London, United Kingdom, May 15th, 2024, Chainwire
The presale of Mega Dice Token (DICE), a new GameFi project, passed the $1 million funding milestone earlier today.
Mega Dice Token Presale Structure and DICE Tokenomics
Mega Dice Token presale allows investors to purchase DICE tokens before their upcoming launch on the open market. Mega Dice’s team has opted to structure the presale into “stages,” with each stage offering DICE tokens at a different price.
To participate, investors must connect a wallet to Mega Dice Token’s presale dashboard and swap SOL, ETH, or BNB for DICE. Once the presale ends, the purchased DICE tokens will be distributed directly to investors’ connected wallets.
When it comes to the project’s tokenomics, it’s worth noting that an allocation of 147 million DICE has been set aside for presale buyers – representing 35% of the total supply. A further 63 million DICE, accounting for 15% of the supply, will be deployed to provide liquidity once the token is listed on a DEX.
DICE Token Powers Mega Dice’s Rewards & Benefits System
DICE is the native token of the Mega Dice online casino platform. While Mega Dice is already an established casino brand, the introduction of DICE is designed to take the experience to an augmented level.
A key draw of DICE is the opportunity for token holders to earn daily rewards based on the casino’s performance: by staking their DICE tokens, holders receive a portion of the casino’s profits.
The team has structured the reward scheme this way with the aim of allowing the community to benefit from the potential growth of Mega Dice’s platform over the long term.
As outlined in the project’s whitepaper, DICE holders also gain access to exclusive rewards, bonuses, and limited-edition NFTs. In addition to this, DICE holders will also be able to use their tokens to get engaged with the casino platform.
Lastly, an upcoming referral program will allow token holders to earn a 25% revenue share for any new players they bring on board.
$2.25M Airdrop Campaign Drives Community Growth
Adding to the interest around DICE is the $2.25 million airdrop campaign that the development team has planned for active casino players which details have been clearly outlined on the token presale page.
This airdrop will be split across three seasons, each distributing $750,000 worth of DICE tokens. The first season kicks off the airdrop, rewarding players who stay active and hit a $5,000 wager volume within 21 days.
Season 2 allows players to earn DICE by wagering any supported cryptocurrency between the presale and the token’s official launch. Finally, Season 3 brings it full circle – players can accrue more DICE by wagering $5,000 within 21 days of the token going live.
This airdrop campaign has driven Mega Dice’s Telegram and Twitter communities to increase the number of followers: the Mega Dice Telegram channel now has 9,300 members, while the project’s Twitter page has over 25,000 followers.
About Mega Dice Token
Mega Dice Token (DICE) is a Solana-based token that serves as the native currency of the Mega Dice casino. It enables token holders to earn daily rewards based on the casino’s performance by staking their DICE.
The token also provides access to bonuses and limited-edition NFTs while offering utility within the Mega Dice ecosystem.
Mega Dice Token presale website can be reached here.
Mega Dice is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Contact
Mega Dice Token
contact@megadice.io
Singapore, Singapore, May 15th, 2024, Chainwire
ETFSwap (ETFS), an emerging decentralized cryptocurrency and Exchange-Traded Funds (ETFS) platform, has achieved a series of significant milestones, marking a historic moment in its development and presale. With the support and confidence of thousands of users and investors worldwide, this ground-breaking platform is experiencing a meteoric rise in popularity.
In addition, ETFSwap (ETFS) is gaining global recognition as a significant player in the tokenized ETF market. It offers a platform that is both distinctive and accessible, as well as unique and user-friendly, for trading cryptocurrencies and ETFs.
ETFSwap (ETFS) Records Unprecedented Surge To Cross 4,000 Users
As of November 2023, the global ETFs industry reached a valuation of $10.99 trillion and has been growing rapidly ever since. Given this expansion, an increasing number of cryptocurrency enthusiasts and investors have looked for ways to engage with the potential in this sector.
