, PEPE’s rapid rise questions the supremacy of SHIB. But among these options, Big Eyes Infinity is an optimum choice for investors as it offers the potential for huge gains. The meme coin market speculators and investors now stand at a crossroads where the path to the next big ROI unfolds.

In this thrilling narrative, the choice is clear: seize the opportunity to invest in Big Eyes Infinity, where innovation meets community and potential transcends imagination.

Invest today and pave the way for a brighter tomorrow in the world of meme coins.

 

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin

Beyond Eyeballs: Shytoshi Kusama’s Comment Sparks A SHIB-Worldcoin Drama – The Big Eyes Infinity Option

By
TI Partners
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0

In a recent statement, Shiba Inu’s (SHIB) lead developer, Shytoshi Kusama, ignited a spark in the cryptocurrency world by declaring that SHIB was superior to “any token that makes you scan your eyeballs.” While not explicitly naming the target, in the latest crypto news and discussions, it’s widely interpreted as a jab at Worldcoin (WLD).

This seemingly offhand comment has set the stage for potential drama between the two projects. This article examines the drama mounting up between these two cryptos and assesses their features. Moreover, we will be introduced to a third contender, Big Eyes Infinity (BIGINF), that is continuously gaining attention even in the heat of this drama.

SHIB: A Meme Coin Phenomenon

In the latest crypto news, Shiba Inu’s developer recently announced a trio of strategic partnerships, resulting in  a notable 19% spike in SHIB’s price. These partnerships are designed to expand the utility and adoption of the Shiba Inu token, which signals a growing influence of SHIB in the crypto landscape. One partnership involves a collaboration with a decentralized exchange, set to provide enhanced trading options and liquidity for SHIB.

Furthermore, Shiba Inu is making strides in the real world as another  partnership aims to integrate its token as a payment option in an e-commerce platform. This move seeks to bridge the gap between the digital and physical domains. Perhaps the most intriguing partnership involves the establishment of a decentralized NFT ecosystem centered around Shiba Inu. Non-Fungible Tokens (NFTs) have gained immense popularity, and Shiba Inu aims to capitalize on this trend by creating a platform for NFTs related to its brand.

Worldcoin: Eyeing Biometric Innovation

Worldcoin is a cryptocurrency project that uses digital identity verification. Its trending status is largely attributed to its unique approach to distinguishing genuine humans from bots or AI algorithms. Worldcoin has introduced a new digital identity verification system that uses iris-scanning technology in order to establish what it calls proof of personhood.

Worldcoin Price Prediction:

Drawing from the historical patterns of price fluctuations in Worldcoin, the anticipated minimum price for Worldcoin in 2024 stands at $1.78. Jointly, there is a prediction indicating that the value of Worldcoin might surge to a maximum of $2.94 in the upcoming year. Should WLD attain this upper price projection, it could potentially experience a growth of 25.10% by 2024 in contrast to its current value.

Big Eyes Infinity: Beyond Meme Coins

Amidst the drama unfolding between SHIB and Worldcoin, Big Eyes Infinity presents itself as a third-party alternative which focuses on the Big Eyes community’s growth. Big Eyes Infinity aims to enhance transparency by launching as a utility token. Holders gain access to the Big Eyes platform such as the 819Casino and play-to-earn (P2E) games.

Big Eyes Infinity stands out by offering integration with the 819Casino and P2E games. The BIG community’s support reflects faith in the project’s potential success; as a result, we are witnessing a growing trend of investor interest in this utility-driven tokens.

Consequently, every BIGINF token will be dispensed through an airdrop to holders upon inauguration, obviating the necessity for a claiming process. The debut of BIGINF is slated to occur directly on a decentralised exchange (DEX), underlining the aim of optimising gains for the community.

The tension between SHIB and Worldcoin has shifted the spotlight onto alternatives like Big Eyes Infinity. With a high-value proposition, Big Eyes Infinity offers a path for investors looking to avoid potential repercussions from the ongoing interactions between SHIB and Worldcoin. The rivalry between SHIB and Worldcoin highlights the potential for undesirable disruptions and unexpected turns.

