Category: Web3

Jupiter Exchange Opens ‘Good Cat’ Applications to Recognize Key Community Contributors

January 4, 2025 – Jupiter Exchange, a prominent decentralized exchange (DEX) on the Solana blockchain, has announced the opening of applications for its ‘Good Cat’ program, aimed at recognizing and rewarding members of its community, the Jupiverse, who have made significant contributions over the past year.

Jupiter Exchange Opens 'Good Cat' Applications to Recognize Key Community Contributors

In a post on X, formerly known as Twitter, Jupiter Exchange (@JupiterExchange) launched the ‘Good Cat’ initiative with a vibrant illustration of two cats exchanging a gift, symbolizing community camaraderie and support. The applications for this recognition program are open until February, providing an opportunity for community members to showcase their involvement and dedication.

According to the announcement, a ‘Good Cat’ is defined as someone who has significantly contributed to the Jupiverse. This includes not only participation on the Jupiter platform but also active engagement across multiple community platforms such as X, Discord, Jupresearch, Reddit, and others. Whether you’re a content creator, community contributor, or developer, your efforts are set to be appreciated.

Jupiter Exchange emphasized the importance of community contributions with the statement, “Over the past year, the Jupiter community has grown across multiple platforms. We’ll be considering community contributions in all of them.” This inclusive approach ensures that various forms of engagement are valued, fostering a diverse and vibrant community ecosystem.

To apply, members must adhere to specific guidelines set by Jupiter Exchange. Applicants are required to include only links from their own contributions, ensure all contributions fall within the eligible date range of November 3, 2023, to November 2, 2024, and avoid making multiple submissions with different profiles. This structured approach aims to maintain fairness and integrity in the selection process.

Jupiter Exchange anticipates a high volume of applications, predicting “10s of thousands” of submissions, and has encouraged applicants to be accurate and consolidate their submissions to facilitate a smooth review process. The application link was provided within the post, directing interested community members to submit their contributions for consideration.

The ‘Good Cat’ program is part of Jupiter Exchange’s broader initiative to cultivate a supportive and engaged community. This follows their recent successful airdrop of JUP tokens, where token holders approved a revised proposal to ensure tokens go to “the right people who have a good chance to become long-term members” (). The airdrop is set to conclude by the ‘Catbberoal’ event in Istanbul on January 25-26, 2025.

Jupiter Exchange’s approach to community recognition highlights the platform’s commitment to rewarding genuine participation and fostering a strong, collaborative environment. With the ‘Good Cat’ applications now open, the Jupiverse community is buzzing with excitement as members prepare to highlight their contributions and potentially earn recognition for their efforts.

For more information on how to apply or what qualifies as a ‘Good Cat’ contribution, interested parties are encouraged to visit the official Good Cats application page or follow Jupiter Exchange on X for updates ().

AI Agent Ultimate Investment Research: Core Innovations Behind the Bull Market and Future Trend Analysis

Original Author: Shu Fen (@x.com)
Published on: January 2, 2025

Many have remarked that the current crypto bull market lacks innovative narratives. However, AI stands out as the most innovative and enduring core narrative. As of December 2024, the highest-yielding projects in the cryptocurrency market (excluding on-chain activities) stem from the AI sector—particularly Virtuals, boasting returns up to 23,079%.

Phrases like “Next Stop for Large Models,” “Revolutionizing Human Lifestyles,” and “Initiating a New Industrial Revolution” underscore the significance attributed to AI Agents. Both retail and institutional investors are underprepared for the current momentum and future trajectory of AI Agents. Many in my circle hadn’t paid attention until the surge, and now, faced with an overwhelming influx of information, they find it challenging to navigate. This comprehensive analysis aims to demystify AI Agents, serving as an introductory guide tailored for the crypto community.

This report is structured into three sections:
1. Fundamentals of AI Agents
2. Analysis of Prominent AI Agent Projects
3. Anticipated Applications of AI Agents in the Web3 Domain

1. Fundamentals of AI Agents

AI Agents first garnered public attention in March 2023 with the release of a project called AutoGPT. This framework leveraged large language models (LLMs) to autonomously decompose complex tasks into manageable sub-tasks and utilize tools to accomplish them.

