Autonomous Economic Agents - the future of Crypto and AI?

🧵 Intro

Spent some time looking into how crypto and AI might interact with each other going forward.

It can sound dystopian pretty quickly but the main hope seems to be around the idea of Autonomous Economic Agents.

Why are we ripping?

1/ 🧵 2/ Theoretical Bull Case

- Rates are about to giga rip
- All deposits at SVB are protected
- Gov creates $100bn+ TARP style response for other banks
- Fractional banking + bailouts show system failing again
- BTC + ETH win as decentralised stores of value + given lower rates

WTF is @akidcalledbeast ?

Explained by @DegenzNFT 🧵

1/ 2/ Overview:

a KID called Beast (AKCB) is a collection of 10,000 unique, 3D, AR-ready NFTs.

The project combines art with augmented reality spread across various social media and social community platforms to promote art and experiences.

We have interviewed 10 top risk-takers so far on @rektradio_.

Here are my top 5 takeaways 🧵 1. Risk management is everything

No one is able to make it consistently with YOLOs. Build a portfolio of safe, risky and super risky bets. Try to build in some underlying yield. Always have liquidity to buy dips/fear. You never want to be a forced seller.

TLDR on the Trial of Jimmy the Monkey mint?

Explained by @DegenzNFT 🧵

1/ 2/ Summary:

The Trial of Jimmy the Monkey is a skill-based mint game from @yugalabs.

Dookey Dash will be an “endless runner” style web-browser-based game where the goal is to survive in as long as possible whilst collecting rare fragments and destroying obstacles.

TOP 30 NFT MOMENTS THIS YEAR

🚀🚀🚀WAGMI NEWS 🚀🚀🚀

(IN NO PARTICULAR ORDER) 2/

@beeple The First 5000 Days sells for $69m

@Nike buy @RTFKTstudios after CloneX drop

@BoredApeYC sells out in May after @pranksy mints 250

@XCOPYART breaks @SuperRare record twice with Death Dip (1000ETH), Right-click and Save-as guy (1600ETH)

@AxieInfinity $AXS tops 160

WHAT HAPPENED THE LAST TWO DAYS IN NFTs?

🚀🚀🚀WAGMI NEWS🚀🚀🚀
#wagminews #apefollowape #gm

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- Quiet few days for art, set to be 4th biggest month
- $RARE stable at 1.1, $ASH 37
- Highest sales for @RikOostenbroek 29 @FilipHodas 28
- 10+ @VanArman 14 @iammoteh 10
- Sales pick up on @artblocks_io to $2m/day, Fidenza floor up to 80
- 17 artists showcased by @DappRadar

WHAT HAPPENED THE LAST TWO DAYS IN NFTs?

🚀🚀🚀WAGMI NEWS🚀🚀🚀
#wagminews #apefollowape #gm

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- Art volumes stay healthy, $RARE drops to 1
- Multiple @XCOPYART Blueprints sell 10+, @Coldie public drop @AsyncArt today
- Highest sale for @ArchanNair 43
- 10+ @beeple 18 @Tungsten_DAO 14 @Hackatao 12 @NeuralBricolage 12, 10 @bigcomicart 10 @tylershields 10 @JakNFT 10

WHAT HAPPENED THE LAST TWO DAYS IN NFTs?

🚀🚀🚀WAGMI NEWS🚀🚀🚀
#wagminews #apefollowape #gm

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- @SuperRare volumes slow, still set for biggest month
- @XCOPYART, @Coldie, @money_alotta Blueprints on @AsyncArt
- Highest sale @DrifterShoots 20
- 10+ @whatisrealart 14 @fewocious 11 @bottoproject 10 @ben_zank 10
- @artblocks_io floors -20-40% this week, Getijde active

WHAT HAPPENED THE LAST TWO DAYS IN NFTs?

🚀🚀🚀WAGMI NEWS🚀🚀🚀

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- Highest sale for @Coldie 189
- @RealRossU piece 666 bid with 4 days left
- $RARE down to 1.3, $ASH 38
- Last day for @muratpak merge drop on @niftygateway, 260k mass sales
- 10+ @visualisevalue 17 @SuperTrip64 16 @muratpak 15 @thesarahshow 15
@mottagio1971 13 @thisREO 12

WHAT HAPPENED THE LAST TWO DAYS IN NFTs?

ART (1/2)
- A number of auctions end this week on @SuperRare to tie in with Art Basel, $RARE down to 1.7
- #SuperRareMonolith in Miami, @refikanadol installation on the beach
- @muratpak Merge drop on @niftygateway, $ASH down to 38 ART (2/2)
- Highest sales for @XCOPYART 50 @driftershoots 25
- 10+ breakfast 18 @visualisevalue 16
@SuperTrip64 16 @Vince_Van_Dough 15
@RyosukeKosuge 15 @tonybabel 15
@mottagio1971 13 @WhIsBe 11
- @artblocks_io Meridian sale at 80, Fidenza 99, floors stable