everyone is talking about AI & dePIN
$TAO listing on binance
i might not fully understand AI but i know whats a narrative
my bro linked me to this small cap AI project on @solana
The pitch:
> ionet & akt utilisation rate is only 10% because it's only feasible for developers not end users
> @layernet_ai is a decentalized AI ecosystem targetting end consumers
> LayerNet Dapp marketplace
> LayerNet chain, finra layer, EVM PoS chain
Im still looking at the detail n finding more about this deal, they are hinting a TGE in Q2 2024 with some listing in talks
this fits my "retail coming in thesis"
hot concepts that is understandable to retail, RWA, AI like the metaverse coins of last season it will perform well
So what is layernet?
It is AI ecosystem design for everyday user.
it is a range of layers as a infra to support dapps.
Users can build dapps wth decentalized AI computing power with layernet dapp marketplace.
layernet focusing on enhancing native blockchain applications
The layernet chain is on sol, making it easier to onboard smart contract developers.
It's infra layer is a full suite of AI tools on solana for fast & cheap data processing
The eco framework is design to incentivitize builders & users with "surprising" reward ๐
just can imagine it to be a LayerZero in the AI sector
layernet is to connect AI crypto native protocols.
E.g.
GPU (ionet) <-> Layernet <-> $TAO
Layernet will use GPU from IO to farm $TAO
I will keep u posted on this project as the marketing only just started but u can play around with thier @Galxe for now twitter.com/177010163608758681...
and thats a wrap for now?
is this something u think i should ape?
I hope u find this insightful or valuable somehow.
Feel free to support me in my substack, use my referral link
or just come chat with me in medium rare!
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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