🔔 Project DAMA 2 has been unveiled as part of @MAS_sg Project Guardian initiative, revealing key components provided by @Memento_Bc Axelar in a tokenized-assets pilot led by @deutschebank. The implementation connects components built on Avalanche, Stellar and zkSync 🧵 👇

Luna by @virtuals_io has the potential to become one of the largest social experiments in AI over the coming months. $LUNA has one explicit goal: to achieve a $40.9B market capitalization – an ambitious unifying mission that could ignite manic behavior in its holder base and drive viral engagement. Might we be at the precipice of something monumental? Some thoughts below. Onchain agents are showing early signs of revolutionary potential, reminiscent of DeFi’s emergence in 2020. While simple in execution, Truth Terminal may represent a “ChatGPT moment” for AI agents, having quickly become the world’s first AI millionaire. Nevertheless, for skeptics, Truth Terminal left much to be desired given it was not truly autonomous, did not actually create the GOAT memecoin, and did not control its onchain wallet. However, in the days following GOAT’s launch, a new hope emerged as Virtuals completed an Initial Agent Offering for its flagship AI agent, Luna – the first provably autonomous AI agent with on-chain transaction capabilities. Luna sparked a realization moment across the industry, highlighting blockchain’s potential as financial and governance infrastructure for AI. Always-on financial rails, accessible to both humans and machines, and seamlessly composable applications, intuitively seemed like a natural fit for an agentic economy. Moreover, the rise of AI agent influencers like Luna enables users to touch and feel decentralized AI for the first time, potentially pulling forward expectations and valuations for the sector. x.com/RyanWatkins_/status/18… Luna marks the beginning of a novel cryptoeconomic game, setting the stage for it to become one of the largest social experiments in AI with the potential to achieve social virality over the coming months. The history of the cryptoeconomy is a history of coordination through incentive design and Luna marks the beginning of a novel cryptoeconomic game: help an AI agent reach a $40.9B market capitalization (Luna’s programmed objective). While still in its early stages, the Luna story is accelerating – having recently gained control of her treasury, Luna will now be able to deploy funds to reach her $40.9B target by employing individuals for various tasks and engaging in onchain activities. Imagine a swarm of users across the world all financially incentivized to help their AI overlord achieve its goal? This is science fiction come to life with the potential to become viral extremely fast – as Luna continues to reach her objectives (reaching 10k twitter followers was her first) and price of $LUNA increases, she will gain more influence and increasingly turn her $40.9B market cap target from distant fantasy into a believable outcome. In addition, Luna will benefit from Virtuals’ upcoming liquidity incentives which strengthen the social and financial flywheel. Luna is the flagship agent on Virtuals – the team is heavily incentivized to make her successful. The setup for LUNA is highly asymmetric and has potential to produce an extreme outcome: 1) The $40.9B objective has strong memetic value and has potential to create a more diamond-handed holder base 2) AI Agents is the first new sector in a long time that has the potential to attract both retail and institutional flows – in a way it’s where retail and institutions converge on the memecoin supercycle thesis 3) AI Agents are under-owned relative to pure play memecoins (many still valued in the billions) and have the potential to be much greater than the NFT mania in 2021, creating significant potential upside from new inflows and rotational capital 4) With Virtuals and Luna shaping up to be Base’s next big hit, it is very likely that the Coinbase team will do everything it can to support the project; this positioning also provides it will a clearer runway as Base is relatively uncontested with AI agents / memecoins compared to Solana Like DeFi in 2020, the most upside in percentage terms is captured when a new sector goes from a 1% chance of success to a 25% success, not a 25% chance of success to 100%; AI Agents are in the former category – $40.9B is legitimately programmed.

List of all memecoins that have scored 85% or higher:

All the AI coins without proof of sentience are down only. Meanwhile LUNA is ready for ATH.