🏴 Can Crypto Beat Google?

gm Bankless Nation, investors have bought into the AI x Crypto meme, but do the protocols involved stand a chance?

Can Crypto Beat Google? Published on Mar 14, 2024 View in Browser gm Bankless Nation, Investors have bought into the AI x Crypto meme but do the protocols involved stand a chance? Today's Issue ⬇️ ☀️ Need to Know: EigenLayer 🔜 Restaking gets ready for takeoff. 📊 Today in Markets: Swap Frenzy DEX aggregators are winning big. 🧪 Analysis: Crypto's AI Solution Can Crypto's AI protocols beat Google? 🎧 Early Access: Bullish L2 Tokens Should we be bullish on L2 tokens? Sponsor: Kraken — Sign up for an account and see what crypto can be. Sign up for Kraken .  .  . NEED TO KNOW Countdown to EigenLayer 🚀 EigenLayer nears mainnet. The much-hyped restaking protocol is getting ready for primetime, teasing its final roadmap for the "next several weeks." 🙅 Craig Wright is not Satoshi, judge rules. A U.K. judge declared that litigious computer scientist Craig Wright is not Satoshi Nakamoto and did not author the Bitcoin whitepaper, despite his claims otherwise, CoinDesk reports. 🗳️ Crypto holders lean Trump. A study authored by Paradigm suggests that registered U.S. voter crypto holders are fairly split between major candidates but lean toward Trump. .  .  . TODAY IN MARKETS DeFi Wins Big on Memecoin Frenzy 📊 Swap Surge. A flurry of speculative trading activity on Ethereum and its L2s has increased swap volumes, benefiting the tokens behind the ecosystem’s DEX aggregators! 0x Protocol’s ZRX has been at the forefront of this volume-led rally, but the fundamentals suggest an overlooked contender should be capturing traders’ attention. Which DEX aggregator token could be on the brink of breaking out? Read More on Bankless.com Prices as of 7pm ET 24hr 7d Crypto $2.71T ↘ 1.9% ↗ 6.7% BTC $71,600 ↘ 2.1% ↗ 6.8% ETH $3,884 ↘ 3.0% ↗ 0.7% .  .  . ANALYSIS Can Crypto's AI Protocols Beat Google? Bankless Author: David C. Despite the potential for massive value creation in AI, tech's giants seem poised to eat the opportunity. But don't worry; crypto's builders are working on a solution. A new class of protocols is enabling the development of so-called Decentralized Virtual Infrastructure (DeVIN). The technology taps the blockchain to create markets that expand access to GPUs and data storage.  Let's look at the current state of the compute bottleneck crisis, the overall benefits of DeVIN, and standout projects leading the charge in this arena 👇 Read the Full Analysis FRIEND & SPONSOR: KRAKEN Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be. Sign up for Kraken .  .  . EARLY ACCESS L2 Tokens: Bullish or Bearish? Are Layer2 Tokens bullish, or are they just worthless governance tokens? We’ve brought a team of expert panelists to help us answer that exact question. Mike Ippolito, Jordi Alexander, and Anthony Sassano explore Layer 2 business models, where value is accrued, and how to capture that upside. Bankless Citizens get Early Access to our Monday podcast and an exclusive Debrief conversation unpacking the episode 👇 Unlock in Early Access .  .  . GO BANKLESS Earn Airdrops! Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays! It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting! Don't Miss the Next One! Manage your account Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe