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Guys, if you’re feeling optimistic about Solana, it might be a good idea to pre-order one of their Play Solana devices.

I pre-ordered one a month ago, and they just announced potential future airdrops. Basically, you’re getting devices for free in exchange for upcoming airdrops.

NFA + DYOR

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Eli5DeFi NewsHub

https://x.com/TheBlock__/status/1851318880892780641?t=d_pS9WnlihVcjbgHljX7BQ&s=09

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Eli5DeFi NewsHub

https://x.com/basedkarbon/status/1851291307647311897?t=Q1uQPB5x8F8RK7h0A3hzjw&s=09

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Eli5DeFi NewsHub

mETH Protocol: $COOK Token Claims Now Live & Listed on Major Exchanges

Mantle's mETH Protocol announces the launch of $COOK token claims, rewarding users with over $1.25 billion TVL and offering various claiming methods depending on prior participation in campaigns and staking activities

> $COOK total supply is 5,000,000,000, with 916,000,000 initially circulating

> $COOK will be listed on Bybit, MEXC, Gate.io (GT holders only), and Bitrue

> On-chain liquidity will be seeded on native DEXs

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Eli5DeFi NewsHub

UniFi - Atomic Composability with Multiprover TEEs

https://x.com/eli5_defi/status/1851194779872469215?t=1xM3Ss5w6yXmPbiukd3x-Q&s=19

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Eli5DeFi NewsHub

Raydium: Fueling Solana's DeFi Dominance

Raydium is a leading Automated Market Maker (AMM) on the Solana blockchain, which has surged in popularity alongside significant interest in memecoins

> Launched in 2021, Raydium was the first AMM on Solana and offers:
- Standard AMM Pools
- Constant Product Swap Pools
- Concentrated Liquidity Pools

> Fee Structure varies by pool type, with standard fees around 0.25%

> Raydium captures 60.7% of Solana's DEX volume, significantly outpacing competitors like Orca

> Works closely with PumpFun, a memecoin launchpad, which boosts Raydium’s liquidity when new tokens launch

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Eli5DeFi NewsHub

Imagine if he hacked by ToT 😹

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Eli5DeFi NewsHub

> Why Vultisigs?

https://x.com/eli5_defi/status/1851126842696351989

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Eli5DeFi NewsHub

> dYdX - Make Your Portfolio Great Again with TRUMPWIN Perp

https://x.com/eli5_defi/status/1850915534268981745

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Eli5DeFi NewsHub

Alchemy Chain: A High-Scalability Layer-1 Blockchain for Payments

Alchemy Pay announced the launch plan for Alchemy Chain, a scalable Layer-1 blockchain designed to revolutionize crypto and fiat payment integration, offering high scalability, enhanced security, and developer-friendly tools

> Frictionless payment system uniting fiat and cryptocurrencies
> High-scalability adopts SVM
> Innovative Trusted PoA security
> $ACH & fiat supported for gas fees
> On-chain earnings to fiat
> Meme Launchpad & Telegram bot

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Eli5DeFi NewsHub

> Near x Dune: Casual Bullish Metrics

https://x.com/eli5_defi/status/1850825089870381132?t=_rTwOj5GODAgLRcrPri-yQ&s=19

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Eli5DeFi NewsHub

While searching some serious meme, I stumbled upon a meme with real world utility:

▶️ An extension of Australia's First Crypto Diner, @shiba_wings
▶️ Partnering with @MrBeastBurger from @MrBeast
▶️ 5% of restaurant transactions go to the $WING token
▶️ @iamscottpage as co-founder
▶️ Launching on October 29, 2024 on $ETH Mainnet

As always, please DYOR and NFA 🫡

More details:

▶️ x.com/tokenshibawing
▶️ www.shibawing.com
▶️ t.me/ShibaWingPortal

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Eli5DeFi NewsHub

Codatta Genesis Pass: A New Era of NFT Utility

Codatta is launching a free-to-mint, limited-edition Soulbound Token (SBT) called the Codatta Genesis Pass, rewarding early platform contributors with exclusive benefits and long-term value within its growing AI data ecosystem

> The SBT is non-transferable, binding it to the user's identity and reflecting their contributions

