2026-04-17 Sexta

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Sentient Announces Token Economics, How Will the Market Price It?

Sentient, an open-source AI platform focused on building an open, monetized, and verifiable Artificial General Intelligence (AGI) economy, has released the tokenomics for its native token SENT. The total supply is set at approximately 34.36 billion tokens (2³⁵), distributed across five categories: Community Initiatives & Airdrops (44%), Ecosystem & R&D (19.55%), Team (22%), Investors (12.45%), and Public Sale (2%). The SENT will be used for staking, model services, data-related functions, and payments within the platform's ecosystem, particularly for services powered by Artifacts. Unlock schedules vary: 30% of community and ecosystem allocations are unlocked at TGE, with the remainder linearly released over four years. Team and investor tokens are locked for one year post-TGE, then linearly vested over four and six years, respectively. The public sale portion is fully unlocked at TGE. Market expectations are high, with Polymarket prediction data indicating a 99% probability that Sentient’s fully diluted valuation (FDV) will exceed $200 million upon launch. Sentient aims to create a decentralized AGI economy where developers can monetize models, data, and innovations. Its core infrastructure, GRID (Global Research and Intelligence Directory), is a composable network of AI agents, models, and tools. The project has raised $85 million in seed funding from investors including Founders Fund, Pantera Capital, and Framework Ventures. Key advisors include Sandeep Nailwal (Polygon) and Sreeram Kannan (EigenLayer). The team is research-heavy, with core contributors coming from academic and engineering fields. The platform emphasizes transparency and collaboration through its Open, Monetized, Loyal (OML) model and has open-sourced its ROMA (Recursive Open Meta-Agent) framework to support multi-agent task coordination. Over 60 ecosystem partners have been onboarded, covering model collaboration, agents, data providers, and validators.

marsbit01/16 10:12

Sentient Announces Token Economics, How Will the Market Price It?

marsbit01/16 10:12

The Divergence in Value Logic Between Eastern and Western Crypto KOLs

The article explores the fundamental differences in value logic between Eastern and Western crypto KOLs. The author, drawing from experience with venture capitalists in both regions, observes that Eastern perspectives focus heavily on practical, tactical aspects of projects—such as revenue models, tokenomics, and operational logistics—treating crypto ventures like traditional businesses. In contrast, Western narratives prioritize grand, aspirational stories capable of promising 10x to 100x returns, often glossing over practical details to attract major capital. This divergence leads to opposing definitions of "key opinion." Eastern KOLs tend to deconstruct and critically analyze, while Western ones build on ambitious, high-concept narratives aimed at securing large-scale investments. The author notes that although the most influential narratives and capital formations often originate from the West (e.g., restaking, Rollup, FHE), many of the industry’s most profitable ventures (like CEXs, DEXs, payment systems) are dominated by Eastern players. Structural factors, such as lower capital costs in the West due to institutional backing, and cultural differences—Eastern societies being more pragmatic and battle-tested—contribute to this divide. The author concludes that Eastern KOLs shouldn’t be seen as "degenerate" but as fundamentally oppositional in approach. Success, they argue, lies in challenging Western narratives with Eastern value logic, forcing the global conversation to engage with a more grounded, critical perspective.