The debut of AutoGPT was groundbreaking, marking the first instance where language processing, content creation, logical reasoning, and perceptual action technologies were applied in practical scenarios. Subsequently, OpenAI introduced a series of GPT models, prompting numerous tech companies to develop applications, platforms, development tools, and operational frameworks to establish a competitive edge in the evolving ecosystem.

What exactly is an AI Agent, and how does it function?
An “agent” refers to a representative or intermediary. In simple terms, an AI Agent is an AI-empowered representative that, unlike traditional software which passively executes commands, operates through the following workflow:
– Perception Module: Acquires input.
– LLM: Processes understanding, reasoning, and planning.
– Tool Utilization: Executes tasks.
– Feedback and Optimization: Validates and refines actions.

OpenAI defines an AI Agent as a system driven by an LLM “brain,” endowed with autonomous understanding, perception, planning, memory, and tool utilization capabilities, enabling the automated execution of complex tasks. Unlike traditional AI, AI Agents can independently think and employ tools to progressively achieve specified objectives.

Illustrative Example:
Consider experiencing symptoms of a cold. Traditional software might simply advise visiting a doctor and taking precautions. In contrast, an AI Agent could monitor your temperature and other health indicators, cross-reference online information to recommend appropriate medications, facilitate payment and home delivery, and even draft a sick leave note for the following day. This exemplifies the remarkable capabilities of AI Agents.

2. Analysis of Prominent AI Agent Projects

According to recent data from Cookie.fun, as of December 30, the total market capitalization of AI Agents has reached $11.68 billion, with a 7-day increase of nearly 39.1%. This growth trend underscores the rapid expansion of the AI Agent ecosystem within the crypto market.

Among the AI Agent surge, ai16z and Virtuals Protocol have emerged as dominant projects. Specifically, Virtuals’ ecosystem market cap stands at $5.01 billion, and ai16z at $1.63 billion, together accounting for 56.8% of the AI Agent market share.

From a blockchain distribution perspective, Base and Solana are the primary arenas for AI Agents. Base hosts AI Agent projects with a combined market cap of approximately $5.76 billion, while Solana’s stands at $5.47 billion, collectively contributing 96.1% of the overall market. Projects on other chains cumulatively hold a market cap of only $920 million.

This concentration indicates that, despite the swift rise and significant attention and capital influx into the AI Agent ecosystem, the market structure remains relatively centralized, heavily reliant on a few leading projects. The AI Agent ecosystem is still in its nascent stages.

Below is an analysis of current prominent AI Agent projects, evaluated based on three criteria:
1. Long-term Value
2. Genuine Market Demand
3. Revenue Streams

If you find certain projects absent from this list, please reassess them against these criteria. The following insights are for reference only and do not constitute financial advice.

1. Virtuals

Launched last year, Virtuals Protocol primarily establishes co-management for AI agents in gaming and entertainment. These AI agents can be tokenized via blockchain and co-managed, featuring capabilities like autonomous planning, goal achievement, environment interaction, and on-chain wallet control.

Virtuals distinguishes itself from other Web3 AI agent protocols by simplifying AI agent complexity, offering a plug-and-play solution akin to Shopify. This enables non-AI professionals to easily deploy AI agents in gaming and consumer applications, facilitating tokenization and decentralized co-management to derive protocol revenue from AI agents.

Additionally, Virtuals has developed an AI virtual idol band, AI-dol, amassing hundreds of thousands of followers on TikTok, showcasing its innovative approach.

The total token supply for Virtuals is 1 billion, fully released, distributed as follows:
– 60% held by the public
– 5% allocated to the liquidity pool
– 35% reserved for the ecosystem treasury, with a maximum annual release of 10% over three years. Currently, the ecosystem fund holds over 30% of the tokens.

Long-term Value: Virtuals addresses the pain point of non-AI professionals being unable to participate in the AI surge, boasts a solid user base, maintains transparent tokenomics, and executes effective marketing. As a leading project in the AI Agent ecosystem, its market cap has seen a continuous rise with minimal corrections, suggesting a high probability of significant adjustments in the future. Therefore, in the short term, Virtuals presents considerable risk.

2. ai16z

Despite sharing a name reminiscent of the renowned venture capital firm a16z, ai16z has no affiliation with A16Z and has not received its investment. The sole connection is the attention from a16z founder Marc Andreessen.

