lianyanshe

Circle's market value has surpassed the issuance of USDC... Are you serious?

Ethereum is still awesome; it doesn't matter who calls the shots, the institutional meat grinder lives up to its name.

One fish, three eats on the Sui chain, unlocking multiple earnings and 3x airdrop points

Mainly introducing how to earn basic income + protocol points + future multiple airdrops with the same asset through the Nemo Protocol

Enjoy 3x airdrop points while benefiting from one fish multiple times, currently the POOL yields are SUI (26%), USDT (25%), USDC (23%). Please refer to the image below for operations.

We are in an era of data explosion, but the way we manage this massive data seems stuck in the past. Centralized cloud services are expensive and also require us to give up data sovereignty; while traditional decentralized storage, although conceptually advanced, struggles with performance and fails to meet the demands of high-frequency dynamic applications like AI and RWA. Is the 'impossible triangle' of data storage—cost, performance, and decentralization—really impossible to balance?

CESS Network @CESS_Storage is providing an answer.

As the world's first decentralized data infrastructure that integrates L1 public chain, infinite storage, and AI technology, CESS is building a brand new engine for the trillion-dollar data economy. It aims not only to break down traditional data sovereignty barriers but also to provide solid and efficient underlying support for cutting-edge application scenarios such as AI, RWA, and DePIN. Here are some fundamental data points.

With its strong technical capabilities and broad prospects, CESS has successfully secured $8 million in funding from well-known institutions including Avenir Capital, Infinity Ventures Crypto, DWF Labs, Mentha Partners, and IGG Capital.

As the TGE (Token Generation Event) approaches, CESS has launched the final wave of the interstellar program airdrop campaign, where participants can earn points by completing tasks, which can be redeemed for $CESS tokens in the future. For details on how to participate, please see below 👇

Has the market misjudged the value of Circle and Coinbase?
Circle has become completely incomprehensible, with a total issuance of only 60 billion USDC, and its market capitalization has now reached 54.1 billion USD, close to its issuance amount. There's not much to say now except wanting to slap myself twice; its price reaching 250 has nothing to do with me anymore.

Circle's profits come almost entirely from interest income from government bonds, and these profits have largely flowed to Coinbase, contributing up to 910 million USD in revenue just in 2024.

The high price of Circle instead highlights the cheapness of Coinbase.
1. Most of Circle's profits are taken by Coinbase.
2. $COIN has officially been included in the S&P index, which is highly valuable.
3. Coinbase's market cap is 78.1 billion, only 1.4 times that of Circle, yet its profitability is 10 times greater.

Buying coin and selling Circle may be a good strategy now.

Pump: Over 1.1 billion in profit since last year, cryptocurrency market valuation at 4 billion, heavily criticized by the community
Circle: Last year's net profit of 150 million, current valuation on the US stock market at 37.3 billion, almost no one on board

Seeing this situation, I was momentarily speechless.

ZKJ and KOGE, these two stablecoins have officially closed their operations, today suffered a loss of 200U and got laid off from Alpha 😂

Resolv How to Achieve On-Chain Real Returns with the Three-Coin Model
As a next-generation DeFi stablecoin protocol, Resolv's core product is USR (crypto-native, delta-neutral stablecoin), which achieves a dollar peg through hedging with ETH/BTC spot and perpetual contracts. The project adopts a "USR stablecoin + RLP risk layer + RESOLV governance token" three-coin model, representing a "second generation" stablecoin in the DeFi space with high capital efficiency, native yields, and decentralized risk management mechanisms.

The core of Resolv is its delta-neutral strategy, a complex financial engineering approach designed to maintain a 1:1 peg of the USR stablecoin to the dollar without relying on traditional fiat collateral.

The following RESOLV presents the project's key data.

The Alpha I brushed in the evening is profitable, what's going on 😂

In the cryptocurrency group, there are 100 messages a day, in the US stock group, there are thousands of messages a day that you can't even keep up with. What kind of outrageous increase is this from Circle?

