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Ormeus Coin Founders Face Heavy Fines and Prison Time for "Massive Crypto Asset Fraud"
The SEC has obtained a judgment against the Ormeus Coin project founders.
The siblings behind the project were fined $46 million for the token.
The charges of fraud and conspiracy were presented last year.
The judgment marks a significant crackdown by the SEC on crypto fraud.
The SEC has repeatedly warned investors about the risks of investing in digital assets.
The case highlights the importance of conducting thorough due diligence before investing in any cryptocurrency project.
Ormeus Coin Founders Fined $46 Million for Orchestrating Massive Crypto Fraud Scheme
The United States Securities and Exchange Commission (SEC) recently obtained a judgment against John and Tina Barksdale, the founders of the Ormeus Coin project, for conducting a crypto fraud scheme via the token. The siblings were fined $46 million, given permanent injunctions, and disgorgement with interest. In this article, we delve into the details of the case and what it means for the crypto industry.
Overview of the Ormeus Coin Project
The Ormeus Coin project claimed to be "a new digital money system backed by a fully-audited industrial crypto-mining operation." The cryptocurrency also operated on Ethereum, but there hasn't been much to show for it in terms of development. The project raised tens of millions of dollars from June 2017 to March 2022, according to the SEC complaint.
Details of the Fraud Scheme
The SEC complaint alleged that the siblings conducted two unregistered fraudulent offerings of securities, running a multi-level marketing business called Ormeus Global, which involved selling subscription packages that involved the token. To promote the offerings, John Barksdale held roadshows around the world while he and his sister, Tina, led the production of social media posts, YouTube videos, press releases, and other promotional materials. The token falsely claimed that it was supported by one of the world's largest crypto asset mining operations, which the siblings also claimed. The SEC noted that false information was provided regarding this supposed relationship.
Charges and Conclusion of the Case
The case first came to light in 2022 when the United States Department of Justice published a press release detailing the case on March 8, 2022. The charges listed back then were related to conspiracy, securities fraud, and wire fraud. The Ormeus Coin project case made a lot of news when it first came out, and there may be more news yet.
Takeaways
The Ormeus Coin project case is a stark reminder of the importance of conducting due diligence before investing in any cryptocurrency project. Investors must be wary of schemes that promise quick and massive returns, especially when they involve multi-level marketing. The SEC's crackdown on fraudulent crypto schemes shows that it is committed to protecting investors and the integrity of the market.
Conclusion
The SEC's judgment against the founders of the Ormeus Coin project is a significant development in the fight against crypto fraud. The case highlights the importance of investor protection and due diligence, especially in the highly speculative and unregulated crypto market. The Ormeus Coin project case may be just the tip of the iceberg, as the SEC continues to investigate fraudulent crypto schemes and hold their perpetrators accountable.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #crypto2023 #BTC #GPT-4 #bicasso
The siblings behind the project were fined $46 million for the token.
The charges of fraud and conspiracy were presented last year.
The judgment marks a significant crackdown by the SEC on crypto fraud.
The SEC has repeatedly warned investors about the risks of investing in digital assets.
The case highlights the importance of conducting thorough due diligence before investing in any cryptocurrency project.
Ormeus Coin Founders Fined $46 Million for Orchestrating Massive Crypto Fraud Scheme
The United States Securities and Exchange Commission (SEC) recently obtained a judgment against John and Tina Barksdale, the founders of the Ormeus Coin project, for conducting a crypto fraud scheme via the token. The siblings were fined $46 million, given permanent injunctions, and disgorgement with interest. In this article, we delve into the details of the case and what it means for the crypto industry.
Overview of the Ormeus Coin Project
The Ormeus Coin project claimed to be "a new digital money system backed by a fully-audited industrial crypto-mining operation." The cryptocurrency also operated on Ethereum, but there hasn't been much to show for it in terms of development. The project raised tens of millions of dollars from June 2017 to March 2022, according to the SEC complaint.
Details of the Fraud Scheme
The SEC complaint alleged that the siblings conducted two unregistered fraudulent offerings of securities, running a multi-level marketing business called Ormeus Global, which involved selling subscription packages that involved the token. To promote the offerings, John Barksdale held roadshows around the world while he and his sister, Tina, led the production of social media posts, YouTube videos, press releases, and other promotional materials. The token falsely claimed that it was supported by one of the world's largest crypto asset mining operations, which the siblings also claimed. The SEC noted that false information was provided regarding this supposed relationship.
Charges and Conclusion of the Case
The case first came to light in 2022 when the United States Department of Justice published a press release detailing the case on March 8, 2022. The charges listed back then were related to conspiracy, securities fraud, and wire fraud. The Ormeus Coin project case made a lot of news when it first came out, and there may be more news yet.
Takeaways
The Ormeus Coin project case is a stark reminder of the importance of conducting due diligence before investing in any cryptocurrency project. Investors must be wary of schemes that promise quick and massive returns, especially when they involve multi-level marketing. The SEC's crackdown on fraudulent crypto schemes shows that it is committed to protecting investors and the integrity of the market.
Conclusion
The SEC's judgment against the founders of the Ormeus Coin project is a significant development in the fight against crypto fraud. The case highlights the importance of investor protection and due diligence, especially in the highly speculative and unregulated crypto market. The Ormeus Coin project case may be just the tip of the iceberg, as the SEC continues to investigate fraudulent crypto schemes and hold their perpetrators accountable.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #crypto2023 #BTC #GPT-4 #bicasso
Tendencia
Best way to make money with Chat GPT
Friends, I think everyone has already heard about Chat GPT and the hype around it. At the moment the GPT-4 version of this product is available. This product became popular very fast and some experts predict that it can destroy such giants on IT market as Google and Facebook.
Let us analyze how we could earn money with this tool.
1 Small freelance task.
Chat GPT is great for writing small jobs, making up names and more, all of which can be useful in the freelance market and help you make your first money as a freelancer without much effort.
2 Writing books.
There are already a few cases where people have written entire books thanks to Chat GPT and sold them on various services.
3 Data analysis and forecasting for Trading.
Chat GPT perfectly copes with the task of analyzing various data, including data about the blockchain, token and various data related to cryptocurrencies in which you plan to invest your money.
The chat is also able to predict prices and market trends based on past data from the past few years!
#originalcontent #OriginalContent #crypto2023 #GPT-4 #artificialintelligence
Let us analyze how we could earn money with this tool.
1 Small freelance task.
Chat GPT is great for writing small jobs, making up names and more, all of which can be useful in the freelance market and help you make your first money as a freelancer without much effort.
2 Writing books.
There are already a few cases where people have written entire books thanks to Chat GPT and sold them on various services.
3 Data analysis and forecasting for Trading.
Chat GPT perfectly copes with the task of analyzing various data, including data about the blockchain, token and various data related to cryptocurrencies in which you plan to invest your money.
The chat is also able to predict prices and market trends based on past data from the past few years!
#originalcontent #OriginalContent #crypto2023 #GPT-4 #artificialintelligence
March IQ Token Report
It’s time for the March edition of IQ Monthly News which covers #IQ token news, partnerships, and more. IQ.wiki integrates OpenAI’s #GPT-4 , the IQ token is added to CoinGecko and CoinMarketCap's Top #ai Tokens lists, #BrainDAO now has 2700 sfrxETH with Frax Ether, and the IQ token starts sharing news on Binance Feed to Binance’s over 162 million users. Keep reading to stay up-to-date with IQ token progress.
IQ.wiki integrates OpenAI’s GPT-4 for Summaries
The IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. Previously, GPT-3 was used by IQ.wiki to summarize complex wiki articles into brief 256-character summaries for search engines. Integrating GPT-4 allows for more precise and concise summarization, by utilizing the latest advancements in AI technology. Watch GPT-4 summarize an in-depth IQ.wiki page on the Ethereum Name Service in seconds.
BrainDAO is now focused on developing its own AI by training its LLM with wiki articles on IQ.wiki to improve the quality of summaries further. In addition, BrainDAO is exploring several AI use cases within the IQ ecosystem, such as translating articles into different languages, identifying potential trending topics, and editing wiki articles for spelling and grammar.
IQ is now on CoinGecko's Top Artificial Intelligence (AI) Tokens by Market Cap list
In March 2023, IQ was added to CoinGecko's Top Artificial Intelligence (AI) Tokens by Market Cap list. This came after IQ.wiki integrated OpenAI's GPT-4 AI model.
The IQ token was added to CoinMarketCap’s list of Top AI & Big Data Tokens by Market Capitalization earlier this year.
