Arkreen and GEODNET Partner for Sustainable Green DePIN Initiative

The Verida DAO has officially launched its inaugural Verida Private AI Grants Program, aimed at promoting innovation within the realms of Private AI and decentralized storage. This initiative is designed to support groundbreaking projects that leverage the Verida Private Data Bridge, which is set to expand its capabilities by integrating additional data connectors. By doing so, the program will empower developers using the Verida API to access a broader range of user data, ultimately leading to the creation of more sophisticated AI agents and applications. The grants will be available from November 15th to February 15th, with a total grant pool valued at $30,000 in VDA tokens. The program features multiple tiers of funding, catering to various levels of project complexity. Tier 1 offers $500 for extending existing connectors, while Tier 2 provides $1,000 for basic connectors. For more advanced projects, Tier 3 awards $2,000 for high complexity connectors, and Tier 4 grants $3,500 for advanced connectors. This tiered approach encourages a wide range of innovative solutions within the decentralized storage ecosystem. Interested participants can register their interest by filling out a designated form, which will be reviewed by the DAO team. Successful submissions will lead to further discussions about the proposed projects. The Verida DAO is enthusiastic about the potential contributions to the future of Private AI and looks forward to seeing innovative solutions that enhance the decentralized storage landscape. This initiative marks a significant step towards realizing Verida's long-term vision of unlocking data for diverse Private AI use cases.

In the ever-evolving landscape of cryptocurrencies, today's top trending altcoins include Drift (DRIFT), Notcoin (NOT), and Grass (GRASS). Drift, the governance token of the Solana-based decentralized exchange Drift Protocol, is gaining traction following its recent listing on the South Korean exchange Upbit. The listing, which pairs DRIFT with Bitcoin (BTC), USDT, and the Korean Won (KRW), has led to a staggering 500% surge in trading volume and an 88% increase in price, currently sitting at $0.95. However, technical indicators suggest that DRIFT may be overbought, with a Relative Strength Index (RSI) reading of 77.05, indicating potential for a price retracement to $0.70 unless buying pressure continues to push it higher. On the other hand, Notcoin (NOT) has not fared as well, experiencing a 16.69% decline in the last 24 hours, bringing its price down to $0.0063. Despite this downturn, Notcoin has formed a falling wedge pattern on the daily chart, which is typically a bullish reversal signal. If the price can hold above $0.0060, there is potential for a rebound towards $0.013. However, a drop below this level could see it fall further to $0.0056, indicating a precarious position for investors. Grass (GRASS) continues to impress, having appeared on the trending list consistently over the past week. The token, associated with the Decentralized Physical Infrastructure Network (DePIN) project, has surged by 31.81% in the last 24 hours, making it one of the top performers among the top 100 cryptocurrencies. With a positive Moving Average Convergence Divergence (MACD) reading, there is optimism that GRASS could climb above $3.33. However, profit-taking by holders could lead to a decline below $2.50, highlighting the volatility inherent in the crypto market.

In October 2024, Bistroo has made remarkable progress in enhancing its sales pipeline and marketing efforts, as detailed in the latest update for token holders and the broader community. The company launched several projects aimed at improving the sales funnel, resulting in a staggering 234% year-on-year increase in first-time users, with 7,224 new orders placed. Additionally, 3,186 new user accounts were created, marking a 199% increase compared to the same month last year. The number of new merchants going live also saw a significant rise, with 39 new merchants compared to 25 in October 2023, alongside 75 new appointments scheduled, reflecting the company's commitment to expanding its reach as the holiday season approaches. On the marketing front, Bistroo has focused on growth through partnerships and community engagement, celebrating its 5th anniversary in September. The company has made significant strides in search engine optimization (SEO) efforts, particularly with its Pages product, which allows merchants to create whitelabel websites. This initiative aims to drive more search traffic to these pages, enhancing visibility and engagement. Furthermore, Bistroo has improved its Google My Business support, providing merchants with an additional channel to connect with their audience directly. Two strategic crypto partnerships are also in the pipeline, set to be announced soon. In terms of development, Bistroo has rolled out multiple updates to enhance user experience. A notable feature introduced is the 'as soon as possible' expiration setting for orders, which automatically closes unconfirmed orders after two hours. This update aims to streamline operations for merchants and improve order management. Other enhancements include adjustments to notification settings, quality of life improvements for security, and bug fixes for the revenue system. With these developments, Bistroo continues to empower restaurants through its SaaS infrastructure, leveraging the BIST Token to facilitate lower fees and instant payouts for online orders.