Conclusion

While Shytoshi Kusama’s comment may have initiated just a friction, the subsequent outcomes reveal a range of possibilities and controversies for investors. Amidst the uncertainties, Big Eyes Infinity emerges as an intriguing contender. It offers a tangible utility that aligns with the demands of the crypto community. As the narrative continues to unfold, investors are reminded to stay informed, adaptable, and open to the vast opportunities that await within the world of cryptocurrencies.

To embrace the shifting tides of the crypto market and explore promising opportunities, consider becoming a part of the Big Eyes Infinity community—a pathway to an exciting and potentially lucrative journey in the crypto sphere.

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin

Liquidity is a Very Important Signal in Crypto

By
Paul Ugbede Godwin
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0

If you are a crypto investor, trader, or enthusiast, you have probably heard the phrase “liquidity is king” many times. But what does it mean and why is it so important for the crypto market?

Liquidity is the ability of an asset to be converted into cash or other assets quickly and easily without affecting its price. Liquidity is a key factor that influences the attractiveness and profitability of any investment, especially in the volatile and dynamic world of cryptocurrencies.

In the crypto market, liquidity is especially important because of its high volatility and fragmentation. Crypto prices can change dramatically in a matter of minutes or even seconds, so having enough liquidity means that you can enter or exit a position at the best possible price and avoid slippage. Slippage is the difference between the expected price of a trade and the actual price at which it is executed. High slippage can result in significant losses or missed opportunities.

For example, Bitcoin might be trading at $50,000 on one exchange and $49,500 on another. This creates arbitrage opportunities for traders who can exploit these price differences, but also increases the risk of market manipulation and price distortion. Therefore, having high liquidity across the crypto market is beneficial for both traders and the industry as a whole. It reduces transaction costs, improves price discovery, enhances market efficiency, and fosters trust and confidence among participants. It also attracts more investors and institutions to the crypto space, which in turn increases the demand and value of crypto assets.

Liquidity has several benefits for crypto investors and traders, such as:

Reducing the risk of price manipulation and market inefficiencies. When there is high liquidity, the market reflects the true supply and demand of the asset, and the price movements are smoother and more predictable. On the other hand, when there is low liquidity, the market can be easily distorted by large orders or trades, creating artificial spikes or dips in the price that can lead to losses or missed opportunities.

Enhancing the speed and efficiency of transactions. When there is high liquidity, the transactions can be executed faster and cheaper, as there are more buyers and sellers available in the market. This reduces the waiting time and the transaction costs for the traders and improves their trading experience and performance. Conversely, when there is low liquidity, the transactions can take longer and cost more, as there are fewer buyers and sellers in the market. This increases the frustration and the transaction costs for the traders and lowers their trading satisfaction and results.

Increasing the accessibility and diversity of the market. When there is high liquidity, the market is more open and inclusive, as more people can participate in buying and selling the asset. This creates a more vibrant and diverse market, where different perspectives and opinions are expressed and exchanged. This also fosters innovation and competition, as new products and services can emerge and challenge the existing ones.

In contrast, when there is low liquidity, the market is more closed and exclusive, as fewer people can access and trade the asset. This creates a more stagnant and homogeneous market, where few voices dominate and dictate the market trends. This also hinders innovation and competition, as new products and services struggle to enter and survive in the market.

Therefore, liquidity is a very important signal in crypto that can indicate the health and potential of any crypto asset. By monitoring the liquidity of different crypto assets, investors and traders can make better informed decisions about their portfolio allocation and trading strategies. Liquidity can also help identify new opportunities and risks in the crypto market, as well as anticipate future price movements and trends.

Why the Spot Bitcoin ETF Delay?

By
Paul Ugbede Godwin
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0

The cryptocurrency market has been eagerly awaiting the approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Bitcoin ETF is a type of exchange-traded fund that tracks the price of bitcoin, the most popular cryptocurrency in the world. Bitcoin ETF allows investors to gain exposure to bitcoin without having to buy, store, or manage the digital asset themselves. Bitcoin ETF also provides more liquidity, transparency, and regulatory oversight than other bitcoin-related products.

