3 hours ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
11 hours ago
BTC situation in the coming days
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
12 hours ago
Grass Network the data layer of AI on solana has open-sourced 600 million top Reddit posts and comments from 2024. This release aims to make AI training more accessible for developers.
13 hours ago
Resilient venture capital investments despite the bear market
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
22 hours ago
ORIGIN TRAIL
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
22 hours ago
Compute Labs, the developer of a Solana-based GPU tokenization protocol, has raised $3 million in a pre-seed funding round.
Protocol Labs, the company behind the decentralized file storage network Filecoin, led the funding round.
Other investors includes;
Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures.
They were also Angel investors, including Sandeep Nailwal of Polygon, Illia Polosukhin of NEAR Protocol and Austin Federa of Solana Foundation.
Compute Labs began raising funds for the pre-seed round in March when it was founded and closed the round in April. The round was structured as a simple agreement for future tokens (SAFT) but it brought Compute Labs' fully diluted token valuation to $30 million.
What is Compute Labs?
Compute Labs is building a real-world asset (RWA) tokenization protocol focused on compute as its underlying asset. Compute refers to the processing power of CPUs and GPUs, essential for tasks such as data processing and running software.
Protocol Labs, the company behind the decentralized file storage network Filecoin, led the funding round.
Other investors includes;
Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures.
They were also Angel investors, including Sandeep Nailwal of Polygon, Illia Polosukhin of NEAR Protocol and Austin Federa of Solana Foundation.
Compute Labs began raising funds for the pre-seed round in March when it was founded and closed the round in April. The round was structured as a simple agreement for future tokens (SAFT) but it brought Compute Labs' fully diluted token valuation to $30 million.
What is Compute Labs?
Compute Labs is building a real-world asset (RWA) tokenization protocol focused on compute as its underlying asset. Compute refers to the processing power of CPUs and GPUs, essential for tasks such as data processing and running software.
24 hours ago
What is magicblock?
It's a taste of what's to come in the Solana gaming scene 🎮
A beginner's guide to the Onchain Game Engine 👇
Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.
To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.
MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.
I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.
What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.
Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.
The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.
What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.
MagicBlock’s Other Main Features
⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.
🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.
🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.
MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.
What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?
2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?
3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?
4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?
5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?
The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!
Written by WPeaster
It's a taste of what's to come in the Solana gaming scene 🎮
A beginner's guide to the Onchain Game Engine 👇
Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.
To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.
MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.
I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.
What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.
Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.
The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.
What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.
MagicBlock’s Other Main Features
⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.
🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.
🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.
MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.
What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?
2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?
3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?
4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?
5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?
The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!
Written by WPeaster
1 day ago
1 day ago
🤝 Fidelity International and Sygnum partner with Chainlink to provide onchain data for Fidelity International.
“Fund tokenization is probably the biggest digital asset trend happening today, and it’s a big confirmation that global asset management companies are entering this growing market”
says Sergey Nazarov, Co-founder of Chainlink.
https://x.com/chainlink/st...
“Fund tokenization is probably the biggest digital asset trend happening today, and it’s a big confirmation that global asset management companies are entering this growing market”
says Sergey Nazarov, Co-founder of Chainlink.
https://x.com/chainlink/st...
1 day ago
🚨 More than 50% of US hedge funds are exposed to #Bitcoin
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
2 days ago
The Legacy of Zuzalu: One Year Later 🌇
Can the ephemeral city experiment inspired by Vitalik live on?
One year ago this week, our very own
TrustlessState shared details about his experience living with some of crypto’s brightest minds in the ephemeral city called Zuzalu.
You can read David's full breakdown of his experience below:
👉 http://bankless.cc/David_Z...
This popup city housed over 200 people from diverse regions and fields for two months. David conducted a number of interviews with fellow attendees during this time on topics spanning zero-knowledge proofs, longevity and biotech, network states, and public goods. You can check out those conversations below.
👉 http://bankless.cc/ZuzaluC...
Inspired and initiated by VitalikButerin, Zuzalu blended structure and spontaneity to construct a successful experiment, but almost immediately after the ephemeral city dispersed, attendees wondered how they could keep the fire of Zuzalu alive and continue to offer places for the ethos of Ethereum to connect with disparate emerging technologies.
Let’s take a look at what they’ve been up to since 👇
🏡 The Rise of Zu-Villages
The success of Zuzalu sparked interest in continuing the concept of crypto pop-up cities called Zu-villages.