ETFSwap (ETFS) emerges as a bridge between the traditional and Decentralized Finance (DeFi) ecosystem. This platform offers investment opportunities for global investors, exposing them to trillion-dollar sectors such as health, energy, technology, commodities, and more
ETFSwap (ETFS) offers crypto investors a novel service that has never been seen in the industry. It allows access to the trillion-dollar traditional ETFs market, allowing them to expand their investment portfolio by tokenizing these assets for easy trading. But perhaps where ETFSwap (ETFS) really outpaces its competitors is that it presents an easy on-and-off ramp for trading ETFs using both crypto and fiat, coupled with the decentralization of the Ethereum blockchain.
Over the next year, the platform plans to complete its roadmap with the full launch of the ETFSwap (ETFS) trading platform open for all. Additionally, it’ll launch its partnership program, launch its staking decentralized application (DApp), and roll out community rewards.
Its token will launch on decentralized exchanges such as Uniswap, with open public trading to follow. This comes with a full-blown marketing roll-out such as CoinMarketCap fast-track, Key Opinion Leaders (KOLs), and token competitions.
The ETFSwap (ETFS) platform has undergone a rigorous audit by CyberScope, a leader in the blockchain security industry. The audit found no vulnerabilities in its contract, with the company declaring it safe for investment.
Ahead of its full platform launch, the company is focused on securing all necessary licenses required to bring this novel service to investors worldwide. To sweeten the pot, it requires no KYC (Know Your Customer), which means investors just need to connect their wallet to start trading on the website.
ETFSwap (ETFS) is already seeing unparalleled adoption amongst users across diverse regions globally. Currently, the innovative platform has recorded more than 4,000 users in just a few weeks.
This surge in adoption is fueled not only by ETFSwap’s (ETFS) advanced trading technology and capabilities but also by the rising interest in tokenized ETFs within the digital asset landscape.
Key Milestones and Presale Progress
Thanks to ETFSwap users’, ETFSwap (ETFS) has successfully hit key developmental milestones. With the help of institutional investors, ETFSwap (ETFS) successfully raised over $750,000 in its private fundraising round.
In addition to the growth of ETFSwap’s user base, the first stage of the ongoing presale has seen over 75 million tokens sold.
The ETFSwap team noticed the increase in sales and, with a strategic decision, has raised the ETFS token price from $0.00854 in its first presale stage to $0.01831 during the second stage. The public presale has also collectively raised over $1.5 million in a few weeks.
For more information about the ETFS Presale:
Users can visit ETFSwap Presale
Users can join The ETFSwap Community
Contact
Jacob Moss
ETFSwap LLC
info@etfswap.io
Abu Dhabi, Abu Dhabi, May 14th, 2024, Chainwire
Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal’s journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space.
Obtaining the FSP positions Liminal as a trusted partner for institutions seeking secure and compliant solutions for safeguarding their valuable digital assets. Notably, the license grants Liminal the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub. This expansion broadens Liminal’s reach and allows it to serve a wider range of clientele seeking best-in-class digital asset custody solutions.
Building Trust Through Regulatory Compliance
Mahin Gupta, Founder of Liminal Custody, expressed his satisfaction with the achievement, stating, “We are honored to receive the ADGM FSP license. This accomplishment represents the culmination of significant effort on behalf of our entire team, all dedicated to upholding the highest regulatory standards. Building trust within the digital asset industry, which is undergoing rapid evolution, is a core tenet of our mission. The ADGM FSP license serves as a powerful validation of our commitment to compliance. We are confident that this achievement will further empower us to deliver best-in-class custody solutions to our clients, ensuring the continued security and integrity of their digital asset holdings.”
The Symbiosis of Compliance and Innovation
The digital asset industry is experiencing exponential growth, with a corresponding demand for regulatory clarity to foster long-term stability and mainstream adoption. Liminal believes that a robust regulatory framework, when coupled with continuous innovation, is the cornerstone for building a secure and thriving digital asset ecosystem. By adhering to stringent regulations, Liminal ensures the safety and security of client assets, while its unwavering commitment to innovation allows it to develop cutting-edge solutions that address the evolving needs of the digital asset landscape. This two-pronged approach – prioritizing both regulatory compliance and technological advancement – positions Liminal as a leader in the digital asset custody space.
