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Recent developments have greatly boosted investor confidence in the cryptocurrency market, which is witnessing a remarkable recovery. For example, analyst Crypto-Rover expects Bitcoin (BTC) to surge significantly in the next 50 to 100 days. The analyst emphasized that previous Bitcoin halvings led to new record highs a few months after the event. In addition, crypto analyst Michael van de Poppe predicts that the altcoin market is poised for a major upswing.
Moreover, the cryptocurrency market is on the rise, with the prices of many assets rising. New Cryptocurrency Releases, Listings, and Presales Today Cryptocurrencies are attracting the attention of investors. InsideBitcoins provides selected insights into these tokens.
New Cryptocurrency Releases, Listings, and Presales Today
NATIX Network is creating an innovative open geospatial intelligence network that leverages AI and smartphone cameras. Meanwhile, OPEN GPU is pushing the boundaries of GPU utilization by developing the oGPU series, which facilitates decentralized computing.
Meanwhile, The Meme Games (MGMES) project continues to attract players from the memecoin community, standing out as the only Olympic-themed cryptocurrency. On the other hand, ether Bitcoin is on track to post a loss of more than 20% in August, while Bitcoin is heading for its fourth straight weekly decline.
1. NATIX Network (NATIX)
NATIX Network is building an innovative open geospatial intelligence network using AI and smartphone cameras. Its flagship offering, “Drive&,” combines driver assistance applications such as dashboard cameras and navigation tools with token incentives, computer vision AI, and smartphone cameras.
Furthermore, this approach collects data in real time and rewards users for their contributions. As a result, it creates an open geospatial intelligence network. With over 100,000 registered drivers and around 40 million kilometers driven annually, NATIX has become one of the fastest growing DePIN networks globally. This growth is highlighted in Messari’s State of DePIN 2023 report.
Chainwire announced that NATIX Network has secured $4.6 million in a strategic funding round. Borderless Capital led the round, with Tioga Capital co-leading the funding. This brings the total funding raised to $9.6 million. Other investors include Escape Velocity, Big Brain, WAGMI Ventures, Inception Capital, Laser Digital, IOTEX, Moonrock Capital, Cogitent, Room 40 Ventures, Veris Ventures, Future Money Group, and iAngles. Individual investors include Gracy Chen of Bitget, James Parillo of Figment, Paul Taylor of Blackrock, Vijay Pravin Maharajan of bitsCrunch, and Crypto Banter.
We are pleased to announce a new partnership with @Orca_Su As a primary venue for Natics DEX trading 🥳
Liquidity on @Radium Protocol I have already moved to Orca, and the dummy wallets are connected to both pools through @Jupiter Exchange ✌️
Check it out 👇https://t.co/Pn6LRSLIX3
— NATIX Network (@NATIXNetwork) August 22, 2024
NATIX Network also announced several major partnerships. Orca is now the primary trading venue for $NATIX DEX, and liquidity has shifted from RaydiumProtocol to Orca. Additionally, they have partnered with Soar Chain, a layer 1 DePIN focused on transforming the mobility sector. Another partnership is with WeatherXM, a DePIN that rewards users for providing weather data through dedicated stations.
To enhance security within the Web3 ecosystem, NATIX has partnered with Deeper Network, expanding its DePIN ecosystem. As a result, the Drive& Marketplace now offers discounts on Deeper Connect devices.
2. OpenGPU (oGPU)
OPEN GPU is working to leverage the power of GPUs by developing the oGPU blockchain for decentralized computing. This initiative aims to create an ecosystem where anyone can participate and benefit from blockchain technology.
The OPEN GPU NETWORK mission is to transform the computing landscape for AI applications by creating a decentralized GPU sharing economy. The core of this ecosystem is the oGPU token, a crypto asset built on the Ethereum blockchain that ensures secure and transparent transactions within the network. Initially, the deployment on the Ethereum network will use trusted smart contracts, with plans to move to a dedicated layer to improve transaction speed and efficiency.
