The recent WLFI series of analyses primarily targets WLFI holders. In addition to calling out in the community, they can also participate more in high-quality ecological projects of USD1, doing some practical work to help increase the #WLFI token price every day.
🔴First, let's talk about how WLFI holders can participate in the @TaggerAI project:
1. Earning tokens: Go to the @TaggerAI official website to link your wallet and perform data annotation tasks daily to earn #TAG tokens.
A few months ago, a user tested that doing 15 minutes of annotation daily could yield about 4-5u in earnings, though sometimes it can be difficult to grab tasks when there are many users. Of course, these earnings are based on the price of $TAG tokens, and fluctuations in token prices will also affect earnings.
2. Holding $TAG tokens. The purpose of holding is simply to wait for subsequent price increases, judging based on the current price and FDV of $TAG to see what price level is suitable for buying. At this time, the price and FDV of $TAG are as shown in the chart.
🔴Tagger project introduction:
1. Tagger's main business:
@TaggerAI engages in decentralized AI data annotation, similar to the recently popular @SaharaLabsAI. It claims to be the first AI project with the concept of #Decorp (decentralized collaboration model), allowing users worldwide to participate in data annotation tasks without requiring professional knowledge, simply through easy mouse clicks for data labeling.
Currently, the mainstream data annotation service companies (such as Scale AI, Labelbox, etc.) mainly serve large technology companies as their primary clients. Most of these data annotation companies are concentrated in the United States, especially in places like Silicon Valley and New York, allowing them to quickly obtain financing and attract top engineers and sales resources. However, due to the high labor costs in the United States, data annotation companies outsource annotation tasks to countries with lower labor costs, such as Southeast Asia, in order to reduce their business expenses, resulting in a centralized data annotation service model.
@SaharaLabsAI's data annotation model is similar to @TaggerAI, both engaging in decentralized data annotation, making them direct competitors. A comparison between the two will be discussed later.
@TaggerAI, through on-chain payments and a data annotation crowdsourcing platform, not only avoids the traditional cumbersome and inefficient settlement methods but also fairly distributes tokens through smart contracts without any intermediaries, achieving instantaneous wage settlements without any regional restrictions.
2. The relationship between @TaggerAI, Binance Smart Chain, and the WLFI foundation/USD1:
@TaggerAI was originally an AI project on the Binance Smart Chain. There are quite a few AI projects on the Binance Smart Chain, besides @TaggerAI, there are also $Siren and $SkyAI, which are also very popular.
@TaggerAI gained widespread attention due to the USD1 trading competition organized by Buildon @BUILDonBsc_AI (though Tagger was already quite popular before). On July 11, Buildon announced the four winning projects of the USD1 trading competition, one of which was @TaggerAI, along with @EGLL_american, @liberty, and @LorenzoProtocol.
On July 19, the WLFI foundation successively purchased $40,000 of tokens for each of the four winning projects ($TAG, $EGL1, $LIBERTY, $BANK).
On the same day, Buildon followed up and purchased $200,000 of tokens for each of the four winning projects.
Subsequently, on July 22, the BNB Chain Foundation announced the purchase of $25,000 in $TAG tokens.
July has been a rewarding month for @TaggerAI, with a favorable momentum.
3. The TGE and exchange listing of $TAG
On December 25, 2024, Tagger's tokens will be fairly launched on four.meme. Early in the four.meme project, @TaggerAI collaborated with them for the Tag-to-Pump event, which allows for direct token acquisition through data annotation. The project team and retail investors start from the same starting line, with 74% of $TAG obtained through mining by annotators, and there are no team shares or VC involvement. It is clear that the project team aims to create a truly equitable AI platform for everyone.
On June 12, $TAG was listed on Bitget and MEXC exchanges, then launched on Binance Alpha on June 18, and listed on Gate exchange on July 8.
🔴The opportunity for $TAG to be listed on Binance's spot market is still quite high.
🚩Firstly, @TaggerAI is one of the few AI data projects on BSC with real application value, and its data can be benchmarked against @SaharaLabsAI, which is already listed on Binance.
🚩Secondly, @TaggerAI is already backed by the Binance Smart Chain and the WLFI @worldlibertyfi foundation, two major traffic entry points.
@TaggerAI's future business model is to crowdsource enterprise orders in a decentralized manner to retail investors, paying them for labor in USD1 and $TAG;
It can be anticipated that @TaggerAI will mainly handle B-end customer data annotation orders through USD1 payments, and will also accept payments in other stablecoins, but there will be no discounts for payments made in other stablecoins. USD1 not only ensures the stability of customer payment exchange rates but also provides @TaggerAI with a long-term traffic entry point.
🚩Finally, from the perspective of the WLFI foundation @worldlibertyfi selecting ecological projects for support, meme projects may not be the first choice. Projects like @TaggerAI break the barrier of mass adoption from Web2 to Web3, generating revenue and profits that reflect in token price increases. They also bring investment value growth to the WLFI foundation, making them long-term projects the foundation is willing to support heavily.
Ps: Recently, while writing about so many WLFI and USD1 ecological projects, what I'm really waiting for is the rumored (Monopoly) chain game that President Trump is supposed to be involved in...