How can a war be beneficial for stablecoins? 😳

$CRCL

Lista DAO, as an emerging decentralized finance (DeFi) protocol on the BNB Chain, is experiencing rapid growth, with TVL surpassing $2 billion in the short term, becoming one of the top 3 DeFi projects on the BNB Chain. Through a trinity of liquid staking, decentralized stablecoins, and P2P lending, it forms an efficient capital closed loop. It has also received a $100 million incentive program from the BNB Chain, and the BNB Chain Foundation wallet purchased $100,000 worth of $LISTA.

Here are the details👇

Roam Ecosystem Analysis: Staking (Up to 200% Annualized) , Lockup (Free Global Data Package), Reverse Burn Arbitrage, and Premium eSIM Full-Function Communication Solutions
➤ Detailed Explanation of Staking and Lockup
Staking Function
🔹Roam's staking pool is divided into a regular pool and a miner pool. Regular users staking $ROAM can earn an annual percentage yield (APY) of about 50%, while the miner pool can reach an APY of up to 200%, with an additional acceleration reward of 20%-30%. The miner pool is primarily aimed at node operators, incentivizing them to expand Roam's DePIN network infrastructure.

🔹The current locked amount in the regular staking pool exceeds one million $ROAM, with an APY in the range of 15%-50%. The miner pool has a smaller locked amount but a higher APY, reaching up to 200%.

Lockup Function

🔹Users can lock $ROAM for 28 days to receive a free global roaming data package. For example, locking 100 tokens provides 5GB, 200 tokens provide 12GB, and 500 tokens provide 30GB of data traffic.

🔹Lockup not only reduces the circulation of tokens but also allows users to directly experience Roam eSIM services, promoting their conversion into paying users.

🔹Data coverage in over 180 countries, with 4G/5G networks that are unlimited and do not reset, which is very attractive.

Web3 Entertainment Community MEET48 Token $IDOL Successfully Launched on Binance Alpha and Major Exchanges. It is the world's first economic ecosystem focusing on the entertainment field with AI-Agents and AIUGC creators and fans, valued at 100 million USD, backed by prominent institutions such as Liang Xinjun, Co-Founder of Fosun Group, Hash Global, HashKey Capital, Animoca, and others.

Through the "Idol Cultivation" and "Fan Economy" models, it introduces MEET48's mass adoption of Web3 through entertainment from three aspects.

The 'Useless Use' of Pop Mart Has Become the Greatest Value

We have always recognized paying for material things, but the emotional economy is rapidly developing and growing. Generation Z has long been free from material anxiety; the essence of the emotional economy is the spiritual necessity in an age of material surplus.

When functional needs are fully met, the core of consumer decision-making shifts to emotional identification and the construction of a sense of existence. The success of Pop Mart reveals that:

​Products are Media​: Creating space for user emotional projection through IP blank spaces.
​Consumption is Experience​: Making the shopping behavior entertaining, ritualistic, and the experience of rare blind box items is unique.
​Brands are Communities​: Strengthening user sense of belonging through UGC and subcultural dynamics, with celebrities promoting products.

As the emotional economy market grows, who can say that flipping sneakers, flipping NFTs, playing memes, and the millet economy don't count?

The success of Pop Mart is not an isolated case, but a reconstruction of consumption logic in an era of material surplus. As the functional value of products gradually takes a backseat, the narrative ability of cultural symbols and the scarcity of emotional resonance are becoming the core driving forces of the new consumption era. Yet, I still cannot discern what kind of emotional products are good products.

ICN: The financial backer behind Xiaomi bets on Web3 full-stack cloud. What is the strength of the 470M valuation?

At the end of May, ICN (Impossible Cloud Network) @ICN_Protocol announced that it had received strategic investment from NGP Capital, with a valuation of US$470 million. Many people's first reaction was: "Xiaomi invested in Web3?" Although this was not a direct move by Lei Jun, it was made by NGP Capital, the hard-core fund that had bet on Xiaomi, Helium, and WorkFusion. This means that ICN is not a storytelling project, but a real infrastructure player favored by traditional hard-core capital.