> Users earn the pass by completing tasks and accumulating 800 points

> The first 1000 Genesis Passes will launch on October 28th, 10:00 AM UTC

> The Genesis Pass offers future benefits like airdrops, dividends, and potential governance rights

> Codatta will issue commemorative NFTs for contributions to different frontiers

> The Codatta platform connects AI developers with data creators to co-train AGI

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Eli5DeFi NewsHub

https://x.com/a16zcrypto/status/1850676308897853626?t=LCS4P5dm4V2qEmVC7Hmliw&s=09

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Eli5DeFi NewsHub

Eli5DeFi News Recap

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Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Solana - Surges Ahead: Tops Ethereum in Weekly Fees with $25.73M
> Daos Fun - Lists Numerous Solana-based DAOs with Diverse Investment Strategies:  Ranging from AI-focused Investments to Meme Coin Speculation

————

⭐️ELI5 THREAD ⭐️

> Eli5DeFi - Weekly Project Spotlight Week 44/2024
> Sonic - Everything You Should Know + Complete Ecosystem So Far
> Eli5DeFi - Bullish on Chain Abstraction
> WeatherXM - Decentralized Weather Economy
> BOB - Hybrid L2
> 0G Labs - Decentralized AI OS

————

⭐️ NEWS ⭐️

> $Ban Memecoin - Insider Trading Allegations Against Michael Bouhanna
> Circle - IPO Push: USDC Growth Fuels Confidence Despite Regulatory Uncertainty
> Apple - Integrates Machine Learning and Homomorphic Encryptio: Enhancing User Privacy

———

⭐️ BOOKMARKED

> Marc AIndreessen - The ai16z DAO:  Harnessing AI and Blockchain for a Trustless Economy
> Pods media - Ditching AWS: How Versatus Builds a Secure, Scalable Crypto Cloud
> Andy - Vitalik Buterin's Top Ranking in Crypto KOL Mindshare: Wartime Mode and Community Reaction
> dankvr - ai16z and degenai: Unpacking the Connection Between a Venture Fund and its Tokenized Agent
> Vitalik - Ethereum Foundation's ETH Strategy: Avoiding Hard Fork Conflicts
> Poopman - Usual Tokenomics: A Critical Analysis of an RWA Stablecoin
> Hivemind - The AI Memecoin Revolution: GOAT, Solana's Dominance, and Stripe's Big Move
> jpn memelord - Solana's DeFi Rise: A Challenge to Ethereum's Dominance?
> CroissantEth - Insane Crypto Trades: A Look at Million-Dollar Gains
> Onchain Outpost - AI Agent Revolution: Memecoins, Open Source, and Market Shifts
> Artemis Weekly Wrap-Up - Solana Dominates as AI and Crypto Converge
> mirror.xyz - The Tale of Monad: A Pepe Wizard's Blockchain Revolution

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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Eli5DeFi NewsHub

Concrete Acquires Jet Protocol: Expanding Solana DeFi

Concrete has acquired Jet Protocol, a Solana-based money market, to expand its DeFi offerings and build a full-stack product suite across multiple chains

> The new integrated protocol will offer features such as composable margin accounts and automated yield recipes

> The acquisition will create a full-stack DeFi solution for debt and credit across multiple chains

> Key Jet contributors have joined Concrete's team

> A central liquidity hub for restaked assets will be implemented

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Eli5DeFi NewsHub

https://x.com/hananotsorry/status/1851256716626968579?t=j5wg6GZj_hn_-XrZ6u_RyQ&s=09

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Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Bitcoin - Hits $69K Again Amidst Tight US Election Race
> Dogecoin Futures - Surge to Near Record Highs on Trump-Musk "D.O.G.E." Speculation
> Ethereum - Lags Behind Bitcoin's Rise: Why is Ether Down 7%?
> Crypto.com - Surpassed Coinbase as the Leading Cryptocurrency Exchange in North America in September 2024

————

⭐️ELI5 THREAD ⭐️

> UniFi - Atomic Composability with Multiprover TEEs
> Near x Dune - Casual Bullish Metrics
> dYdX - Make Your Portfolio Great Again with TRUMPWIN Perp
> Vult - Why Vultisigs?