Earlier this year, a gitcoin grants program offered 250 ETH in funding for creating Zu-villages and Zu-related technology. The round ran from Jan. 15 to Feb. 15, providing funding for 32 events like JoinEdgeCity, Esmerelda and ZuBerlinCity, which are currently running or have just finished, and 28 tools like ZupassProject and MuseMatrix_, a DeSci research institute.
Many of these tie into Zuzalu City, a community hub for Zu-villages and related software, including a calendar of pop-up cities like the few we've highlighted below:
Edge Esmeralda
The ongoing Edge Esmeralda is a month-long popup village focused on incubating novel technologies and new ways of living, aiming to build a foundation for a permanent new town, Esmeralda, around Healdsburg, CA. With $217K in funding from the Zuzalu grants round, Esmeralda put together a series of events centered around human organization, robotics, artificial intelligence, real-world crypto applications, and health and longevity.
The rise of Zu-villages illustrates the enduring impact of Zuzalu, with these pop-up cities continuing to foster collaboration, technological advancement, and a decentralized way of living across the globe.
These pop-up villages demonstrate a model where individuals can co-live, co-work, and co-create, blurring the lines between professional collaboration and communal living to create atmospheres aligned with personal sovereignty and collective problem-solving. The transient nature of these communities allows for flexibility and adaptability, where new ideas can be tested and refined in real time.
It highlights a future where governance is more fluid, technology enhances participants' health, and community building is a continuous, evolving process.
By providing spaces for like-minded individuals to come together, Zuzalu and its successors create fertile ground for social experimentation and technological innovation. They embody the spirit of decentralized, autonomous living, further reflecting the broader societal trends towards alternative lifestyles in the digital age. Overall, the legacy of Zuzalu lies in its ability to inspire and enact a vision of a forward-thinking world, where dynamic, transient communities can thrive and innovate, and tech and health exist in harmony.
Written by davewardonline
Can the ephemeral city experiment inspired by Vitalik live on?
One year ago this week, our very own
TrustlessState shared details about his experience living with some of crypto’s brightest minds in the ephemeral city called Zuzalu.
You can read David's full breakdown of his experience below:
👉 http://bankless.cc/David_Z...
This popup city housed over 200 people from diverse regions and fields for two months. David conducted a number of interviews with fellow attendees during this time on topics spanning zero-knowledge proofs, longevity and biotech, network states, and public goods. You can check out those conversations below.
👉 http://bankless.cc/ZuzaluC...
Inspired and initiated by VitalikButerin, Zuzalu blended structure and spontaneity to construct a successful experiment, but almost immediately after the ephemeral city dispersed, attendees wondered how they could keep the fire of Zuzalu alive and continue to offer places for the ethos of Ethereum to connect with disparate emerging technologies.
Let’s take a look at what they’ve been up to since 👇
🏡 The Rise of Zu-Villages
The success of Zuzalu sparked interest in continuing the concept of crypto pop-up cities called Zu-villages.
Earlier this year, a gitcoin grants program offered 250 ETH in funding for creating Zu-villages and Zu-related technology. The round ran from Jan. 15 to Feb. 15, providing funding for 32 events like JoinEdgeCity, Esmerelda and ZuBerlinCity, which are currently running or have just finished, and 28 tools like ZupassProject and MuseMatrix_, a DeSci research institute.
Many of these tie into Zuzalu City, a community hub for Zu-villages and related software, including a calendar of pop-up cities like the few we've highlighted below:
Edge Esmeralda
The ongoing Edge Esmeralda is a month-long popup village focused on incubating novel technologies and new ways of living, aiming to build a foundation for a permanent new town, Esmeralda, around Healdsburg, CA. With $217K in funding from the Zuzalu grants round, Esmeralda put together a series of events centered around human organization, robotics, artificial intelligence, real-world crypto applications, and health and longevity.
The rise of Zu-villages illustrates the enduring impact of Zuzalu, with these pop-up cities continuing to foster collaboration, technological advancement, and a decentralized way of living across the globe.
These pop-up villages demonstrate a model where individuals can co-live, co-work, and co-create, blurring the lines between professional collaboration and communal living to create atmospheres aligned with personal sovereignty and collective problem-solving. The transient nature of these communities allows for flexibility and adaptability, where new ideas can be tested and refined in real time.
It highlights a future where governance is more fluid, technology enhances participants' health, and community building is a continuous, evolving process.
By providing spaces for like-minded individuals to come together, Zuzalu and its successors create fertile ground for social experimentation and technological innovation. They embody the spirit of decentralized, autonomous living, further reflecting the broader societal trends towards alternative lifestyles in the digital age. Overall, the legacy of Zuzalu lies in its ability to inspire and enact a vision of a forward-thinking world, where dynamic, transient communities can thrive and innovate, and tech and health exist in harmony.