Commenting on Liminal achievement, Arvind Ramamurthy, Chief of Market Development at ADGM said: ” We congratulate Liminal on completing its licensing process and receiving the required Financial Services Permission (FSP) from the FSRA of ADGM. Liminal’s focus on regulatory compliance and innovative solutions in the space of digital assets aligns with ADGM’s vision for fostering a dynamic and trusted financial ecosystem that prioritizes upholding the highest standards of security and innovation. We look forward to witness Liminal’s contribution to the growth of the digital asset industry in Abu Dhabi and beyond.”
Amir Tabch, CEO of Liminal Custody Middle East and Senior Executive Officer of the Category 3C ADGM-regulated entity First Answer Middle East Limited, remarked: “Earning the ADGM FSP license is a clear indicator of Liminal’s ironclad dedication to compliance and innovation. This achievement not only positions us at the forefront of digital asset custody but also signals our pivotal role in its future evolution. By equally valuing regulatory compliance and technological progress, we aim to equip institutions with the confidence to explore the digital asset realm, tapping into its vast, transformative potential. This milestone is a springboard for Liminal’s continued growth and a significant contribution towards the digital asset industry’s maturity.”
About Liminal Custody
Liminal is a compliant and insured digital asset custody and wallet infrastructure provider that provides both MPC wallets and multi-sig wallets. Launched in April 2021, Liminal is a CCSS Level 3, SOC Type 2 and ISO 27001 & 27701 certified organization. Liminal is based in Singapore, has operations spread across APAC MENA and Europe, along with offices in Singapore, India and UAE.
Liminal takes pride in supporting businesses with their qualified and insured digital asset custody platform, which enables stress-free safekeeping of digital assets for institutions. Liminal also provides a cutting edge wallet infrastructure platform that is secure, compliant and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners and government agencies.
About Abu Dhabi Global Market (ADGM)
The Abu Dhabi Global Market (ADGM), an international financial center (IFC) located in Abu Dhabi, the capital city of the United Arab Emirates, opened for business on 21 October 2015. Established by a UAE Federal Decree as a comprehensive financial center, ADGM enhances Abu Dhabi’s stature as a global trade and business hub. It serves as a strategic connector between the burgeoning economies of the Middle East, Africa, and South Asia, and the rest of the world.
ADGM’s strategy leverages Abu Dhabi’s key strengths in areas such as private banking, wealth management, asset management, derivatives and commodities trading, financial innovation, sustainability, and more. It comprises four independent authorities: the ADGM Authority, ADGM Courts, the Financial Services Regulatory Authority, and the Registration Authority. As an IFC, ADGM governs the entire 114 hectares (1.14 square kilometers) of Al Maryah Island, a designated financial free zone.
Contact
Sr. Manager – PR & Communications
Akansha Sharma
Liminal Custody
akansha@liminalcustody.com
London, United Kingdom, May 13th, 2024, Chainwire
Robert Kiyosaki, the renowned businessman and best-selling author of the educational series, ‘Rich Dad Poor Dad’, joins Andrew Maguire, on this week’s episode of Live from the Vault.
This week, a precious metals commentary show hosted by the renowned London whistleblower takes viewers through the current economic landscape and explains how everyone can take steps to preserve their wealth.
“I save gold and silver. I don’t save dollars.”
Kiyosaki speaks on how everyday people are accustomed to spending and saving in centralised, bank-issued fiat currency, commonly referred to as ‘paper money’.
“My mom and dad had no idea,” says Kiyosaki. The everyday person can’t necessarily see the difference between “real money and fake money”.
He continues, “… they hung on to paper again, their college degrees… People have been conditioned and programmed to take paper instead of the real stuff, which violates Gresham’s law.”
