SuperscryptBlockchain Interoperability Part II: Consensus Proofs & Trust Minimized Bridging
In Part 1 of our 3-part series on Interoperability we examined the current state of blockchains and the growing importance of interoperability between them. Bridges have been the go-to method to transfer assets & liquidity between chains but have also been the subject of billions of dollars in exploits & hacks due to the trust assumptions underpinning their operation. In this part we explore an emerging approach to Interoperability - where asset bridging can be facilitated through trust-minim...
SuperscryptThe Restaking Ecosystem and what comes next
IntroductionWhen people start their journey in crypto, they tend to buy Bitcoin or Ethereum (the largest cryptocurrencies by market cap at $1.4T and $247B capitalization respectively) to gain some exposure. As they dive deeper into crypto ecosystems and get exposed to DeFi it quickly becomes apparent that there is much more to do than just hold crypto assets – it’s also possible to earn yield – the lifeblood of the crypto economy. Those who farm it early stand to make solid gains… it’s intoxi...
SuperscryptIntuition Network Launch
By Jad Chahine What is the world without $TRUST? Not a world we want to live in. And it’s only getting harder to know who to trust and what is real. Was that quote real or AI generated? Did this event actually happen? And on a lighter note, is that the best burger in NYC? This is not a local problem or a temporary one. It is global, and it is accelerating - especially with the advent of bots, AI and algorithms we are exposed to that we have very little control over. That is what makes Intuiti...
An early stage web3 investment company. We invest in innovative builders🏗️, scale them 🚀 & connect them to our wider ecosystem 🌏
SuperscryptBlockchain Interoperability Part II: Consensus Proofs & Trust Minimized Bridging
In Part 1 of our 3-part series on Interoperability we examined the current state of blockchains and the growing importance of interoperability between them. Bridges have been the go-to method to transfer assets & liquidity between chains but have also been the subject of billions of dollars in exploits & hacks due to the trust assumptions underpinning their operation. In this part we explore an emerging approach to Interoperability - where asset bridging can be facilitated through trust-minim...
SuperscryptThe Restaking Ecosystem and what comes next
IntroductionWhen people start their journey in crypto, they tend to buy Bitcoin or Ethereum (the largest cryptocurrencies by market cap at $1.4T and $247B capitalization respectively) to gain some exposure. As they dive deeper into crypto ecosystems and get exposed to DeFi it quickly becomes apparent that there is much more to do than just hold crypto assets – it’s also possible to earn yield – the lifeblood of the crypto economy. Those who farm it early stand to make solid gains… it’s intoxi...
SuperscryptIntuition Network Launch
By Jad Chahine What is the world without $TRUST? Not a world we want to live in. And it’s only getting harder to know who to trust and what is real. Was that quote real or AI generated? Did this event actually happen? And on a lighter note, is that the best burger in NYC? This is not a local problem or a temporary one. It is global, and it is accelerating - especially with the advent of bots, AI and algorithms we are exposed to that we have very little control over. That is what makes Intuiti...
An early stage web3 investment company. We invest in innovative builders🏗️, scale them 🚀 & connect them to our wider ecosystem 🌏
Subscribe to Superscrypt
Subscribe to Superscrypt
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
On 19th September 2024 Superscrypt, Ethereal Ventures, and ANAGRAM hosted the Crypto Research Day in Singapore. As part of the program we had Anna Kazlauskas founder of Vana moderate a fireside chat with Emad Mostaque, the founder of Schelling.ai & Stability and Alex Skidanov, the co-founder of Near AI.
Full video & takeaways below:
TLDR;
Just as we can use distributed ledgers to make AI more efficient and aligned, we can use AI to unlock the true promise of Web3, which is self-sovereignty, agency, and the power to make it incorruptible.
People's data is valuable, though many don't realize it. Most carelessly sign away their data rights, while companies like Facebook generate substantial revenue by selling this information to advertisers. Individuals should have the opportunity to monetize their own data, and there will come a time when they recognize its true worth. Blockchains are poised to play a crucial role in orchestrating this shift.
Decentralised inference is largely solved already, however it still needs to just gain market adoption. This is at the forefront of Web3 x AI today according to Near. Decentralised compute is not there yet, still in research phase. Once this is figured one, will be a big unlock Web3 and there will be a drastic change in the demand supply here.
Why Web3 x AI?
Just as we can use distributed ledgers to make AI more efficient and aligned, we can use AI to unlock the true promise of Web3, which is self-sovereignty, agency, and the power to make it incorruptible.
Open Source vs. Proprietary Models - Proprietary AI is advancing far more rapidly and most major language models and AI systems are closed-source and inaccessible. Only Facebook is making significant efforts to open-source their models. There's a pressing need to develop user-owned AI solutions and this is where blockchains come in. They offer valuable tools for coordination, resilience, and validation in AI systems.
Open-source AI models are crucial, especially for sectors like healthcare and education, where transparency and accountability are key.
Monetization of Data in a Web3 Ecosystem
People's data is valuable, though many don't realize it. Most carelessly sign away their data rights, while companies like Facebook generate substantial revenue by selling this information to advertisers. Individuals should have the opportunity to monetize their own data, and there will come a time when they recognize its true worth. Blockchains are poised to play a crucial role in orchestrating this shift.
