Biteye AI Daily May 15

Today’s zone market capitalization: $11.2B -6.5%

Market fluctuations, the overall adjustment of tokens in the zone, industry innovation remains active, and overall sentiment is optimistic.

📈24h Coingecko Trading Volume Top 10: Token Trading Volume Market Capitalization Price Volatility 1- $VIRTUAL $262.1M $1.3B $2.0 -0.4% 2- $KAITO $242.0M $466.3M $1.9 +0.7% 3- $TAO $142.9M $4.0B $458.9 -0.3% 4- $AI16Z $111.3M $377.6M $0.3 -8.4% 5- $PROMPT $104.9M $66.4M $0.3 -6.9% 6- $GOAT $100.1M $187.8M $0.2 -10.8% 7- $AIXBT $73.2M $193.2M $0.2 -6.5% 8- $TUT $61.5M $27.0M $0.03 -6.7% 9- $BANANAS31$45.7M $54.9M $0.006 -3.7% 10- $ALCH $37.2M $131.0M $0.2 -7.3%

⭐️Key Information

• The decentralized AI project @NousResearch, which has raised over $55 million, officially launched the testnet Psyche—a decentralized training network—and initiated a pre-training of a 40 billion parameter scale LLM. Nous’s DisTrO optimizer has broken bandwidth limitations, making peer-to-peer decentralized AI training possible. At the same time, Psyche utilizes part of Solana’s decentralized core infrastructure to store proofs of node operations in the network. Currently, participation is limited to applying to become a training node.

Comment: Decentralized model training is the technical key and bottleneck for achieving the democratization of AI, and Nous Research is tackling this challenge.

• The confidential computing network @Privasea_ai using FHEML (Fully Homomorphic Encryption Machine Learning) has completed its TGE on Binance Wallet, with airdrop now open for claims, and has been launched on Binance Alpha.

• Swarms @swarms_crop has launched SwarmsTrace, an enterprise-level monitoring and operation platform designed for large-scale multi-AI Agent collaboration, supporting the tracking and analysis of AI Agent execution actions, as well as configuring and managing AI Agent workflows.

Comment: It appears that Swarms is currently focused on ToB services, and the token is performing well in the zone. The official announcement states that they have over 150,000 users, and we look forward to Swarms sharing more real user cases to help us gain deeper insights.

• Tether @Tether_to introduced their AI project QuantumVerse Automatic Computer (QVAC), a decentralized AI platform featuring ultra-modularity, privacy, and unlimited scalability, supporting the deployment of AI products on any local device including smartphones, brain-computer interfaces, and robots, allowing for peer-to-peer collaboration between AI Agents, and using Bitcoin and USDT for transactions, fundamentally achieving the democratization and decentralization of AI. The announced SDK and products in translation, health, etc., will be launched soon.

Comment: QVAC is designed to truly reach the end users, which may bring changes to the decentralized AI field.

📊 Data source: @cryptohunt_ai, Cookie DAO, Coingecko

💡Risk Warning: The above is for information sharing only and is not investment advice.