Biteye AI Daily September 24

Today's zone market capitalization: $14.45B The pullback continues, with new projects in the AI zone continuously launching TGE in the capital market, and the total market capitalization of the zone continues to grow. 📈24h Coingecko Trading Volume Top 10: Token Trading Volume Market Capitalization Price Volatility 1- $0G $1.8B $1.2B $5.45 -3.9% 2- $IP $228.9M $3.7B $11.93 -12.1% 3- $AI16Z $205.4M $103.9M $0.09 +2.9% 4- $HOLO $107.0M $109.5M $0.32 +6.7% 5- $TAO $95.1M $3.0B $314.56 -0.4% 6- $VIRTUAL $78.6M $720.6M $1.10 -1.5% 7- $OPEN $77.8M $159.7M $0.74 +1.2% 8- $ATH $51.1M $665.9M $0.05 -9.7% 9- $TUT $46.2M $69.1M $0.08 -1.3% 10- $ALCH $28.0M $54.2M $0.06 -13.1% ⭐️Key Information

1. Coinbase @coinbase and Cloudflare @cloudflare are about to jointly initiate the x402 Foundation to establish a globally universal AI payment standard.

• x402 is an open-source payment system based on the HTTP protocol. Just like the familiar 404 error message, it can return payment requests, allowing users or AI Agents to immediately make payments with cryptocurrency. It is particularly suitable for AI Agents to automatically call APIs, pay-as-you-go web crawlers, and support content creators with per-article/video charging.
• The x402 Foundation will focus on establishing x402 as a neutral and open standard, promoting widespread adoption among developers, enterprises, and AI platforms.
• Cloudflare, as one of the largest internet infrastructure providers in the world, serves millions of websites and applications, with a significant impact on the industry. Currently, Cloudflare is integrating x402 into its "pay-per-crawl" beta, allowing developers to set fees for crawler bots and easily block unnecessary traffic attacks. Review: For a long time, there has been a conflict between web crawlers and website owners—web crawlers consume a large amount of server resources, steal content, and bring pressure and losses to websites. In the past, Cloudflare's approach was usually to directly block all bot traffic, simply and crudely denying access. With x402, crawling bots can pay with cryptocurrency, establishing a new win-win cooperation model between websites and crawlers, which also leads to healthier industry development.

2. The off-chain encryption intelligence platform Cloudburst @trycloudburst has completed a $7 million Series A funding round.

• Cloudburst focuses on off-chain crypto intelligence. By using AI to collect and analyze massive amounts of off-chain data (such as Telegram groups, forums, news, etc.) in real time, it can identify online scams, sense social sentiment, and provide real-time intelligence and risk warnings.
• The company's total financing has reached 11 million USD. This round of financing was led by Borderless Capital, with participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, and others. The funds will be used to expand the AI and data science teams, accelerate product development, and promote global market expansion. Comment: Cloudburst accelerates the connection between on-chain and off-chain information through AI.

3. The decentralized AI Layer1 ChainOpera AI @ChainOpera_AI will be launched on Binance Alpha tomorrow.

• ChainOpera AI has completed a financing of $17 million and is a Layer 1 network focused on building decentralized AI. The platform achieves the co-creation and sharing of resources such as users, AI Agents, models, data, and GPUs through community co-construction and governance, aiming to break the traditional AI monopoly held by a few companies. Its native token $COAI will be used for governance, rewards, and transactions within the network.
• According to official news from Binance, $COAI will be launched on Binance Alpha tomorrow, and eligible Binance Alpha users can receive airdrop rewards. Comment: With the reduction in the cost of launching chains, Layer 1 solutions specifically designed for AI are emerging one after another. The core direction of ChainOpera AI is to promote the community co-construction and sharing of AI Agents and applications, with the computing power mainly relying on GPU federated learning. Interested friends can follow. 📊 Data source: @xhunt_ai, Cookie DAO, Coingecko 💡Risk Warning: The above is for information sharing only and is not investment advice.