1.Bankless: Does Bittensor, the top AI project in crypto, really work?
AI x cryptocurrency is what people are talking about. It’s one of the hottest investment themes in this bull run.
Bittensor (TAO) is one of the leading projects in AI, both in terms of market cap and mindshare. But lately, there’s been some buzz on crypto Twitter about its usefulness, with some even calling it “steamware” and a pointless exercise in decentralization.
But hey, there are always two sides to every coin. While critics have been skeptical of Bittensor and its design, we’re focusing on the bright side today. Click to read
2.Bankless: Is Layer 3 the future? What are the use cases worth paying attention to?
After the Ethereum Dencun upgrade, most L2 fees have dropped and everyone is thinking about what will happen next.
The scaling conversation has now quickly turned to the potential next step - Layer 3. Also known as application chains, L3s provide environments tailored for specific communities and use cases, such as enterprise blockchain applications or games.
Also, while Dencun has generally reduced fees, we have not yet fully overcome this challenge, and gas prices on popular L2s like Base remain an eyesore for many - although we are making progress. Click to read
3. Coingecko: Which track's crypto narrative will dominate in the first quarter of 2024
Memecoin is the most profitable cryptocurrency so far in the first quarter of 2024, with the highest average return of its top tokens at 1312.6%. Of the 10 largest memecoins by market cap at the end of the quarter, three were new tokens that launched only around March: Brett (BRETT), BOOK OF MEME (BOME), and cat in a dogs world (MEW). BRETT had the highest return of 7,727.6% by the end of Q1 compared to its offering price, followed by Dogwifhat (WIF), which had a quarter-to-date (QTD) return of 2,721.2% after going viral and sparking the current memecoin craze. Click to read
4. Is the Metaverse dead? Public services and industrial applications set off a new wave
Once hailed as the next frontier of human interaction, the Metaverse seems to have lost momentum after the initial burst of enthusiasm.
Vague promises, unclear financial benefits and expensive hardware have hindered its mass adoption. But in Germany, a second wave of interest is brewing. State governments and research institutions see the potential of Metaverse technology to revolutionize entertainment, social interaction, public administration and industrial processes.
The Metaverse is an emerging virtual space built on blockchain, virtual reality (VR), augmented reality (AR), Internet of Things (IoT), artificial intelligence (AI), big data, spatial computing and digital twin technologies. It promises to create a new era of connectivity and innovation in many fields, bridging the gap between the physical and digital realms. Click to read
5. What does Ripple's stablecoin mean for XRP?
Ripple pronounces XRP dead. Well, to be fair, it’s accurate to say that Ripple CEO Brad Garlinghouse said exactly the opposite when he announced that the Silicon Valley crypto mainstay would launch a dollar-pegged stablecoin later this year. But in the long run, XRP’s usefulness is waning. Click to read