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Kelp DAO (KEP) launches the Mega Million Marathon
Users need to restake ETH in Kelp to get rewards in USDC, OP, ARB, or SD with additional EL points. All the rewards come backed with regular Kelp Miles and EigenLayer Points. Kelp DAO is a liquid restaking solution enhancing liquidity for restaked assets.
👉 x.com/KelpDAO/status/1788063897045676317
Basketballverse has launched a BVR Token Swish Hub
Swish Hub is a GameFi x SocialFi campaign that prioritizes authenticity, engagement, and legitimate community building with a 750,000 BVR (0.75% of supply) in rewards. Basketballverse is the blockchain-based global hub for basketball fans.
👉 medium.com/@basketballverse/introducing-the-bvr-token-swish-hub-d1b46303bffa
KIP Protocol (KIP) announced its upcoming Checker Nodes Sale
Community whitelist registration is now open via Google Form. There will be a total of 50,000 nodes sold through 33 tiers. Node operators will be compensated with KIP tokens for contributions. KIP Protocol is an open-source Web3 framework for AI applications.
👉 twitter.com/KIPprotocol/status/1787869707426816348
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.41T (-2.49%)
BTC Price: $62,188 (-2.33%)
BTC Dominance: 50.9% (+0.20%)
Fear & Greed Index: 64 (Greed)
Total Value Locked: $145B (-2.69%)
Lava Network raised $11M in its new funding round
Investors included Animoca Brands, Gate Ventures, CoinGecko Ventures, Sandeep Nailwal, Ash Crypto, and CryptoLark, among other investors. Lava is a modular blockchain network focused on providing data access through remote procedure calls.
👉 theblock.co/post/292935/lava-foundation-token-funding-round-airdrop
Web Traffic Spotlight in April: Centralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Marlin (POND) announced a partnership with NuLink (NLK)
Projects are uniting to set new standards in decentralized computing, powering AI & automation. Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web3.
👉 twitter.com/MarlinProtocol/status/1787429423085441338
YOUR AI (YOURAI) has joined the Google for Startups Program
As part of this collaboration, YOUR AI will receive exclusive benefits from Google including Cloud Credits, engineers & developers support, specialized AI tools, and more. YOUR AI Protocol is the AI-driven content layer for e-commerce built on Bitcoin and Solana. \
👉 x.com/yourtokens/status/1787789256498270697
Top-15 Artificial Intelligence (AI) Coins by Market Capitalization
These digital assets are in the front row of revolutionizing the crypto market by ushering in an era where transactions aren't just secure but smart, thanks to AI-driven smart contracts.
CARV (CARV) will hold a Node Sale on Impossible Finance
Node sale for whitelists will start on May 13, while for public – on May 15. Users need to stake IDIA to join the whitelist. Total number of nodes for sale is 100,000. CARV is building the modular data layer for gaming and AI.
👉 blog.impossible.finance/introducing-the-carv-node-sale/
AutoLayer (LAY3R) integrates with Kelp DAO on Arbitrum
Through this integration, AutoLayer provides its users with access to two different products linked to Kelp DAO, including restaked rsETH and DeFi strategies. AutoLayer is the premier LRTfi hub on Arbitrum.
👉 twitter.com/AutoLayer/status/1787487883189698810
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.49T (-0.91%)
BTC Price: $64,225 (-1.68%)
BTC Dominance: 50.7% (+0.20%)
Fear & Greed Index: 68 (Greed)
Total Value Locked: $149B (-2.62%)
The biggest Fundraising Rounds conducted in the last 7 Days
Projects that received the most funding are Securitize ($47M), an RWA tokenization company, Kiosk ($10M), a Web3 publishing platform, and Backed ($9.5M), a tokenized asset issuer.
Ringfence (RFAI) has announced the launch of the Ringfence Foundation
The Ringfence Foundation will work towards a more decentralized AI ecosystem powered by RFAI governance token with rewards to node runners and data providers. Ringfence is a platform merging AI and Web3 to serve the creator economy.
👉 x.com/RingfenceAI/status/1786418153913823251
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Top-15 Projects by Daily Active Addresses (DAA) growth in the last 30 days
Daily Active Addresses is the number of distinct addresses that participated in a transfer for the given asset on any given day. Each address is counted only once for the day.
Itheum (ITHEUM) partners with Arcana Network (XAR)
Through this collab, Itheum will leverage Arcana’s Auth SDK to bolster the implementation and enhancement of its Omni-chain data brokerage protocol. Itheum is the decentralized data brokerage platform reshaping the landscape of data ownership.