Written by davewardonline
2 days ago
🚨 Standard Chartered predicts that bitcoin could hit a record high in August followed by a rise to $100 ,000 by the US presidential election in November.
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
2 days ago
🚨 Ethereum ETFs will see $500 million in inflows in their first week according to analyst Lennix Lai.
“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”
https://www.dlnews.com/art.../
“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”
https://www.dlnews.com/art.../
2 days ago
Lately we have had:
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
3 days ago
🇺🇸 The US Marshals Service partners with Coinbase to protect and trade their “large-cap digital assets”.
https://www.coinbase.com/e...
https://www.coinbase.com/e...
4 days ago
So I’m disassociating myself with everybody who went to the Bucharest gay pride parade.
Instant block.
Instant block.
4 days ago
Daily Memecoin Recap - June 29
Weekends are best to touch grass
Low volume - Market is very PvP
Billy Wants All-Time-High
$billy -> $24m to $88m (3.67x from the low)
Billy Deployer Wallet Private Key Leaked
$silly -> $980k , CTO, launched on $billy 's deployer wallet
Popcat Continues Pushing
$popcat -> $211m to $663m (3.14x from the low)
Soulja Boy Comeback
$sboy -> $1m to $6m (6x),
Dog Memes
$chucky -> hit $2m , normie meme
$dilly -> hit $1 .7m
$nelly -> hit $922k , CTO
$bilchi -> hit $500k , $michi derivative
Cat Memes
$itty -> $145k to $950k (6.55x)
$cat -> hit $3 .4m, Lion Cat
$yami -> hit $473k
Long Term Holds
$retardio -> $12 .5m to $40m (3.2x from the low)
$lockin -> $5m to $18 .4m (3.68x), normie + CT meme
$aura -> $5m to $17m (3.4x from the low), good team
More Cooks
$doogle -> $3 .85m to $9 .3m (2.41x)
$chwy -> $2 .7m to $9 .5m (3.5x)
$kama -> $1 .67m to $5 .14m (3x),
$meesa -> $1m to $4 .15m (4.15x)
$palmy -> $300k to $1 .81m (6x)
$oblock -> hit $2 .4m
$smc -> hit $450k , good website, CTO
$mango -> hit $425k , "Mango Juul"
Happy Sunday 🤝
Weekends are best to touch grass
Low volume - Market is very PvP
Billy Wants All-Time-High
$billy -> $24m to $88m (3.67x from the low)
Billy Deployer Wallet Private Key Leaked
$silly -> $980k , CTO, launched on $billy 's deployer wallet
Popcat Continues Pushing
$popcat -> $211m to $663m (3.14x from the low)
Soulja Boy Comeback
$sboy -> $1m to $6m (6x),
Dog Memes
$chucky -> hit $2m , normie meme
$dilly -> hit $1 .7m
$nelly -> hit $922k , CTO
$bilchi -> hit $500k , $michi derivative
Cat Memes
$itty -> $145k to $950k (6.55x)
$cat -> hit $3 .4m, Lion Cat
$yami -> hit $473k
Long Term Holds
$retardio -> $12 .5m to $40m (3.2x from the low)
$lockin -> $5m to $18 .4m (3.68x), normie + CT meme
$aura -> $5m to $17m (3.4x from the low), good team
More Cooks
$doogle -> $3 .85m to $9 .3m (2.41x)
$chwy -> $2 .7m to $9 .5m (3.5x)
$kama -> $1 .67m to $5 .14m (3x),
$meesa -> $1m to $4 .15m (4.15x)
$palmy -> $300k to $1 .81m (6x)
$oblock -> hit $2 .4m
$smc -> hit $450k , good website, CTO
$mango -> hit $425k , "Mango Juul"
Happy Sunday 🤝
5 days ago
✨GM Bullverse,🐧
Pengy & the degens take off with SOL Air.🚀
Ready to fly high, and in class.😎
Fly Good, Fly sol.💫
Next episode will be a Special one specially for Bullverse, stay tuned.👀💥
Pengy & the degens take off with SOL Air.🚀
Ready to fly high, and in class.😎
Fly Good, Fly sol.💫
Next episode will be a Special one specially for Bullverse, stay tuned.👀💥
6 days ago
🦅Hello $TPUMP VOTERS! RT, LIKE, COMMENT🦅
It's time for a community competition.
