Artificial Superintelligence Alliance (FET) Sets Up Innovation Lab, Donates $10 Million To Startups Yearly
According to recent developments, the Artificial Superintelligence Alliance (FET), the AI-centred blockchain hosting FET, has unveiled an innovation lab to promote AI-based initiatives in San Francisco.
The firm announced this on August 23. The innovation lab will serve startups using AI agents to provide AI-focused services in the real world.
To further support this initiative, the Artificial Superintelligence Alliance (FET) is contributing $10 million annually to fund startups using AI agents. Funding will be based on milestones, with $1 million prepared for each project. Experts project the autonomous AI agent market capitalization will hit $88.1 billion by 2032.
RCO Finance Brings Innovation To DeFi With AI Tool
RCO Finance, an emerging project on Ethereum, is making waves in the DeFi sector after introducing the first AI-powered robo-advisor to enter this space. Gaining pace, the platform seeks to revolutionize the way investment is done by offering investors a hands-free, hands-on experience. This means that investors will be able to trade nonstop without clicking a single button.
The robo-advisor is an automated investment manager designed to spot opportunities, execute trades independently, manage portfolios, and manage risks. With it, investors can trade more precisely and achieve their financial goals.
Given that RCO Finance features more than 120,000 digital assets across 12,500 classes, the robo advisor must comb through this myriad of collections to select the most lucrative, maintaining profitability.
Users can access several DeFi-related services on RCO Finance, including borrowing, lending, trading, staking, etc. The platform stands out in utility, fundamentals, and tokenomics, and these distinctions have positioned it for long-term growth. Moreover, it prioritizes security and privacy by getting audited by SolidProof and adopting a no-KYC approach.
Balanced Launches On Injective For Cross-chain Crypto Swap
Balanced, a decentralized stablecoin platform, has extended its offerings to blockchain network Injective in a recent strategic move. The firm announced this development via a tweet on August 20. Integrating into Injective will allow Balanced users to swap our transfer crypto assets across seven blockchains and take loans with INJ tokens serving as collateral.
With this expansion, Balanced will become more accessible to Injective users. Furthermore, Injective has made remarkable progress of late with the launch of its plug-and-play modules, allowing developers to develop decentralized applications (dApps) with prediction and insurance features.
Also, Injective recently partnered with TON blockchain to enhance its visibility and incorporate services like lending and trading.
Injective is well known for its low gas fees, which are $1 for 3,000 transactions. This has contributed immensely to its mass adoption to date. INJ, its native token, now trades at $22.04 after an 18.67% increase in the last seven days. Experts believe the token could soar even higher in the coming days.
Render Price Increases Alongside Trading Volume
RNDR is one of the digital assets that experienced steady growth in the just-ended week. Both the price and trading volume grew remarkably, reflecting increased activities within the Render network. Notably, RNDR rose 7.72% to $5.20 in 24 hours. Its trading volume followed with a 47.64% surge to $64.5 million.
This upbeat performance can be traced back to Coinbase's Render announcement. Coinbase announced earlier in the week that it is adding RNDR to its perpetual futures market via an X post from the firm on August 22.
This development flipped Render's outlook from bearish to bullish. RNDR gained 36.57% to $6.14 in a week. With buying pressure mounting, RNDR is expected to hit $7.00 or higher in the next few days.
RCOF Presale Set To Deliver Massive Profits
RCO Finance's presale is now in Stage 2, with RCOF trading at $0.0343 per token. At this price level, investors can realize at least tenfold the capital they invest in the token after it launches. Specifically, RCOF is expected to launch between $0.4 and $0.6, which is 1,000% higher than its current price.
Hence, a $1,000 investment in RCOF is anticipated to produce $10,000 when the token becomes listed on exchanges. The token is available at a 50% discount for users who use the code RCOF50 when purchasing.
In addition to the presale profits, RCOF holders will also receive quarterly dividends, tier-based rewards, airdrop access, priority customer support, and voting privileges.
RCOF is the most rewarding digital asset on the market today. Join the presale now to acquire the token while it is still undervalued.