Recession Trade Overrides Rate-Cut Hopes: Where Do U.S. Equities and Crypto Go Next?
August non-farm payrolls badly missed expectations, pushing the market-implied probability of a September Fed cut to 100 %. Yet traders are treating the number as a harbinger of recession, not a green light for risk assets. Below are key takes from analysts, translated and edited for clarity. --- Tom Lee: “Rate-Cut Rally” Could Echo 1998 and 2024 Bitmine CEO Tom Lee expects the Fed to begin cutting in September. In both 1998 (LTCM bailout) and 2024 (regional-bank scare), equities and crypto r...
AI + DeFi = Financial Freedom? Unveiling How DeFAI Disrupts Fintech!
Artificial Intelligence (AI) is a technology that simulates human intelligence to perform tasks, capable of processing vast amounts of data, recognizing patterns, and providing decision support. Decentralized Finance (DeFi) is a financial system based on blockchain technology, aiming to provide financial services without intermediaries through smart contracts, such as lending, trading, and yield farming. In the fintech field, AI enhances the efficiency and precision of financial services thro...
DeepSeek Dominates the App Store: Chinese AI Stirring Up the Overseas Tech Scene
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Recession Trade Overrides Rate-Cut Hopes: Where Do U.S. Equities and Crypto Go Next?
August non-farm payrolls badly missed expectations, pushing the market-implied probability of a September Fed cut to 100 %. Yet traders are treating the number as a harbinger of recession, not a green light for risk assets. Below are key takes from analysts, translated and edited for clarity. --- Tom Lee: “Rate-Cut Rally” Could Echo 1998 and 2024 Bitmine CEO Tom Lee expects the Fed to begin cutting in September. In both 1998 (LTCM bailout) and 2024 (regional-bank scare), equities and crypto r...
AI + DeFi = Financial Freedom? Unveiling How DeFAI Disrupts Fintech!
Artificial Intelligence (AI) is a technology that simulates human intelligence to perform tasks, capable of processing vast amounts of data, recognizing patterns, and providing decision support. Decentralized Finance (DeFi) is a financial system based on blockchain technology, aiming to provide financial services without intermediaries through smart contracts, such as lending, trading, and yield farming. In the fintech field, AI enhances the efficiency and precision of financial services thro...
DeepSeek Dominates the App Store: Chinese AI Stirring Up the Overseas Tech Scene
DeepSeek Disrupts the Overseas AI Community, Causing a Stir in Silicon Valley
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Kite AI New Developments
On February 10, Kite AI launched its first AI-native Layer 1 sovereign blockchain testnet with the AI consensus mechanism PoAI (Proof of AI) . This testnet aims to democratize scalable access to fundamental data and models through a decentralized AI layer supported by ZettaBlock .
Introduction to Kite AI
Kite AI is a collaborative platform for coordinating global AI development and value capture. As a decentralized AI layer, it provides a full-stack real-time web3 data infrastructure for indexing and analyzing, connecting on-chain and off-chain data. Developers can easily build real-time, reliable, data-intensive applications using ZettaBlock . Kite aims to solve the traditional challenges of AI asset contribution and incentive fairness on-chain through blockchain technology .
Kite AI's Four Innovations
Kite AI has introduced four groundbreaking innovations: PoAI consensus mechanism, composable AI subnets, AI-native execution layer, and decentralized data engine .
PoAI Consensus Mechanism (Proof of Attributed Intelligence)
Kite AI uses an on-chain verifiable contribution record system to precisely track the contributions of data, models, and AI agents. The initial launch of the testnet has attracted nearly 100 AI companies .
Composable AI Subnets (Composable AI Ecosystem with Customizable Subnets)
The modular architecture supports developers in building industry-specific AI collaboration ecosystems. It supports custom governance rules and profit distribution mechanisms to promote cross-domain resource sharing .
AI-Native Execution Layer
Kite AI is building an on-chain AI-native execution layer to handle AI computing tasks such as inference, embedding, and fine-tuning/training. It supports blockchain transactions and state changes while integrating confidential computing environments (e.g., TEE) to ensure data security and privacy during computation .
Decentralized Data Engine
By tokenizing data as NFTs and fragmenting usage rights, the engine ensures that data creators receive fair compensation in AI workflows .
Kite AI Testnet Progress
On February 6, Kite AI launched its first native Layer 1 testnet. Within less than 70 hours, Kite AI's testnet v1 surpassed 230,000 wallet connections and 2.5 million AI inference calls . Developers can deploy AI-driven DApps, explore on-chain model training, and data markets. Early contributors will receive points and priority access to ecosystem resources .
