PAI

wagglyears

AI coins IMO will pump hard if this bull run gets going DSYNC, GPU, PALM, PIN, PAI

RepulsiveLimit3052

Parallel AI (PAI), Reploy AI (RAI), zKML.

MinimalGravitas

Always happy to see that referenced by someone else, it was the basis for my 'what it means to win' scenario back in 2022 - https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow - if you're interested - or https://youtu.be/VKHmtc-2iVM?si=HJGvqhaGIF4EXn48 if you prefer to listen rather than read.

MinimalGravitas

I think what you're kinda talking about is using the tech to solve human coordination failures. This is an idea that has been motivating quite a lot of the longer term crypto builders and enthusiasts for a long time, and for over 4 years has been broadly labeled 'Slaying Moloch'. 'Moloch' was a mythological god back in the bronze age whose followers sacrificed their children to it, and has become shorthand for the kind of net negative things (like *"polluting a river, tearing down a forest, or, say, displacing an entire population from their residences."*) that we end up doing, even though they objectively make things worse for everyone). Anyway, if you're interested then a really good place to start is this Bankless episode: https://youtu.be/903tHM4RA9k?si=j8ONN8ypPGxU5PT5 To be clear, this isn't a particular project or token that you should buy or whatever, but I got the vibe from your post that (unlike most people here) you were genuinely interested in the idea of using this technology to think of and build things to make the world better, and I think this video does a really good job of outlining one of the biggest problems that crypto has the capacity to solve, how do we avoid the 'Tragedy of the Commons', 'the Prisoner's Dilemma, etc etc. Once you've watched that, if you are still interested then one of the people interviewed, Kevin Owocki, has since gone on to found a movement called 'Green Pill'. They have a few books on the topic that you can read for free, a network that you can join, and perhaps most interestingly for you, a long running podcast series that interviews developers, philosophers, community leaders etc who are all working to build public goods. The first few episodes with people like Vitalik Buterin, Karl Floersch, Simona Pop, Glen Wyle are really great and so I would suggest starting at the beginning! https://greenpill.network/ So yea, not exactly what you were talking about, but I really think you will find some of that interesting. It's what kept me active crypto through the last bear market, and it's why I now spend a few days each year assessing and distributing funds to worthy causes through Optimism's Retroactive Public Goods Funding rounds as a Citizen; and through Octant's funding rounds and have probably donated more through Gitcoin's Quadratic Funding rounds than I have invested fiat into crypto. In my opinion, this kind of thing is how we actually 'win', not by chasing individual profits and fighting in zero-sum games, but by building a future that is actually better: https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow

MinimalGravitas

I wrote a piece a couple of years ago on 'What it means to win'. The answer ultimately is that humanity needs a new coordination layer to allow us to beat the global scale threats we currently face (such as climate change). A trustless, permissionless, universal ledger will let entities such as nation states that compete or even hate each other, nevertheless work together for common goals without needing to rely on each other's honesty or agree on an unbiased 3rd party arbitrator. All the stuff about making money is just a nice side-benefit to the real goal. To paraphrase a > …you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, ... [ **you slay Moloch.** ] It got turned into a video a year later so you can listen or read as you prefer: Listen/watch - https://www.youtube.com/watch?v=VKHmtc-2iVM Read - https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow

MinimalGravitas

I wrote a piece about this a couple of years ago, but basically I think it comes down to public goods funding. Eventually more value will be available to allocate through onchain based mechanisms than through nation state taxes. This will first happen with regards to global issues like climate change, and once people get used to coordinating to direct money to where it is needed using things like retroPGF and quadratic funding mechanisms then the legacy governments will just become increasingly irrelevant, in the same way that monarchies now exist just as ceremonial figureheads in the modern world. https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow

MinimalGravitas

> Tokenization of traditional assets is not going to happen overnight. Sure, I agree that it will take time, but investing is about playing the long game. I've got no intention of selling in the near term, so if it takes another decade that doesn't really matter. The important thing is that it is starting, and it's happening on a chain that runs on a $400 machine in my living room. In fact, even bringing the traditional financial system on-chain isn't the ultimate end goal.... [what it means to win](https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow).

MinimalGravitas

Nation-states aren't going to abandon their currency for the exact reasons you have laid out. Adoption will come as the entire financial system is updated and moves onchain. Head of digital assets research at Van Eck (a global investment manager with about $100B of assets under management) tweeted this yesterday: > Blackrock CIO of ETF & Index Investments @Samaraepcohen said today at the Coinbase event that permissioned blockchains have lost, & that **traditional market participants are coalescing around open-source Ethereum for tokenization,** so as not to fragment liquidity https://x.com/matthew_sigel/status/1801342560977190937 It's happening and the fact that there is so little discussion of it in this sub is quite amusing. People are excited about the ETH spot ETFs, but that is small potatoes compared to the biggest financial institutions building their products on crypto rails. --- If you'll forgive the self promotion and want my vision of what adoption will mean you can [read](https://mirror.xyz/minimalgravitas.eth/kbcy3Z4NAcmiECs_6PAI7xo0wIZXLtLtwIAmKRwuwow) or [listen](https://youtu.be/VKHmtc-2iVM) to a piece I wrote in April 2022 on 'What it means to win'. The numbers are outdated, but my overall opinion hasn't changed, both in terms of what I think will happen and why I want those outcomes.

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.