BrainDAO now has 2700 sfrxETH with Frax Ether
BrainDAO now has over 2700 sfrxETH through Frax Finance’s LSD. Frax Ether is an ETH LSD designed to uniquely leverage the Frax Finance ecosystem and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. BrainDAO chose liquid staking with Frax Ether since it offers the highest return and security. This will bring revenue to BrainDAO as all profits generated from Frax Ether validators are distributed to sfrxETH holders like BrainDAO. Frax Ether launched in January 2023, and the BrainDAO treasury now has 2785 sfrxETH which is equivalent to more than $5.1 million as of writing.
IQ token starts sharing news to Binance’s over 162 million users
IQ has joined Binance Feed is now sharing updates on related to the IQ token and its suite of dapps like the recent GPT-4 integration. Binance Feed is Binance’s new platform for creators and projects to share information with Binance’s over 162 million users.
IQ.wiki puts out the thread on Anthony Pompliano
In the newest thread of the IQ.wiki’s ‘People in Crypto’ series, where we aim to educate people about famous figures in crypto, the team covered Anthony Pompliano, best known as POMP. He is an American entrepreneur, investor, Bitcoin evangelist, and U.S. Army Vet with over 1.6m followers. Pomp has been trending on IQ.wiki and his page has almost 60,000 views.
Media Coverage
In March, Permaweb.news covered IQ.wiki’s GPT-4 integration and BrainDAO's plan to develop its own AI model. In 2023, one of BrainDAO's main objectives will be to integrate AI into the IQ.wiki platform and develop a system around training artificial intelligence. By offering IQ token rewards for contributions to the IQ.wiki encyclopedia, BrainDAO can incentivize the testing and development of AI. Stay tuned for more details on BrainDAO's plans!
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
IQ.wiki integrates OpenAI’s GPT-4 for Summaries
The IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. Previously, GPT-3 was used by IQ.wiki to summarize complex wiki articles into brief 256-character summaries for search engines. Integrating GPT-4 allows for more precise and concise summarization, by utilizing the latest advancements in AI technology. Watch GPT-4 summarize an in-depth IQ.wiki page on the Ethereum Name Service in seconds.
BrainDAO is now focused on developing its own AI by training its LLM with wiki articles on IQ.wiki to improve the quality of summaries further. In addition, BrainDAO is exploring several AI use cases within the IQ ecosystem, such as translating articles into different languages, identifying potential trending topics, and editing wiki articles for spelling and grammar.
IQ is now on CoinGecko's Top Artificial Intelligence (AI) Tokens by Market Cap list
In March 2023, IQ was added to CoinGecko's Top Artificial Intelligence (AI) Tokens by Market Cap list. This came after IQ.wiki integrated OpenAI's GPT-4 AI model.
The IQ token was added to CoinMarketCap’s list of Top AI & Big Data Tokens by Market Capitalization earlier this year.
BrainDAO now has 2700 sfrxETH with Frax Ether
BrainDAO now has over 2700 sfrxETH through Frax Finance’s LSD. Frax Ether is an ETH LSD designed to uniquely leverage the Frax Finance ecosystem and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. BrainDAO chose liquid staking with Frax Ether since it offers the highest return and security. This will bring revenue to BrainDAO as all profits generated from Frax Ether validators are distributed to sfrxETH holders like BrainDAO. Frax Ether launched in January 2023, and the BrainDAO treasury now has 2785 sfrxETH which is equivalent to more than $5.1 million as of writing.
IQ token starts sharing news to Binance’s over 162 million users
IQ has joined Binance Feed is now sharing updates on related to the IQ token and its suite of dapps like the recent GPT-4 integration. Binance Feed is Binance’s new platform for creators and projects to share information with Binance’s over 162 million users.
IQ.wiki puts out the thread on Anthony Pompliano
In the newest thread of the IQ.wiki’s ‘People in Crypto’ series, where we aim to educate people about famous figures in crypto, the team covered Anthony Pompliano, best known as POMP. He is an American entrepreneur, investor, Bitcoin evangelist, and U.S. Army Vet with over 1.6m followers. Pomp has been trending on IQ.wiki and his page has almost 60,000 views.
Media Coverage
In March, Permaweb.news covered IQ.wiki’s GPT-4 integration and BrainDAO's plan to develop its own AI model. In 2023, one of BrainDAO's main objectives will be to integrate AI into the IQ.wiki platform and develop a system around training artificial intelligence. By offering IQ token rewards for contributions to the IQ.wiki encyclopedia, BrainDAO can incentivize the testing and development of AI. Stay tuned for more details on BrainDAO's plans!
