OpenAI, a pacesetter in synthetic intelligence (AI) growth, has acquired a major $1.5 billion funding from SoftBank, sparking renewed curiosity in AI-driven cryptocurrencies.
In the meantime, a brand new participant is rising within the crypto AI area: iDEGEN, an modern community-powered AI mission. With dynamic pricing and decentralized management, iDEGEN guarantees to reinvent how AI interacts with crypto communities.
SoftBank’s $1.5B funding in OpenAI
On November 27, OpenAI introduced it had secured a monumental $1.5 billion funding from SoftBank, a number one multinational funding agency.
This deal was a part of a young provide that enables OpenAI workers to promote shares, with SoftBank changing into a serious stakeholder within the firm. The tender provide not solely supplies liquidity for workers but additionally solidifies SoftBank’s dedication to the way forward for synthetic intelligence.
As AI applied sciences proceed to mature, OpenAI has emerged as a central participant within the area, with its flagship tasks like GPT-3 and DALL·E influencing industries worldwide.
The $1.5 billion deal additional elevates OpenAI’s valuation, anticipated to exceed $157 billion, fueling hypothesis on how this can affect the broader AI ecosystem.
As a direct results of following the information of the SoftBank funding, the costs of AI-related cryptocurrencies similar to Close to Protocol (NEAR), Web Laptop (ICP), Bittensor (TAO), and Injective (INJ) have seen important rebounds.
Market fanatics are optimistic that AI cash might see a sustained rally, benefiting from the ripple results of OpenAI’s rising affect and SoftBank’s endorsement.
What’s iDEGEN?
Whereas OpenAI is securing its place within the AI business, one other mission is making waves within the cryptocurrency area: iDEGEN. This AI-powered crypto mission, born out of the chaos of meme tradition, is revolutionizing the way in which AI interacts with crypto communities.
In contrast to conventional AI fashions, iDEGEN evolves by way of interactions on X (previously Twitter), the place customers can feed its information by way of tweets, tags, and feedback. Each X put up shapes iDEGEN’s understanding of the world, making it a dwelling, respiratory, and unpredictable entity.
What units iDEGEN aside is its community-driven method. The AI learns from the unfiltered ideas and opinions of crypto fanatics, absorbing the tradition of memes, trolling, and crypto insanity.
The mission’s motto, “shaped by the community,” underpins its core philosophy: iDEGEN is not only a token; it’s an AI that grows and adapts based mostly on the contributions of its followers.
At present, the iDEGEN mission is within the midst of the presale of its native token $IDGN token, which includes a dynamic pricing public sale system.
In contrast to conventional fixed-price token gross sales, iDEGEN’s presale value adjusts each 5 minutes based mostly on market exercise.
If an investor buys $IDGN tokens inside 5 minutes, the worth stays regular for the following interval. Nevertheless, if purchases happen consecutively, the worth of $IDGN rises by 5%. Conversely, if there’s no exercise throughout the 5 minutes, the worth of $IDGN drops by 5%.
This real-time value fluctuation mirrors the unpredictability of the crypto market itself, creating a singular and thrilling expertise for early traders.
At press time, the iDEGEN presale had raised near $1M, with over 330 million tokens offered. The presale is predicted to proceed till January 1, 2025, when the token will checklist on main exchanges.
The way forward for AI and crypto as OpenAI and iDEGEN lead the market
OpenAI’s $1.5 billion funding from SoftBank indicators the rising potential of AI applied sciences and their affect on the crypto area, whereas iDEGEN represents a paradigm shift in how AI will be built-in into the world of cryptocurrency.
By empowering communities to form its evolution, iDEGEN is pushing the boundaries of what a decentralized AI mission can obtain.
iDEGEN’s presale success and modern token mannequin spotlight a rising pattern of community-driven initiatives that would reshape each the AI and crypto industries within the years to return.
With main gamers like OpenAI and groundbreaking tasks like iDEGEN main the cost, the way forward for this dynamic sector seems extremely promising.