Whoever has the most invitations for new people to join the group. Only the TPUMP official Group counts:
💰1 place: 30 USD - 5Mil $TPUMP
🇺🇸2 place: 10 USD - 1Mil $TPUMP
🦅3 place: 100K $TPUMP
The people can be your friends, family or other investors or interested parties. It just has to be clear that you have invited them.
Join here to take part: https://t.me/makeTPUMPgrea...
We will create a ranking board which will be updated daily.
Please send us the names of the invited/ or related people. So that we can assign them to you.
The winners must have at least 1$ in TPUMP to be eligible to win.
Contest ends in 4 days.
It's time for a community competition.
Whoever has the most invitations for new people to join the group. Only the TPUMP official Group counts:
💰1 place: 30 USD - 5Mil $TPUMP
🇺🇸2 place: 10 USD - 1Mil $TPUMP
🦅3 place: 100K $TPUMP
The people can be your friends, family or other investors or interested parties. It just has to be clear that you have invited them.
Join here to take part: https://t.me/makeTPUMPgrea...
We will create a ranking board which will be updated daily.
Please send us the names of the invited/ or related people. So that we can assign them to you.
The winners must have at least 1$ in TPUMP to be eligible to win.
Contest ends in 4 days.
7 days ago
Crypto in 2024: Mid-Year Reflections
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
7 days ago
For y'all sport fans,
Blockasset built on Solana is bringing you closer to your fav athletes. You can make predictions on sports-centered, free-to-play games to earn tokenized points, which can be used in the Blockasset ecosystem to:
✅ Make wagers on sports events
✅ Get exclusive content from athletes
✅ Attend live events
✅ VIP venue tours
✅ Even athlete training sessions
Fans get access to unique experiences and access; athletes use digital assets to supercharge deep connections to their biggest cheerleaders. Win-win!
It’s working, and not just with current blockchain users. When launching an NFT with MMA fighter Khamzat Chimaev, 35% of all mints were from non-crypto sports fans. After the mint, Chimaev made exclusive content for the Blockasset community that eventually accumulated millions of views.
An early team from the Solana ecosystem – they’ve been around since 2021 – Blockasset has slowly been building a following into the sports world. Soon, they’ll be working with UFC fighters, introducing a whole new audience to unique web3 experiences.
It’s a better experience for everyone
Blockasset built on Solana is bringing you closer to your fav athletes. You can make predictions on sports-centered, free-to-play games to earn tokenized points, which can be used in the Blockasset ecosystem to:
✅ Make wagers on sports events
✅ Get exclusive content from athletes
✅ Attend live events
✅ VIP venue tours
✅ Even athlete training sessions
Fans get access to unique experiences and access; athletes use digital assets to supercharge deep connections to their biggest cheerleaders. Win-win!
It’s working, and not just with current blockchain users. When launching an NFT with MMA fighter Khamzat Chimaev, 35% of all mints were from non-crypto sports fans. After the mint, Chimaev made exclusive content for the Blockasset community that eventually accumulated millions of views.
An early team from the Solana ecosystem – they’ve been around since 2021 – Blockasset has slowly been building a following into the sports world. Soon, they’ll be working with UFC fighters, introducing a whole new audience to unique web3 experiences.
It’s a better experience for everyone
7 days ago
After filing for a solana spot ETF, Vaneck comes out to discuss Solana's potential as a competitor to Ethereum, making reference to its scalability, speed, and low transaction costs.
They believe Solana's decentralized nature and high utility could establish it as a valuable commodity compared with other digital assets.
They believe Solana's decentralized nature and high utility could establish it as a valuable commodity compared with other digital assets.
8 days ago
Englishman. Down the pub. Drinking a beer. Watching the footy.
Not in snotty wine bar or a child molestation sex party?
This is very UNLIKE a politician for sure.
But embarrassing it is not.
Not in snotty wine bar or a child molestation sex party?
This is very UNLIKE a politician for sure.
But embarrassing it is not.
9 days ago
I have never compared myself to Assange.
I can say “2 pac was shot” and “MLK was shot” but me describing that the method of assassination was identical doesn’t mean I’m comparing the two men.
The “fake sex assault” playbook is the same. Assange. Brand. Me. Etc.
That’s all.
I can say “2 pac was shot” and “MLK was shot” but me describing that the method of assassination was identical doesn’t mean I’m comparing the two men.
The “fake sex assault” playbook is the same. Assange. Brand. Me. Etc.
That’s all.
10 days ago
Daily Memecoin Recap - June 24
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
