For the week of October 12th to 18th, we have shortlisted nine major crypto events including Bitcoin bridges, AI Integration events, DiFi Protocol updates, and token generation events. From multiple TGE launches to Vanar’s AI memory extension release, the coming week is full of important developments across the crypto world in general and blockchain sector in particular.
If you are a crypto enthusiast or an investor, these events should matter to you because these events are no gimmicks; they are real events with major impacts on project valuations. Additionally, they create multi-faceted investment opportunities for investors with a keen eye on the crypto space.
Monday October 13 – Three Major Launches
On October 13, Vanar launches its memory extension AI that it calls myMeutron. It is a Chrome extension which allows users to save and store information with various AI platforms creating a portable memory system that is compatible with ChatGPT, Claude and other AI applications. In 2024, Vanar is handling more than 12 million transactions and establishes connections with more than 100 companies, which attract the project as a player who is no longer a joke in terms of AI infrastructure.
On the same day Portal to Bitcoin goes live on mainnet. The project allows the holders of the Bitcoin to utilize their BTC in DeFi applications without wrapping or custodians. This resolves a huge weakness in BTC being unable to execute smart contracts natively, which places the market of Bitcoin (value is worth billions) largely idle due to the capital provisions of the platform (with its cap being the biggest).
Tuesday October 14 – Infrastructure and DeFi Developments and Releases
On October 14, Sandbox is releasing SANDChain testnet. The metaverse platform is developing its blockchain to support the volume of transactions done by millions of people creating, trading, and interacting with the virtual assets. As an activity on Ethereum mainnet is afflicted with speed and cost problems, a migration to a specialized chain would help mitigate them.
The same day, Fleetwood Indie commences its listing on various exchanges. Fleek has offered a company hosting and storage online, which competes with centralized solutions such as AWS. The FLK token launch is the transition of the project towards community ownership by the issuance of tokens instead of venture funding.
Monad proceeds with its Airdrop Claim Portal on October 14. Monad is an EVM based, open source, high-performance and Layer-1 blockchain that offers 10,000 transactions per second. The airdrop rewards first mover testers and community members, which is usually used to get first user bases.
Wednesday to Friday – Token Generation Events
On October 14, 375ai ends its EAT sale in CoinsList. The project is dedicated to decentralized AI infrastructure, which competes with centralized providers with AI computation and data processing.
Recall Network celebrates its Token Generation Event on October 15. At the beginning stages of the first time projects make their initial token creation and distributions, TGEs are recorded and is usually followed by exchange listings which set early market prices.
Novastro trades its TGE October 18. This time of the day is later, indicating that the project could be wishing to avoid attention rivalry with other projects launched earlier in the week.
Conclusion
The period of October 12-18 is characterized by major crypto events in the field of AI, Bitcoin DeFi, metaverse infrastructure, and various token launches. The AI memory extension of Vanar and Portal to the mainnet of the Bitcoin are functional product releases, and six TGE events generate new trading opportunities. Following every launch, investors need to do their research into the fundamentals of every project but should prioritize groups that have demonstrated real execution and market need.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/eBwRa07
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