There's a Crypto AI startup that many may not have heard about (yet).

But will very soon because they're doing incredible things in AI.

Here's what @Mira_Network is up to: Trust is the foundation of any great AI product.

Users must trust that AI outputs are accurate, unbiased, and helpful. Otherwise, they will churn and stop using your AI app.

Verifications = Trust

2/x

Pssst... have you heard? These AI agents can actually make you money.

Here's how @Almanak__ does it: 👇🧵 First, let's look at quant trading.

If there’s one name that embodies quant trading's success, it’s the Medallion Fund, founded by James Simons (the “Quant King")

66% annual returns before fees (39% after fees) with only one negative year in its history. Mindblowing.

2/x

Everyone's focused on AI agent memecoins right now.

But one other AI project has me genuinely excited... and is still flying under the radar.

That's @ARCAgents — pioneering the AI-driven future of online gaming.

Here's why it's about to make waves very soon: Many Web3 & indie games struggle with the “cold start” problem—too few players for quick matchmaking or thriving communities. They don’t have large marketing budgets.

This results in long wait times, mismatched opponents, and high churn.

These games often end up in a slow, painful death. RIP.

We wrote 2,941 words on @autonolas, summarizing our weeks of research.

TL;DR: The future belongs to a billion AI agents.

As AI agents scale and use cases explode, the Olas growth flywheel kicks in and propels it to new heights.

A few quick points: 👇🧵 Olas's bold mission is to unleash an ocean of autonomous AI agents, owned by users like you & me.

They've built a robust framework for decentralised multi-agent economies to thrive

We haven't seen an up-to-date report on their progress since the hype earlier in the year, so we rolled up our sleeves and did it ourselves

2/x

Crypto AI = Vaporware?

Many think Crypto AI is at the peak of inflated expectations. Several protocols are at $1B+ valuations.

I disagree. The peak is still far off.

We're headed towards an infinite future: 👇🧵 The consensus view underestimates the sheer scale of the opportunity ahead. We haven’t hit mania territory.

Ask around—how many people really understand Bittensor?

I believe it'll be another 1–2 years+ before we see a true peak in Crypto AI.

Every decade brings transformative investment opportunities that seem foolish—only to later prove visionary.

Many are fading crypto AI.

But after countless hours of deep thinking, I'm convinced it is such a massive underdog opportunity.

So I wrote out my thesis: Savvy investors and founders always want to be riding the waves of change.

To catch the biggest waves, we need to look for places where multiple major currents converge.

This means identifying huge secular technology trends

The countdown has begun.

$2B+ in TVL gets unlocked on @Blast_L2's mainnet launch today.

Here are the most useful threads I've found on Blast (+my personal thoughts): Earlier, Blast held a 'Big Bang' competition for new projects launching on Blast.

There were 47 winners out of 3,000+ teams.

@jenndefer breaks down the 'Big Bang' winners in this extremely informative video. I learned a lot.

https://x.com/jenndefer/status/1761842745080258763?s=20

Blur gets dunked on a lot.

Token price is down only. Haters are out in droves.

But herein lies the opportunity.

Let me describe exactly what I'm watching for.. 👇 Many @blur_io takes are focused on where it is today.

But I think it's important to pay attention to the future.

There are 3 positive catalysts ahead that could rekindle interest in a big way.
/3

The killer feature that hooked me onto Bitcoin Ordinals: Recursion.

When I finally understood Recursive Ordinals, it blew me away.

I'll tell you all you need to know in a few tweets, and why it's a game-changer: 👇 2/ Before Recursion, Ordinals were like islands - isolated and limited.

You could inscribe text, images, and code, but they couldn’t interact with each other.

tbh that wasn't too interesting to me.

Vietnam has the highest crypto adoption rate in the world.

A 98M population country, with almost 50% of people having used crypto before.

A few things I've learned from my trip to Vietnam 🧵👇 2/ When you're in Vietnam, there's an energy, vibrancy that you feel.

People are young and willing to hustle.

Language is still a barrier, but locals who can converse well in English will go very far internationally.

Everyone's talking about The Goose.

It's the Mona Lisa of NFTs.