With a total token supply of 1.09 billion, ai16z operates as a DAO. According to core influencer Shaw, ai16z plans to launch several games based on the Eliza framework and aims to develop a practical AI Agent investment tool, DeFi AI Agent. Shaw asserts that ai16z’s goal is not to create an AI robot mimicking a16z but to outperform it in its forte—investment.

This suggests that ai16z focuses on investment model AI agents, seemingly akin to previous AI bots or Telegram bots. The question arises: Can AI truly succeed in investment? This remains uncertain. Notably, the core technology, Eliza OS, is built upon OpenAI’s capabilities with minimal additional development. Should OpenAI release its own AI agents, it is unclear how Shaw would respond.

Summary: ai16z appears to capitalize on the current AI hype, potentially offering short-term trading opportunities. However, its long-term prospects remain uncertain due to a lack of technological differentiation and reliance on existing frameworks.

3. Anticipated Applications of AI Agents in the Web3 Domain

AI Agents have the potential to significantly reshape the Web3 ecosystem, offering innovative use cases and driving adoption in various sectors. Here are some of the most promising applications:

3.1 AI-Powered DeFi Solutions

AI Agents can be utilized to optimize decentralized finance (DeFi) protocols by autonomously managing tasks like liquidity provision, yield farming, and risk assessment. They can act as personal financial advisors, tailoring investment strategies based on user preferences and market conditions.

3.2 GameFi and Virtual Economies

In the gaming and virtual worlds, AI Agents can enhance user experiences by creating intelligent NPCs (non-player characters), managing in-game economies, and facilitating player interactions. Projects like Virtuals are already paving the way for such applications, showcasing how AI can merge with entertainment and gaming.

3.3 Decentralized Autonomous Organizations (DAOs)

AI Agents could revolutionize DAO operations by automating governance tasks, analyzing community proposals, and executing smart contract decisions. This would make DAOs more efficient and accessible to broader audiences.

3.4 Personalized AI Assistants

By integrating AI Agents with blockchain technology, users can have decentralized, private AI assistants for daily tasks, such as managing wallets, tracking portfolios, or curating personalized content.

3.5 AI Agents in Social Media

AI-powered bots can provide enhanced interaction on decentralized social media platforms, moderating content, combating misinformation, and improving user engagement.

Closing Thoughts

The emergence of AI Agents represents one of the most exciting narratives in the current crypto bull market. While the ecosystem is still in its early stages, the rapid development of foundational projects like Virtuals and ai16z underscores the potential for transformative applications.

Investors and developers alike should remain cautious, as the sector is still experimental and carries inherent risks. However, for those willing to explore, AI Agents offer a glimpse into the future of Web3 and beyond.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.

Original Article by Shu Fen (@x.com)

How Should Newcomers Enter the Crypto Space in 2025?

Original Author: Gary (@OTZGary)
Published on: January 4, 2025

Newcomers to the crypto space often face two major challenges:

  1. Excessive and Disorganized Information: Opening media websites or Twitter reveals an overwhelming amount of information, much of which is difficult to understand, leading to anxiety.

  2. Useless Introductory Information: Many introductory materials either discuss outdated concepts like the metaverse or delve into technical details that most crypto professionals may never need to fully understand, such as the specifics of Bitcoin mining.

To address these issues, this article is divided into three parts to help newcomers quickly get started in the crypto space in 2025:

  1. From 0 to 1
    • 1.1 Job Entry
    • 1.2 Reading Entry
    • 1.3 Course Entry
  2. From 1 to 100
    • 2.1 Prerequisite Knowledge
    • 2.2 Four On-Chain Classics
    • 2.3 Frontline Spaces
    • 2.4 Output and Expression
  3. Daily Information
    • 3.1 Twitter
    • 3.2 Media
    • 3.3 Video

1. From 0 to 1

1.1 Job Entry

I empathize with newcomers who, due to lack of experience, often have limited choices for their first job in the crypto space, relying on referrals or mass applications. Some may even be discouraged by unsuccessful attempts. However, securing a job is indeed the fastest way to enter crypto—much quicker than self-study. Being proactive and reliable will lead to progress. Here are some personal insights for your reference:

1.2 Reading Entry

To tackle the issues of excessive information and useless introductory materials, here is a curated reading list recommended by netizens. It’s relatively recent and suitable for beginners to self-study and understand, with many Bitcoin-related contents:

Note: The authors are hosts of the podcast “Day1Global Born Global,” which is also recommended:
https://www.xiaoyuzhoufm.com/podcast/6406cd

1.3 Course Entry

For those who enjoy structured learning, here are two recommended courses, one in Chinese and one in English, both with a technical focus:

2. From 1 to 100

The growth path in the crypto space generally follows two routes: the “Qi” route and the “Sword” route. The “Qi” route involves following the right path and people, gradually accessing higher resources and circles. The “Sword” route focuses on mastering secondary/on-chain skills, navigating the market independently to create wealth. Of course, one can pursue both. Here are some introductory resources for the on-chain “Sword” route:

2.1 Prerequisite Knowledge

Safety first on any path:

2.2 Four On-Chain Classics

2.3 Frontline Spaces

2.4 Output and Expression

Engaging in public learning is beneficial. Both your Twitter activity and wallet serve as your resume in the crypto space. There are basic rules to follow on Twitter; recommended reading:

3. Daily Information

3.1 Twitter

Twitter is the primary source for daily information in the crypto space. Here are some top Chinese-speaking industry KOLs to follow for daily beta insights:

  • @Phyrex_Ni
  • @BTW0205
  • @jason_chen998
  • @SEFATUBA3

(More 2025 KOLs to be updated and categorized later)

3.2 Media

While the quality of content on Crypto Twitter varies, media outlets maintain consistent quality. The best Chinese crypto media is BlockBeats:

3.3 Video

Videos may lack immediacy but offer easy information access. Recommended daily update channel:

Closing Remarks

The crypto space is filled with opportunities and challenges. As a newcomer in 2025, your success will depend on your ability to absorb knowledge, build meaningful connections, and navigate the ever-changing landscape of blockchain and cryptocurrency.

While this guide provides a starting point, always remember that the crypto space evolves rapidly. Staying adaptable and curious is key to long-term success.

Good luck, and welcome to the world of crypto!

Original Thread by Gary (@OTZGary)
Compiled and Translated by [Your Name]

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner’s Guide)

Original Author: Biteye Core Contributor Viee
Original Editor: Biteye Core Contributor Crush
Published on: November 20, 2024

Recently, on-chain activity has surged, with mascot-themed coins skyrocketing by 60,000% and the rise of DeSci narratives. Meme coins have become the dark horse of this bull market!

On-chain operations can be complex. In this tutorial, Biteye will guide beginners step-by-step on using GMGN to engage with Meme coins!

A more advanced guide will follow; stay tuned.

This article focuses on new launches, teaching you how to find, analyze, and trade newly listed Meme coins.

1. Discovering New Meme Coins

1.1 Using GMGN’s Discover Feature

GMGN provides a “Discover” feature that allows users to find newly created tokens on various chains:

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner's Guide)

1.2 Following Smart Money

By following wallets labeled as “Smart Money,” you can receive real-time notifications of their activities, including buys, sells, and position changes. GMGN also offers Telegram integration for instant alerts.

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner's Guide)

When choosing wallets to follow, consider your trading habits to avoid information overload. It’s advisable to track wallets that align with your style to ensure efficient information flow.

Note: Always check contract security, as some smart money may invest without thorough contract verification.

2. Analyzing Meme Coins

2.1 Information Sources

  • Twitter Monitoring: Follow various Meme coin-related KOL accounts and join discussion groups to stay updated.
  • On-Chain Monitoring: Keep an eye on tokens transitioning from small markets (inner markets) to larger ones (outer markets) and assess their investment potential.

GMGN categorizes tokens into three types:

  1. Newly created inner market tokens (highest risk)
  2. Tokens nearing inner market cap limits
  3. Tokens that have entered outer markets (lower risk)

Inner Market vs. Outer Market:

  • Inner Market: Before reaching a market cap of $69,000, tokens are in the inner market, representing an early and high-risk stage.
  • Outer Market: After surpassing $69,000 and adding liquidity to platforms like Raydium, tokens enter the outer market, indicating further development and reduced risk.