————

⭐️ NEWS ⭐️

> MicroStrategy - Leveraged Bitcoin Strategy Outpaces BTC in 2024
> Native x Nexus Mutual - Partnership to Revolutionize Crypto Insurance
> ETF - Sees $479 Million in Net Inflows Yesterday, Highest in Two Weeks
> Hong Kong - Considers Tax Breaks for Virtual Assets and Regulatory Updates
> Bithumb - Adds CARV and OMNI to KRW Market
> Andy Ayrey's X Account - Compromised: $600,000 Lost in Memecoin Scheme
> The MAG-7 - Gear Up for a Market Breakout
> Cardano's Charles Hoskinson - Announces Cardano L1 is Pivoting to Bitcoin L2
> Ethereum - Infrastructure Woes Drive Users to Layer 2s and Solana
> Bitget - Hires Former Binance Executive to Drive Latin American Growth
> Bitcoin Miner Stocks - Surge on AI Hype and Rising Bitcoin Prices
> Crypto Lobbying Groups - Back Lawsuit Challenging SEC's Airdrop Regulation
> Luce - Vatican's New Mascot to Light Up the 2025 Jubilee
> Ourbit - Hosts Haunted Trades Halloween Event: Win 2,000 USDT & Spooky Blankets!
> Circle x HKT - Explore Web3 Customer Loyalty Solutions in Hong Kong
> Animoca Brands - Defies Hong Kong Trend: Web3 Expansion Amidst TradFi Contraction
> Silo Finance - Embraces Community: Revenue Sharing and Protocol Upgrades
> Beyond the Peg - Innovation and Challenges in Modern Stablecoin Ecosystems
> Semantic Layer - The Engine of Autonomous Capitalism
> mETH Protocol - $COOK Token Claims Now Live & Listed on Major Exchanges
> Nia Johnson -  Launches Party Ventures: A New Investment DAO for Next-Gen Media Startups
> Royal Government of Bhutan - Significant Bitcoin Deposit into Binance: $66M Added to $886M Holdings

———

⭐️ BOOKMARKED

> Ryan Lee - Bitcoin Price Prediction: Pre-Election Surge or Post-Election Sell-Off?
> Unchained Crypto - How the 2024 US Election Could Reshape Crypto Legislation
> The Scoop - Uptober's Legacy: Wall Street Embraces Crypto's Culture and Principles
> intuitio - The Crypto Blueprint: A Contrarian's Guide to Market Cycles
> DefiIgnas - Top DeFi Research Tools in 2024: A User's Guide and New Tool Suggestions
> Gillian Lynch - UK Crypto Regulation: A Year-Long Wait and Why It Might Be a Good Thing
> Liam Kelly - $26 Million Bet Exposes Polymarket's Liquidity Crisis and Prediction Failures
> Andy - Initia's Bullish Outlook: Easy Onboarding and Accelerated User Growth
> Andy - The Positive-Sum Future of Ethereum Layer-2s: From Competition to Collaboration
> Pickle_cRypto - Crypto's Meme-Fueled Frenzy: When Utility Fails, Hype Prevails
> Arthur Hayes - China's Monetary Chemo and Bitcoin's Soar: A Contrarian View
> Kaizen - Farming Fun First: How Farm Frens is Redefining Blockchain Games
> Sebastien - On Blocmates: Building the Future of Consumer Crypto
> Camila Russo - Ethereum L2s: A Painful User Experience?
> The Kimchi Premium - Samsung's Decline: Internal Rot and the Struggle for AI Supremacy
> ramonmarc.eth - The Internet's Silent Takeover: How Agents Are Reshaping Our Digital World

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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Eli5DeFi NewsHub

https://x.com/the_smart_ape/status/1851210358490611773?t=n66kAja4hIUEE9xJ0iNKzw&s=09

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Eli5DeFi NewsHub

This is a gentle reminder regarding the 0G node sales.

I will be accepting entries for 10 wallets that will be randomly whitelisted until November 3rd. :)

If you're interested, just drop your addy on the post above.

