Biteye AI Daily Report September 10

Today's zone market capitalization: $13.51B -1.78%

The market fluctuated slightly, and projects in the long-termism zone are gradually realizing their value. ⭐24h Coingecko Trading Volume Top 10: Token Trading Volume Market Capitalization Price Volatility 1- $KAITO $824.8M $342.2M $1.43 +9.8% {spot}(KAITOUSDT)

2- $IP $599.9M $3.2B $10.36 +20.5% {future}(IPUSDT)

3- $FLOCK $446.0M $89.7M $0.40 +28.7% {future}(FLOCKUSDT)

4- $VIRTUAL $271.1M $835.9M $1.28 -1.2% 5- $PROMPT $199.6M $47.1M $0.21 +23.0% 6- $AI16Z $176.2M $123.9M $0.11 -9.0% 7- $TAO $91.6M $3.2B $338.11 -1.6% 8- $AIXBT $54.8M $114.3M $0.12 -3.6% 9- $SAHARA $53.0M $208.4M $0.09 -3.4% 10- $GOAT $50.2M $95.9M $0.10 -1.1%

⭐Key Information

1. Kite Chain @GoKiteAI has updated and deployed a brand new staking contract.

• The upgraded staking contract will bring better yield rates and module architecture, providing users with a more efficient staking experience and long-term ecological incentives.

• For users who have participated in the testnet staking, the staked funds in the old contract remain safe and will be refunded directly to the wallet. You only need to restake in the new contract to continue earning rewards.

Comment: Kite AI recently completed a $18 million Series A funding round led by PayPal Ventures and General Catalyst. With strong backing, the testnet Ozone is now live, and interested friends can give it a try.

2. GAIB @gaib_ai is entering the robotics sector, adding robotic assets to its RWAiFi strategy.

• Following GPU computing power resources, GAIB has introduced robots as a new asset income channel, adding them to its AID and sAID asset pairs. Investors can indirectly hold AI infrastructure through the AID and sAID asset pairs.

• AID is a synthetic US dollar and interest-bearing asset, and its value is linked to the earnings from GPU computing power/robotic projects. For every 1 dollar of profit generated by the GAIB protocol, 1 AID will be minted.

• sAID is a token obtained by staking AID in the GAIB protocol, similar to a yield certificate, allowing investors to participate in earnings without affecting the flexibility of their funds.

• The total locked amount in GAIB's AIDaplha vault currently exceeds 70 million USD, with an APY of 15%.

• The collaborative robot projects include @PrismaXai, @SaharaLabsAI, @campnetworkxyz, @AukiNetwork, etc.

Comment: GAIB provides a diversified investment approach, incorporating almost all popular concepts after adding robot assets. If interested, you can pay attention.

3. Decentralized Computing Network Aethir @AethirCloud Announces Revenue, Setting a New Historical Record

• According to the official announcement, Aethir's average monthly revenue in July and August reached approximately $13 million. Q3 network revenue is expected to exceed $39 million, which is a 20% increase from Q2 ($32.6 million).

• Aethir's decentralized computing network provides distributed enterprise-grade GPU services supporting AI and cloud gaming for global businesses. Currently, there are over 430,000 GPU nodes covering 93 countries and regions, with a total computing time exceeding 1 billion hours.

• Aethir's revenue mainly comes from transaction and usage fees of on-chain protocols. When customers use GPU resources through Aethir's network, the fees generated are settled through on-chain protocols, providing Aethir with a stable cash flow.

Comment: The advantages of decentralized computing networks in terms of cost and stability are gradually becoming apparent.

Data source: @xhunt_ai, Cookie DAO, Coingecko

Risk warning: The above is for informational sharing only and is not investment advice.