小捕手 chaos

Share an opportunity for the last bus that I completed - @gaib_ai Final Spice event
Keywords: Must go to major institutions, TGE is imminent

As the "AI computing power economy layer", GAIB has gone through multiple rounds of financing:
Seed round: raised 5 million USD, led by Hack VC, Faction VC, and Hashed
Strategic round: raised 10 million USD, led by Amber Group
With this lineup of investors, if I don't go to major institutions, I directly eat.

In the AI era, computing is currency. But the current problem is that although there is explosive demand for enterprise-level GPUs, there is a lack of a liquid market—just like gold before the 1970s, it has value but cannot be traded efficiently.
GAIB's solution is straightforward:
Provide GPU financing for data centers through debt, equity, or hybrid models
Tokenize these GPUs and their cash flows into AID (AI synthetic USD)
Users stake AID to obtain sAID and enjoy real-world GPU returns
More importantly, GAIB is not just an RWA project; it is building the entire AI financial infrastructure. AID can be used for lending, trading, liquidity mining, and can also create Principal Tokens (PT) and Yield Tokens (YT)—giving users great strategic flexibility.
Recently, GAIB has also expanded into the robotics track, tokenizing the entire AI economic chain through the RWAiFi strategy (RWA + AI + DeFi).
Final Spice is a pre-launch event for AID, focusing on:
• Supporting multi-chain deposits (Ethereum, Arbitrum, Base, Sei, Story Protocol)
• 1:1 receipt token for AIDa
• 10 times point rewards
• Original assets locked until November 2025

You can obtain higher returns through various DeFi strategies:
1/ Pendle strategy - PT token 15% base return, YT token 30 times points
You can further amplify through Equilibria (additional 5% return) and Penpie (88% return)
2/ Curve offers liquidity mining opportunities with 20 times points
3/ enzoBTC provides a 5 times points Bitcoin leverage strategy on Sei
4/ Morpho allows borrowing USDC by using PT-AIDa as collateral to unlock liquidity
Participation link: https://aid.gaib.ai/

$78.4M / $80M (the pool is almost full), if you want to participate, you need to hurry.
GAIB will definitely have its TGE this year, I'm saying.

Say something scary:

As of now, 100% of the tokens launched by Buidlpad are listed on Binance.

So will @FalconStable $FF be listed on Binance? It's so hard to guess
😊

Share a heavyweight Alpha (limited time offer): Bitcoin L2 @BotanixLabs launches "hard yield" Bitcoin product stBTC
Yield: 50% network fee sharing (transparent) + airdrop expectations

Botanix is one of the most "hard" Bitcoin L2s in my eyes.
Botanix Labs has raised a total of $11.5 million, with investors including Polychain Capital, Placeholder Ventures, etc., all of which are top-tier VCs in the crypto space.

The node operators also have a luxurious lineup:
Galaxy (a company owned by Mike Novogratz)
Fireblocks (a custody giant valued at $8 billion)
Alchemy (a top global blockchain development platform)
Antpool (the second-largest Bitcoin mining pool in the world)
Core highlight: Real yield
Traditional yield-generating tokens either rely on inflation or mining subsidies, which essentially means the money comes from the users. But stBTC is different; its yield comes from a 50% share of the fees generated by the Botanix network — this is cash flow generated from real economic activity.

The mechanism is simple:
Deposit BTC → Receive stBTC → Automatically share network fees → Withdraw more BTC
From the data, early users can enjoy a yield rate of over 50%, which will gradually stabilize around 6% as the scale increases.

What's more interesting is the application scenarios. stBTC can be used in protocols like GMX, Blend, Dolomite, supporting the use of yield-generating Bitcoin for collateralized lending. This transforms Bitcoin from "digital gold" into "yield-generating asset".

Timeline:
Genesis vault opens on September 18, with an initial quota of $5 million
5 days later, it will be directly increased to $30 million
Overall, stBTC indeed provides a relatively reliable Bitcoin appreciation plan. For those who are unwilling to sell BTC but hope to obtain additional yield, this is an innovative product worth paying attention to.
Of course, participation also comes with potential airdrop expectations — as a heavyweight product of the Botanix mainnet, early users have a good chance of receiving airdrops.

Participation portal: https://yield.botanixlabs.com/

YGG market fluctuation, the reason for the increase from 90 million to 100 million has been found.

According to rumors, YGG may launch its own launchpad. Currently, the clear points are:
First, it is positioned as a vertical gaming launchpad.
Second, it will move towards a fair launch approach, borrowing from Virtuals.
The transformation logic is actually quite reasonable. The gaming project resources, community influence, and deep understanding of the blockchain gaming track that YGG has accumulated over the past few years provide a natural advantage for creating a launchpad.
With precedents like Virtuals, which created many wealth-building myths through point staking and gamified sales models, if YGG can replicate this gameplay in the gaming track, it theoretically possesses a differentiated competitive advantage.