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
Чем отличается ИИ , xAI или GPT-4 ? искусственный интеллект.
ИИ (искусственный интеллект) — это общий термин, охватывающий широкий спектр технологий, которые имитируют человеческий интеллект. В контексте вашего вопроса, давайте сравним конкретные реализации ИИ: xAI и GPT-4.
xAI:
Цель: xAI ориентирована на создание ИИ для ускорения научных открытий человека. Основная миссия — продвинуть наше коллективное понимание вселенной.Модели: xAI разрабатывает свои собственные модели ИИ, такие как Grok, который предназначен для предоставления полезных и правдивых ответов, часто с уникальной перспективой на человечество.Фокус: Особое внимание уделяется применению ИИ в научных исследованиях, обеспечивая инструменты, которые помогают ученым делать открытия.
GPT-4 (от OpenAI):
Цель: GPT-4 представляет собой крупномасштабную языковую модель, разработанную для понимания и генерирования текста, который очень похож на человеческий.Модели: GPT-4 является частью серии моделей Generative Pre-trained Transformer, и она обучается на обширном наборе текстов для выполнения широкого спектра задач по обработке естественного языка.Фокус: Основное внимание уделяется общему использованию в различных приложениях, включая перевод, написание текстов, ответы на вопросы и т.д., с акцентом на гибкость и универсальность.
Основные отличия:
Миссия и Применение:xAI больше ориентирована на научные приложения и понимание вселенной, в то время как GPT-4 более универсальна и направлена на широкий спектр задач НЛП.Перспектива и Подход:Grok от xAI может предлагать внешнюю перспективу на человечество, в то время как GPT-4 старается быть максимально нейтральной и универсальной в своих ответах.Обучение и Данные:Хотя обе модели обучаются на больших объемах данных, xAI может специализироваться на данных, которые более релевантны для научных открытий, тогда как GPT-4 обучается на более разнообразных текстах для общего понимания языка.Философия:xAI стремится к максимальной полезности и правдивости в области науки, тогда как OpenAI с GPT-4 больше фокусируется на продвижение ИИ для общего блага, безопасности и прозрачности.
В конечном итоге, оба проекта представляют собой разные подходы к использованию ИИ, отражающие различные цели и философии их создателей.
Но имейте в виду xAI интеллект не имеет ничего общего с токеном xAI , XAI, каторые торгуются на Dex и Централизованных Биржах
xAI не имеет своего токена .
#GPT-4 #XAI
xAI:
Цель: xAI ориентирована на создание ИИ для ускорения научных открытий человека. Основная миссия — продвинуть наше коллективное понимание вселенной.Модели: xAI разрабатывает свои собственные модели ИИ, такие как Grok, который предназначен для предоставления полезных и правдивых ответов, часто с уникальной перспективой на человечество.Фокус: Особое внимание уделяется применению ИИ в научных исследованиях, обеспечивая инструменты, которые помогают ученым делать открытия.
GPT-4 (от OpenAI):
Цель: GPT-4 представляет собой крупномасштабную языковую модель, разработанную для понимания и генерирования текста, который очень похож на человеческий.Модели: GPT-4 является частью серии моделей Generative Pre-trained Transformer, и она обучается на обширном наборе текстов для выполнения широкого спектра задач по обработке естественного языка.Фокус: Основное внимание уделяется общему использованию в различных приложениях, включая перевод, написание текстов, ответы на вопросы и т.д., с акцентом на гибкость и универсальность.
Основные отличия:
Миссия и Применение:xAI больше ориентирована на научные приложения и понимание вселенной, в то время как GPT-4 более универсальна и направлена на широкий спектр задач НЛП.Перспектива и Подход:Grok от xAI может предлагать внешнюю перспективу на человечество, в то время как GPT-4 старается быть максимально нейтральной и универсальной в своих ответах.Обучение и Данные:Хотя обе модели обучаются на больших объемах данных, xAI может специализироваться на данных, которые более релевантны для научных открытий, тогда как GPT-4 обучается на более разнообразных текстах для общего понимания языка.Философия:xAI стремится к максимальной полезности и правдивости в области науки, тогда как OpenAI с GPT-4 больше фокусируется на продвижение ИИ для общего блага, безопасности и прозрачности.
