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METAVERSE is an innovative coin offering powered by AI, known as an AI Coin Offering (aICO), which has been initiated by an AI agent operating within a Trusted Execution Environment (TEE). This AI, referred to as "aipool_tee," successfully raised over 30,000 SOL in just 24 hours while independently establishing a liquidity pool. This marks the introduction of a groundbreaking approach to secure and efficient fundraising. In contrast to conventional ICOs that often suffer from human greed and fraudulent practices, METAVERSE utilizes AI agents within TEEs to guarantee transparent, pre-programmed procedures and verifiable outcomes, thereby mitigating risks related to human error and ill intentions. By incorporating technologies such as ai16z (Eliza) and Phala Network, the initiative ensures cryptographic security and the immediate verifiability of all AI activities. METAVERSE signifies a major advancement towards trustless fundraising and operations governed by AI, presenting a more dependable and secure alternative to traditional, human-led projects within the blockchain ecosystem.
Following Federal Reserve Chair Jerome Powell’s dovish remarks at Jackson Hole, markets are bracing for a possible rate cut in September.
ETH, it would appear, was the biggest beneficiary of Powell’s comments on interest rates as it surged past the $4,800 mark with ease.
Ethereum is trading at $4,727, with a market capitalization of $569 billion and a robust 24-hour trading volume of $65.65 billion.
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Bitcoin is trading at $115,441 with a market capitalization of $2.29 trillion and a 24-hour trading volume of $47.99 billion.