The two projects that have been 'nurtured' on @KaitoAI and have long topped the charts, I am very 'loyal' — after reviewing the 30D leaderboard, I'm 'eagerly waiting.'
The updates in crypto narratives are too fast; people are always thinking about chasing the next hot spot, but isn’t it better to focus on projects that can build long-term?
In the past few weeks, my focus has still been on two 'old friends': one is a re-staking platform for BTC @satlayer, and the other is the definers of AI standards @MagicNewton
_____🎈____🪙_____🍎____🪙____
📌 SatLayer @satlayer: Bitcoin's re-staking engine, with ambitions far beyond BVS
Satlayer @satlayer is built directly on Babylon @babylonlabs_io, claiming to be the 'biological father of Babylon,' but given the state of Babylon, words fail me.
Satlayer aims to create an EigenLayer within the Bitcoin ecosystem, even 'faster and stronger.'
Let's take a look at the timeline:
- Completed a $8 million pre-seed funding round in August 2024, with investors including Hack VC, Franklin Templeton, Big Brain Holdings, and other leading institutions. Hack VC's involvement is particularly noteworthy.
- The core team comes from MIT, CEO Luke Xie is low-key but has a solid background, and CSO Feynyman also has an MIT background, possessing both white-hat hacker and on-chain trader identities.
- Current TVL is stable at $300 million, supporting multi-chain assets like ETH, BNB, Sui, Bitlayer, and not only providing BTC validation services (BVS) but also exploring outputs for cross-chain bridges, oracles, DA, and other modules.
SatLayer is quietly making steady progress and is one of the few projects genuinely working hard in the BTC space.
Will the TGE be coming next, leading to an explosion? It's uncertain, but they have been working hard.
_____🎈____🪙_____🍎____🪙____
📌 Newton @MagicNewton joins CAIBA; does AI evaluation also need 'on-chain practice'?
Everyone is talking about the Web3+AI story, but very few have truly stepped up to 'set the standards.' @MagicNewton is one of the founding members that joined the Crypto AI Benchmark Alliance (CAIBA) in early June, alongside Alchemy, Cyber, EigenLayer, IOSG, and others.
Newton @MagicNewton is not about gimmicks; it's a serious testing project that not only makes models answer questions but also enables them to plan multi-step processes and complete real on-chain interactions.
Moreover, it covers high-frequency on-chain workflows such as tokenomics, on-chain analysis, and interaction execution.
Newton @MagicNewton is not just a participant but contributes core datasets and task modules, being part of defining the standards.
It represents the shift from 'AI talking about Web3' to 'AI serving practical needs of Web3.'
_____🎈____🪙_____🍎____🪙____
One is a new paradigm for BTC validation @satlayer, and the other is a new standard for AI in crypto testing @MagicNewton.
They don’t rely on slogans; from technical architecture to capital structure, they have already convinced me to keep watching them!
Don't wait for token airdrops to realize the opportunities; the true early benefits are always reserved for those willing to layout in advance.
@virtuals_io @GiveRep
