While the markets have been painting the town red for the past two weeks, we hope all of you have been keeping a cool head, and are staying healthy & hydrated. Markets often have shaky periods, and when those come around, one must focus on what really matters: Reading the LebThree newsletter of course!
So what's on this week? Well I'm glad you asked. First let's take a dive into a whole new ecosystem; Monad. These guys raised $225M to build their ultimate chain, and the testnet is now live for us to farm & explore.
This shall be followed by a breakdown of another project which has been making waves seemingly out of nowhere; Pi Network. Finally we will wrap it all up covering the latest X trend which us Web3 participants can take a part of, inspired by Kaito AI. Allez!
Monad is an innovative Layer 1 blockchain designed to appeal to the masses while staying fully compatible with the Ethereum Virtual Machine (EVM). Built from the ground up by Monad Labs and fuelled by massive funding rounds, Monad has a good shot at competing with leading L1s such as Solana and SUI.
Monad aims to deliver lightning-fast transactions and low fees without sacrificing decentralization, and a goal of reaching 10 000 TPS. Launching its testnet phase just a week ago, Monad is positioning itself as a next-gen platform for developers and users, reusing Ethereum's established ecosystem.
So let's get involved with the testnet! Multiple wallets already support Monad since it's EVM compatible, but using a partnered wallet such as Backpack can bring you extra point boosts on many platforms. First head to the hub here, and claim your testnet tokens, then check out the featured apps!
Most of these dApps are Monad native, and them being promoted by the Monad foundation could mean that testnet users will get rewarded in the future. It's free to interact and try them out, so there's no risk.
We also recommend checking out Priori Labs, which is the leading MEV-powered liquid staking platform on Monad. They alone raised $10M and aim to become Monad's Jito. Make sure to stake some Monad with them here.
Finally a hidden gem you definitely shouldn't miss out on: FantasyTop. Some of you may remember Fantasy from the $BLAST farming era, and these guys are back to run their game on Monad.
Fantasy was the top dApp on Blast, and I can expect them to make some noise here aswell. The game is really fun, and it's free to play. You can claim your starter pack on their page.
So much to do, so little time! Monad eco has been raging since launch, and we expect them to keep going. This will be a massive airdrop down the line, so it can't hurt getting involved early. Check out the LebThree chats for up-to-date Monad alpha over the coming weeks.
What if I told you, the president of Argentina rugging a coin ISN'T scam of the year, crazy right? Introducing Pi! Pi Network is a mobile app that allows users to "Mine" crypto directly from their phone. Who cares about the massive $BTC mining farms that people build? Here you can just mine from your phone!
Just tap a button on the app every day, and easy. And with the app getting over 100 million downloads, this is going to be epic! For the team behind Pi that is.
Right, so the way this actually works, since 2019, Pi has people opening their phones everyday to press a button and watch ads to "mine" Pi tokens. Those tokens, were worthless. But the ads aren't! From the very start the team has been making money off of the ads on the app, while users get nothing.
You even get more tokens if you invite your friends over! Sounds like a pyramid scheme yet? Well besides that, and the allegations that they steal and sell user data, in the end after being "6 years in the making" Pi actually launched their chain (Which runs at about 4 TPS). I couldn't believe it.
But, unlike established blockchains like Ethereum or Solana, Pi Network hasn’t provided detailed technical documentation or a fully public whitepaper explaining its mechanics, tokenomics, or how it plans to achieve its ambitious goals.
On top of that, users that have been mining Pi for years now need to complete a KYC assessment (more data they can sell!) before claiming their tokens. But it will be worth it right? Well, that's if they let you even KYC lol.
After submitting their data, users are stuck waiting for weeks with no updates. And the best part? Users won't be able to access their token after March 14th. And now they are gaslighting the "Real Pioneers" on twitter.
At the time of writing, only 6% of the PI token supply is in circulation. The strategy here is simple: Don't give users their token which they mined for 6 years while watching ads and making you rich, artificially pump the token price (If no one has their tokens, no one can sell!) and have them fomo buy making you even richer.
Yes, users are absolutely getting farmed, but for fun, let's talk about the token price. Pi currently sits at about $2. Taking into consideration only 6% of the supply is in circulation, that would mean the Pi's FDV sits at..... Over $200B, which would make it the 3rd biggest crypto in the world.
I guess that sums up the whole Pi situation pretty well. If you are one of the lucky one who actually get access to their tokens, selling them is a pretty damn good idea. Always research what you buy and hold. Idiots are an easy target, don't be one of them.
After the very successful launch of Kaito AI's governance token $KAITO, other AI training platforms have been gaining traction, with users scrambling to tweet and share those projects with their friends.
By rewarding users for training AI or creating valuable content instead of platforms hoarding ad profits, users earn tokens or points. Think SocialFi combined with AI innovation. It’s turning tweets into assets, fueled by the wide crypto users space and a demand for AI data. Now, everyone can train AI.
This trend’s hot in 2025 because the tech’s ready and users want a piece of the action. Projects gamify engagement with leaderboards and bonuses, making it fun and interactive. It’s early, and skeptics question the hype, but big funding and proven models such as Kaito make it worthwhile.
Hub aka Hubdotxyz is one of the more popular prospects at the moment. It’s confirmed that Hub secured $4M in a funding round as part of its efforts to build an AI-powered SocialFi platform. With over 130k users and a huge X following, it seems Hub's SocialFi platform is well on it's way.
You can join their platforms and start earning points yourself on their official Hub. Unlike Kaito, Hub AI asks users questions and rewards them depending on the quality of the answer. More points for logical reasoning and data to back it up. This is not a popularity contest; quality over quantity.
This one, just like Monad, is free. Can't hurt to get involved, and although it probably won't be as big of an airdrop as Kaito, users will probably still be rewarded handsomely.
[All topics are meant to be educational only. None of it is financial advice, please do your own research.]
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