$YGG Market
Circulating Market Value: 100 million USD
Unlock Progress: 84% unlocked
Next Unlock: September 27
Looking at the chip structure, the top 25 entities control 49% of the circulating supply, which is relatively concentrated; in terms of trends, $YGG has been consolidating sideways since 2022, fully washing out, with relatively little resistance above.

However, there are a few points that worry me.
First, the current market sentiment and capital focus are not on the gaming sector, so whether YGG's launchpad can rise against the trend during the downturn in the gaming track is uncertain.
Second, whether it can truly benefit the $YGG token itself. Last month, YGG officially announced a 1 million USD buyback, but the market response was not particularly enthusiastic.
In the end, while YGG's launchpad is strategically correct, its long-term value still depends on the specific implementation results. I will continue to follow up.

Suddenly inspired, I went to investigate Buidlpad founder and former Binance executive @ErickNomad.

1/ First, let's talk about the resume.

From 2018 to 2022, Erick served as the head of Binance Research and Launchpad, incubating over 20 projects, including Polygon, Axie Infinity, etc.
In April 2020, after Binance acquired CoinMarketCap, Erick was directly appointed as the new CEO, succeeding CMC founder Brandon Chez.
In November 2022, Erick founded Nomad Capital and received funding support from Binance in 2023.
In 2024, the ICO platform Buidlpad will be launched.

2/ Points worth pondering.

Currently, Buidlpad has officially announced 4 projects: Solayer, Sahara AI, Lombard, Falcon Finance.

Both Solayer and Sahara AI are listed on Binance (spot).
Solayer, Sahara AI, and Lombard are all projects invested by Nomad Capital.

What’s the use of knowing this?
First, pay attention to the unlaunched projects invested by Nomad Capital.
Second, observe Lombard's listing to see if it will be listed on Binance (I feel this is very likely).

Finally, remember to participate in the public offering of @FalconStable.

Little Octopus @OpenledgerHQ $OPEN will go live on Binance spot at 9 PM tonight.
After digging deep into its listing strategy and project details, I can only say that the ambition of this project far exceeds the surface.

1/ Listing Strategy

First, let's talk about the listing strategy. $OPEN adopts a "global layout + upward compatibility" dual strategy.

The "fully blooming" listing strategy
Global market: Binance
European and American market: Kraken, Uphold
Asia-Pacific market: Kucoin, Bitget, Coinone
and so on

The "upward compatibility" listing potential
By establishing user bases and trading volumes in different regions, $OPEN paves the way for subsequent listings on larger exchanges. For example, having a user base in Europe and America may lead to a listing on Coinbase; having trading volume in Korea may provide the opportunity to enter Upbit.
The core of this strategy is: to validate product-market fit with small and medium exchanges, accumulate real users, and then use data to apply for larger exchanges. Compared to projects that want to go directly to large exchanges without any user base, $OPEN's path is more pragmatic and has a higher probability of success.

2/ Openledger - Restructuring the AI Value Distribution System
Returning to the project itself, after carefully reading OpenLedger's white paper, to be honest, the ambition of this project is much larger than I expected.

Technical Architecture
A blockchain specially designed for AI, not a modified general-purpose chain
Supports data ownership, model version control, and refined rewards
Drives economic incentives through the $OPEN token

Market Positioning
Aiming at specialized AI models, rather than general large models. This direction is correct; there is indeed a need for more finely-tuned models in vertical fields now.
Traditional model: Data → Large Model → General Application
OpenLedger model: Specialized Data → Specialized Model → Vertical Application
The logic behind this shift is that while general large models have strong capabilities, they often lack precision and usefulness in specific scenarios compared to specialized models. Training specialized models requires high-quality vertical data, which is precisely the supply-demand matching problem that OpenLedger aims to solve.

Let's see what happens next.

Important News: $IP ecosystem 'Prince' Poseidon @psdnai has officially launched version 1.0.

Why do I call Poseidon the $IP Prince?
Look at the team composition:
Poseidon Co-founder - Former Chief AI Engineer at Story
Poseidon Chief Technology Officer - Former Chief AI Strategist at Story
Poseidon Vice President of Operations - Former Employee at Story
Look at the funding details:
In July 2025, Poseidon completed a $15 million seed round led by a16z.
Note that a16z is also the lead investor in Story Protocol.

What can you currently do with Poseidon?
It's simple.
Contribute personal audio, help train cutting-edge AI models, and earn points (which may be criteria for future airdrops).
However, it's important to note that audio must meet quality requirements; only audio that meets the standards will be approved and earn points.

From a broader perspective, since Grayscale announced the launch of the Story Trust on July 31, and NASDAQ-listed Heritage Distilling launched a $360 million $IP reserve program, along with the official launch of Poseidon, the $IP ecosystem is entering a critical period of intensive catalysts.

Poseidon Portal: https://app.psdn.ai/

Saying this might get me criticized, but it still needs to be said.

