ahboyash

Robots are leaving the lab and coming on-chain. From @reborn_agi's “full-stack physical-AI enabler” to @PrismaXai “AWS for robot data".

I mapped 5 projects trying to own the machine economy, and possibly the trust gaps no one has solved yet.

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1. Market topology
Infrastructure rails: @PrismaXai (data-validation & tele-op hub) and @reborn_agi (Humanoid Data Platform) are racing to become the “AWS + Unreal Engine” of embodied AI (we love this term now over "robotics").

Community-first flywheels: whereas the likes of @frodobots (@BitRobotNetwork + @SamIsMoving) and @xmaquinaDAO are playing more towards the retail co-ownership narratives (memes, DAO treasuries) to bootstrap robotic fleets.

Open collaboration layer: @openmind_agi positions itself as an OSS runtime + P2P network that any robotics project can plug into, using blockchain rails and natural-language buses for alignment.

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2. Competitive edges
• Reborn AGI: hardware + sim moat
• PrismaXAI: data is king; scale governance to oversee crowdsourced validators
• Frodobots: viral growth, but hardware margins and safety liabilities (city regulations) loom
• XMAQUINA: treasury diversification hedges risk, yet DAO execution (strategies/investments) will be decisive
• OpenMind: wins mind-share with “shared intelligence” ethos, lowering integration friction via connectors

Projects still need to solve:
• On-chain liability cover, safety scoring or compliance attestation
• Inter-network liquidity and interoperability
• Real revenue verticals

- - - - -

Seeing a lot of narrative plays and demos online and at @superai_conf but the robotics-crypto stack is definitely maturing to (crypto) economic primitives.

With OpenMind adding an open runtime & identity fabric, the next breakthrough will come from whoever secures trust, liquidity and interoperability across these robotic fleets.

Crypto rules

As a trader, never post a screenshot of your PnL

As a founder, never post a picture of your token’s chart

As a VC, don’t write thought pieces on CT about your infra investments if you don’t know who the real founders are behind it

CEXes are finally taking note and going permissionless: @coinbase, @binance, and @Bybit_Official just kicked off a “CEX-on-chain” market grab:
• Coinbase: DEX trading + Verified pools
• Binance: Binance Alpha (curated + sandboxed tokens)
• Bybit: Byreal RFQ+CLMM

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1. Coinbase | DEX Trading + Verified Pools
• @base-native routing for any on-chain tokens, wrapped with KYC-verified pools that institutions can actually touch.
• Breadth of DeFi + TradFi regulation standards, all inside the app millions already use

2. Binance | Binance Alpha
• A curated sandbox of early-stage on-chain tokens (across Ethereum, BSC, Solana, Sui, Sonic)
• Discovery platform where users can purchase them without leaving the Binance app
• Pre-listing spotlight, as some tokens will graduate to a proper spot listing

3. Bybit | Byreal
• @solana-powered RFQ + CLMM router built to replicate CEX spreads on-chain
• Fair-launch vaults and yield layers baked in to keep capital sticky from day one

- - - - -

Closing
These show how CEXes are adapting:
• Building solutions to bridge CeFi and on-chain DeFi
• Adding verification/trust layers to DeFi (common concerns for most, especially hacks and rug pulls) --> get people on-chain within the comfort of a web2 app
• Hybrid solutions that leverage their brand reputation while benefiting their current user base
• Cannot ignore the volumes and traction that @HyperliquidX is having
• Adheres to the Internet Capital Market thesis: Decentralized, permissionless marketplaces where capital flows directly to builders, creators, and ideas --> this will be instant and global
• Token price discovery are taking place on-chain (just look at your memes, AI tokens)

Builders need on-chain rails to stay discoverable; traders need them to stay liquid.

Rather than fight DeFi's growth, they're positioning themselves as (potential) gateways to the ever growing on-chain ecosystem.

1. The @wardenprotocol Thesis
• Verifiable AI at base layer: allows smart contracts to call black-box models and prove integrity without ZK or TEE overhead
• Intent-centric UX + Any-chain reach: Asynchronous Verifiable Resources turn any API or blockchain into a callable primitive, while dual EVM/CosmWasm VMs and IBC/Hyperlane routing push results anywhere
• Growth flywheel: protocol mints PUMPS for every user’s action, inflating each user’s personal token and scaling their WARD airdrop share. Activity drives volume → agents earn fees → WARD captures value
• Aligned token economics: $WARD governs the protocol and used as gas fees + staking
• Partnerships secured with @MessariCrypto and @mementoresearch