Blockchain can enable individuals to monetize their own data, shifting power from centralized platforms to users.
Data ownership will drive the adoption of Web3, allowing people to participate directly in the digital economy.
Agent marketplaces and decentralized platforms provide micro-payments and value exchange, enhancing the AI and crypto synergy.
Overcoming Technical Barriers to Decentralized AI
Decentralized inference is largely solved already, however it still needs to just gain market adoption. This is at the forefront of Web3 x AI today according to Near. Decentralized compute is not there yet, still in research phase. Once this is figured one, will be a big unlock Web3 and there will be a drastic change in the demand supply here.
Challenges remain in training large AI models on distributed networks, but ongoing research is addressing this.
Decentralized infrastructure, such as distributed GPUs, is key to scaling AI without reliance on big tech companies.
The future lies in building high-quality, open-source AI models that can compete with proprietary ones while remaining transparent and accessible.
A bit about the hosts…
Superscrypt is an early-stage web3 fund based in Singapore & New York and founded by Temasek. We focus on infrastructure and emerging applications in web3 and provide comprehensive support to founders building the next wave of disruptive decentralized networks. Learn more here.
Ethereal funds and supports the growth of early web3 companies and innovators. We invest directly in permissionless networks and partner with the global teams building them at the earliest stages of their journey. Learn more here.
ANAGRAM is a modern institution for a novel technology. We leverage human and financial capital to help bring the ownership economy to the masses. Learn more here. Learn more here.
On 19th September 2024 Superscrypt, Ethereal Ventures, and ANAGRAM hosted the Crypto Research Day in Singapore. As part of the program we had Anna Kazlauskas founder of Vana moderate a fireside chat with Emad Mostaque, the founder of Schelling.ai & Stability and Alex Skidanov, the co-founder of Near AI.
Full video & takeaways below:
TLDR;
Just as we can use distributed ledgers to make AI more efficient and aligned, we can use AI to unlock the true promise of Web3, which is self-sovereignty, agency, and the power to make it incorruptible.
People's data is valuable, though many don't realize it. Most carelessly sign away their data rights, while companies like Facebook generate substantial revenue by selling this information to advertisers. Individuals should have the opportunity to monetize their own data, and there will come a time when they recognize its true worth. Blockchains are poised to play a crucial role in orchestrating this shift.
Decentralised inference is largely solved already, however it still needs to just gain market adoption. This is at the forefront of Web3 x AI today according to Near. Decentralised compute is not there yet, still in research phase. Once this is figured one, will be a big unlock Web3 and there will be a drastic change in the demand supply here.
Why Web3 x AI?
Just as we can use distributed ledgers to make AI more efficient and aligned, we can use AI to unlock the true promise of Web3, which is self-sovereignty, agency, and the power to make it incorruptible.
Open Source vs. Proprietary Models - Proprietary AI is advancing far more rapidly and most major language models and AI systems are closed-source and inaccessible. Only Facebook is making significant efforts to open-source their models. There's a pressing need to develop user-owned AI solutions and this is where blockchains come in. They offer valuable tools for coordination, resilience, and validation in AI systems.
Open-source AI models are crucial, especially for sectors like healthcare and education, where transparency and accountability are key.
Monetization of Data in a Web3 Ecosystem
People's data is valuable, though many don't realize it. Most carelessly sign away their data rights, while companies like Facebook generate substantial revenue by selling this information to advertisers. Individuals should have the opportunity to monetize their own data, and there will come a time when they recognize its true worth. Blockchains are poised to play a crucial role in orchestrating this shift.
Blockchain can enable individuals to monetize their own data, shifting power from centralized platforms to users.
Data ownership will drive the adoption of Web3, allowing people to participate directly in the digital economy.
Agent marketplaces and decentralized platforms provide micro-payments and value exchange, enhancing the AI and crypto synergy.
Overcoming Technical Barriers to Decentralized AI
Decentralized inference is largely solved already, however it still needs to just gain market adoption. This is at the forefront of Web3 x AI today according to Near. Decentralized compute is not there yet, still in research phase. Once this is figured one, will be a big unlock Web3 and there will be a drastic change in the demand supply here.
Challenges remain in training large AI models on distributed networks, but ongoing research is addressing this.
Decentralized infrastructure, such as distributed GPUs, is key to scaling AI without reliance on big tech companies.
The future lies in building high-quality, open-source AI models that can compete with proprietary ones while remaining transparent and accessible.
A bit about the hosts…
Superscrypt is an early-stage web3 fund based in Singapore & New York and founded by Temasek. We focus on infrastructure and emerging applications in web3 and provide comprehensive support to founders building the next wave of disruptive decentralized networks. Learn more here.
Ethereal funds and supports the growth of early web3 companies and innovators. We invest directly in permissionless networks and partner with the global teams building them at the earliest stages of their journey. Learn more here.
ANAGRAM is a modern institution for a novel technology. We leverage human and financial capital to help bring the ownership economy to the masses. Learn more here. Learn more here.
No activity yet