What happened in November? Today the big pancake has experienced another round of significant collapse, breaking down to 88000, while other altcoins have collectively crashed. I wonder how many people are secretly hiding under their blankets crying.
Throughout November, the airdrops have been few and far between, sometimes there isn't even one a day, and when they do go live, they are all just small crumbs. The crypto world has ultimately welcomed its darkest moment.
GAIB has dropped nearly 45% after its debut on Binance Alpha, currently trading at about $0.15, with a market capitalization of $31.7 million, accompanied by a relatively high initial trading volume. I wonder if there will be any opportunity for a turnaround at 17:00.
What is GAIB?
GAIB is a decentralized finance platform that connects real-world AI infrastructure (mainly GPU hardware and robotics) with blockchain-based investments. It achieves this by tokenizing tangible AI assets and their cash flows. The platform provides convenient AI infrastructure investments for Web3 and enterprise-level application scenarios.
Background
GAIB was founded by Kony Kwong in 2024 in Singapore, who is also the CEO of GAIB. Its founding and leadership teams comprise professionals from blockchain, AI infrastructure, decentralized finance (DeFi), and the financial sector.
The team members include alumni from Goldman Sachs, Huobi, Ava Labs, Binance Labs, Cornell University, the University of Pennsylvania, National Taiwan University, and the University of California, Los Angeles.
Staking and Yield Generation: By staking GAIB tokens, users can earn platform fees, rewards, and actual returns from tokenized GPU/AI computing assets and robotic technology. Stakers can receive AID (synthetic stablecoin), sAID (staked AID), and DeFi incentives.
Participation in Governance: Vote on protocol decisions, including upgrades, reward mechanisms, partnerships, asset listings, and fund management.
Fee Discounts and Platform Access: Holding or staking GAIB allows for protocol fee discounts and access to premium features, priority airdrops, and exclusive funding pools.
Ecosystem Incentives: Earn GAIB through airdrops, liquidity mining, referral programs, and participation in community governance.
Collateral and DeFi Integration: Use GAIB as collateral in DeFi lending markets, with returns linked to on-chain DeFi and real-world AI hardware income.
@GAIB AI #gaib