Furthermore, OPEN GPU has partnered with Dexed.io, a leading DeFi platform. This collaboration will boost OpenGPU’s visibility, just like Dextools.io. Thanks to Dexed.io’s advanced real-time data analysis and trend tracking, the project will be brought a lot of attention, thus boosting its presence in the DeFi space and creating more investment opportunities for the community.
Unleash the power of your GPU with the OpenGPU Provider app
Experience the next generation of GPU computing with the OpenGPU Provider. Turn your idle GPUs into income by executing AI tasks, from running Blender and Stable Diffusion to supporting advanced AI like Ollama 3.1b. Join the… pic.twitter.com/1BKwzp6Hdq
— OpenGPU Network (@openGPUnetwork) August 28, 2024
Additionally, TensorScan AI, a leader in blockchain analytics, is partnering with OpenGPU. TensorScan AI provides wallet classification, smart contract analysis, and real-time analytics through its Telegram bots and dashboard solutions. This partnership seeks to leverage the OpenGPU computing layer for blockchain analytics and AI solutions.
Furthermore, OpenGPU has partnered with Resistor AI ($TOR), which focuses on decentralizing AI through blockchain. The partnership aims to improve resource availability using OpenGPU nodes and provide community access to Resistor AI’s self-learning bot and Nara Voice Chat.
3. AVAILABILITY
The permissionless nature of Web3 has enabled the creation of innovative technologies, fostering a thriving ecosystem. However, this ecosystem faces significant challenges in scaling for mass adoption. Despite the development of advanced scaling technologies, coherently integrating these components while adhering to decentralized principles remains challenging.
Furthermore, transactions between ecosystems are complex, exacerbating fragmentation within the Web3 space. Efforts to attract new users are often diverted to existing communities rather than integrating new participants. Addressing these issues requires a unification layer to simplify the ecosystem.
Avail seeks to accelerate Web3 unification through its modular technology stack, which focuses on data availability, aggregation, and shared security. The platform’s scalable DA layer also leverages proofs of authenticity using KZG Polynomial Commitments, ensuring reliable data availability. This supports aggregations and promotes seamless ecosystem unification.
To strengthen its ecosystem, Avail has announced several strategic partnerships. One notable one is the collaboration with Ola, which focuses on zkVM technology. Together, the two parties are working to build the largest mobile ZKP validation network, OlaMassive. The partnership aims to integrate proof-of-concept validation on DA clients and develop zkVM applications within the Avail framework.
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— Avail (@AvailProject) August 29, 2024
Another key partnership with Crestal Network is to enable developers to define their DA needs based on performance. This collaboration helps developers design a scalable architecture by integrating DA when necessary. Furthermore, the alliance with Radius aims to unify Ethereum with Web3, improving user experiences through joint efforts. Additionally, the partnership with Cartesi Project integrates Avail DA-based RISC-V Linux capabilities, simplifying the development of fast and reliable decentralized applications.
4. Meme Games (MGMES)
Meme Games The MGMES project continues to attract players within the memecoin community as the only Olympic-themed cryptocurrency. With the Paris 2024 Olympic Games over, the MGMES concept continues to attract attention.
In the presale, The Meme Games has already raised over $400,000. This early interest points to potential growth for the MGMES token, which is priced at $0.0094 and is set to rise in three days. Investors can participate in the presale through the project’s website using Ethereum or BNB Chain wallets.
To ensure increased participation, The Meme Games focuses on fairness and unpredictability. Each character in the game has an equal chance of winning, which adds excitement and potential rewards for participants. Additionally, investors receive a 25% bonus on their tokens if their chosen meme athlete wins. They can also improve their chances by purchasing tokens multiple times and supporting different characters.
Furthermore, the project offers a staking option, which provides an annual return of 475%, although this rate may vary based on participation levels. Thus, staking provides an opportunity to grow holdings before MG MIS The company’s shares are scheduled to be listed on the stock exchanges on September 10. Meanwhile, the pre-sale process ends on September 8, coinciding with the closing ceremony of the Paralympic Games.
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