In the latest edition of the 4EVERLAND Bi-Weekly Report, the project has showcased significant advancements and user engagement strategies over the past two weeks. Notable developments include the successful launch of the Points Withdrawal feature and a joint promotional campaign with OKX Wallet, which aims to enhance user interaction across platforms. Additionally, the project is actively working on the 4EVER Key Stake functionality and has introduced a new account section in Boost for a more personalized user experience. The integration of new AI RPC models, including OpenAI's GPT-4o-mini and Google's Gemini Flash 1.5, further exemplifies 4EVERLAND's commitment to leveraging advanced technology in its offerings. Strategic partnerships have also played a crucial role in 4EVERLAND's growth. Collaborations with InfinityGround, CodexField, and PiggyPiggy are set to provide users with exclusive airdrop rewards and decentralized hosting services. The project encourages user participation through various activities, such as depositing LAND for Points rewards and engaging in the 4EVER Boost Campaign, which offers a chance to earn $4EVER points through storage and network engagement. The community's involvement is highlighted through user-generated articles that enhance understanding and interaction with the platform. Looking ahead, 4EVERLAND is focused on technical upgrades, ecosystem expansion, and community engagement. The project has seen impressive user growth, with over 200,815 new users and a total of 151,164 transactions recorded in the last fortnight. As 4EVERLAND continues to refine its technical architecture and collaborate with more projects, it aims to strengthen its position in the blockchain space and foster a vibrant community. The future looks promising as they prepare for upcoming developments and user-centric initiatives.

The cryptocurrency market has recently experienced significant volatility, particularly with assets like Pepe and Bittensor showing dramatic price fluctuations. Investors are increasingly turning their attention to Rollblock ($RBLK), a Web3 casino platform that promises more stable and bullish price action. With the potential for remarkable gains, many believe that Rollblock could achieve 100x returns in this market cycle, making it an attractive opportunity for crypto enthusiasts. Pepe ($PEPE) has made headlines with a notable bounce, increasing its value by 12.2% to reach $0.0000092. This surge has been accompanied by a substantial rise in trading volume, with over 1.3 billion Pepe tokens exchanged in just 24 hours—a staggering increase of 123%. Notably, a whale transaction of over $5 million worth of Pepe has sparked interest, suggesting that if this momentum continues, Pepe could approach its yearly highs soon. Similarly, Bittensor ($TAO) has experienced an 18% increase, recovering from a dip and solidifying its position within the top 25 cryptocurrencies by market cap. Rollblock ($RBLK) is making waves as it continues to achieve all-time highs, recently hitting $0.033. This early-stage casino startup has attracted 20,000 investors who have collectively contributed $4.9 million, drawn by the promise of trust and transparency in the $450 billion online gaming industry. With all transactions recorded on the Ethereum blockchain, Rollblock ensures no manipulation of bets and instant verification. The platform currently offers over 7,000 casino games, with payouts made in the native RBLK token. The tokenomics of RBLK, including buybacks and staking rewards, position it as a potential blue-chip asset in the crypto space, making it a compelling option for investors looking to capitalize on the ongoing presale.

This month, the decentralized energy network Starpower has successfully graduated from Alliance's 13th phase and has launched an exciting airdrop event. The initiative has already attracted over 200,000 newly registered users, reinforcing Starpower's status as the leading energy decentralized physical infrastructure network (DePIN) in terms of user base. Looking ahead, the project has ambitious plans to surpass 1 million users by 2024 and aims to outpace Tesla's device activation numbers within the next five years, leveraging its innovative DePIN model. According to insights from the Web3 asset data platform RootData, Starpower operates as an open protocol for decentralized energy networks. The recently initiated airdrop event is set to run until the mainnet launch, during which a total of 30 million tokens will be distributed as rewards. These rewards will be allocated to users who purchase devices, activate NFTs, and engage actively within the community. This strategic move not only incentivizes user participation but also aims to build a robust ecosystem around decentralized energy solutions. In light of these developments, ChainCatcher emphasizes the importance of approaching blockchain technology with a rational mindset. Users are encouraged to enhance their risk awareness and exercise caution regarding various virtual token issuances and speculative activities. It is crucial to note that all content provided by ChainCatcher serves as market information or opinions from related parties and should not be interpreted as investment advice. For any sensitive information encountered, users are urged to report it for prompt handling.