➤ What is ICN? Why is it favored by long-term institutions?
ICN is positioned as a full-stack decentralized cloud, dedicated to building the infrastructure layer of the decentralized Internet, a permissionless, composable cloud platform that integrates storage, computing, and networking. It not only provides Web2-level performance and experience, but also has the anti-censorship and community-driven characteristics of Web3, challenging the monopoly of centralized giants such as AWS and Google Cloud.

➡️This is not an abstract vision, but a project that has been implemented in the European market:

- Revenue strength: In 2024, ICN has achieved an annual revenue of 5 million US dollars, serving 1,000+ corporate customers, with a growth rate of over 2,000%. The reserve order exceeds 250PB, the real-time operation storage is 50PB, and 20-50 million files are processed daily, which has real market verification.
- Leading position in Europe: As the fastest growing cloud service provider in Europe, ICN was founded by serial entrepreneurs. The founder Kai Wawrzinek has the experience of listing on the Nasdaq of Goodgame Studios, and the team has received 31 million US dollars in financing (1kx, Protocol Labs, etc.).
- Community and nodes: With 250,000+ community members and 220,000+ test network users, its HyperNode + SLA Oracle model encourages participation through high-first-low-last rewards (18.4% released in the first month), and node sales revenue exceeds 12 million US dollars.
- Future plans: The mainnet and $ICNT tokens are expected to be launched in Q2 2025. It has been confirmed that multiple centralized exchanges support it. The brand is active in global events such as PBW and Token2049.

Unique highlights: ICN is called "AWS of Web3" not only because of its full-stack architecture, but also because it has achieved commercial results before the token is issued. Compared with the closed systems of Web2 giants, ICN provides an alternative that is censorship-resistant and has a low threshold;Compared with other DePIN projects, ICN's multi-business integration and B2B verification are more competitive.

➤ Comparison and economic model of ICN and other DePIN projects
Compared with "point-like projects" that only focus on a certain resource (such as Filecoin is limited to storage, Akash/IO.net focuses on computing power), ICN has chosen a more difficult but more valuable route-to be a "decentralized AWS" with a unified architecture and modular composability:

In addition, the HyperNode + SLA Oracle double-layer structure proposed by ICN also refreshed the node model, encouraging the community to participate in platform construction by "contributing resources to get profit sharing", opening up channels for future B2C expansion.

Economic model:
The total supply of $ICNT is 700 million (700,000,000), which is expected to be gradually released within 60 months (5 years). Node rewards, ecological development, and team allocation all adopt a decreasing or linear release method to avoid excessive selling pressure in the short term. The team and investors will not unlock in the first 12 months, reflecting long-term commitment.

➤ Outlook for the next stage of the DePIN track
The DePIN track is moving from single functions (such as storage and computing power) to full-stack infrastructure. ICN has seized this trend, especially when AI and data services place higher demands on computing power and architecture. Decentralized cloud has become the "water, electricity and coal" of Web3 due to its low cost, strong elasticity and high controllability, and is an indispensable infrastructure.

Potential of ICN:
🔸Full-stack vision: The integrated design of storage + computing power + network makes ICN a "one-stop" solution for developers and enterprises, and may support decentralized AI, social and other scenarios in the future.
🔸Community-driven: Through node dividends and $ICNT tokens, ICN promotes B2C growth, similar to the bottom-up model of the Bitcoin miner community.
🔸Challenge Web2 giants: ICN's ultimate goal is to compete with AWS and Alibaba Cloud, provide enterprise-level services in a decentralized way, and avoid censorship and lock-in risks.