В конечном итоге, оба проекта представляют собой разные подходы к использованию ИИ, отражающие различные цели и философии их создателей.
Но имейте в виду xAI интеллект не имеет ничего общего с токеном xAI , XAI, каторые торгуются на Dex и Централизованных Биржах
xAI не имеет своего токена .
#GPT-4 #XAI
IQ is now on CoinGecko and CoinMarketCap's list of Top AI tokens!
IQ token is now on CoinGecko's Top Artificial Intelligence (AI) Coins by Market Cap!
IQ is also on CoinMarketCap's Top AI & Big Data Tokens by Market Capitalization list.
This comes after IQ.wiki integrated GPT-4 for wiki summaries while the BrainDAO team works to build a more specialized AI model.
#ai #aiandbigdata #GPT-4 #IQ
IQ is also on CoinMarketCap's Top AI & Big Data Tokens by Market Capitalization list.
This comes after IQ.wiki integrated GPT-4 for wiki summaries while the BrainDAO team works to build a more specialized AI model.
#ai #aiandbigdata #GPT-4 #IQ
Manus AI – China’s First Autonomous AI Agent!
Manus AI is changing the game! Unlike regular AI, it works on its own—no need for constant supervision!
✅ Fully Autonomous – Handles tasks like resume sorting, stock analysis & website building!
✅ Multi-Modal – Works with text, images & code for all-in-one solutions!
✅ Smart Integration – Connects with browsers, databases & coding platforms!
✅ Super Fast – Beats #GPT-4 in AI performance tests!
Still in testing, but experts say it’s the future of AI!
#WhaleMovements @WISE PUMPS
Manus AI is changing the game! Unlike regular AI, it works on its own—no need for constant supervision!
✅ Fully Autonomous – Handles tasks like resume sorting, stock analysis & website building!
✅ Multi-Modal – Works with text, images & code for all-in-one solutions!
✅ Smart Integration – Connects with browsers, databases & coding platforms!
✅ Super Fast – Beats #GPT-4 in AI performance tests!
Still in testing, but experts say it’s the future of AI!
#WhaleMovements @WISE PUMPS
Zilliqa mainnet EVM compatibility set to go live in April🔥
LIKE ❤️ FOLLOW 🙏 COMMENT⌨️ SHARE🔗
#GPT-4 #Launchpad #CreditSuisse #Fed #BTC
LIKE ❤️ FOLLOW 🙏 COMMENT⌨️ SHARE🔗
#GPT-4 #Launchpad #CreditSuisse #Fed #BTC
#GPT-4 #CreditSuisse #Launchpad #trading
Unlock the Power of GPT-4 for Crypto Trading: A Proven Strategy to Multiply Your Earnings!
The best part? I created my own trading platform using GPT-4, tailor-made for my specific needs. comment for more follow me
Unlock the Power of GPT-4 for Crypto Trading: A Proven Strategy to Multiply Your Earnings!
The best part? I created my own trading platform using GPT-4, tailor-made for my specific needs. comment for more follow me
IQ Upgrades to GPT-4: IQ.wiki integrates OpenAI’s GPT-4 for Summaries
The IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. Just last month, IQ.wiki became one of the first decentralized applications to integrate AI technology. With this upgrade, IQ.wiki now uses the most advanced AI technology available.
Previously, GPT-3 was used by IQ.wiki to summarize complex wiki articles into brief 256-character summaries for search engines. IQ.wiki has now integrated GPT-4 allowing for more precise and concise summarization, by utilizing the latest advancements in AI technology.
Here’s what the 256-character summary of the ENS IQ.wiki article looks like with GPT-3 vs. GPT-4:
GPT-3: Ethereum Name Service is a decentralized, open source, and permissible naming system which runs on the Ethereum smart contracts.
GPT-4: Ethereum Name Service (ENS) is a decentralized, blockchain-based naming system that enables human-readable names for Ethereum addresses and resources, similar to the Domain Name System.
BrainDAO was granted whitelist access to GPT-4 to implement this upgrade, which is the latest milestone in OpenAI's scaling up of deep learning. GPT-4's exceptional reliability, creativity, and ability to handle instructions make it superior to its predecessor when dealing with complex tasks like summarizing wikis.