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Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Bitcoin - Hits Three-Month High, Dogecoin Soars on Trump Rally Buzz
> Raydium - A Deep Dive into Solana's Leading DEX
> SOL - Gains 5.4%, Leading Index Higher from Friday

————

⭐️ELI5 THREAD ⭐️

> Near x Dune - Casual Bullish Metrics
> dYdX - Make Your Portfolio Great Again with TRUMPWIN Perp
> Vult - Why Vultisigs?
> Sonic - Everything You Should Know + Complete Ecosystem So Far

————

⭐️ NEWS ⭐️

> FTX - Received a $228 Million Settlement from Bybit, Including $175 Million in Assets and $53 Million for BIT Tokens
> Paolo Ardoino - Defends Stablecoin, Claims Cooperation with US Authorities
> Hong Kong SFC - Forms Consultative Panel to Shape Crypto Roadmap
> DeFi Fees - Hit a 2024 Low of $218M in Sept, Down from $486M in March
> Phantom Wallet - Downtime Impacts GRASS Airdrop
> ai16z - An Autonomous Investment DAO on daos.fun
> Jito - Jito (Re)Staking Phase 1 Launches October 30th
> Inco Network x Circle Research - Launch Confidential ERC-20 Framework
> Galaxy Research - Election Betting Odds & Social Media Reactions: October 28, 2024
> The Grass Airdrop - Distributed 100 million GRASS tokens, Representing 10% of the Total Supply
> The Crypto-Memetic Flywheel - A Framework for Understanding Cultural Transformation
> 0xai.dev/virtuals-protocol-luna-55b661df601e">Luna - The AI Meme Token That Hit $180M
> World Liberty Financial - Plans to Launch an Ethereum-based Stablecoin
> Emory University - $15M+ Investment in Grayscale Bitcoin Trust
> Kalshi - Partners with Stork Labs to Bring Prediction Market Data to Blockchain
> Astria - Launches Mainnet Alpha: Decentralizing Blockchain Sequencing
> Robinhood - Launches Presidential Election Contracts to Customers
> Nillion's Blind Compute - Revolutionizing Data Privacy and Unlocking New Realms of Innovation
> Zero1 Labs - Developes $DEAI: Positive Momentum Despite Recent Price Retracement
> NFTs - Beyond Speculation: Real-World Applications Flourish

———

⭐️ BOOKMARKED

> Bagel - The Three Pillars of AI Reasoning: Arithmetic, Common Sense, and Symbolic
> Decentralised.Co - Async Execution: Web3's JavaScript Moment
> Michael Selig - A Hard Fork in Crypto Regulation: Addressing Key Pain Points
> Coindesk - Arctic Bitcoin Mine to Heat Fishing Village: A Sustainable Solution?
> Inspector Defi - Bullish on $NMT: Narrative, TA, and Fundamentals Suggest Strong Potential
> Karon - 190+ Movement Labs Ecosystem Projects: A Comprehensive Overview
> visualizevalue - Unlocking Serendipity: Passion, Communication, and Career Success
> snoopieeeee - Conquering Trading Psychology: Lessons from a Meme-Season Struggle
> Quinn Thompson - Ondo Protocol ($ONDO): Overvalued and Facing Impending Collapse?
> nicochristie - Project Sid Token: A Decentralized Community's Unexpected Success and the Creator's Cautious Response
> dpycm/the-utility-olympics-a456685963aa">dpycm.eth - The Utility Olympics: How AI Memes are Evolving Beyond Price Speculation
> aaronjmars - My Memecoin Launch: Lessons Learned in the Wild West of Crypto
> EigenLayer Unlocked - How To Think About Restaking Economics with Tarun Chitra
> Blockworks - Crypto Gaming: On the Cusp of Fresh Growth

————

⭐️ FUNDING⭐️

> Gelato - Raises $11 Million
> Hana Network - $4 Million Builder Round

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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Eli5DeFi NewsHub

Andy's twitter account is hacked please stay away

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Eli5DeFi NewsHub

https://x.com/whodoneit21/status/1850902937825857696?t=utXEnT3PYOOTvaFG0TCgew&s=09

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Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Digital Asset Inflows - Totaled US$901 Million Last Week, Hit $27 Billion Year-to-Date, Fueled by US Politics
> blocmates - Daos.fun and the Rise of AI-Powered Hedge Fund DAOs

————

⭐️ELI5 THREAD ⭐️

> Near x Dune - Casual Bullish Metrics
> Eli5DeFi - Weekly Project Spotlight Week 44/2024
> Sonic - Everything You Should Know + Complete Ecosystem So Far