Gresham’s law states that when ‘bad money’ enters a system, people hold onto ‘good money’, which sees valuable assets like gold and silver, exit the system.
Kiyosaki explains how paper assets, such as Dollars, Pounds or Yen are subject to large-scale currency devaluation due to central bank money printing. He contrasts saving in fiat and paper assets with the ownership of hard assets, such as real estate and precious metals.
Kiyosaki comments, “I save gold and silver. I don’t save dollars”, an approach he has taken since his time as an army pilot in Vietnam, which coincided with Nixon’s closing of the gold window in 1971.
BRICS Central Bank Gold Demand
Discussing the BRICS nations, Kiyosaki highlights a growing division between the East and the West, with Eastern nations like Russia and China accumulating gold to create a currency backed by the precious metal.
The Evolution of Money
The conversation concludes with an evaluation of the Kinesis ecosystem; a sustainable and fair monetary alternative, that has already proven its potential in helping users globally counter the impact of a fiat-based economy.
Kinesis’ gold and silver-based currencies, KAU and KAG are backed by fully allocated, fully audited gold and silver, which is made universally spendable by card, through leveraging blockchain technology.
Kiyosaki voices his enthusiasm about Kinesis’ capacity to easily allocate a portfolio between gold and silver, spend on a debit card – and get paid every month through Kinesis’ innovative yields system.
He calls Kinesis a game-changer, deeming it “the evolution of money”.
This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.
About Kinesis Money
Kinesis is an end-to-end monetary system based 1:1 on physical gold and silver. Founded in 2017, Kinesis formed a strategic partnership with Allocated Bullion Exchange with institutional metals exchange trading globally for over a decade.
With $10B traded since 2021, Kinesis has driven rapid expansion on a global scale, amassing a client base across 150+ countries.
Through robust vaulting infrastructure and innovative financial technology, Kinesis reintroduces gold and silver as money. The platform enables citizens worldwide to protect their wealth outside of the volatility of the traditional banking system.
Contact
Zubair Bukhari
Kinesis Money
zubair.bukhari@kinesis.money
Two months after the highly anticipated Dencun upgrade, Ethereum has seen a shift in its Ether supply dynamics, no longer exhibiting deflationary characteristics.
According to CryptoQuant data, the total supply of Ether grew slightly from 120 million on March 12 to 120.1 million by May 7, marking the first inflationary trend since the Merge transition in September 2022.
The Merge was a significant shift for Ethereum, moving from a proof-of-work to a proof-of-stake consensus model.
This change included a mechanism for burning transaction fees, which initially led to a deflationary supply of Ether.
Since the implementation of the Merge, over 419,713 ETH has been permanently removed from circulation, based on data from ultrasound.money.
The recent Dencun upgrade, however, has reduced the median transaction fees by up to four times, despite maintaining the same level of network activity.
This reduction in fees has resulted in a decrease in the amount of Ether being burned, contributing to the increase in total supply.
READ MORE: U.S. Regulators Increase Scrutiny on Crypto Firms Amid Rising Market Manipulation Concerns
As noted in a CryptoQuant report from May 8, “The Dencun upgrade has made ETH inflationary again, potentially killing the narrative of ‘Ultra sound’ money as a structurally lower amount of transaction fees burned on Ethereum have had the corresponding effect of not decreasing the total supply of ETH to keep it deflationary.”
Ki Young Ju, founder and CEO of CryptoQuant, emphasized on May 9 that the loss of deflationary status is not particularly critical for Ethereum’s broader ecosystem.
He stated in an X post, “Post-Dencun upgrade, ETH lost deflationary status with reduced fees, departing from ‘ultrasound money.’ Ethereum’s strength lies in DApps; it’s wiser not to compare it to Bitcoin’s sound money narrative.”
This development signals a shift in the economic dynamics of Ether but does not undermine the foundational benefits of the Ethereum network, particularly its application in decentralized applications (DApps).