BrainDAO is the governing decentralized autonomous organization (DAO) responsible for overseeing the IQ ecosystem's development in creating a more intelligent future through the IQ token. The DAO is collectively made up of all IQ token stakers who govern the token and the BrainDAO treasury. BrainDAO's treasury has amassed over $14 million in total assets as of writing. The IQ token is backed by the BrainDAO treasury, which is entirely managed by HiIQ holders. BrainDAO continues to strategically invest in a diverse range of assets, including IQ tokens, Ethereum, stablecoins, blue chip NFTs, and others.
BrainDAO is now focused on developing its own AI by training its LLM with wiki articles on IQ.wiki to improve the quality of summaries further. In addition, BrainDAO is exploring several AI use cases within the IQ ecosystem, such as translating articles into different languages, identifying potential trending topics, editing wiki articles for spelling and grammar. This would break down barriers and make it much easier for editors to collaborate and share knowledge about the blockchain space. AI will be a key instrumental tool in scaling IQ.wiki and increasing the IQ token's utility.
In 2023, one of BrainDAO's main objectives will be to integrate AI into the IQ.wiki platform and develop a system around training artificial intelligence. By offering IQ token rewards for contributions to the IQ.wiki encyclopedia, BrainDAO can incentivize the testing and development of AI. Stay tuned for more details on BrainDAO's plans!
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
#GPT-4 #ai #aiandbigdata #IQ
Previously, GPT-3 was used by IQ.wiki to summarize complex wiki articles into brief 256-character summaries for search engines. IQ.wiki has now integrated GPT-4 allowing for more precise and concise summarization, by utilizing the latest advancements in AI technology.
Here’s what the 256-character summary of the ENS IQ.wiki article looks like with GPT-3 vs. GPT-4:
GPT-3: Ethereum Name Service is a decentralized, open source, and permissible naming system which runs on the Ethereum smart contracts.
GPT-4: Ethereum Name Service (ENS) is a decentralized, blockchain-based naming system that enables human-readable names for Ethereum addresses and resources, similar to the Domain Name System.
BrainDAO was granted whitelist access to GPT-4 to implement this upgrade, which is the latest milestone in OpenAI's scaling up of deep learning. GPT-4's exceptional reliability, creativity, and ability to handle instructions make it superior to its predecessor when dealing with complex tasks like summarizing wikis.
BrainDAO is the governing decentralized autonomous organization (DAO) responsible for overseeing the IQ ecosystem's development in creating a more intelligent future through the IQ token. The DAO is collectively made up of all IQ token stakers who govern the token and the BrainDAO treasury. BrainDAO's treasury has amassed over $14 million in total assets as of writing. The IQ token is backed by the BrainDAO treasury, which is entirely managed by HiIQ holders. BrainDAO continues to strategically invest in a diverse range of assets, including IQ tokens, Ethereum, stablecoins, blue chip NFTs, and others.
BrainDAO is now focused on developing its own AI by training its LLM with wiki articles on IQ.wiki to improve the quality of summaries further. In addition, BrainDAO is exploring several AI use cases within the IQ ecosystem, such as translating articles into different languages, identifying potential trending topics, editing wiki articles for spelling and grammar. This would break down barriers and make it much easier for editors to collaborate and share knowledge about the blockchain space. AI will be a key instrumental tool in scaling IQ.wiki and increasing the IQ token's utility.
In 2023, one of BrainDAO's main objectives will be to integrate AI into the IQ.wiki platform and develop a system around training artificial intelligence. By offering IQ token rewards for contributions to the IQ.wiki encyclopedia, BrainDAO can incentivize the testing and development of AI. Stay tuned for more details on BrainDAO's plans!
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
#GPT-4 #ai #aiandbigdata #IQ
Bitcoin: Net Taker Volume
Dear valued Bitcoin traders,
We are excited to announce the release of our latest tool to help you stay ahead of the game - Net Taker Volume. This innovative metric measures the difference between buying and selling volume on futures contracts of Bitcoin, providing you with valuable insights into market trends and trading activity.
As you know, understanding market trends and sentiment is crucial in making successful trades. Net Taker Volume enables you to analyze trading activity on futures contracts of Bitcoin with greater accuracy, allowing you to make more informed decisions and potentially increase your profits.
Our team has worked tirelessly to develop this cutting-edge tool, utilizing advanced algorithms and data analysis techniques to ensure its accuracy and reliability. We are confident that Net Taker Volume will be a game-changer for Bitcoin traders, helping you to trade smarter and stay ahead of the competition.