————

⭐️ NEWS ⭐️

> Bolivia - USDT Integration: A Stablecoin Solution for Dollar Scarcity
> BIS x Central Bank - Partners Demonstrate Automated Compliance with Project Mandala
> HKEX - Launches Virtual Asset Index: Provide Real-Time Benchmark for Bitcoin and Ethereum in Asia
> RD InnoTech x HashKey Exchange - Launch HKDR Stablecoin: Targeting Cross-Border Payments
> MomoX - A New Web3 Game on Solana Seeker
> Project Sid - Simulating 1000+ Autonomous Agents with Emergent Behaviors
> Gauntlet - Launches hJLP on Solana: High-Yield USDC Strategy
> Virtuals Protocol - Deep Dive into $VIRTUAL Token Distribution and the AI Agent Ecosystem
> Avalanche - Q3 2024 Progress: L1 Expansion, Key Partnerships, and On-Chain Performance
> Metaplanet - Surpasses 1,000 Bitcoin Holdings with Latest $10 Million Investment
> Infinex - Announces Official NFT Collection Launch on Major Marketplaces: Collection Available on OpenSea, Magic Eden, and Blur
> Solana - Hits Record High in Weekly Economic Activity
> Aptos - Welcomes USDT: Fastest, Cheapest Stablecoin Integration Announced

———

⭐️ BOOKMARKED

> Wolfgang Munchau - Betting Markets and Wishful Thinking: Why Political Predictions Fail
> DefiSquared - Neiro: The Undervalued Doge 2.0? A Bullish Investment Case
> howdymerry - From Crypto Magic to Cold Reality: A Developer's Disenchantment
> AikoDai - MyShell Featured in Delphi Digital's DeAI Series: A Comprehensive Look at the Future of AI
> Elon Musk - Trump's Lead 69.420%, Polling Numbers, and Political Memes
> Hemant Mohapatra - The Future of Data Center Design in the Age of AI: Power, Efficiency, and Hyperscalers
> Chris Burniske - Stablecoin Adoption 100x Growth in 5 Years: The Case for Stablecoins in Crypto
> a16zcrypto - Marc Andreessen and Ben Horowitz Discuss the Future of AI, Crypto, and Memecoins: An Unexpected Intersection
> game_for_one - 10 Common Mistakes in On-Chain Meta Trading
> Coindesk - Maelstrom's Election Hedge: A Crypto CIO's Take on US Vote Uncertainty
> Steno Research - MicroStrategy's Bitcoin Premium: Unsustainable at 300%
> Lookonchain - Major EIGEN Purchase Amidst Price Drop and Executive Resignation Sparks Community Concerns

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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Eli5DeFi NewsHub

$VIRTUAL Tokenomics and OTC Deal Transparency

$VIRTUAL is a cryptocurrency powering AI agents in gaming and entertainment, with its distribution detailed across various wallets, including OTC deals. The project aims for co-ownership of AI agents

> Distributed across numerous wallets, with significant holdings in Foundation and $VIRTUAL Tokens on BASE (around 42%)

> A substantial portion of tokens were allocated via OTC (Over-The-Counter) deals to strategic investors, advisors, and key opinion leaders

> These AI agents are designed to be autonomous, multimodal (text, speech, 3D animation), and interactive within various environments

> The project envisions AI agents as revenue-generating assets of the future, increasing ARPU (Average Revenue Per User)

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Eli5DeFi NewsHub

MomoX: A New Web3 Game Launches on Solana Seeker

MomoAI unveiled MomoX, a Web3 game built on Solana Seeker, designed for mobile users and offering unique rewards, at the Solana Hacker House Demo Day in Hong Kong

> MomoX is designed for mobile users, focusing on convenience and engaging gameplay

> The game boasts unique rewards and a distinct game version for mobile players

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Eli5DeFi NewsHub

Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> ai16z - Reaches Near $100 Million Market Cap After Andreessen Shoutout
> FTX - Secures $228M Settlement with Bybit, Accelerating Customer Refunds

