Verida DAO Launches Private AI Grants Program

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.

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.

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.

Arkreen, a Web3-powered infrastructure company focused on renewable energy and carbon reduction, has announced a strategic partnership with GEODNET, a leader in Earth observation and operator of the largest Real-Time Kinematics (RTK) network globally. This collaboration falls under the "Plug for Green Program" (PGP) and aims to enhance carbon neutrality within Decentralized Physical Infrastructure Networks (DePIN). Together, they are paving the way for a sustainable future by leveraging innovative technologies to address energy consumption and carbon emissions in the mining sector. The partnership introduces a novel approach to monitor energy consumption and offset carbon emissions through the integration of GEODNET's satellite miners and Arkreen's Smart Plugs. By utilizing Arkreen's tokenized Renewable Energy Certificates (RECs), users can now directly offset their carbon emissions from brown energy consumption on-chain. This initiative not only promotes a greener mining process but also unlocks new opportunities for participants to engage in environmentally responsible practices while benefiting from dual-mining rewards. As a key player in global Earth observation, GEODNET enhances the capabilities of autonomous systems with its advanced RTK network, which offers significant improvements in positional accuracy. Through the Plug for Green Program, Arkreen equips GEODNET with real-time energy monitoring and innovative green incentives, encouraging the community to adopt carbon-neutral practices. This partnership exemplifies the potential of Green DePIN initiatives, empowering participants to contribute to global sustainability efforts while reaping the rewards of eco-friendly mining.

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.

CUDOS, a prominent player in sustainable and decentralised cloud computing, has recently forged a strategic partnership with ParallelAI, a pioneer in parallel processing solutions tailored for artificial intelligence. This collaboration aims to merge CUDOS's high-performance Ada Lovelace and Ampere GPUs with ParallelAI's Parahub GPU Middleware, thereby creating a decentralised AI compute environment that promises exceptional efficiency and scalability. By leveraging CUDOS's decentralised infrastructure, ParallelAI's $PAI ecosystem will gain access to robust and cost-effective GPU resources, enabling accelerated AI workloads that allow developers and enterprises to optimize GPU utilization while minimizing operational expenses. The timing of this partnership is particularly significant as CUDOS continues to build on its recent token merger with ASI Alliance members, which include notable entities like Fetch.ai, SingularityNET, and Ocean Protocol. This strategic alignment further cements CUDOS's position within a globally recognized decentralised AI network. ParallelAI's upcoming launches of the Parilix Programming Language and PACT Automated Code Transformer are set to complement this partnership, simplifying GPU programming and enhancing the accessibility of parallel processing for developers, thus fostering innovation in the AI sector. The collaboration between CUDOS and ParallelAI signifies a mutual dedication to promoting sustainable and accessible AI computing solutions. As the integration of their technologies advances, this partnership is poised to usher in a new era of decentralised, high-performance computing, ultimately redefining the landscape of artificial intelligence for developers and enterprises alike. With ParallelAI's ability to enhance compute efficiency by significantly reducing computation times, the synergy between these two companies is expected to empower a wide array of AI-driven projects and large-scale data analyses.