Don't miss out on this opportunity to gain a competitive edge in the world of cryptocurrency trading. Try Net Taker Volume today and experience the benefits for yourself.
Thank you for choosing our platform for your trading needs.
Best regards,
[ CryptoPatel ]
Follow us for More Updates.
#Binance #BNB #bitcoin #Launchpad #GPT-4
We are excited to announce the release of our latest tool to help you stay ahead of the game - Net Taker Volume. This innovative metric measures the difference between buying and selling volume on futures contracts of Bitcoin, providing you with valuable insights into market trends and trading activity.
As you know, understanding market trends and sentiment is crucial in making successful trades. Net Taker Volume enables you to analyze trading activity on futures contracts of Bitcoin with greater accuracy, allowing you to make more informed decisions and potentially increase your profits.
Our team has worked tirelessly to develop this cutting-edge tool, utilizing advanced algorithms and data analysis techniques to ensure its accuracy and reliability. We are confident that Net Taker Volume will be a game-changer for Bitcoin traders, helping you to trade smarter and stay ahead of the competition.
Don't miss out on this opportunity to gain a competitive edge in the world of cryptocurrency trading. Try Net Taker Volume today and experience the benefits for yourself.
Thank you for choosing our platform for your trading needs.
Best regards,
[ CryptoPatel ]
Follow us for More Updates.
#Binance #BNB #bitcoin #Launchpad #GPT-4
April IQ Token Report
It’s time for the April edition of #IQ Monthly News which covers IQ token news, partnerships, and more. IQ holders have locked up a record 1 billion IQ, IQ.wiki integrates Lens Protocol’s Lenster, BrainDAO now has 2785 sfrxETH with Frax Ether, and meme tokens pages are trending on IQ.wiki. Keep reading to stay up-to-date with IQ token progress.
Growth
The IQ token saw a volume of over $667 million in April alone across all the exchanges, calculated from CMC. This comes after IQ.wiki upgraded its #ai integration from GPT-3 to #GPT-4 .
Announcements
1 Billion IQ locked with HiIQ
In April, IQ holders locked up a record 1 billion IQ. HiIQ has grown exponentially within the past few months with the implementation of the new tokenomics further incentivizing early adopters with greater IQ incentives.
Back in November 2022, IQ announced the IQ token’s new halvening tokenomics model which triples emissions for HiIQ holders. This model provides higher initial emissions to incentivize early adopters and gradually lowers emissions to ensure long-term sustainability. Most importantly, HiIQ holders will be able to determine IQ.wiki’s course of action in the future by participating in governance.
This news comes at a perfect time as the IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. With this upgrade, IQ.wiki now uses the most advanced AI technology available. You can watch GPT-4 summarize an in-depth IQ.wiki page on the Ethereum Name Service in seconds.
IQ.wiki integrates Lens Protocol’s Lenster
Lens Protocol’s community of over 100,000 users can now easily share IQ.wiki pages onto Lenster, the leading Web3 social platform on Lens. Anyone reading IQ.wiki can simply click the share button on an IQ.wiki article and directly share the page on Lenster.
Lenster is a composable, decentralized, and permissionless social media web dApp built with Lens Protocol. Lenster was the first Web3 social experience to be built on Lens and functions similarly to Twitter both in layout and execution, with added support for a variety of NFT types. The Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain founded by Stani Kulechov of Aave. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph.
BrainDAO now has 2785 sfrxETH with Frax Ether
Frax Ether is an ETH LSD designed to uniquely leverage the Frax Finance ecosystem and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. BrainDAO chose liquid staking with Frax Ether since it offers the highest return and security. This will bring revenue to BrainDAO as all profits generated from Frax Ether validators are distributed to sfrxETH holders like BrainDAO. Frax Ether launched in January 2023, and the BrainDAO treasury now has 2785 sfrxETH which is equivalent to more than $5.3 million as of writing.
IQ.wiki puts out Educational Threads on Twitter
Balaji Srinivasan Thread
In the newest thread of IQ.wiki’s ‘People in Crypto’ series, where we aim to educate people about famous figures in crypto, the team covered Balaji Srinivasan, an angel investor, venture capitalist, and technology entrepreneur. Balaji has been trending on IQ.wiki and is the #1 Bitcoin evangelist.