————

⭐️ELI5 THREAD ⭐️

> Eli5DeFi - Weekly Project Spotlight Week 44/2024
> Sonic - Everything You Should Know + Complete Ecosystem So Far
> Eli5DeFi - Bullish on Chain Abstraction
> WeatherXM - Decentralized Weather Economy
> BOB - Hybrid L2
> 0G Labs - Decentralized AI OS

————

⭐️ NEWS ⭐️

> Hong Kong Government - Plans to Introduce a Virtual Asset Custody and Licensing System Next Year
> Base - Surpasses Ethereum in Daily Stablecoin Volume: A First for Coinbase's Layer 2
> Whale Alert - 16 Million USDT Frozen: Reactions and Analysis
> Ethena - ENA Token Allocation Raises Ethical Concerns: A Timeline of Events
> GammaSwap - Straddle Strategy Guide: Hedging Impermanent Loss in Uniswap V2 & V3
> Codatta Genesis Pass - A New Era of NFT Utility
> $GNON - Investment Losses: A Cautionary Tale for Crypto Investors

———

⭐️ BOOKMARKED

> Paolo Ardoino - Tether Unveils Privacy-Focused, Peer-to-Peer AI Development Kit
> a16z Crypto - Podcast Featuring Marc Andreessen and Ben Horowitz: AI Bots, Memecoins, and Postmodern Theory
> Cathie Wood - Bitcoin Confidence Soars Amidst Global Economic Uncertainty
> Good Game - Podcast EP 63: How an AI Became a Crypto Millionaire
> Zaddycoin - Analysis of Moonshot Trading App: Referral Program and Market Impact
> Varun - Apple's Cryptographic Leap: The HTTPS Moment for AI?
> Ryan Park - The Onchain Worm: Digital Immortality and Blockchain Applications
> wassielawyer - Web3 Foundations: A Lawyer's Demystification of Offshore Token Issuance
> KyleSamani - War Mode in Business: Layoffs, Restructuring, and the Future
> nic carter - Is the SEC's Regulatory Stance the Key to Memecoin's Fate?
> Andrew Kang - Rethinking Tokenomics: Why 65-75%+ Circulating Supply is the New Standard
> Meltem Demirors - The $10 Trillion Opportunity: Software and Services Transforming Physical Infrastructure
> EigenLayer Unlocked Podcast - Movement Labs' All-In Bet on MoveVM
> WestieCapital - Memecoins: A Reaction to Regulatory Failure or Market Inefficiency?
> Imran Khan - From Infrastructure to Experience: The Shifting Sands of Crypto Development
> Beeple - NFT Rollercoaster: From $69 Million Sale to a Fractured Market
> 0xgodking - AVSs, LSDs, and Restaking
> Jim - Crypto Twitter vs. AI Twitter: A Stark Contrast
> Morgan Stanley - Warns of Market Shifts Due to 2024 US Election
> ecrivaine_k - Cryptocurrency Scam Targeting High-Value Projects: Uses Fake Meeting Links to Steal Accounts

————

⭐️ FUNDING⭐️

> Los Coin - Raises $2 Million in Series A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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Eli5DeFi NewsHub

Leveling Up: LOS Coin Secures $2 Million to Transform Web3 Gaming!

LOSCoin secured $2 million in funding, led by Solana Foundation and including CMS Holdings, Impossible Finance, Yield Guild Games, and Monad

> The funding aims to build a more powerful and interactive Web3 gaming social ecosystem

> CEO of AI.mint, Keone Ho also supported the funding round

Onward to a stronger Web3 gaming ecosystem!

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Eli5DeFi NewsHub

ai16z: AI-Powered VC Fund Soars and Spins

The AI-driven venture capital fund ai16z skyrocketed to nearly $100 million in market cap, fueled by a shoutout from investor Marc Andreessen

> Fund decisions rely on recommendations from DAO members, weighted by their token holdings and previous success

> Built on the Daos.fun platform, investors can trade tokens linked to the fund's performance

The fund’s AI, designed to emulate Andreessen's investment approach, evaluates members’ advice through a "virtual Marcetplace of trust," It aims to minimize human intervention in trading

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Eli5DeFi NewsHub

https://x.com/Nomad02887202/status/1850545195630407892?t=K3yYSUtmv0d8Xnbfgj4Y1Q&s=09

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