Conclusion: Web3's cloud should not be defined by Web2 giants

ICN is promoting a less noisy "infrastructure revolution". It is not about improving a certain functional module, but rebuilding the entire technical foundation. It makes people think again: Should the decentralized world also have its own AWS?
We have all witnessed Xiaomi's investment story. Today, its investors are investing in a new future in Web3.

⏰The project TGE is coming soon, and some current participation angles are for reference: the previous Galxe Galaxy mission has ended, you can pay attention to the HyperNode plan and participate in the low-threshold node construction; or participate in social posting.

Log in to the official website: /world.icn.global Select the country and link the wallet and Twitter. Try to use the old wallet to link, because it involves the anti-witch Github score test, remember to mark#ICNTWorldDominationwhen posting

If you are interested, you can follow the official @ICN_Protocol or Chinese @ICN_China to learn more about the latest developments of the Q2 mainnet and tokens.

A platform for trading Hong Kong and US stocks with USDT without costs: Biyapay

Investing in high-quality global assets cannot be separated from US stocks, but transferring from crypto assets to US stocks can be too complicated. If you don't have a foreign currency card and want to trade US stocks, you can try this.

I previously wrote a complete withdrawal tutorial from USDT to fiat currency, but some people don't have a Hong Kong card, or the costs are too high after several operations, and remittances also take time. Converting back to USDT is also quite troublesome.

Registration link (remove the space after the period): biyapay.com/re/45922589 (20% fee waiver)

➤ Advantages and disadvantages of different Hong Kong and US stock brokers
Advantages
1. USDT can be directly exchanged for USD at a 1:1 ratio without costs
2. Can trade digital currencies, but the variety is very limited
3. Lower fees than Futu, and using the referral code gives a 20% discount, fees are only second to Interactive Brokers, registration link is above
4. The ordering mechanism is 1:1 real-time orders into the US stock market, and other methods also support the possibility of betting on US stocks with USDT
5. The trading experience is closer to digital currency trading rather than traditional US stock trading
6. There is a 5.48% USD/USDT current financial management yield
7. Compared to other US stock brokers, it might help avoid taxes; at least I haven’t received any notification using Interactive Brokers and Biyapay

Disadvantages
1. Loan interest is too high
2. Cannot participate in new issues of Hong Kong and US stocks
3. Has licenses from the USA, Canada, and New Zealand, but compared to legitimate internet brokers, it may have certain risks, not recommended to invest too much capital
4. Currency exchange fees are too high; for example, converting USD to HKD incurs high costs
5. No pre-market trading

Other Functions
- Global remittance is the main business of biyapay, but compared to backpack, karken, and Victory Securities, the remittance fees for fiat currency are relatively high, unless exchanging for other foreign currencies, the cost for converting USDT to fiat currency is 1%

USDT payment card
- There is a quick card, but the fees are not very competitive, worse than infini.

A platform for trading Hong Kong and US stocks with USDT without loss - Biyapay

Investing in high-quality global assets is inseparable from US stocks, but the process of converting crypto assets to US stocks is too cumbersome. If you do not have a foreign currency card and want to trade US stocks, you can try this.

Previously, I wrote a tutorial on how to withdraw from USDT to fiat currency, but some people do not have a Hong Kong card, or the loss is too high after several operations. Additionally, remittance takes time, and converting back to USDT is also quite troublesome.

Registration link (remove the space after the dot): biyapay.com/re/45922589 (20% fee waiver)

➤ Pros and Cons of Different Hong Kong and US Stock Brokers
Advantages
1. USDT can be directly exchanged 1:1 for USD without loss
2. Can trade digital currencies, though the variety is very limited
3. Transaction fees are lower than Futu, and using the referral code gives a 20% discount, with fees second only to Interactive Brokers. The registration link is above.
4. The ordering mechanism is real-time 1:1 orders to the US stock market; other uses also support the possibility of betting with USDT to buy US stocks.
5. The trading experience is closer to digital currency trading rather than traditional US stock trading.
6. There is a 5.48% USD/USDT current financial management return.
7. Compared to other US stock brokers, it may be able to avoid taxes; at least I have not received any notifications using Interactive Brokers and Biyapay.

