Curious what the casters think about fundamentals/utility for web3 projects. Do they matter or are prices still driven by hype and memetic value?

I’m a huge crypto x ai agent maxi. It’s crazy to see the top ai tokens ($virtual, $ai16z, $arc, $aixbt, etc.) get rekt over the past couple months (down ~80% from ATHs) while their fundamentals and utility have only increased. Once the macro environment recovers, ai coins will catch a bid again.

$arc just released its whitepaper v1. Here are some key details:

arc's next step in building AI agent infrastructure is Ryzome.

Ryzome is "The Agentic App Store" connecting AI agents to thousands of digital services.

Ryzome uses Anthropic's Model Context Protocol (MCP), a standard interface allowing agents to access Web2 and Web3 services.

Service fees for transactions will be settled in $arc, and revenue distribution is as follows:
> 85% to service providers
> 10% to Arc treasury
> 5% to Playgrounds operations

I like this chart. Makes me bullish Cetus Protocol. BTW which processed $17.3 billion in volume (accounting for 75.6% of all /sui DEX volume) in Q4 2024.

Is this thing on? I have too much alpha that needs to be casted 👀

Jake

@jake0