Shapella Update Thread
In early April, the IQ.wiki covered Ethereum Shapella upgrade. The Shapella Upgrade combined changes to the execution layer (Shanghai) and the consensus layer (Capella) and the Engine API. This thread walks readers through all of the proposals that are part of the Shapella Upgrade and why it is a game-changer.
Memecoins are trending on IQ.wiki
IQ.wiki has seen a surge in the number of memecoin pages being created, with users eager to share information about their favorite memecoin. The number one #memecoin trending on IQ.wiki this week is Wojak which was inspired by the Wojak or Feels Guy meme. Other memecoins that have trended on IQ.wiki include Good Gary #Gensler and Pepe.
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
Growth
The IQ token saw a volume of over $667 million in April alone across all the exchanges, calculated from CMC. This comes after IQ.wiki upgraded its #ai integration from GPT-3 to #GPT-4 .
Announcements
1 Billion IQ locked with HiIQ
In April, IQ holders locked up a record 1 billion IQ. HiIQ has grown exponentially within the past few months with the implementation of the new tokenomics further incentivizing early adopters with greater IQ incentives.
Back in November 2022, IQ announced the IQ token’s new halvening tokenomics model which triples emissions for HiIQ holders. This model provides higher initial emissions to incentivize early adopters and gradually lowers emissions to ensure long-term sustainability. Most importantly, HiIQ holders will be able to determine IQ.wiki’s course of action in the future by participating in governance.
This news comes at a perfect time as the IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. With this upgrade, IQ.wiki now uses the most advanced AI technology available. You can watch GPT-4 summarize an in-depth IQ.wiki page on the Ethereum Name Service in seconds.
IQ.wiki integrates Lens Protocol’s Lenster
Lens Protocol’s community of over 100,000 users can now easily share IQ.wiki pages onto Lenster, the leading Web3 social platform on Lens. Anyone reading IQ.wiki can simply click the share button on an IQ.wiki article and directly share the page on Lenster.
Lenster is a composable, decentralized, and permissionless social media web dApp built with Lens Protocol. Lenster was the first Web3 social experience to be built on Lens and functions similarly to Twitter both in layout and execution, with added support for a variety of NFT types. The Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain founded by Stani Kulechov of Aave. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph.
BrainDAO now has 2785 sfrxETH with Frax Ether
Frax Ether is an ETH LSD designed to uniquely leverage the Frax Finance ecosystem and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. BrainDAO chose liquid staking with Frax Ether since it offers the highest return and security. This will bring revenue to BrainDAO as all profits generated from Frax Ether validators are distributed to sfrxETH holders like BrainDAO. Frax Ether launched in January 2023, and the BrainDAO treasury now has 2785 sfrxETH which is equivalent to more than $5.3 million as of writing.
IQ.wiki puts out Educational Threads on Twitter
Balaji Srinivasan Thread
In the newest thread of IQ.wiki’s ‘People in Crypto’ series, where we aim to educate people about famous figures in crypto, the team covered Balaji Srinivasan, an angel investor, venture capitalist, and technology entrepreneur. Balaji has been trending on IQ.wiki and is the #1 Bitcoin evangelist.
Shapella Update Thread
In early April, the IQ.wiki covered Ethereum Shapella upgrade. The Shapella Upgrade combined changes to the execution layer (Shanghai) and the consensus layer (Capella) and the Engine API. This thread walks readers through all of the proposals that are part of the Shapella Upgrade and why it is a game-changer.
Memecoins are trending on IQ.wiki
IQ.wiki has seen a surge in the number of memecoin pages being created, with users eager to share information about their favorite memecoin. The number one #memecoin trending on IQ.wiki this week is Wojak which was inspired by the Wojak or Feels Guy meme. Other memecoins that have trended on IQ.wiki include Good Gary #Gensler and Pepe.
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
今晚帮助几十位粉丝避开今晚的大跌。
我发现我踏踏实实分析干货，还不如别人吹牛逼涨粉快😂😂😂，让我心态有点失衡。#GPT-4
本条推文抽奖，评论区留下“币安支付ID”，抽取5个幸运小伙伴，每人5万shib！
你会关注一位专注技术分析的博主么？
我发现我踏踏实实分析干货，还不如别人吹牛逼涨粉快😂😂😂，让我心态有点失衡。#GPT-4
本条推文抽奖，评论区留下“币安支付ID”，抽取5个幸运小伙伴，每人5万shib！
你会关注一位专注技术分析的博主么？
会，请关注我🌹🌹
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