Disadvantages
1. Loan interest is too high
2. Cannot participate in new listings for Hong Kong and US stocks
3. Holds licenses from the US, Canada, and New Zealand, but compared to formal internet brokerages, there may be certain risks
4. Currency exchange fees are too high; for example, exchanging USD to HKD incurs significant loss.

Other Functions
- Global remittance is the main business of biyapay, but compared to backpack, karken, and Victory Securities, the remittance fees for fiat currency are relatively high, unless exchanging for other foreign currencies. The fee for converting USDT to fiat currency is 1%.

USDT Payment Card
- There is a fast card, but the fees are not very competitive, not as good as infini.

➤ The large-scale adoption of stablecoins: Does Sui have the opportunity to overtake?
In the future, as the large-scale adoption of stablecoins brings more internet users into the Web3 world, currently only about 10% of internet users are Web3 users, indicating significant growth potential.

Since 2024, the market value of stablecoins on the Sui chain has experienced explosive growth, increasing nearly 200 times in a year, with the compliant stablecoin USDC being the main driving force, dominating 75% of the Sui stablecoin ecosystem.

Why is there a reason for potential overtaking?
1. The Sui project originated from the Facebook stablecoin team.
Core members of the Sui team come from Facebook (Meta) Diem/Libra stablecoin project. They have transformed Facebook's technological advantages, such as smart contract language (Move) and high-performance parallel processing, into the underlying architecture of Sui. At the time, the Diem/Libra stablecoin project had been fully developed, but was halted by regulatory issues. Now, with Circle's listing leading to a relaxation of regulations in the crypto industry, Sui has unique advantages in global compliance funding, institutional collaboration, and stablecoin expansion.

When AI model parameters break through the hundred billion level, the value of data as 'the new oil' is infinitely amplified. High-quality data models become smarter, yet they fall into the triple dilemma of 'ambiguous rights confirmation, imbalanced distribution, and inefficient circulation.' SaharaLabsAI @SaharaLabsAI has provided a systematic solution, referred to as the 'Web3 Operating System of the AI Era.'

The public round of SaharaLabsAI can KYC in most regions on Buidlpad, and I have already decided to participate. You can decide whether to join after reading the following text.

Key Points of the Article
Vision: SaharaLabsAI is committed to building an AI-native Layer 1 blockchain to solve issues of data ownership, value distribution, and governance transparency, positioning itself as the 'Web3 Operating System of the AI Era.'
Core Advantages: Led by AI and Web3 experts, it has received $51.5 million in investment, collaborating with Microsoft, Amazon, etc., and the testnet data is impressive (3.2 million accounts, 1.4 million daily active users).
Product Ecosystem: Includes Data Service Platform (DSP), AI Development Platform, AI Trading Market, and Knowledge Agent. The testnet is expected to go live in May 2025, with the mainnet anticipated in Q2/Q3 2025.
Economic Model: The $SAHARA token is used for governance, fees, and staking, with a public offering valuation of $600 million, and the tokens will be 100% unlocked at TGE.
Controversy: The last round valuation was $400 million. Although the pre-issue of $600 million on Buidlpad seems a bit high for the current market valuation, it is still worth participating. There is a KYC threshold, the last project that did this was Solayer, which ultimately returned close to 10 times. SaharaLabsAI's initial high valuation is expected to be around 3-5 times.

#AIforALL

What is this altcoin and why is it rising so rapidly? A market cap of 25 billion dollars is really hard to get into; if you buy in, it might actually become 250.

The valuation of Circle at 20% to 30% of Coinbase is quite reasonable, and earning 500 million dollars a year is not a problem. Based on a price-to-earnings ratio of 30, that puts it at 15 billion dollars, so it's better to wait until it's below 15 billion dollars to buy.

Most investments were made at a valuation of 4.5 billion dollars or higher, so at least the book return is already 5 times.