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💻 AI and DEPIN have been some of the most profitable cryptocurrency narratives, especially in Q1 of 2024 as well as Q2, Q3, and here in Q4. Leaving many wondering and asking the question, what's going to be the next successful Depin & AI project?
In today's review video, we're going to take a look at Solo and their Solo chain, and a big shoutout to Solo for sponsoring this review video.
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➡️ This video has been sponsored by Solo.
➡️ Disclosure: We are investors and Holders of the Cryptocurrencies discussed in this video.
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TIMESTAMPS:
00:00 New AI & DEPIN tiny crypto coin $Solo (Solochain) just launched!
00:35 Most profitable narratives
01:04 What is Solo?
01:51 Optimism Superchain
02:45 Transaction Mining
05:20 Mining.fun
06:05 Tokenomics
08:08 Partnerships
08:46 What I like so far
09:27 Wrapping up
✅ SOLO (SPONSORED CONTENT)
SOLO is the first Agentic DePIN Mining Chain, built on the Optimism Superchain and powered by Caldera and Hyperlane. Creating an ecosystem of AI Agent-centric Transaction and DePIN Mining.
Bonding curves, presales, private sales, point-based airdrops, and so on.
We've seen all kinds of launch strategies over time. Some projects aim for fair distribution and liquidity, while others go for more centralized token distribution.
Many people believe Bitcoin's distribution model is the best so far, mainly because of its mining mechanism. The idea is straightforward: the harder you work, the more rewards you get. Contribute more to the network, and it gives back more to you. The current rise of DePIN projects shows the continous interest towards this structure. But such protocols require significant funding and is extremely difficult in terms of on-boarding for ordinary users.
What if there was a way for anyone to set up mining curves for token distribution and liquidity bootstrapping? This would allow decentralized projects and ecosystems to offer a transparent and fair method of distributing tokens without relying on complex tokenomics or clunky, point-based airdrops. It fits with the "you get what you deserve" philosophy, where incentives are clear and transparent from the start, so there's no guessing about the reward structure.
To bring its vision to life, SoloChain uses a mining model that blends transaction mining, DePIN mining, and agentic mechanisms into a single framework. With transaction mining, you earn tokens by submitting on-chain transactions, and rewards are given out based on a weighted distribution per block of emission rewards.
Source/Website: https://solo.tech
X: https://x.com/SoloDePIN
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DISCLAIMERS:
Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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