0xScope Newsletter #57: How We Won the Top Prize in Mantle AI Fest
0xScope Newsletter #57: How We Won the Top Prize in Mantle AI Fest
Also: We partnered with AI-driven prediction market PredX, while our CEO graced two important Twitter Space events about Web3 + AI and market meltdowns.
0xScope Gets the 300,000 $MNT Top Prize in Mantle AI Fest
Thanks to your strong support, 0xScope has won the biggest prize pool in Mantle AI Fest, with 300,000 $MNT to be distributed soon to qualified participants. Our success is all yours, as we could not have achieved it without your proactive use of AI Trading on Scopechat and your enthusiasm in completing the tasks on Scopechat.
This achievement was made possible by the following factors:
Scopechat brought in $528.3M in trading volume to Mantle.
The most tangible measure of a project’s impact on the growth of a Web3 protocol like Mantle and the DeFi projects on those networks is its capability to drive user and volume growth, as Scopechat has evidently shown during AI Fest.
Leveraging AI to solve Web3 problems yields great results.
When the 0xScope team started working with Mantle for the AI Fest, we made sure to showcase what AI can do to enhance and simplify the DeFi trading experience. The high trading volumes and achievements we reached during the campaign show that people in Web3 are more than ready to use 0xScope’s AI solutions for Web3 platforms.
Holistic campaign planning lifts not just 0xScope but also our partners.
Our liquidity partnerships with AGNI Finance and iZUMi Finance, including their prize pool contributions, exhibit how DeFi and AI can work together to boost business while also making it easier for Web3 users of all levels to transact in DeFi platforms.
Speaking of AGNI Finance and iZUMi Finance, here are more details about their own prize pool distributions:
AGNI Finance has released its winners’ list and announced that they will distribute the prizes automatically in the next 7 days.
Meanwhile, iZUMi finance said that its 50,000 $MNT pool will be distributed to participants based on the trading volume generated during the campaign period.
Eligible addresses can now claim the airdrop here. The claim period will last for 2 weeks.
0xScope Partners with PredX
We welcome PredX, an AI-driven multichain prediction market, to the 0xScope Web3 + AI Ecosystem.
We will explore synergies and growth opportunities for 0xScope's game-changing Web3 AI Data Layer and PredX's innovative solutions for Web3-based prediction markets. Stay tuned for more exciting updates about this new partnership!
On-chain Data
Exchange assets grow by $6B as markets rebound
There are more winners than losers in the crypto markets this past week, as exchanges see their asset values expand by another $6B, following the $4.9B growth from the previous week. Among major exchanges, the biggest winner is HTX, the only one with a double-digit increase of 13.48%, followed by Kraken’s 8.15% rise. While most exchanges saw slight increases, Bybit and Binance US were in the red, with declines of 1.22% and 1.74%, respectively.
Upcoming token unlocks for $ALT, $YGG
This week, watch out for the major unlocking of $18.65M worth of $ALT tokens on August 25, followed by the $5.58M unlock for $YGG on August 27.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcements
0xScope CEO Shares Web3 + AI Insights in 2 Events
Our CEO Phillip Torres continues to establish his reputation as a major thought leader in Web3 through the following online events:
MagicSquare X/Twitter Space (August 16). In this exciting round table discussion about AI + blockchain synergies and progress, Phillip shared what 0xScope has done to spearhead this movement.
Coincall X/Twitter Space (August 20). In this discussion on how to navigate crypto market meltdowns, the 0xScope CEO provided his insights on the right strategies for bearish situations, including some help from reliable Web3 analytics solutions.
Subscribe to Scopechat Pro
Scopechat Pro is our new membership system for a next-level AI-powered crypto trading experience. With Scopechat Pro, you can enjoy the following benefits for as little as $14/month for the annual plan!
Subscribe to Scopechat Pro today! Pay using your credit card, Scopepoints, or crypto (we support Ethereum, Arbitrum, Base, and Optimism networks).
Be the Next 0xScope Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a 0xScope Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
Quick Bites
Spot Ethereum ETFs record longest outflow streak amid drying investments - LINK
Mt. Gox shifts $700M in Bitcoin, first major move in 3 weeks - LINK
Crypto OTC desks now hold over $22B in Bitcoin - LINK
Solana protocol teases market for Gamestop-style short squeeze of $53B memecoin market - LINK
Binance resumes operations in India after regulatory hiatus - LINK
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