Here's why, and everything about yesterday's landmark $6.2M sale: 🧵👇 2/ The Mona Lisa, with her enigmatic smile and timeless allure, has become more than just a masterpiece of Renaissance art.

She's a symbol, a beacon of artistic achievement that transcends cultures and time.

Spent an extraordinary amount of time in NFT finance this year (research, working with teams etc).

Firmly believe that the sector is poised for explosive growth.

But founders are in a difficult spot now.

My weekend thoughts on what's going to happen next: (1/21) 2/ The total addressable market for NFT finance (lending as the backbone) is small and shrinking today

On eth, there are ~69,000 weekly NFT traders: a proxy for potential NFT lending users today (I will explain why in a substack post)

It's dropped 60% from January this year.

"Solana Summer" might be late, but it's in full swing in 2023!

The @solana NFT ecosystem is flourishing, with new protocols launching tokens and NFT floor prices on the rise.

Here's why, and what we're excited about (Part I): @solana 2/ As we delved into earlier this year, @solana is now the second-largest NFT ecosystem, just behind Ethereum.

We predict robust NFT development & trading activity on Solana throughout 2023.

Why selecting the right distribution model can make or break your NFT project.

(And how you should be thinking about it)

// THREAD // 2/ Unlike fungible tokens that govern a separate product, NFTs are often the product themselves (e.g. art)

Supply and demand have to match, a prerequisite for stable and rising prices.

A large mismatch in supply and demand results in price volatility and an unhappy community

AI art has been booming, with some NFTs selling for 5-digit sums.

It's a $75M industry today that could easily expand to $10B+

One AI project especially caught my eye. Here's why:

(1/14) 2/ With the ability to create original pieces indistinguishable from human artists, generative AI is opening up new possibilities for creativity

BUT instead of just collecting AI art, what if you could own the AI artist instead? 🤔

I spent hours this weekend digesting @davidzhorvath 's substack. It's an absolute gem.

Made me completely rethink my thesis around NFTs, especially PFPs.

Here's why, and my key takeaways: 🧵 FYI David Horvath is the creator of the well-known @uglydolls characters, an enduring brand of 20+ years.

And more recently, Bossy Bears — now a Nickelodeon series.

***Below are notes I took while reading his blog, interspersed with my own interpretation/thoughts

/2

Took some time to curate the February NFT highlights.

A quick recap of the key trends worth paying attention to 👇 2/ Highlight for Feb was the launch of BLUR, intensifying the fight between @blur_io & OpenSea ⚔️

- $240M+ worth of tokens were airdropped to 110,000 recipients
- Kicks off bid farming craze
- Highest level of liquidity for NFTs, ever

@opensea responded by lowering fees to 0%

Seeing a lot of takes on how @blur_io is eating up OpenSea / Blur has the best product / @opensea is going to 0

I don't think so. Many arguments are flawed.

Here's why: 👇 2/ BTW, I have deep respect for @blur_io & @PacmanBlur's execution . They've gone from nothing to hero in the short span of a few months.

There's lots to be excited about.

My aim is to steel-man counter-points to balance out CT's views

The Blur airdrop, Bitcoin NFTs & Open Edition meta show how everyone has the chance to make it in the NFT space, as long as you pay attention and stay engaged.

My thoughts on Blur & what I'm personally doing: 2/ Marketplaces are great businesses and make good money no matter what the flavor of the month is for NFTs.

If you believe that NFTs will be a $1T+ asset market in the future, owning a piece of the top marketplaces makes a lot of sense.

I wasn't a huge fan of Solana NFTs

But over the past few weeks, I spent a lot of time immersed in the @solana NFT ecosystem and it has changed my views.

Here's what convinced me that it will grow and thrive: 🧵👇 2/ Solana has grown significantly, doubling from 6% to 14% of total NFT sales volume in less than a year.

NFT sales volume on @solana has significantly outperformed chains like Ronin, Avalanche, and Flow, which were hot a year ago

Happy weekend, my frens — it's time again 🥳

Identifying narratives, gaming, fashion & more

My top 10 list of must-read NFT tweets/threads from this week (12 Feb): 1) @1kxnetwork shows how NFT lending is still largely retail-driven and concentrated in a few top collections

https://twitter.com/1kxnetwork/status/1623362988693499904