Technical investors love to pay for potential. GameFi-tokens, with soaring valuations divorced from current uses or revenue, embodies this optimism perfectly-as Coindesk investigated in 2022, Decentraland’s then billion dollars market capital did not quite voted on the number of active players on the platform.
But surprisingly, it does not seem that distributed calculated tokens enjoy the same speculative prize, even compared to their traditional financing dealers like Coreweave (CRWV).
CoinMarketcap says the Tokens for decentralized network category that supplies GPU power to AI and other calculated workloads that include well-known tokens such as bittensor, aethir and rendering are worth $ 12 billion.
At the same time, market data from research group markets and markets is the value of GPU as a service industry of about $ 8 billion this year growing to $ 26 billion by 2030.
In contrast, CRWV closed in New York on Monday for $ 163 and set its market capital of $ 79.2 billion. The company’s recent revenue forecast up to $ 5.1 billion in 2025 revenue, suggesting it trades with more than 15 times forward sales.
That kind of multiple may be justified in an environment of high growth, but Coreweave also published a net loss of $ 314.6 million in the first quarter, driven partially by stock -based compensation and continued infrastructure development.
Despite this, investors continue to reward Coreweave for its dominant position in centralized AI infrastructure with its stock up 300% years to date. The company is closely integrated with NVIDIA and has great visibility through contracts with Openai and other business clients.
Meanwhile, decentralized calculation network provides similar services – AI -inferences, reproduction and calculation of power – without having to raise billions in debt or equity when they act as a broker connecting existing GPUs to users, saving capital costs to buy their own server companies.
This is not theoretical network. They are functional systems that already treat real workloads and the broker model works for customers.
Still, their collective market value remains a fraction of Coreweaves. Certainly, they do not have the same level of workload that runs through their network, but the gap is striking. While the market treats GameFi with irrational overflow, distributed calculation tookens can suffer from the opposite problem.
Despite addressing the same market needs as Coreweave and in some ways to offer a more capital -efficient and globally scalable model without the eye -watering CAPEX, they remain modestly appreciated.
Justin Sun-backed SRM Entertainment Announces $ 100 million TRX PATTE MOVE
SRM Entertainment (NASDAQ: SRM)Soon to redirect like Tron Inc., he has set the entire treasury of 365 million TRX -Tokens through Justlend, a step that could yield an annual return of up to 10%, according to a release.
The move is on the heels of an investment round of $ 100 million that was closed earlier this month to finance what the company calls a “Tron Treasury strategy”, essentially, a public market vehicle modeled at Bitcoin-skew-skews as a micro-strategy, but for TRX.
This structure provides equity investors indirect exposure to a network that plays a dominant role in USDT stablecoin settlement, especially in the global South, where Tron-based Tether acts as a dollar-lifeline-by doubt a ‘Visa Ipo’ moment for the region’s economy.
Sogni AI debuts Mainnet, Sogni -Token to List on Kraken, Mexc, Gate.io
Sogni AI, a decentralized platform for generative AI workflows, has launched its mainnet and will list its original token, parish, on Kraken, Mexc and Gate.io.
Sogni is the tool for parish Supernet. It is used to calculate payments, efforts, governance and access to advanced application functions.
The Mainnet launch includes implementations on the base, an Ethereum-Lay-Lay-2 developed by Coinbase and EtherLink, a Tezos-based EVM-compatible Layer-2 using smart rollups. In a release, the platform said this chain-embroidery approach is designed to balance scalability and accessibility.
The stated goal of the project is to create an open and economically sustainable environment for creative AI applications that combine web3 infrastructure with user tools similar to web2 services in ease of use.
The platform also uses a non-transferable credit system called Spark Points, which are rendering credits of fixed value that can be purchased or earned within the parish ecosystem.
Users interact with the network through three core applications: parish web, parish pocket and parish studio. Creators submit generative AI jobs, while node operators or “workers” provide GPU resources and compensate in parish -tokens.
Market Movement:
- BTC: Bitcoin trades with $ 107,200 and has a strong support zone after a 14,695 BTC volume tip near $ 107K, with dealers looking at a potential outbreak against $ 115,000.
- ETH: Ethereum rebound sharply from a 3.4% intradag drop that is currently trading with $ 2,480, forming a V-shaped recovery of $ 2,438 support as institutional influxes continue despite a broader uncertainty on the market.
- Gold: Gold deals with $ 3,310.95 that rebounding from a month low as a weaker dollar and fed to equalize risk-on mood.
- Nikkei 225: Asia-Stophav markets acted mixed on Tuesday as investors weigh Wall Street’s record height against threatening uncertainty from Trump’s expiring 90-day customs cutting, with Japan’s Nikkei 225 down 0.58%
- S&P 500: Shares climbed Monday when the S&P 500 rose 0.52% to a record closure of 6,204.95 and closed a strong month.
Elsewhere in crypto:
- Senator seeks to waive US taxes on small -scale crypto activity in large budget bill (Coindesk)
- Singapore to ‘Thread the Needle’ when Krypto -license Rules take effect (Decryptter)
- Popular economic adviser Ric Edelman says investors should allocate up to 40% of wealth to Crypto (Coindesk)