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner's Guide)

It’s recommended to focus on tokens that have entered the outer market. While still risky, they are relatively safer for beginners and may offer substantial profit potential.

Caution: Entry into the outer market doesn’t guarantee price appreciation. Many tokens plummet post-listing; always exercise caution!

2.2 Case Studies

  • $SLERF: The founder accidentally burned liquidity pool tokens, airdrop reserves, and minted tokens, sparking bullish sentiment and rapid exchange listings.
  • $BITCAT: Amidst growing interest in “mascot” concepts, Bitcoin’s official Twitter posted a black cat image, leading to speculation about a Bitcoin mascot. The related token, $BITCAT, surged from a market cap of hundreds of thousands to $100 million within three hours, later stabilizing around $50 million.

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner's Guide)

Recommendations:

  • Early Entry: Ideal at market caps of a few hundred thousand. Avoid chasing highs above $10 million to prevent being trapped.
  • Post-Drop Entry: If confident in the narrative’s longevity, consider entering after an 80% price drop to mitigate risk.

3. Trading Meme Coins

3.1 Using GMGN’s Trading Interface

GMGN’s trading interface offers several features:

  • Contract Verification: Check for potential issues like developer privileges or blacklists.
  • Transaction Monitoring: View metrics such as transaction volume, liquidity, minting data, and blacklist status.
  • Anti-MEV Protection: Enable anti-MEV mode to prevent sandwich attacks.
  • Slippage Settings: Adjust slippage tolerance to balance transaction speed and price accuracy.

Overnight 100x? How to Use GMGN to Navigate Meme Coins (Beginner's Guide)

Note: Higher slippage increases transaction speed but may lead to less favorable prices. Typically, a 0.5% slippage is sufficient; during high volatility, consider increasing it to 10%.

4. Risk Disclaimer

Every day, hundreds of Meme coins emerge, with most destined to fail. The chances of finding a “golden dog” (tokens reaching tens or hundreds of millions in market cap) are slim, let alone those listing on major exchanges.

In summary, higher returns come with higher risks. Please take responsibility for your investments!

How to connect phantom wallet to gmgn.ai

How to Connect Your Phantom Wallet to the GMGN Website
This article explains how to connect your Phantom wallet to the GMGN website, based on a video by HowTo Edu (the original video link has been removed as it was no longer valid).

Here are the steps:

Visit the GMGN Website and Click the “Connect” Button:

Navigate to the GMGN website in your web browser. Look for a button labeled “Connect,” “Connect Wallet,” or something similar, usually located in the top right corner or prominently displayed on the homepage.

How to connect phantom wallet to gmgn.ai

Select “Login with Wallet” or Similar:

After clicking “Connect,” a pop-up or dropdown menu should appear, presenting different connection options. Choose the option that says “Login with Wallet,” “Connect with Wallet,” or a similar phrase.

How to connect phantom wallet to gmgn.ai

(Hypothetical Screenshot: A screenshot showing a pop-up window with options like “MetaMask,” “WalletConnect,” and “Phantom,” with “Phantom” highlighted.)

Choose Phantom Wallet from the Options:
From the list of available wallets, select “Phantom.”

How to connect phantom wallet to gmgn.ai

Enter Your Wallet Password:

Your Phantom wallet extension should open (either as a pop-up or in a new tab). You will be prompted to enter your Phantom wallet password to authorize the connection.

Confirm the Connection:

After entering your password, Phantom will ask you to confirm that you want to connect your wallet to the GMGN website. Click the “Connect,” “Approve,” or similar confirmation button.

Once the connection is successful, your Phantom wallet will be linked to the GMGN website. You should see your wallet address displayed on the GMGN website, or you may be able to access features that require a connected wallet.

Important Note: Make sure you have pop-ups enabled in your browser for the GMGN website, as the connection process often involves pop-up windows.

Troubleshooting:

If the connection fails: Double-check that you have the Phantom wallet extension installed and that it’s up-to-date. Also, ensure you are on the correct GMGN website (watch out for phishing sites).

If you can’t find the “Connect” button: Look for it in different areas of the website. Sometimes it might be hidden in a menu or require you to navigate to a specific page.

If you continue to have problems, consult GMGN’s official documentation or support channels for further assistance.