👉 itheum.medium.com/accelerating-omni-chain-data-brokerage-innovation-itheum-and-arcana-forge-strategic-partnership-05fbd14bb917
Ponder (PNDR) announced an integration with Swing (SWING)
This integration brings more reliable routes for swapping and bridging within Ponder. Projects also plan to collaborate on later phases for PNDR token staking, Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations.
👉 x.com/Ponder_One/status/1787887662453424215
Ethernity (ERN) has unveiled its Ethereum L2 with enhanced AI-driven security
Ethernity L2 brings Plug & Play Toolkit for brands to build next-gen Web3 apps on the Ethernity Chain spanning Web3 games, digital collectibles, RWAs, etc. The Ethernity Ecosystem will continue to be powered by the ERN for all future projects on the Ethernity L2.
👉 x.com/EthernityChain/status/1787846808187875595
Revolut launches its crypto exchange, dubbed Revolut X
Users can trade 100+ tokens with the market and limit orders from the desktop app, switching from fiat to crypto and back between Revolut X and Revolut accounts. Previously, Revolut launched Revolut Ramp, enabling crypto purchases directly into MetaMask.
👉 revolut.com/blog/post/revolut-x-launch
Botanix Labs has raised $8.5 million in the Seed funding round
Among investors are Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE. Following the $3M pre-seed round, the raise brings Botanix Labs’ funding to $11.5M. Botanix builds the Spiderchain – a Bitcoin-native L2 with full EVM equivalence.
👉 theblock.co/post/292873/botanix-labs-raise-bitcoin-defi
Galaxis raises $10M ahead of its token launch on Bybit
Fundraising participants for "post-hype NFT utility platform" included Chainlink, Ethereum Name Services (ENS), Taisu Ventures and Rarestone Capital. The platform helps creators and brands introduce collections of NFTs.
👉 coindesk.com/policy/2024/05/07/galaxis-raises-10m-doubling-down-on-belief-that-nfts-will-provide-real-value-everywhere
Tabi (TABI) has unveiled the Airdrop Season 1 campaign
Season 1 will share 800M TABI with Voyager event participants, GG holders, Captain Node holders, Public Sale participants, Testnet contributors, and Ecosystem builders. Tabi is the modular Cosmos gaming Layer1 with any-VM compatibility.
👉 x.com/Tabichain/status/1787516082368221506
LayerZero (ZRO) partners with Nansen and Chaos Labs
Projects will jointly conduct a sybil detection report considering every user’s total transactions weighted with the goal of aligning TGE with devs and durable users. Previously, LayerZero teased a ZRO token launch in the first half of 2024.
👉 x.com/LayerZero_Labs/status/1787608904177746004
BounceBit (BB) to launch its Mainnet on May 13th
Following the Mainnet launch, BounceBit will distribute BB points airdrop and finish LCTs distribution for Early Access users on BounceBit Chain, BNB Smart Chain, and Ethereum. Premium Yield Generation will be paused until Mainnet.
👉 medium.com/@bouncebit/bouncebit-mainnet-timeline-3c0cab355878
Ponder (PNDR) has announced a partnership with Cookie3
The partnership with Cookie3 follows a partnership with Hybrid. Previously, Ponder also announced integrations with Celer, QuickSwap, and Avalanche. Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations.
👉 https://x.com/Ponder_One/status/1787487036842164669
Crypto Events Recap, May 4-6
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-may-4-6-2024
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are H2O DAO, a decentralized traffic distribution platform, PONKE, a Solana-based meme token, and MATH, a universal multi-chain crypto wallet.
AutoLayer (LAY3R) launches the first DeFi strategies built on Camelot and Gamma
Users can now use the Gamma and Camelot boosted rsETH/ETH strategy with EigenLayer Points, Kelp Miles, AutoLayer Points, and GRAIL/esGRAIL emissions. AutoLayer is the premier LRTfi hub on Arbitrum.
👉 x.com/AutoLayer/status/1786703477323821240
Puffer Finance announced its Mainnet launch on May 8th
Puffer Finance is a native liquid restaking protocol built on EigenLayer offering a set of unique features with a focus on stake pools and anti-slashing technology. Previously, it raised $24.27M in funding backed by Lemniscap, Faction, Animoca Brands.
👉 twitter.com/puffer_finance/status/1787316108397367655