Kite AI Team
Kite AI is built by a Silicon Valley team with core members from Uber, NEAR, and other industry leaders, and academic backgrounds from MIT and Harvard . The team has secured investments from top-tier firms like General Catalyst, Hashed, Hashkey, and Samsung Next, and has partnered with Avalanche, Eigenlayer, Sui, and AWS .
How Avalanche Public Chain Supports Kite AI
Avalanche is a high-performance, secure, and scalable platform that provides technical support and market space for Kite AI .
High Performance: Avalanche's high throughput and low latency ensure the stable operation and rapid iteration of Kite AI's testnet, providing a smooth user experience .
Data Security: Avalanche's architecture ensures secure data storage and transmission for Kite AI's testnet .
Scalability: Avalanche's scalability allows developers to customize solutions according to their needs, offering a broad market space .
Kite AI Summary
Kite AI's incentivized testnet v1 Aero on Avalanche not only provides a platform for AI developers to experiment and innovate but also introduces mechanisms like Proof of Attributed Intelligence to invigorate the AI ecosystem. This fundamentally addresses the fairness issues of traditional on-chain AI asset contributions and incentives .
Kite AI New Developments
On February 10, Kite AI launched its first AI-native Layer 1 sovereign blockchain testnet with the AI consensus mechanism PoAI (Proof of AI) . This testnet aims to democratize scalable access to fundamental data and models through a decentralized AI layer supported by ZettaBlock .
Introduction to Kite AI
Kite AI is a collaborative platform for coordinating global AI development and value capture. As a decentralized AI layer, it provides a full-stack real-time web3 data infrastructure for indexing and analyzing, connecting on-chain and off-chain data. Developers can easily build real-time, reliable, data-intensive applications using ZettaBlock . Kite aims to solve the traditional challenges of AI asset contribution and incentive fairness on-chain through blockchain technology .
Kite AI's Four Innovations
Kite AI has introduced four groundbreaking innovations: PoAI consensus mechanism, composable AI subnets, AI-native execution layer, and decentralized data engine .
PoAI Consensus Mechanism (Proof of Attributed Intelligence)
Kite AI uses an on-chain verifiable contribution record system to precisely track the contributions of data, models, and AI agents. The initial launch of the testnet has attracted nearly 100 AI companies .
Composable AI Subnets (Composable AI Ecosystem with Customizable Subnets)
The modular architecture supports developers in building industry-specific AI collaboration ecosystems. It supports custom governance rules and profit distribution mechanisms to promote cross-domain resource sharing .
AI-Native Execution Layer
Kite AI is building an on-chain AI-native execution layer to handle AI computing tasks such as inference, embedding, and fine-tuning/training. It supports blockchain transactions and state changes while integrating confidential computing environments (e.g., TEE) to ensure data security and privacy during computation .
Decentralized Data Engine
By tokenizing data as NFTs and fragmenting usage rights, the engine ensures that data creators receive fair compensation in AI workflows .
Kite AI Testnet Progress
On February 6, Kite AI launched its first native Layer 1 testnet. Within less than 70 hours, Kite AI's testnet v1 surpassed 230,000 wallet connections and 2.5 million AI inference calls . Developers can deploy AI-driven DApps, explore on-chain model training, and data markets. Early contributors will receive points and priority access to ecosystem resources .
Kite AI Team
Kite AI is built by a Silicon Valley team with core members from Uber, NEAR, and other industry leaders, and academic backgrounds from MIT and Harvard . The team has secured investments from top-tier firms like General Catalyst, Hashed, Hashkey, and Samsung Next, and has partnered with Avalanche, Eigenlayer, Sui, and AWS .
How Avalanche Public Chain Supports Kite AI
Avalanche is a high-performance, secure, and scalable platform that provides technical support and market space for Kite AI .
High Performance: Avalanche's high throughput and low latency ensure the stable operation and rapid iteration of Kite AI's testnet, providing a smooth user experience .
Data Security: Avalanche's architecture ensures secure data storage and transmission for Kite AI's testnet .
Scalability: Avalanche's scalability allows developers to customize solutions according to their needs, offering a broad market space .
Kite AI Summary
Kite AI's incentivized testnet v1 Aero on Avalanche not only provides a platform for AI developers to experiment and innovate but also introduces mechanisms like Proof of Attributed Intelligence to invigorate the AI ecosystem. This fundamentally addresses the fairness issues of traditional on-chain AI asset contributions and incentives .
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