A Bitcoin ETF works by holding a certain amount of bitcoin in a trust or a custodian, and issuing shares that represent a fraction of the bitcoin holdings. The shares are traded on a stock exchange, just like any other ETF. The price of the shares reflects the market value of the bitcoin holdings, minus the fees and expenses of the fund. The fund manager is responsible for ensuring that the shares are backed by enough bitcoin, and for rebalancing the portfolio as needed.

A spot Bitcoin ETF would allow investors to buy and sell shares of a fund that holds actual bitcoins, rather than futures contracts or other derivatives. However, the SEC has repeatedly delayed its decision on several spot Bitcoin ETF proposals, citing concerns about market manipulation, fraud, custody, and investor protection.

One of the main challenges for a spot Bitcoin ETF is to prove that the underlying market is free from manipulation and has sufficient liquidity and transparency. The SEC has expressed doubts about the reliability and integrity of the price discovery mechanisms in the cryptocurrency market, especially in unregulated or lightly regulated venues. The SEC also worries that a spot Bitcoin ETF could create arbitrage opportunities for market participants who have access to different platforms or sources of information.

To address these issues, a spot Bitcoin ETF would need to demonstrate that it has robust policies and procedures to monitor and prevent market manipulation, and that it sources its prices from reputable and regulated exchanges or indices. Additionally, a spot Bitcoin ETF would need to show that it has adequate liquidity providers and market makers to ensure efficient trading and fair pricing of its shares.

Another major hurdle for a spot Bitcoin ETF is to ensure the security and safety of the bitcoins that it holds on behalf of its investors. The SEC has raised concerns about the risk of theft, loss, or hacking of the digital assets, as well as the potential for fraud or misappropriation by the fund’s custodian or manager. The SEC also questions the ability of a spot Bitcoin ETF to verify the ownership and existence of its bitcoins, and to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations.

To overcome these challenges, a spot Bitcoin ETF would need to provide evidence that it has a qualified and trustworthy custodian that can safeguard its bitcoins in accordance with high standards of security and compliance. Moreover, a spot Bitcoin ETF would need to establish clear and enforceable rules and agreements regarding the custody, transfer, and redemption of its bitcoins, and to conduct regular audits and inspections of its holdings.

The SEC is concerned about the suitability and appropriateness of a spot Bitcoin ETF for retail investors, who may not fully understand the risks and complexities involved in investing in cryptocurrencies. The SEC fears that a spot Bitcoin ETF could expose investors to excessive volatility, liquidity risk, operational risk, legal risk, and regulatory risk. The SEC also worries that investors could be misled by false or misleading information or advertising about the performance or benefits of a spot Bitcoin ETF.

To mitigate these risks, a spot Bitcoin ETF would need to provide clear and comprehensive disclosures about the nature, characteristics, and risks of investing in cryptocurrencies and in the fund itself. A spot Bitcoin ETF would also need to educate investors about the differences between a spot Bitcoin ETF and other types of crypto-related products, such as futures-based ETFs or trusts. Furthermore, a spot Bitcoin ETF would need to adhere to strict standards of governance, accountability, and transparency in its operations and reporting.

The main benefit of Bitcoin ETF is that it lowers the barriers to entry for investors who want to participate in the bitcoin market. Investors do not need to worry about setting up a digital wallet, dealing with complex security protocols, or facing hacking or theft risks. They also do not need to deal with the tax implications of buying and selling bitcoin directly. Instead, they can simply buy and sell shares of Bitcoin ETF through their brokerage accounts and enjoy the same tax treatment as other ETFs.

Another benefit of Bitcoin ETF is that it increases the legitimacy and adoption of bitcoin as an asset class. By being listed on a regulated stock exchange, Bitcoin ETF attracts more institutional and retail investors, as well as more media attention and public awareness. This can boost the demand and liquidity for bitcoin, and potentially drive up its price. Moreover, Bitcoin ETF can help reduce the volatility and manipulation of the bitcoin market, by providing more accurate price discovery and reducing the influence of unregulated platforms.

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