While the narrative of ‘ultra sound’ money may be diminishing, Ethereum’s core utility and innovation in decentralized solutions continue to hold strong.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Donald Bitcoin (DONBTC) presents a similar opportunity for a limited time.
Donald Bitcoin (DONBTC), a newly launched Solana memecoin, is poised to explode over 11,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
DONBTC will be listed on MEXC, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Donald Bitcoin.
Currently, Donald Bitcoin can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy DONBTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Bitcoin by entering its contract address – 7nErZV74Y8L7zz1thKUczBniWMnLc74gQMdzbWnhr95e – in the receiving field.
DONBTC currently has a market cap of just under $15,000, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
London, UK, May 10th, 2024, Chainwire
Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain.
Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party computation (sMPC) within the Liminal privacy layer.
About Kintsu
Kintsu aims to reshape the DeFi landscape with its next-generation liquid staking platform, empowering users to stake their assets while maintaining liquidity. By leveraging Aleph Zero’s state-of-the-art security and unparalleled transaction speeds, Kintsu provides unmatched flexibility and efficiency in liquid staking.
A recipient of the Aleph Zero Ecosystem Funding Program, Kintsu is recognized as a pioneer within the Aleph Zero, INK, and Substrate ecosystem. With a focus on decentralization, and security, Kintsu aims to redefine liquid staking, providing DeFi users with a efficient, scalable, liquid, and composable staking solution.
Key Features of the Kintsu Testnet
– Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively.
– Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency.
– Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched.
– Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed.
– Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}.
Hats Finance Audit Competition:
Kintsu has partnered with Hats Finance, a decentralized cybersecurity network, to conduct an audit competition on the contracts that will be deployed on the Testnet. The competition features a bounty of $40,000, incentivizing ethical hackers and security experts to identify and report vulnerabilities. This initiative ensures that Kintsu’s contracts are thoroughly vetted before their mainnet launch, maintaining the highest security standards as Kintsu pioneers the future of liquid staking.
Participation and Feedback:
Kintsu invites its community to actively participate in the Testnet, exploring its innovative features and providing crucial feedback. This feedback will play a significant role in enhancing the platform’s user experience.
Connecting with the Kintsu Community
Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Kintsu Discord community and following on Twitter. Insights and feedback from the community are crucial in shaping the future of DeFi.
Contact
Director of Growth
Alexios Konstantinidis
Kintsu
hello@kintsu.xyz
Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched today, is poised to explode over 8,000% in price in the coming days.
This is because SHIDOGE has announced its first centralized exchange listing, which will be on MEXC.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Shiba Doge Hybrid (SHIDOGE) can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Shiba Doge Hybrid (SHIDOGE) could become the next viral memecoin.
To buy Shiba Doge Hybrid on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for SHIDOGE by entering its contract address – 797CmcxqkLZaSjMd7MdyNZ9swuSzaGdYWkJ65jehiXWa – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SHIDOGE.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE) made astronomical returns, and Andrew Tate Coin (ANDTATE) presents a similar opportunity for a limited time.
Andrew Tate Coin (ANDTATE), a newly launched Solana memecoin, is poised to explode over 16,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
ANDTATE will be listed on MEXC, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Andrew Tate Coin.
Currently, Andrew Tate Coin can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy ANDTATE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Andrew Tate Coin by entering its contract address – Cp7qyqdzXAqF7fqKXzS8LwTE7JQvh2V3vYGnDdx6j4ii – in the receiving field.
ANDTATE currently has a market cap of just under $20,000, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
New York, New York, May 7th, 2024, Chainwire
Spectral is excited to announce its participation in Hugging Face’s Expert Support Program. Spectral is collaborating with deep learning experts from Hugging Face to advance open-source models, datasets, and applications for the Onchain Agent Economy.
How to use Hugging Face
Hugging Face plays a critical role across Spectral’s organization. Through the Expert Support Program, Spectral regularly meets with the Hugging Face team to plan new use cases, strategize dataset construction, and develop training strategies.
