Analysis of the WLFI/USD1 Ecosystem Project: Tagger
The recent series of analyses on WLFI is mainly aimed at WLFI holders. In addition to shouting orders in the community, you can also participate in more high-quality ecological projects for $1 and perform practical work every day to increase the price of #WLFI.
🔴 Let's first talk about how WLFI holders can participate in the @TaggerAI project:
1. Earn tokens #TAG 
: visit the official website of @TaggerAI to link your wallet, complete data labeling tasks every day and earn #TAG tokens.
A few months ago, a user tested that they could earn $4 to $5 by labeling for 15 minutes a day, but sometimes it was difficult to get tasks due to the large number of users. It is clear that the profit is based on the price of $TAG, and the rise and fall of the price also affect the profit.
2. Hold $TAG tokens. The goal of holding $TAG tokens is nothing more than to wait for the subsequent price increase. You need to make a judgment based on the price and future present value of $TAG to determine which price is suitable for purchase. The price and future present value of $TAG today are shown in the figure.
🔴Introduction to the Tagger project:
1. Main business of Tagger:
@TaggerAI is a decentralized AI data annotation project, just like the recently popular @SaharaLabsAI. It claims to be the first AI project to implement the concept of #Decorp (decentralized collaborative model), allowing users worldwide to participate in data annotation tasks, and data can be labeled with a simple mouse click, without the need for professional knowledge.
Currently, the main data labeling service companies (such as Scale AI, Labelbox, etc.) have large technology companies as their main clients. Most of these companies are concentrated in the United States, especially in Silicon Valley and New York, in order to obtain funding, attract top engineers, and sales resources as quickly as possible. However, due to high labor costs in the United States, data labeling companies outsource the labeling business to Southeast Asia and other countries with lower labor costs to reduce operational costs, so they are all centralized models of data labeling services.
The data labeling model of @SaharaLabsAI is similar to that of @TaggerAI, both having decentralized data labeling. These two companies are direct competitors, and the comparison between them will be discussed later.
@TaggerAI uses on-chain payment crowdsourcing + data labeling platform, which not only avoids the traditional, laborious, and inefficient settlement method but also fairly distributes tokens through smart contracts. Without intermediaries, the platform can achieve instant payroll settlement without regional restrictions.
2. Relationship of @TaggerAI with Binance Chain and WLFI Foundation/USD1:
@TaggerAI was originally an AI project from the Binance Chain. There are many AI projects on the Binance Chain. In addition to @TaggerAI, there are also $Siren and $SkyAI, which are also very popular.
@TaggerAI became popular thanks to the USD1 trading competition held by Buildon @BUILDonBsc_AI (of course, Tagger was already popular before). On July 11, Buildon officially announced the four winning projects of the USD1 trading competition, with @TaggerAI being one of them, and the other three were @EGLL_american @liberty @LorenzoProtocol.
On July 19, the WLFI Foundation successively purchased 40,000 USD1 tokens ($TAG $EGL1 $LIBERTY $BANK) for each of the four winning projects.
Buildon followed up on the same day and purchased 200,000 USD1 tokens from each of the four winning projects.
Subsequently, the BNB Chain Foundation announced on July 22 that it had purchased $25,000 in $TAG tokens.
July was a great month for @TaggerAI.
3. TGE and $TAG exchange listing
On December 25, 2024, Tagger tokens will be launched on four.meme. In the first days of four.meme, @TaggerAI cooperated with them to launch a Tag-to-Pump event, which means obtaining tokens directly through data annotation. The project owner and retail investors start from the same starting point, with 74% of $TAG mined by the annotators, with no shares from the team or VCs. It is noted that the project owner wants to build a truly equitable AI platform for everyone.
On June 12, $TAG was listed on Bitget and MEXC exchanges, on June 18 it was launched on Binance Alpha, and on July 8 it was listed on Gate exchange.
🔴There is still a great chance that $TAG will be listed on Binance Spot in the future.
🚩First of all, @TaggerAI is already one of the few AI data projects on the BSC with real application value. All data can be compared with @SaharaLabsAI, which was listed on Binance.
🚩Secondly, @TaggerAI already has two major traffic sources: Binance Chain and WLFI @worldlibertyfi Foundation.
The future business model of @TaggerAI is to outsource corporate orders to retail investors in a decentralized manner and settle labor fees with USD1 and $TAG;
It is expected that @TaggerAI will primarily accept payments with USD1 for client data annotation orders on the B side. Other stablecoins will also be accepted, but there will be no discount for payments made with USD1. The USD1 not only guarantees the stability of client payment exchanges but also provides @TaggerAI with long-term traffic.
🚩Finally, from the perspective of the WLFI Foundation @worldlibertyfi, which selects ecological projects to support, meme projects may not be the first choice. Projects like @TaggerAI break the barrier of mass adoption from Web2 to Web3, can generate revenue and profit for businesses, and are reflected in the growth of coin prices. They can also generate investment value growth for the WLFI Foundation and are long-term projects that the foundation is willing to vigorously support.
@BNB Chain