2. What's in store for you
a) Earn PUMPS, support your own token
• Every action inside the Warden App, from chatting with the agent, swapping, stacking streaks, or referring real users, mints PUMPS
• Each PUMP pushes your personal on-chain token above its $1.00 start price and scales your slice of the upcoming WARD token airdrop 
• More content, more transactions, more active frens → bigger allocation for you

b) What to do
• Open the app, start engaging, execute a trade, and invite 3 friends who’ll actually use it.
• Watch your PUMPS counter (and your token) perform in real-time
• Early users will probably secure the fattest WARD drop

Ward are you waiting for? Start pumping at

2021 bull market vs 2025 bull market

XRPFi

A few @base ecosystem projects have been doing well lately

Think the reason for this IMO:
• Compared to Solana, definitely fewer tokens = concentrated on things with fundamentals
• Lesser attention + liquidity dilution
• Projects will try to align with base = @coinbase listing hopium
• People's edge in the Solana casino seems to be eroded, pivot to the Base casino with more PVE coins
• @pumpdotfun token https://t.co/8SxFsVtNP9 which will cause a liq vacuum on Solana

Did a few minutes of research to keep up to date with the eco, some projects that are doing well:
• @KeetaNetwork ($KTA)--> Visa-speed payment layer, wrapped in a KYC-ready L1
• @gizatechxyz ($GIZA) --> “Plug-in ML agents that trade, rebalance on-chain, use zkML for proves and trust-minimisation
• @tigfoundation ($TIG) --> Turns hard optimisation puzzles into open bounties where the best algorithm wins (+ gets paid)
• @Mamo_agent ($MAMO by @MoonwellDeFi) --> park USDC, grow yield, win prizes
• @ReiNetwork0x ($REI) --> Bridges AI to on-chain (hard logic; verifiable intelligence)
• @noicedotso ($NOICE) --> Attention is money, where every engagement (like, reply, or follow) becomes tokenised; social tipping

These are of course projs apart from the @virtuals_io ecosystem which I covered separately:

Two new (credit line) money markets have recently made headlines

• @3janexyz --> FICO-style consumer credit by @_yakovsky
• @WildcatFi --> toolbox for sophisticated trading desks to offer private credit by @functi0nZer0

- - - - - -

3Jane --> “Borrow Against the Future”
• Credit-based money market allowing U.S. retail users instant, unsecured credit lines
• Zero on-chain collateral
• Proprietary 3Jane Credit Algorithm (CA) underwriting engine analyses on-chain assets, off-chain cash flows and VantageScore data to estimate the credit line line
• Depositors supply USDC and receive USD3 (senior) or stake it for sUSD3 (junior, first-loss), while idle cash farms sweet @aave yield
• If a borrower defaults, the “Credit Slasher” slashes their score, redistributes late interest to healthy borrowers and auctions off the non-performing loan

- - - - - -

Wildcat --> “Build-Your-Own Private-Credit Market”
• Targets trading desks and funds that want bespoke on-chain credit terms.
• A whitelisted borrower deploys a vault, setting its reserve ratio , fixed APR, withdrawal cycle, grace period up-front
• Lenders deposit and receive a rebasing debt token
• If reserves dip below the floor past the grace period, a penalty APR kicks in until the borrower pays or lenders pursue off-chain enforcement
• Wildcat takes 0–10% of the base APR as protocol rev and lets borrowers determine KYC, size-minimums or other role-provider “hooks” for access control
• Largest under-collateralised credit protocol

TLDR: 3Jane imports consumer credit into DeFi while Wildcat offers instis a way to spin up custom credit lines. If both protocols are well managed, they can scale very fast (overcoming the traditional over-collat model in crypto)

Two mindshare machines are building on top of @KaitoAI

• @stayloudio by @0x_ultra --> trade volume = tokenized attention --> rewards for KOLs earn $LOUD
• @noise_xyz by @lucacseth @notgabo --> trade narratives like perps

Same thesis: attention is capital but different execution

- - - - -

Loud is a pure attention flywheel
• Users yap about $LOUD
• Kaito measures their mindshare
• The top 25 weekly yappers earn SOL from trading fees of the token
• Speculators trade the token --> this funds the payouts
• Bringing back our beloved 3,3 between KOLs and traders
• Attention is the goal --> "Who can drive the most hype?"

Noise takes another route
• Kaito streams real-time trend indices
• Users long/short the trend like they would a perp position
• Mindshare now becomes a tradable, directional market
• Attention is the underlying asset --> "Can you trade the hype/trend before it breaks out?"

- - - - -

InfoFi is growing from protocol to ecosystem

Kaito is no longer viewed as just a data layer --> it’s an oracle powering new markets and lego blocks for interesting primitives

What Uniswap did for liquidity, Kaito is now doing for attention

Let’s see who wins the mindshare war

they crypto banter curse :(

InfoFi Landscape Report

Narratives move faster than capital
Enter InfoFi --> the primitive that lets you bet on both

TLDR
InfoFi focuses on monetising attention, influence, and info, probably one of the more compelling narratives in crypto now.

