Even if you are not a post-00s, you must have heard of "RSS subscription". RSS, which stands for Really Simple Syndication, provides website information abstracts, allowing users and applications to deliver article titles, abstracts, full texts, and other information to subscribers in a standardized format. Users can aggregate different information sources by subscribing to the RSS links of different websites and read the content in one tool.
Introduction to RSS3:
RSS3 is a decentralized network index and structured open information, making it accessible and valuable for the next Twitter, Google, and OpenAI. With its unique data sublayer + value sublayer design, the RSS3 network drives the full lifecycle of open information from indexing to consumption, and establishes a healthy ownership economy.
RSS3 previously received a $10 million investment from institutions such as Coinbase and DWF Labs, which is enough to prove its background strength and sound fundamentals. During the previous bear market, RSS3 never stopped building and has also accumulated a large number of loyal users. Currently, RSS3 is constantly expanding its main business to cater to market trends and has strengthened cooperation with companies like Google, becoming the largest open information source for AI model training!
The RSS3 network is innovatively composed of two sublayers:
The Data Sublayer (DSL) is responsible for managing the lifecycle of open information, including indexing, conversion, storage, distribution, and consumption.
The Value Sublayer (VSL) is an Ethereum Layer 2 blockchain that uses NEAR as the data availability layer and a custom OP stack. It is responsible for handling the value generated by open information activities and applications, establishing a healthy ownership economy for the network. $RSS3 is the native token. All sequencing revenue will be donated to public goods and ecosystem grants.
The network is carefully designed to support a wide range of applications, from AI training, social media to search engines.
RSS3 nodes are responsible for indexing, building, storing, and ultimately providing open information to end-users. All users can stake tokens to join the nodes and receive high rewards!
Currently, the RSS3 node staking has been developed for several months, with a TVL of $155,485,479. The average annualized yield reaches 76%!
Innovations in social, search, and artificial intelligence
Social: As the largest open social indexer, RSS3 brings interoperability to content and bridges applications and users across various social protocols (including Lens, Farcaster to Nostr, ActivityPub, etc.).
Search: RSS3 simplifies the interpretation and aggregation of open information, allowing easy construction of search engines, cross-blockchain browsers, and activity feeds.
AI: RSS3 is the largest open information source for AI model training. The network provides a wealth of ready-to-use information for training LLMs and multimedia models. RSS3 nodes can also implement their own locally prioritized models.
RSS3 Token Economic Model:
The total token supply is 1 billion, with 64% allocated to the community, about 15% to the team, about 15% to seed and private round investors, 5% to the founding company Natural Selection Labs, and 1% to project advisors. Most tokens will be long-term locked and released within 5 years. The future growth of the protocol ecosystem and treasury will come from value-added services, SocialFi activities, and transaction fees, among other sources.
Since 2023, it can be said that the AI element has officially entered its first year, and AI has become the main theme of the entire market! So what developments does RSS3 have in the field of AI?
On March 9, 2023, the Open Web Information Distribution Protocol RSS3 released a Web3 AI open platform for developers, providing an environment for developers to train GPT models on-chain data. Models trained in this environment will have the ability to access, process, and think about data and information in the decentralized network, covering but not limited to DeFi, Non-Fungible Token, decentralized social, and other fields.
Previously, the first search engine product hoot.it aimed at end-users in the RSS3 ecosystem has launched HootGPT based on GPT, which can provide users with a unique, natural, and interactive search experience.
On June 21, the Open Web Information Distribution Protocol RSS3 officially announced that a plugin called "Web3 User Activity" developed by it has been officially launched in the ChatGPT store. The plugin collects and integrates all on-chain information and provides it to ChatGPT, allowing ChatGPT users to access more comprehensive on-chain content.
On December 20, according to official news, the Web3 information distribution protocol RSS3 and OpenAI have jointly launched a brand-new social AI product for Web3, which will build an on-chain market by combining decentralized content with artificial intelligence, realizing the perfect combination of social products and AI algorithms. RSS3 will achieve an ecological leap in social and AI interaction and transform to a new on-chain market through this product.
On April 5, 2024, RSS3 and Google Cloud joined hands to promote the development of the open information layer, artificial intelligence (AI), and Web3. To further support the construction of the open information ecosystem, RSS3 will collaborate with the Google for Startups Cloud Program, providing developers with unprecedented technical support in the fields of artificial intelligence and Web3. Through the Open Information Fund, RSS3 aims to support creative projects and independent developers, jointly moving towards a more open and interconnected future.
Rishi Ramchandani, Head of Web3 Business Expansion, APAC at Google Cloud, said that the collaboration between Google Cloud and RSS3 will realize the provision of necessary tools for developers to drive the next wave of Web3 innovation.
Joshua Meng, the founder of RSS3, said that RSS3 will cultivate the next-generation decentralized Twitter, Google, and OpenAI through open information.
On January 2, 2025, the AI+Social concept project RSS3 announced the introduction of TEE technology, which will demonstrate the relevant openness and transparency through DNA comparisons performed in the Trusted Execution Environment (TEE), hoping to provide momentum for the next major scientific research.
On January 3, the RSS official stated that they are building the ultimate AI data framework to support functional AI agent innovation in the crypto space, and are deeply researching on-chain applications for DeSci to advance research and tools, accelerate collaboration, and inspire innovation.
[It can be seen that RSS3 has always kept up with the market and even led the technical updates and expansions in the field of AI, collaborating with world-class technology companies such as ChatGPT, OpenAI, and Google Cloud, and introducing TEE technology as well as building the ultimate AI data framework to serve DeSci innovation. It can be said that RSS3 has always been at the forefront of the AI wave!]
So, is the value of this powerful AI engine currently underestimated?
According to the token information on Coinmarketcap, RSS3 has already been listed on trading platforms such as OKX, Bybit, Bitget, HTX, MEXC, Gate, and the Korean exchange Bithumb, and there are rumors that it may also be listed on the Coinbase exchange!
The current price of RSS3 is $0.14, with a total market cap of $140 million and a circulating market cap of only $95 million.
In summary, as an AI engine project that has weathered both bull and bear markets, RSS3 has been listed on most mainstream trading platforms and received investments from top-tier institutions like Coinbase and DWF. In the wave of AI's continuous development, it has always adhered to the principles of technological innovation and user-centricity, constantly updating its technology to cater to market demands, and has also sought cooperation and support from more top companies like OpenAI. It is precisely because of this "low-key" approach that the market has overlooked its true value. With a market cap of less than $100 million, compared to most AI projects that only have a concept or are empty shells but have market caps in the tens of billions, whether it is undervalued is worth our consideration.
This article is from a contributor and does not represent the views of BlockBeats.
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