If the 'Trump Concept Coin' had a bloodline concentration test, then WLFI is the biological son, while Falcon is the adopted son.

More importantly, Falcon is currently in a strategic window period.

The value of this window lies not in simply riding the wave of popularity, but in entering the market with a more pragmatic and technology-driven project identity when the market has a basic understanding of the 'Trump concept' but has not yet become fatigued.

DWF can fully utilize this window period to position itself as 'the technological infrastructure within the Trump ecosystem,' rather than just another speculative target.
Such positioning may have more long-term value than merely riding the wave of popularity.

Mine Falcon: https://app.falcon.finance?r=6edd4fbbdd269563dff3326d1210bd33

The probability of the Binance Alpha project launching on the Binance spot market is only about 10%

According to a report by DWF Ventures, as of June 2025, the Binance Alpha platform has launched over 190 projects, of which only 18 have successfully launched on the spot market, resulting in a conversion rate from Alpha to spot of about 10%.

Aside from the data, the report reveals interesting details including:
In terms of narrative: Meme coins account for 39% of Alpha projects, but the highest conversion rate from “Alpha to spot” is for DeFi projects.
In terms of market capitalization: The two projects with the highest market caps (Ondo and Virtuals) are leaders in the RWA and AI sectors.

Binance's three-tiered project listing path (Alpha → Futures → Spot) essentially serves as a market validation process. Each step tests the project's liquidity, community engagement, and actual value.
Taking @olaxbt $AIO as an example, it has completed the first two steps:
August 2: Launched on the Alpha market
August 13: Launched on the futures market
Historical data shows that projects that have moved to the futures market are indeed more likely to enter the spot market than purely Alpha projects.

$AIO Chip Structure
Investors: 14%, no unlocking at TGE, lock-up period of 12 months
Team: 15%, no unlocking at TGE, lock-up period of 12 months
From an investment perspective, $AIO currently has a circulating market cap of $18 million, which is considered reasonable, with team and institutional tokens locked for one year; selling pressure mainly comes from community airdrops and market makers.

Potential future benefits for $AIO
RWA direction: The team has a background in traditional finance and is working with institutions to explore stock tokenization, allowing users to trade stock tokens directly with USDC.
AI-enabled trading: Promoting the “agent as a service” model to expand more applications.
MCP Space no-code platform: Enabling ordinary users to create AI trading agents without coding, allowing for customized strategies.

The final thought is that, compared to the “come one, come all” approach of other exchanges, Binance has established a relatively complete project incubation and screening mechanism through its Alpha platform. For $AIO, the probability of it launching on the Binance spot market is much greater than 10%. The reason lies not only in its successful passage through the first two rounds of validation but also in its actual application potential under the dual narrative of RWA + AI, as well as its healthy tokenomics design.

DYOR

$WAL may need to take action soon.

@WalrusProtocol @Walrus_CN recently announced two major news:
2025-8-12: Grayscale announced the launch of the $WAL trust
2025-8-13: Walrus Kaito leaderboard officially launched
The release of these two major news items in succession makes it hard not to feel that they were well-prepared.
From my years of experience with the Sui team, the concentrated release of good news is often just the prelude.
For example, on August 7, 2024, Grayscale launched the Sui trust, and at that time the Sui price was $0.61. After that, Sui continued to rise, reaching a new high of $4.9 on January 9, 2025. The current Sui price is $3.96.

What is the motive for the pump?
On March 20, 2025, Walrus raised $140 million through a token sale, and the foundation sold 7% of the total token supply at a fixed price of $0.4. This portion of tokens is locked for 1 year, and starting in March 2026, these 7% of tokens will be fully unlocked within a month.
Current $WAL price: $0.45
The Walrus team must operate the $WAL to an appropriate point before the expiry, otherwise it will be difficult to explain to participating investment institutions including Standard Crypto, a16z crypto, Franklin Templeton Digital Assets, etc. (all major institutions).

How is the pumping ability?
In terms of chip structure, the top 100 addresses hold 82.6% of $WAL tokens, and 70%+ of tokens are still locked in the foundation and team. The current circulating supply is 1.41 billion (28.3%), and the holdings are relatively concentrated.
Additionally, MystenLabs' operational capability has been validated countless times. From Sui's successful path, they know well how to promote token value realization through ecological construction, partnerships, and market operations.

How can retail investors participate?
The first type is risk-free Kaito yap. Currently, the official has not clarified the reward details, but it has revealed that stablecoins will be used for incentives instead of $WAL tokens.
The second type is purchasing on the secondary market. I dare not give advice, lest you lose and blame me; do your own research and take responsibility.
The third type is the second season of the airdrop event. In the $WAL token economics, 6% of tokens are reserved for future airdrops, but there is still no news about the second season airdrop event.

From the time window perspective, there are about 8 months left until the private placement token unlocks, which gives the team ample operational space. Although the crypto market has many variables, at least from a logical perspective, the conditions for $WAL have matured.