Below I compare a few protocols: @KaitoAI, @cookiedotfun, @ethos_network, and @elfa_ai, each approaching the financialisation of digital mindshare from different angles.

These are platforms that structure and index high-signal info with an emphasis on measurable influence, data provenance, and actionable insights.

- - - - - -

1. Kaito ($KAITO)
• The Bloomberg Terminal for crypto narratives, using AI to process thousands of CT, Reddit, and Telegram posts into searchable summaries ("Yaps")
• Leaderboard system identifies top-performing accounts/wallets based on alpha calls
• Creates a powerful social filter for crypto research

2. Cookie ($COOKIE)
• Modular data layer for the agentic economy --> https://t.co/FVmBL8fOCG, tracks 1,500+ AI agents and their performance, powered by a backend called the Cookie DataSwarm.
• This infra feeds into Agent Cookie, a super-agent providing social + on-chain intelligence

3. Ethos
• Introduces a reputation graph for crypto, based on: Review, Vouch, Slash, and Influence.
• Aim is to create a social trust layer that DAOs, protocols, and community mods can use to filter credible contributors or defend against Sybil attacks

4. Elfa
• Sentiment engine indexing token mentions, KOL shills, and project/community updates in real time
• Token mindshare is tracked hourly and Smart Accounts are analysed which is filtered by alpha potential

- - - - - -

Personal Take
• Kaito dominates structured research workflows and integrations with projects
• Cookie leads in infra for AI agents
• Ethos builds foundational social trust infra for Web3 (reputation)
• Elfa captures narrative volatility and CT pulse

Same with DEXes/L1s/L2s, all will have competition as protocols imitate and try to one up each other.

we love green

@Tether_to
@virtuals_io
@KaitoAI
@cookiedotfun
@HyperliquidX
@mementoresearch

.@bonk_fun coins I think has legs

Useless
- As absurd as fartcoin ("just a useless coin")
- "I cant believe this useless coin went to $100m" is like akin fartcoin ripping
- Orginial lore/meta
- Letsbonk team incentivized to pump it + BonkGuy shilling it (main character arc)

@letsbonkdotai
- AI/MCP exposure + working terminal with a prompt
- Easy narrative: ai16z of Bonk eco
- Intuitive chat interface + agent-managed wallet

Another day another buzzword

Remember PayFi and restaking

Now its “Internet Capital Markets”

Emerging meme and narrative tied to Believe (@believeapp) —> platform that enables internet-native fundraising and token launches.

TLDR
• Decentralized fundraising and liquidity directly from internet-native companies/communities, without the need for VCs
• Launching tokens instantly via social platforms (like how projects are now launching on Believe with one click)
• A cultural shift where meme, momentum, and distribution > pitch decks and months of VC calls

Could spark the formation of a new asset class or market structure if traction picks up —> crypto-native, internet-native capital formation is now fast, public, and memetic.

$BERA looks good here

Developments
- Probably found a bottom at $2.6 after a huge retrace
- Valuation hovering at the last round fundraise
- No new supply hitting the market in the next 9 months
- The large overhang is done (Boyco)
- More projects to TGE + vibrant ecosystem (@InfraredFinance, @puffpaw_xyz, @EdenWeb3_Global, @KodiakFi)
- As more activity takes place on-chain, bribes and fees increase --> compounds --> accrues back to main token
- Smokey and team still actively on the ground talking to educate funds + strike partnerships with various teams
- Always seem to get max attention, be it from a satire video to some contrarian project the team onboards

Think some things the team have to work:
- Changing $BERA token narrative from just a pure farming token (pool 2) to getting it integrated more within the eco dApps
- Still quite complicated for retails to understand as there are many yield sources
- Potentially kingmake certain dApps and make sure they do well

Bought + invested in some projs mentioned above

.@binance has 8 ways to launch/debut a token, I squeezed them into 1 cheat-sheet so you know their differences and how to participate in each one of them.

• Launchpool
• Binance HODLer Airdrops
• Megadrop
• Vote to List
• Spot listing with seed tag
• Pre-market trading
• Perpetual Contracts (perps)
• Binance Alpha

@cz_binance @heyibinance

.@binance has 8 ways to launch/debut a token, I squeezed them into 1 cheat-sheet so you know their differences and how to participate in each one of them.

• Launchpool
• Binance HODLer Airdrops
• Megadrop
• Vote to List
• Spot listing with seed tag
• Pre-market trading
• Perpetual Contracts (perps)
• Binance Alpha

@cz_binance @heyibinance $BNB