PAI

stephe_w

Great one for PAI, got in at 200K. Brilliant project and devs constantly delivering 🟪

wiz-weird

Well there’s the USDC stablecoin on Solana which apparently Visa will be utilizing somehow: https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html For a more decentralized stablecoin, there’s PAI, which is like DAI where you can mint it using SOL as collateral. I’m not sure if PAI is as rigorously reliable as DAI though but it seems very popular. Still some level of risk with such things though. Tether is on Solana too.

coinfeeds-bot

tldr; The Parrot Protocol team is considering a "rage quit" of the project, which would result in a $47.5 million payday for the team. This has angered investors who feel deceived by the team's actions. The project, based on the Solana blockchain, raised $90 million in funding, with $47.5 million potentially going to the team. This leaves investors with only $27 million to share among themselves. The team has been accused of misusing funds and not benefiting token holders. The vote to liquidate the treasury and distribute the funds to token holders is the first-ever vote in the project's history. The redemption process will begin soon, and investors may lose about 80% of their original investments. After the liquidation, the project plans to transition to a no-token protocol and operate as a lending market with its stablecoin called Parrot USD or PAI. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

JacoboDelgado

I don't believe I've heard of that stock, so I'm curious what $PAI stands for.

Baccatelaurel403

Your probably right with that statement  It's more about creating your own AI companion than about the currency tho. PAI coins have been issued today that's probably why you didn't catch up with this yet. Check out the website you might like the concept:)

tittywagon

So, I see you have some capital gains losses last year you're hoping to write off. What does $PAI stand for, I don't think I've heard of that stock...

MinimalGravitas

Fellow Brit, yea it's pretty dire here, but like you say, definitely worse for many others. Anyway, if you're interested in this side of things: > I truly believe some of it's uses cases, from the minor to the major, can improve the world no end. I highly recommend the Green Pill podcast with Kevin Owocki. Every episode is an interview with someone in crypto who is focused on building positive externalities, such as decentralized identity, retroactive public goods funding etc. https://availableon.com/greenpill Some of the best discussions are with: Glen Weyl Simona Pop Daniel Schmachtenberger Vitalik Buterin Karl Floersch I know this comes across as a ridiculous shill, but I don't have big bags of podcast investment or anything, I just find this side of crypto by far the most interesting and so get excited to share it with others! 'Number go up' is obviously nice and everything, but I don't think that making some early investors more wealth is anywhere near the biggest impact crypto will have in the long run. Ultimately [my hope](https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow) is that it really will be the tool we use to slay Moloch and cooperate on a global scale to overcome the challenge of climate change and any other oncoming Great Filters that we face as a species.

Lee911123

If crypto were to disappear tomorrow, it would certainly cause an economic collapse as $1 Trillion dollars get wiped away. *Gone. Poof.* Some people out there do use crypto as a form of payment, and some also making a living off crypto education, but the people trading and gambling could just go back to pink sheets or the casino. One good thing about crypto is that it’s easier to send money across borders without paying extremely high fees. *not talking about you eth* And projects like *not naming cuz I’m not sure if I’ll get a warning for shilling* are incentivizing users for f@h, and contributing to medicine and fighting diseases like Covid and Cancer. And another project recently proposed the idea of Proof of useful mining, which contributes to the development of AI and machine learning. ^(Source: https://www.projectpai.com/assets/files/pouw/PAI_PoUW_Summary_English.pdf)

LGNDS_Crypto

They are related as they both deal with a.I. I think the a.I field will be a big deal sooner than later. Fetch, singularity, ocean, numerai, and project PAI are all in the a.I. category all with their own unique niche.

kyngineer

PAI token for Solana and UST for LUNA seem to be picking up well.

Missi0nP0ssible

Go to Parrot.fi and mint PAI from the USDC+earn vault. Next, Go to Mercurial Finance and place it into the UST 3Pool; you need to swap PAI to USDT first. Then go back to Parrot.fi and mint PAI with your Mercurial UST 3Pool tokens. Now go back to Mercurial and deposit USDT in the PAI 3pool (again, swap PAI for USDT first). Deposit all MER rewards into port.finance and Luna rewards into Saber. When you need the 500 dollars back don't forget to pay of the PAI on Parrot first.

LGNDS_Crypto

I think AI crypto has big potential in the future. And there are plenty of coins in this space that are outside the top 100. Take a look at FET, OCEAN, AGIX,NMR, and PAI. I hold FET, but the others seem promising too.

Tiny_Caregiver_8465

PAI

dongamk

$EXM (Eximchain) seemed pretty good when it launched. Well, it seems dead now. Besides, $PAI looks promising and $PHNX exhibits good growth.

dongamk

PAI is burning monthly. The last time I checked, $AXPR is on the edge.