marsbit01/16 10:06

The Divergence in Value Logic Between Eastern and Western Crypto KOLs

marsbit01/16 10:06

Encrypted 'Fat Protocols': Key Players in 10 Core Profit Areas

This article, originally titled "Fat Protocols: Key Players in 10 Core Profitability Areas," argues that the original "fat protocol" thesis, where value disproportionately accrues to the base blockchain layer, is outdated. By 2026, value will instead flow to "control points"—entities that capture fees regardless of which chain or application wins. These include interfaces controlling user intent, trading venues internalizing liquidity, issuers with strong balance sheets, and protocols tokenizing inefficient assets. The summary ranks the top 10 "fat" layers based on revenue, users, ARPU, and market dominance: 1. **Fat Wallets (e.g., Phantom):** Dominant on the intent layer, evolving into active financial venues with significant revenue from swaps and perpetual trading. 2. **Fat Blockchains (e.g., Ethereum):** Remains the core settlement layer for high-value transactions and MEV, with strong defensive moats. 3. **Fat Perp DEX (e.g., Hyperliquid):** The most profitable trading format, with Hyperliquid monopolizing the market by integrating liquidity and execution on a dedicated chain. 4. **Fat Lending (e.g., Aave):** The leading DeFi lending platform, characterized by scale, resilience, and steady institutional capital. 5. **Fat RWA Protocols (e.g., BlackRock BUIDL):** Growth is driven by scale and trust, bridging TradFi and on-chain finance with tokenized assets like U.S. Treasuries. 6. **Fat LRT/Restaking (e.g., EigenLayer):** Profits by renting Ethereum's security to Active Validation Services (AVS) and expanding into off-chain compute. 7. **Fat Aggregators (e.g., Jupiter):** Capture value by controlling routing, pricing, and execution quality on DEX trades. 8. **Fat Stablecoin Issuers (e.g., Tether):** Extremely profitable by earning yield on treasury holdings backing the stablecoin supply. 9. **Fat Prediction Markets (e.g., Polymarket):** Profit from attention and event-driven trading, creating a highly profitable layer with strong narrative power. 10. **Fat MEV (e.g., Flashbots):** MEV is an invisible tax on block space, with entities like Flashbots institutionalizing its extraction and redistribution. The key takeaway is that value accumulation has shifted from the base protocol to specific, high-control business models and infrastructure layers across the crypto ecosystem.

marsbit01/16 09:45

Encrypted 'Fat Protocols': Key Players in 10 Core Profit Areas

marsbit01/16 09:45

Farewell to 'Storytelling' for Funding: What Kind of Projects Can Survive Beyond 2026

Title: Beyond Storytelling: What Projects Will Survive Beyond 2026 The venture capital landscape in crypto has fundamentally shifted. In 2025, top market maker and investor Wintermute Ventures approved only 4% of the 600 projects it reviewed. This reflects a broader trend: total crypto VC deals plummeted 60% from 2024, with capital concentrating heavily in later-stage rounds (56% of total funding). The driver is a radical change in market structure. Institutional capital now dominates (75% of liquidity), but it is largely trapped in major assets like BTC and ETH. The altcoin narrative cycle collapsed from 61 days to just 19-20 days, leaving little time for money to flow to smaller projects. The traditional four-year bull cycle is broken; a 2026 recovery requires a major catalyst. Consequently, VC investment logic has moved from "spray and pray" to a survival-of-the-fittest model. Funding now targets projects that can prove viability from the seed stage. Key requirements for survival include: 1. **Hard Proof of Product-Market Fit:** Real data points are mandatory, such as 1,000+ active users or $100k+ in monthly revenue, with a DAU/MAU ratio above 50%. 2. **Capital Efficiency & Default Alive Status:** Startups must achieve "default alive" status, with monthly burn not exceeding 30% of revenue. Large, cash-burning teams are untenable. 3. **AI Integration & Technical Sophistication:** AI is no longer optional; it's essential for reducing development cycles and optimizing operations. Privacy tech like zero-knowledge proofs is critical for compliance, especially in RWA tokenization. 4. **Liquidity & Exchange Compatibility:** Projects must plan their exchange listing path from day one, ensuring compatibility with institutional liquidity channels like ETFs. For investors, the mandate is clear: adapt or fail. The new standard is not "how big the story can be" but "can this project prove its ability to generate revenue from seed." Investment must focus on AI-crypto fusion, compliance, and emerging markets. The era of betting on narratives is over; execution and sustainable profitability are now the only metrics that matter.

marsbit01/16 09:13

Farewell to 'Storytelling' for Funding: What Kind of Projects Can Survive Beyond 2026

marsbit01/16 09:13

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