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Beating bear market by using an AI driven hedgefund
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Isn’t SDAO facilitating token launches for the SNET ecosystem? That is already a good amount of utility.
Possibly one of the biggest sleepers in DeFi right now.. Sustainable model where the alpha generated from the AI trading gives rewards back to the DAO for members and project.. around 70m mktcap, also a launchpad for vetted projects to no rugpulls, and projects align with the SNET vision so everyone benefits. The AI is only in basic mode as well and its up 20% in bitcoin compared to just holding bitcoin - seems like a bit of a no-brainer to me 100m total supply as well
Wow, good questions! There are a lot of mesh networks in existence around the world. SNET, Freifunk, Guifi to name a few. What most of them have in common is that there's someone relatively central to the network solving technical issues. The other issue is that these networks typically run on something like BATMAN, BGP, HSLS, OLSR, or BABEL, which work quite well but fail spectacularly if there's a malicious, or even faulty node. These things are just difficult to scale, that's not to say that everything needs to scale, but when someone doesn't have any internet access, "small is beautiful" isn't a very respectful answer. The model we're going for here is one where nodes do not actually need to trust one another. Cjdns already deals quite nicely with a malicious router, it's very limited what they can do. The second part of this is making it so that there are actual networking experts who least bandwidth from the individuals operating the hardware, so that then these experts can turn that bandwidth around and offer internet access to their customers, over that mesh. Uber for bandwidth? Cliché, I know. Will the tech get cheap enough? I think so. Economies of scale are a thing. Where will it first gain a foothold is a really good question. What we're trying to do for right now is make a device where people can just share access to the network using their regular internet connection, and then once people start doing that, then we can expand that to sharing the access of someone who is sharing the access with them. Kind of backing into a mesh network...
SDAO - Governance token for SNET AI controlled crypto hedge fund. Launchpad first launch generated $2M in 90 seconds. First multi token basket (dynaset) to begin trading in December.
Yeah of course they had to create their tokens on Cardano or else how this would be a migration? From the beginning Ben said some small part of their project will be kept in ETH and now users will have the ability to swap AGI by AGIx if they want or use both. They cannot advance with SNET with ETH scalability issues and using Solidarity, they require a more robust chain and have even start the creation of a AÍ DSL based on Haskell
I was watching the charts last month and saw SNET pumping. I bought quickly for the hell of it and then sold without greed getting in the way. Netted a 600% return.
yeah SNET. Seems to me its just as underappreciated as ADA if not significantly more so. Personally think that the ADA partnership its going to set off a series of extremely bullish events for both projects. Going to be really interesting when their DEFI stuff rolls out later this year. Wont be surprised to see AGI hit 10$+ in 2-4years. Particularly given that something like 3 weeks ago they came out saying that working with IOHK to create their A.I ecosystem is going to result in trillions of API calls. https://np.reddit.com/r/SingularityNet/comments/7t3yzi/my_analysis_of_singularitynet/?utm_source=share&utm_medium=web2x&context=3