Earlier this year, Spectral launched Syntax, which is composed of a fine-tuned LLM orchestrator that routes queries between several tools, including search, Foundry, and an open-source model to generate Solidity code. Building Syntax required custom datasets for both finetuning and RAG, an original Solidity evaluation dataset written by elite smart contract developers, and experimentation across a wide range of open and closed-source models.
Spectral’s approach to dataset preparation, training, routing, and evaluation has drastically improved during this process, largely due to help from Hugging Face experts. Regular discussions on Spectral’s approach mean that the company always receives impartial feedback on its decisions and can reevaluate its strategy as needed. This was important for both the finetuning and evaluation steps, which have now gone through several rounds of improvement thanks to the Hugging Face team.
Spectral also relies on Hugging Face for inferences in production through dedicated Inference Endpoints. The fully managed infrastructure allows Spectral to iterate on new models quickly, easily update container and hardware configurations, autoscale with demand, and keep production costs low.
Over the coming months, Spectral is excited to continue to open-source its work with onchain datasets and models that interact onchain through Hugging Face. Users can view Spectral’s training dataset for the credit scoring challenge and follow its progress here.
The Onchain Agent Economy
Syntax is pioneering the accessible onchain Agent Economy, inviting users to select agents tailored for their specific tasks. Users can either interact with the foundational agent to generate solidity code or opt for one of the specialized agents, each adept in distinct tasks. For example, we recently launched Syntax MoonMaker, an agent that launches a memecoin project end to end, and are soon launching Syntax- TestMachine, an agent that detects vulnerabilities in your smart contracts. Many such agents are currently in production, and upcoming releases of our product will allow users to create their own agents and monetize them on the Syntax network.
This system relies on a vast suite of functions available to language models, open-source models for tasks like classification and image generation, fast and reliable blockchain infrastructure, and a trustless system to execute and verify each step. To solve these problems, we’ve begun developing the Inferchain, optimized to serve the rapidly growing demand for agents and verifiable inferences.
Hugging Face Users joining the Onchain AI community
The importance of open collaboration cannot be overstated. Like many other projects, Spectral would not exist without the work of open-source contributors. Spectral is greatly indebted to everyone who makes this work possible and believes this positive impact should be recognized.
As part of this engagement, Spectral is focusing specifically on users powering the AI community. The top individual and small organization contributors on Hugging Face, measured by likes and downloads of their models and datasets, are eligible to register to claim a share of SPEC tokens starting the week of May 6th. Users can check eligibility by signing in with their Hugging Face account here. A snapshot of activity was taken last month, and eligible users will not need an existing wallet to claim. This airdrop is designed to recognize users for their critical work and enable new functionality for the next generation of AI tools.
Criteria
Spectral reviewed all individual contributors from organizations with less than 10 members that published models or datasets. From these, Spectral took a combined measure of activity from likes and downloads for both models and datasets. Then, Spectral identified the users with the most combined activity from both model and dataset publishers (11298 in both categories) which resulted in a final list of 20,004 unique huggingface users.
Spectral is looking forward to engaging further with the open-source community and building the future of AI x web3!
https://claims.spectrallabs.xyz/
About Spectral
Spectral, a pioneer of the agent economy behind Syntax, is at the forefront of integrating AI with blockchain to democratize development in Web3. Spectral’s mission is to simplify the creation and deployment of decentralized applications through autonomous Onchain Agents. Syntax, Spectral’s flagship product, translates natural language into Solidity code, enabling both novices and experts to build on the blockchain effortlessly. With a commitment to transparency and user empowerment, Spectral is shaping a future where anyone can participate in the blockchain revolution. Join Spectral in making this vision a reality and explore the potential of autonomous agents. For more information, visit https://spectrallabs.xyz
For more information, users can follow Spectral on Twitter and Discord.
Contact
Spectral Labs Team
contact@spectral.finance